Today’s vehicles are safer than ever, yet the number of totaled automobiles is rising.
Hi Marley found that the total loss cycle time has also increased, going from 15 days to 20 days between the first notice of loss and vehicle release on average today. And, with average total loss claims costing $54 per day, expenses add up quickly.
Read our latest report to learn how carriers can streamline the total loss process, reduce costs and improve the customer experience.
