The chart below illustrates the total loss data for both vehicle age and actual cash value of total loss vehicles processed through ̽»¨¾«Ñ¡ servers.
Average Vehicle Age in Years
Average Vehicle Total Loss Actual Cash Value
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Auto Physical Damage
News Release
Primary Point of Impact Contributing to Differences in Claims Severity for Battery Electric and Internal Combustion Engine Vehicles
̽»¨¾«Ñ¡ today announced the release of its Q3 2024 Plugged-In: EV Collision Insights report. This issue provides an overview of the point-of-impact and severity differences between repairable battery electric vehicles (BEVs) and automobiles with an internal combustion engine (ICE).
Auto Physical Damage
Article
Plugged-In: EV Collision Insights Q3 2024
In Q3 2024, claims frequency for repairable collision-damaged battery electric vehicles (BEVs) rose to 3.01% in the U.S. and 3.97% in Canada, an increase of 47% and 26% respectively year over year (YOY). While BEV sales have slowed, they still represent 8% of new vehicle sales in the U.S. (up 11.3% YOY) and 9.49% in Canada (up 18.47% YOY).
Auto Physical Damage
News Release
̽»¨¾«Ñ¡ and Protech Join Forces to Streamline Calibration Detection
̽»¨¾«Ñ¡ and Protech Automotive Solutions, the largest national provider of ADAS diagnostic scanning and calibration services, today announced that they have signed an agreement to integrate Protech’s ADAS ID3 solution with ̽»¨¾«Ñ¡â€™s Diagnostics as a Service (DaaS) platform and Predictive ADAS functionality.
Auto Physical Damage
News Release
̽»¨¾«Ñ¡ Technology to Power New Virtual Estimating Service from Collective
̽»¨¾«Ñ¡ today announced that its software solutions are powering a new virtual estimating service from Collective Sourcing, LLC. Created for U.S. auto insurers, the service is designed to reduce claims processing time by combining ̽»¨¾«Ñ¡â€™s damage appraisal technology with auto technical specialists at Collective.