MANSFIELD, Texas, Oct. 25, 2022 (GLOBE NEWSWIRE) — ClaimBuyout, a nationwide automobile shopping for firm, in the present day introduced the redevelopment of its self-service digital platform the place individuals go to promote their broken automobile deemed repairable following an accident as an alternative of getting it repaired and obtain pre-accident worth. Using proprietary patent-pending expertise and a broad market view, the service positively impacts buyer experiences, making a launch valve for the backlog of autos awaiting restore, elements caught within the provide chain, and those that merely now not need their broken automobile after an accident.
“We are addressing two big issues impacting the auto claims process at once–cycle time and customer satisfaction,” stated Robert Guerrero, ClaimBuyout President and Co-Founder. “We are carving out a new lane in the auto claims customer journey where timing and experiences matter most. The vehicle owner can take the ClaimBuyout Offer and receive pre-accident value or move on with repairing their damaged vehicle—it’s their choice. We have purchased $30 million dollars’ worth of vehicles to date with an average of two business days from offer to contract.”
ClaimBuyout.com presents extra insights for insurance suppliers and automobile homeowners to navigate this revolutionary course of and be taught extra about how a ClaimBuyout Offer is generated.
Auto Claims Industry Snapshot:
- 3 million excessive influence accidents within the US yearly (30% to 70% harm)
- 4.5 weeks restore facility backlog nationwide common; 15% of restore retailers expertise an 8+ week backlog
- 100,000 auto tech job openings over the subsequent decade
- 26.7 days size of non-drivable restore cycle time
- 15.6 days median supply days for all celebration varieties
The ClaimBuyout Solution by the Numbers
- Average cycle time is 2 days from buyer referral to contract
- Average harm restore estimate is 40%
- Average mannequin yr bought is 2016
- 70% of shoppers say “yes”
- $30 Million value of autos bought up to now
About ClaimBuyout
ClaimBuyout is a nationwide automobile shopping for firm delivering a brand new post-accident possibility providing pre-accident worth. The proprietary self-service digital platform is the place individuals go to promote their repairable autos following an accident as an alternative of getting the automobile repaired. Vehicles are acquired by insurance referrals, rental automotive firm fleets, and heavy-duty business autos. Learn extra at ClaimBuyout.com, e mail [email protected], or name 833.328.9688.
Media Contact:
Susan Jablonski, VP Marketing
[email protected]
312.933.8584
#ClaimBuyout
