Benefits for insurance companies
After a collision, the insurance company has the option to either repair a vehicle or declare it a total loss.
By using the Recopart Web System, insurance companies can sell a total-loss car efficiently for salvage to a dismantler while-at the same time-assuring a high rate of recycled parts being used in the insurance company's repair cases.
Insurance companies gain better control and reduced workloads in their dealings with dismantlers and body shops. Real-time statistics concerning the disposal of the salvaged cars bring transparency to the process.
More efficient management of total loss vehicles-and immediately increased utilization of used parts for repairs-improves profitability at both ends.
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