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Journey of an Insurance Claim for Students in Collision Estimating Training

Automotive Training Centre

Mastering the nuances of insurance claims allows students in collision estimating training to provide accurate estimates and ensure that vehicle repairs are processed efficiently. How does an insurance claim move from the initial report to the final payout? This step is vital because it forms the basis for the insurance payout.

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From the Magazine: Collision repair at a crossroads

Auto Service World

Insurance claims, arguably the largest driver of revenue, were down which directly impacted collision topline. Similarly, a sudden drop in used car prices from post-COVID highs resulted in many vehicles not being repaired. Now, 2024 was an unusual year with one of the mildest winters recorded in recent history.

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Data-Powered Automotive Sustainability for the Eco-Conscious Customer

Solera

Fast-forward to today, and sustainability has gone from an optional to a must-have for most industries, including automotive and insurance. The conversation underscored the importance of parametric insurance analytics solutions, which can provide coverage for climate-related events that traditional insurance often overlooks.

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The Rise of Autonomous Vehicles

RepairSmith

What is Meant by Autonomous Vehicles? Autonomous vehicles, also known as AVs, represent a shift in how we view transportation. These vehicles navigate without human input, using advanced technology to respond to traffic and road conditions. These vehicles detect road hazards and make decisions to avoid accidents.

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Hyundai Genesis Dongle Causing Multiple Issues

Tomorrow's Technician

Often owners will install aftermarket dongles for insurance purposes, fuel monitoring, GPS tracking, or to monitor driving habits. Owners should remove the aftermarket dongle before bringing the vehicle in for service. Over The Air (OTA) update-related failures related to navigation and OTA software update. Telematics concerns.

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How to Simplify Tax Season for Your Auto Repair Shop This Year

AutoShopOwner

parts purchases, payroll, rent, utilities, insurance, marketing, shop supplies). Use accounting software or even well-organized spreadsheets to do this consistently. Track Mileage: If you or your employees use personal vehicles for business purposes (e.g., Categorize Everything: Establish clear categories for your income (e.g.,

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Understanding AI Risk Assessment After Auto Body Estimating Training

Automotive Training Centre

Understanding Traditional Risk Assessment in Auto Body Estimating Auto body estimators are crucial to evaluating vehicle damage and determining repair costs. They then prepare work orders and insurance claim forms to document their findings and recommendations. This level of automation also impacts insurance estimations.