Total Loss Prediction and Process
When customers are in a serious accident, it can be costly for them to wait until the claim is filed and an appraiser has the time to estimate the vehicle to determine if it’s a total loss.
Every day that a vehicle is waiting for a repair or a total loss determination is another day that will increase the value of the claim. Total losses can instantly increase a claim’s value with daily storage costs.
Early total loss prediction is critical to reducing unnecessary claim costs. REPORT can predict if the vehicle is a total loss and, if it is, combining this with STREAMLINE allows an automated process to start to coordinate salvage, rental, and other applicable settlement processes that are specific to total losses.
More About Metromile’s Digital-First Touchless Claims Platform
Property Damage from Vehicle(s)
Offer a full end to end claims experience, including subrogation and reimbursement of deductible, for property loss types that have a high predictability of recovery.View
Scheduled and Valuable Personal Property Claims
Allow customers to be empowered in their claims process to choose the settlement option that’s right for them and expedite claims where coverage is predefined in an endorsement.View
Experience the Power of Claims Automation
The time is now. See how our top-rated automation platform transforms the claims experience for your customers, staff, and business. Request a demo today.