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| The Truth about Auto Repair | Auto Insurance Claims | Diminished Value | |||
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Seven Levels of Repair and Diminished Value
Before creation of the Seven Levels of Repair and Diminished Value, insurance companies and auto body repair shops would claim a vehicle was "repaired." But, without defining what "repair" meant in relation to automobile damage reconstruction, quality was subjective and all over the board. Post repair inspections on hundreds of supposedly "repaired" cars and trucks still exhibiting evidence of accident damage, convinced Network Information Communications’ founder Jim Lynas that the word "repair" was far too ambiguous to describe the complicated processes necessary to fully restore a car after an auto accident. NIC developed the Seven Levels of Repair and Diminished Value in 2001 with the hope it would provide the standard by which insurance indemnification could finally be measured.
Aug 10, 2007 - 12:32:17 PM Insurers Can Benefit By Embracing Post Repair Inspection
According to a newsletter written and published by insurance consultant Brian Sullivan,
Importance of Collision Repair Quality / Auto Insurance Report, Sept 18, 2000 issue consumer's satisfaction with insurers falls sharply as auto damage claims increase in complexity. Thus, consumers may likely be very happy with their experience when they have had a simple ...
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Dec 15, 2004 - 9:29:00 PM
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DISCLAIMER The content expressed on this website represents the opinions of David A. Williams. Williams is neither an attorney nor public insurance adjuster, but is an expert, consultant, and writer specializing in the field of automotive safety, collision repair and valuations. The information provided herein is not intended to be a substitute for legal or insurance advice. Because collision repair is a continually evolving science, any text, materials or links found herein are provided without claim or guarantee to their accuracy or completeness. Advertisements seen on Safe Collision Repairs website must not to be considered endorsements of products or services as we maintain no relations with these companies. Vendors and service providers receiving our endorsement will be clearly identified by us on this website. |