Bray’s Report

In 2009 thus far, field appraisers have inspected 61% of all loss vehicles at an owner’s home. These inspections generated at 14.4% supplement ratio.  18.72% of all inspections took place at a repair facility which generated a 32.24% supplement ratio.  Vehicles inspected at an owner’s work had the lowest supplement percentage likely due to the fact the damage was minor and the vehicle drivable. 

Data source:  © 2009, AutoClaims Direct, DirectLink

The House of Representatives in North Dakota moved a measure over to the Senate to push minimum limits to $50,000 for coverage of a person injured in an auto accident. Click here to view the current bill HB 1068.

The DOI of North Carolina announced the arrest of a seventh person in an auto accident fraud ring. Click here for the details.

January 2009 is almost over and the current national auto body labor rate averages are coming in.  This data is representative of a national average and certain regions and cities can vary greatly.  The average paint/materials rate is $ 27.10.

Data source:  © 2009, AutoClaims Direct, DirectLink

Just when you thought you could save money by downsizing to a smaller car, the catch is that you will likely be paying higher auto insurance rates. Injuries in smaller cars are usually more severe and provide less protection, thus higher premiums. Click here for the story.

A Castroville, Texas auto body shop was raided by authorities Tuesday. Cocaine was found at the shop. Click here for the story.

A local repair shop in Boise is warning vehicle owners in the area to be wary of dent repair schemes. Click here for the article.

In a welcome move for Adjusters, Brokers and Insurance Agents, the California Insurance Commissioner announced fee reductions. Yes, you read it right, fee reductions. Click here for the release.

Even in a tough economy some companies are still growing. Geico announced plans to hire over 870 new associates. Click here for more.

Pittsburgh Glass Works is closing it’s Michigan plant due to the lower demand for auto glass. Click here for the story.