CARFAX Enhances Total Loss Valuation Report with Automated Calculation of Taxes and Fees
CARFAX announced the enhancement of its Total Loss Valuation Report to include automated calculation of taxes and fees, effective April 3, 2025. This upgrade, enabled through a partnership with Claim Toolkit, aims to help claims professionals more efficiently and accurately incorporate taxes and fees into final settlement amounts. Since its 2020 launch, the Total Loss Valuation Report has been widely adopted by insurance companies across the U.S., offering more accurate valuations for total loss claims and reducing cycle time.
The report uses CARFAX's VIN-specific History-Based Value, which derives pre-accident values from millions of used car listings, considering each vehicle's unique trim, options, mileage, condition, and location. Currently, the report is available in 48 states and the District of Columbia.
CARFAX ha annunciato il miglioramento del suo Rapporto di Valutazione per Perdita Totale per includere il calcolo automatico di tasse e spese, a partire dal 3 aprile 2025. Questo aggiornamento, reso possibile grazie a una partnership con Claim Toolkit, mira ad aiutare i professionisti dei sinistri a incorporare in modo più efficiente e preciso tasse e spese negli importi finali dei risarcimenti. Dalla sua introduzione nel 2020, il Rapporto di Valutazione per Perdita Totale è stato ampiamente adottato dalle compagnie assicurative negli Stati Uniti, offrendo valutazioni più accurate per i sinistri di perdita totale e riducendo i tempi di elaborazione.
Il rapporto utilizza il Valore Basato sulla Storia Specifico per VIN di CARFAX, che deriva i valori pre-incidente da milioni di annunci di auto usate, considerando le caratteristiche uniche di ciascun veicolo, come allestimenti, opzioni, chilometraggio, condizioni e posizione. Attualmente, il rapporto è disponibile in 48 stati e nel Distretto di Columbia.
CARFAX anunció la mejora de su Informe de Valoración de Pérdida Total para incluir el cálculo automatizado de impuestos y tarifas, a partir del 3 de abril de 2025. Esta actualización, habilitada a través de una asociación con Claim Toolkit, tiene como objetivo ayudar a los profesionales de reclamaciones a incorporar de manera más eficiente y precisa los impuestos y tarifas en los montos finales de los acuerdos. Desde su lanzamiento en 2020, el Informe de Valoración de Pérdida Total ha sido ampliamente adoptado por compañías de seguros en los EE. UU., ofreciendo valoraciones más precisas para reclamaciones de pérdida total y reduciendo el tiempo de ciclo.
El informe utiliza el Valor Basado en la Historia Específico por VIN de CARFAX, que deriva los valores previos al accidente de millones de anuncios de autos usados, considerando las características únicas de cada vehículo, como el equipamiento, las opciones, el kilometraje, la condición y la ubicación. Actualmente, el informe está disponible en 48 estados y el Distrito de Columbia.
CARFAX는 총 손실 평가 보고서의 개선을 발표하고 세금 및 수수료의 자동 계산을 포함한다고 발표했습니다. 이는 2025년 4월 3일부터 시행됩니다. 이 업그레이드는 Claim Toolkit과의 파트너십을 통해 가능해졌으며, 클레임 전문가들이 최종 합의 금액에 세금과 수수료를 보다 효율적이고 정확하게 통합할 수 있도록 돕는 것을 목표로 하고 있습니다. 2020년 출시 이후, 총 손실 평가 보고서는 미국 전역의 보험 회사들에 의해 널리 채택되어 총 손실 클레임에 대한 보다 정확한 평가를 제공하고 사이클 시간을 단축시켜왔습니다.
이 보고서는 CARFAX의 VIN 특정 이력 기반 가치를 사용하여 사고 전 가치를 수백만 개의 중고차 목록에서 파생하며, 각 차량의 고유한 트림, 옵션, 주행 거리, 상태 및 위치를 고려합니다. 현재 이 보고서는 48개 주와 컬럼비아 특별구에서 이용 가능합니다.
CARFAX a annoncé l'amélioration de son Rapport d'Évaluation de Perte Totale pour inclure le calcul automatique des taxes et frais, à compter du 3 avril 2025. Cette mise à jour, rendue possible grâce à un partenariat avec Claim Toolkit, vise à aider les professionnels des sinistres à intégrer de manière plus efficace et précise les taxes et frais dans les montants finaux des règlements. Depuis son lancement en 2020, le Rapport d'Évaluation de Perte Totale a été largement adopté par les compagnies d'assurance aux États-Unis, offrant des évaluations plus précises pour les sinistres de perte totale et réduisant le temps de traitement.
Le rapport utilise la Valeur Basée sur l'Histoire Spécifique au VIN de CARFAX, qui dérive les valeurs avant accident de millions d'annonces de voitures d'occasion, en tenant compte des caractéristiques uniques de chaque véhicule, telles que les finitions, les options, le kilométrage, l'état et la localisation. Actuellement, le rapport est disponible dans 48 États et le District de Columbia.
CARFAX hat die Verbesserung seines Berichts zur Bewertung von Totalschäden angekündigt, um die automatisierte Berechnung von Steuern und Gebühren ab dem 3. April 2025 einzuschließen. Dieses Upgrade, das durch eine Partnerschaft mit Claim Toolkit ermöglicht wird, zielt darauf ab, Schadenssachbearbeitern zu helfen, Steuern und Gebühren effizienter und genauer in die endgültigen Vergleichsbeträge einzubeziehen. Seit seiner Einführung im Jahr 2020 wurde der Bericht zur Bewertung von Totalschäden von Versicherungsunternehmen in den USA weitgehend angenommen und bietet genauere Bewertungen für Totalschadenansprüche und verkürzt die Bearbeitungszeit.
Der Bericht verwendet den geschichtsbasierten Wert spezifisch für VIN von CARFAX, der die Werte vor dem Unfall aus Millionen von Angeboten für Gebrauchtwagen ableitet und dabei die einzigartigen Merkmale jedes Fahrzeugs, wie Ausstattung, Optionen, Kilometerstand, Zustand und Standort, berücksichtigt. Der Bericht ist derzeit in 48 Bundesstaaten und im District of Columbia verfügbar.
- None.
- None.
Since its launch in 2020, CARFAX's Total Loss Valuation Report has been extensively adopted by insurance companies across
"Claims professionals shared that automatically incorporating taxes and fees information into the CARFAX Total Loss Valuation Report would make the report more comprehensive and user-friendly," said Tom Scheffer, Director of Insurance Claims at CARFAX. "We're happy to provide this enhancement, helping our customers further streamline their total loss valuation process."
The CARFAX Total Loss Valuation Report is a valuable resource for total loss adjusters, enabling them to determine a vehicle's unique pre-accident value using CARFAX's VIN-specific History-Based Value. This value is derived from millions of used car listings and takes into account each vehicle's unique trim and options, mileage, condition, location, and hundreds of other attributes from CARFAX's vast vehicle history database. The CARFAX Total Loss Valuation Report is currently available for use in 48 states and the
For more information about the CARFAX Total Loss Valuation Report, visit CarfaxForInsurers.com.
About CARFAX
CARFAX, part of S&P Global Mobility, helps millions of people every day confidently shop, buy, service and sell used cars with innovative solutions powered by CARFAX® vehicle history information. The expert in vehicle history since 1984, CARFAX provides CARFAX Car Listings, CARFAX Car Care, CARFAX History-Based Value and the flagship CARFAX Vehicle History Report to consumers and the automotive industry. CARFAX owns the world's largest vehicle history database and is nationally recognized as a top workplace by The Washington Post. Shop, Buy, Service, Sell – Show me the CARFAX®.
S&P Global Mobility is a division of S&P Global (NYSE: SPGI). S&P Global is the world's foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets.
About Claim Toolkit
Claim Toolkit is an industry-leading provider of claims management tools designed to streamline and improve the claims process for insurance companies. Their suite of innovative software products (Compliance, Auto Liability, Total Loss, and Audit) is designed to increase accuracy and efficiency, helping insurers deliver better service to their customers.
View original content to download multimedia:https://www.prnewswire.com/news-releases/carfax-enhances-total-loss-valuation-report-with-automated-calculation-of-taxes-and-fees-302415233.html
SOURCE CARFAX
FAQ
What is the new enhancement in CARFAX's Total Loss Valuation Report?
When was the enhancement to the CARFAX Total Loss Valuation Report announced?
What does the CARFAX Total Loss Valuation Report use to determine a vehicle's pre-accident value?
How does the new enhancement benefit claims professionals using the CARFAX Total Loss Valuation Report?
In how many states is the CARFAX Total Loss Valuation Report available?
