TOTAL LOSSES SETTLED FAST
Improve Financial Results and Customer Service
By Outsourcing Your Total Losses
Just two days of unnecessary storage and car rental will often exceed our price for Total Loss Express.
Our team is faster and more efficient than a staff adjuster handling a complex pending with only a few totals to deal with per month. We are faster than an overloaded total loss unit and can save indemnity costs well in excess of our fee if we are used as an outlet for the overload.
Total Loss Express measures and reports its cycle time results, using benchmarks based on industry standards. Listed below are some of these benchmarks, plus recent results from an actual total loss program with more than 250 assignments per month.
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Benchmark
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Actual Program Results
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Average Time from Assignment Received Until Contact Made: |
2 hours
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55 minutes average |
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Average Days from Assignment Until Offer Made: |
2 days
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.52 day average |
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Average Days from Offer Extended Until Offer Accepted: |
2 days
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2.28 day average |
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Average Days from Assignment Until Salvage Moved: 2 days |
2 days
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.98 day average |
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Average Days from Title Requested until Title Received: 19 days |
19 days
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13.08 day average |
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Average Days from Assignment Until File Closed: |
23 days
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16.59 day average |
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Total Loss Express Service Team
Total Loss Express is our total loss unit, manned by experienced negotiators dedicated to expedited cycle times and great customer service. This unit handles only total losses, using a specifically designed and consistently maintained process based on speed of result. We customize this process to fit your needs and your procedures. Total Loss Express can provide you the benefits of a dedicated in-house total loss unit without the cost of putting such a unit in place, or it can serve as an outlet for excess total losses beyond such a unit's capacity.
Services Provided
Total Loss Express offers all or any combination of the following services:
