Study Finds Collision Avoidance Technology Can Reduce Accidents by 44 Percent - BodyShop Business

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Study Finds Collision Avoidance Technology Can Reduce Accidents by 44 Percent

Data mined from 9,891 vehicles that had forward collision warning systems and lane departure warning systems installed.

BodyShop Business Staff Writers
By BodyShop Business Staff Writers
Published:

The Insurance Networking News reported that a study commissioned by Israel’s ministry of finance and conducted by Ron Actuarial Intelligence shows that collision avoidance systems can reduce insurance claim frequency by 44 percent for privately owned vehicles.

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The data was provided by Israel’s ministry of finance and the Statistical Database of the Vehicle Sector, which includes insurance claims data since 1985 from all insurance companies in Israel. The database included 9,891 vehicles that had forward collision warning systems and lane departure warning systems installed.

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Read the entire study

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News

Total Loss Consulting Launches Nationwide

TLC’s goal is to help consumers receive the correct value for their totaled vehicle.

Jason Stahl
By Jason Stahl
Jason Stahl has 30 years of experience as an editor, and has been editor of BodyShop Business for the past 18 years. He currently is a gold pin member of the Collision Industry Conference. Jason, who hails from Cleveland, Ohio, earned a bachelor of arts degree in English from John Carroll University and started his career in journalism at a weekly newspaper, doing everything from delivering newspapers to selling advertising space to writing articles.
Published:

Total Loss Consulting (TLC) has now launched nationwide, helping consumers receive the correct value for their totaled vehicle. Body shops throughout the country now have a resource in Total Loss Consulting to which they can refer their customers.

TLC helps consumers receive the actual cash value (ACV) for their totaled vehicle. TLC will conduct a free comprehensive market evaluation to determine if a settlement offer is of fair market value. If the offer is not the correct value, TLC will ensure the consumer receives the correct compensation for their totaled vehicle.

Read Full Article

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