Loss Advisor™
Loss Advisor™—offered through CSAToday®—helps insurance carrier representatives determine if a vehicle is a candidate for total loss. Using predictive analytics and management reporting, this tool can determine if a vehicle meets your specific total loss threshold and gets vehicles to settlement faster.
How Does Loss Advisor Work?
Upon first notice of loss, claims specialists enter information about a vehicle’s damage based on the owner’s answers to a few short questions. Loss Advisor quickly determines whether a vehicle is a total loss using a weighted points system. The system accounts for the reported damage, actual cash value (ACV), and salvage value, and is easily customizable to insurance carrier-specific total-loss thresholds.
How Do Sellers Benefit from Loss Advisor?
Gives visibility into early total loss performance
Reports volume by team or individual, total loss ratio by team or individual, and detailed information about every loss evaluation
Reduces operational costs by getting vehicles to the inspection phase faster
Smooths the process from first notice of loss to settlement, improving the policyholder’s experience
Provides access through any internet-equipped device
Need More Information About Loss Advisor?
Contact the IAA Account Management team for questions about Loss Advisor.
Additional Tools to Manage Vehicles
Explore these tools and technologies for effective vehicle management.
Inspection Services®
Inspection Services provides a technology based system for remote vehicle inspections and appraisals. Carriers are provided high resolution images and reports with all the information they need, without having to deploy an appraiser to the field.
IAA Active Inventory Management™
Let IAA handle your total-loss vehicle management so you can focus on your core business. Our Active Inventory Management team manages bids/settlements, resolves vehicle release and title issues, and shortens sales cycle times.
IAA Vehicle Value™
IAA Vehicle Value is a cutting-edge tool that delivers more precise vehicle valuations, helping sellers expand overall value and vehicle sales returns. The Vehicle Value model uses machine learning and data mining methods to create accurate, unbiased vehicle values.