Role of Accurate Vehicle Data in Auto Insurance Claims

In recent years, the process of handling auto insurance claims has seen a significant improvement. Consumers can now complete the claim process online by following a few simple steps and also get access to detailed vehicle information through trusted platforms such as ClearVIN.com. Many insurance providers in the U.S. are realizing the need to further streamline their internal claims processes to survive and thrive in an increasingly competitive environment. Continuing on the subject, in this post, we take a look at some of the ways a vehicle data provider can help improve an internal auto insurance claims process. Read on.

Proper Assessment of Damaged Vehicles

When a claimant submits a claim about one of the insured vehicles, auto insurance companies need to have all the necessary information handy for proper claim processing and compensation. In the initial stages of every auto insurance claim process, insurance companies need to accurately assess the damaged vehicle. In such cases, they can leverage the services of an online vehicle information provider such as ClearVIN.com to get complete and accurate vehicle information.

Accuracy in Damage Estimates

Referencing pricing data related to vehicle parts via vehicle identification number (VIN) is an easy way to expedite the claim reviewing process, and achieve greater accuracy. This remains true whether a vehicle insurer uses internal claims adjusters to investigate the extent of vehicle damage, or allows the vehicle owner to obtain a quote from a repair shop of their choice. Insurance companies can minimize the amount of money lost from accidents where their insured drivers are at fault by identifying inflated repair quotes.

Setting Thresholds for Determining Total Loss

With advancements in automobile technology, the criteria for determining a write-off on a damaged vehicle has become more complicated. Some vehicle components such as bumper that was once inexpensive to fix are now among the costliest auto repairs. Precise identification of vehicles, in-depth understanding of their standard features, and knowledge of variances on the optional equipment, therefore, are essential to develop acceptable ratings and make fair decisions on total loss.

Vehicle Valuation by VIN

At the time of vehicle valuation, insurance companies often rely on vehicle data providers to determine the worth of vehicles for a cash settlement. Linking the vehicle information provided by the vehicle owner with the vehicle valuation information, however, can be time-consuming and also has room for errors. Vehicle data and VIN decoding service providers address these concerns. By obtaining vehicle information from trusted sources, VIN decoding websites eliminate any chances of discrepancy in the value of a totaled vehicle, and help ensure the insurance company doesn’t underpay or overpay the claimant.

Wrap Up

When an auto insurance company utilizes a detailed vehicle data and history solution, they are using the proper channel to identify the vehicles claimed as accurately as possible. This reflects on the nature of damage estimates or valuations done on such vehicles. The right data won’t just improve a claims process but refine the quote and underwriting processes as well. Streamline your day-to-day operations by identifying vehicle specifications with the help of a VIN check. All you need to do is obtain a VIN history report from a reliable vehicle history provider such as ClearVin.com. We help take the mystery out of a vehicle’s condition by providing detailed information about its past through its VIN history report. If you have any questions, simply call +1-844-268-5991, or send a message and we’ll take it from there.

Importance of Motorcycle VIN Decoding to Insurance Companies

Motorcycles symbolize freedom and joy for riders, but just like any other vehicle, riding a motorcycle entails certain risks that necessitate adequate insurance coverage. Most motorcyclists these days go online for the best quotes on motorcycle insurance, and as a result, the competition among insurance companies has gotten fiercer than ever. To stay on top of the situation, insurance companies use motorcycle VIN decoding to provide quotes and expedite the process of underwriting, which in turn gives then an edge over others. Continue reading to find out how decoding motorcycle VINs or obtaining motorcycle history by VIN is inseparable from the insurance industry.

The Mechanism of a Motorcycle VIN Decoder

When someone visits an insurance company’s website looking for a quote, they are usually asked to share the VIN of their motorcycle. Once they obtain the VIN, they use a VIN decoding platform such as ClearVIN.com. The VIN decoder provides the year, make, model, and trim of the vehicle. The insurance company may share the decoded VIN information with the customer for verification along with any questions the company may have to complete the quote. Following that, the insurance firm will provide an insurance quote that is tied directly to the motorcycle’s VIN.

Importance of Accuracy in Quotes

Every established insurance company in the U.S. knows that there are always some risks with any insurance quotes, including those for motorcycles. Attaining accuracy in quotes can be difficult at times since there are many factors involved. For instance, if a insurer is quoting a 2012 Harley Davidson based on whatever details the website visitor provides, and not with the help of a VIN decoder, there are risks. On the other hand, a VIN decoder reduces the risk of inaccuracy in valuation. This is because the data one obtains, for example, from a Yamaha or Kawasaki motorcycle VIN check is not subjective.

Looking for an Online VIN Decoder?

Every insurance company should integrate a VIN decoding service into their insurance quoting processes. Such a vehicle database is designed to meet the business needs of almost all insurance companies. For years, ClearVin.com has been providing accurate vehicle history reports to different customers, including insurance companies looking to save time and money. If you have any question about VIN decoding, or want to know more, simply call +1 (844) 268 5991. Or send an email at info@clearvin.com.

6 Motorcycle Maintenance Tips You Cannot Afford to Ignore

The value and performance of a bike is vastly dependent on the condition of its engine. That is why it is important to Vin Check any motorcycle you consider buying to know its maintenance and accident history. It is also important to run motorcycle maintenance as and when it falls due as well as keep proper records. A well maintained motorcycle gives you optimum performance, long life, fuel economy, little to no breakdowns, and safety on the road. It is also fairly easy to sell a motorcycle that has been properly maintained and has all the records intact. To help, here are some handy motorcycle engine maintenance tips that you must adopt.

1. Go Through the Manual

Before you can set out to go DIY on your motorcycle engine maintenance, you first need to go through go through its manual and familiarize with manufacturer’s recommendations for maintenance. It may also help to join online biker communities to get all the tips and advice on how best to take care of your motorcycle’s engine.

2. Check and Replace Engine Oil Periodically

Engine oil acts as a lubricant, seal for pistons, and helps to lower engine noise and temperatures. Make sure to change the oil regularly at intervals of 6 months or every 3.000 miles. Use the right oil for your motorcycle as this is just as important as the frequency of change.

3. Check the Level of other Fluids

Make sure to change all your motorcycle fluids as recommended by the manufacturer’s. This is especially important if your bike is under warranty. Always use the right type of oil to avoid damaging your bike and voiding the warranty. When buying a used or salvage bike, be sure to get the engine inspected by an experienced mechanic and combine your findings with a Vin Check to decide on the best price and whether or not the bike is worth buying.

4. Inspect Motorcycle Chain

Conduct an inspection of your motorcycle chain after every 500-700 miles or twice each month if you ride it often. Take the time to clean it and effect any necessary adjustments to suit your style of riding. Inspecting, cleaning, and adjusting your chain allows you to ensure that it is capable of effectively transferring power from the engine to the wheels without posind any risk.

5. Check and Replace Air Filter

A clogged air filter suffocates your bike resulting in loss of power and compromised performance. It is important to routinely remove the filter and physically check for dirt. Make sure to replace it as and when required as failure to do so may result in other maintenance issues.

6. Be Careful when Changing Spark Plugs

Care should be taken when checking or replacing your spark plugs to make sure that dirt doesn’t fall into the engine. A good idea is to blow out any dirt in the holes housing the spark plugs before removing them.

Happy Riding!

Motorcycles provide an exhilarating experience when you take to the road. You must take good care of the engine to make sure that it continues to give you the performance that gets your adrenaline pumping. If you are on the market for your next bike, ClearVin gives you a Vin Check facility to help you find the best option. Check your Motorcycle History by Vin, whatever the make or model. You can also use our FREE Vin Decoder to gain a better understanding of the information contained in the report. You can also get more information on Vin Checks for motorcycles by calling us at +1 (844) 268 5991 or mail to info@clearvin.com.

A Beginner’s Guide to Motorcycle VIN Check

Whether you are interested in buying a used Harley cruiser or a Yamaha dirt bike, it’s always a good idea to do a motorcycle VIN lookup before putting your money down. Conducting a VIN check online will help you get the motorcycle Vehicle History Report (VHR), which in turn will help you find out whether the details provided by the seller coincides with the motorcycle’s title history. Continuing the discussion, the post covers all you need to know about VIN. Read on.

What is VIN?

VIN is 17-characters long code that works as an ID for motorcycles. It offers information regarding motorcycle’s manufacturer, model year, and where it was built. Motorcycle VIN check is also a good idea to find details of any major events the car may have endured, such as number of owners, how frequently the car had been sold in the past, accidents, theft and other such incidences. Moreover, when buying parts for your specific motorcycle, VIN will help you understand what exactly you need to buy.

Decoding VIN

A VIN is usually divided into three main sections, such as:

First Section – it comprises first three characters that make up the WMI (World Manufacturer Identifier, which explains the origin of the motorcycle and the manufacturer).
Second Section – comprises the next six characters that cover vehicle’s attributes from the manufacturer, such as motorcycle brand, engine size and type and a security code.
Third Sections – comprising the 10th, 11th, and last six serial numbers, the third section explains the model year of the motorcycle, which plant assembled it, and its serial number.

Where to Find it?

The location for VIN number is same for motorcycles and dirt bikes, which is usually etched on the steering neck, however, in some bikes it’s located on the motor near the bottom of the cylinders. If you are planning to buy an ATV, the location for VIN may vary from one manufacturer to another. Some other key areas where you can find the motorcycle VIN include the frame under the tail section, inside the left wheel near the radiator, and on the frame behind the wheel.

Buying a Used Motorcycle Online

When buying a used motorcycle online, you will many sellers providing the VIN number in the product description. If not, you can either request the seller or visit the place in person to find vehicle’s VIN number. Once you have the number, find the motorcycle History through VIN check on ClearVin. A trusted platform to check your specific vehicle’s history no matter a car, truck or a motorcycle. If you have any doubts or questions regarding our services, feel free to call +1 (844) 268 – 5991.

7 Motorcycle Theft Statistics You May Want to Know

Every year millions of used motorcycles are sold in the US. Some of these motorcycles despite being stolen, still get sold because some negligent buyers out there, fail to run a motorcycle VIN check. While the good news is that the number of motorcycle thefts has gone down considerably (by around 30 percent as compared to what it was 10 years ago, as reported by the National Insurance Crime Bureau) – the fact is that still a whopping 46,467 motorcycles were reported stolen in 2016. Here are some other interesting statistics about motorcycle thefts in the US.

2016 Motorcycle Theft Statistics

1. American Honda Motor Company’s bikes are reportedly the ‘most stolen’ bikes in the US. In 2016 alone, the number of Honda bikes reported stolen was 9052. Honda was closely followed by Yamaha in the second position and Suzuki in the third position. The fourth, fifth, sixth, seventh and eighth position are taken by Kawasaki, Harley-Davidson, TaoTao, KTM and Ducati.

2. BMW bikes are one of the least stolen bikes. BMW bikes rank 11th in the list of most stolen bikes in 2016.

3. California topped the list of US states that reported the highest number of motorcycle thefts. There were 7506 motorcycle theft cases reported in California in 2016. California is closely followed by US states – Florida, Texas, North Carolina, Georgia, Missouri, South Carolina, New York, Indiana, and Nevada.

4. While California topped the list with 7506 incidents of bike thefts, the US state Vermont reported only 24 motorcycle theft incidents in 2016.

5. The state of Texas witnessed the largest increase in motorcycle theft cases in 2016, as compared to that in 2015.

6. An interesting fact is that according to statistics, motorcycle theft is a seasonal crime. Most motorcycle thefts are reported in June, July, August and September, with August topping the list.

7. The good news is that 40 percent of the motorcycles stolen in 2016 were recovered by the end of February 2017. The exact number of motorcycles stolen in 2016 was 464647, out of which 17463 motorcycles were reported ‘recovered’ by the end of February 2017.

Planning to Buy a Used Motorcycle?

If you are planning to buy a used motorcycle, you must get a motorcycle VIN check done to find out the motorcycle’s history. VIN (Vehicle Identification Number) is a unique code given to every vehicle that helps find out important information about a vehicle such as its manufacturer, model, year of manufacturing, past ownership, service track record, and more. At ClearVIN, we retrieve information from multiple sources, including National Automobile Dealers Association, National Traffic Safety Administration, and National Vehicle Service to help you get unbiased, comprehensive, and accurate information to help you make your buying decision.