Carfax Introduces Total Loss Valuation Service
June 21, 2019—Carfax announced today that a new insurance total loss valuation service is now available through its claims-centric web portal, CarfaxForClaims.com.
The new product helps total loss adjusters determine a vehicle's unique pre-accident value using Carfax's VIN-specific history-based value. The Carfax Total Loss Valuation report also includes information on comparable vehicles available for sale in the used car marketplace.
These comparable vehicles are selected from the millions of used cars available on Carfax Used Car Listings. Each comparable vehicle is based on similar year, make, model, trim, options, location, mileage and vehicle history, and is presented in a side-by-side comparison.