As average appraisal and actual cash values continue to rise, total losses continue to see an uptick, as well. In its Q2 2015 Industry Trends Report, Mitchell utilized data from its WorkCenter Total Loss to compare average vehicle age across vehicle types. Mitchell estimates that total loss values will continue to rise until the current older vehicle fleet ages out.
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A theme at the conference was for Abra, CARSTAR, and Fix Auto USA stakeholders to use technology to improve the customer experience and reduce the strain on estimators.
