Vehicle-makers' expanding use of new systems and materials will burden property casualty-insurers with added costs for repairs, while reducing accident frequency, a new report predicts.
The information was contained in the Industry Trends report produced by San Diego-based Mitchell International, a solution provider for the collision claims and repair industries.
In addition to the coming trends for auto collision and repair, the report said that according to the company's data in the first quarter, the average appraisal value from repairable vehicle appraisals was $51 less than the comparable period last year at $2,474.
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