The chart below illustrates the total loss data for both vehicle age and actual cash value of total loss vehicles processed through Mitchell servers.
Average Vehicle Age in Years
Average Vehicle Total Loss Actual Cash Value
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Enlyte
News Release
Mitchell’s Q1 Industry Trends Report Examines the Ongoing Effects of COVID-19 and Implications for Property & Casualty Claims and Collision Repair
One full year after the first stay-at-home orders were issued, Mitchell experts share views, changes and trends from 2020 to better understand what may be around the corner.
Auto Physical Damage
Article
A Look Back at 2020 Trends in Auto Insurance
By taking a look at last year’s key trends, carriers and collision repairers can successfully navigate an uncertain future and adapt to what will likely be a new post-pandemic normal.
Auto Physical Damage
Article
Average Length of Rental for Repairable Vehicles: Q4 2020
As 2020 drew to a close, Enterprise Rent-A-Car analyzed results by state and vehicle condition to determine any significant increases or decreases in Length of Rental (LOR).
Auto Physical Damage
Article
Current Used Vehicle Market Conditions: Q4 2020
Average wholesale used vehicle prices fell from their August peak for the fourth month in a row in December, yet finished out the year almost 10% higher than year-ago levels.
Auto Physical Damage
Article
The Evolution of Claims Automation
By 2025, the global data and analytics company predicts that more than 80% of claims processed will be virtual, and up to half of non-injury claims fully automated. So what does this mean for the auto insurance sector?
Auto Physical Damage
News Release
Mitchell Introduces New Alternative for AI-Enabled Claims Processing Through Collaboration with Claim Genius
Company's ongoing expansion of the Mitchell Intelligent Open Platform (MIOP) delivers more AI flexibility to generate damage appraisals.