
Increasing complexity, emerging technologies, and new safety features are making it harder for many auto insurers to capture all of the relevant vehicle attributes they need to underwrite and price coverage accurately.
The vehicle identification number (VIN) can provide a gateway to important information, but it takes an innovative solution to unlock it.
Verisk has introduced TrueVIN, a new way for insurers to gain greater insight into detailed physical attributes of the vehicles they cover.
TrueVIN, the advanced VIN decoder that uses the complete 17-digit VIN, provides insurers with precise details about how cars and trucks are equipped from the factory.
A more in-depth picture of the vehicle is now available, highlighting critical information about physical characteristics that often are not encoded in the VIN itself.