J.D. Power: Auto Insurance Claims Satisfaction Drops

Thursday, April 19th, 2012 Auto Catastrophe Liability Property Workers' Compensation

Customer satisfaction with the auto claims experience declined for the first time in three calendar quarters, according to the Westlake Village, Calif.-based J.D. Power and Associates 2012 U.S. Auto Claims Satisfaction Study —Wave 2 issued on Wednesday. Overall customer satisfaction has dropped 13 points to 842, the lowest level in three quarters. The largest driver of low scores is a 19-point decline in first notice of loss, when the customer first notifies the insurance provider of damage to their vehicle. Other factors with significant declines are service interaction (-16 points); appraisal (-16 points); and the repair process (-15 points).


External References & Further Reading
http://www.insurancejournal.com/news/west/2012/04/18/243995.htm
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