Under the agreement, Black Book’s HAV insight and resources is now integrated into DIMONT’s proprietary systems for claims adjusters to help in their work pursuing insurance claims on repossessed vehicles. History-Adjusted Valuations are a VIN-specific, analytics-driven resource that delivers Black Book’s most precise vehicle valuations, helping automotive professionals determine the impact a vehicle’s history has on its value. DIMONT is leveraging HAV as a precise independent data source for its claims adjusters. DIMONT’s team of adjusters will benefit from the increased precision of vehicle values, enhancing their negotiations and leading to better outcomes on vehicles in their portfolio of claims. Even with the use of vehicle history reports, automotive professionals are still reliant on making an unscientific, educated guess as to the impact a vehicle’s history has on its value, which often leads to mistakes in the valuation process. HAV helps automotive professionals remove the guesswork involved by providing access to a more precise value on each individual vehicle. “We’re excited to work with Black Book, a company with a rich legacy in accurate valuations for the automotive industry,” said Denis Brosnan, CEO of DIMONT. “For our adjusters, having accurate vehicle valuations is critical to reaching good claim resolutions, which is what we’re all about – proving outstanding service for our customers.” “It’s no longer enough to have vehicle values that are reported just based on make, model and trim level,” said Jared Kalfus, Executive Vice President, Revenue at Black Book. “Access to each vehicle’s unique valuation that takes into account its exact historical performance is a critical competitive advantage in the claims adjustment process, and can help minimize risk exposure when evaluating vehicles in accidents.”
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