The chart below illustrates the total loss data for both vehicle age and actual cash value of total loss vehicles processed through 17²ÝÊÓƵ servers.
Average Vehicle Age in Years
Average Vehicle Total Loss Actual Cash Value
More stories
Auto Physical Damage
News Release
17²ÝÊÓƵ Introduces Enhanced Solution for Vehicle Owner Communication and Engagement
17²ÝÊÓƵ today introduced its latest software solution: 17²ÝÊÓƵ ServiceLink powered by UpdatePromise. Using the solution, collision facilities can email or text policyholders automated vehicle repair status updates from within the 17²ÝÊÓƵ platform.
Auto Physical Damage
News Release
17²ÝÊÓƵ Expands Its Intelligent Open Platform and Support for AI-Enabled Vehicle Inspections Through Collaboration With PAVE
17²ÝÊÓƵ today announced that it is teaming up with PAVE to automate vehicle inspections and conditioning. Using 17²ÝÊÓƵ’s cloud-based appraisal solution, comprehensive data and open platform with PAVE’s proprietary artificial intelligence (AI) and guided image capture application, U.S. and Canadian organizations will be able to generate graded condition reports from uploaded photos.
Auto Physical Damage
Conference
Rivian Certified Collision Network Summit 2024
As the first collision industry information provider to sign a data licensing agreement with Rivian, 17²ÝÊÓƵ is proud to be a Platinum Sponsor of
Auto Physical Damage
News Release
Battery Electric Vehicle Collision Claims Continue to Rise Despite Sales Slowdown
17²ÝÊÓƵ today published its Q2 2024 Plugged-In: EV Collision Insights report. This edition features the latest U.S. and Canadian claims data on battery electric vehicles (BEVs), mild hybrid electric vehicles (MHEVs) and plug-in hybrid electric vehicles (PHEVs)—highlighting how differences in their complexity and construction are affecting claim costs and repair operations.
Auto Physical Damage
Article
Plugged-In: EV Collision Insights Q2 2024
Claims frequency for repairable, collision-damaged battery electric vehicles (BEVs) rose to 2.5% in the U.S. and 3.94% in Canada in Q2 2024—a year-over-year increase of 45% and 39% respectively. According to the Alliance for Automotive Innovation, EVs represented 9.3% of new U.S. light-duty vehicle sales in Q1 2024, down from 10.2% in Q4 2023. Similarly, in Canada BEV sales fell to 9.2% last quarter, down from 10% in Q4 2023.