United Recyclers Group finds solution for insurance
industry
Aurora, CO— United Recyclers
Group, LLC (URG) announced the unveiling of their Premium Salvage™
program for the insurance industry to dispose of their total loss
vehicles. With close to 300 auto recyclers across the country,
United Recyclers Group, LLC can offer a 48 hour guarantee for
picking up vehicles for the insurance industry on a nationwide
level. Expediting pickup reduces costs to the insurer. The vehicles
are then stored for free which further reduces costs. The URG
network of auto recyclers then takes digital images of the total
loss and displays them on the URG state of the art salvage auction
acquisition website for a weekly sale reaching hundreds of bidders
across the country.
United Recyclers Group, LLC has
implemented the necessary processes to make this program very
cost-effective and convenient for the insurance carrier regardless
of their company size. With a minimal fee to the insurance company
to handle all of the work from the first call of picking up the
vehicle — to the final process of selling the vehicle and
processing the title, the URG salvage acquisition program is able
to increase the margin of return for the insurance company by
minimizing fees to both the seller and the buyer. This results
in better salvage returns to the insurer and lower costs to the
recycler.
The program is a win-win for
the insurance and auto recycling industries by reducing expenses
and margins normally associated with the salvage disposition process.
URG has devoted substantial resources
to the Premium Salvage™ program. “We have worked for
close to a year with several insurance companies developing this
exciting new program. We waited until we were certain we had all
the processes in place to handle a large volume of salvage vehicles,”
says Sharon Galan, URG General Manager. For more information on
the Premium Salvage™ program contact United Recyclers Group
at 303-367-4391 ext 3.
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