Incorporate enhanced vehicle-related information into your rating and underwriting workflows.
Insurers have focused heavily on events in a consumer’s past, but have paid less attention to the experiences of the vehicle itself. In the same way credit history is predictive of future behavior, the vehicle’s history can be predictive of future loss. LexisNexis Vehicle History provides additional vehicle-related information that can be incorporated into rating and underwriting workflows for increased accuracy.
• Vehicle Modeled Annual Mileage
• Vehicle Blended Annual Mileage*
• Vehicle Current Owner Annual Mileage
• Most Recent Purchase Date
• Number of Owners
• Branded Title with Reasons
• Total Loss/Salvage
• Severe Accident
• Major Damage Incident
• Minor Damage Incident
• Taxi Use
• Rental Use
*Blended mileage uses a combination of modeled mileage and known mileage readings.