Mitchell: Total-Loss Differences Between Original, Final Valuations Could Narrow with More Build Data

摘要

Though total-loss appraisals don't change much between a first and second appraisal - just a couple hundred dollars - better build data up front might help carriers narrow that spread, a Mitchell analyst said. Mitchell APD analytics senior manager Nate Raskin in the fourth-quarter Industry Trends Report examined disparities between what he described as two valuations of a totaled car: one done by an "original submitter," one done by a "different submitter."