Why Use This Integration?
Integrating CARFAX History-Based Value into your claims system allows claims adjusters to access vehicle valuation cost quickly and accurately. This integration enhances the efficiency of auto claims processing by providing a custom-built vehicle value tailored to each specific car.
Product/Services Integrated:
CARFAX History-Based Value
Implementing the Integration
Prerequisites:
Before setting up the CARFAX integration, ensure you have:
- Access to your system's Settings with permissions to manage integrations.
- Valid credentials for accessing CARFAX services.
Integration Setup:
To enable the CARFAX History-Based Value integration, follow these steps:
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Navigate to Settings > Integrations Vendor:
- Access your system’s settings menu and locate the "Integration vendor" section.
- Find and select the option to install "CARFAX History-Based Value".
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Enter Credentials:
- Input the required credentials provided by CARFAX to authenticate your integration.
- Select desired Valuation method (Use "Retail", "Wholesale", or "Private Party" value, or the average of 3).
- Select policy types
Using the Integration:
Once the CARFAX integration is enabled, follow these steps to utilize the integration in your claims processing:
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Accessing Auto Claims:
- Navigate to the Claims section of your system.
- Select an auto claim where the Policy Type under the Information tab indicates "Personal Auto".
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Managing Vehicles:
- Within the claim, proceed to the Vehicle tab.
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Add or edit a vehicle
- VIN of the vehicle
NOTE: The valuation will be calculated for the claim’s loss date.
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Vehicle Estimated Value:
- During the vehicle management process within a claim, you will notice a section labeled "Vehicle Estimated Value".
- This section dynamically pulls and displays valuation information from CARFAX.
- Select the button to pull the valuation.