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auto repair

News InsuranceMarkets / CoveragesTechnology

Numbers don’t show that safety technology leads to lower repair costs

February 25, 2018 by Jason Contant

It’s a common thing to hear in Canada’s P&C insurance industry: Although auto repair costs will increase in the short term because of advanced safety technologies installed in today’s vehicles, over the long haul, the frequency of incidents should decrease

News InsuranceMarkets / CoveragesTechnology

Why it costs more to fix your insured’s car (Hint: it’s not just the gadgets)

February 20, 2018 by Jason Contant

Addressing the entire vehicle safety system after an auto collision, and not just one component like a sensor, may be contributing to longer auto repair times and higher costs for insurers, Mitchell International said Thursday. Jerry Gastineau, content manager with

News Earnings / RatingsInsuranceMarkets / Coverages

“No question” that Aviva Canada plans to hike auto rates: CEO

February 20, 2018 Greg Meckbach, Associate Editor

There is “no question” that Canada’s second-largest insurer, Aviva Canada, is contemplating country-wide rate increases in personal auto, Greg Somerville, the company’s president and CEO, told Canadian Underwriter Thursday. The cost of repairing vehicles with advanced technologies is one factor

News InsuranceMarkets / CoveragesTechnology

Safety gadgets driving up insurers’ auto repair costs

January 8, 2018 by David Gambrill

Safety gadgets mounted on today’s slick new vehicles are creating headaches for insurers when it comes to the severity of auto insurance physical damage claims. Why? Because it costs more to repair them when they are damaged in collisions. Mitchell