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A car insurance claim estimate before the tow truck

Source: Mark Giardiner, N.Y.Times (Paid Registration)

The time it takes to settle auto insurance claims is being shortened, and the accuracy of initial estimates is improving, because U.S. insurers now use artificial intelligence to generate repair estimates.

Now, customers can download phone apps through their insurers to guide them through the process of taking and uploading photos that can be evaluated by A.I., producing a near-instantaneous damage estimate. The best algorithms already provide estimates in a few seconds that are as accurate as those produced by experienced human estimators.

Read Full Article: A car insurance claim estimate before the tow truck

 

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