Insights
Robert Guerrero
President & Co-Founder
It's Simple, Fast, And Easy To Do
Percentage of ClaimBuyout Offers accepted: 70%
ClaimBuyout Offer to contract:
2 business Days
Average vehicle model:
2016
Average Age of Repair Received:
45 days
Average repair estimate:
$13,400
Damaged vehicles purchased to date:
$50 Million
Fact: Average cost to repair ranges from 30% - 70%
Article
Innovation is the Foundation for Success
Innovation is the foundation for success, no matter the industry or situation. When it comes to innovation, the key lies in a mix of disruption and...
Article
What's Driving Why People Choose ClaimBuyout
Recently (Aug. '22), Enterprise Rent-a-Car released its report highlighting a 4.9-day increase in Length of Rental (LOR) totaling 18.2 days, and Non-...
Article
Through the Lens of a Disruptor
ClaimBuyout Celebrates its Second Year of Disrupting the Auto Claims Industry 2022 has been a year like no other. At ClaimBuyout, we mana...
Case Study
Built to last. Designed with AI.
Seeing a concept I thought about in 2015 become a reality in 2021 was a huge milestone with the launch of our patent-pending technology that delivers...
Article
Year one. Moonshot idea realized.
Moonshot idea realized. I am beyond proud of our ClaimBuyout team. As an InsurTech company, year one was impressive. We purchased over $15 million in...
Blog
Reflecting on an Incredible 2023!
Dec. 20, 2023: It's been a journey marked by innovation, collaboration, and setting new industry standards. I am immensely proud of our team's achievements and grateful for the industry recognition in claims innovation—back-to-back, no less! This acknowledgment fuels our passion to keep pushing the boundaries in the auto claims landscape.
Press Release
2023 Innovation Honoree in P&C Industry
Oct. 3, 2023: Today, I'm delighted to share that ClaimBuyout has been named a 2023 Claims Innovation Honoree, celebrated for positively impacting policyholder satisfaction, especially with our cash-for-repairable-vehicles solution.
These achievements owe much to our supportive insurance carrier customers, vehicle owners and our exceptional team's dedication. I extend a heartfelt thanks to you all for being part of ClaimBuyout's extraordinary journey because we're just getting started.
Blog
ClaimBuyout®: Miles of Gratitude – where compassion meets action.
We're excited to share another uplifting success story that illustrates the impact of our services. Our recent client faced the heartache of losing her husband a year ago, navigating both the emotional aftermath of her loss and the practical complexities of an auto claim through her insurance carrier.
Blog
ClaimBuyout®: Miles of Gratitude – where compassion meets action.
In our work, it is personal. We take great pride in sharing a heartwarming story of a busy elementary teacher who found herself in a tough spot after her second collision. With a repair estimate exceeding $11,000, she was determined to let go of the vehicle without waiting months for parts.
Blog
ClaimBuyout®: Miles of Gratitude – where compassion meets action
In our work, it is personal.
We are pleased to share a story highlighting our recent positive impact on a young man who experienced a collision on a California highway. In an unfortunate turn of events, the other driver involved in the accident was uninsured and fled the scene, leaving the young man in a difficult situation. The cost of repairing his sports car surpassed $20,000.
Blog
ClaimBuyout®: Miles of Gratitude – where compassion meets action
In our work, it is personal.
We are delighted to share this touching story of how we recently supported a U.S. Service Member just days before his deployment. Unfortunately, he experienced a car collision that resulted in a repair estimate exceeding $7,500. Fortunately for him, his insurance adjuster referred ClaimBuyout as a viable option, sparing him from weeks of repairs and part delays.
Blog
ClaimBuyout®: Miles of Gratitude – where compassion meets action
We're starting a series where we share stories that have touched our hearts. Because in our work, it is personal. ClaimBuyout: Miles of Gratitude – where compassion meets action.
We assist individuals facing unfortunate circumstances. Recently, we connected with a customer whose love for his wife and admiration for driving to see the daily sunsets became a newfound tradition because of her current battle with cancer.
What we're reading
Insurers Face Challenges in Battle Against High Premiums
By Joe Dysart | May 18, 2023
Insurers attempting to hold the line on premium increases are staring down a number of industry trends conspiring to undermine that resolve, according to a number of industry execs. Supply chain woes, worker shortages, already high premiums for electric vehicles and a growing incidence of unsafe driving are all exerting pressure on the industry to raise premiums.
What we're reading
Our Nation's Roadway Safety Crisis
Nearly 95% of people who die using our Nation's transportation networks are killed on our streets, roads, and highways. Roadway fatalities and the fatality rate declined consistently for 30 years, but progress has stalled over the past decade and went in the wrong direction in 2020 and 2021. An estimated 42,915 lives were lost on U.S. roads in 2021. This is unacceptable.
Press Release
ClaimBuyout Recognized for Technology Innovation in P&C Insurance Industry
ClaimBuyout, a national vehicle buying company, has been named to NU PropertyCasualty360 Luminaries Class of 2022 in the category of Technology Innovation as pacesetters who help push the industry forward in digitalization and modernization.
Press Release
ClaimBuyout Launches Redesigned Website for Insurance Providers
ClaimBuyout, a national vehicle buying company, today announced the redevelopment of its self-service digital platform where people go to sell their damaged vehicle deemed repairable following an accident instead of having it repaired and receive pre-accident value.
What we're reading
If you’re going to build something from scratch, this might be as good a time as in a decade
When I read this interview with Bill Gurley, the headline hit close to home for me. I couldn't agree more with the idea that now is a great time to start a company from scratch—we couldn't be happier about where we are positioned at ClaimBuyout.
Media Contact
Susan Jablonski
Vice President of Marketing, People & Compliance
Cell: 312.933.8584
Email: susanj@claimbuyout.com
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