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Our Services |
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Our recognition is not words but results and active success of our team members who work like a family to achieve goals which makes us stand apart and climb the levels of
Success in a way that our work is recognized not in domestic market but abroad too. That’s what has made us grow.
Let us recognize the benefits of salvage management
- By the sale of salvage at its optimum value a co minimizes losses and increases profit ratio.
- By selling the salvage at first point a customer gets satisfied with the working of insurance co as the customer gets impatient after the loss and gets a relief when salvage amount is given to the customer after sale of salvage.
- A better image of insurance company emerges as soon the customer is satisfied and it boosts up mouth advertisement free of cost, whereas others spend a lot on advertising .
- Today is customer market as he is the king , we appreciate it by providing prompt decision and exercising stringent control regarding payment ,i.e. in a claim more than 50%/60% or in some cases salvage management can draw 75% loss minimization and pay the amount directly to the consumer in a record time.
- Even in some cases scrap value reduces the loss fully.
- Once loss is minimized every target is achievable, so we concentrate on loss minimisation to the fullest.
HOW TO MANAGE SALVAGE SALE ?
Our co has a team of professionals who are well versed with the market selling prices of salvage vehicles /goods of different nature and models.
We through our past experience have explored the markets and buyers of different products personally.
We have always meant business for fair dealing which has invoked immense interest amongst market buyers that is why we have strong and competitive range of buyers throughout the country.
We conduct a transparent AUCTION on our website at a designated time for which the details are personally provided to the aspirant buyers along with details of place/model/quantity/loss/year of manufacture/photographs/nature of loss and reserve price to the buyers so that no one mocks the deal.
A fair EARNEST MONEY DEPOSIT is taken from the buyers who wish to participate in auction. and information is conveyed via mail/ telephone/mobile.
Identification proof and 2 photos of buyer is taken for any further need.
Once the buyer is successful in auction we provide the details to the insurance co for sale of salvage to the successful buyer, with the best quote.
Auction on line yields the optimum value as every buyer is bidding online, no one can recognize as who else is bidding, this generates a competition among them which in turn acts again a booster for profitability.
A fair reserve price is ascertained so as to ensure that a product never goes for a bottom low price. this reserve price is a mandatory price for which every participating buyer has to opt if interested in bidding. this is again a loss shield.
A request to the insurance co is made to deliver the product to the buyer at the earliest so as the other formalities regarding claim can be completed and the other balance claim amount cheque is made to the consumer at the earliest.
A delivery note is taken from the buyer so as to ensure legal requirements.
This whole process is done on behalf of agreement between insurance co and our co, in which insurance co takes a affidavit from the insured so as to assist in sale of salvage on customers behalf after admissal from the customer since it does not fall in any tax structure and so as to ensure that a customer is agreed upon a particular decision.
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