Paying for a service based on usage is not a new business model, as we’ve seen it used with cellular and internet service providers, but is now growing as a popular automotive insurance option available through several insurance providers. Usage-based insurance (UBI), also known as pay-as-you-drive (PAYD), uses key metrics such as accrued mileage and driving behaviors to determine insurance rates for individuals or businesses.Read More
Mar 30 2015
Mar 13 2015
The process of underwriting for auto insurance policies involves many steps, accounting for a number of risk variables. The vehicle specifications are just one piece to consider when assessing risk. Some others include client demographics, geography, and driving history to name a few.
As the variety of available vehicle safety equipment continues to increase, so does their effect on insurance risk ratings. With the large number of tasks at hand, it’s important that underwriters utilize resources that can save them time and increase process accuracy.Read More
Feb 19 2015
Determining the installed transmission type from VIN alone has traditionally been hit-or-miss. Not knowing the transmissions installed in the vehicles in your inventory can present a number of challenges. Unfortunately, the existing VIN standards do not require OEMs to encode transmission information directly in the VIN. However, due to a gradual decrease in transmission options over time, this is becoming easier. This article explores four common questions about VIN decoding transmission data, and provides suggested solutions for significantly increasing the match rate of decoded transmissions in your inventory or data feed.
Feb 13 2015
It's been a couple of months since we last put together a list of ten awesome auto industry blog articles. Since then, there have been plenty more share-worthy blogs to sift through!
Similar to part one, the blogs we've shared below are from all different segments of the auto industry, providing value for several auto niches. Topics range from vehicle maintenance and safety to best practices for marketing your automotive business to both B2B and B2C.
Jan 06 2015
It's that time of year again, and those of us in the automotive industry know I'm not just referring to the New Year! It's the final days before we travel out to San Francisco for the 2015 NADA Convention & Expo and as always we are looking forward to meeting up with our partners, friends and long time clients. We will be based out of the Dominion Dealer Solutions booth at #1019S and happy to chat at the booth or meet up for a cup of coffee (on us)!Read More
Topics: NADA Conference
Dec 30 2014
In light of the new year approaching and all the top 10 New Year's resolution lists/2015 predictions rolling out, we thought it'd be fun to write a News Year's article with a different twist.Read More
Dec 04 2014
Auto Tech: Aluminum Vehicle Technology
Aluminum dominates as the choice material for wheels and engine blocks in the automotive industry. In the last few decades, the use of aluminum auto technology has increased. Beyond its lighter weight which can enhance fuel efficiency and performance capabilities, aluminum is recyclable and can improve safety by absorbing more crash energy than steel. However, it is not without disadvantages.
Dec 01 2014
According to Google, the majority of vehicle shoppers use digital channels during their research. Most of these online vehicle shoppers use more than one website before deciding on the vehicle they want to purchase. Let's look at ways to make these visitors convert.Read More
Nov 17 2014
In this day in age, there's so much work to get done with such a small window of opportunity to do it in. Many of us have our time spread thin between work, family and social lives; so after a long days work, having to take more work home is less than ideal! This is where utilizing a 3rd party solution(s) becomes a necessity for many businesses.
The saying "time is money" applies to most all professions, however, maybe none more so than professionals in the automotive industry. Regardless of which segment you work in (auto sales, marketing, insurance, software development, logistics, etc.) there will be a number of items on your team's agenda that cannot be contracted to a 3rd party. Luckily, with vehicle data solutions readily available from trusted data providers, you are not stuck having to create a solution in-house. In fact, with the availability of delivered data, web services and hosted software solutions, integrating these products has never been easier.Read More
Topics: Automotive Data
Oct 22 2014
Blogging has become an important part of traffic generation and brand awareness for any type of business and has indeed reached its way to the automotive world. Since the vehicle data and VIN decoding solutions we provide are vital to all segments of the auto industry, we come across quite a variety of auto blogs.
Though the blogs we've shared below are not exclusive to one auto niche (auto listing sites, dealer solution providers, auto insurance, etc.), we still thought each one of these articles would provide some level of value or interest industry-wide.