Salvage Parts for Insurers

The course, Salvage Parts for Insurers, provides insurers with an overview of the salvage parts industry.

What Insurers Can Expect to Learn:

• Understanding the difference between Salvage parts, Remanufactured parts, Reconditioned parts, and OEM parts
• Explaining key aspects consumers should know about Salvage part utilization
• Identifying consumer rights regarding notification of use of Salvage parts
• Explaining the technical need for a certification of both Salvage parts and Salvage parts manufactures
• Understanding potential cost savings of using Salvage replacement parts
• Guiding policyholder selection of a qualified repair center for damaged systems