Payments
Paperwork
Templates
Partners
MISC
100

What do you do when you receive the #LHValue activity?

Update valuation screen with LH payoff amount & review Total Loss Payment Guided Help to determine payment next steps. (LH payment & Early Pay potential)

100

What letter is sent to the customer with the initial settlement figures and paperwork instructions? 

TL13

100

What resource do you have that has all of your templates?

TL One Note

100

When do you request LH payoff? (What step?)

Step 9 after your manager has approved your settlement figures?

100

For TL claims, when do you refer to subrogation? 

After 1st payment is made

200

What resource can you use to determine if claim qualifies for early pay?

Total Loss Payment Guided Help

200

What letter is sent to the customer if the settlement amount changes? 

TL 14

200

What template do you use to document your conversation when you settle with the customer?

Settlement Call Macro

200

What 3 things need to be done before you refer to salvage?

Settle the TL  

Release the vehicle

Send the paperwork 

200

What kind of policy do we need to review for betterment, conditioning adjustment, or mileage adjustments?

Safeco Ultra/Premier/Optimum Policy 

300

How much do we hold back when issuing early pay?

The salvage value or $1000, whichever is greater

300

How does the CCC valuation get sent to the customer?

Once you refer the claim to salvage

300

What macro do you include when issuing a LH payment? 

LH Payment Macro

300

If the vehicle is at a tow yard/SOC what is required to facilitate the vehicle release? 

Three-way call with the customer and the shop/tow yard to release the vehicle.

300

If the customer expresses concerns about the vehicles ACV, what is the first question you should ask? 

What concerns you with the value of the vehicle?

400

What activity does salvage send us to tell us it is ok to pay the customer? 

PayTL 

400

Can you email paperwork in PA?

Yes

400

What template do you use when you make initial contact with the customer and vehicle is a PTL?

TL First Call Blueprint

400

If the vehicle is at the customers home what is required to facilitate the vehicle release?

Three-way call with the customer and Copart if the car is at a residence.

400

What items are considered major refurbishments?

  • Trans rebuild/replace.
  • Engine rebuild/replace.
500

What is an LOG and when do we need it?

Letter of Guarantee. Needed when customer is upside down with lien holder & leased vehicles.

500

Can the customer owner retain in NC?

Yes

500

What template do you use if an update is needed to the CCC valuation? 

CCC Update Needed

500

For TL Vehicles - When do we complete the Get Photos Activity? 

After you receive email from Copart indicating TLE 360 Complete

500

If the customer claims there are missed options on the CCC valuation, what documentation do you need?

  • Photo
  • Invoice
  • Window sticker