Top States for Fastest Collision Repair
| PR Newswire Association LLC |
Data gathered during the second quarter by Enterprise's Automated Rental Management System (ARMS®) tracks the length of time a replacement vehicle is rented to collision center customers.
According to the ARMS data, the U.S. average length of replacement rental (LOR) was 10.7 days in the second quarter of 2014. The states with the lowest collision repair times, measured in days, are:
North Dakota (8.0)Minnesota ,Nebraska ,South Dakota (8.1)Iowa (8.3)Utah (8.8)Idaho ,Maine ,Vermont (8.9)
Enterprise began sharing this information – at no cost – with collision repair centers five years ago in an effort to highlight below-market-average cycle times and provide critical performance data for consistent industrywide comparisons. In fact, Enterprise first developed ARMS in 1999 in response to feedback received from focus groups and the collision repair industry. In 2007, the U.S. Patent and Trademark Office issued a patent and trademark for ARMS, reflecting Enterprise's significant investment in resources, initiative and intellectual capital.
Today, ARMS data helps collision repair centers increase operating efficiencies, enhance customer service and streamline communications with insurance companies and customers. The ARMS digital management platform enables repair centers to book rental reservations and send vehicle status updates to insurance partners and customers. In addition, repair centers can track, measure and forecast labor needs, and generate monthly reports through ARMS.
These LOR metrics have gained traction with insurers and repairers as a means to track and improve cycle time. In fact, CollisionWeek magazine and Mitchell Industry Trends Report regularly publish the Enterprise data as a comprehensive industry resource. The importance of such metrics were recently noted in a comprehensive SearchAutoParts.com editorial: "You need to know your score in real-time so you can adjust your strategy."
With more than 5,500 airport and neighborhood offices located within 15 miles of 90 percent of the U.S. population, the Enterprise Rent-A-Car brand is able to provide replacement rentals to customers of collision repair centers and insurance companies all around the country.
To learn more about
About
Founded in 1957,
Photo - http://photos.prnewswire.com/prnh/20140821/138759
Logo - http://photos.prnewswire.com/prnh/20130730/MM55552LOGO-e
SOURCE
| Wordcount: | 513 |



Navigating through the great freight debate
Industrial Minerals Review 2013
Advisor News
- Industry groups applaud House passage of Financial Exploitation Prevention Act
- Younger workers more likely to be eligible for a retirement plan after changing jobs
- Bank of America community event unpacks sales tax hike, small business struggles
- CONGRESSMAN VALADAO DEMANDS ANSWERS FROM CALIFORNIA OVER HEALTHCARE TAX HIKE
- How executive benefits impact an estate plan
More Advisor NewsAnnuity News
- State Farm’s agency overhaul: What distribution can learn
- IRI, ACLI express support for CLEAR Forms Act
- A new era at the Federal Reserve
- Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
- Why annuities are gaining traction with younger investors
More Annuity NewsHealth/Employee Benefits News
- States seek to lower drug prices by targeting the companies that manage them for health plans
- Sentara Health Plans president hired
- Collinsville man, St. Louis woman charged in Illinois health fraud case
- Researchers from University of Virginia Describe Findings in Managed Care (Trends in the Concentration of Interventional Radiology Work Among Radiologists in the United States: Analysis of Medicare Claims Data, 2008-2023): Managed Care
- Study Findings on Cancer Reported by a Researcher at Community Memorial Hospital (Barriers to Post-Mastectomy Breast Reconstruction: A Comprehensive Retrospective Study): Cancer
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Misr Insurance Company
- State Farm’s agency overhaul: What distribution can learn
- They Allegedly Enrolled People In Life Insurance Without Consent. Then Death Claims Paid Out
- How much do state residents need to retire comfortably?
- How executive benefits impact an estate plan
More Life Insurance News