TruckBody IQ™

Advanced analytics and automation API to reduce premium leakage for Commercial Auto

Truck Body IQ showing multiple yellow trucks

TruckBody IQ™

TruckBody IQ™ fills in the gap between an underreported Original Cost New (OCN) from the traditional VIN prefill versus the actual OCN that includes the equipped truck body. It is designed to increase quote accuracy during the underwriting process, help mitigate risk for the insurer, and reduce premium leakage when there is an incident.

The integration of these critical new data points empowers commercial auto carriers to:

  • Improve Speed to Quote
  • Enhance Accuracy
  • Support Premium Lift
  • Reduce Premium Leakage
  • Mitigate Overall Risk
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TruckBody IQ™, coupled with Price Digests’ industry leading commercial truck VIN prefill solution, combines advanced analytics with automation to increase the accuracy of OCN calculations to support premium lift.

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TruckBody IQ™ API:

– GET Commercial Truck Original Cost New: Estimated High Value
– GET Commercial Truck Original Cost New: Estimated Median Value
– GET Commercial Truck Original Cost New: Estimated Average Value
– GET Commercial Truck Original Cost New: Estimated Low Value

Ideal for:

– Integrating information for more accurate quotes for Commercial Trucks in the underwriting process
– Capturing more accurate and complete commercial vehicle information
– Maintaining speed during the quote process
– Reducing exposure to risk in undervaluing commercial auto