Do you know why a vehicle damage detection API is so important to improve your business in 2022? In this post, we’ll comment about this AI car damage detection and propose you use one.
Artificial intelligence (AI) and its shape recognition capabilities through training collaborate with the insurance industry, with expert work, in claim assessment, and risk contracting. With complete training of its algorithm, this technology accelerates the damage detection processes in a vehicle, allowing for validation almost immediately. Expertise has evolved in tandem with technology. It was initially done manually, with times based on average values, and applied according to the expert’s experience.
With the advent of digitization, appraisals were confronted with assessment tools that included predefined time and scales. Remote communications gave way to expert opinion via photography, in which the experts received images of the workshop with the vehicle’s damage for evaluation.
The video assessment and delegated assessment have been a further step, fueled by confinement and the pandemic. The delegated valuation assumes that the workshop performs the appraisal and that the companies retain control of the valuations through their experts.
All of this has led us to image valuation, which, through artificial intelligence, allows the program to make assessments of damaged parts, always through the training and supervision of its algorithm.
Based on an AI model with a high enough hit rate for damage detection, it is possible to automate, supervise, or supplement vehicle verification and thus make an instant policy recommendation.
You can detect exterior vehicle damage and create a proposal for contract terms. You can also prevent recruitment fraud. The major insurance companies are already implementing AI to detect damage in damaged vehicles, though its primary use is for contracting policies, where it provides greater confidence.
The goal of this tool is to automatically check the images taken, though many companies have an expert who validates their veracity, which serves as training for the system. Because contracting is done instantly with this new technology, management time and risk acceptance periods are reduced. The policy subscription experience is radically streamlined from the customer’s perspective, going from hours to seconds; management is simple and in a few steps.
Make Use Of An API
With this methodology, businesses can strengthen their fight against fraud while also lowering future claim costs that enter the All Risk mode. It also improves operational efficiency by shortening review times and allowing you to focus on higher-value tasks. A faster and friendlier quote and risk acceptance can be provided.
So far there is enough illustration regarding why it is so important to use these artificial intelligence tools such as APIs. For this very reason, we will recommend using Vehicle Damage Detection here.
About Vehicle Damage Detection
Vehicle Damage Detection is an API that in a short time will allow you to see the damage in more than 30 parts of the vehicle. You’ll get much faster and more efficient at categorizing damage types. You can also incorporate the result of the API in your app or website to share it with clients and different judicial authorities that follow the claims processes.