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In today’s economy, auto loan delinquencies are rising, leading to an increase in vehicle repossessions. However, many lenders fail to recognize a critical opportunity in the repossession process: recovering funds through the borrower’s existing insurance policy. Without an efficient strategy for filing insurance claims, lenders risk absorbing unnecessary losses on damaged collateral, ultimately impacting the bottom line.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
