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Wednesday September 25

Copart Announces Exclusive National Contract with SAFECO

Copart, Inc. and SAFECO, one of the largest property/casualty insurers in the United States, have entered into a nationwide for salvage vehicle processing. Under the agreement, Copart will be SAFECO's exclusive vendor in the United States.

"Copart now has over 80 national contracts in place," said Willis J. Johnson, Copart's chief executive officer. "SAFECO put us through a strenuous selection process that tested procedures, service levels, and results. Thanks to advantages such as Copart's 96 locations nation-wide, proxy and virtual Internet bidding with consolidated reporting, electronic communications, nationwide buyer base, overall return on salvage and reduction in cost, we were their vendor of choice. We are very pleased that SAFECO has recognized the excellence of Copart systems and people."

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