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United Recyclers Group Launches Nationwide Salvage Disposition Solution for Insurance Industry

With close to 300 auto recyclers across the country, United Recyclers Group, LLC can offer a 48 hour guarantee for picking up vehicles for the insurance industry on a nationwide level. Expediting pickup reduces costs to the insurer. The vehicles are then stored for free which further reduces costs. The URG network of auto recyclers then takes digital images of the total loss and displays them on the URG state of the art salvage auction acquisition website for a weekly sale reaching hundreds of bidders across the country.

In a press release, United Recyclers Group, LLC said that the company has implemented the necessary processes to make this program very cost-effective and convenient for the insurance carrier regardless of company size. With a minimal fee to the insurance company to handle all of the work from the first call of picking up the vehicle -- to the final process of selling the vehicle and processing the title, the URG salvage acquisition program promises to increase the margin of return for the insurance company by minimizing fees to both the seller and the buyer. This should result in better salvage returns to the insurer and lower costs to the recycler.

URG has devoted substantial resources to the Premium Salvage(TM) program. URG claims that the program is a win-win for the insurance and auto recycling industries by reducing expenses and margins normally associated with the salvage disposition process.

"We have worked for close to a year with several insurance companies developing this exciting new program. We waited until we were certain we had all the processes in place to handle a large volume of salvage vehicles," said Sharon Galan, URG General Manager.

URG is a partnership of close to 300 auto recyclers that have worked to make changes in the automotive recycling industry. Changes they have been made include developing their own inventory management system, Pinnacle, creating a buying cooperative, offering group marketing options, and forming the Premium Recycled Parts Program.

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