Technical reports preparation & Assessment of damaged and canceled cars (Total loss) for Insurance Companies.

Al-Moamin plays a vital role in preparing accurate technical reports and valuating damaged and written-off cars. This contributes to facilitating the compensation process and making effective decisions.

Preparation of Technical Reports:

1. Field Inspection:
   Technical experts conduct meticulous field inspections of damaged cars, documenting the damages and precisely determining the extent of losses. This examination includes assessing both visible and hidden damages.
2. Damage Analysis:
   Analytical technical reports are prepared to illustrate the scope of damages and their impact on the car’s value. The analysis covers mechanical, structural, and electrical aspects of the vehicle.
3. Cost Evaluation:
   The technical team estimates the expected costs for repairing the damages, contributing to determining the total losses and formulating the final report.

Valuation of Written-off Cars (Total Loss):

1. Current Value Determination:
   The company determines the current value of the car based on the market and its actual condition. Several factors are taken into consideration, including age, mileage, and the vehicle’s condition.
2. Technical Evaluation:
   Valuating written-off cars involves a comprehensive technical assessment considering the vehicle’s condition and performance. Advanced valuation methods are used to ensure the accuracy of the provided value.
3. Additional Factors:
   The company considers additional factors that may impact the car’s value, such as improvements or changes in performance or maintenance.

Final Reports:
Al-Moamin provides comprehensive final reports that combine technical and financial aspects, assisting insurance companies in making informed decisions regarding compensation and claims settlement. This process ensures transparency and accuracy in estimations, contributing to delivering fair and professional insurance services.