Version Description

The Feature Exchange web service is a RESTful service that takes a VIN or Style ID as a request input and returns vehicle information beneficial to the vehicle quoting, rating and underwriting processes. >Today, the insurance industry primarily uses risk factors associated with the driver (i.e. age, marital status, credit history) when providing an insurance quote. With new driver-assist features that can prevent accidents, insurance carriers can start including vehicle factors in their premium pricing algorithms. This service allows insurance providers to quickly evaluate the vehicle being quoted, without interviewing their customer, to determine if there are any cost reductions or increases that are required based on the features of the vehicle. The data returned focuses on features that prevent the frequency or severity of accidents / insurance losses. The data includes passive safety features, active safety features, features that prevent theft as well as other features that help describe the vehicle.