Launching Summer 2025: Salvato Auctions to Sell 100% Insurance Vehicle Inventory with Lower Fees for Buyers and Sellers
CHICAGO – April 11, 2025 – Salvato, the smarter auction for insurance vehicles, announces the addition of another insurer to its Salvato Auctions platform. Launching summer 2025, SalvatoAuctions.com will offer 100% insurance vehicles to buyers worldwide at 20% lower fees than traditional auctions. This reduction in fees is made possible by Salvato’s transformative business model.
Salvato Auctions sells vehicles where they are located, eliminating the need for centralized yards, additional transport costs, and a lengthy sales process. The result is a modern auction experience that improves net returns and cycle time for sellers while reducing fees by at least 20% for buyers.
“The Salvato model has been incredibly well-received by the insurance industry, and we are thrilled to add another insurer to our auction ahead of the launch,” said Peter Jebson, co-founder and CEO of Salvato. “With total loss frequency continuing to rise, it is increasingly important for insurance companies and fleets to maximize their net return and get money back in the door sooner.”
In addition to accelerating the time to market and reducing fees for sellers, Salvato Auctions will offer 20% lower fees to buyers domestically and abroad, increasing demand for these vehicles. Salvato Auctions will exclusively feature insurance vehicle inventory, giving buyers greater confidence in the quality of the vehicles offered.
“We are excited to connect an increasing number of insurers with buyers worldwide, through a model that eliminates unnecessary costs and accelerates the sales process,” Jebson added. “Our model is designed to benefit all participants.”
Auctions will begin in Summer 2025, and buyers can begin registering now at SalvatoAuctions.com. For more information, please contact Salvato, Inc. at SalvatoInc.com/contact-us.
Salvato, Inc. is revolutionizing insurance vehicle auctions by connecting sellers, buyers, and towing & transport companies in a smarter model that delivers better financial outcomes for everyone involved. To learn more, visit SalvatoInc.com or register for upcoming auctions at SalvatoAuctions.com.
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Media Contact: Laura@SalvatoAuctions.com