eAutoclaims Announces Fee-Based Pricing Option

OLDSMAR, Fla., Dec. 14  /PRNewswire-FirstCall/ -- eAutoclaims (OTC:EACC) (BULLETIN BOARD: EACC)  announced today a new pricing option for the Managed Collision Repair Service and Independent Appraiser Network.  The new pricing model offers clients the option of receiving services on a flat fee basis instead of eAutoclaims' traditional shared discount pricing from the company's Guaranteed Repair Network (GRN) shops that discount their repair work.  The new option directly applies voluntary shop discounts to repair costs offered by the eAutoclaims' national network of repair shops.  The new model will include flat rate pricing for use of Independent Appraisers participating in the eAutoclaims Appraisal Assignment Network (AAN).  The flat rate is determined by the services included and volume contribution.  The pricing for use of the GRN (Guaranteed Repair Network) and IA (Independent Appraiser) networks ranges from $85 to $120 per assignment.

"Several new prospective clients have expressed interest in this alternative pricing model that combines both our Guaranteed Repair Network (GRN) of shops as well as flat-rate pricing for IA's.  The new offering will allow carriers who prefer this pricing model access to a network of over 2,700 repair facilities certified to participate in the GRN and over 1,500 IA's participating in the AAN network, the new option opens our market to many additional insurance companies," stated Eric Seidel, President & CEO.  "We do not expect this option to have any impact on the overall cost savings derived from using the traditional Managed Collision Repair program although the model encourages market competition from and for our shops & clients.  The pricing model is similar to what is being used by the larger direct writers. eAutoclaims is in a unique position to offer our clients both pricing options for the managed repair program as well as the flat-rate pricing from our IA partners."

About eAutoclaims

eAutoclaims (OTC:EACC) (BULLETIN BOARD: EACC)  is a business services company that provides the insurance industry with claims management services through both ASP and integrated outsourcing solutions. The Company's clients are insurance companies, fleet management companies and insurance services companies. eAutoclaims' solutions streamline the claims handling process, decreasing the overall time and cost required to process a collision claim, and reducing average paid losses for its clients. The Company handles repair estimates, repair audits, and claims systems administration services for automobile claims that are processed and tracked via the eAutoclaims web-based platform and network of service providers.

This announcement contains forward-looking statements. Words such as anticipate, believe, estimate, satisfies, expect and other similar expressions as they relate to the Company and its management are intended to identify such forward-looking statements. Although the Company and its management believe that the statements contained in this announcement are reasonable, it can give no assurances that such statements will prove correct. Factors that could affect the occurrence of events or results discussed herein are included with those mentioned in the Company's filings with the Securities and Exchange Commission. 

DATASOURCE: eAutoclaims



CONTACT:  Eric Seidel, CEO of eAutoclaims, [phone], Ext.2204, or

; or Investors, Mark McPartland of Alliance

Advisors, LLC, [phone], or 



Web site:  http://www.eautoclaims.com/ 

Copyright