Copart Inc. a large provider of vehicle salvage disposition services has opened its seventh salvage yard in Ocala, Fla., its 19th in the Southeast region. The 21-acre Greenfield facility will add needed capacity in the northern part of the state, which is currently serviced by yards in Orlando, Jacksonville and Tampa.
Copart provides vehicle suppliers to insurance companies, with a full range of services to process and sell salvage vehicles through auctions, principally to licensed dismantlers, rebuilders and used vehicle dealers. Salvage vehicles are either damaged vehicles deemed a total loss for insurance or business purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made.
Topics Auto
Was this article valuable?
Here are more articles you may enjoy.
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims
Are ‘Moderate’ Hurricanes Getting Squeezed Out of the Atlantic?
Four Georgia Troopers Fired in Vehicle Pursuit-Insurance Scheme
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market 


