Last week, we set out to gather information from the recovery agent community in an attempt to get a post-COVID-19 Reposession outlook. In our initial Road Ahead survey, over 360 agency owners responded and we thank you for your participation. Today, we would like to drill down to further educate ourselves and our Lender partners on the COVID-19 impacts to the asset recovery industry.

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* 1. What is your average involuntary repossession rate pre-COVID-19?

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* 2. What do you expect to charge on average for involuntary repossessions post-COVID-19?

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* 3. As volume restarts, how will you prioritize your cases based on the following factors?  Please rank the following based on importance with 1 being the most important.

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* 4. Are you concerned about auto repossession insurance coverage ability after COVID-19?

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* 5. Based on your client's insurance requirements, what is your estimated cost of insurance on a PER REPO basis?
(To estimate this number divide your total annual premium by the total number of repos for that year)

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* 6. How much do you expect insurance premiums to increase per repo after COVID-19?

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* 7. Do you have any additional comments about fees or any of the other questions we asked? 

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