As part of Carfax Vehicle History, insurers can now access information on over 530 unique OEM vehicle attributes categorized into five segments: Safety and Security, HMI and Infotainment, Comfort and Convenience, Chassis and Drivetrain, and Base Vehicle Characteristics. This VIN-level information gives insurance carriers unparalleled insight into the factory and aftermarket equipment installed on a vehicle.

“Leveraging over 35 years of vehicle history data, insurers finally have the ability to actuarially evaluate and price for the unique equipment configuration on specific cars and trucks,” said Dan Hill, Carfax’s director of insurance underwriting. “We’ve normalized the thousands of vehicle attributes and distilled them down into a consistent set of VIN-level attributes for ease of use.”

A core segment of the VIN-level attributes data covers advanced driver-assistance systems (ADAS) that improve safety and security such as blind spot monitoring and collision detection systems. Additionally, Carfax can identify a wide array of other equipment installed on a vehicle such as integrated apps or customizable instrumentation that could distract drivers. Presence of these infotainment options can impact safety as well as repair costs when the equipment is damaged in an accident.