Updated: GEICO updates asTech pricing agreement; industry and competition react
GEICO released an updated standardized pricing sheet Monday for asTech scans and collaborations following “discussion and feedback,” according to an email to Auto Repair Xpress (ARX) Network shops, provided to Repairer Driven News (RDN). The insurance company announced an agreement for standardized pricing with asTech earlier this month. The announcement was instantly met with criticism from independent collision repair shops on social media and during a Collision Industry Conference (CIC) meeting held in Denver.
Concerns about the agreement attempting to establish “standardized” or prevailing market prices for scanning and calibration operations have been raised. Another criticism is that it appears GEICO will prioritize the recommendation of asTech’s Rules Engine on whether an aftermarket scan is a sufficient replacement for an OEM scan; which was not amended in the updated Monday email communication. Per GEICO’s price sheet, it appears it has increased the price it established with asTech for OEM pre-scans with remote support and OEM post-scans with remote support including DTC clear, steering angle sensor, and seat weight sensor.
Read more: https://rpb.li/LsGD8
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