Insurance salvage auction software
Maximize salvage recovery with faster auctions
Liquidate total-loss vehicles and recovered assets through timed auctions to a network of verified salvage buyers — with documentation built in.
Verified salvage buyers, documentation, and reporting built in.
Recover more, settle claims faster
Insurers and recovery teams use CariBid to auction salvage and total-loss assets quickly to qualified buyers, improving recovery rates and cash flow.
What you can auction
- Total-loss vehicles
- Salvage & damaged units
- Recovered & seized assets
- Equipment & machinery
- Catastrophe recovery lots
- Parts & components
Why teams run their auctions on CariBid
Built for insurers and recovery teams.
Higher recovery
Competitive bidding from salvage buyers lifts recovery value.
Faster settlement
Move salvage off the books quickly to speed claim resolution.
Verified buyers
Sell to a network of approved, licensed salvage buyers.
Clean documentation
Keep records and reporting for each unit and disposition.
Frequently asked questions
Ready to improve salvage recovery?
See how CariBid runs faster, documented salvage auctions.