SalvageSale

SalvageSale is a United States-based company located in Pleasanton, California. As part of Ritchie Bros., the world's largest seller of used heavy equipment and materials, SalvageSale employs 12 people and generates $1 billion in annual revenue. SalvageSale specializes in maximizing salvage recoveries for insurance carriers. They offer a comprehensive salvage recovery program, adjuster support services, and access to a global, online auction marketplace. Their platform boasts over 3 million bids processed and over $2 billion in claims recovered. SalvageSale caters to a wide range of insurance companies, including over half of the top 25, and provides solutions for various claim types including inland marine, ocean marine, commercial property, energy, and catastrophe claims. Their solutions are designed to deliver significantly higher returns compared to traditional methods. By streamlining the salvage disposition process, insurance companies utilizing SalvageSale have achieved reduced total loss ratios and increased recoveries. For buyers, SalvageSale presents a diverse selection of products, ranging from heavy machinery used in construction, agriculture, and transportation to retail consumer goods. The company's escrow service guarantees secure purchases and assures buyers receive products as described. For more information about SalvageSale's services and to access their online auction marketplace, visit www.salvagesale.com.