Importance of Vehicle Damage Detection Model

Page 1

ImportanceofVehicleDamageDetectionModel

Severalindustrieshavebenefitedfromartificialintelligence'sversatilityandsophistication,and onenewwaythiscutting-edgetechnologyisbeingusedistoidentifyvehicledamage.Making anautomobiledamageclaimrequiresalotoftime

Additionally,thereisalwaysachancethatclaimsleakagewilloccur,whichisthediscrepancy betweenquotedandactualclaimssettlement

Asageneralrule,visualexamination,qualityanalysis,andvalidationarerequiredforclaim approval.Processingtheclaimsbecomesmoredifficultastheassessmentisdelayedoris inaccurate.However,processingclaims,validatingfindings,andinspectionsmayallbedone morequicklythankstoautomatedvehicledamagedetection

VehicleDamageDetection:WhatIsIt?

Intheautomobileindustry,mishapsandminorvehicledamageareextremelyprevalent. Problems,however,onlyappearafteraninsuranceclaimTheGovernmentofMichigan's2021 FraudInvestigationUnitAnnualReportstatesthatfraudulentautoinjuryclaimsaddedover$7.7 billioninextrapaymentstoautoinjuryclaims.Topautoinsurershadannualpremiumleakage lossesofupto$29billion

Theautomaticdetectionofavehicle'souterbodyandevaluationoftheextentofthedamage aredoneusingmachinelearningalgorithmsforautomotivedamagedetectionUsingcomputer visionandpictureprocessingtechniques,damagetothecarisdiagnosednotonlyforinsurance purposesbutalsoforestimatingrepaircosts

HowtodevelopMLmodelsthatcanidentifycardamage?

YourequireadiversifieddatasetofpreciselylabeledphotosandvideosinordertotrainML modelstorecognizecardamage.Themachinelearningmodelcan'tidentifydamagesifthe dataisn'textremelyaccurateandaccuratelycategorizedDataqualitymustbecheckedby human-in-the-loopannotatorsandannotationtools.

Themodelsshouldbetaughtthefollowingthreeparameters:

●determiningwhetherthereisharm

●Locatingthedamageonthevehiclebydeterminingitspreciselocation

●determiningtheextentofthedamagebasedonitskind,location,andnecessityfor repairs

Itiscrucialtotrainthemodeltolookforpatternsandassessthemafterthevehicledamage assessmenthasbeendetermined,categorized,andsegmented.Amachinelearningalgorithm thatwillevaluateandinterpretthedatashouldbeappliedtothetrainingdataset

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Importance of Vehicle Damage Detection Model by DAMAGE iD - Issuu