Allstate Insurance Company has selected Copart, an online vehicle auction company, as its exclusive national provider of vehicle sales and auction services.

The efficiencies of Copart's auction model and its global buyer base spanning more than 100 countries set Copart apart as a leading and innovative vehicle auction company.

"We chose Copart because of its proven track record in meeting the needs of our customers and assisting us in realizing our strategic objectives," said Bill Daly, Allstate's assistant vice president of auto claims. "We believe that Copart's proven method of auctioning vehicles provides us with the best opportunity to maximize our salvage results."

In addition to the United States, Copart will also be the exclusive provider of vehicle auction services for Allstate in Ontario, Canada.

"We are excited that Allstate has selected Copart to be its exclusive national provider of vehicle sales and auction services," said Copart President Jay Adair. "This agreement with Allstate further establishes Copart's VB2 online auction model, which to date has sold more than seven million vehicles."