-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001209191-05-030489.txt : 20050611
<SEC-HEADER>0001209191-05-030489.hdr.sgml : 20050611
<ACCEPTANCE-DATETIME>20050607135315
ACCESSION NUMBER:		0001209191-05-030489
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050525
FILED AS OF DATE:		20050607
DATE AS OF CHANGE:		20050607

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INSURANCE AUTO AUCTIONS, INC
		CENTRAL INDEX KEY:			0000880026
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-MOTOR VEHICLES & MOTOR VEHICLE PARTS & SUPPLIES [5010]
		IRS NUMBER:				953790111
		STATE OF INCORPORATION:			IL
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		TWO WESTBROOK CORPORATE CENTER
		STREET 2:		SUITE 500
		CITY:			WESTCHESTER
		STATE:			IL
		ZIP:			60154
		BUSINESS PHONE:		708-492-7000

	MAIL ADDRESS:	
		STREET 1:		TWO WESTBROOK CORPORATE CENTER
		STREET 2:		SUITE 500
		CITY:			WESTCHESTER
		STATE:			IL
		ZIP:			60154

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INSURANCE AUTO AUCTIONS INC /CA
		DATE OF NAME CHANGE:	19930328

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WILCOX JOHN K
		CENTRAL INDEX KEY:			0001196046
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-MOTOR VEHICLES & MOTOR VEHICLE PARTS & SUPPLIES [5010]
		STATE OF INCORPORATION:			IL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19594
		FILM NUMBER:		05882508

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		8478393939

	MAIL ADDRESS:	
		STREET 1:		850 E ALGONQUIN RD
		STREET 2:		STE 100
		CITY:			SCHAUMGURG
		STATE:			IL
		ZIP:			60173
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>c95803_01jkw.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-05-25</periodOfReport>

    <issuer>
        <issuerCik>0000880026</issuerCik>
        <issuerName>INSURANCE AUTO AUCTIONS, INC</issuerName>
        <issuerTradingSymbol>IAAI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001196046</rptOwnerCik>
            <rptOwnerName>WILCOX JOHN K</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>2 WESTBROOK CORPORATE CENTER</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 500</rptOwnerStreet2>
            <rptOwnerCity>WESTCHESTER</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60154</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2005-05-25</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>15000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>28.25</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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                    <footnoteId id="F1"/>
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            <ownershipNature>
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    <derivativeTable>
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            <transactionAmounts>
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                    <value>10000</value>
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                <transactionPricePerShare>
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                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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            <expirationDate>
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            <transactionDate>
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                <transactionPricePerShare>
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            <expirationDate>
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            <conversionOrExercisePrice>
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            <transactionDate>
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            <transactionCoding>
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            <transactionAmounts>
                <transactionShares>
                    <value>5000</value>
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                <transactionPricePerShare>
                    <value>11.25</value>
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                <transactionAcquiredDisposedCode>
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            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F4"/>
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            <expirationDate>
                <value>2014-06-30</value>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5000</value>
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            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Employee Stock Option (right to buy)</value>
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            <conversionOrExercisePrice>
                <value>12.66</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-05-25</value>
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            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <transactionAmounts>
                <transactionShares>
                    <value>5000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>15.59</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F5"/>
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            <expirationDate>
                <value>2013-06-30</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
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                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
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            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Employee Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>15.88</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-05-25</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>12.37</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F6"/>
            </exerciseDate>
            <expirationDate>
                <value>2006-06-30</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Employee Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>22.75</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-05-25</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <transactionAmounts>
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                </transactionShares>
                <transactionPricePerShare>
                    <value>5.50</value>
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                <transactionAcquiredDisposedCode>
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            <exerciseDate>
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            <expirationDate>
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            <underlyingSecurity>
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            <securityTitle>
                <value>Employee Stock Option (right to buy)</value>
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            <transactionDate>
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            <transactionCoding>
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                <equitySwapInvolved>0</equitySwapInvolved>
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                <transactionPricePerShare>
                    <value>8.45</value>
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                <transactionAcquiredDisposedCode>
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            <exerciseDate>
                <footnoteId id="F8"/>
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            <expirationDate>
                <value>2012-06-28</value>
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            <underlyingSecurity>
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                    <value>D</value>
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        <derivativeTransaction>
            <securityTitle>
                <value>Employee Stock Option (right to buy)</value>
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            <conversionOrExercisePrice>
                <value>14.30</value>
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            <transactionDate>
                <value>2005-05-25</value>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <transactionAmounts>
                <transactionShares>
                    <value>2000</value>
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                <transactionPricePerShare>
                    <value>13.95</value>
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                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
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            <exerciseDate>
                <footnoteId id="F9"/>
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            <expirationDate>
                <value>2011-06-29</value>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                <underlyingSecurityShares>
                    <value>2000</value>
                </underlyingSecurityShares>
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    <footnotes>
        <footnote id="F1">Disposed of pursuant to merger agreement by and among issuer, Axle Merger Sub, Inc. and Axle Holdings, Inc.</footnote>
        <footnote id="F2">This option was canceled in the merger in exchange for a cash payment of $178,700, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.</footnote>
        <footnote id="F3">This option was canceled in the merger in exchange for a cash payment of $28,000, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.</footnote>
        <footnote id="F4">This option was canceled in the merger in exchange for a cash payment of $56,250, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.</footnote>
        <footnote id="F5">This option was canceled in the merger in exchange for a cash payment of $77,950, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.</footnote>
        <footnote id="F6">This option was canceled in the merger in exchange for a cash payment of $24,740, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.</footnote>
        <footnote id="F7">This option was canceled in the merger in exchange for a cash payment of $11,000, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.</footnote>
        <footnote id="F8">This option was canceled in the merger in exchange for a cash payment of $16,900, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.</footnote>
        <footnote id="F9">This option was canceled in the merger in exchange for a cash payment of $27,900, representing the difference between the exercise price of the option and the offer price of $28.25 for the underlying IAAI common stock pursuant to the merger agreement.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ John K. Wilcox</signatureName>
        <signatureDate>2005-05-31</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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