Patterns in Auto Physical Damage Insurance Claims

Share!

Insurance Information Institute - Nov 29, 2020

The average payment for auto physical damage insurance claims increased at more than double the rate of inflation from 2010 through 2018, according to this study. Average payments increased 3.7 percent annualized during the study period, while the overall Consumer Price Index (CPI), as well as the C...

Read Full Article

Recommended Articles

Record 2025 US Flooding Highlights Urgent Need for Flood Insurance and Resilience Measures, Triple-I’s New Issues Brief Explains

Posted: Feb 15, 2026

FOR IMMEDIATE RELEASE [email protected]     MALVERN, Pa., Feb. 17, 2026 — Deadly floods swept across the...

Triple-I Launches 2026 Campaigns Raising Awareness for Legal System Abuse Reform in California and Illinois

Posted: Feb 09, 2026

For Immediate Release Contact: [email protected]   MALVERN, Pa., Feb. 11, 2026 – The Insurance Informati...

Lloyd’s Marketplace Underscores Importance to U.S. Economy as Risks Intensify

Posted: Feb 04, 2026

FOR IMMEDIATE RELEASE New York Press Office: (212) 346-5500; [email protected]   MALVERN, Pa., February...