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

Triple-I/Milliman: P/C Insurance Industry Poised for Growth and Underwriting Profitability in 2025 Despite Geopolitical and Natural Catastrophe Uncertainties

Posted: Oct 08, 2025

For Immediate Release Triple-I: Loretta Worters, [email protected] Milliman: Jeremy Engdahl-Johnson, ...

Read Article

Capping Insurance Rates Could Reduce Coverage Options and Viable Insurers in Illinois: Triple-I

Posted: Sep 09, 2025

For Immediate Release Midwest Press Office, Scott Holeman, 785-760-3777, [email protected] MALVERN, P...

Read Article

Behind the Wheel of Legal Inflation: More Than $42.8B in Excess Auto Tort Cases Uncovered, New Triple-I Analysis Finds

Posted: Sep 03, 2025

FOR IMMEDIATE RELEASE: New York Press Office: (212) 346-5500; [email protected] MALVERN, Pa., Sept. 4, 2...

Read Article