Auto Claim Severity Up 35% over Pre-Pandemic Rates – LexisNexis Report
Insurance Journal - May 12, 2023
Claim severity for bodily injury and property damage increased by 35% since 2019, while collision claim severity has jumped 40%, LexisNexis Risk Solutions says in a new report. The data broker’s 2023 U.S. Auto Insurance Trends report says the amount …...
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