Auto Claim Severity Up 35% Over Pre-Pandemic Rates: LexisNexis Report
Insurance Journal - Jun 04, 2023
By Jim Sams 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 …...
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