In 2022, losses related to liability insurance claims accounted for 56 percent of private passenger auto payouts in the United States. In that year, liability auto insurance losses in the U.S. amounted to approximately 117.9 billion U.S. dollars and auto insurance losses from physical damage claims amounted to 91 billion U.S. dollars.
Incurred losses for private passenger auto insurance in the United States from 2012 to 2022, by type
(in billion U.S. dollars)
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Insurance Information Institute. (September 1, 2023). Incurred losses for private passenger auto insurance in the United States from 2012 to 2022, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/428991/incurred-losses-for-private-auto-insurance-usa-by-type/
Insurance Information Institute. "Incurred losses for private passenger auto insurance in the United States from 2012 to 2022, by type (in billion U.S. dollars)." Chart. September 1, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/428991/incurred-losses-for-private-auto-insurance-usa-by-type/
Insurance Information Institute. (2023). Incurred losses for private passenger auto insurance in the United States from 2012 to 2022, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/428991/incurred-losses-for-private-auto-insurance-usa-by-type/
Insurance Information Institute. "Incurred Losses for Private Passenger Auto Insurance in The United States from 2012 to 2022, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Sep 2023, https://www.statista.com/statistics/428991/incurred-losses-for-private-auto-insurance-usa-by-type/
Insurance Information Institute, Incurred losses for private passenger auto insurance in the United States from 2012 to 2022, by type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/428991/incurred-losses-for-private-auto-insurance-usa-by-type/ (last visited November 21, 2024)
Incurred losses for private passenger auto insurance in the United States from 2012 to 2022, by type (in billion U.S. dollars) [Graph], Insurance Information Institute, September 1, 2023. [Online]. Available: https://www.statista.com/statistics/428991/incurred-losses-for-private-auto-insurance-usa-by-type/
