The frequency of private passenger comprehensive auto insurance claims for physical damage in the United States rose to 3.15 per 100 car years in 2021, compared to 2.7 in 2020. This was the highest frequency recorded over the past 15 years.
Frequency of private passenger comprehensive auto insurance claims for physical damage in the United States from 2007 to 2021
The source adds the following information: "claim frequency is claims per 100 car years. A car year is equal to 365 days of insured coverage for one vehicle."
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Insurance Information Institute. (March 16, 2023). Frequency of private passenger comprehensive auto insurance claims for physical damage in the United States from 2007 to 2021 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/830114/comprehensive-car-claim-frequency-physical-damage-usa/
Insurance Information Institute. "Frequency of private passenger comprehensive auto insurance claims for physical damage in the United States from 2007 to 2021." Chart. March 16, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/830114/comprehensive-car-claim-frequency-physical-damage-usa/
Insurance Information Institute. (2023). Frequency of private passenger comprehensive auto insurance claims for physical damage in the United States from 2007 to 2021. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/830114/comprehensive-car-claim-frequency-physical-damage-usa/
Insurance Information Institute. "Frequency of Private Passenger Comprehensive Auto Insurance Claims for Physical Damage in The United States from 2007 to 2021." Statista, Statista Inc., 16 Mar 2023, https://www.statista.com/statistics/830114/comprehensive-car-claim-frequency-physical-damage-usa/
Insurance Information Institute, Frequency of private passenger comprehensive auto insurance claims for physical damage in the United States from 2007 to 2021 Statista, https://www.statista.com/statistics/830114/comprehensive-car-claim-frequency-physical-damage-usa/ (last visited November 21, 2024)
Frequency of private passenger comprehensive auto insurance claims for physical damage in the United States from 2007 to 2021 [Graph], Insurance Information Institute, March 16, 2023. [Online]. Available: https://www.statista.com/statistics/830114/comprehensive-car-claim-frequency-physical-damage-usa/
