INCURRED LOSSES FOR AUTO INSURANCE, 2004-2008 (1)
Private passenger liability |
$56,317,831 |
$57,188,070 |
$56,042,557 |
$59,760,630 |
$60,812,243 |
Private passenger
physical damage |
34,239,353 |
36,762,455 |
36,151,913 |
37,541,418 |
39,188,442 |
Commercial auto liability |
10,809,661 |
10,373,070 |
10,746,727 |
10,079,010 |
9,955,320 |
Commercial auto
physical damage |
3,355,650 |
3,508,189 |
3,583,802 |
3,523,677 |
3,498,041 |
Total |
$104,722,495 |
$107,831,784 |
$106,524,999 |
$110,904,735 |
$113,454,046 |
|
(1) Losses occuring within a fixed period, whether or not adjusted or paid during the same period, on a direct basis before reinsurance.
Source: National Association of Insurance Commissioners (NAIC) Annual Statement Database, via Highline Data, LLC. Copyrighted information. No portion of this work may be copied or redistributed without the express written permission of Highline Data, LLC.
INCURRED LOSSES FOR AUTO INSURANCE, 2005-2009 (1)
Private passenger liability |
$57,164,750 |
$56,021,405 |
$59,828,548 |
$60,781,574 |
$62,792,944 |
Private passenger
physical damage |
36,764,390 |
36,203,926 |
37,506,667 |
39,187,993 |
36,648,185 |
Commercial auto liability |
10,593,329 |
10,491,838 |
10,069,874 |
9,963,955 |
9,347,416 |
Commercial auto
physical damage |
3,508,904 |
3,528,543 |
3,520,129 |
3,501,646 |
3,015,850 |
Total |
$108,031,373 |
$106,245,712 |
$110,925,218 |
$113,435,168 |
$111,804,395 |
|
(1) Losses occuring within a fixed period, whether or not adjusted or paid during the same period, on a direct basis before reinsurance.
Source: SNL Financial LC.
INCURRED LOSSES FOR AUTO INSURANCE, 2006-2010 (1)
Private passenger liability |
$56,021,405 |
$59,828,548 |
$60,781,574 |
$62,801,946 |
$64,108,535 |
Private passenger physical damage |
36,203,926 |
37,506,667 |
39,187,993 |
36,650,410 |
36,447,401 |
Commercial auto liability |
10,491,838 |
10,069,874 |
9,963,951 |
9,347,416 |
8,796,066 |
Commercial auto physical damage |
3,528,543 |
3,520,129 |
3,501,646 |
3,015,850 |
2,910,161 |
Total |
$106,245,712 |
$110,925,218 |
$113,435,164 |
$111,815,622 |
$112,262,163 |
|
(1) Losses occuring within a fixed period, whether or not adjusted or paid during the same period, on a direct basis before reinsurance.
Source: SNL Financial LC.
INCURRED LOSSES FOR AUTO INSURANCE, 2007-2011 (1)
Private passenger liability |
$59,828,548 |
$60,781,574 |
$62,801,946 |
$64,109,902 |
$64,293,114 |
Private passenger physical damage |
37,506,571 |
39,187,976 |
36,650,410 |
36,453,115 |
40,592,433 |
Commercial auto liability |
10,069,874 |
9,963,951 |
9,347,416 |
8,801,717 |
9,357,088 |
Commercial auto physical damage |
3,520,129 |
3,501,646 |
3,015,850 |
2,910,920 |
3,166,942 |
Total |
$110,925,122 |
$113,435,147 |
$111,815,622 |
$112,275,654 |
$117,409,577 |
|
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, on a direct basis before reinsurance.
Source: SNL Financial LC.
INCURRED LOSSES FOR AUTO INSURANCE, 2008-2012 (1)
Private passenger auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
$60,806,847 |
$63,448,211 |
$64,110,267 |
$64,310,776 |
$65,018,837 |
ÌýÌýÌýÌý Physical damage |
39,189,255 |
36,497,330 |
36,454,102 |
40,589,159 |
41,261,719 |
Commercial auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
9,956,316 |
9,345,288 |
8,798,119 |
9,363,647 |
10,513,434 |
ÌýÌýÌýÌý Physical damage |
3,498,383 |
3,005,162 |
2,911,013 |
3,164,880 |
3,250,715 |
Total |
$113,450,801 |
$112,295,991 |
$112,273,501 |
$117,428,462 |
$120,044,705 |
|
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.
Source: SNL Financial LC.
INCURRED LOSSES FOR AUTO INSURANCE, 2009-2013 (1)
Ìý |
2009 |
2010 |
2011 |
2012 |
2013 |
Private passenger auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
$63,448,211 |
$64,110,267 |
$64,310,776 |
$65,135,976 |
$67,879,783 |
ÌýÌýÌýÌý Physical damage |
36,497,330 |
36,454,102 |
40,589,159 |
41,275,620 |
41,754,269 |
Commercial auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
9,345,288 |
8,798,119 |
9,363,647 |
10,515,806 |
11,302,794 |
ÌýÌýÌýÌý Physical damage |
3,005,162 |
2,911,013 |
3,164,880 |
3,250,740 |
3,255,581 |
Total |
$112,295,991 |
$112,273,501 |
$117,428,462 |
$120,178,142 |
$124,192,427 |
|
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.
Source: SNL Financial LC.
INCURRED LOSSES FOR AUTO INSURANCE, 2010-2014 (1)
Ìý |
2010 |
2011 |
2012 |
2013 |
2014 |
Private passenger auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
$64,110,267 |
$64,310,776 |
$65,135,976 |
$67,879,783 |
$72,027,357 |
ÌýÌýÌýÌý Physical damage |
36,454,102 |
40,589,159 |
41,275,620 |
41,754,861 |
45,313,540 |
Commercial auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
8,798,119 |
9,363,647 |
10,515,806 |
11,305,679 |
11,933,884 |
ÌýÌýÌýÌý Physical damage |
2,911,013 |
3,164,880 |
3,250,740 |
3,255,581 |
3,627,601 |
Total |
$112,273,501 |
$117,428,462 |
$120,178,142 |
$124,195,904 |
$132,902,382 |
|
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.
Source: SNL Financial LC.
Incurred Losses For Auto Insurance, 2011-2015 (1)
Ìý |
2011 |
2012 |
2013 |
2014 |
2015 |
Private passenger auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
$64,310,776 |
$65,135,976 |
$67,879,783 |
$72,050,778 |
$79,098,617 |
ÌýÌýÌýÌý Physical damage |
40,589,159 |
41,275,620 |
41,754,861 |
45,308,112 |
48,564,511 |
Commercial auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
9,363,647 |
10,515,806 |
11,305,714 |
11,939,881 |
13,584,614 |
ÌýÌýÌýÌý Physical damage |
3,164,880 |
3,250,740 |
3,255,570 |
3,645,335 |
3,902,124 |
Total |
$117,428,462 |
$120,178,142 |
$124,195,928 |
$132,944,106 |
$145,149,866 |
|
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Incurred Losses For Auto Insurance, 2012-2016 (1)
Ìý |
2012 |
2013 |
2014 |
2015 |
2016 |
Private passenger auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
$65,135,976 |
$67,879,783 |
$72,050,778 |
$79,098,617 |
$88,242,895 |
ÌýÌýÌýÌý Physical damage |
41,275,620 |
41,754,861 |
45,308,112 |
48,564,511 |
55,737,404 |
Commercial auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
10,515,806 |
11,305,714 |
11,939,881 |
13,587,152 |
14,983,039 |
ÌýÌýÌýÌý Physical damage |
3,250,740 |
3,255,570 |
3,645,335 |
3,902,124 |
4,275,518 |
Total |
$120,178,142 |
$124,195,928 |
$132,944,106 |
$145,152,404 |
$163,238,856 |
|
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period on a direct basis before reinsurance.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Incurred Losses For Auto Insurance, 2013-2017 (1)
Ìý |
2013 |
2014 |
2015 |
2016 |
2017 |
Private passenger auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
$67,879,783 |
$72,008,280 |
$79,098,617 |
$88,249,238 |
$90,495,283 |
ÌýÌýÌýÌý Physical damage |
41,754,861 |
45,301,757 |
48,564,511 |
55,738,221 |
57,052,411 |
Commercial auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
11,305,714 |
11,957,182 |
13,587,152 |
14,987,073 |
15,519,716 |
ÌýÌýÌýÌý Physical damage |
3,255,570 |
3,645,335 |
3,902,124 |
4,279,414 |
4,874,748 |
Total |
$124,195,928 |
$132,912,554 |
$145,152,404 |
$163,253,946 |
$167,942,158 |
|
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period on a direct basis before reinsurance.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Incurred Losses For Auto Insurance, 2014-2018 (1)
Ìý |
2014 |
2015 |
2016 |
2017 |
2018 |
Private passenger auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
$72,008,280 |
$79,098,617 |
$88,249,238 |
$90,495,835 |
$91,726,649 |
ÌýÌýÌýÌý Physical damage |
45,301,757 |
48,564,511 |
55,738,221 |
57,052,411 |
58,763,318 |
Commercial auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
11,957,182 |
13,587,152 |
14,987,073 |
15,528,570 |
17,774,673 |
ÌýÌýÌýÌý Physical damage |
3,645,335 |
3,902,124 |
4,279,414 |
4,874,748 |
4,993,846 |
Total |
$132,912,554 |
$145,152,404 |
$163,253,946 |
$167,951,564 |
$173,258,486 |
|
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.
Source: NAIC data, sourced from S&P Global Market Intelligence.
Incurred Losses For Auto Insurance, 2015-2019 (1)
Ìý |
2015 |
2016 |
2017 |
2018 |
2019 |
Private passenger auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
$79,098,617 |
$88,249,238 |
$90,495,835 |
$91,736,331 |
$96,189,924 |
ÌýÌýÌýÌý Physical damage |
48,564,511 |
55,738,221 |
57,052,411 |
58,766,743 |
62,637,686 |
Commercial auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
13,587,152 |
14,987,073 |
15,528,570 |
17,810,709 |
20,434,568 |
ÌýÌýÌýÌý Physical damage |
3,902,124 |
4,279,414 |
4,874,748 |
4,999,100 |
5,407,130 |
Total |
$145,152,404 |
$163,253,946 |
$167,951,564 |
$173,312,883 |
$184,669,308 |
|
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.
Source: NAIC data, sourced from S&P Global Market Intelligence
Incurred Losses For Auto Insurance, 2016-2020 (1)
Ìý |
2016 |
2017 |
2018 |
2019 |
2020 |
Private passenger auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
$88,249,238 |
$90,495,835 |
$91,736,331 |
$96,191,310 |
$81,618,462 |
ÌýÌýÌýÌý Physical damage |
55,738,221 |
57,052,411 |
58,766,743 |
62,638,267 |
54,683,622 |
Commercial auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
14,987,073 |
15,528,570 |
17,810,709 |
20,435,099 |
19,313,224 |
ÌýÌýÌýÌý Physical damage |
4,279,414 |
4,874,748 |
4,999,100 |
5,407,130 |
4,813,211 |
Total |
$163,253,946 |
$167,951,564 |
$173,312,883 |
$184,671,806 |
$160,428,519 |
|
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Incurred Losses For Auto Insurance, 2017-2021 (1)
Ìý |
2017 |
2018 |
2019 |
2020 |
2021 |
Private passenger auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
$90,495,835 |
$91,736,331 |
$96,183,910 |
$81,622,205 |
$96,104,094 |
ÌýÌýÌýÌý Physical damage |
57,052,411 |
58,766,743 |
62,636,230 |
54,684,358 |
73,846,463 |
Commercial auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
15,528,570 |
17,810,709 |
20,402,267 |
19,315,713 |
21,110,314 |
ÌýÌýÌýÌý Physical damage |
4,874,748 |
$4,999,100 |
5,395,145 |
4,813,714 |
5,766,122 |
Total |
$167,951,564 |
$173,312,883 |
$184,617,552 |
$160,435,990 |
$196,826,993 |
|
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.
Incurred Losses For Auto Insurance, 2018-2022 (1)
Ìý |
2018 |
2019 |
2020 |
2021 |
2022 |
Private passenger auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
$91,736,331 |
$96,183,910 |
$81,622,211 |
$96,103,658 |
$117,875,684 |
ÌýÌýÌýÌý Physical damage |
58,766,743 |
62,636,230 |
54,684,357 |
73,849,765 |
91,020,987 |
Commercial auto |
Ìý |
Ìý |
Ìý |
Ìý |
Ìý |
ÌýÌýÌýÌý Liability |
17,810,709 |
20,402,267 |
19,315,713 |
21,125,756 |
26,341,725 |
ÌýÌýÌýÌý Physical damage |
4,999,100 |
5,395,145 |
4,813,714 |
5,771,405 |
7,692,547 |
Total |
$173,312,883 |
$184,617,552 |
$160,435,995 |
$196,850,584 |
$242,930,943 |
|
(1) Losses occurring within a fixed period, whether or not adjusted or paid during the same period, after reinsurance transactions.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.