| Passenger Vehicle Collision Coverage Insurance Losses, 2020-2022 Model Years |
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Claim frequency (1) |
Claim severity |
Overall loss (2) |
| Passenger cars (3) |
7.5 |
$8,759 |
$655 |
| Pickups |
5.5 |
8,606 |
472 |
| SUVs |
5.6 |
8,755 |
486 |
| All passenger vehicles (4) |
6.1 |
$8,739 |
$532 |
(1) Per 100 insured vehicle years.
(2) Represents the average loss payment per insured vehicle year.
(3) Includes minivans.
(4) Includes claims from cargo/passenger vans.
Source: Highway Loss Data Institute. |
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