Passenger Vehicle Collision Coverage Insurance Losses, 2021-2023 Model Years
| Claim frequency (1) | Claim severity | Overall loss (2) | |
|---|---|---|---|
| Passenger cars (3) | 7.6 | $9,782 | $747 |
| Pickups | 5.5 | 9,512 | 524 |
| SUVs | 5.7 | 9,608 | 549 |
| All passenger vehicles (4) | 6.2 | $9,655 | $596 |
(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.