AUTOMOBILE INSURANCE LOSSES COLLISION COVERAGES. INITIAL RESULTS FOR 1983 MODELS
This Highway Loss Data Institute report presents results of the collision coverage loss experience of 1983 model year passenger cars during their first months of availability. The principal findings are: (1) The overall claim frequency for all 1983 models compared to all 1982 models decreased by five percent and the average loss payment per claim increased by six percent, resulting in an unchanged average loss payment per insured vehicle year; (2) Sports and specialty models had the worst collision coverage loss results and station wagons the best. Generally, four-door models had better results than corresponding two-door models and bigger cars better results than smaller ones; (3) There were large variations in the collision coverage loss experience of individual vehicle series, even among cars of the same body style group and size class; (4) The relative mix of exposure by car size changed from 1982 to 1983 with large cars increasing their share. The percentage of the total exposure for 1983 large cars compared to corresponding 1982 models increased from 15 to 24 percent and for small subcompacts decreased from 30 to 23 percent; and (5) Large increases in claim frequencies were noted for 1983 Honda Civics and Accords which were equipped with 2.5 mph bumpers compared to corresponding 1982 models with 5 mph bumpers.
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Corporate Authors:
1005 North Glebe Road
Arlington, VA United States 22201 - Publication Date: 1983-7
Media Info
- Features: Appendices; Figures; Tables;
- Pagination: 24 p.
Subject/Index Terms
- TRT Terms: Automobile insurance; Automobiles; Bumpers; Insurance claims; Liability insurance; Loss and damage claims; Losses; Motor vehicles; Sports cars; Station wagons
- Old TRIS Terms: Four door vehicles; Two door vehicles
- Subject Areas: Freight Transportation; Safety and Human Factors;
Filing Info
- Accession Number: 00381825
- Record Type: Publication
- Source Agency: National Highway Traffic Safety Administration
- Report/Paper Numbers: HLDI R83-1, HS-035 566
- Files: HSL, USDOT
- Created Date: Feb 29 1984 12:00AM