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8 tables in this archive

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Archived Tables

Homeowners Insurance Losses, 2016-2020 (1)

  Total homeowners losses   Total homeowners losses
Year Claim frequency (2) Claim severity (3) Year Claim frequency (2) Claim severity (3)
2016 5.03 $11,977  2019 5.29 13,868 
2017 6.38 15,131  2020 6.01 13,955 
2018 6.23 14,424 Average (4) 5.79 13,962 

(1) For homeowners multiple peril policies (HO-2, HO-3, HO-5 and HE-7 for North Carolina). Excludes tenants and condominium policies. Excludes Alaska, Texas and Puerto Rico.
(2) Claims per 100 house-years (policies). One house-year represents policy coverage on a dwelling for 12 months.
(3) Average amount paid per claim; based on accident year incurred losses, excluding loss adjustment expenses, i.e., indemnity costs per accident year incurred claims.
(4) Weighted average, 2016-2020.

Source: ISO®, a Verisk Analytics® business.

Homeowners Insurance Losses, 2015-2019 (1)

  Total homeowner losses   Total homeowners losses
Year Claim
frequency (2)		 Claim
severity (3)		 Year Claim
frequency (2)		 Claim
severity (3)
2015 5.75 $11,440 2018 6.21 $14,826
2016 5.03 11,973 2019 5.13 13,653
2017 6.24 15,501 Average (4) 5.67 $13,582

(1) For homeowners multiple peril policies (HO-2, HO-3, HO-5 and HE-7 for North Carolina). Excludes tenants and condominium policies. Excludes Alaska, Texas and Puerto Rico.
(2) Claims per 100 house-years (policies). One house-year represents policy coverage on a dwelling for 12 months.
(3) Average amount paid per claim; based on accident year incurred losses, excluding loss adjustment expenses, i.e., indemnity costs per accident year incurred claims.
(4) Weighted average, 2015-2019.

Source: ISO®, a Verisk Analytics® business.

Homeowners Insurance Losses, 2014-2018 (1)

  Total homeowner losses   Total homeowners losses
Year Claim
frequency (2)		 Claim
severity (3)		 Year Claim
frequency (2)		 Claim
severity (3)
2014 5.19 $11,319 2017 6.36 $16,517
2015 5.92 11,748 2018 5.73 15,855
2016 4.94 12,628 Average (4) 5.64 $13,814

(1) For homeowners multiple peril policies (HO-2, HO-3, HO-5 and HE-7 for North Carolina). Excludes tenants and condominium policies. Excludes Alaska, Texas and Puerto Rico.
(2) Claims per 100 house years (policies).
(3) Average amount paid per claim; based on accident year incurred losses, excluding loss adjustment expenses, i.e., indemnity costs per accident year incurred claims.
(4) Weighted average, 2014-2018.

Source: ISO®, a Verisk Analytics® business.

Homeowners Insurance Losses, 2013-2017 (1)

  Total homeowners losses   Total homeowners losses
Year Claim
frequency (2)		 Claim
severity (3)		 Year Claim
frequency (2)		 Claim
severity (3)
2013 4.87 $10,603 2016 5.12 $12,502
2014 5.23 11,274 2017 6.26 15,532
2015 6.04 11,721 Average (4) 5.51 $12,474

(1) For homeowners multiple peril policies (HO-2, HO-3, HO-5 and HE-7 for North Carolina). Excludes tenants and condominium policies. Excludes Alaska, Texas and Puerto Rico.
(2) Claims per 100 house years (policies).
(3) Average amount paid per claim; based on accident year incurred losses, excluding loss adjustment expenses, i.e., indemnity costs per accident year incurred claims.
(4) Weighted average, 2013-2017.

Source: ISO®, a Verisk Analytics® business.

Homeowners Insurance Losses, 2012-2016 (1)

  Total homeowners losses   Total homeowners losses
Year Claim
frequency (2)		 Claim
severity (3)		 Year Claim
frequency (2)		 Claim
severity (3)
2012 7.68 $8,842 2015 6.13 $11,520
2013 5.03 10,512 2016 5.28 11,666
2014 5.46 11,105 Average (4) 5.92 $10,592

(1) For homeowners multiple peril policies (HO-2, HO-3, HO-5 and HE-7 for North Carolina). Excludes tenants and condominium policies. Excludes Alaska, Texas and Puerto Rico.
(2) Claims per 100 house years (policies).
(3) Average amount paid per claim; based on accident year incurred losses, excluding loss adjustment expenses, i.e., indemnity costs per accident year incurred claims.
(4) Weighted average, 2012-2016.

Source: ISO®, a Verisk Analytics® business.

Homeowners Insurance Losses, 2011-2015 (1)

  Total homeowners losses   Total homeowners losses
Year Claim
frequency (2)		 Claim
severity (3)		 Year Claim
frequency (2)		 Claim
severity (3)
2011 9.73 $8,492 2014 5.44 $11,096
2012 7.66 8,850 2015 5.93 11,402
2013 5.02 10,492 Average (4) 6.78 $9,779

(1) For homeowners multiple peril policies (HO-2, HO-3, HO-5 and HE-7 for North Carolina). Excludes tenants and condominium policies. Excludes Alaska, Texas and Puerto Rico.
(2) Claims per 100 house years (policies).
(3) Average amount paid per claim; based on accident year incurred losses, excluding loss adjustment expenses, i.e., indemnity costs per accident year incurred claims.
(4) Weighted average, 2011-2015.

Source: ISO®, a Verisk Analytics® business.

Homeowners Insurance Losses, 2010-2014 (1)

  Total homeowners losses   Total homeowners losses
Year Claim
frequency (2)		 Claim
severity (3)		 Year Claim
frequency (2)		 Claim
severity (3)
2010 6.77 $8,568 2013 5.01 $10,397
2011 9.98 8,431 2014 5.27 10,750
2012 7.70 8,797 Average (4) 6.98 $9,155

(1) For homeowners multiple peril policies (HO-2, HO-3, HO-5 and HE-7 for North Carolina). Excludes tenants and condominium policies. Excludes Arkansas and Texas.
(2) Claims per 100 house years (policies).
(3) Average amount paid per claim; based on accident year incurred losses, excluding loss
adjustment expenses, i.e., indemnity costs per accident year incurred claims.
(4) Weighted average, 2010-2014.

Source: ISO®, a Verisk Analytics® business.

HOMEOWNERS INSURANCE LOSSES, 2008-2012 (1)

  Total homeowners
losses		   Total homeowners
losses
Year Claim
frequency (2)		 Claim
severity (3)		 Year Claim
frequency (2)		 Claim
severity (3)
2008 6.88 $7,789 2011 9.71 $8,424
2009 6.10 8,400 2012 7.22        8,665
2010 6.63 8,584 Average (4) 7.32 $8,384

(1) For homeowners multiple peril policies. Excludes tenants and condominium policies.
(2) Claims per 100 house years (policies).
(3) Average amount paid per claim; based on accident year incurred losses, excluding loss adjustment expenses, i.e., indemnity costs per accident year incurred claims.
(4) Weighted average, 2008-2012.

Source: ISO®, a Verisk Analytics® company.