HOMEOWNERS INSURANCE LOSSES, 2005-2009 (1)
  Total homeowners
losses
  Total homeowners
losses
Year Claim
frequency (2)
Claim
severity (3)
  Claim
frequency (2)
Claim
severity (3)
2005 5.74 $8,705 2008 6.84 $7,560
2006 5.19 6,862 2009 6.02 8,116
2007 4.86 8,117 Average (4) 5.73 7,876

(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, 2005-2009.

Source: ISO, a Verisk Analytics company.