Passenger Vehicle Collision Coverage Insurance Losses, 2020-2022 Model Years

 

  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.