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Tag: auto claim frequency

IRC: U.S. Auto Claim Severity Surged During Pandemic

CA prosecutor sues USAA

While U.S. auto claim frequency has declined over the past 20 years, claim severity increased and then surged since the global pandemic began in 2020, according to a newly published report from the Insurance Research Council (IRC), a division of The Institutes.

Published July 26, 2023
Categorized as Show on Homepage Tagged auto claim frequency, auto insurance rates, global pandemic, IRC
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