Auto Claims Count Data Reflects Slow Growth
Posted by By Susanna Gotsch, director, industry analyst for CCC Information Services Inc. on Jun 7th 2018
Private passenger auto insurance had been experiencing a steady rate of declining claim frequency over the last two decades with a variety of factors having been identified as contributors to the trend, including an aging population, fewer miles driven, graduated licensing for teenagers, higher deductibles and more vehicles than drivers.Several additional factors came into play with the recession, including higher unemployment and fewer miles driven.
Recovery post-recession however occurred not
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