(This article was first published in Insurance Networking News.) With economic recovery and cheap gasoline prices, Americans have taken to the road again. With many in the midst of planning for 2017, understanding how increased miles driven may drive up auto claim frequency further is top of mind. In this article we’ll discuss some of […]
Increases in auto claim frequency have been a topic of great interest to all in our industry. Miles driven in the U.S. had been trending up slowly coming out of the recession, but when gas prices dropped, miles driven began to increase again. Overall miles driven rose 3.5% in CY 15 versus the prior […]
Factors driving up auto claim frequency are closely monitored by many in our industry. This episode of CCC Trends explores the interesting dynamics of gas prices, miles driven and traffic safety across the nation. Miles driven in the U.S. had been trending up slowly coming out of the recession, but when gas prices dropped, miles […]