Same Car, Same Accident. EVERY Carrier is Feeling it!
2014 Acura and a 2016 Acura.
Cost of Claim 100% more than the 2014 Acura.
Frequency is up given, cheap gas and distracted drivers
Severity is through the roof because the same fender bender is now 100% more expensive than it was before because the bumper now has 10 sensors in it and a camera. and can park itself.
Industry is hurting. How does that play out in your agency?
It's been a long time but Shawn Michael Walker is Back Baby!
Source of insurance-forums.net
2014 Acura and a 2016 Acura.
Cost of Claim 100% more than the 2014 Acura.
Frequency is up given, cheap gas and distracted drivers
Severity is through the roof because the same fender bender is now 100% more expensive than it was before because the bumper now has 10 sensors in it and a camera. and can park itself.
Industry is hurting. How does that play out in your agency?
It's been a long time but Shawn Michael Walker is Back Baby!
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