As families prepare to hit the road this Thanksgiving week, new data from Progressive Insurance (NYSE:PGR) details potential accident risks from the day before Thanksgiving, known as Black Wednesday, through Cyber Monday.
Progressive pulled claims data from the week of Thanksgiving, dating back to 2010. When compared to the data from the two weeks before and two weeks after the holiday week, Thanksgiving week stood out, showing a jump in claims at some significant times for consumers.
- Black Wednesday accidents increased by 25 percent. The biggest jumps took place in Texas (40%), Ohio (32%) and New