CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / Research / Collision Claims Down Over 20% in 2020 Compared to Previous Year

Collision Claims Down Over 20% in 2020 Compared to Previous Year

May 11, 2021 By CollisionWeek Editor

While improving versus the over 35% decline in second quarter, the fourth quarter was still down substantially. Earned car years grew at highest rate since 2017.

The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the historic impact of coronavirus lockdowns on private passenger collision claims continued through the fourth quarter of 2020.

Collision coverage claims for the fourth quarter of 2020 were down 18.8% compared to the fourth quarter of 2019 showing the continuing impact of the pandemic. In the third quarter, collision claims were down 21.1%. In the second quarter

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: Research Tagged With: Claim Frequency, Claims, Earned Car Years, Losses

Connect

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems BASF Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Certification Collision Repair Education Foundation Copart Coronavirus Diagnostics Donations Earnings Florida General Motors I-CAR Insurance Auto Auctions Lawsuits legislation LKQ Corporation Mitchell International National Auto Body Council Network Affiliations Non-OEM Parts Openings People PPG Industries Regulations Service King Collision Repair Centers Texas United Kingdom Women's Industry Network Workforce Development

Recent Articles

  • Rhode Island Legislation Seeks to Double Threshold Before Physical Inspection Required on Collision Repair Claims May 19, 2022
  • Copart Reports Revenue of $939.9 Million in Fiscal Third Quarter May 19, 2022
  • ASA Honors Members and Elects Board at Annual Business Meeting May 19, 2022
  • Clyde Douglas Named SVP and General Manager, Claims at USAA May 19, 2022
  • Nominations Open for I-CAR’s Russ Verona Memorial Award and Jeff Silver Award May 19, 2022
  • Interview: Lucky Papageorg on Special Commission on Auto Body Labor Rates in Massachusetts Report May 18, 2022
  • Incline Equity Partners Invests in Certified Collision Group May 18, 2022

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2021 - QuanDec Corporation - All Rights Reserved ยท Log in