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You are here: Home / Research / Collision Claims and Losses Continued Down Trend in Second Quarter Compared to 2023

Collision Claims and Losses Continued Down Trend in Second Quarter Compared to 2023

October 30, 2024 By CollisionWeek Editor

Quarterly collision claim counts were down for the fifth quarter in a row compared to the previous year.

The latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS) showed that the decline in collision claims continue as claims on a quarterly basis were down for the fifth consecutive quarter compared to the previous year. Losses were also down on a quarterly basis compared to the same quarter last year for the fourth month in a row.

Collision coverage claims for the second quarter of 2024, at over 1.44 million, were down more than 150,000, or

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

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