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You are here: Home / News / HLDI: Total Payouts for Vehicle Damage by Hail Top $7 billion in 2008-14

HLDI: Total Payouts for Vehicle Damage by Hail Top $7 billion in 2008-14

June 13, 2016 By CollisionWeek Editor

Highway Loss Data Institute analysis of insurance losses to vehicles shows that 2011 and 2014 were the costliest years for hail-related claims in the U.S.

An updated analysis by the Highway Loss Data Institute (HLDI) of insurance losses to vehicles shows that 2011 and 2014 were the costliest years for hail-related claims in the U.S. during the 2008-14 study period, and losses were concentrated in the country’s midsection.

HLDI has been studying the frequency, severity and cost of these claims for several years. Using information from insurers about weather-related losses under comprehensive coverage, HLDI analysts matched the dates of those

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Filed Under: News Tagged With: Claims, Hail, Highway Loss Data Institute

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