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You are here: Home / Research / Collision Claims and Losses Continued Down Trend in Fourth Quarter of 2024 Compared to Previous Year

Collision Claims and Losses Continued Down Trend in Fourth Quarter of 2024 Compared to Previous Year

April 24, 2025 By CollisionWeek Editor Leave a Comment

Quarterly collision claim counts were down for the seventh 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 continued as claims on a quarterly basis were down for the seventh consecutive quarter compared to the previous year. Losses were also down on a quarterly basis compared to the same quarter last year for the sixth month in a row.

Collision coverage claims for the fourth quarter of 2024, at over 1.40 million, were down more than 140,000, or

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

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