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Q: auto insurance claims ( Answered 3 out of 5 stars,   0 Comments )
Question  
Subject: auto insurance claims
Category: Business and Money
Asked by: idoink-ga
List Price: $50.00
Posted: 15 Jan 2006 13:14 PST
Expires: 14 Feb 2006 13:14 PST
Question ID: 433726
how many auto insurance claims are there each year on the usa
Answer  
Subject: Re: auto insurance claims
Answered By: bobbie7-ga on 16 Jan 2006 12:37 PST
Rated:3 out of 5 stars
 
Hello Idoink,   


According to an article published by Automotive Body Repair News (
ABRN ) a monthly trade publication serving  the collision repair
industry there are approximately 9 million auto insurance claims
annually.


Relevant Excerpt:

?CIC?s Information Technology Committee organized the panel after
conducting a survey of shop owners at CIC earlier this year. Cindy
Schnier, co-chairman of the committee, said that while the sample size
was small, the study found that on average, shops have to rekey data
from printed insurer estimates into their own estimating systems for
about 28 percent of their jobs. Schnier said that equates to about
2.52 million of the approximately 9 million auto insurance claims
annually.?

ABRN
http://www.abrn.com/abrn/article/articleDetail.jsp?id=109552


-----------------------------------------------------------------------------


Approximately 9 million auto insurance claims annually 

Cindy Schnier, co-chairman of the committee said the study found that
on average, shops have to rekey data from printed insurer estimates
into their own estimating systems for about 28 percent of their jobs.
Schnier said that equates to about 2.52 million of the approximately 9
million auto insurance claims annually.

Autobody Online 
http://www.autobodyonline.com/whatsnew/feature/archive_story.cfm?date=11/22/2004

-----------------------------------------------------------------------------

Additional information that might interest you:


Common Auto Insurance Claims
http://www.esurance.com/insurance/claims.asp
 



Search criteria:
"million auto  *  claims " 
"million auto insurance claims
auto OR automobile insurance industry claims filed automobile OR auto claims
number of auto OR automobile insurance claims filed


I hope the information provided is helpful!

Best regards,
Bobbie7

Request for Answer Clarification by idoink-ga on 17 Jan 2006 04:01 PST
You will need to find a another source to confirm this.  I was
thinking the source would be a report rather than a comment.

The 9 Million figure is useful however I can readily find other
comments that contradict it.

There are 235 million motor vehicles registered in the USA and the US
Department of Transportation estimates that the typical driver will
have a near automobile accident one to two times per month and all
will be in a collision of some type on average of every 6 years.

This places the number of accidents at around 40 million per annum

Clarification of Answer by bobbie7-ga on 17 Jan 2006 04:21 PST
Idoink,

Thank you for your clarification. I'll try to find other sources of information.

Sincerely,
Bobbie7

Clarification of Answer by bobbie7-ga on 17 Jan 2006 08:05 PST
This is what I located so far.

From the NC Times:

"California drivers submit at least 1 million auto insurance claims every year."

http://www.nctimes.com/articles/2004/10/25/news/state/19_57_0410_24_04.txt

I will keep on searching for more information.

Thank you for your patience, 

Bobbie7

Clarification of Answer by bobbie7-ga on 17 Jan 2006 08:15 PST
I sent out an email to the  NAIC  and to other insurance associations.

When I hear from them I will let you know. 

Thank you,
Bobbie7

Clarification of Answer by bobbie7-ga on 17 Jan 2006 09:18 PST
Putting It In Perspective

About 10 percent of collision claims in the United States result in
the cars being totalled, according to Larry Costin at CCC Information
Services, a company that tracks auto claims for the insurance
industry. There are approximately 20 million accidents each year, and
approximately 2 million total losses.

As another example, State Farm insures about 37 million cars. It
estimates that it totals about 500,000 cars a year in auto claims

Yahoo Finance
http://finance.yahoo.com/insurance/auto/articles/article/101724/What_To_Do_When_Your_Auto_Insurer_Totals_Your_Car

Clarification of Answer by bobbie7-ga on 17 Jan 2006 11:41 PST
I received replies from the following websites saying they don?t have
the information you?re looking for.


The Insurance Journal
www.insurancejournal.com

National Association of Insurance Commissioners 
www.naic.org

Insurance Information Institute 
www.iii.org


Perhaps this tidbit of information might be helpful.

From J.D. Power and Associates 2001 Homeowners Insurance Study:
?Only 18 percent of consumers report that they filed a claim against
their homeowners insurance policy in the last three years, compared to
nearly 35 percent of those who filed a claim against their auto
insurance policy during the same period.?
http://www.jdpa.com/presspass/pr/pressrelease.asp?ID=190

Clarification of Answer by bobbie7-ga on 17 Jan 2006 12:34 PST
The source of the figure I provided was from Ms. Cindy Schnier
Co-chairman of CIC?s Information Technology Committee .

Her biography and contact information is available here:
http://www.verifactsauto.com/aboutus/cindy.htm


In any case, I hope I will receive responses from other Insurance Associations.

Best regards, 
Bobbie7
idoink-ga rated this answer:3 out of 5 stars

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