Research

This update to the IRC’s longstanding Trends in Auto Claims series examines two decades of frequency, severity, and average loss costs for three vehicle damage coverages and two auto injury coverages. It also documents the claims impact of the COVID-19 pandemic.

This report examines homeowners insurance claim frequency, severity, and loss cost trends over two decades. The report reviews countrywide trends for all claim types and policy forms combined; then by catastrophe- and non-catastrophe- related claims; and finally, by policy form.

Uninsured motorists (UM) are drivers who operate motor vehicles without having liability insurance coverage to compensate others for injuries or physical damage resulting from auto accidents in which they were at fault, despite near-universal legal requirements.

This Research Brief examining personal auto affordability in Florida includes comparisons of various cost drivers of auto insurance costs. 

This report expands on previous IRC research on consumer attitudes and opinions with respect to personal auto insurance telematics and usage-based insurance (UBI). The report finds that more U.S. drivers are open to opting into UBI programs to save on their auto insurance premiums.

The focus of this study is the public’s knowledge of and attitudes on issues around credit history, credit scores, and the use of credit-base insurance scores as an insurance rating factor. It also looks at perceptions of auto insurance affordability.

This research expands on previous IRC research on personal auto insurance affordability. IRC measures affordability with the ratio of auto insurance expenditures to median household income.

This study examines public attitudes on issues around litigation and the impact on insurance.

This Research Brief updates auto insurance affordability trends through 2018.