Collision Claims Continue to Increase

In a sobering trend for insurers, but a good sign for repairers, Fast Track reporting data from the Independent Statistical Service, showed that claims and losses in 4Q-2021 continued to rebound from the Covid impacted results from 2020. 

As reported in Collision Week, collision coverage claims for the fourth quarter of 2021 were up 17% compared to the fourth quarter in 2020. There were more than 233,000 more collision claims in the fourth quarter of 2021 compared to the same quarter in 2020.  

Read the Full Story here.  

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