In 2022, losses related to liability insurance claims accounted for 56 percent of private passenger auto payouts in the United States. In that year, liability auto insurance losses in the U.S. amounted to approximately 117.9 billion U.S. dollars and auto insurance losses from physical damage claims amounted to 91 billion U.S. dollars.
Incurred losses for private passenger auto insurance in the United States from 2012 to 2022, by type
(in billion U.S. dollars)
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Insurance Information Institute. (September 1, 2023). Incurred losses for private passenger auto insurance in the United States from 2012 to 2022, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 23, 2025, from https://www.statista.com/statistics/428991/incurred-losses-for-private-auto-insurance-usa-by-type/?__sso_cookie_checker=failed
Insurance Information Institute. "Incurred losses for private passenger auto insurance in the United States from 2012 to 2022, by type (in billion U.S. dollars)." Chart. September 1, 2023. Statista. Accessed January 23, 2025. https://www.statista.com/statistics/428991/incurred-losses-for-private-auto-insurance-usa-by-type/?__sso_cookie_checker=failed
Insurance Information Institute. (2023). Incurred losses for private passenger auto insurance in the United States from 2012 to 2022, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 23, 2025. https://www.statista.com/statistics/428991/incurred-losses-for-private-auto-insurance-usa-by-type/?__sso_cookie_checker=failed
Insurance Information Institute. "Incurred Losses for Private Passenger Auto Insurance in The United States from 2012 to 2022, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Sep 2023, https://www.statista.com/statistics/428991/incurred-losses-for-private-auto-insurance-usa-by-type/?__sso_cookie_checker=failed
Insurance Information Institute, Incurred losses for private passenger auto insurance in the United States from 2012 to 2022, by type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/428991/incurred-losses-for-private-auto-insurance-usa-by-type/?__sso_cookie_checker=failed (last visited January 23, 2025)
Incurred losses for private passenger auto insurance in the United States from 2012 to 2022, by type (in billion U.S. dollars) [Graph], Insurance Information Institute, September 1, 2023. [Online]. Available: https://www.statista.com/statistics/428991/incurred-losses-for-private-auto-insurance-usa-by-type/?__sso_cookie_checker=failed
