The Model S had higher
collision claim frequencies, severities and overall losses than other large luxury cars.
The updated rear - vision camera results show reductions in PDL and
collision claim frequencies.
When the Institute estimated the potential of this technology in 2010, researchers expected it could reduce single - vehicle run - off - road crashes, which would be reflected in
collision claim frequency.
Volvo's Active Bending Lights reduce property damage liability claim frequency as well as bodily injury claim frequency, but there was not a corresponding reduction in
collision claim frequency.
Not exact matches
For example, with Mercedes» basic forward
collision warning system, the
frequency of
collision claims inched down 3 percent, but severity shot up by $ 813.
Claim frequency under
collision coverage, which includes many of the same crashes that fall under property damage liability but also a lot of single - vehicle crashes that these systems are not designed to address, also was reduced but by a smaller amount.
HLDI analysts looked at how each feature affected
claim frequency under property damage liability (PDL) insurance, which covers damage to another vehicle caused by the insured vehicle, and
collision insurance, which covers damage to the insured vehicle.
However, in some cases,
collision claim severity went up sharply even when
frequency didn't go down or fell only slightly.
The radar - based system showed reductions in
claim frequency for all coverages except
collision and personal injury protection, which is sold in states with no - fault insurance systems and covers injuries to people in the insured vehicle.
The
frequency of both
collision and property damage liability
claims is lower for vehicles that have it than for those that don't.
Both
collision and PDL
claim frequency decreased significantly for vehicles with Night View Assist or Night View Assist Plus.
Forward
Collision Warning combined with Lane Departure Warning is associated with
claim frequency reductions across coverages.
Property damage liability
claim frequencies for Acura and Mercedes - Benz models were 14 percent lower when equipped with forward
collision warning with autobrake than when they weren't.
In crashes of all severities, the
frequency at which insurance
collision claims were filed was 21 percent lower for the ABS models.
In fact, such bans are associated with a slight increase in the
frequency of insurance
claims filed under
collision coverage for crash damage.
Under
collision coverage, for example, analysts estimated that the Model S's mileage - adjusted
claim frequency was 37 percent higher than the comparison group,
claim severity was 64 percent higher, and overall losses were 124 percent higher.
Under
collision and property damage liability coverages, the seven electric vehicles with exact conventional counterparts had lower
claim frequencies and higher
claim severities than their comparison vehicles.
Analysts compared the loss experience of the Model S, the Nissan Leaf and seven other electric vehicles with losses for similar conventional vehicles under
collision and property damage liability coverages and adjusted
claim frequencies for mileage, based on data provided by CARFAX.
Change in property damage liability
claim frequency by driver age with forward
collision and lane departure warning
HLDI found that
claim frequency under
collision insurance, which covers damage to the insured vehicle, was 5 percent lower for vehicles with the park assist feature than for those without, while
claims under property damage liability, which covers damage to other vehicles, were 17 percent lower.
To come up with that number, the data institute compared the
frequency of
collision claims in Colorado, Oregon and Washington with the
frequency in neighboring states.
However, car insurance does come in very handy (the average driver gets in a handful of
collisions over his or her lifetime, and the
frequency of
claims is continuing to rise), protecting drivers from potentially financially devastating events.
The chart below shows the
claim frequency and average loss payment per
claim and average loss payment per insured vehicle year under
collision coverage for recent model vehicles.