In our last article, we discussed collision claims and the largest and smallest losses on vehicles. This information gives consumers an idea on how expensive it is to repair a vehicle after an accident that is their fault. In today’s post we are going to be discussing losses on vehicles when it comes to injury data, to fill out the “safety picture” of a vehicle.
Injury Insurance Coverage
Here are some important distinctions:
- Medical Payment insurance coverage pays for injuries to an at-fault driver or passengers in the driver’s vehicle.
- Bodily Injury Liability insurance pays for injuries that an at-fault driver causes to occupants of other vehicles or others on the road.
- Personal Injury Protection (PIP) coverage is sold in Florida, which pays for injuries to occupants of the insured vehicle no matter who is at fault. Learn more about PIP coverage here.
With those descriptions, PIP and Medical Payment coverage can show how well a vehicle protects its occupants. Consumers can use injury loss data in comparison to the coverage they need to make an informed buying decision. It’s also important to note that injury claim frequencies are affected by many factors, including how often a car is driven and what roads it is driven on. Normally, larger heavier models with good safety ratings have quality protection.
Best and Worst Injury Insurance Losses
When it comes to PIP, the worst loss from 2014-16 models comes from the Mitsubishi Lancer, which is a smaller 4-door car. It has a claim frequency about 115% more than the average. As expected, the cars with the highest PIP frequencies are smaller cars for the most part. Coming in as the lowest claim frequency is the midsize Porsche 911 Carrera 2-door which is at 74% less than the average.
For Medical Payment the very large pickup Ford F-250 Supercab 4wd comes in with lowest claim frequency at 57% less than the average. The mini four-door Kia Rio comes in as the worst at 114% worse than the average.
Finally, for Bodily Injury Liability, the lowest claim frequency goes to the midsize Chevy Corvette 2-door at 62% less than the average, while the Mitsubishi Lancer 2WD, same car as in PIP has the highest claim frequency at 82% over the average.
To check your vehicles numbers up to year 2016 click here! This data can give you a good idea of how protected you are in your vehicle.