Higher injury claim costs with lighter weight vehicles; implications of rising gas prices considered

  Friday, August 29th, 2008 Source: National Association of Mutual Insurance Companies (NAMIC)

The cost of auto injury claims involving lighter-weight vehicles tends to be higher than the cost of claims involving heavy vehicles, according to new research from the Insurance Research Council. These findings may have important implications for those seeking to understand how higher gas prices will affect auto insurance costs.

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