The Insurance Institute for Highway Safety and the Highway Loss Data Institute have released their findings on insurance losses on vehicles built between 2007 and 2009. The data covers until May of this year, and splits the losses into a total of six categories: collision, property damage, comprehensive, personal injury, medical payments and bodily injury. With each category, vehicles are then separated according to their size.
The Highway Data Loss Institute has churned out its official list of vehicles with the highest and lowest insurance claims for theft. The study combines the rate of insurance claims per vehicle as well as the cost of those claims, helping companies that supply coverage determine exactly how much to charge us poor saps. The Cadillac Escalade took top honors this year with $146 in theft loss payments per insured vehicle, per year. On average, insurance companies pay out around $11,934 per theft cl