CCC Trends

CCC Trends with Susanna Gotsch – June 2020

CCC Corporate / CCC Trends /

Historically, Memorial Day weekend losses have accounted for “approximately 30 percent of non-comprehensive losses for the full month of May.” In the midst of the COVID-19 crisis, Memorial Day weekend auto trends will likely be very different from prior years. In this month’s edition of CCC Trends, Susanna Gotsch predicts what Memorial Day weekend 2020 […]

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CCC AutoClaims Snapshot – September 2020

CCC Corporate / CCC Trends, Industry News /

Repairable appraisal counts for the industry in September 2020 remained down from the same month last year, with the decline in September increasing again versus the August year-over-year change. Significant weather events in states such as Iowa, Illinois, and the Northeast in August 2020 led to large upticks in volume versus August 2019; while states […]

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CCC Trends with Susanna Gotsch – COVID-19 Disrupts and Accelerates Demographic Trends

CCC Corporate / CCC Trends, Industry News, Research /

CCC Trends - October 2020 The ‘shelter-at-home’ directive that took place across most of the U.S. this spring shed new light on just how different ‘home’ is across the U.S., and led to a number of new, enhanced, accelerated or disrupted demographic trends. Time spent commuting to work grew in the last two decades as populations gravitated toward metro areas […]

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CCC Trends with Susanna Gotsch – Claims Frequency Down Yet Repair Costs and Time Remain Up in Q2 2020

CCC Corporate / CCC Trends, Industry News, Uncategorized /

CCC Trends, September 2020 With numerous public insurers reporting Q2 2020 and first half CY 2020 results, a common theme has emerged. Collision and property damage liability claim frequencies for Q2 2020 were reported down between 20 – 40 percent, while claim severities were reported up between 10 – 20 percent. In this month’s edition of CCC Trends, analyst […]

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CCC Auto Claims Snapshot – June 2020

Michelle Hellyar / Auto Claims Snapshot, CCC Trends, Data, Telematics /

Map showing repairable claims volume by state for June 2020. Industry-wide repairable appraisal counts saw further recovery in June 2020 versus June 2019, with counts down across all loss categories only -25.7 percent versus -34.5 percent in May 2020. Overall, Q2 2020 repairable appraisal counts were down -35.0 percent, with every state registering a decline from Q2 2019, despite several states such as South Dakota […]

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CCC Trends with Susanna Gotsch – Increase Risk of an Open Road

CCC Corporate / CCC Trends /

  COVID-19 is dramatically changing driving behavior nationwide. While claims and miles driven are decreasing, one thing has increased – drivers’ appetite for risk. The reduction in U.S. daily trips taken and miles driven resulted in 65 percent less miles traveled in April 2020 versus January 2020. Speeding during COVID-19 increased by 27 percent. In […]

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CCC Auto Claims Snapshot – May 2020

Michelle Hellyar / Auto Claims Snapshot, Auto Insurance, CCC Trends, COVID-19 /

Map of May Auto Claims in the US Miles driven and daily traffic volume fell sharply in mid-March, as states began to issue shelter-at-home directives. At its lowest point, nationwide passenger vehicle travel was down nearly 50 percent. Not surprisingly, CCC saw a significant drop in auto claims activity. While volume in January and February 2020 was essentially flat to the same period […]

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CCC Trends with Susanna Gotsch – May 2020

CCC Corporate / CCC Trends /

In this month’s edition of CCC Trends, Susanna Gotsch analyzes emerging auto accident trends due to COVID-19– from shifts in the total cost of repair, impact on vehicle sales to severe weather. To check out the rest of the #CCCTrends series, visit CCC’s YouTube channel. Download the full pdf here.

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