Citation

Abramson P, Yedlin M, Napolitano E. Transp. Res. Rec. 1985; 1047: 72-76.

Copyright

(Copyright © 1985, Transportation Research Board, National Research Council, National Academy of Sciences USA, Publisher SAGE Publishing)

DOI

unavailable

PMID

unavailable

Abstract

Examined in this paper are several different damage criteria that are currently applicable toward identifying bumper-involved insurance claims. The implications of each of these criteria in influencing the results of claims analyses are presented. In addition, a new cost-effectiveness measure, E, which is the product of insurance claim proportion and the average repair cost of these claims, is developed to quantify the risk or expected expense of repairing a vehicle in the first year of ownership due to a low-speed accident. The usefulness of this measure in performing insurance claim analyses is demonstrated.

Language: en

Keywords

TRANSPORTATION - Costs; VEHICLES; AUTOMOBILES - Bumpers