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Wednesday, 14 October 2020 16:15

CCC AutoClaims Snapshot---September 2020

Index

Repairable appraisal counts for the industry in September 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 led to large upticks in volume versus August 2019; while states such as Colorado, North Carolina, South Carolina and Texas actually saw fewer comprehensive claims in September 2020 versus September 2019.

 

Among the major weather events in September 2019 that led to a larger number of comprehensive claims than seen this year include Hurricane Dorian in the Carolinas, severe convective storms in Colorado and Tropical Storm Imelda in Texas.

 

This September, states with significant increase in comprehensive losses include California, Oregon, Utah and Washington due to wildfires, and Alabama, Florida and Louisiana from Hurricanes Sally and Laura.

 

Year to date volume remains down more than 20% across all loss categories, while non-comprehensive losses remain down more than 25%.

 

Labor Day Weekend occurred one week earlier in 2020 than in 2019, and the U.S. Bureau of Transportation Studies estimates Americans took 2.8 billion fewer trips over Labor Day Weekend 2020 versus Labor Day Weekend 2019. Overall, the total number of trips and the total number of local trips (less than 50 miles) were down 38% Labor Day Weekend 2020 from last year.


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