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Wednesday, 16 December 2020 18:14

CCC AutoClaims Snapshot---November 2020

Index

...vehicle travel was down only 5% on Thanksgiving Day versus 20% early in November.

 

Overall claim counts remain down 20% year-to-date through November, excluding comprehensive, which are down 24%. With the CDC recommending people not travel during the upcoming December and New Year’s holidays, it is unlikely claim counts will recover substantially during the final month of the year.

 

As we look forward to early CY 2021, promising news on several vaccines suggest we will start to see some improvement in travel during the second half of the year, which should lift claim counts up over CY 2020, but likely keep them below where they were in CY 2019.

 

Source: CCC

 

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