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Thursday, 14 January 2021 16:39

CCC Auto Claims Snapshot---December 2020

Index

...off the roads altogether, working remote and doing much of their holiday shopping online.

 

As we enter 2021, several vaccines have been approved, and while vaccinations are occurring, they are not occurring at the speeds desired. Yet most analysts predict the second half of the year will see strong recovery, particularly if the virus can be better brought under control, and more government aid is provided.

 

So, while 2020 saw a never-before seen drop in vehicle accidents and claims, as the economy slowly re-emerges, we expect to see 2021 volumes also recover, perhaps reaching 2019 levels later in the year.

 

Source: CCC

 

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