Post on 16-Feb-2022
3/10/2015
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www.iihs.org
Stopping the Crash Before it Happens: Collision Avoidance Technology & More
Evaluations of Collision Avoidance Systems Using Insurance DataLifesavers 2015Chicago, IL ● March 15, 2015
Matthew Moore, Vice President, HLDI
The Insurance Institute for Highway Safety, founded in 1959, is an independent, nonprofit, scientific, and educational organization dedicated to reducing the losses — deaths, injuries, and property damage — from crashes on the nation’s roads.
The Highway Loss Data Institute, f d d i 1972 h d t thi i i th h i tifi
www.iihs.org
founded in 1972, shares and supports this mission through scientific studies of insurance data representing the human and economic losses resulting from the ownership and operation of different types of vehicles and by publishing insurance loss results by vehicle make and model.
Both organizations are wholly supported by auto insurers.
• AAA Northern California,Nevada and Utah
• AIG Agency
• Allstate
• American Family
• Amica
• Foremost
• GEICO
• GMAC
• The Hartford
• High Point
• Kentucky Farm Bureau
• 21st Century
• Alfa Alliance
• Allstate
• American Family
• American National Family
• Amica
(Iowa Farm Bureau)
• Farmers
• Florida Farm Bureau
• GEICO
• The Hartford
• Kemper Preferred
• Progressive
• Rockingham
• Safeco
• SECURA
• Sentry
• State Farm
HLDI data providers have 85% share of U.S. auto insurance market
www.hldi.org
• ANPAC
• Auto Club Group
• Automobile Insurers Bureau of Mass.
• Chubb
• COUNTRY
• Erie
• Farm Bureau Financial Services(Iowa Farm Bureau)
• Farmers
• Liberty Mutual
• MetLife
• Nationwide
• PEMCO
• Progressive
• Rockingham
• Safeco
• Secura Insurance
• Auto Club Group
• Automobile Insurers Bureau of Mass.
• Chubb
• COUNTRY
• CSAA
• Erie
• Esurance
• Farm Bureau Financial Services
• Kentucky Farm Bureau
• Liberty Mutual
• MetLife
• National General
• Nationwide
• New Jersey Manufacturers
• PEMCO
• Plymouth Rock Assurance
• Tennessee Farmers
• Travelers
• USAA
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U.S. Auto Insurance 101
www.hldi.org
Collision coverageCovers damage to your vehicle if you are at fault
or
Collision coverage
Collision coverage
www.iihs.org
or
at fault not at fault/other property damage covered
Property damage liability coverageCovers damage you cause to other people’s vehicles and property
or
Property damage liability
www.iihs.org
or
at fault not at fault/other property damage covered
Property damage liability
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Comprehensive coverageCovers theft and damage for reasons other than crashes
www.iihs.org
Tort and no-fault states
MD
DE
DC
MA
OR
RINJ
NH
ME
PA
WV
NC
OH
MI
INIL
WI
IA
MOCO
SD
ID
CA
WA
TN
VTMT ND
NVUT
WY
NE
KS
OKAR
MN
KY VA
NY
CT
www.iihs.org
SC
GA
FL
LA
NM
MS
AZ
TX
AR
AL
AK
HI
no-fault states
Tort states
Medical payment coverageCovers injuries to you and your passengers if you are at fault in states with traditional tort systems
Medical Payment
www.iihs.org
at-fault driver/passengers not at-fault driver/passengers injuries covered
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Bodily injury liability coverageCovers injuries you cause to people in other vehicles in states with traditional tort systems
www.iihs.org
at-fault driver/passengers not at-fault driver/passengers injuries covered
Bodily Injury Liability
Personal injury protection coverageCovers injuries up to a specified amount, regardless of who isat fault, in states with no-fault systems
Personal Injury Protection Personal Injury Protection
www.iihs.org
at-fault driver/passengers not at-fault driver/passengers injuries covered
Insurance measures
• Exposure
– Expressed in insured vehicle years
– One insured vehicle year represents 1 vehicle insured for 1 year or 2 vehicles insured for 6 months
• Claim frequency
– Calculated by dividing claims by exposure
www.hldi.org
– Expressed as the number of claims per selected number of insured vehicle years (exposure)
• Claim severity
– Represents the average cost per claim
– Calculated by dividing dollars paid for all claims by the claim count
• Overall losses
– Represents the average cost per insured vehicle (year)
– Calculated by dividing total dollars paid for claims by exposure
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Covariates1. Demographic variables
A. rated driver age
B. rated driver gender
C. rated driver marital status
D. rated driver risk
2. Geographic variables
www.hldi.org
A. garaging state
B. garaging zip code
C. registered vehicle density (vehicles per square mile)
3. Policy variables
A. deductibles
B. limits
C. effective / terminate dates
Forward collision warning
www.hldi.orgwww.hldi.org
Changes in physical damage claim frequency for front crash prevention systems
0%
10%
20%
warning only warning with autobrakelow speed
www.hldi.orgwww.hldi.org
-30%
-20%
-10%
0%
Volvo City Safety
Honda Accord (with LDW)
Mercedes Volvo Acura Mercedes Subaru (with LDW)
Volvo (with LDW)
PDL
collision
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Changes in injury claim frequency for front crash prevention systems
-40%
0%
40%
80%
warning only warning with autobrakelow speed
bodily injury liability
www.hldi.orgwww.hldi.org
-30%
-20%
-10%
0%
10%
20%
30%
Volvo City Safety
Honda Accord
(with LDW)
Mercedes Volvo Acura Mercedes Subaru (with LDW)
Volvo (with LDW)
MedPay
PIP
-80%Volvo City Safety Honda Accord
(includes LDW)Mercedes Volvo Acura Mercedes Subaru Volvo
(includes LDW)
warning only warning with autobrake
y j y y
$500
$1,000
$1,500
Front crash prevention systemsChange in collision claim severity
warning only warning with autobrakelow speed
www.hldi.orgwww.hldi.org
-$1,000
-$500
$0
$500
Volvo City Safety
Honda Accord (with LDW)
Mercedes Volvo Acura Mercedes Subaru (with LDW)
Volvo (with LDW)
$50
$100
Front crash prevention systemsChange in collision overall losses
warning only warning with autobrakelow speed
www.hldi.orgwww.hldi.org
-$100
-$50
$0
Volvo City Safety
Honda Accord (with LDW)
Mercedes Volvo Acura Mercedes Subaru (with LDW)
Volvo (with LDW)
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Adaptive headlights
www.hldi.orgwww.hldi.org
Adaptive headlightsChange in claim frequency
0%
4%
8%
12%
PDL collision
www.hldi.org
-20%
-16%
-12%
-8%
-4%
Acura Mazda Mercedes Volvo
Adaptive headlightsChange in claim frequency
-10%
0%
10%
Bodily injury liability
www.hldi.org
-20%Acura Mazda Mercedes Volvo
-40%
-30%
-20%
-10%
0%
Acura Mazda Mercedes Volvo
MedPay
PIPMedPay and PIP(1st party injuries)
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Adaptive headlightsChange in collision claim severity
$500
$1,000
www.hldi.orgwww.hldi.org
-$1,000
-$500
$0
Acura Mazda Mercedes Volvo
collision
Adaptive headlightsChange in collision overall losses
$50
$100
www.hldi.orgwww.hldi.org
-$100
-$50
$0
Acura Mazda Mercedes Volvo
collision
Lane departure warning
www.hldi.orgwww.hldi.org
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Lane departure warning systemsChange in claim frequency
20%
30%
40%
PDL collision
www.hldi.orgwww.hldi.org
-30%
-20%
-10%
0%
10%
Buick (w/ Blindspot)
Mercedes Subaru (with FCW/AEB)
Volvo (w/ FCW/AEB)
Honda (w/ FCW)
Lane departure warning systemsChange in claim frequency
-40%
-20%
0%Bodily injury liability
www.hldi.orgwww.hldi.org
-40%
0%
40%
80%
120%
Buick (w/ Blindspot)
Mercedes Subaru (w/
FCW/AEB)
Volvo (w/
FCW/AEB)
Honda (w/ FCW)
MedPay
PIP
MedPay and PIP(1st party injuries)
Buick Mercedes Subaru (w/
FCW/AEB)
Volvo Honda (w/FCW)
Fitment Rates of Vehicle
www.hldi.orgwww.hldi.org
Features in the U.S. Vehicle Fleet
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New vehicle series with electronic stability controlBy model year
60%
80%
100%
www.hldi.orgwww.hldi.org
0%
20%
40%
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013
standard optional not available
Registered vehicles with electronic stability controlBy calendar year
60%
80%
100%
www.hldi.orgwww.hldi.org
0%
20%
40%
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013
standard optional not available
Registered vehicles with electronic stability control,actual and predictedBy calendar year
60%
80%
100%
www.hldi.orgwww.hldi.org
0%
20%
40%
60%
1995 2000 2010 2020 2030 2040 2050
predicted
actual
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New vehicle series with front crash preventionBy model year
60%
80%
100%
www.hldi.orgwww.hldi.org
0%
20%
40%
2000 2002 2004 2006 2008 2010 2012
standard optional not available
Registered vehicles with front crash preventionBy calendar year
60%
80%
100%
www.hldi.orgwww.hldi.org
0%
20%
40%
2000 2002 2004 2006 2008 2010 2012
standard optional not available
Registered vehicles with front crash prevention,actual and predictedBy calendar year
60%
80%
100%
www.hldi.orgwww.hldi.org
0%
20%
40%
2000 2010 2020 2030 2040 2050
predicted
actual
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2040
2050
without mandate
hypothetical 2015 mandate
Calendar year features reach 95% of registered vehicles with and without hypothetical mandate
www.hldi.orgwww.hldi.org
2020
2030
front crash prevention
lane departure warning
adaptive headlights
blind spot warning
rear camera
rear parking sensors
Vehicle registrationsBy calendar year
600,000
625,000
650,000optional and not available ESC
standard ESC
Linear (optional and not available ESC)
Linear (standard ESC)
www.hldi.orgwww.hldi.org
500,000
525,000
550,000
575,000
2004 2005 2006 2007 2008 2009 2010 2011
Annual change in registrationBy ESC status
-1.0%
-0.5%
0.0%
www.hldi.orgwww.hldi.org
-2.5%
-2.0%
-1.5%
optional and not available ESC standard ESC