Auto loss will make up 10% of Hurricane Ian total loss: KCC
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Auto loss will make up 10% of Hurricane Ian total loss: KCC

Liz Bury
04 October 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Flooding in Miami Beach CARS FLORIDA

Auto losses will make up at least 10% of total losses from Hurricane Ian, which is a much larger proportion of a storm loss than auto typically accounts for, said cat modeler Karen Clark & Company (KCC).

The firm’s auto estimate covers trucks, autos and cycles, for which it expects losses to come in above the 3%-5% mark that is typical for auto as a proportion of an overall storm loss.

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsClaims and losses
Headshot template (new) (1).png
Liz Bury
Editor
Contact
Gift this article