Incurred losses for private passenger auto insurance in the U.S. 2012-2022, by type
In 2022, losses related to liability insurance claims accounted for 56 percent of private passenger auto payouts in the United States. In that year, liability auto insurance losses in the U.S. amounted to approximately 117.9 billion U.S. dollars and auto insurance losses from physical damage claims amounted to 91 billion U.S. dollars.