Repair cost for crash-damaged cars jumped in third quarter
The adjusted cost to repair crash-damaged vehicles in the third quarter amounted to $2,520 -- a $164 rise from the same period last year, according to Mitchell International. Average collision losses during the third quarter were appraised at $12,188, lower than those for the same period last year, the firm said.
National Underwriter | 11/02
This story published in AAIA SmartBrief on 11/03/2009
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Report: Auto repair costs in second quarter fell from last year
Tuesday, August 4, 2009
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