Motorcycles: Quantifying risks and countermeasures

Transcription

1 Motorcycles: Quantifying risks and countermeasures Governors Highway Safety Association Kansas City, MO September 28, 2010 Matthew J. Moore Vice President HLDI

2 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 highways. The Highway Loss Data Institute, 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.

3 HLDI data providers

4 Size of HLDI motorcycle database Number of unique VINs in files, September 2010 model year VIN count , , , , , , , , , , ,858 total 4,208,903

5 Coverages reported to HLDI Private Passenger Auto Collision Comprehensive Personal injury protection Medical payments Physical damage liability Bodily injury liability

6 Motorcycle Classes

7 Cruiser-style classes dual purpose off road standard cruiser touring chopper

8 Sport classes supersport sport unclad sport sport touring

9 Scooter

10 Motorcycle fatalities by class

11 Fatally injured motorcycle operators By motorcycle class, 2005

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13 Motorcycle operator deaths per 10,000 registered motorcycles By motorcycle class, 2005

14 Motorcycle collision claim frequencies

15 Relative collision claim frequencies By motorcycle class, models all-motorcycle result = 3.3 claims per insured vehicle year

16 Highest collision claim frequencies motorcycles all-motorcycle result = 3.3 claims per 100 insured vehicle years

17 Collision exposure distribution By motorcycle class and rated driver age group, models

18 Collision claim frequencies By motorcycle class and rated driver age group, models

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20 Motorcycle time to claim from policy inception

21 Motorcycle time to claim insurance coverage exposure time period collision twelve 30-day time periods and one for exposure after 360 days model years exposure (insured vehicle years) 2,065,879 claims 56,859

22 Claim frequencies per 10,000 insured vehicle months By time period length of coverage in days

23 Claim frequencies per 10,000 insured vehicle months By motorcycle class and time period supersport sport touring cruiser length of coverage in days

24 Claim frequencies per 10,000 insured vehicle months By age group and time period < length of coverage in days

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26 Automobile Collision Losses for Motorcyclists

27 Automobile collision losses for motorcyclists inclusion criteria passenger vehicle had to be associated with motorcycle coverage in same calendar year model years exposure (insured vehicle years) 58,261 claims 3,325

28 Passenger vehicle collision claim frequencies By vehicle type and motorcycle class

29 Motorcycle antilock brake systems

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31 Motorcycle antilock braking system (ABS) covariates make/series vehicle make/series, driver age, gender, vehicle age, density 18 make/series with ABS indicator in VIN model years insurance coverages collision, medical payments, bodily injury liability exposure (col, med pay, BI) 149 K, 41K, 130K

32 Percent reductions in claim frequencies for motorcycles with antilock brakes models

33 Fatal crash involvements and registrations non-abs models abs models drivers in fatal crashes registered vehicle years 311,058 81,789

34 Fatal crashes per 10,000 registrations % reduction

35 Source of insurance loss statistics on most car, SUV, pickup, and motorcycle models on the road