Collision Claims Increased by More Than 30% While Average Severity Plateaued for Battery Electric Vehicles Last Year: Mitchell - Insurance-Canada.ca

Plugged-In: EV Collision Insights report San Diego, CA (Feb.20, 2025) – Mitchell, an Enlyte company and leading technology and information provider for the Property & Casualty claims and Collision Repair industries, is pleased to announce the release of its latest Plugged-In: EV Collision Insights report.This edition features an overview of the most notable annual trends in battery electric vehicle (BEV), mild hybrid electric vehicle (MHEV) and plug-in hybrid electric vehicle (PHEV) collision claims.

Following a second year of record sales for new cars with electrified powertrains, claims frequency for repairable BEVs rose to 2.71% in the U.S.and 3.84% in Canada in 2024, a year-over-year increase of 38% and 34% respectively.MHEV and PHEV claims frequency also grew by approximately 7% in the U.S.

and 24% in Canada over the same period.“In addition to an uptick in the number of claims for repairable, collision-damaged BEVs, we also saw an uptick in the number of total losses last year,” said Ryan Mandell, Mitchell’s director of claims performance.“While not unique to BEVs, this increase in total loss frequency can be attributed to the continued overall decline in vehicle values and surge in catastrophic claims activity in the second half of 2024.” Among the report’s other highlights: To access the full report, visit the Mitchell website.

You can also download previous issues or subscribe to future reports at www.mitchell.com/plugged-in.About Mitchell International Mitchell International, Inc., an Enlyte company, delivers smart technology solutions and services to the auto insurance and collision repair industries.Through deep industry expertise, connections throughout the insurance ecosystem and advanced technology such as artificial intelligence and cloud-based solutions, Mitchell helps its customers succeed in today’s ever-changing environment.

Its comprehensive solution and service portfolio empowers these customers to restore lives after a challenging event.For more information, please visit www.mitchell.com.Tags: Auto Claims, electric vehicles (EVs), Mitchell

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