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HLDI News | January 16, 1997Subscribe

Insurance collision losses are highest for sports and luxury cars; passenger vans and station wagons have lowest losses

ARLINGTON, Va. — Sports cars and luxury cars have the highest, or worst, insurance losses for vehicle damage. Passenger vans and station wagons have the lowest, says a new study by the Highway Loss Data Institute (HLDI).

Worst

The Dodge Viper has the worst overall collision loss experience among 1994-96 model passenger vehicles with an average loss payment per claim of about $20,000 — more than 7 times the average for all cars. The Viper's average loss payment per insured vehicle year, which reflects both the frequency and size of collision claims, is nearly 4½ times higher than the average for all cars.

"For the second year in a row, the Dodge Viper, a high performance sports car, has the highest overall vehicle damage, or collision, losses," says Kim Hazelbaker, HLDI senior vice president. The BMW 8 series two-door, a luxury model, has the second highest average loss payment per insured vehicle year. Nine of the 20 models with the worst collision results are luxury cars, eight are sports models, and two are small two-door cars.

Best

The Mercury Sable station wagon has the best overall collision results — more than one-third lower than the collision loss results for all cars combined. The GMC Safari Van and Chevrolet Astro Van have the second lowest collision losses. Nine of the 20 models with the best overall collision loss results are passenger vans, four are station wagons, and five are four-door models.

Vehicle size strongly influences collision losses. Claims for crash damage are more frequent for small cars than for large ones. Overall, small two-door models have the highest frequency of collision claims, and sports and luxury models have the highest average loss payments per claim.

Results in the Insurance Collision Report are shown in relative terms, with the value 100 representing the average loss for all passenger cars. Results are presented for passenger cars and separately for pickups, SUVs, and large vans for those series with at least 1,000 insured vehicle years of exposure. The report includes 215 passenger car series and 108 pickup, SUV, and large van series.

HLDI is an affiliate of the Insurance Institute for Highway Safety.

Best collision losses
Make and series Model years Body style Size Results
Average loss payment
per insured vehicle year
Mercury Sable 96 Station wagon Midsize 59
GMC Safari Van 94-96 Passenger van Large 61
Chevrolet Astro Van 94-96 Passenger van Large 61
Eagle Summit 94-96 Station wagon Small 62
Oldsmobile Cutlass Ciera 94-96 Station wagon Midsize 63
Claim frequency
Pontiac Trans Sport 94-96 Passenger van Large 61
Dodge Viper convertible 94-96 Sports Small 61
Chevrolet Corvette convertible 94-96 Sports Small 62
Ford Crown Victoria 94-96 Four door Large 65
Eagle Summit 94-96 Station wagon Small 66
Average loss payment per claim
Chrysler Town & Country
96
Passenger van
Large 62
Dodge Caravan
96 Passenger van Large 68
Mercury Sable
96 Station wagon Midsize 71
Plymouth Voyager
96 Passenger van Large 72
Mercury Sable
96 Four door Midsize 76
Note: 100 = average result for all passenger cars in each loss category
Worst collision losses
Make and series Model years Body stye Size Results
Average loss payment
per insured vehicle year
Dodge Viper convertible 94-96 Sports Small 445
BMW 8 Series two-door 94-96 Luxury Midsize 422
Mitsubishi 3000 GT 4WD 94-96 Sports Small 325
Toyota Supra 94-96 Sports Midsize 268
Porsche 911 Targa/Coupe 94-96 Sports Small 256
Claim frequency
Honda Prelude 94-96 Two door Midsize 149
Nissan 240SX 95-96 Two door Small 147
Ford Probe 94-96 Two door Midsize 145
Mitsubishi 3000 GT 4WD 94-96 Sports Small 144
Mitsubishi Mirage 94-96 Four door Small 142
Average loss payment per claim
Dodge Viper convertible 94-96 Sports Small 725
BMW 8 Series two-door 94-96 Luxury Midsize 381
Porsche 911 Targa/Coupe 94-96 Sports Small 336
Porsche 911 convertible 94-96 Sports Small 310
Chevrolet Corvette convertible 94-96 Sports Small 268
Note: 100 = average result for all passenger cars in each loss category

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