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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 seriesModel yearsBody styleSizeResults
Average loss payment
per insured vehicle year
Mercury Sable96Station wagonMidsize59
GMC Safari Van94-96Passenger vanLarge61
Chevrolet Astro Van94-96Passenger vanLarge61
Eagle Summit94-96Station wagonSmall62
Oldsmobile Cutlass Ciera94-96Station wagonMidsize63
Claim frequency
Pontiac Trans Sport94-96Passenger vanLarge61
Dodge Viper convertible94-96SportsSmall61
Chevrolet Corvette convertible94-96SportsSmall62
Ford Crown Victoria94-96Four doorLarge65
Eagle Summit94-96Station wagonSmall66
Average loss payment per claim
Chrysler Town & Country
96
Passenger van
Large62
Dodge Caravan
96Passenger vanLarge68
Mercury Sable
96Station wagonMidsize71
Plymouth Voyager
96Passenger vanLarge72
Mercury Sable
96Four doorMidsize76
Note: 100 = average result for all passenger cars in each loss category
Worst collision losses
Make and seriesModel yearsBody styeSizeResults
Average loss payment
per insured vehicle year
Dodge Viper convertible94-96SportsSmall445
BMW 8 Series two-door94-96LuxuryMidsize422
Mitsubishi 3000 GT 4WD94-96SportsSmall325
Toyota Supra94-96SportsMidsize268
Porsche 911 Targa/Coupe94-96SportsSmall256
Claim frequency
Honda Prelude94-96Two doorMidsize149
Nissan 240SX95-96Two doorSmall147
Ford Probe94-96Two doorMidsize145
Mitsubishi 3000 GT 4WD94-96SportsSmall144
Mitsubishi Mirage94-96Four doorSmall142
Average loss payment per claim
Dodge Viper convertible94-96SportsSmall725
BMW 8 Series two-door94-96LuxuryMidsize381
Porsche 911 Targa/Coupe94-96SportsSmall336
Porsche 911 convertible94-96SportsSmall310
Chevrolet Corvette convertible94-96SportsSmall268
Note: 100 = average result for all passenger cars in each loss category

©1996-2014, Insurance Institute for Highway Safety, Highway Loss Data Institute | www.iihs.org