ACCIDENT MANAGEMENT AGEMENT COSTS HOLD STEADY

摘要

Accident management costs have seen only a slight increase over the past three years. In 2006, the average severity of a fleet claim was $1,869.87, an increase of less than 3 percent over 2004. (The accident management term "severity" is defined as the total dollars a company spends on the repair of a vehicle, including the cost of labor and parts, excluding the cost of a replacement vehicle.)