America's favorite truck may spell insurance industry trouble - Insurance Business America
A recent analysis from the Insurance Institute for Highway Safety has found that the SuperCab version of the pick-up truck presents a trifecta of concerns for brokers: the aluminum truck is more likely to withstand damages in crash tests, repairs... “For all vehicles, the actuarial data for Bodily Injury and Accident Benefit claims will accumulate to show the true impact of the change. Poor safety results could translate into higher claim payouts,” said Chris Bevan, account executive, Kennedy Insurance Brokers Inc. “If any vehicle performs poorly, you’ll see premiums increase to offset losses from serious injuries. ” “It won’t be a huge jump since not everybody is driving that vehicle, and the increased risk is spread out over many consumers,” said Sherif Gemayel, president, Sharp Insurance. It is the only full-size, light-duty truck to earn NHTSA’s highest 5-star rating for the driver and passenger for all crash test modes and cab configurations. In addition, the 2015 F-150 SuperCrew is the first large pickup in the industry to earn an IIHS Top Safety Pick in the current rating system. We addressed the IIHS small overlap front crash in our high-volume SuperCrew first, which accounts for 83 percent of 2015 F-150 retail sales. We are evaluating which specific changes we will make to the SuperCab and the Regular Cab. It is important that any changes do not compromise performance on other crash tests. Source: www.ibamag.com
