Advocates Releases Report Showing $1,250 in Savings Per Dollar Invested by Auto Insurers

  • May 17, 2024
150 150 Advocates for Highway and Auto Safety

Advocates commissioned a report by Ted Miller, PhD of the Pacific Institute for Research and Evaluation (PIRE) that analyzes our impact over the past 34 years, with emphasis on our contribution to the reduction of roadway deaths and injuries and mitigation of crash costs through 2021.

The laws and regulations included in this report saved an estimated 215,345 lives and resulted in substantial savings to the insurance industry that reduced insurance claims payments and claims processing costs by $1.07 trillion. The bulk of the insurance savings was experienced in auto insurance. Read the full report here.