Interactive Graphic: Predicting Auto Bodily Injury Claim Severity

Choose claim characteristics for a hypothetical claim by clicking on the bar graphs on the left. The bar graphs represent a historical snapshot of average claim severity for a single characteristic – this is not predictive analytics. Predictive analytics uses a model to predict future severity based on the combination of claim characteristics. Click the characteristics to see how the prediction changes.

Descriptive Analytics

Predictive Analytics

Attorney

Gender

Predicted Severity

$

5,060

Variable Importance

-20%

Attorney

+13%

Uninsured

+3%

Gender

-3%

Seatbelt

0%

Age

Cumulative distribution based on smoothed curve fit to actual data.

xsaxsax

Age

Seatbelt


Data from the Insurance Research Council (IRC), a division of the American Institute for Chartered Property Casualty Underwriters and the insurance Institute of America. The data was collected in 2002.