Each week we test readers on their claim knowledge. This week's question is:
New York's no-fault auto claims costs are ___ higher than the U.S. average of $5,289, I.I.I. recently reported.
A. 10 percent
B. 37 percent
C. 64 percent
D. 80 percent
Answer Here!
Last week's question was:
I.I.I. reports that ___ of all homeowners' liability claims are now related to dog bites, for a total of about $1 billion in damages.
A. 2 percent
B. one-third
C. half
D. 78 percent
Great job! Sixty-five percent of you are well aware that dog bites are gnawing at many an insurer's bottom line. Dog bite-related issues now comprise one-third of all homeowners' liability claims. The Journal of the American Medical Association (JAMA) says that 4.5 million dog bites are reported each year in America. Test your knowledge of New York's no-fault auto epidemic this week.
Here are the final results for last week:
A. 21%
B. 65%
C. 10%
D. 4%
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