Auto Insurers and the Airbag: Comment

In an earlier volume of this Journal, Kneuper and Yandle (1994) proffer that auto insurers lobbied extensively for the automotive airbag, expecting to trade increased dollar property damage claims for lower bodily injury claims. Using annual data published by the Highway Loss Data Institute, this ar...

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Bibliographic Details
Published in:The Journal of risk and insurance 1996-09, Vol.63 (3), p.515-523
Main Authors: Peterson, Steven, Hoffer, George E.
Format: Article
Language:English
Subjects:
Air bags
Automobile insurance
Automobiles
Bodily injury
Effects
Highway safety
Insurance claims
Insurance coverage
Insurance industry
Insurance providers
Notes and Communications
Personal injury damages
Sedans
State court decisions
Statistical analysis
Studies
Citations: Items that cite this one
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Summary:In an earlier volume of this Journal, Kneuper and Yandle (1994) proffer that auto insurers lobbied extensively for the automotive airbag, expecting to trade increased dollar property damage claims for lower bodily injury claims. Using annual data published by the Highway Loss Data Institute, this article finds that, upon airbag adoption, not only do average collision loss payments increase, but so do the relative frequencies of collision claims and injury claims for a vehicle line.
ISSN:0022-4367
1539-6975
DOI:10.2307/253624