The following data provides benchmarking insights and trends compiled from the PPG ADJUSTRITE® Commercial Estimating system for the 1st quarter of 2022. This data reflects information compiled from both insurance and shop estimates from the United States and Canada. For all metrics, this information excludes known total losses, estimates with only one line item, and estimates <$100. Severity for Q1 2022 averaged $12,499—a 31.4% increase over Q1 2021.
The Sales Mix Percent for Q1 2022, shown in Table 1, reflects percentage increases for Parts and Sublet, compared to the same quarter last year.
Table 1. Sales Mix Percent for Q1 2019 – 2022
Referring to the Labor Mix Percent in Table 2 for Q1, you’ll notice there were increases in Mechanicial and Frame Labor compared to Q1 2021.
Table 2. Labor Mix Percent for Q1 2019 – 2022
Average Labor Dollar categories, reflected in Table 3, all experienced increases in Q1, relative to 2021—with the exception of Miscellaneous. Body and Paint had the largest increases.
Table 3. Average Labor Dollars for Q1 2019 – 2022
The chart for Average Dollars by Quarter shows year over year increases for Sublet, Paint Materials and Shop Supplies. Shop Supplies had the highest percentage increase, compared to Q1 2021.
Thank you for your continued interest in following the latest trends for commercial collision claims.
About PPG ADJUSTRITE®:
The PPG AdjustRite Commercial Estimating system is an industry-leading platform in the medium-to-heavy-duty equipment repair and claims industry. This system is a web-based, fully mobile application, driven by a comprehensive database of commercial vehicles and equipment including: tractors, trailers, trucks, boxes, motor coaches, RVs, and buses. To learn more about the PPG AdjustRite Commercial Estimating System, visit www.adjustrite.com .
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