HOMEOWNERS INSURANCE LOSSES, 2008-2012 (1)
  Total homeowners losses   Total homeowners losses
Year Claim frequency (2) Claim severity (3) Year Claim frequency (2) Claim severity (3)
2008 6.88 $7,789 2011 9.71 $8,424
2009 6.10 8,400 2012 7.22        8,665
2010 6.63 8,584 Average (4) 7.32 $8,384
(1) For homeowners multiple peril policies. Excludes tenants and condominium policies. (2) Claims per 100 house years (policies). (3) Average amount paid per claim; based on accident year incurred losses, excluding loss adjustment expenses, i.e., indemnity costs per accident year incurred claims. (4) Weighted average, 2008-2012. Source: ISO®, a Verisk Analytics® company.