Homeowners Insurance Losses, 2010-2014 (1)
  Total homeowners losses   Total homeowners losses
Year Claim frequency (2) Claim severity (3) Year Claim frequency (2) Claim severity (3)
2010 6.77 $8,568 2013 5.01 $10,397
2011 9.98 8,431 2014 5.27 10,750
2012 7.70 8,797 Average (4) 6.98 $9,155
(1) For homeowners multiple peril policies (HO-2, HO-3, HO-5 and HE-7 for North Carolina). Excludes tenants and condominium policies. Excludes Arkansas and Texas. (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, 2010-2014. Source: ISO®, a Verisk Analytics® business.