HOMEOWNERS INSURANCE LOSSES, 2006-2010 (1)
  Total homeowners
losses
  Total homeowners
losses
Year Claim
frequency (2)
Claim
severity (3)
  Claim
frequency (2)
Claim
severity (3)
2006 4.98 $7,293 2009 5.85 $8,584
2007 4.59 8,668 2010 6.33 8,438
2008 6.60 7,967 Average (4) 5.69 8,203

(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, 2006-2010.

Source: ISO, a Verisk Analytics company.