2022 Annual Review & Inflation Shock Impact
Claims View - Auto PD Inflation Trends
70.0%
60.0%
Auto Inflation Trend - With rental based on average paid
(based on a 12 month change)
50.0%
40.0%
30.0%
20.0%
10.0%
0.0%
FY 2020 Jan 21
Feb 21
Mar 21
May 21
Jul21 Aug'21
Sep 21 Oct'21 Nov'21 Dec'21
Jan'22
Feb'22 Mar 22 Apr 22 May 22
-10.0%
-20.0%
-30.0%
Total Auto
Repair
Total Loss net of Salvage
Rental
-Tease Hute the values douve die Subject to change depenomy on omny un Salvage recovery postmy. Tutai LUBS diu Daivaye miqves 2-0700 Gummer Clai sui dice void. Unter vata are persunal insurance umy.
-CPI is from Stats Canada
Supply chain issues continue to
impact the availability of parts
which will impact both parts
costs and used vehicle prices.
Total Auto Physical Damage
inflation 13% or higher every
month since February.
Estimates of inflation using data
prior to 2022 would grossly
understate current trends.
CPI: Vehicle parts, Maintenance & Repairs
AVIVA
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