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Multiple Airbags & Electronics Increase Repair Costs
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Multiple Airbags & Electronics Increase Repair Costs
Three years ago, the average vehicle had two airbags. Today, vehicles can be equipped with as many as six airbags. Replacing a supplement restraint airbag system can cost $2,000 to $8,000 depending on accident severity.
Factors driving fleet claim severity costs in 2005 include:
Increased number of airbags
increased use of electronics
Frequent increase in parts prices
Increased price of commodities
OEM sales of parts “assemblies”
Increased use of expensive plastic components
Learn more on the subject of these areas by downloading this article.
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