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Auto insurance premium hikes supercharge new policy shopping...

U.S. auto insurance shopping and purchasing went nuclear during the second quarter of 2024, according to the LexisNexis insurance demand meter report. The quarterly year-over-year shopping growth rate grew 16.1%, up from last quarter's 2.9% increase. At the same time, quarterly year-over-year growth for new policies skyrocketed 19.5% over the period, up from 8.7% last quarter.

Property & Casualty

August 28, 2024, 11:30 AM