U.S. Consumers Continue to Switch Auto Insurance at Higher Rates, Leading Carriers to Continue Focus on Renewal and Retention

According to the LexisNexis Insurance Demand Meter, a "Sizzling" Q1 2024 for new policies showed consumers are still not resigned to higher rates as insurers continue to adjust strategies to retain customers for long-term growthATLANTA, May 16, 2024 /PRNewswire/ -- Key takeaways LexisNexis Insurance Demand Meter U.S. consumer auto insurance shopping activity registered as "Hot" on the LexisNexis® Insurance Demand Meter, as quarterly year-over-year shopping grew 2.9% for Q1 2024 (slowing slightly from ...