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 growth ATLANTA, May 16, 2024 /PRNewswire/ -- Key takeaways LexisNexis Insurance Demand Meter Tax refunds, older shoppers and Leap Day fuel shopping activity "As we have seen more shopping in recent months from consumers who have traditionally been longer-tenured and more loyal, insurers wi ...