Shopping activity turned negative in March even as 47.3% of policies were shopped within the previous year — the highest rate since LexisNexis began tracking in 2020.
U.S. auto insurance shopping grew 3.2% year over year in the first quarter of 2026 and new policy growth slowed to 3.6%, according to data released May 12 by LexisNexis Risk Solutions. The figures marked sharp decelerations from the fourth quarter of 2025, when shopping grew 6.9% and new policy growth reached 7.1%. Shopping growth turned negative in March, LexisNexis said.
The slowdown reflects a market shifting from the multi-year rate-driven shopping surge
Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.