U.S. auto insurance shopping grew 16% year-over-year in the first quarter of 2025, while new policy growth reached 8.4%, according to data released Monday by LexisNexis Risk Solutions.
The figures represent a slight decline from the previous quarter but remain at elevated levels, with nearly half of all policies in force, at 46%, having been shopped at least once in the past 12 months.
The report found consumers aged 66 and older were the most active demographic, with shopping growth of 19.7% compared to the same period last year. This marks a shift in what has traditionally been considered a
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.