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The insurance industry is operating in a new world, and the affinity insurance market can't rely on tried-and-true practices.
More than 20% of U.S. drivers bought less coverage than they desired as a way to save money in 2023.
Drivers who engage in reckless behavior behind the wheel may find themselves required to file an SR-22.
Shifting demographics in auto policy shopping are likely to become the norm, says LexisNexis.
The latest report from J.D. Power shows auto insurance shopping is up YoY – driven by increasing premiums.
Soaring inflation and the growing popularity of UBI policies mean insurers need to adapt if they want to keep their most loyal customers.
Although drivers felt pressure from higher premiums, a majority of consumers didn't shop around for lower rates in 2022.
Most compliance challenges relate to claims handling requirements, including timeliness and required disclosures.
This is the first quarter-over-quarter growth auto insurance shopping trends have seen since Q2 2021.
Why do carriers and agents receive so many requests for evidence of homeowner's insurance?
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