Even with increasing premiums, the number of consumers who actually switched auto insurers fell in Q4, as well. Photo: MasterSergeant/Adobe Stock
The quarterly auto policy shopping rate fell from 12.3% in Q3 2023 to an even 12% in Q4 2023, according to the latest J.D. Power Quarterly Shopping LIST Report. Auto policy shopping saw its first dip in a year in Q3 2023 — though shopping remained higher in this quarter than it was in Q3 2022.
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Brittney Meredith-Miller
Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].
