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You are here: Home / News / Auto Insurance Shopping Cools in First Quarter as Rate Decreases Spread

Auto Insurance Shopping Cools in First Quarter as Rate Decreases Spread

May 13, 2026 By CollisionWeek Editor

Shopping activity turned negative in March even as 47.3% of policies were shopped within the previous year โ€” 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

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Filed Under: News Tagged With: Auto Insurance, LexisNexis Risk Solutions, Policies in Force, Premiums

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