The third quarter of 2024 saw a big spike in shopping for both auto and property insurance, according to a report by TransUnion (NYSE: TRU). Auto insurance was up 19%, while property insurance shopping rose 16%, compared to the same time in 2023. Auto insurance shopping increased across generations, though, not equally. Baby Boomers shopped […]
Auto Insurance Shopping Continued to Rise in Q2 2024
TransUnion reports shopping increased versus 2023 even as rates stabilized. Auto insurance shopping volume set a new record for the second consecutive quarter, according to new research from TransUnion (NYSE: TRU). The number of U.S. consumers shopping for auto insurance was up 7.4%, compared to Q2 2023 (YoY). This trend has been driven in recent […]
Auto Insurance Shopping Rates Up 12% in Second Quarter
Search for lower rates and higher vehicle sales drive consumer shopping for insurance, ultimately changes in market share. Auto insurance shopping rates were up 12% in Q2 2023, compared to the same time in 2022 according to TransUnion’s (NYSE: TRU) latest quarterly Insurance Personal Lines Trends and Perspectives Report. While vehicle sales played a role […]