The LexisNexis® Insurance Demand Meter

Benchmark your auto shopping data to the industry

To help inform insurer business strategies tied to acquisition and retention trends, LexisNexis Risk Solutions is pleased to offer the Insurance Demand Meter, a quarterly report that provides insights into U.S. auto insurance shopping and switching behavior. Based on billions of shopping transactions, the report compiles data on actual consumer activity to offer the most comprehensive view of shopping in the U.S. auto insurance market.

Insurance decision makers can draw on this information to benchmark their performance against macro trends pertaining to:

Shopping rates.
Shopping volume
New policy growth

In Q3, consumers were shopping at near-record volumes in response to ongoing rate increases, but shopping activity registered as ‘Cool’ for the quarter. New policy growth came in ‘Hot’ with insurers adding record volumes of new policies for the months of August and September. This quarter’s edition takes a closer look at inflation’s impact on the market and includes an analysis of new policies that are linked to vehicle purchases – including our recent data about electric and hybrid vehicles.

Download the report now for additional analysis and the latest consumer insurance shopping trends that are impacting your business.

Insurance

Access the Current Report Here

Access Archive Reports Here

Q3 2023 - LexisNexis Risk Solutions Insurance Demand Meter Report Q2 2023 - LexisNexis Risk Solutions Insurance Demand Meter Report Q1 2023 - LexisNexis Risk Solutions Insurance Demand Meter Report Q4 2022 - LexisNexis Risk Solutions Insurance Demand Meter Report

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