The LexisNexis® Insurance Demand Meter

In the latest edition of the LexisNexis® Insurance Demand Meter, a quarterly look at U.S. consumer auto insurance shopping and new business trends, U.S. auto policy shopping increased 6.4%, while new policy growth rose 2.8%. The 66+ consumer segment saw the highest increase in shopping growth compared to younger cohorts, 15 states and the District of Columbia achieved a growth rate higher than in the previous quarter and the annual shop rate remained at 46.5%.

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About the Insurance Demand Meter

To help inform insurer business strategies tied to acquisition and retention trends, LexisNexis® Risk Solutions is pleased to offer the Insurance Demand Meter, a report based on billions of shopping transactions that 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

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