The LexisNexis® Insurance Demand Meter

Benchmark your auto shopping data against the industry.

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The LexisNexis® Insurance Demand Meter

Benchmark your auto shopping data against 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, U.S. auto insurance shopping and new policy growth were both ‘Nuclear,’ marking the second instance of both categories landing at the highest level on the Demand Meter; however, Q3 pushed the Nuclear designation’s upper limits. This edition focuses on the magnitude of shopping, who’s in the market, the impacts of Hurricane Helene and how stabilizing claim severities may signal a return to profitability for some insurers.

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

 

 

Access the Current Report Here


Access Archive Reports Here

Q3 2024 - LexisNexis Risk Solutions Insurance Demand Meter Report Q2 2024 - LexisNexis Risk Solutions Insurance Demand Meter Report Q1 2024 - LexisNexis Risk Solutions Insurance Demand Meter ReportQ4 2023 - LexisNexis Risk Solutions Insurance Demand Meter Report

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