Browsing: consumer behavior

The US auto insurance market is experiencing a significant shift as consumers increasingly shop around and switch providers, driven by premium sensitivity and digital convenience.

Despite growing demand, life insurance sales remain stagnant due to consumer hesitation, misinformation, and complexity in the purchasing process

Recent report reveals changes in auto, home, and renters insurance markets due to economic influences

A look at consumer behavior regarding life insurance, focusing on preferences for benefit payment methods.

A new report from TransUnion shows that consumers are actively shopping for better auto insurance rates, with shopping activity up significantly in Q2 2023. However, changing consumer behavior and increasing risks pose challenges for the industry.

TransUnion research reveals a 20% year-over-year increase in auto and property insurance shopping in Q4 2024, driven by consumer demand for lower rates.

A new report from TransUnion highlights rising auto insurance shopping rates and the factors driving the increases.