Auto insurance shopping increased 12% during Q2 compared to the same period last year, according to a new TransUnion report.
TransUnion’s quarterly Insurance Personal Lines Trends and Perspectives report, released Tuesday, attributed the rise to vehicle sales and the quest for cheaper insurance premiums.
It cited a J.D. Power report that forecasted a 23% spike in new vehicle sales year-over-year in June, as separately used car sales dropped because of an increase in new vehicle inventory.
