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J.D. Power says drivers are giving in to higher insurance premiums

January 31, 2024

The last quarter of 2023 insurance shopping results began to confirm that consumers are getting used to the idea of higher auto insurance premiums, though slowly, according to J.D. Power.

In its Q4 loyalty indicator and shopping trends (LIST) report, created in collaboration with TransUnion, J.D. Power states that the shopping rate fell from 12.3% to 12%. The shop rate decreased every month during the quarter.

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