J.D. Power News

Auto Insurers’ Digital Channels ‘Remarkably Resilient’, Finds J.D. Power Study

Auto insurance websites and apps are doing a good job of delivering foundational functional capabilities, bringing in more customers than agents and call centers. But far fewer are providing the type of value-added services that set them apart. With auto …

Rising Prices, Low Satisfaction Drive 49% of Customers to Shop For New Auto Insurance

Increased premiums combined with lackluster customer satisfaction scores are driving record numbers of auto insurance customers into the market for a new policy, according to the J.D. Power 2024 U.S. Insurance Shopping Study. Nearly half (49%) of U.S. auto insurance …

Progressive Gains as Drivers Shop Around for Auto Insuranceβ€”Again

Although it may have seemed like drivers had thrown in the towel on trying to find cheaper auto insurance prices late last year, a new study of consumer behavior finds they’re back to shopping around. In addition, when they decide …

J.D. Power: Auto Insurance Shopping Reaches All-Time High

The percentage of American households with cars and without auto insurance rose during the first half of 2023, and the share of customers who say they are shopping for auto insurance reached a record high. J.D. Power recently shared these …

J.D. Power: Rising Premiums Tighten Auto Insurance Market as Customers Shop Deals

State Farm Tops List of Large Insurers Providing Satisfying Shopping Experience, While The Hartford Ranked Highest Among Midsize Insurers Saving money is the primary focus of consumers searching for auto insurance, according to a new report released today. Now in …

Auto Insurance Shopping Rises as Consumers Seek Better Rate

Auto insurers have been forthcoming in their desire to achieve rate to match increases in claims costs and, so far in 2023, consumers are not standing by. According to a quarterly report from J.D. Power, in collaboration with TransUnion, the …

Auto Insurance Shopping – and Switching – Increases

Drivers are not only shopping around for auto insurance more than ever, they are switching carriers. According to a quarterly report from J.D. Power, in collaboration with TransUnion, the quote rate for auto insurance in the fourth quarter 2022 was …

Customer Satisfaction With Digital Claims Declines Again: J.D. Power

Customer satisfaction with insurers’ digital claims systems declined for the second consecutive year, according to a J.D. Power survey of auto and home policyholders. Mark Garrett, director of P/C insurance intelligence for the consumer research company, said that challenges such …

Auto Policyholders’ Claims Satisfaction Wanes: J.D. Power

Well documented are the pains insurers are facing while trying to keep up with rising claims frequency and severity in auto lines. J.D. Power’s newest study on claims satisfaction reveals the frustration has trickled to consumers. The J.D. Power 2022 …

Auto-Owners, Erie, Cincinnati, Hartford, Hanover Tops in Agents’ Satisfaction: J.D. Power

Despite near constant disruption from the twin forces of digital transformation and economic uncertainty, independent insurance agents have never been more satisfied with their carrier partners. According to the J.D. Power 2022 U.S. Independent Agent Satisfaction Study, overall agent satisfaction …