US auto insurance shopping and new business growth closed out 2025 at record levels, as consumers remained highly active in the fourth quarter. That is according to the latest LexisNexis® US Insurance ...
Long repair-shop backlogs and lingering parts shortages have caused the average auto insurance repair cycle time to reach 23.1 days this year, up by 6.2 days from 2022, and more than double the ...
Auto insurers have been fighting two major headwinds ever since the pandemic: rising costs and longer repair cycle times. This year, according to the J.D. Power 2024 U.S. Auto Claims Satisfaction ...
Car insurance prices are expected to increase an average of 7.5% in 2025. That's a significant slowdown from the past two years, when car insurance rates rose an average of 16.5% in 2024 and 12.0% in ...