INSURASALES

Tag: Consumer Behavior

Insurity Survey Reveals Rising Consumer Demand for Enhanced Severe Weather Coverage in P&C Insurance

Insurity's 2025 survey highlights a significant increase in U.S. policyholders willing to pay more for stronger severe weather protection, emphasizing the need for insurers to innovate in coverage and claims technology.

Rising Auto Insurance Costs Drive Coverage Cuts and Higher Uninsured Rates

LendingTree survey reveals rising auto insurance costs are causing increased uninsured rates and coverage reductions, with drivers cutting expenses to afford policies.

Survey Finds Nearly 100% Save by Shopping Around for Auto Insurance

LendingTree survey shows almost all car owners can lower auto insurance premiums by comparing rates, highlighting rising premium dissatisfaction and the value of shopping around.

CFP Board Survey Highlights Financial Risks of Online Misinformation

CFP Board survey reveals risks of financial misinformation online causing costly mistakes, especially among younger Americans, highlighting the role of financial professionals in guiding consumers.

U.S. Auto Insurance Shopping Grows in Q2 2025 Amid Rate Reductions

U.S. auto insurance shopping increased in Q2 2025, driven by direct channels and rate reductions. Insights on consumer behavior, regional trends, and market dynamics inform insurer strategies.

TransUnion Reports Surge in Auto and Home Insurance Shopping in Q2 2025

TransUnion's Q2 2025 report shows an 18% rise in auto insurance shopping and 9% increase in home insurance, emphasizing data-driven marketing and customer retention strategies for insurers.

Q2 Auto Insurance Shopping Dips; Consumer Switching Increases

Q2 auto insurance shopping declines slightly as consumer switching rises, driven by risk-based pricing and bundled policyholders. Northeast shows highest shopping activity.

Insurers Face Trust, Complexity Hurdles Among Gen Z and Millennials

Insurers targeting Gen Z and millennials face challenges including low trust and product complexity. Simplifying purchases and enhancing financial education are key to engagement.

Amazon and Walmart Transform Retail with AI-Driven Innovation and Expansion

Amazon and Walmart are investing heavily in AI to revolutionize retail operations, consumer engagement, and market expansion, blending technology with new financial services and personalized shopping.

LIMRA Conference Highlights Consumer Education, Mortality Improvements, and Market Challenges

Insights from LIMRA's Life and Retirement Conference reveal consumer education gaps, improved group mortality rates, and challenges in annuity distribution within the U.S. life insurance industry.