INSURASALES

Tag: J.D. Power

Auto Insurance Profitability Rising Amid Customer Satisfaction Challenges

U.S. auto insurance premiums have surged over 50% since 2019, boosting insurer profits but causing customer satisfaction to decline. The J.D. Power 2025 study reveals retention challenges and the importance of seamless omnichannel experiences.

J.D. Power 2025 Study Highlights Shift to Buyer's Market in Auto Insurance

J.D. Power's 2025 U.S. Auto Insurance Study reveals a shift to a buyer's market as insurers focus on high-value customers following rate stabilization. Key factors include customer satisfaction, pricing, trust, and digital engagement.

Record High U.S. Drivers Shop for Car Insurance Amid Elevated Rates & Bundling Discounts

Auto insurance shopping hits a 19-year high in 2024 as drivers seek better rates and bundling discounts amid rising premiums and market shifts, per J.D. Power study.