U.S. auto insurance shopping growth slows to 0.7% in Q3, LexisNexis reports
RELX•U.S. auto insurance shopping growth slowed to 0.7% year over year in Q3 2026 from 1.4% in Q2, while new business growth eased to 3.2% from 3.3%.
1. Shopping growth slows
U.S. auto insurance shopping growth slowed to 0.7% year over year in Q3 2026 from 1.4% in Q2. New business growth eased to 3.2% from 3.3%, while 47.2% of policies had been shopped at least once in the previous 12 months, near record levels.
2. Retention pressures persist
Non-standard shopping growth rebounded to 5.4% from a 9% decline in Q2, outpacing standard shopping. Half of lost policies switched insurers within 60 days, and first-year policyholders accounted for 40% of lost policies.
