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U.S. Auto Insurance Trends Report Highlights Increases in Driving Violations and Shifting Consumer Demographics in Insurance Shopping
Today, LexisNexis® Risk Solutions released its 2025 U.S Auto Insurance Trends Report, which aggregates and analyzes annual market data from calendar year 2024 about consumer driving patterns, auto insurance shopping trends, claim frequency and severity, and consumer responses to rate increases to help insurance carriers better understand the changing trends impacting the U.S. auto insurance industry.
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[{"type":"text","content":"The 2025 LexisNexis® U.S. Auto Insurance Trends Report shares insights to help insurers make more informed future rating decisions with today's trend data, evolve to address new risk segments and navigate the road to continued profitability.","length":245,"tagName":"p"},{"type":"text","content":"ATLANTA, June 12, 2025 /PRNewswire/ -- Today, LexisNexis® Risk Solutions released its 2025 U.S Auto Insurance Trends Report, which aggregates and analyzes annual market data from calendar year 2024 about consumer driving patterns, auto insurance shopping trends, claim frequency and severity, and consumer responses to rate increases to help insurance carriers better understand the changing trends impacting the U.S. auto insurance industry.","length":447,"tagName":"p"},{"type":"image","alt":"Distracted Driving Violations by Age Group vs. 2019. Source: LexisNexis® Risk Solutions internal data, 2025","displaySize":"","headline":null,"caption":"Distracted Driving Violations by Age Group vs. 2019. Source: LexisNexis® Risk Solutions internal data, 2025","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":199,"url":"https://media.zenfs.com/en/prnewswire.com/abeca18a962081b04e4ac366144ef7fb"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/7QQ.CbVMcJFflIawXUz44w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM1MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/abeca18a962081b04e4ac366144ef7fb","width":400,"height":199}},"href":"https://mma.prnewswire.com/media/2707921/LexisNexis_Risk_Solutions___Auto_Trends_Report_Chart.html","hrefExternal":true,"rel":"nofollow"},{"type":"list","items":[{"val":[{"type":"text","content":"Claims severity continues to evolve, as bodily injury severity jumped 9.2%, and property damage severity climbed 2.5% year over year (YoY). In contrast, collision severity declined by 2.5% year over year.","length":204,"tagName":"p"}]},{"val":[{"type":"text","content":"All driving violations increased 17% year over year and driving violation rates across the U.S. surpassed 2019 levels.","length":118,"tagName":"p"}]},{"val":[{"type":"text","content":"Rate increases are beginning to ease, rising 10% YoY in 2024 compared to a 15% hike in 2023, as market conditions soften.","length":121,"tagName":"p"}]},{"val":[{"type":"text","content":"Insurer profitability is improving, with direct written ...