Business
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.
About this update from Relx Plc
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. 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. "Auto insurers continue to navigate a dynamic market. The combination of the market softening and a return to profitability presents a potential new chapter for the industry as insurers encounter a consumer base that is more willing than ever to shop for deals," said Jeff Batiste , senior vice president and general manager, U.S. auto and home insurance, LexisNexis Risk Solutions. "However, this is the market as we understand it now, and we might be seeing a different picture in a couple of months. Insurers who can quickly evaluate shifting trends and adapt pricing models should have a competitive advantage, enabling them to price risk more accurately and quickly, which should also set themselves up for more success as these trends impacting the industry persist." All driving violations are on the rise Profitability returns even as policy shopping and switching hits record levels Download the 2025 LexisNexis Risk Solutions Auto Insurance Trends Report . About LexisNexis Risk Solutions LexisNexis ® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia , we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit LexisNexis Risk Solutions and RELX . Media Contact: Annalysce Baker LexisNexis Risk Solutions Phone: +1 678.436.1579 [email protected] View original content to download multimedia: https://www.prnewswire.com/news-releases/us-auto-insurance-trends-report-highlights-increases-in-driving-violations-and-shifting-consumer-demographics-in-insurance-shopping-302478145.html SOURCE LexisNexis Risk Solutions