The number of policyholders shopping for auto insurance hit an all-time high during the second quarter, J.D. Power reported. Credit: NATHAPHAT NAMPIX/Adobe Stock
As auto insurance premiums continue to increase, more Americans are deciding to skip coverage, according to J.D. Power. During 2023's second quarter, 5.7% of U.S. households with at least one car reported not having auto insurance, up from 5.2% during the same period in 2022.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
