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.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
