Dollar and Car Overall cost of auto insurance has ballooned 20.3% since last year. (Credit: selensergen/Adobe Stock)

Increasing rates and price sensitivity sent drivers looking for new auto insurance at a record pace during the first half of 2024, according to the latest report from J.D. Power.

The data shows the highest quarterly quote rates in the history of the study, reaching a new high of 13.3% over the second quarter of 2024, and after reaching a record 12.8% during the first quarter.

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Joe Toppe

Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.