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Are Insurance Price Increases a Tipping Point for Gen X and Boomers?

Majesco

Increased repair costs, a component of inflation, was cited by nearly half for both auto and homeowner insurance and is far higher than Gen Z and Millennials, likely reflecting the years of owning insurance and understanding the makeup of claims costs.

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Why and How Your Zip Code Affects What You’ll Pay for Car Insurance

Freeway Insurance

Does where you live have an impact on how much you pay for car insurance? Surprisingly, it does indeed make a difference where you live when your insurer is determining what you’ll be quoted for your auto insurance coverage. Understanding this can help you make smart decisions and, perhaps, save money on your insurance.

Crime 52
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Gen Z and Millennial Buyer Insurance Trends Point to the Importance of Data/AI Technologies

Majesco

Anything from quoting to underwriting, servicing, billing or claims may no longer operate at the level expected by customers, putting trust and loyalty at risk. Auto Insurance Study SM released June 2024, 76% of the younger generation have had to cut back and tighten their budget compared to 61% of the older generation. [i]