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How Coronavirus Has Affected Auto Insurance Shopping

May 19, 2020


This year began with auto insurance buyers shopping around more than ever but by mid-March shopping began to slow down before returning to normal a few weeks later.

According to the data firm LexisNexis, shopping has closely mirrored other pandemic developments — from a marked decrease correlated to the stay-at-home orders to an increase that appears to coincide with the timing of the federal stimulus checks. Premium rebates offered by many auto insurers also had an effect.

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