Nearly Half Switch Car Insurers

Summary


JUST over half of consumers have used the same motor insurer for the past year, but some companies are only managing to retain a third of their customers.

Around 56% of drivers have not switched insurance provider during the past year, but policyholder retention rates range from 80% for some firms to just 35% for others, according to market research group JD Power.

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Extract


Nearly Half Switch Car Insurers

The research, which was based on int...

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