![]() The survey was carried out online from April 12 through April 14. Policygenius commissioned YouGov to poll 2,780 American adults (aged 18 and), 2,134 of whom confirmed having car insurance. ![]() Car insurance is getting expensive for most people,” said Andrew Hurst, licensed property and casualty insurance expert at Policygenius. “Our survey found that people are changing their behaviors, and sometimes even going so far as to take a major financial risk by driving completely uninsured. 25% said they switched companies in the last 12 months because their car insurance was too expensive. 36% said they had thought about changing car insurance companies because of high rates in the past year but haven’t switched yet. Younger drivers (18 to 34) were the most likely to have switched or considered switching car insurance companies because of high costs. 45% of insured drivers ages 18 to 34 say they’ve thought about driving without car insurance because of the cost in the past year, and 17% have actually done it. Policygenius said these situations appear to be especially true with many millennials and Gen Z - more than half (55%) of drivers age 18 to 34 are stressed about being able to afford auto insurance and 24% say that they’re “very stressed.”
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