[FinanceBuzz] 2025 Auto Insurance Statistics and Consumer Report (Study)

By Josh Koebert. Edited by Melinda Sineriz, ABFP™

FinanceBuzz reviews consumer and market trends across the auto insurance industry annually to understand what trends are coming in the next year.

With auto insurance premiums climbing 45% since 2019, drivers are increasingly cost-conscious and hesitant to file claims or switch providers. To make sense of these market shifts, FinanceBuzz turned to industry experts—including Apostolos Ampountolas, Ph.D., CQF, FHEA, Assistant Professor of Hospitality Finance and Chair of Graduate Programs at Boston University’s School of Hospitality Administration. Dr. Ampountolas provides insight into consumer behaviors, strategies to negotiate with insurers, and the financial decision-making behind policy management.

This annual FinanceBuzz report dives deep into the latest data and consumer sentiment around auto insurance in 2025, highlighting trends in pricing, switching behavior, and policy understanding. From regional cost disparities to why some drivers skip payments or claims, the study offers a comprehensive look at the factors shaping the auto insurance landscape—and how consumers can navigate it more effectively.

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