J.D. Power and Associates News

Why Customer Satisfaction Is Falling for Large Auto Insurers, Rising for Small: J.D. Power

After climbing in each of the past two years, customer satisfaction is falling among the nation’s largest auto insurers, while satisfaction is actually up a tad for small insurers. This rising dissatisfaction with large carriers is in turn driving overall …

Prepare for Disruption in High Net Worth Insurance Segment

ACE’s $28.3 billion purchase of Chubb will create a major disruption in the luxury insurance market. When the integration of the two insurers is complete, the new company is anticipated to control approximately $6 billion of annual premiums on personal …

Customers Switching Auto Insurers Unhappy with New Prices: J.D. Power

Customers who switch auto insurance carriers due to poor service often end up sorry they did because they end up paying more with their new insurer, according to the latest J.D. Power 2014 U.S. Insurance Shopping Study. While a poor …

Price Drives Auto Insurance Customer Satisfaction, Shopping Around: J.D. Power

Rate increases are driving more customers to obtain competitive price quotes, while satisfaction with the buying experience is trending downward among new-buyer customers due to lower price satisfaction among new buyers, according to the latest J.D. Power study. According to …

Agents Who Understand Customers’ Businesses Boost Commercial Insurers: J.D. Power

Small commercial lines insurance customers most value having an insurance agent or broker who completely understands their individual business and helps them assess and manage their risk. The highest-ranked small business insurers deliver on both of these metrics for 60 …

Auto Insurance Customer Satisfaction Drops Due to Rising Rates: J.D. Power

Due to rising insurance prices and some unhappiness with policy offerings, overall customer satisfaction with auto insurance companies is down in 2013 from an all-time high in 2012, but remains comparatively high relative to the previous decade, according to the …

Auto Insurance Claimants Happy with Speedier Settlements

Auto insurance customers continue to be pleased with not only with their claims settlement amounts but also with how quickly their claims are being settled. Also, insurance claims adjusters are doing a better job of speeding up the claims process …

Bundlers of Joy: Satisfaction with Home Insurers at 12-Year High

Overall customer satisfaction with homeowners insurance companies is the highest in the 12 years J.D. Power and Associates has measured it, driven in part by the practice of bundling auto and homeowners insurance policies. Overall satisfaction averages 785 in 2012 …

J.D. Power: Auto Insurance Claims Satisfaction Drops

Customer satisfaction with the auto claims experience declined for the first time in three calendar quarters, according to the Westlake Village, Calif.-based J.D. Power and Associates 2012 U.S. Auto Claims Satisfaction Study —Wave 2 issued on Wednesday. Overall customer satisfaction …