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  1. IA Advantage Blog
  2.  » 3 Vehicle Insurance Trends You Probably Didn’t Know

3 Vehicle Insurance Trends You Probably Didn’t Know

This report is all about wheels. Why? Because summertime is when we see the most activity relating to insuring motor vehicles. Want to know who is hitting before they hit the road this summer? Read on!
Published: June 22, 2023
Vehicle insurance trends

Who is hitting the road on two wheels?

The open road calls to many during the summer months. Looking through our shopper data over the last few years we noticed that 10 states accounted for nearly half of all requests for motorcycle insurance on California topped the list with 14% of all requests, followed by Texas (7%), Michigan (4%), Florida (4%), New York (3%), New Jersey (3%), Georgia (3%), Colorado (3%), District of Columbia (3%) and Pennsylvania (3%).
Top 10 State for Motorcycle Insurance Requests
If you’re an agent who writes motorcycle insurance, consider partnering up with one of the insurance companies from our trusted partner network on your next policy:

What states are hot for collectable auto insurance?

Summer means that classic cars can come out from under their covers and cruise the streets. Consumers from across the nation are seeing collectible auto insurance from a Trusted Choice agent, however, there are 10 states that make up 60% of these inquiries including Florida (11%), California (10%), Texas (7%), Arizona (6%), Louisiana (6%), Minnesota (5%), New York (5%), Michigan (4%), North Carolina (4%) and Virginia (4%).
Top Requests for Collectible Auto Insurance by State
You can trust these insurers with your clients’ most precious collectible cars:

Which industries buy the most business vehicle insurance?

We see a lot of requests for commercial auto insurance come through on a daily basis. But you might be curious to know which industries are looking for this type of business insurance most frequently. At the top of the list are the trucking industry (31%), car rental companies (6%), and couriers and delivery services (5%). Other notable industries include limousine service (3%), rideshare and taxi (3%), towing (3%), used car dealers (2%) and landscaping services (2%).

Business Vehicle Insurance Requests by Industry
Professional drivers need business vehicle coverage they can rely on. Partner with one of these trusted insurance companies for your commercial vehicle clients:

Additional Resources

Want to get recommended to vehicle insurance shoppers who visit Become an Advantage agent! And be sure to use our market finder app to see which insurance companies are providing the best motor vehicle products and services to help you write all this new business!

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