According to a survey conducted in Australia in the year ended March 2021, around 62.9 percent of the respondents renewed their vehicle insurance without approaching other companies. In the same period, 7.9 percent of respondents stated that they changed their vehicle insurance provider.
Actions taken with vehicle insurance in Australia in March 2020 and March 2021
Characteristic
Renewed without approaching other company
Renewed after approaching other companies
Switched from other company
Took out that insurance for the first time
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Roy Morgan. (June 8, 2021). Actions taken with vehicle insurance in Australia in March 2020 and March 2021 [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1255333/australia-share-of-actions-taken-with-vehicle-insurance/
Roy Morgan. "Actions taken with vehicle insurance in Australia in March 2020 and March 2021." Chart. June 8, 2021. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1255333/australia-share-of-actions-taken-with-vehicle-insurance/
Roy Morgan. (2021). Actions taken with vehicle insurance in Australia in March 2020 and March 2021. Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1255333/australia-share-of-actions-taken-with-vehicle-insurance/
Roy Morgan. "Actions Taken with Vehicle Insurance in Australia in March 2020 and March 2021." Statista, Statista Inc., 8 Jun 2021, https://www.statista.com/statistics/1255333/australia-share-of-actions-taken-with-vehicle-insurance/
Roy Morgan, Actions taken with vehicle insurance in Australia in March 2020 and March 2021 Statista, https://www.statista.com/statistics/1255333/australia-share-of-actions-taken-with-vehicle-insurance/ (last visited June 18, 2024)
Actions taken with vehicle insurance in Australia in March 2020 and March 2021 [Graph], Roy Morgan, June 8, 2021. [Online]. Available: https://www.statista.com/statistics/1255333/australia-share-of-actions-taken-with-vehicle-insurance/