AI Tools Reduce Auto Insurance Shopping Time by Over 75%
Published on · Source: cnbc.com

AI Summary
Summarized by AI from the source belowThe average annual auto insurance premium has increased by 18% year-over-year, now at $1,084 every six months, according to The Zebra. New AI-powered tools like Jerry aim to streamline the comparison shopping process, reducing it from hours to approximately 15 minutes. Jerry allows users to compare rates from at least a dozen insurers, making it available across all 50 U.S. states and Washington, D.C. The need for effective comparison shopping is crucial as insurance prices continue to rise.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Get the weekly market brief
One email every Monday: what moved, why, and what to watch. Free, unsubscribe anytime.
Get stories like this as they break
Our Telegram channel posts every market story the moment it is published. Free, and you can mute or leave anytime.
Related News

Ph.D. Applicant Faces 2,300 Job Rejections Highlighting Hiring Challenges
Oct 19

SpaceX AI Computing Power Rental Driving Revenue Growth but Raising Costs
Oct 19

Apple (AAPL) Announces Oct. 28 Product Launch for Pro Devices
Oct 19

Nasdaq Leads Tech Rally with Oil Prices Falling and Yields Rising
Oct 19