AutoInsurance News & Analysis

AI Tools Reduce Auto Insurance Shopping Time by Over 75%

The 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.