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Americans Don’t Love Their Insurance, but Most Don’t Shop Around

Over the past 12 months, the cost of insurance has prompted more than 1 in 10 Americans who own insurance aside from health care coverage (12%) to not make a major purchase, and a similar proportion (11%) to decrease their coverage to save money, according to a new NerdWallet survey.


Yet only about a quarter of those who own insurance aside from health care coverage (28%) say they shopped around for lower insurance prices in the last 12 months.


The June 2023 survey of more than 2,000 Americans, conducted by The Harris Poll, asked how insurance owners (defined as those who own insurance aside from health care coverage) and shoppers were feeling about the products they have and the prices they pay.


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