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U.S. auto insurance shoppers jump 6% in Q1, TransUnion says

Customers shop for insurance more actively during times of financial strain to look for policies with cheaper premiums. Auto insurance costs in April climbed 22.6% from a year earlier, according to the Bureau of Labor Statistics, which is the largest annual increase since the 1970s. "As insurers see improved profitability, it's likely that some will cautiously increase investments in customer acquisition," Stothard Deal, vice president of strategic planning for TransUnion's insurance business, said.