Latest / The Demographics Podcast with Fexingo: Aging Populations, Birth Rates, and Economic Impact
How Falling Birth Rates Reshape the Auto Insurance Industry
Episode 105 of The Demographics Podcast explores how declining birth rates and an aging population are transforming the auto insurance industry. Lucas and Luna examine the surprising shift from a growing pool of young drivers to a shrinking market, and how insurers are adapting to fewer accidents but higher costs per claim. They drill into a specific case: the rise of 'pay-as-you-drive' telematics policies, which now account for over 15% of new auto insurance policies in the US, up from just 3% in 2020. The hosts break down why older drivers pay less per mile but more per claim due…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.