Discontinued — last reported Q4 '23
Products & Services · 4th Year
Homeowners — 4th Year
The Hartford Financial Services Group Homeowners — 4th Year remained flat by 0.0% to 0.5% in Q4 2023 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2023
How to read this metric
Growth in this cohort reflects successful long-term retention strategies and customer lifetime value.
Detailed definition
This metric tracks homeowners insurance policies that have reached their fourth year of tenure. It provides insight into...
Peer comparison
Similar to long-term policyholder retention metrics in the insurance industry.
Metric ID:
hig_segment_homeowners_4th_yearHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | 0.3% | 0.5% | 0.5% |
| QoQ Change | — | +66.7% | +0.0% |
| YoY Change | — | +66.7% | +0.0% |
Range0.3% – 0.5%
Avg YoY Growth+33.3%
Median YoY Growth+33.3%
Current Streak2+ quarters growth
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Frequently Asked Questions
- What is The Hartford Financial Services Group's homeowners — 4th year?
- The Hartford Financial Services Group (HIG) reported homeowners — 4th year of 0.5% in Q4 2023.
- What does homeowners — 4th year mean?
- The volume of homeowners insurance business for policies in their fourth year.