Global Car Insurance Report Thumbnail

Global Car Insurance Market by Type (Collision/Comprehensive/Other Optional Coverages, Third Party Liable Coverage), by Application (Commercial, Personal), by Vehicle Age (Used Vehicles, New Vehicles), by Distribution Channel (Insurance Agents/Brokers, Direct Response, Banks) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: SS-76245
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 100
  • No. Of Pages: 222
  • Format:
  • Pub. Date: 2022-01-11
  • Share:

Up Market Research published a new report titled “Car Insurance Market research report which is segmented by Type (Collision/Comprehensive/Other Optional Coverages, Third Party Liable Coverage), by Application (Commercial, Personal), by Vehicle Age (Used Vehicles, New Vehicles), by Distribution Channel (Insurance Agents/Brokers, Direct Response, Banks), By Players/Companies State Farm Mutual Automobile Insurance, Admiral Group plc, People’s Insurance Company of China, CHINA PACIFIC INSURANCE CO and Allstate Insurance Company, Major players analyzed include Allianz, Berkshire Hathaway Inc., Tokio Marine Group, GEICO, Ping An Insurance (Group) Company of China Ltd”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleCar Insurance Market Research Report
By TypeCollision/Comprehensive/Other Optional Coverages, Third Party Liable Coverage
By ApplicationCommercial, Personal
By Vehicle AgeUsed Vehicles, New Vehicles
By Distribution ChannelInsurance Agents/Brokers, Direct Response, Banks
By CompaniesState Farm Mutual Automobile Insurance, Admiral Group plc, People’s Insurance Company of China, CHINA PACIFIC INSURANCE CO and Allstate Insurance Company, Major players analyzed include Allianz, Berkshire Hathaway Inc., Tokio Marine Group, GEICO, Ping An Insurance (Group) Company of China Ltd
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages222
Number of Tables & Figures156
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Car Insurance Industry Outlook

Global Car Insurance Market Report Segments:

The market is segmented by Type (Collision/Comprehensive/Other Optional Coverages, Third Party Liable Coverage), by Application (Commercial, Personal), by Vehicle Age (Used Vehicles, New Vehicles), by Distribution Channel (Insurance Agents/Brokers, Direct Response, Banks).

Car Insurance Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Car Insurance Market

Overview of the regional outlook of the Car Insurance Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Car Insurance Market Overview

Highlights of The Car Insurance Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Car Insurance Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Type:

                1. Collision/Comprehensive/Other Optional Coverages

                2. Third Party Liable Coverage

        7. By Application:

                1. Commercial

                2. Personal

        8. By Vehicle Age:

                1. Used Vehicles

                2. New Vehicles

        9. By Distribution Channel:

                1. Insurance Agents/Brokers

                2. Direct Response

                3. Banks

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Car Insurance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Car Insurance Market Trends

Reasons to Purchase the Car Insurance Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Insurance Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Car Insurance Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Car Insurance Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Car Insurance Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Car Insurance Market Size & Forecast, 2018-2028 
      4.5.1 Car Insurance Market Size and Y-o-Y Growth 
      4.5.2 Car Insurance Market Absolute $ Opportunity 


Chapter 5 Global Car Insurance Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Car Insurance Market Size Forecast by Type
      5.2.1 Collision/Comprehensive/Other Optional Coverages
      5.2.2 Third Party Liable Coverage
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Car Insurance Market Analysis and Forecast by Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Application
      6.1.2 Basis Point Share (BPS) Analysis by Application
      6.1.3 Absolute $ Opportunity Assessment by Application
   6.2 Car Insurance Market Size Forecast by Application
      6.2.1 Commercial
      6.2.2 Personal
   6.3 Market Attractiveness Analysis by Application

Chapter 7 Global Car Insurance Market Analysis and Forecast by Vehicle Age
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Vehicle Age
      7.1.2 Basis Point Share (BPS) Analysis by Vehicle Age
      7.1.3 Absolute $ Opportunity Assessment by Vehicle Age
   7.2 Car Insurance Market Size Forecast by Vehicle Age
      7.2.1 Used Vehicles
      7.2.2 New Vehicles
   7.3 Market Attractiveness Analysis by Vehicle Age

Chapter 8 Global Car Insurance Market Analysis and Forecast by Distribution Channel
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Distribution Channel
      8.1.2 Basis Point Share (BPS) Analysis by Distribution Channel
      8.1.3 Absolute $ Opportunity Assessment by Distribution Channel
   8.2 Car Insurance Market Size Forecast by Distribution Channel
      8.2.1 Insurance Agents/Brokers
      8.2.2 Direct Response
      8.2.3 Banks
   8.3 Market Attractiveness Analysis by Distribution Channel

Chapter 9 Global Car Insurance Market Analysis and Forecast by Region
   9.1 Introduction
      9.1.1 Key Market Trends & Growth Opportunities by Region
      9.1.2 Basis Point Share (BPS) Analysis by Region
      9.1.3 Absolute $ Opportunity Assessment by Region
   9.2 Car Insurance Market Size Forecast by Region
      9.2.1 North America
      9.2.2 Europe
      9.2.3 Asia Pacific
      9.2.4 Latin America
      9.2.5 Middle East & Africa (MEA)
   9.3 Market Attractiveness Analysis by Region

Chapter 10 Coronavirus Disease (COVID-19) Impact 
   10.1 Introduction 
   10.2 Current & Future Impact Analysis 
   10.3 Economic Impact Analysis 
   10.4 Government Policies 
   10.5 Investment Scenario

Chapter 11 North America Car Insurance Analysis and Forecast
   11.1 Introduction
   11.2 North America Car Insurance Market Size Forecast by Country
      11.2.1 U.S.
      11.2.2 Canada
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 North America Car Insurance Market Size Forecast by Type
      11.6.1 Collision/Comprehensive/Other Optional Coverages
      11.6.2 Third Party Liable Coverage
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 North America Car Insurance Market Size Forecast by Application
      11.10.1 Commercial
      11.10.2 Personal
   11.11 Basis Point Share (BPS) Analysis by Application 
   11.12 Absolute $ Opportunity Assessment by Application 
   11.13 Market Attractiveness Analysis by Application
   11.14 North America Car Insurance Market Size Forecast by Vehicle Age
      11.14.1 Used Vehicles
      11.14.2 New Vehicles
   11.15 Basis Point Share (BPS) Analysis by Vehicle Age 
   11.16 Absolute $ Opportunity Assessment by Vehicle Age 
   11.17 Market Attractiveness Analysis by Vehicle Age
   11.18 North America Car Insurance Market Size Forecast by Distribution Channel
      11.18.1 Insurance Agents/Brokers
      11.18.2 Direct Response
      11.18.3 Banks
   11.19 Basis Point Share (BPS) Analysis by Distribution Channel 
   11.20 Absolute $ Opportunity Assessment by Distribution Channel 
   11.21 Market Attractiveness Analysis by Distribution Channel

Chapter 12 Europe Car Insurance Analysis and Forecast
   12.1 Introduction
   12.2 Europe Car Insurance Market Size Forecast by Country
      12.2.1 Germany
      12.2.2 France
      12.2.3 Italy
      12.2.4 U.K.
      12.2.5 Spain
      12.2.6 Russia
      12.2.7 Rest of Europe
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Europe Car Insurance Market Size Forecast by Type
      12.6.1 Collision/Comprehensive/Other Optional Coverages
      12.6.2 Third Party Liable Coverage
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Europe Car Insurance Market Size Forecast by Application
      12.10.1 Commercial
      12.10.2 Personal
   12.11 Basis Point Share (BPS) Analysis by Application 
   12.12 Absolute $ Opportunity Assessment by Application 
   12.13 Market Attractiveness Analysis by Application
   12.14 Europe Car Insurance Market Size Forecast by Vehicle Age
      12.14.1 Used Vehicles
      12.14.2 New Vehicles
   12.15 Basis Point Share (BPS) Analysis by Vehicle Age 
   12.16 Absolute $ Opportunity Assessment by Vehicle Age 
   12.17 Market Attractiveness Analysis by Vehicle Age
   12.18 Europe Car Insurance Market Size Forecast by Distribution Channel
      12.18.1 Insurance Agents/Brokers
      12.18.2 Direct Response
      12.18.3 Banks
   12.19 Basis Point Share (BPS) Analysis by Distribution Channel 
   12.20 Absolute $ Opportunity Assessment by Distribution Channel 
   12.21 Market Attractiveness Analysis by Distribution Channel

Chapter 13 Asia Pacific Car Insurance Analysis and Forecast
   13.1 Introduction
   13.2 Asia Pacific Car Insurance Market Size Forecast by Country
      13.2.1 China
      13.2.2 Japan
      13.2.3 South Korea
      13.2.4 India
      13.2.5 Australia
      13.2.6 South East Asia (SEA)
      13.2.7 Rest of Asia Pacific (APAC)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Asia Pacific Car Insurance Market Size Forecast by Type
      13.6.1 Collision/Comprehensive/Other Optional Coverages
      13.6.2 Third Party Liable Coverage
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Asia Pacific Car Insurance Market Size Forecast by Application
      13.10.1 Commercial
      13.10.2 Personal
   13.11 Basis Point Share (BPS) Analysis by Application 
   13.12 Absolute $ Opportunity Assessment by Application 
   13.13 Market Attractiveness Analysis by Application
   13.14 Asia Pacific Car Insurance Market Size Forecast by Vehicle Age
      13.14.1 Used Vehicles
      13.14.2 New Vehicles
   13.15 Basis Point Share (BPS) Analysis by Vehicle Age 
   13.16 Absolute $ Opportunity Assessment by Vehicle Age 
   13.17 Market Attractiveness Analysis by Vehicle Age
   13.18 Asia Pacific Car Insurance Market Size Forecast by Distribution Channel
      13.18.1 Insurance Agents/Brokers
      13.18.2 Direct Response
      13.18.3 Banks
   13.19 Basis Point Share (BPS) Analysis by Distribution Channel 
   13.20 Absolute $ Opportunity Assessment by Distribution Channel 
   13.21 Market Attractiveness Analysis by Distribution Channel

Chapter 14 Latin America Car Insurance Analysis and Forecast
   14.1 Introduction
   14.2 Latin America Car Insurance Market Size Forecast by Country
      14.2.1 Brazil
      14.2.2 Mexico
      14.2.3 Rest of Latin America (LATAM)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Latin America Car Insurance Market Size Forecast by Type
      14.6.1 Collision/Comprehensive/Other Optional Coverages
      14.6.2 Third Party Liable Coverage
   14.7 Basis Point Share (BPS) Analysis by Type 
   14.8 Absolute $ Opportunity Assessment by Type 
   14.9 Market Attractiveness Analysis by Type
   14.10 Latin America Car Insurance Market Size Forecast by Application
      14.10.1 Commercial
      14.10.2 Personal
   14.11 Basis Point Share (BPS) Analysis by Application 
   14.12 Absolute $ Opportunity Assessment by Application 
   14.13 Market Attractiveness Analysis by Application
   14.14 Latin America Car Insurance Market Size Forecast by Vehicle Age
      14.14.1 Used Vehicles
      14.14.2 New Vehicles
   14.15 Basis Point Share (BPS) Analysis by Vehicle Age 
   14.16 Absolute $ Opportunity Assessment by Vehicle Age 
   14.17 Market Attractiveness Analysis by Vehicle Age
   14.18 Latin America Car Insurance Market Size Forecast by Distribution Channel
      14.18.1 Insurance Agents/Brokers
      14.18.2 Direct Response
      14.18.3 Banks
   14.19 Basis Point Share (BPS) Analysis by Distribution Channel 
   14.20 Absolute $ Opportunity Assessment by Distribution Channel 
   14.21 Market Attractiveness Analysis by Distribution Channel

Chapter 15 Middle East & Africa (MEA) Car Insurance Analysis and Forecast
   15.1 Introduction
   15.2 Middle East & Africa (MEA) Car Insurance Market Size Forecast by Country
      15.2.1 Saudi Arabia
      15.2.2 South Africa
      15.2.3 UAE
      15.2.4 Rest of Middle East & Africa (MEA)
   15.3 Basis Point Share (BPS) Analysis by Country
   15.4 Absolute $ Opportunity Assessment by Country
   15.5 Market Attractiveness Analysis by Country
   15.6 Middle East & Africa (MEA) Car Insurance Market Size Forecast by Type
      15.6.1 Collision/Comprehensive/Other Optional Coverages
      15.6.2 Third Party Liable Coverage
   15.7 Basis Point Share (BPS) Analysis by Type 
   15.8 Absolute $ Opportunity Assessment by Type 
   15.9 Market Attractiveness Analysis by Type
   15.10 Middle East & Africa (MEA) Car Insurance Market Size Forecast by Application
      15.10.1 Commercial
      15.10.2 Personal
   15.11 Basis Point Share (BPS) Analysis by Application 
   15.12 Absolute $ Opportunity Assessment by Application 
   15.13 Market Attractiveness Analysis by Application
   15.14 Middle East & Africa (MEA) Car Insurance Market Size Forecast by Vehicle Age
      15.14.1 Used Vehicles
      15.14.2 New Vehicles
   15.15 Basis Point Share (BPS) Analysis by Vehicle Age 
   15.16 Absolute $ Opportunity Assessment by Vehicle Age 
   15.17 Market Attractiveness Analysis by Vehicle Age
   15.18 Middle East & Africa (MEA) Car Insurance Market Size Forecast by Distribution Channel
      15.18.1 Insurance Agents/Brokers
      15.18.2 Direct Response
      15.18.3 Banks
   15.19 Basis Point Share (BPS) Analysis by Distribution Channel 
   15.20 Absolute $ Opportunity Assessment by Distribution Channel 
   15.21 Market Attractiveness Analysis by Distribution Channel

Chapter 16 Competition Landscape 
   16.1 Car Insurance Market: Competitive Dashboard
   16.2 Global Car Insurance Market: Market Share Analysis, 2019
   16.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      16.3.1 State Farm Mutual Automobile Insurance
      16.3.2 Admiral Group plc
      16.3.3 People’s Insurance Company of China
      16.3.4 CHINA PACIFIC INSURANCE CO and Allstate Insurance Company
      16.3.5 Major players analyzed include Allianz
      16.3.6 Berkshire Hathaway Inc.
      16.3.7 Tokio Marine Group
      16.3.8 GEICO
      16.3.9 Ping An Insurance (Group) Company of China Ltd
Segments Covered in the Report
The global Car Insurance market has been segmented based on

By Type
  • Collision/Comprehensive/Other Optional Coverages
  • Third Party Liable Coverage
By Application
  • Commercial
  • Personal
By Vehicle Age
  • Used Vehicles
  • New Vehicles
By Distribution Channel
  • Insurance Agents/Brokers
  • Direct Response
  • Banks
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • State Farm Mutual Automobile Insurance
  • Admiral Group plc
  • People’s Insurance Company of China
  • CHINA PACIFIC INSURANCE CO and Allstate Insurance Company
  • Major players analyzed include Allianz
  • Berkshire Hathaway Inc.
  • Tokio Marine Group
  • GEICO
  • Ping An Insurance (Group) Company of China Ltd

Buy Report