Vehicle insurance (also known as car insurance, motor insurance or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against theft of the vehicle, and against damage to the vehicle sustained from events other than traffic collisions, such as keying, weather or natural disasters, and damage sustained by colliding with stationary objects. The specific terms of vehicle insurance vary with legal regulations in each region. This report studies the private passenger auto insurance.
The report offers detailed coverage of Private Passenger Auto Insurance industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Private Passenger Auto Insurance by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Private Passenger Auto Insurance market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Private Passenger Auto Insurance market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
State Farm
GEICO
Progressive
Allstate
USAA
Liberty Mutual
Farmers
Nationwide
Travelers
American Family
Auto Club Exchange
Erie Insurance
CSAA Insurance Exchange
National General Holdings Corp.
Mercury General Corp.
Auto-Owners Insurance
MetLife
Hartford Financial Services
Auto Club Insurance Association
MAPFRE
Kemper Corp.
Amica Mutual Insurance Co.
Infinity P&C Corp.
COUNTRY Financial
Hanover Insurance Group
NJM Insurance
Southern Farm Bureau Casualty
Sentry Insurance
Shelter Insurance
Alfa Mutual Group
At the same time, we classify Private Passenger Auto Insurance according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Compulsory Insurance
Commercial Insurance
Market by Application
Ordinary Private Car
Medium and High-end Private Car
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Private Passenger Auto Insurance market for the forecast period 2021 - 2025?
• What are the driving forces in the Private Passenger Auto Insurance market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Private Passenger Auto Insurance industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?