Press release
Automotive & Vehicle Insurance Market SWOT Analysis by Key Players: State Farm, GEICO, Progressive, Allstate, USAA, Liberty Mutual, Farmers, Nationwide, Travelers, American Family
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.In 2017, the global Automotive & Vehicle Insurance market size was 205000 million US$ and it is expected to reach 237400 million US$ by the end of 2025, with a CAGR of 1.9% during 2018-2025.
This report focuses on the global Automotive & Vehicle Insurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automotive & Vehicle Insurance development in United States, Europe and China.
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The key players covered in this study
State Farm
GEICO
Progressive
Allstate
USAA
Liberty Mutual
Farmers
Nationwide
Travelers
American Family
Market segment by Type, the product can be split into
Liability Insurance
Collision Coverage
Comprehensive Coverage
Personal Injury Protection
Market segment by Application, split into
Passenger Car
Commercial Vehicle
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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