Business Strategy of Ridesharing Insurance Market in Global Industry 2019 to 2023 | Key Players - Allianz, AXA, State Farm, GEICO, Safeco, Allstate
Global Ridesharing Insurance Market Synopsis:
This report studies the Ridesharing Insurance Market over the forecast period of 2019 to 2023. The Ridesharing Insurance Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2019 to 2023.
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The Global “Ridesharing Insurance Market” research 2019 highlights the major details and provides in-depth analysis of the market along with the future growth, prospects and Industry demands analysis explores with the help of complete report with 90 Pages, figures, graphs and table of contents to analyze the situations of global Ridesharing Insurance Market and Assessment to 2023.
With tables and figures helping analyze worldwide Ridesharing Insurance market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Ridesharing Insurance Market report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Ridesharing Insurance Market by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report. The scope of the report includes a detailed study of Ridesharing Insurance Market with the reasons given for variations in the growth of the industry in certain regions.
The official name for a ride-sharing business is a Transportation Network Company (TNC). TNCs contract with drivers who use their personal vehicles to transport passengers. Therefore, many of the drivers who work for TNCs do not have a livery driver’s license, and their cars are neither registered nor insured as commercial vehicles. These drivers are distinct from limousine or taxi drivers, who use a commercial vehicle and already have commercial insurance coverage.
Rideshare insurance provides liability and damage coverage when driving for Uber, Lyft, or other ride-hailing companies. It provides primary coverage when the app is on and the driver is waiting for a ride request. Rideshare insurance covers gaps in a driver’s personal auto policy and the insurance policies provided by rideshare companies.
Ridesharing Insurance Market Covers the Table of Contents With Segments, Key Players And Region. Based on Product Type, Ridesharing Insurance Market is sub segmented into Peer-to-peer ridesharing and Real-time ridesharing. On the Basis of Application, Market is sub segmented into Commercial and Personal.
Major Players profiled in the Ridesharing Insurance Marketreport incorporate: Allianz, AXA, State Farm, GEICO, Safeco, Allstate, USAA, American Family Insurance, PEMCO, Erie Insurance, Farmers, Liberty Mutual, Travelers, PICC, PianAn, AIG
For the past year, Allstate has partnered with Uber Technologies, Inc. to provide commercial insurance protection to riders and drivers in Illinois, New Jersey, New York and Wisconsin. Coverage now expands to Alaska, Idaho, Michigan, Minnesota, Montana, New Mexico, Nevada, Oregon, Utah, Washington and Wyoming.
The policies, managed by Allstate Business Insurance, insure the entire cycle of an Uber trip, from when a driver-partner turns on the Uber app, to rider pick up and during the trip. Riders are protected under the Allstate policies at no additional cost every time they take an Uber. Allstate’s expanded commercial coverage for Uber also includes its fast-growing food delivery service in certain states.
“We know consumers are embracing the sharing economy,” said Allstate Executive Vice President Tom Troy. “We want to grow by protecting people from life’s uncertainties, including those within this emerging market. We’re excited to expand our partnership with Uber and bring Allstate’s legacy of safety to even more people.”
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Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of RIDESHARING INSURANCE in these regions, from 2014 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America.
Ridesharing Insurance Market Questions Answered in this Report:
1 What are the major market drivers, challenges, and opportunities in the global Ridesharing Insurance Market?
2 What was the market value of the leading segments and sub-segments of the global Ridesharing Insurance Market in 2018?
3 How will each segment of the global Ridesharing Insurance Market grow during the forecast period and what will be the revenue generated by each of the segments by the end of 2023?
4 What are the influencing factors that may affect the market share of the key players?
5 How will the industry evolve during the forecast period 2019-2023?
6 Who are the key players in the Ridesharing Insurance Market and end user market and what are their contributions?
Major Points in Table of Contents:
Table of Contents
Section 1 Ridesharing Insurance Product Definition
Section 2 Global Ridesharing Insurance Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Ridesharing Insurance Shipments
2.2 Global Manufacturer Ridesharing Insurance Business Revenue
2.3 Global Ridesharing Insurance Market Overview
Section 3 Manufacturer Ridesharing Insurance Business Introduction
3.1 Allianz Ridesharing Insurance Business Introduction
3.1.1 Allianz Ridesharing Insurance Shipments, Price, Revenue and Gross profit 2014-2018
3.1.2 Allianz Ridesharing Insurance Business Distribution by Region
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