Press release
Motor Vehicle Insurance Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)
The global motor vehicle insurance market is segmented based on the vehicle type and policy type. Based on the vehicle type, the market is segmented into personal vehicle and commercial vehicle. Among these vehicle types, the passenger vehicles segment holds the major share in the market. The rising per capita income of customers is the driving factor for this segment. The commercial vehicles segment is majorly driven by the increasing sales of cabs. COVID-19 had made lots of people unemployed, and most of these unemployed people are searching for different ways to earn a livelihood. By becoming a cab service provider, such people become self-employed. Thus, driving the growth of the commercial vehicle segment. Based on the policy type, the market is sub-segmented into third-party vehicle insurance, fire & theft vehicle insurance, and comprehensive vehicle insurance. The above-mentioned segments can also be customized as per the requirements.
To Request a Sample of our Report on Motor Vehicle Insurance Market: https://www.omrglobal.com/request-sample/motor-vehicle-insurance-market
Motor Vehicle Insurance Market Segmentation
By Vehicle Type
Personal Vehicle
Commercial Vehicle
By Policy Type
Third-Party Vehicle Insurance
Fire & Theft Vehicle Insurance
Comprehensive Vehicle Insurance
A full Report of Motor Vehicle Insurance Market is Available @ https://www.omrglobal.com/industry-reports/motor-vehicle-insurance-market
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Company Profiles
Allianz SE
Allstate
American Family Insurance
Assicurazioni Generali
AXA SA
Bajaj FinServ Ltd.
GEICO (Berkshire Hathaway Inc.)
HDFC ERGO General Insurance
IFFCO Tokio General Insurance
Liberty Mutual
National Insurance Co.
PICC Property & Casualty Co. Ltd.
Ping An Insurance
Progressive
Royal Sundaram General Insurance
State Farm
TATA AIG GIC, Ltd.
The Oriental Insurance Co.
United India Insurance Co. Ltd.
USAA
Zurich AG
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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