Global and United States Private Passenger Auto Insurance Market Report & Forecast 2022-2028

SKU ID : QYR-20750007 | Publishing Date : 19-Apr-2022 | No. of pages : 123

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.
Market Analysis and Insights: Global and United States Private Passenger Auto Insurance Market
This report focuses on global and United States Private Passenger Auto Insurance market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Private Passenger Auto Insurance market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Compulsory Insurance accounting for % of the Private Passenger Auto Insurance global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Ordinary Private Car was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Private Passenger Auto Insurance market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Private Passenger Auto Insurance Scope and Market Size
Private Passenger Auto Insurance market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Private Passenger Auto Insurance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Private Passenger Auto Insurance market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Compulsory Insurance
Commercial Insurance
Segment by Application
Ordinary Private Car
Medium and High-end Private Car
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
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

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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