The report offers detailed coverage of Private Passenger Auto Insurance industry and main market trends. 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 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 2021-2027.
COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Private Passenger Auto Insurance market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
First, this report covers the present status and the future prospects of the global Private Passenger Auto Insurance market for 2015-2027.
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 by Order Type
Compulsory Insurance
Commercial Insurance
Market by Application
Ordinary Private Car
Medium and High-end Private Car
Market Segment as follows:
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 - 2027?
• What are the driving forces in the Private Passenger Auto Insurance market for the forecast period 2021 - 2027?
• 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?
For any other requirements, please feel free to contact us and we will provide you customized report.