Automotive Insurance Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
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The global Automotive Insurance market is expected to grow at a CAGR of 2.7% during the forecast period.
The global Automotive Insurance market is estimated to be about 196178.9 million US dollars in 2020.
The global Automotive Insurance market is estimated to reach 218209.4 million USD by 2026.
The global Automotive Insurance market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Automotive Insurance market will be able to gain an advantage as they use reports as a powerful resource.
The global Automotive Insurance market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Automotive Insurance market will be able to gain an advantage as they use reports as a powerful resource.
Automotive Insurance markets by category
Third-Party
Comprehensive
Theft
Fire
Others
Automotive Insurance Market by Application (Percentage of Demand)
Personal User
Company
Fleet
Other
Who are the leading companies in Automotive Insurance market
Allstate Insurance Company
RAC Motoring Services
Progressive Casualty Insurance Company
Clements Worldwide
GEICO
NFU Mutual
Zhongan Insurance
ABIC Inc
CPIC
State Farm Mutual Automobile Insurance Company
RSA Insurance Group plc
Zurich Insurance Group
Allianz SE
PICC
Assicurazioni Generali
Automotive Insurance markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Automotive Insurance.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Consumption Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Automotive Insurance Market Size and Growth Forecast 2014-2026
2.2 Global Automotive Insurance Market Size by Region 2014-2026
2.3 Automotive Insurance Gross Margin in Different Region 2014-2021
2.4 Global Automotive Insurance Market by Major Companies
2.1 Global Automotive Insurance Revenue and Market Share by Vendors (2016-2021)
2.2 Global Automotive Insurance Industry Concentration Ratio (CR5 and HHI)
2.3 Top 5 Automotive Insurance Vendors Market Share
2.4 Top 10 Automotive Insurance Vendors Market Share
3 Global Automotive Insurance Market by Type
3.1 Global Automotive Insurance Market Size and Growth Rate Segment by Types from 2014-2021
3.2 Brief Introduction of Different Types
3.2.1 Third-Party
3.2.2 Comprehensive
3.2.3 Theft
3.2.4 Fire
3.2.5 Others
4 Global Automotive Insurance Market by Application
4.1 Global Automotive Insurance Market Size and Growth Rate Segment by Applications from 2014-2021
4.2 Brief Introduction of Different Applications
4.2.1 Personal User
4.2.2 Company
4.2.3 Fleet
4.2.4 Other
5 North America Automotive Insurance Market Value and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Automotive Insurance Value ($) from 2014-2021
5.2 North America Automotive Insurance Market Value ($) and Growth (%) by Type from 2014-2021
5.3 North America Automotive Insurance Market Value ($) and Growth (%) by Application from 2014-2021
5.4 North America Automotive Insurance Market Value ($) and Growth (%) by Countries from 2014-2021
5.4.1 The United States
5.4.2 Canada
5.5 Top North America Automotive Insurance Participants Value ($) and Market Share (%) in 2020
6 Europe Automotive Insurance Market Value and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Automotive Insurance Value ($) from 2014-2021
6.2 Europe Automotive Insurance Market Value ($) and Growth (%) by Type from 2014-2021
6.3 Europe Automotive Insurance Market Value ($) and Growth (%) by Application from 2014-2021
6.4 Europe Automotive Insurance Market Value ($) and Growth (%) by Countries from 2014-2021
6.4.1 Germany
6.4.2 France
6.4.3 UK
6.4.4 Italy
6.4.5 Russia
…
6.5 Top Europe Automotive Insurance Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Automotive Insurance Market Value and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Automotive Insurance Value ($) from 2014-2021
7.2 Asia-Pacific Automotive Insurance Market Value ($) and Growth (%) by Type from 2014-2021
7.3 Asia-Pacific Automotive Insurance Market Value ($) and Growth (%) by Application from 2014-2021
7.4 Asia-Pacific Automotive Insurance Market Value ($) and Growth (%) by Countries from 2014-2021
7.4.1 China
7.4.2 Japan
7.4.3 Korea
7.4.4 Southeast Asia
7.4.5 India
7.4.6 Australia
…
7.5 Top Asia-Pacific Automotive Insurance Participants Value ($) and Market Share (%) in 2020
8 Latin America Automotive Insurance Market Value and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Automotive Insurance Value ($) from 2014-2021
8.2 Latin America Automotive Insurance Market Value ($) and Growth (%) by Type from 2014-2021
8.3 Latin America Automotive Insurance Market Value ($) and Growth (%) by Application from 2014-2021
8.4 Latin America Automotive Insurance Market Value ($) and Growth (%) by Countries from 2014-2021
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Chile
8.4.5 Colombia
…
8.5 Top Latin America Automotive Insurance Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Automotive Insurance Market Value and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Automotive Insurance Value ($) from 2014-2021
9.2 Middle East & Africa Automotive Insurance Market Value ($) and Growth (%) by Type from 2014-2021
9.3 Middle East & Africa Automotive Insurance Market Value ($) and Growth (%) by Application from 2014-2021
9.4 Middle East & Africa Automotive Insurance Market Value ($) and Growth (%) by Countries from 2014-2021
9.4.1 Egypt
9.4.2 Saudi Arabia
9.4.3 United Arab Emirates
9.4.4 Nigeria
9.4.5 South Africa
…
9.5 Top Middle East & Africa Automotive Insurance Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 Allstate Insurance Company
10.1.1 Allstate Insurance Company Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 Allstate Insurance Company Value, Gross and Growth Rate from 2014-2021
10.2 RAC Motoring Services
10.2.1 RAC Motoring Services Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 RAC Motoring Services Value, Gross and Growth Rate from 2014-2021
10.3 Progressive Casualty Insurance Company
10.3.1 Progressive Casualty Insurance Company Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 Progressive Casualty Insurance Company Value, Gross and Growth Rate from 2014-2021
10.4 Clements Worldwide
10.4.1 Clements Worldwide Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 Clements Worldwide Value, Gross and Growth Rate from 2014-2021
10.5 GEICO
10.5.1 GEICO Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 GEICO Value, Gross and Growth Rate from 2014-2021
10.6 NFU Mutual
10.6.1 NFU Mutual Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 NFU Mutual Value, Gross and Growth Rate from 2014-2021
10.7 Zhongan Insurance
10.7.1 Zhongan Insurance Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 Zhongan Insurance Value, Gross and Growth Rate from 2014-2021
10.8 ABIC Inc
10.8.1 ABIC Inc Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 ABIC Inc Value, Gross and Growth Rate from 2014-2021
10.9 CPIC
10.9.1 CPIC Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.9.2 CPIC Value, Gross and Growth Rate from 2014-2021
10.10 State Farm Mutual Automobile Insurance Company
10.10.1 State Farm Mutual Automobile Insurance Company Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.10.2 State Farm Mutual Automobile Insurance Company Value, Gross and Growth Rate from 2014-2021
10.11 RSA Insurance Group plc
10.11.1 RSA Insurance Group plc Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.11.2 RSA Insurance Group plc Value, Gross and Growth Rate from 2014-2021
10.12 Zurich Insurance Group
10.12.1 Zurich Insurance Group Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.12.2 Zurich Insurance Group Value, Gross and Growth Rate from 2014-2021
10.13 Allianz SE
10.13.1 Allianz SE Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.13.2 Allianz SE Value, Gross and Growth Rate from 2014-2021
10.14 PICC
10.14.1 PICC Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.14.2 PICC Value, Gross and Growth Rate from 2014-2021
10.15 Assicurazioni Generali
10.15.1 Assicurazioni Generali Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.15.2 Assicurazioni Generali Value, Gross and Growth Rate from 2014-2021
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in one or More of the Following Regions: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
11.1.2 Increasing Use of Automotive Insurance by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
12. Future Forecast of Global Automotive Insurance Market from 2021-2026
12.1 Future Forecast of Global Automotive Insurance Market from 2021-2026 Segment by Regions
12.2 Future Forecast of Global Automotive Insurance Market from 2021-2026 Segment by Type
12.3 Future Forecast of Global Automotive Insurance Market from 2021-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Market Size Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
14.8 Covid-19 Impact/Evaluation
15 Disclaimer
Research Methodology:
Automotive Insurance Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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