Report overview
Auto insurance is a policy purchased by vehicle owners to mitigate costs associated with getting into an auto accident. Instead of paying out-of-pocket for auto accidents, people pay annual?premiums?to an auto?insurance?company; the company then pays all or most of the costs associated with an auto accident or other vehicle damage.
This report aims to provide a comprehensive presentation of the global market for Personal Auto Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Personal Auto Insurance. This report contains market size and forecasts of Personal Auto Insurance in global, including the following market information:
Global Personal Auto Insurance Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Personal Auto Insurance market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Compulsory Insurance Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Personal Auto Insurance include PICC, Progressive Corporation, Ping An, AXA, Sompo Japan, Tokyo Marine, Travelers Group, Liberty Mutual Group and Zurich, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Personal Auto Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Personal Auto Insurance Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Personal Auto Insurance Market Segment Percentages, by Type, 2022 (%)
Compulsory Insurance
Optional Insurance
Global Personal Auto Insurance Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Personal Auto Insurance Market Segment Percentages, by Application, 2022 (%)
Car
Truck
Other
Global Personal Auto Insurance Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Personal Auto Insurance Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Personal Auto Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Personal Auto Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
PICC
Progressive Corporation
Ping An
AXA
Sompo Japan
Tokyo Marine
Travelers Group
Liberty Mutual Group
Zurich
CPIC
Nationwide
Mitsui Sumitomo Insurance
Aviva
Berkshire Hathaway
Old Republic International
Auto Owners Grp
Generali Group
MAPFRE
Chubb
AmTrust NGH
China Life Insurance Group
American International Group
State Farm
Erie Insurance
Allstate
Outline of Major Chapters:
Chapter 1: Introduces the definition of Personal Auto Insurance, market overview.
Chapter 2: Global Personal Auto Insurance market size in revenue.
Chapter 3: Detailed analysis of Personal Auto Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Personal Auto Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
