Automobile Insurance Market - Industry Trends & Forecast to 2020
Automobile insurance is insurance purchased for cars, trucks, motorcycles and other road vehicles to provide financial protection against physical damage resulting from traffic collisions and theft of the vehicle. As the number of road accidents is high in most countries across the globe, the automobile insurance market has a lot of scope for growth. Vehicle insurance is compulsory in almost all legislations which would lead to sustainable growth of the automobile insurance market.
The report classifies automotive insurance market in terms of volume and value. It provides a comprehensive analysis and insight on the market. It also provides review of market drivers, restraints, challenges and opportunities in the automotive insurance market. Additionally, it provides information about current and emerging market trends as well as forecasts the market during the period 2015-2020. Major players in the market have been identified and profiled.
Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.
Growth opportunities and latent adjacency in Automobile Insurance Market