The global car rental insurance market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for car rental services and the rising number of accidents on roads. The major players in this market are AIG, Allianz SE, AXA Group, Chubb Limited, Generali Group S.p.A., Liberty Mutual Holding Company Inc, Munich Reinsurance America Inc, and Zurich Insurance Group Ltd .
- The number of cars on the road is increasing, which means more people are renting cars.
- Car rental companies are expanding their fleets to meet demand for rentals.
- The cost of car ownership is increasing, which makes renting a car more attractive to consumers who don't want to deal with the hassle of owning a vehicle and maintaining it themselves.
- There's an increased focus on safety in the industry, which has led to new safety features being added to vehicles and better training for drivers in order to reduce accidents and injuries while driving or riding as a passenger in a rental car.
- There's been an increase in international travel due to globalization, which has led many people who would otherwise not have rented cars before now doing so because they're traveling internationally.
Industry Growth Insights published a new data on “Car Rental Insurance Market”. The research report is titled “Car Rental Insurance Market research by Types (Insurance for Vehicle Loss, Third Party Insurance, Pilfer, Other, ), By Applications (Personal, Enterprise, ), By Players/Companies Allianz, State Farm Mutual Automobile Insurance Company, ShouQi, Avis, Allstate, BCS Insurance, Enterprise, Dollar Thrifty Automotive Group, Europcar, Volkswagen Leasing, ShouQi, API Pty, Citigroup, American Express, Manitoba Public Insurance, American Express, ”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Rental Insurance Market Research Report
By Type
Insurance for Vehicle Loss, Third Party Insurance, Pilfer, Other,
By Application
Personal, Enterprise,
By Companies
Allianz, State Farm Mutual Automobile Insurance Company, ShouQi, Avis, Allstate, BCS Insurance, Enterprise, Dollar Thrifty Automotive Group, Europcar, Volkswagen Leasing, ShouQi, API Pty, Citigroup, American Express, Manitoba Public Insurance, American Express,
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Car Rental Insurance Market Report Segments:
The global Car Rental Insurance market is segmented on the basis of:
Types
Insurance for Vehicle Loss, Third Party Insurance, Pilfer, Other,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal, Enterprise,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Allianz
- State Farm Mutual Automobile Insurance Company
- ShouQi
- Avis
- Allstate
- BCS Insurance
- Enterprise
- Dollar Thrifty Automotive Group
- Europcar
- Volkswagen Leasing
- ShouQi
- API Pty
- Citigroup
- American Express
- Manitoba Public Insurance
- American Express
Highlights of The Car Rental Insurance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Insurance for Vehicle Loss
- Third Party Insurance
- Pilfer
- Other
- By Application:
- Personal
- Enterprise
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Car Rental Insurance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Car rental insurance is a type of insurance that covers you and your vehicle in the event of an accident. It can help cover damages to your car, as well as any injuries you may suffer.
Some of the key players operating in the car rental insurance market are Allianz, State Farm Mutual Automobile Insurance Company, ShouQi, Avis, Allstate, BCS Insurance, Enterprise, Dollar Thrifty Automotive Group, Europcar, Volkswagen Leasing, ShouQi, API Pty, Citigroup, American Express, Manitoba Public Insurance, American Express.
The car rental insurance market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Car Rental Insurance Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Car Rental Insurance Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Car Rental Insurance Market - Supply Chain
4.5. Global Car Rental Insurance Market Forecast
4.5.1. Car Rental Insurance Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Car Rental Insurance Market Size (000 Units) and Y-o-Y Growth
4.5.3. Car Rental Insurance Market Absolute $ Opportunity
5. Global Car Rental Insurance Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Car Rental Insurance Market Size and Volume Forecast by Type
5.3.1. Insurance for Vehicle Loss
5.3.2. Third Party Insurance
5.3.3. Pilfer
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Car Rental Insurance Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Car Rental Insurance Market Size and Volume Forecast by Application
6.3.1. Personal
6.3.2. Enterprise
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Car Rental Insurance Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Car Rental Insurance Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Car Rental Insurance Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Car Rental Insurance Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Car Rental Insurance Demand Share Forecast, 2019-2026
9. North America Car Rental Insurance Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Car Rental Insurance Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Car Rental Insurance Market Size and Volume Forecast by Application
9.4.1. Personal
9.4.2. Enterprise
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Car Rental Insurance Market Size and Volume Forecast by Type
9.7.1. Insurance for Vehicle Loss
9.7.2. Third Party Insurance
9.7.3. Pilfer
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Car Rental Insurance Demand Share Forecast, 2019-2026
10. Latin America Car Rental Insurance Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Car Rental Insurance Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Car Rental Insurance Market Size and Volume Forecast by Application
10.4.1. Personal
10.4.2. Enterprise
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Car Rental Insurance Market Size and Volume Forecast by Type
10.7.1. Insurance for Vehicle Loss
10.7.2. Third Party Insurance
10.7.3. Pilfer
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Car Rental Insurance Demand Share Forecast, 2019-2026
11. Europe Car Rental Insurance Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Car Rental Insurance Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Car Rental Insurance Market Size and Volume Forecast by Application
11.4.1. Personal
11.4.2. Enterprise
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Car Rental Insurance Market Size and Volume Forecast by Type
11.7.1. Insurance for Vehicle Loss
11.7.2. Third Party Insurance
11.7.3. Pilfer
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Car Rental Insurance Demand Share, 2019-2026
12. Asia Pacific Car Rental Insurance Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Car Rental Insurance Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Car Rental Insurance Market Size and Volume Forecast by Application
12.4.1. Personal
12.4.2. Enterprise
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Car Rental Insurance Market Size and Volume Forecast by Type
12.7.1. Insurance for Vehicle Loss
12.7.2. Third Party Insurance
12.7.3. Pilfer
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Car Rental Insurance Demand Share, 2019-2026
13. Middle East & Africa Car Rental Insurance Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Car Rental Insurance Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Car Rental Insurance Market Size and Volume Forecast by Application
13.4.1. Personal
13.4.2. Enterprise
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Car Rental Insurance Market Size and Volume Forecast by Type
13.7.1. Insurance for Vehicle Loss
13.7.2. Third Party Insurance
13.7.3. Pilfer
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Car Rental Insurance Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Car Rental Insurance Market: Market Share Analysis
14.2. Car Rental Insurance Distributors and Customers
14.3. Car Rental Insurance Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Allianz
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. State Farm Mutual Automobile Insurance Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ShouQi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Avis
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Allstate
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BCS Insurance
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Enterprise
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dollar Thrifty Automotive Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Europcar
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Volkswagen Leasing
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ShouQi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. API Pty
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Citigroup
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. American Express
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Manitoba Public Insurance
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. American Express
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17.
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
