Usage-Based Insurance Market to Witness Huge Growth by 2028: Esurance, Progressive, Allstate

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Usage-based insurance market analysis and forecast for the next 5 years

This press release was originally distributed by SBWire

New Jersey, NJ – (SBWIRE) – 09/21/2022 – A new intelligence report released by HTF MI with the title “Usage-Based Insurance Market Survey & Outlook” is designed to cover the micro level of analysis by insurers and key business segments, offerings and sales channels. Usage-Based Insurance offers energetic insights to determine market size, opportunities, growth model, and competitive surroundings. The research is derived from primary and secondary data and includes qualitative and quantitative details. Some of the key players profiled in the study are Metro Mile, Progressive, Allstate, Nationwide, Esurance, Safeco, Travellers, Liberty Mutual Insurance, AIOI and QBE.

The usage-based insurance market size exceeded USD 30 billion in 2020 and will register a CAGR of over 20% through 2027.

What keeps Metro Mile, Progressive, Allstate, Nationwide, Esurance, Safeco, Travellers, Liberty Mutual Insurance, AIOI and QBE ahead in the market? Compare yourself with strategic moves and findings recently released by HTF MI

Get Sample Report + All Related Charts & Graphs @: https://www.htfmarketreport.com/sample-report/3809820-usage-based-insurance-market-3

Overview of usage-based insurance market
If you are involved in the usage-based insurance industry or would like to be, this study is essential to keep your knowledge of the market up to date. The market is segmented by applications [Men & Women]Types / Coverage [Pay-As-You-Drive Insurance, Pay-How-You-Drive Insurance, Distance Based Insurance & Pay-As-You-Go Insurance] and major players. To delve deeper into the market, geographically more than 22 jurisdictions or countries have been summarized in the study of Asia-Pacific, MEA, South America, Europe, and North America.

Geographically, the global version of the report includes the following countries:
– North America [United States, Canada and Mexico]
– Europe [Germany, the UK, France, Italy, Netherlands, Belgium, Denmark, Spain, Sweden, and Rest of Europe]
– Asia Pacific [China, Japan, South Korea, India, Australia, Indonesia and Others]
– South America [Brazil, Argentina, Colombia and Rest of South America]
– Middle East and Africa (South Africa, Turkey, Israel, GCC countries and rest of Africa)

You have a question ? Ask Our Expert @: https://www.htfmarketreport.com/enquiry-before-buy/3809820-usage-based-insurance-market-3

This study mainly helps to understand which market segments or countries; Insurance companies and aggregators should focus in the coming years to channel their efforts and investments in usage-based insurance to maximize growth and profitability. Growth in 2020 is noticeably slower and mature markets in North America and Western Europe need “big push” to address these trends due to the dynamic macroeconomic and regulatory environment.

Distribution channels in the insurance industry are still of great importance, reflecting the “push” nature of usage-based insurance delivery in the industry. The distribution model has continued to evolve as insurers attempt to better connect with their customers. Over the years, the usage-based insurance industry has seen a clear predominance of face-to-face sales (agents and brokers). However, with increasing internet penetration and customers preferring convenience, the digital mode of selling is becoming increasingly popular in usage-based insurance.

In addition, the years considered for the study are as follows:
Historic year – 2016-2020
Reference year – 2020
Forecast Period – 2021 to 2026

Access the Usage-Based Insurance Market Report now; buy latest [email protected]: https://www.htfmarketreport.com/buy-now?format=1&report=3809820

Main highlights of the table of contents:

Chapter One: Industry Overview of Usage Based Insurance Market
1.1 Usage-Based Insurance Industry
1.1.1 Overview
1.1.2 Large Company Products
1.2 Usage-Based Insurance Market Segment
1.2.1 Industrial Chain
1.2.2 Consumer behavior and distribution channels

Chapter Two: Usage Based Insurance Market Demand
2.1 Overview of segments
Men women

2.2 Usage-Based Insurance Market Size by Application/End Users (2016-2020)
2.3 Usage-Based Insurance Market Forecast by Application/End Users (2021-2026)

Chapter Three: Usage-Based Insurance Market by Type
3.1 By type, pay-per-view insurance, pay-per-view insurance, distance-based insurance and pay-per-view insurance
3.2 Usage-Based Insurance Market Size by Type (2016-2020)
3.3 Usage-Based Insurance Market Forecast by Type (2021-2026)

Chapter Four: Usage-Based Insurance Market: By Region/Country
4.1 Usage-Based Insurance Market by Regions
4.2 Usage-Based Insurance Revenue and Market Share by Regions
4.3 North America
4.4 Europe
4.5 Asia-Pacific
4.6 South America
4.7 Middle East and Africa

Chapter Five: Player Analysis
5.1 Market Share Analysis by Players (2019-2021E)
5.2 Market Concentration Rate by Regions
5.3 Company Profiles

……….continued

Browse Executive Summary & Full TOC @ https://www.htfmarketreport.com/reports/3809820-usage-based-insurance-market-3

Thank you for reading the usage-based insurance industry research publication; you can also get individual chapter wise section or region wise report version like USA, China, Southeast Asia, LATAM, APAC etc.

About the Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire research and advisory services to empower businesses with growth strategies, delivering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that help decision-making.

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