Allied Market Research

2025

Automotive Ubi (usage-based Insurance) Market

Automotive UBI (Usage-based Insurance) Market, by New Car Insurance (Comprehensive Cover, Third Party Cover), by Used Car Insurance (Comprehensive Cover, Third Party Cover), by Online Car Insurance (Direct Channel, Indirect Channel) and, by Offline Car Insurance (Direct Channel, Indirect Channel): Opportunity Analysis and Industry Forecast, 2023-2032

LS : Other

Select an option
Author's: | Roshan Deshmukh
Publish Date:

Get Sample to Email

Scope of the Study

The Automotive ubi (usage-based insurance) industry market study provides a detailed analysis pertaining to the global market size & forecast, segmental splits, regional & country-level outlook, market dynamics & trends, Porters’ five force analysis, value chain analysis, competitive landscape, market share analysis, and patent analysis.

Segmental Outlook

The global Automotive ubi (usage-based insurance) industry market is segmented depending on by new car insurance, by used car insurance, by online car insurance, by offline car insurance.

Segmental analysis is offered (real time and forecast) in both quantitative and qualitative terms. This helps the clients to identify the most lucrative segment to consider for their further investments, based on the comprehensive backend analysis about the segmental performance, in addition to brief understanding of the operating companies and their development activities with respect to the market.

Market Opportunities

Automotive ubi (usage-based insurance) industry market is witnessing remunerative opportunities for expansion in the near future.

Graph for representation purpose only

Regional Outlook

The Automotive ubi (usage-based insurance) industry market is analyzed across four key regions, which include North America, Europe, Asia-Pacific, and LAMEA. The key countries contributing toward the growth of the market include:

  • North America: U.S., Canada, and Mexico

  • Europe: Germany, UK, Italy, Spain, France, and rest of Europe

  • Asia-Pacific: India, China, South Korea, Japan, Australia, and rest of Asia-Pacific

  • LAMEA: Brazil, Saudi Arabia, South Africa, and rest of LAMEA

Key companies profiled in the report are Allstate Corporation, The Travelers Companies, Berkshire Hathaway, Progressive Corporation, State Farm Mutual Automobile Insurance, Liberty Mutual Insurance Group, GEICO, Nationwide, USAA, American Family Insurance

Automotive ubi (usage-based insurance) industry market Attractiveness Index, By Region, 2024

Graph for representation purpose only

Competitive Scenario

The report profiles the top players operating across the globe along with market share analysis, and an outlook of top player positioning. In addition, the study focuses on the developmental strategies such as product launch, mergers & acquisitions, and collaborations adopted by the key players to maintain a competitive edge in the marketspace.

Report Coverage

  • Growth projections: 2024 to 2032

  • Major segments covering by new car insurance, by used car insurance, by online car insurance, by offline car insurance

  • Market dynamics and trends

  • Competitive landscape reporting

Research Methodology

AMR offers its clients with comprehensive research and analysis based on a wide variety of factual inputs that majorly include interviews with professionals in the industry, regional intelligence, and reliable statistics obtained from multiple resources. The in-house industry experts play an important role in designing analytic tools and models, tailored to the requirements of the client for a particular industry segment. These analytical tools and models refine the statistics & data and enhance the accuracy of our recommendations and advice.

 

Automotive UBI (Usage-based Insurance) Market Report Highlights

Aspects Details
icon_5
By New Car Insurance
  • Comprehensive Cover
  • Third Party Cover
icon_6
By Used Car Insurance
  • Comprehensive Cover
  • Third Party Cover
icon_7
By Online Car Insurance
  • Direct Channel
  • Indirect Channel
icon_8
By Offline Car Insurance
  • Direct Channel
  • Indirect Channel
icon_9
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
icon_10
Key Market Players

Allstate Corporation, Berkshire Hathaway, GEICO, Liberty Mutual Insurance Group, State Farm Mutual Automobile Insurance, American Family Insurance, The Travelers Companies, Nationwide, USAA, Progressive Corporation

Loading Table Of Content...

Individual sections of the reports are available for purchase.
Would you like to see a breakdown of prices by section?

Automotive UBI (Usage-based Insurance) Market

Opportunity Analysis and Industry Forecast, 2023-2032