Global Motor Vehicle Insurance Market Size, Emerging Trends and Overview 2016-2020: Hexa Reports

Hexa Reports

Market Research Reports and Insightful Company Profiles

Global Motor Vehicle Insurance Market Share, Size,

Emerging Trends and Growth, Global Insights, Analysis and

Forecasts 2016-2020

Motor vehicle insurance policy is the guarantee of compensation provided to a policyholder, wherein

the insurer will pay for the repair of accidental damages, theft, or fire (among others) to a third party's

property or the insured vehicle.

At the end of 2014, the guaranteed asset protection (GAP) insurance was introduced. It is a

supplementary cover taken along with the standard motor insurance policy. It includes certain types of

losses that are not covered under the standard policy.

Browse Detail Report With TOC @

http://www.hexareports.com/report/global-motor-vehicle-insurance-market-2016-2020/details

For instance, if a person avails GAP insurance, then the insurer will pay the balance loan amount of the

vehicle in case of theft or if the automobile is damaged badly. In September 2015, rules proposed by the

Financial Conduct Authority (FCA) came into effect; these rules were designed to navigate issues arising

from the sales of GAP insurance provided by the motor vehicle industry.

Technavio's analysts forecast the global motor vehicle insurance market to grow at a CAGR of 5.91%

during the period 2016-2020.

Hexa Reports

Market Research Reports and Insightful Company Profiles

Covered in this report

The report covers the present scenario and the growth prospects of the global motor vehicle insurance

market for 2016-2020. To calculate the market size, the report considers two types of end users:

 Personal insurance premiums

 Commercial insurance premiums

The market is divided into the following segments based on geography:

 Americas

 APAC

 EMEA

Technavio's report, Global Motor Vehicle Insurance Market, has been prepared based on an in-depth

market analysis with inputs from industry experts. The report covers the market landscape and its

growth prospects over the...