United States Motor Insurance Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

United States Motor Insurance Market Segmented by Vehicle Type (Commercial (Passenger-Carrying Vehicle Insurance, Goods-Carrying Vehicle Insurance, Miscellaneous and Special Vehicle Insurance), Personal), by Policy Coverage(Third-Party Liability, Partial Coverage, Comprehensive Insurance), by Distribution Channel (Agents, Brokers, Online, Banks, Other Distribution Channels). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

United States Motor Insurance Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

US Motor Insurance Industry Overview

The report covers the major players operating in the US Motor Insurance Market. The market is Consolidates due to the top 5 companies hold more than 50% market share. The mandatory requirement for a vehicle to be insured across the united states, coupled with the estimated increased number of sales of vehicles, is expected to drive the motor insurance market during the forecast period.

US Motor Insurance Market Leaders

  1. Progressive Corp.

  2. Travelers Companies Inc.

  3. Old Republic International Corp.

  4. Liberty Mutual

  5. Nationwide Mutual Group

  6. *Disclaimer: Major Players sorted in no particular order
MC Ins.png