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Building & Contents Insurance in the US - Procurement Research Report

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    Report

  • 31 Pages
  • May 2022
  • Region: United States
  • IBISWorld
  • ID: 4579596
Building & contents insurance, otherwise known as property insurance, protects a business's physical assets, including the building itself, furniture, equipment, inventory, landscaping and outdoor signage. These assets are typically insured in the event of damage, a natural disaster, loss or theft. Suppliers in this market include direct insurance carriers, agents and brokers, while buyers range from commercial and industrial businesses to retailers, government agencies and educational institutions. This report focuses on commercial insurance policies and excludes consumer insurance, such as homeowner’s insurance and any insurance coverage for personal property.

Overview of Report:


EXECUTIVE SUMMARY


PRICE ENVIRONMENT

  • Price Fundamentals
  • Price Drivers
  • Recent Price Trend
  • Price Forecast

PRODUCT CHARACTERISTICS

  • Product Life Cycle
  • Total Cost of Ownership
  • Product Specialization
  • Related Goods
  • Substitute Goods
  • Regulation
  • Quality Control

SUPPLY CHAIN & VENDORS

  • Supply Chain Dynamics
  • Competitive Environment
  • Market Profitability
  • Switching Cost

PURCHASING PROCESS

  • Buying Basics
  • Key RFP Elements

NEGOTIATION STATISTICS


BUYER POWER SCORE COMPONENTS


JARGON & GLOSSARY

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Berkshire Hathaway Inc.
  • Zurich Insurance Group Ltd.
  • American International Group Inc.
  • Allstate Corporation
  • Progressive Casualty Insurance Company

Methodology

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