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Home Insurance Market by Coverage, End User: Global Opportunity Analysis and Industry Forecast, 2020-2027

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    Report

  • 238 Pages
  • March 2021
  • Region: Global
  • Allied Market Research
  • ID: 5322202
Home insurance is an insurance that provides financial protection to an individual against losses and damages to an individual's residence, along with furnishings and other assets at home. Homeowners insurance also provides liability coverage against accidents at home or on the property. It is a package policy, which means that it covers both damage to property and liability, or legal responsibility, for any injuries and property damage policyholders or their families cause to other people.

Growth in global number of households, increase in initiatives by government, and rise in number of accidents and man-made disasters are the major factors that drive the growth of the global home insurance market. However, lack of awareness regarding home insurance policy hampers the growth of the market. On the contrary, untapped potential of emerging economies and new technological developments in the home insurance industry are expected to provide lucrative opportunity for market expansion during the forecast period.
The home insurance market is segmented into coverage, end user, and region. On the basis of coverage, the market is categorized into comprehensive coverage, dwelling coverage, content coverage, and other optional coverages. By end user, it is bifurcated into landlords and tenants. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the home insurance market are Allstate Insurance Company, ALLIANZ GROUP, ADMIRAL, AXA, American International Group, Inc., Chubb, Liberty Mutual Insurance, People’s Insurance Company of China Group, State Farm Mutual Automobile Insurance, and Zurich Insurance Co. Limited. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Key Benefits for Stakeholders

  • The study provides an in-depth analysis of the global home insurance market along with the current trends and future estimations to elucidate the imminent investment pockets.
  • Information about key drivers, restraints, and opportunities and their impact analysis on the global home insurance market size is provided in the report.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
  • The quantitative analysis of the market from 2019 to 2027 is provided to determine the market potential.

KEY MARKET SEGMENTS


By Coverage

  • Comprehensive Coverage
  • Dwelling Coverage
  • Content Coverage
  • Other Optional Coverages

By End User

  • Landlords
  • Tenants

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • New Zealand
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY MARKET PLAYERS

  • Allstate Insurance Company
  • ALLIANZ GROUP
  • ADMIRAL
  • AXA
  • American International Group, Inc.
  • Chubb
  • Liberty Mutual Insurance
  • People’s Insurance Company of China Group
  • State Farm Mutual Automobile Insurance
  • Zurich Insurance Co. Limited

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings
2.1.1. Top impacting factors
2.1.2. Top investment pockets
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key Forces Shaping Home Insurance Market
3.2.1. Low bargaining power of suppliers
3.2.2. Moderate bargaining power of buyer
3.2.3. Moderate threat of substitutes
3.2.4. Moderate threat of new entrants
3.2.5. High competitive rivalry
3.3. Market dynamics
3.3.1. Drivers
3.3.2. Restraints
3.3.3. Opportunities
3.4. COVID-19 impact analysis on home insurance market
3.4.1. Impact on home insurance industry
3.4.2. Impact on home insurance market size
3.4.3. Change in consumer trends, preferences, and budget impact due to COVID-19
3.4.4. Framework for solving market challenges faced by home insurance providers and customers in the market
3.4.5. Economic impact on home insurance companies
3.4.6. Key player strategies to tackle negative impact in the industry
3.4.7. Opportunity analysis for home insurance providers
CHAPTER 4: HOME INSURANCE MARKET, BY COVERAGE
4.1. Overview
4.2. Comprehensive
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Dwelling Coverage
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
4.4. Content Coverage
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country
4.5. Other Optional
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country
CHAPTER 5: HOME INSURANCE MARKET, BY END USER
5.1. Overview
5.2. Landlords
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. Tenants
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
CHAPTER 6: HOME INSURANCE MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast, by region
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by coverage
6.2.3. Market size and forecast, by end user
6.2.5. Market analysis, by country
6.2.5.1. U. S.
6.2.5.1.1. Market size and forecast, by coverage
6.2.5.1.2. Market size and forecast, by end user
6.2.5.2. Canada
6.2.5.2.1. Market size and forecast, by coverage
6.2.5.2.2. Market size and forecast, by end user
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by coverage
6.3.3. Market size and forecast, by end user
6.3.4. Market analysis, by country
6.3.4.1. UK
6.3.4.1.1. Market size and forecast, by coverage
6.3.4.1.2. Market size and forecast, by end user
6.3.4.2. Germany
6.3.4.2.1. Market size and forecast, by coverage
6.3.4.2.2. Market size and forecast, by end user
6.3.4.3. France
6.3.4.3.1. Market size and forecast, by coverage
6.3.4.3.2. Market size and forecast, by end user
6.3.4.4. Italy
6.3.4.4.1. Market size and forecast, by coverage
6.3.4.4.2. Market size and forecast, by end user
6.3.4.5. Spain
6.3.4.5.1. Market size and forecast, by coverage
6.3.4.5.2. Market size and forecast, by end user
6.3.4.6. Netherlands
6.3.4.6.1. Market size and forecast, by coverage
6.3.4.6.2. Market size and forecast, by end user
6.3.4.7. Rest of Europe
6.3.4.7.1. Market size and forecast, by coverage
6.3.4.7.2. Market size and forecast, by end user
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by coverage
6.4.3. Market size and forecast, by end user
6.4.4. Market analysis, by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by coverage
6.4.4.1.2. Market size and forecast, by end user
6.4.4.2. Japan
6.4.4.2.1. Market size and forecast, by coverage
6.4.4.2.2. Market size and forecast, by end user
6.4.4.3. India
6.4.4.3.1. Market size and forecast, by coverage
6.4.4.3.2. Market size and forecast, by end user
6.4.4.4. Australia
6.4.4.4.1. Market size and forecast, by coverage
6.4.4.4.2. Market size and forecast, by end user
6.4.4.5. New Zealand
6.4.4.5.1. Market size and forecast, by coverage
6.4.4.5.2. Market size and forecast, by end user
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Market size and forecast, by coverage
6.4.4.6.2. Market size and forecast, by end user
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by coverage
6.5.3. Market size and forecast, by end user
6.5.5. Market analysis, by country
6.5.6.1. Latin America
6.5.6.1.1. Market size and forecast, by coverage
6.5.6.1.2. Market size and forecast, by end user
6.5.6.2. Middle East
6.5.6.2.1. Market size and forecast, by coverage
6.5.6.2.2. Market size and forecast, by end user
6.5.6.3. Africa
6.5.6.3.1. Market size and forecast, by coverage
6.5.6.3.2. Market size and forecast, by end user
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.1.1. Market player positioning, 2019
CHAPTER 8: COMPANY PROFILES
8.1. ALLIANZ
8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Operating business segments
8.1.4. Product portfolio
8.1.5. Business performance
8.2. ADMIRAL
8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Operating business segments
8.2.4. Product portfolio
8.2.5. Business performance
8.3. Allstate Insurance Company
8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Operating business segments
8.3.4. Product portfolio
8.3.5. Business performance
8.4. American International Group, Inc.
8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Operating business segments
8.4.4. Product portfolio
8.4.5. Business performance
8.5. AXA
8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Operating business segments
8.5.4. Product portfolio
8.5.5. Business performance
8.6. Chubb
8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Product portfolio
8.6.4. Business performance
8.7. Liberty Mutual Insurance Company
8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Product portfolio
8.7.4. Business performance
8.8. PICC
8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Product portfolio
8.9. State Farm Mutual Automobile Insurance Company
8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Product portfolio
8.10. Zurich
8.10.1. Company overview
8.10.2. Company snapshot
8.10.3. Product portfolio
8.10.4. Business performance
List of Tables
Table 01. Home Insurance Market Revenue, by Coverage, 2019-2027 ($Million)
Table 02. Home Insurance Market Revenue for Comprehensive, by Region, 2019-2027 ($Million)
Table 03. Home Insurance Market Revenue for Dwelling Coverage, by Region, 2019-2027 ($Million)
Table 04. Home Insurance Market Revenue for Content Coverage, by Region, 2019-2027 ($Million)
Table 05. Home Insurance Market Revenue for Other Optional, by Region, 2019-2027 ($Million)
Table 06. Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 07. Home Insurance Market Revenue for Landlords, by Region, 2019-2027 ($Million)
Table 08. Home Insurance Market Revenue for Tenants, by Region, 2019-2027 ($Million)
Table 09. Home Insurance Market Revenue, by Region, 2019-2027 ($Million)
Table 10. North America Home Insurance Market Revenue, by Coverage, 2019-2027 ($Million)
Table 11. North America Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 12. North America Home Insurance Market Revenue, by Country, 2019-2027 ($Million)
Table 13. U.S. Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 14. U.S. Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 15. Canada Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 16. Canada Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 17. Europe Home Insurance Market Revenue, by Coverage, 2019-2027 ($Million)
Table 18. Europe Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 19. Europe Home Insuranace Market Revenue, by Country, 2019-2027 ($Million)
Table 20. UK Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 21. UK Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 22. Germany Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 23. Germany Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 24. France Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 25. France Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 26. Italy Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 27. Italy Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 28. Spain Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 29. Spain Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 30. Netherlands Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 31. Netherlands Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 32. Rest of Europe Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 33. Rest of Europe. Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 34. Asia-Pacific Home Insurance Market Revenue, by Coverage, 2019-2027 ($Million)
Table 35. Asia-Pacific Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 36. Asia-Pacific Home Insurance Market Revenue, by Country, 2019-2027 ($Million)
Table 37. China Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 38. China Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 39. Japan Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 40. Japan Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 41. India Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 42. India Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 43. Australia Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 44. Australia Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 45. New Zealand Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 46. New Zealand Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 47. Asia-Pacific Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 48. Asia-Pacific Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 49. LAMEA Home Insurance Market Revenue, by Coverage, 2019-2027 ($Million)
Table 50. LAMEA Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 51. LAMEA Home Insurance Market Revenue, by Country, 2019-2027 ($Million)
Table 52. Latin America Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 53. Latin America Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 54. Middle East Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 55. Middle East Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 56. Africa Home Insurance Arket Revenue, by Coverage, 2019-2027 ($Million)
Table 57. Africa Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Table 58. Allianz: Company Snapshot
Table 59. Allianz.: Operating Segments
Table 60. Allianz.: Product Portfolio
Table 61. Admiral: Company Snapshot
Table 62. General Electric: Operating Segments
Table 63. Admiral: Product Portfolio
Table 64. Allstate Insurance Company: Company Snapshot
Table 65. Allstate Insurance Company.: Operating Segments
Table 66. Allstate Insurance Company: Product Portfolio
Table 67. American International Group,Inc.: Company Snapshot
Table 68. American International Group, Inc. Operating Segments
Table 69. American International Group, Inc.: Product Portfolio
Table 70. Axa: Company Snapshot
Table 71. Axa: Operating Categories
Table 72. Axa Group: Product Portfolio
Table 73. Chubb.: Company Snapshot
Table 74. Chubb: Product Portfolio
Table 75. Liberty Mutual Insurance Company: Company Snapshot
Table 76. Liberty Mutual Insurance Company: Product Portfolio
Table 77. Picc.: Company Snapshot
Table 78. Picc.: Product Portfolio
Table 79. State Farm Mutual Automobile Insurance: Company Snapshot
Table 80. State Farm Mutual Automobile Insurance: Product Portfolio
Table 81. Zurich : Company Snapshot
Table 82. Zurich: Product Portfolio
List of Figures
Figure 01. Key Market Segments
Figure 02. Home Insurance Market, 2019-2027
Figure 03. Home Insurance Market, by Region, 2019-2027
Figure 04. Top Impacting Factors
Figure 05. Top Investment Pockets
Figure 06. Home Insurance Market, by Coverage, 2019-2027
Figure 07. Comparative Share Analysis of Home Insurance Market for Comprehensive, by Country, 2019 & 2027 (%)
Figure 08. Comparative Share Analysis of Home Insurance Market for Dwelling Coverage, by Country, 2019 & 2027 (%)
Figure 09. Comparative Share Analysis of Home Insurance Market for Content Coverage, by Country, 2019 & 2027 (%)
Figure 10. Comparative Share Analysis of Home Insurance Market for Other Optional, by Country, 2019 & 2027 (%)
Figure 11. Home Insurance Market Revenue, by End-user, 2019-2027 ($Million)
Figure 12. Comparative Share Analysis of Home Insurance Market for Landlords, by Country, 2019 & 2027(%)
Figure 13. Comparative Share Analysis of Home Insurance Market for Tenants, by Country, 2019 & 2027(%)
Figure 14. U. S. Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 15. Canada Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 16. UK Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 17. Germany Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 18. France Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 19. Italy Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 20. Spain Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 21. Netherlands Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 22. Rest of Europe Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 23. China Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 24. Japan Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 25. India Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 26. Australia Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 27. New Zealand Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 28. Asia-Pacific Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 29. Latin America Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 30. Middle East Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 31. Africa Home Insurance Market Revenue, 2019-2027 ($Million)
Figure 32. Market Player Positioning, 2019
Figure 33. Allianz.: Net Sales, 2018-2020 ($Million)
Figure 34. Allianz.: Revenue Share, by Segment (2020)
Figure 35. Admiral: Net Sales, 2017-2019 ($Million)
Figure 36. Admiral: Revenue Share, by Segment (2019)
Figure 37. Allstate Insurance Company: Net Sales, 2017-2019 ($Million)
Figure 38. Allstate Insurance Company: Revenue Share, by Segment (2019)
Figure 39. American International Group, Inc.: Net Sales, 2017-2019 ($Million)
Figure 40. American International Group, Inc.: Revenue Share by Region (2019)
Figure 41. Axa Group: Net Sales, 2017-2019 ($Million)
Figure 42. Axa Group.: Revenue Share Breakdown (2019)
Figure 43. Chubb : Net Sales, 2017-2019 ($Million)
Figure 44. Liberty Mutual Insurance : Net Sales, 2018-2020 ($Million)
Figure 45. Azurich: Revenue, 2018-2020 ($Million)

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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