Scope of the Study
Rental Car Insurance provides financial support when you are in a car accident. If you taking a car on rent then you can get the car insurance on that directly through the dealer or third-party insurance company, or you can get an additional credit card benefit. Also, you already have your own car insurance then you can be compensated for rent.
The market study is being classified, by Application (Personal and Enterprise) and major geographies with country level break-up.
Hertz (United States), Avis (United States), Enterprise (United States), Dollar Thrifty Automotive Group (United States), Europcar (France), Volkswagen Leasing (Germany), ShouQi (China), eHi Car Service (China), Nissan (Japan) and Toyota (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Allianz (Germany), State Farm Mutual Automobile Insurance Company (United States), Citigroup (United States), American Express (United States), Manitoba Public Insurance (Canada) and Times Mobility Networks (Japan).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Rental Car Insurance market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Rental Car Insurance market by Type, Application and Region.
On the basis of geography, the market of Rental Car Insurance has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Coverage Type, the sub-segment i.e. Collision Damage Waiver (CDW) will boost the Rental Car Insurance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Rental Car Insurance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing demand for low customization costs of rental cars
- Growing demand for rental car subscription services
- Adoption of Rental Car Worldwide
- Availability of different insurance substitutes in the market
- Rising Numbers of Rental Car Distributors in Emerging Nations
- Growing Tendency of People towards Renting the Car with Insured Facilities
- Consumers Preference towards Their Own Cars
Key Target AudiencePotential Investors, Up and Down Stream Vendors, Insurance Companies, Automobiles Industries, Suppliers and Distributors and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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