Guaranteed Asset Protection (GAP) insurance or Gap insurance is a type of auto insurance that car owners can buy to protect themselves against losses that can arise when the amount of compensation received from a total loss does not fully cover the amount the insured owes on the vehicle's financing or lease agreement. This situation arises when the balance owed on a car loan is greater than the book value of the vehicle.
In 2018, the global Guaranteed Asset Protection (GAP) Insurance market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Guaranteed Asset Protection (GAP) Insurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Guaranteed Asset Protection (GAP) Insurance development in United States, Europe and China.
The key players covered in this study
ALA
Admiral
AXA
Warranty Direct (BNP Paribas Cardif)
AAA
Nationwide
Allianz
Covéa Insurance
Direct Gap
InsuretheGap.com (Halo Insurance)
Motoreasy
Click4Gap
Esurance
USAA
Allstate
Progressive
Zurich Insurance
Market segment by Type, the product can be split into
Finance GAP Insurance
Return-to-invoice GAP Insurance
Vehicle Replacement GAP Insurance
Return-to-value GAP Insurance
Others
Market segment by Application, split into
Passenger Car
Commercial Vehicle
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Guaranteed Asset Protection (GAP) Insurance status, future forecast, growth opportunity, key market and key players.
To present the Guaranteed Asset Protection (GAP) Insurance development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Guaranteed Asset Protection (GAP) Insurance are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Guaranteed Asset Protection (GAP) Insurance. Industry analysis & Market Report on Guaranteed Asset Protection (GAP) Insurance is a syndicated market report, published as Global Guaranteed Asset Protection (GAP) Insurance Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Guaranteed Asset Protection (GAP) Insurance market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.