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.
Scope of the Report:
The global Guaranteed Asset Protection (GAP) Insurance market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Guaranteed Asset Protection (GAP) Insurance.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Guaranteed Asset Protection (GAP) Insurance market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Guaranteed Asset Protection (GAP) Insurance market by product type and applications/end industries.
Market Segment by Companies, this report covers
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 Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Finance GAP Insurance
Return-to-invoice GAP Insurance
Vehicle Replacement GAP Insurance
Return-to-value GAP Insurance
Others
Market Segment by Applications, can be divided into
Passenger Car
Commercial Vehicle
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 2019 by Company, Regions, Type and Application, Forecast to 2024. 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.