Pick-up Truck and Van Insurance in the USA: Market Dynamics, Affinities and Partnerships is a report investigating the market for insurance for individually-owned pick-up trucks and vans. Key features include: an outline of market drivers and the value, growth and segmentation of the market from 2014 to 2018; quantification and commentary concerning the segmentation of policies in force by distribution channels used to buy them in 2018; estimates for provider market shares in 2018; a comprehensive listing of affinity and partnership marketing relationships visible at the time of the research in 2018 for these types of insurance, including ones employing 'insurtech' with the aim of disrupting incumbent competitors; and forecasts for the value of the market up to 2022.
Moreover, all market value data, including the forecast, is segmented between the Midwest, Northeast, South and West so that the current magnitude and likely future direction of the opportunity is apparent for each region, and is provided in addition to the report, along with other supporting data, in an associated market data file.
In this report, pick-up truck and van insurance is defined throughout as vehicles weighing between 1,000 and 8,000 pounds with two axles and four tires which are not passenger cars (including sedans, coupes, station wagons and SUVs), campers, motor homes, ambulances, hearses or minibuses. To this end, it is close to the definition used by the Federal Highway Administration. Furthermore, it only covers individual buyers (i.e. private customers and the self-employed or micro-businesses buying vehicles individually), thereby excluding pick-up trucks and vans owned by commercial enterprises or the public sector.
In keeping with 11 other studies in this series, research processes and sources used to create it include the following: primary interviews with leading brokers, underwriters and affinity / corporate partners active in this field; in-house data drawn from other Finaccord reports; and comprehensive analysis of secondary information from a diverse range of data sources including US government departments and financial regulators, relevant trade and other associations, specialist publications and published disclosures by competitors active in the market. All relevant workings, such as estimates for attachment rates within the target audience, are presented in a transparent manner.
For further information about this research, please access the table of contents and series prospectus by clicking on the corresponding links to the left-hand side of this page, or e-mail firstname.lastname@example.org.