Commercial Auto Insurance Market:Europe Had The Highest Share of Income, at 35.56%
According to our (Global Info Research) latest study, the global Commercial Auto Insurance market size was valued at US$ 164480 million in 2024 and is forecast to a readjusted size of USD 251870 million by 2031 with a CAGR of 6.3% during review period.
Commercial vehicle insurance is a policy of physical damage and liability coverages for amounts, situations, and usage not covered by a personal auto insurance policy. This type of business insurance covers many types of commercial vehicles-from automobiles used for business purposes, including company cars, to a wide variety of commercial trucks and vehicles.
Major companies in the industry include PICC, Progressive Corporation and Ping An Insurance, which accounted for 5.03%, 3.82% and 3.41% of revenue in 2019, respectively. By region, Europe had the highest share of income, at 35.56%.
On 2025-2-8 Global Info Research released【Global Commercial Auto Insurance Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031】. This report includes an overview of the development of the Commercial Auto Insurance industry chain, the market status of Consumer Electronics (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), Household Appliances (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Commercial Auto Insurance.
Sample Report Request Commercial Auto Insurance
https://www.globalinforesearch.com/reports/2417464/commercial-auto-insurance
Market segment by Type：Liability Insurance、Physical Damage Insurance、Others
Market segment by Application：Passenger Car、Commercial Vehicle
Major players covered： PICC、Progressive Corporation、Ping An、AXA、Sompo Japan、Tokyo Marine、Travelers Group、Liberty Mutual Group、Zurich、CPIC、Nationwide、Mitsui Sumitomo Insurance、Aviva、Berkshire Hathaway、Old Republic International、Auto Owners Grp.、Generali Group、MAPFRE、Chubb、AmTrust NGH
Table of Contents
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Commercial Auto Insurance by Type
1.3.1 Overview: Global Commercial Auto Insurance Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Commercial Auto Insurance Consumption Value Market Share by Type in 2024
1.3.3 Liability Insurance
1.3.4 Physical Damage Insurance
1.3.5 Others
1.4 Global Commercial Auto Insurance Market by Application
1.4.1 Overview: Global Commercial Auto Insurance Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Passenger Car
1.4.3 Commercial Vehicle
1.5 Global Commercial Auto Insurance Market Size & Forecast
1.6 Global Commercial Auto Insurance Market Size and Forecast by Region
1.6.1 Global Commercial Auto Insurance Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Commercial Auto Insurance Market Size by Region, (2020-2031)
1.6.3 North America Commercial Auto Insurance Market Size and Prospect (2020-2031)
1.6.4 Europe Commercial Auto Insurance Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Commercial Auto Insurance Market Size and Prospect (2020-2031)
1.6.6 South America Commercial Auto Insurance Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Commercial Auto Insurance Market Size and Prospect (2020-2031)
2 Company Profiles
2.1 PICC
2.1.1 PICC Details
2.1.2 PICC Major Business
2.1.3 PICC Commercial Auto Insurance Product and Solutions
2.1.4 PICC Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 PICC Recent Developments and Future Plans
2.2 Progressive Corporation
2.2.1 Progressive Corporation Details
2.2.2 Progressive Corporation Major Business
2.2.3 Progressive Corporation Commercial Auto Insurance Product and Solutions
2.2.4 Progressive Corporation Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Progressive Corporation Recent Developments and Future Plans
2.3 Ping An
2.3.1 Ping An Details
2.3.2 Ping An Major Business
2.3.3 Ping An Commercial Auto Insurance Product and Solutions
2.3.4 Ping An Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Ping An Recent Developments and Future Plans
2.4 AXA
2.4.1 AXA Details
2.4.2 AXA Major Business
2.4.3 AXA Commercial Auto Insurance Product and Solutions
2.4.4 AXA Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 AXA Recent Developments and Future Plans
2.5 Sompo Japan
2.5.1 Sompo Japan Details
2.5.2 Sompo Japan Major Business
2.5.3 Sompo Japan Commercial Auto Insurance Product and Solutions
2.5.4 Sompo Japan Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Sompo Japan Recent Developments and Future Plans
2.6 Tokyo Marine
2.6.1 Tokyo Marine Details
2.6.2 Tokyo Marine Major Business
2.6.3 Tokyo Marine Commercial Auto Insurance Product and Solutions
2.6.4 Tokyo Marine Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Tokyo Marine Recent Developments and Future Plans
2.7 Travelers Group
2.7.1 Travelers Group Details
2.7.2 Travelers Group Major Business
2.7.3 Travelers Group Commercial Auto Insurance Product and Solutions
2.7.4 Travelers Group Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Travelers Group Recent Developments and Future Plans
2.8 Liberty Mutual Group
2.8.1 Liberty Mutual Group Details
2.8.2 Liberty Mutual Group Major Business
2.8.3 Liberty Mutual Group Commercial Auto Insurance Product and Solutions
2.8.4 Liberty Mutual Group Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Liberty Mutual Group Recent Developments and Future Plans
2.9 Zurich
2.9.1 Zurich Details
2.9.2 Zurich Major Business
2.9.3 Zurich Commercial Auto Insurance Product and Solutions
2.9.4 Zurich Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Zurich Recent Developments and Future Plans
2.10 CPIC
2.10.1 CPIC Details
2.10.2 CPIC Major Business
2.10.3 CPIC Commercial Auto Insurance Product and Solutions
2.10.4 CPIC Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 CPIC Recent Developments and Future Plans
2.11 Nationwide
2.11.1 Nationwide Details
2.11.2 Nationwide Major Business
2.11.3 Nationwide Commercial Auto Insurance Product and Solutions
2.11.4 Nationwide Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Nationwide Recent Developments and Future Plans
2.12 Mitsui Sumitomo Insurance
2.12.1 Mitsui Sumitomo Insurance Details
2.12.2 Mitsui Sumitomo Insurance Major Business
2.12.3 Mitsui Sumitomo Insurance Commercial Auto Insurance Product and Solutions
2.12.4 Mitsui Sumitomo Insurance Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Mitsui Sumitomo Insurance Recent Developments and Future Plans
2.13 Aviva
2.13.1 Aviva Details
2.13.2 Aviva Major Business
2.13.3 Aviva Commercial Auto Insurance Product and Solutions
2.13.4 Aviva Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 Aviva Recent Developments and Future Plans
2.14 Berkshire Hathaway
2.14.1 Berkshire Hathaway Details
2.14.2 Berkshire Hathaway Major Business
2.14.3 Berkshire Hathaway Commercial Auto Insurance Product and Solutions
2.14.4 Berkshire Hathaway Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 Berkshire Hathaway Recent Developments and Future Plans
2.15 Old Republic International
2.15.1 Old Republic International Details
2.15.2 Old Republic International Major Business
2.15.3 Old Republic International Commercial Auto Insurance Product and Solutions
2.15.4 Old Republic International Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.15.5 Old Republic International Recent Developments and Future Plans
2.16 Auto Owners Grp.
2.16.1 Auto Owners Grp. Details
2.16.2 Auto Owners Grp. Major Business
2.16.3 Auto Owners Grp. Commercial Auto Insurance Product and Solutions
2.16.4 Auto Owners Grp. Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.16.5 Auto Owners Grp. Recent Developments and Future Plans
2.17 Generali Group
2.17.1 Generali Group Details
2.17.2 Generali Group Major Business
2.17.3 Generali Group Commercial Auto Insurance Product and Solutions
2.17.4 Generali Group Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.17.5 Generali Group Recent Developments and Future Plans
2.18 MAPFRE
2.18.1 MAPFRE Details
2.18.2 MAPFRE Major Business
2.18.3 MAPFRE Commercial Auto Insurance Product and Solutions
2.18.4 MAPFRE Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.18.5 MAPFRE Recent Developments and Future Plans
2.19 Chubb
2.19.1 Chubb Details
2.19.2 Chubb Major Business
2.19.3 Chubb Commercial Auto Insurance Product and Solutions
2.19.4 Chubb Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.19.5 Chubb Recent Developments and Future Plans
2.20 AmTrust NGH
2.20.1 AmTrust NGH Details
2.20.2 AmTrust NGH Major Business
2.20.3 AmTrust NGH Commercial Auto Insurance Product and Solutions
2.20.4 AmTrust NGH Commercial Auto Insurance Revenue, Gross Margin and Market Share (2020-2025)
2.20.5 AmTrust NGH Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Commercial Auto Insurance Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of Commercial Auto Insurance by Company Revenue
3.2.2 Top 3 Commercial Auto Insurance Players Market Share in 2024
3.2.3 Top 6 Commercial Auto Insurance Players Market Share in 2024
3.3 Commercial Auto Insurance Market: Overall Company Footprint Analysis
3.3.1 Commercial Auto Insurance Market: Region Footprint
3.3.2 Commercial Auto Insurance Market: Company Product Type Footprint
3.3.3 Commercial Auto Insurance Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Commercial Auto Insurance Consumption Value and Market Share by Type (2020-2025)
4.2 Global Commercial Auto Insurance Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global Commercial Auto Insurance Consumption Value Market Share by Application (2020-2025)
5.2 Global Commercial Auto Insurance Market Forecast by Application (2026-2031)
6 North America
6.1 North America Commercial Auto Insurance Consumption Value by Type (2020-2031)
6.2 North America Commercial Auto Insurance Market Size by Application (2020-2031)
6.3 North America Commercial Auto Insurance Market Size by Country
6.3.1 North America Commercial Auto Insurance Consumption Value by Country (2020-2031)
6.3.2 United States Commercial Auto Insurance Market Size and Forecast (2020-2031)
6.3.3 Canada Commercial Auto Insurance Market Size and Forecast (2020-2031)
6.3.4 Mexico Commercial Auto Insurance Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe Commercial Auto Insurance Consumption Value by Type (2020-2031)
7.2 Europe Commercial Auto Insurance Consumption Value by Application (2020-2031)
7.3 Europe Commercial Auto Insurance Market Size by Country
7.3.1 Europe Commercial Auto Insurance Consumption Value by Country (2020-2031)
7.3.2 Germany Commercial Auto Insurance Market Size and Forecast (2020-2031)
7.3.3 France Commercial Auto Insurance Market Size and Forecast (2020-2031)
7.3.4 United Kingdom Commercial Auto Insurance Market Size and Forecast (2020-2031)
7.3.5 Russia Commercial Auto Insurance Market Size and Forecast (2020-2031)
7.3.6 Italy Commercial Auto Insurance Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific Commercial Auto Insurance Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Commercial Auto Insurance Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Commercial Auto Insurance Market Size by Region
8.3.1 Asia-Pacific Commercial Auto Insurance Consumption Value by Region (2020-2031)
8.3.2 China Commercial Auto Insurance Market Size and Forecast (2020-2031)
8.3.3 Japan Commercial Auto Insurance Market Size and Forecast (2020-2031)
8.3.4 South Korea Commercial Auto Insurance Market Size and Forecast (2020-2031)
8.3.5 India Commercial Auto Insurance Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia Commercial Auto Insurance Market Size and Forecast (2020-2031)
8.3.7 Australia Commercial Auto Insurance Market Size and Forecast (2020-2031)
9 South America
9.1 South America Commercial Auto Insurance Consumption Value by Type (2020-2031)
9.2 South America Commercial Auto Insurance Consumption Value by Application (2020-2031)
9.3 South America Commercial Auto Insurance Market Size by Country
9.3.1 South America Commercial Auto Insurance Consumption Value by Country (2020-2031)
9.3.2 Brazil Commercial Auto Insurance Market Size and Forecast (2020-2031)
9.3.3 Argentina Commercial Auto Insurance Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa Commercial Auto Insurance Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Commercial Auto Insurance Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Commercial Auto Insurance Market Size by Country
10.3.1 Middle East & Africa Commercial Auto Insurance Consumption Value by Country (2020-2031)
10.3.2 Turkey Commercial Auto Insurance Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Commercial Auto Insurance Market Size and Forecast (2020-2031)
10.3.4 UAE Commercial Auto Insurance Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 Commercial Auto Insurance Market Drivers
11.2 Commercial Auto Insurance Market Restraints
11.3 Commercial Auto Insurance Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Commercial Auto Insurance Industry Chain
12.2 Commercial Auto Insurance Upstream Analysis
12.3 Commercial Auto Insurance Midstream Analysis
12.4 Commercial Auto Insurance Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.