GeoVera, State Farm, Liberty Mutual, National, Safeco – InsuranceNewsNet

New Jersey, United States — (SBWIRE) — 07/29/2022 — Advance Market Analytics has published a new research publication on “Earthquake Insurance Market Insights, to 2027” with 232 pages and enriched with self-explained tables and graphs in a presentable format. In the study, you will find new evolving trends, drivers, restraints, and opportunities generated by targeting stakeholders associated with the market. The growth of earthquake insurance The market was mainly driven by increased R&D spending across the world.

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Some of the Key Players profiled in the study are: Farmers Insurance Group (United States), Allstate(United States), state farm (United States), Liberty Mutual (United States), at national scale (United States), USAA (United States), Safeco (United States), Mapfre (Spain), GeoVera (United States), Munich Re (Germany).

Scope of the report earthquake insurance
Earthquake insurance is property insurance that pays the policyholder in the event of damage caused by the earthquake. It has a high deductible, which makes earthquake insurance useful if the whole house is destroyed, but not useful if the house is just damaged. The premium may vary depending on the material used in the houses, such as wood, the location and the likelihood of earthquakes. After a major earthquake, insurance companies stop selling coverage for a few weeks. Various government regulations in different countries increase the demand for earthquake insurance.

The titled segments and sub-sections of the market are illuminated below:
by type (life insurance, Non-life insurance), End Users (Personal, Commercial), Coverage (Home Coverage, Personal Property Coverage, Additional Living Expenses), Distribution Channel (Online, Insurance Broker)

Market factors:
Benefits such as personal property coverage are fueling market growth
Increase in the prevalence of natural disasters

Market trends:
Home Insurance are now made to compensate an insured for the financial impact

Increase per capita income

The regions included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Breakdown at country level: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, UK (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc

If you have any queries regarding the Global Earthquake Insurance Market Report, ask our [email protected]

Strategic Points Covered in Table of Content of Global Earthquake Insurance Market:
Chapter 1: Introduction, Market Driving Product Objective of Study and Research Scope earthquake insurance market
Chapter 2: Exclusive Summary – the basic information of the earthquake insurance market.
Chapter 3: Display of Market Dynamics – Drivers, Trends and Challenges and Opportunities earthquake insurance
Chapter 4: Introducing Earthquake Insurance Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL Analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Product Display by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the major manufacturers of the earthquake insurance market which includes its Competitive Landscape, Peer Group Analysis, BCG Matrix and Company Profile
Chapter 7: To assess the market by segments, by countries and by manufacturers/company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Viewing the appendix, methodology and data source

finally, Earthquake Insurance Market is a valuable source of advice for individuals and businesses.

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Thank you for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, South East Asia.

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