Boat Insurance Market

Boat Insurance is hull insurance that covers damage to a boat, its machinery and its equipment. It refers to the main body of the ship and it can be understood like car insurance, with a difference of being for a water faring vehicle instead of land. It covers all types of vessels operating into the oceans, lakes, or rivers like bulk carriers, fishing boats, ships, tankers, cruises, yachts.

Boat Insurance Market contains market size and forecasts of Boat Insurance in Global, including the following market information:

• Global Boat Insurance Market Revenue, 2017-2022, 2023-2028, ($ millions)
• Global top five companies in 2021 (%)

The global Boat Insurance market was valued at 988.7 million in 2021 and is projected to reach US$ 1277.8 million by 2028, at a CAGR of 3.7% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Actual Cash Value Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Boat Insurance include Zurich, AXA, AVIVA, State Farm, Allianz, Berkshire Hathaway, Sompo Japan Nipponkoa, CPIC and Markel Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Boat Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Boat Insurance Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Boat Insurance Market Segment Percentages, by Type, 2021 (%)

• Actual Cash Value
• Agreed Amount Value

Global Boat Insurance Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Boat Insurance Market Segment Percentages, by Application, 2021 (%)

• Ocean
• Lakes
• Rivers

Global Boat Insurance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Boat Insurance Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa
• Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Boat Insurance revenues in global market, 2017-2022 (estimated), ($ millions)
• Key companies Boat Insurance revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Zurich
• AXA
• AVIVA
• State Farm
• Allianz
• Berkshire Hathaway
• Sompo Japan Nipponkoa
• CPIC
• Markel Corporation
• Kemper Corporation
• Allstate
• MetLife
• PingAn
• Westfield
• Westpac
• RAA
• Northbridge
• RSA Insurance
• Helvetia
• Pantaenius Yacht Insurance
• Generali
• United Marine Underwriters
• Pacific Marine