US NAICS OD4765|Statistics

Automobile Insurance in the US - Market Size (2020-2030)

Name: Automobile Insurance in the US
Creator: IBISWorld
License: https://www.ibisworld.com/about/termsofuse/

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The market size of the Automobile Insurance industry in the US is $xx.xx, which is expected to grow at xx% over the next five years. This industry underwrites or assumes the risk and assigns premiums for auto insurance policies. Car insurance provides financial protection against physical damage to automobiles and bodily injuries resulting from traffic incidents. Automobile insurance can also protect against resulting liability.

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Market Size

Total value ($) and annual change from 2012 – 2030.

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Revenue

$XX

2020-2025 XX%

2025-2030 XX%

Employees

XX

2020-2025 XX%

2025-2030 XX%

Businesses

XX

2020-2025 XX%

2025-2030 XX%

Profit

$XX

2020-2025 XX%

Profit Margin

$XX

2020-2025 XX%

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Industry	Sector	Last 5-yr CAGR	Forecast 5-year CAGR	Revenue
Property, Casualty and Direct Insurance in the US	Advisory and Financial Services	XX%	XX%	$XX
Life Insurance & Annuities in the US	Advisory and Financial Services	XX%	XX%	$XX
Health & Medical Insurance in the US	Advisory and Financial Services	XX%	XX%	$XX
Reinsurance Carriers in the US	Advisory and Financial Services	XX%	XX%	$XX
Global Direct General Insurance Carriers	Advisory and Financial Services in Global	XX%	XX%	$XX
Property, Casualty and Direct Insurance in Canada	Advisory and Financial Services in Canada	XX%	XX%	$XX
General Insurance in Australia	Advisory and Financial Services in Australia	XX%	XX%	$XX
General Insurance in New Zealand	Advisory and Financial Services in New Zealand	XX%	XX%	$XX
General Insurance in the UK	Advisory and Financial Services in the UK	XX%	XX%	$XX
Classic Car Insurance in the UK	Advisory and Financial Services in the UK	XX%	XX%	$XX
Home Insurance in the UK	Advisory and Financial Services in the UK	XX%	XX%	$XX
Insurance in Ireland	Advisory and Financial Services in Ireland	XX%	XX%	$XX
Property, Car & Other Non-Life Insurance in China	Advisory and Financial Services in China	XX%	XX%	$XX

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Frequently Asked Questions

What was the market size of the Automobile Insurance in the US in 2025?

The market size of the Automobile Insurance in the US is $352.9bn in 2025.

What is the growth rate of the Automobile Insurance in the US in 2025?

The market size of the Automobile Insurance in the US increased 0.2% in 2025.

Has the Automobile Insurance in the US grown or declined over the past 5 years?

The market size of the Automobile Insurance in the US has declined at a -1.1% CAGR between 2020 and 2025.

Is the Automobile Insurance in the US expected to grow or decline over the next five years?

See our full analysis of the Automobile Insurance in the US to understand if the industry market size is expected to grow or decline over the next five years.

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