Vehicle Insurance Market size is expected to be worth around USD 1,949.9 Billion

The Global Vehicle Insurance Market size is expected to be worth around USD 1,949.9 Billion By 2034, from USD 911.6 billion in 2024, growing at a CAGR of 7.9% during the forecast period from 2025 to 2034. In 2024, North America held a dominant market position, capturing more than a 34.9% share, holding USD 318.14 Billion revenue.

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Vehicle Insurance Market Size, Share | CAGR of 7.9%
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Vehicle Insurance Market Size, Share | CAGR of 7.9%

The Vehicle Insurance Market is estimated to reach USD 1,949.9 Bn By 2034, Riding on a Strong 7.9% CAGR throughout the forecast period.