Global Home Insurance Market Size & Outlook, 2023-2030
The global home insurance market size was estimated at USD 247,916.0 million in 2023 and is projected to reach USD 429,237.8 million by 2030, growing at a CAGR of 8.2% from 2024 to 2030.
Revenue, 2023 (US$M)
$247,916.0
Forecast, 2030 (US$M)
$429,237.8
CAGR, 2024 - 2030
8.2%
Report Coverage
Worldwide
Global home insurance market, 2018-2030 (US$M)
Global home insurance market highlights
- The global home insurance market generated a revenue of USD 247,916.0 million in 2023 and is expected to reach USD 429,237.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.2% by 2030.
- In terms of segment, comprehensive coverage accounted for a revenue of USD 247,916.0 million in 2023.
- Comprehensive Coverage is the most lucrative coverage segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 247,916.0 million |
| Market revenue in 2030 | USD 429,237.8 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Comprehensive coverage |
| Fastest growing segment | Comprehensive Coverage |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Comprehensive Coverage |
Other key industry trends
- In terms of revenue, the North America accounted for 29.7% of the global home insurance market in 2023.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Home Insurance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Zurich | View profile | 1-10 | Barcelona, Catalonia, Spain, Europe | http://www.zurich.es |
| Liberty Mutual Insurance | View profile | 10001+ | Boston, Massachusetts, United States, North America | http://www.libertymutualgroup.com |
| Chubb Ltd | View profile | 40000 | Baerengasse 32, Zurich, Switzerland, CH-8001 | https://www.chubb.com |
| American International Group Inc | View profile | 25200 | 1271 Avenue of the Americas, New York, NY, United States, 10020 | https://www.aig.com |
| Allianz SE | View profile | 154862 | Koniginstrasse 28, Munich, BY, Germany, 80802 | https://www.allianz.com |
Global home insurance market size, by regions, 2018-2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
