Auto Insurance Market Size Worth $1,620.2 Billion By 2028 | CAGR: 8.8% | Million Insights
https://sites.google.com/view/commonautorepairs/ Argus's Jim Kelleher and John Eade break down stocks they see as well-positioned for 2022 on Wed, 2/9 at 2 PM ET. Auto Insurance Market Size Worth $1,620.2 Billion By 2028 | CAGR: 8.8% | Million Insights FELTON, Calif., Feb. 7, 2022 /PRNewswire/ -- The global auto insurance market size is expected to reach USD 1,620.2 billion by 2028, according to a new report by Million Insights. It is expected to expand at a CAGR of 8.8% from 2021 to 2028. The growing middle-class population in developing economies like China, India, and Brazil is propelling the demand for auto insurance. Various initiatives by the government and reforms regarding insurance policies have led to the significant growth of the market. Key Insights from the report: Asia Pacific is expected to register the fastest CAGR of 9.6% from 2021 to 2028 owing to the rising middle-class population in developing countries, including China and India Based on coverage, the third-par