Usage-Based Insurance Market to Witness Huge Growth by 2028 : Esurance, Progressive, Allstate: Usage-Based Insurance Market Analysis & Forecast for Next 5 Years - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
September 22, 2022 Newswires
Share
Share
Tweet
Email

Usage-Based Insurance Market to Witness Huge Growth by 2028 : Esurance, Progressive, Allstate: Usage-Based Insurance Market Analysis & Forecast for Next 5 Years

ReleaseWire

New Jersey, NJ -- (SBWIRE) -- 09/22/2022 -- A new intelligence report released by HTF MI with title "Usage-Based Insurance Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Usage-Based Insurance offers energetic visions to conclude market size, opportunities, growth pattern, and competitive surroundings. The research is derived through primary and secondary sourced data and includes both qualitative and quantitative detailing. Some of the key players profiled in the study are Metro Mile, Progressive, Allstate, Nationwide, Esurance, Safeco, Travellers, Liberty Mutual Insurance, AIOI & QBE.

Usage-based Insurance market size has surpassed USD 30 billion in 2020 and will record a CAGR of over 20% through 2027.

What's keeping Metro Mile, Progressive, Allstate, Nationwide, Esurance, Safeco, Travellers, Liberty Mutual Insurance, AIOI & QBE Ahead in the Market? Benchmark yourself with the strategic moves and findings recently released by HTF MI

Get Sample Report + All Related Graphs & Charts @ : https://www.htfmarketreport.com/sample-report/3809820-usage-based-insurance-market-3

Market Overview of Usage-Based Insurance
If you are involved in the Usage-Based Insurance industry or aim to be, then this study is vital to keep your market knowledge up-to-date. The Market is segmented by Applications [Men & Women], Types / Coverage [Pay-As-You-Drive Insurance, Pay-How-You-Drive Insurance, Distance Based Insurance & Pay-As-You-Go Insurance] and major players. To get deep dive in market, geographically 22+ jurisdictions or countries were summarized in the study from Asia Pacific, MEA, South America, Europe and North America.

Geographically, the global version of report has following country inclusion:
- North America [United States, Canada and Mexico]
- Europe [Germany, the UK, France, Italy, Netherlands, Belgium, Denmark, Spain, Sweden, and Rest of Europe]
- Asia-Pacific [China, Japan, South Korea, India, Australia, Indonesia and Others]
- South America [Brazil, Argentina, Colombia and Rest of South America]
- Middle East and Africa (South Africa, Turkey, Israel, GCC Countries and Rest of Africa)

Have Any Query? Ask Our Expert @: https://www.htfmarketreport.com/enquiry-before-buy/3809820-usage-based-insurance-market-3

This study mainly helps understand which market segments or Country; Insurance carriers, Aggregators should focus in years to come to channelize their efforts and investments in Usage-Based Insurance to maximize growth and profitability. The growth in 2020 is noticeably slower and mature markets in North America and Western Europe requires "heavy lifting" to address such trends due to the dynamic macroeconomic and regulatory environment.

The distribution channels in the insurance industry, is always of great importance, reflecting the "push" nature of Usage-Based Insurance offering in the industry. The distribution model has continued to evolve as insurers try to better connect with their customers. Over the years, the Usage-Based Insurance industry has seen a clear dominance of face-to face selling (agents and brokers). However, with the increasing penetration of the Internet and customers preferring convenience, the digital mode of sales is becoming increasingly popular in Usage-Based Insurance.

Furthermore, the years considered for the study are as follows:
Historical year – 2016-2020
Base year – 2020
Forecast period – 2021 to 2026

Access Usage-Based Insurance Market Report Now; Buy Latest Edition@: https://www.htfmarketreport.com/buy-now?format=1&report=3809820

Major Highlights of TOC:

Chapter One: Usage-Based Insurance Market Industry Overview
1.1 Usage-Based Insurance Industry
1.1.1 Overview
1.1.2 Products of Major Companies
1.2 Usage-Based Insurance Market Segment
1.2.1 Industry Chain
1.2.2 Consumer Behaviour & Distribution Channels

Chapter Two: Usage-Based Insurance Market Demand
2.1 Segment Overview
Men & Women

2.2 Usage-Based Insurance Market Size by Application/End Users (2016-2020)
2.3 Usage-Based Insurance Market Forecast by Application/End Users (2021-2026)

Chapter Three: Usage-Based Insurance Market by Type
3.1 By Type, Pay-As-You-Drive Insurance, Pay-How-You-Drive Insurance, Distance Based Insurance & Pay-As-You-Go Insurance
3.2 Usage-Based Insurance Market Size by Type (2016-2020)
3.3 Usage-Based Insurance Market Forecast by Type (2021-2026)

Chapter Four: Usage-Based Insurance Market: by Region/Country
4.1 Usage-Based Insurance Market by Regions
4.2 Usage-Based Insurance Market Revenue & share by Region
4.3 North America
4.4 Europe
4.5 Asia Pacific
4.6 South America
4.7 Middle East & Africa

Chapter Five: Player Analysis
5.1 Market Share Analysis by Players (2019-2021E)
5.2 Market Concentration Rate by Regions
5.3 Company Profiles

..........continued

Browse Executive Summary and Complete Table of Content @ https://www.htfmarketreport.com/reports/3809820-usage-based-insurance-market-3

Thanks for reading Usage-Based Insurance Industry research publication; you can also get individual chapter wise section or region wise report version like USA, China, Southeast Asia, LATAM, APAC etc.

About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.

For more information on this press release visit: http://www.sbwire.com/press-releases/usage-based-insurance-market-to-witness-huge-growth-by-2028-esurance-progressive-allstate-1363766.htm

Media Relations Contact

Nidhi bhawsar
PR & Marketing Manager
HTF Market Intelligence Consulting Pvt. Ltd.
Telephone: 2063171218
Email: Click to Email Nidhi bhawsar
Web: https://www.htfmarketreport.com

Older

Term Life Insurance Market to Witness Massive Growth by 2028 : Allianz, AXA, Berkshire Hathaway: Term Life Insurance Market Analysis & Forecast for Next 5 Years

Newer

Whole Juvenile Life Insurance Market to See Booming Growth: Allianz, MetLife, Axa

Advisor News

  • Study finds more households move investable assets across firms
  • Could workplace benefits help solve America’s long-term care gap?
  • The best way to use a tax refund? Create a holistic plan
  • CFP Board appoints K. Dane Snowden as CEO
  • TIAA unveils ‘policy roadmap’ to boost retirement readiness
More Advisor News

Annuity News

  • $80k surrender charge at stake as Navy vet, Ameritas do battle in court
  • Sammons Institutional Group® Launches Summit LadderedSM
  • Protective Expands Life & Annuity Distribution with Alfa Insurance
  • Annuities: A key tool in battling inflation
  • Pinnacle Financial Services Launches New Agent Website, Elevating the Digital Experience for Independent Agents Nationwide
More Annuity News

Health/Employee Benefits News

  • Providers fear illness uptick
  • JAN. 30, 2026: NATIONAL ADVOCACY UPDATE
  • Advocates for elderly target utility, insurance costs
  • National Health Insurance Service Ilsan Hospital Describes Findings in Gastric Cancer (Incidence and risk factors for symptomatic gallstone disease after gastrectomy for gastric cancer: a nationwide population-based study): Oncology – Gastric Cancer
  • Reports from Stanford University School of Medicine Highlight Recent Findings in Mental Health Diseases and Conditions (PERSPECTIVE: Self-Funded Group Health Plans: A Public Mental Health Threat to Employees?): Mental Health Diseases and Conditions
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Etiqa General Insurance Berhad
  • Life insurance application activity hits record growth in 2025, MIB reports
  • AM Best Revises Outlooks to Positive for Well Link Life Insurance Company Limited
  • Investors holding $130M in PHL benefits slam liquidation, seek to intervene
  • Elevance making difficult decisions amid healthcare minefield
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

8.25% Cap Guaranteed for the Full Term
Guaranteed cap rate for 5 & 7 years—no annual resets. Explore Oceanview CapLock FIA.

Press Releases

  • Financial Independence Group Marks 50 Years of Growth, Innovation, and Advisor Support
  • Buckner Insurance Names Greg Taylor President of Idaho
  • ePIC Services Company and WebPrez Announce Exclusive Strategic Relationship; Carter Wilcoxson Appointed President of WebPrez
  • Agent Review Announces Major AI & AIO Platform Enhancements for Consumer Trust and Agent Discovery
  • Prosperity Life Group® Names Industry Veteran Mark Williams VP, National Accounts
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet