Home insurance is an insurance that provides financial protection to an individual against losses and damages to an individual’s residence, along with furnishings and other assets at home. Homeowners insurance also provides liability coverage against accidents at home or on the property. It is a package policy, which means that it covers both damage to property and liability, or legal responsibility, for any injuries and property damage policyholders or their families cause to other people.
Growth in global number of households, increase in initiatives by government, and rise in number of accidents and man-made disasters are the major factors that drive the growth of the global home insurance market. However, lack of awareness regarding home insurance policy hampers the growth of the market. On the contrary, untapped potential of emerging economies and new technological developments in the home insurance industry are expected to provide lucrative opportunity for market expansion during the forecast period.
The home insurance market is segmented into coverage, end user, and region. On the basis of coverage, the market is categorized into comprehensive coverage, dwelling coverage, content coverage, and other optional coverages. By end user, it is bifurcated into landlords and tenants. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the home insurance market are Allstate Insurance Company, ALLIANZ GROUP, ADMIRAL, AXA, American International Group, Inc., Chubb, Liberty Mutual Insurance, People’s Insurance Company of China Group, State Farm Mutual Automobile Insurance, and Zurich Insurance Co. Limited. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.


  • The study provides an in-depth analysis of the global home insurance market along with the current trends and future estimations to elucidate the imminent investment pockets.
  • Information about key drivers, restraints, and opportunities and their impact analysis on the global home insurance market size is provided in the report.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
  • The quantitative analysis of the market from 2019 to 2027 is provided to determine the market potential.

By Coverage

  • Comprehensive Coverage
  • Dwelling Coverage
  • Content Coverage
  • Other Optional Coverages

By End Users

  • Landlords
  • Tenants

By Region

  • North America
  • ·U.S.
  • ·Canada
  • Europe
  • ·UK
  • ·Germany
  • ·France
  • ·Italy
  • ·Spain
  • ·Netherlands
  • ·Rest of Europe
  • Asia-Pacific
  • ·China
  • ·Japan
  • ·India
  • ·Australia
  • ·New Zealand
  • ·Rest of Asia-Pacific
  • ·Latin America
  • ·Middle East
  • ·Africa

Key Market Players

  • Allstate Insurance Company
  • AXA
  • American International Group, Inc.
  • Chubb
  • Liberty Mutual Insurance
  • People’s Insurance Company of China Group
  • State Farm Mutual Automobile Insurance
  • Zurich Insurance Co. Limited