What you need to know

As many consumers are compelled by law or contract to purchase property and casualty insurance, rates of ownership are quite high, and the industry is highly competitive. While technological innovation continues to reshape the industry, consumer loyalty is yet to be significantly impacted by these developments, and most consumers make their policy choices based on price.

Definition

This Report only covers P&C (property and casualty) insurance – auto, homeowner/condo, and renters insurance. It does not include any information about health or life insurance. This Report builds on the analysis presented in Mintel’s Property and Casualty Insurance – US, March 2018.

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