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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
A non-owner insurance policy offers liability coverage for bodily injury and property damage if a person habitually drives but doesn't own a car. This means that it will protect them if they are held responsible for accidents that result in losses or injuries.
Under the following circumstances, this insurance offers coverage for legal claims brought by third parties against the insured: for unintentional destruction or loss of third-party property. either physical harm or a third party's demise.
The legal liability resulting from injuries to a third party when the policyholder is at fault is protected by a third-party auto insurance plan.
The Global Non-Owned Auto Insurance Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Non-owner vehicle insurance is a liability policy for people who don't own a car but still require coverage, such as those who frequently rent automobiles or those who must provide proof of coverage.
If they cause a car accident, their liability auto insurance will cover the costs of the damage and injuries to other people. For instance, non-owner automobile insurance might cover their medical costs if they cause an accident in a car they don't own and someone else is injured.
Although the primary focus of a non-owner car insurance policy is liability insurance, it may also include other state-required coverages like uninsured motorist or medical payments coverage.
Non-owner auto insurance, through the liability protection the policy offers, assists in covering the costs of damage or injury to third parties in the event that a person causes an accident in a rented car. Any auto insurance the automobile owner has on the vehicle comes first; non-owner insurance comes second.
The following are some of the things that non-owner car insurance's liability policy protects against:Damage they do to someone else's property, such as car repair costs or expenditures for fixing broken objects like fences.A possible legal defence if they are accused of causing a car accident.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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