APO RESEARCH · REPORT
Commercial Auto Insurance
Commercial vehicle insurance is a policy of physical damage and liability coverages for amounts, situations, and usage not covered by a personal auto insurance policy. This type of business insurance covers many types of commercial vehicles—from automobiles used for business purposes, including company cars, to a wide variety of commercial trucks and vehicles.
Product & engineering
Understand the product.
Commercial vehicle insurance is a policy of physical damage and liability coverages for amounts, situations, and usage not covered by a personal auto insurance policy. This type of business insurance covers many types of commercial vehicles—from automobiles used for business purposes, including company cars, to a wide variety of commercial trucks and vehicles.
Selected research
Industry Research
Commercial Auto Insurance Industry Research Report 2026
Market perspective
Commercial vehicle insurance is a policy of physical damage and liability coverages for amounts, situations, and usage not covered by a personal auto insurance policy. This type of business insurance covers many types of commercial vehicles—from automobiles used for business purposes, including company cars, to a wide variety of commercial trucks and vehicles.
Major companies in the industry include PICC, Progressive Corporation and Ping An Insurance, which accounted for 5.03%, 3.82% and 3.41% of revenue in 2019, respectively. By region, Europe had the highest share of income, at 35.56%.
Report Scope
Read the full market overview
This report quantifies the global Commercial Auto Insurance market in terms of revenue (US$ million) and, where applicable, service volume (), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Commercial Auto Insurance.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Commercial Auto Insurance Market by Company
PICC
Progressive Corporation
Ping An
AXA
Sompo Japan
Tokyo Marine
Travelers Group
Liberty Mutual Group
Zurich
CPIC
Nationwide
Mitsui Sumitomo Insurance
Aviva
Berkshire Hathaway
Old Republic International
Auto Owners Grp.
Generali Group
MAPFRE
Chubb
AmTrust NGH
Commercial Auto Insurance Segment by Type
Liability Insurance
Physical Damage Insurance
Others
Commercial Auto Insurance Segment by Application
Passenger Car
Commercial Vehicle
Commercial Auto Insurance Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Commercial Auto Insurance market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Commercial Auto Insurance and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Commercial Auto Insurance.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Commercial Auto Insurance companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Liability Insurance
- Physical Damage Insurance
- Others
Applications
- Passenger Car
- Commercial Vehicle
Companies covered
- PICC
- Progressive Corporation
- Ping An
- AXA
- Sompo Japan
- Tokyo Marine
- Travelers Group
- Liberty Mutual Group
- Zurich
- CPIC
- Nationwide
- Mitsui Sumitomo Insurance
- Aviva
- Berkshire Hathaway
- Old Republic International
- Auto Owners Grp.
- Generali Group
- MAPFRE
- Chubb
- AmTrust NGH
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Commercial Auto Insurance by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Liability Insurance
- 2.2.3 Physical Damage Insurance
- 2.2.4 Others
- 2.3 Commercial Auto Insurance by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Passenger Car
- 2.3.3 Commercial Vehicle
- 2.4 Assumptions and Limitations
3 Commercial Auto Insurance Breakdown Data by Type
- 3.1 Global Commercial Auto Insurance Historic Market Size by Type (2021-2026)
- 3.2 Global Commercial Auto Insurance Forecasted Market Size by Type (2027-2032)
4 Commercial Auto Insurance Breakdown Data by Application
- 4.1 Global Commercial Auto Insurance Historic Market Size by Application (2021-2026)
- 4.2 Global Commercial Auto Insurance Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Commercial Auto Insurance Market Perspective (2021-2032)
- 5.2 Global Commercial Auto Insurance Growth Trends by Region
- 5.2.1 Global Commercial Auto Insurance Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Commercial Auto Insurance Historic Market Size by Region (2021-2026)
- 5.2.3 Commercial Auto Insurance Forecasted Market Size by Region (2027-2032)
- 5.3 Commercial Auto Insurance Market Dynamics
- 5.3.1 Commercial Auto Insurance Industry Trends
- 5.3.2 Commercial Auto Insurance Market Drivers
- 5.3.3 Commercial Auto Insurance Market Challenges
- 5.3.4 Commercial Auto Insurance Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Commercial Auto Insurance Players by Revenue
- 6.1.1 Global Top Commercial Auto Insurance Players by Revenue (2021-2026)
- 6.1.2 Global Commercial Auto Insurance Revenue Market Share by Players (2021-2026)
- 6.2 Global Commercial Auto Insurance Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Commercial Auto Insurance Head Office and Area Served
- 6.4 Global Commercial Auto Insurance Players, Product Type & Application
- 6.5 Global Commercial Auto Insurance Manufacturers Established Date
- 6.6 Global Commercial Auto Insurance Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Commercial Auto Insurance Market Size (2021-2032)
- 7.2 North America Commercial Auto Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Commercial Auto Insurance Market Size by Country (2021-2026)
- 7.4 North America Commercial Auto Insurance Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Commercial Auto Insurance Market Size (2021-2032)
- 8.2 Europe Commercial Auto Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Commercial Auto Insurance Market Size by Country (2021-2026)
- 8.4 Europe Commercial Auto Insurance Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Commercial Auto Insurance Market Size (2021-2032)
- 9.2 Asia-Pacific Commercial Auto Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Commercial Auto Insurance Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Commercial Auto Insurance Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Commercial Auto Insurance Market Size (2021-2032)
- 10.2 South America Commercial Auto Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Commercial Auto Insurance Market Size by Country (2021-2026)
- 10.4 South America Commercial Auto Insurance Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Commercial Auto Insurance Market Size (2021-2032)
- 11.2 Middle East & Africa Commercial Auto Insurance Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Commercial Auto Insurance Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Commercial Auto Insurance Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 PICC
- 12.1.1 PICC Company Information
- 12.1.2 PICC Business Overview
- 12.1.3 PICC Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.1.4 PICC Commercial Auto Insurance Product Portfolio
- 12.1.5 PICC Recent Developments
- 12.2 Progressive Corporation
- 12.2.1 Progressive Corporation Company Information
- 12.2.2 Progressive Corporation Business Overview
- 12.2.3 Progressive Corporation Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.2.4 Progressive Corporation Commercial Auto Insurance Product Portfolio
- 12.2.5 Progressive Corporation Recent Developments
- 12.3 Ping An
- 12.3.1 Ping An Company Information
- 12.3.2 Ping An Business Overview
- 12.3.3 Ping An Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.3.4 Ping An Commercial Auto Insurance Product Portfolio
- 12.3.5 Ping An Recent Developments
- 12.4 AXA
- 12.4.1 AXA Company Information
- 12.4.2 AXA Business Overview
- 12.4.3 AXA Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.4.4 AXA Commercial Auto Insurance Product Portfolio
- 12.4.5 AXA Recent Developments
- 12.5 Sompo Japan
- 12.5.1 Sompo Japan Company Information
- 12.5.2 Sompo Japan Business Overview
- 12.5.3 Sompo Japan Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.5.4 Sompo Japan Commercial Auto Insurance Product Portfolio
- 12.5.5 Sompo Japan Recent Developments
- 12.6 Tokyo Marine
- 12.6.1 Tokyo Marine Company Information
- 12.6.2 Tokyo Marine Business Overview
- 12.6.3 Tokyo Marine Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.6.4 Tokyo Marine Commercial Auto Insurance Product Portfolio
- 12.6.5 Tokyo Marine Recent Developments
- 12.7 Travelers Group
- 12.7.1 Travelers Group Company Information
- 12.7.2 Travelers Group Business Overview
- 12.7.3 Travelers Group Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.7.4 Travelers Group Commercial Auto Insurance Product Portfolio
- 12.7.5 Travelers Group Recent Developments
- 12.8 Liberty Mutual Group
- 12.8.1 Liberty Mutual Group Company Information
- 12.8.2 Liberty Mutual Group Business Overview
- 12.8.3 Liberty Mutual Group Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.8.4 Liberty Mutual Group Commercial Auto Insurance Product Portfolio
- 12.8.5 Liberty Mutual Group Recent Developments
- 12.9 Zurich
- 12.9.1 Zurich Company Information
- 12.9.2 Zurich Business Overview
- 12.9.3 Zurich Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.9.4 Zurich Commercial Auto Insurance Product Portfolio
- 12.9.5 Zurich Recent Developments
- 12.10 CPIC
- 12.10.1 CPIC Company Information
- 12.10.2 CPIC Business Overview
- 12.10.3 CPIC Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.10.4 CPIC Commercial Auto Insurance Product Portfolio
- 12.10.5 CPIC Recent Developments
- 12.11 Nationwide
- 12.11.1 Nationwide Company Information
- 12.11.2 Nationwide Business Overview
- 12.11.3 Nationwide Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.11.4 Nationwide Commercial Auto Insurance Product Portfolio
- 12.11.5 Nationwide Recent Developments
- 12.12 Mitsui Sumitomo Insurance
- 12.12.1 Mitsui Sumitomo Insurance Company Information
- 12.12.2 Mitsui Sumitomo Insurance Business Overview
- 12.12.3 Mitsui Sumitomo Insurance Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.12.4 Mitsui Sumitomo Insurance Commercial Auto Insurance Product Portfolio
- 12.12.5 Mitsui Sumitomo Insurance Recent Developments
- 12.13 Aviva
- 12.13.1 Aviva Company Information
- 12.13.2 Aviva Business Overview
- 12.13.3 Aviva Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.13.4 Aviva Commercial Auto Insurance Product Portfolio
- 12.13.5 Aviva Recent Developments
- 12.14 Berkshire Hathaway
- 12.14.1 Berkshire Hathaway Company Information
- 12.14.2 Berkshire Hathaway Business Overview
- 12.14.3 Berkshire Hathaway Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.14.4 Berkshire Hathaway Commercial Auto Insurance Product Portfolio
- 12.14.5 Berkshire Hathaway Recent Developments
- 12.15 Old Republic International
- 12.15.1 Old Republic International Company Information
- 12.15.2 Old Republic International Business Overview
- 12.15.3 Old Republic International Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.15.4 Old Republic International Commercial Auto Insurance Product Portfolio
- 12.15.5 Old Republic International Recent Developments
- 12.16 Auto Owners Grp.
- 12.16.1 Auto Owners Grp. Company Information
- 12.16.2 Auto Owners Grp. Business Overview
- 12.16.3 Auto Owners Grp. Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.16.4 Auto Owners Grp. Commercial Auto Insurance Product Portfolio
- 12.16.5 Auto Owners Grp. Recent Developments
- 12.17 Generali Group
- 12.17.1 Generali Group Company Information
- 12.17.2 Generali Group Business Overview
- 12.17.3 Generali Group Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.17.4 Generali Group Commercial Auto Insurance Product Portfolio
- 12.17.5 Generali Group Recent Developments
- 12.18 MAPFRE
- 12.18.1 MAPFRE Company Information
- 12.18.2 MAPFRE Business Overview
- 12.18.3 MAPFRE Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.18.4 MAPFRE Commercial Auto Insurance Product Portfolio
- 12.18.5 MAPFRE Recent Developments
- 12.19 Chubb
- 12.19.1 Chubb Company Information
- 12.19.2 Chubb Business Overview
- 12.19.3 Chubb Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.19.4 Chubb Commercial Auto Insurance Product Portfolio
- 12.19.5 Chubb Recent Developments
- 12.20 AmTrust NGH
- 12.20.1 AmTrust NGH Company Information
- 12.20.2 AmTrust NGH Business Overview
- 12.20.3 AmTrust NGH Revenue in Commercial Auto Insurance Business (2021-2026)
- 12.20.4 AmTrust NGH Commercial Auto Insurance Product Portfolio
- 12.20.5 AmTrust NGH Recent Developments
13 Report Conclusion
14 Disclaimer
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