{"product_id":"homeowners-insurance-in-the-us-industry-market-research-report","title":"Homeowners' Insurance in the US - Industry Market Research Report","description":"\u003cp\u003eHomeowners' Insurance in the US - Industry Market Research Report\u003cbr\u003e\nHomeowners' Insurance in the US\u003c\/p\u003e\n\n\u003cp\u003eHomeowners' insurance protects households against property damage from natural causes or theft and liability from inflicting bodily injury or property damage on others. Demand for homeowners' insurance is typically stable regardless of fluctuations in macroeconomic factors. Homeowners' insurance is typically considered a requisite expense for protection against the inherent risks of homeownership. To this end, well over three-quarters of all US households have homeowners' insurance. Although, the industry's supply of homeowners' insurance and underwriting results vary significantly by geographic region because of differences in local claims costs, profitability and competitive market conditions. Over the past five years, revenue has been growing at a CAGR of 3.8% to $147.8 billion, including an expected 0.3% decline in 2023. Profit is also expected to climb to 12.1% of revenue in 2023 from 11.9% in 2018.\u003c\/p\u003e\n\n\u003cp\u003eThis industry includes insurers that underwrite (e.g. assume and manage risk) homeowners’ insurance policies. Homeowners’ insurance protects households against property damage or losses due to catastrophic disasters, theft and other causes. These policies also protect against personal liability that may result from bodily injury that occurs on one’s property.\u003c\/p\u003e\n\n\u003cp\u003eThis report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.\u003c\/p\u003e","brand":"Service Industries","offers":[{"title":"September, 2023 \/ 46 Pages \/ MCW16277552","offer_id":47710309450034,"sku":null,"price":1314.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/homeowners-insurance-in-the-us-industry-market-research-report","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}