According to our (Global Info Research) latest study, the global Boat Insurance market size was valued at US$ 1067 million in 2024 and is forecast to a readjusted size of USD 1382 million by 2031 with a CAGR of 3.8% during review period.
Boat Insurance is hull insurance that covers damage to a boat, its machinery and its equipment. It refers to the main body of the ship and it can be understood like car insurance, with a difference of being for a water faring vehicle instead of land. It covers all types of vessels operating into the oceans, lakes, or rivers like bulk carriers, fishing boats, ships, tankers, cruises, yachts.
North America is the largest Boat Insurance market with about 43% market share. Europe is follower, accounting for about 29% market share.
The key players are Zurich, AXA, AVIVA, State Farm, Allianz, GEICO, Sompo Japan Nipponkoa, CPIC, Markel Corporation, Kemper Corporation, Allstate, MetLife, PingAn, Westfield, Westpac, RAA, Northbridge, RSA Insurance, Helvetia, Pantaenius Yacht Insurance, Generali, United Marine Underwriters, Pacific Marine etc. Top 5 companies occupied about 35% market share.
This report is a detailed and comprehensive analysis for global Boat Insurance market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Boat Insurance market size and forecasts, in consumption value ($ Million), 2020-2031
Global Boat Insurance market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Boat Insurance market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Boat Insurance market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Boat Insurance
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Boat Insurance market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Zurich, AXA, AVIVA, State Farm, Allianz, Berkshire Hathaway, Sompo Japan Nipponkoa, CPIC, Markel Corporation, Kemper Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Boat Insurance market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Actual Cash Value
Agreed Amount Value
Market segment by Application
Ocean
Lakes
Rivers
Market segment by players, this report covers
Zurich
AXA
AVIVA
State Farm
Allianz
Berkshire Hathaway
Sompo Japan Nipponkoa
CPIC
Markel Corporation
Kemper Corporation
Allstate
MetLife
PingAn
Westfield
Westpac
RAA
Northbridge
RSA Insurance
Helvetia
Pantaenius Yacht Insurance
Generali
United Marine Underwriters
Pacific Marine
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Boat Insurance product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Boat Insurance, with revenue, gross margin, and global market share of Boat Insurance from 2020 to 2025.
Chapter 3, the Boat Insurance competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Boat Insurance market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Boat Insurance.
Chapter 13, to describe Boat Insurance research findings and conclusion.
Summary:
Get latest Market Research Reports on Boat Insurance. Industry analysis & Market Report on Boat Insurance is a syndicated market report, published as Global Boat Insurance Market 2025 by Company, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Boat Insurance market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.