
Guaranteed Asset Protection (GAP) insurance or Gap insurance is a type of auto insurance that car owners can buy to protect themselves against losses that can arise when the amount of compensation received from a total loss does not fully cover the amount the insured owes on the vehicle's financing or lease agreement. This situation arises when the balance owed on a car loan is greater than the book value of the vehicle.
The global Guaranteed Asset Protection (GAP) Insurance market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Guaranteed Asset Protection (GAP) Insurance is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Guaranteed Asset Protection (GAP) Insurance is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Guaranteed Asset Protection (GAP) Insurance in Passenger Car is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Guaranteed Asset Protection (GAP) Insurance include ALA, Admiral, AXA, Warranty Direct (BNP Paribas Cardif), AAA, Nationwide, Allianz, Covéa Insurance and Direct Gap, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Guaranteed Asset Protection (GAP) Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Guaranteed Asset Protection (GAP) Insurance.
Report Scope
The Guaranteed Asset Protection (GAP) Insurance market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Guaranteed Asset Protection (GAP) Insurance market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Guaranteed Asset Protection (GAP) Insurance companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Âé¶¹Ô´´ Segmentation
By Company
ALA
Admiral
AXA
Warranty Direct (BNP Paribas Cardif)
AAA
Nationwide
Allianz
Covéa Insurance
Direct Gap
InsuretheGap (Halo Insurance)
Motoreasy
Click4Gap
Esurance
USAA
Allstate
Progressive
Zurich Insurance
Segment by Type
Finance GAP Insurance
Return-to-invoice GAP Insurance
Vehicle Replacement GAP Insurance
Return-to-value GAP Insurance
Others
Segment by Application
Passenger Car
Commercial Vehicle
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by 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 2: 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 3: Detailed analysis of Guaranteed Asset Protection (GAP) Insurance companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin 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 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Finance GAP Insurance
1.2.3 Return-to-invoice GAP Insurance
1.2.4 Vehicle Replacement GAP Insurance
1.2.5 Return-to-value GAP Insurance
1.2.6 Others
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Passenger Car
1.3.3 Commercial Vehicle
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Perspective (2019-2030)
2.2 Guaranteed Asset Protection (GAP) Insurance Growth Trends by Region
2.2.1 Global Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size by Region: 2019 VS 2023 VS 2030
2.2.2 Guaranteed Asset Protection (GAP) Insurance Historic Âé¶¹Ô´´ Size by Region (2019-2024)
2.2.3 Guaranteed Asset Protection (GAP) Insurance Forecasted Âé¶¹Ô´´ Size by Region (2025-2030)
2.3 Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Dynamics
2.3.1 Guaranteed Asset Protection (GAP) Insurance Industry Trends
2.3.2 Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Drivers
2.3.3 Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Challenges
2.3.4 Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Guaranteed Asset Protection (GAP) Insurance Players by Revenue
3.1.1 Global Top Guaranteed Asset Protection (GAP) Insurance Players by Revenue (2019-2024)
3.1.2 Global Guaranteed Asset Protection (GAP) Insurance Revenue Âé¶¹Ô´´ Share by Players (2019-2024)
3.2 Global Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Guaranteed Asset Protection (GAP) Insurance Revenue
3.4 Global Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Guaranteed Asset Protection (GAP) Insurance Revenue in 2023
3.5 Guaranteed Asset Protection (GAP) Insurance Key Players Head office and Area Served
3.6 Key Players Guaranteed Asset Protection (GAP) Insurance Product Solution and Service
3.7 Date of Enter into Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Guaranteed Asset Protection (GAP) Insurance Breakdown Data by Type
4.1 Global Guaranteed Asset Protection (GAP) Insurance Historic Âé¶¹Ô´´ Size by Type (2019-2024)
4.2 Global Guaranteed Asset Protection (GAP) Insurance Forecasted Âé¶¹Ô´´ Size by Type (2025-2030)
5 Guaranteed Asset Protection (GAP) Insurance Breakdown Data by Application
5.1 Global Guaranteed Asset Protection (GAP) Insurance Historic Âé¶¹Ô´´ Size by Application (2019-2024)
5.2 Global Guaranteed Asset Protection (GAP) Insurance Forecasted Âé¶¹Ô´´ Size by Application (2025-2030)
6 North America
6.1 North America Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size (2019-2030)
6.2 North America Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size by Country (2019-2024)
6.4 North America Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size (2019-2030)
7.2 Europe Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size by Country (2019-2024)
7.4 Europe Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size (2019-2030)
8.2 Asia-Pacific Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size by Region (2019-2024)
8.4 Asia-Pacific Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size (2019-2030)
9.2 Latin America Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size by Country (2019-2024)
9.4 Latin America Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size (2019-2030)
10.2 Middle East & Africa Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size by Country (2019-2024)
10.4 Middle East & Africa Guaranteed Asset Protection (GAP) Insurance Âé¶¹Ô´´ Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ALA
11.1.1 ALA Company Detail
11.1.2 ALA Business Overview
11.1.3 ALA Guaranteed Asset Protection (GAP) Insurance Introduction
11.1.4 ALA Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.1.5 ALA Recent Development
11.2 Admiral
11.2.1 Admiral Company Detail
11.2.2 Admiral Business Overview
11.2.3 Admiral Guaranteed Asset Protection (GAP) Insurance Introduction
11.2.4 Admiral Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.2.5 Admiral Recent Development
11.3 AXA
11.3.1 AXA Company Detail
11.3.2 AXA Business Overview
11.3.3 AXA Guaranteed Asset Protection (GAP) Insurance Introduction
11.3.4 AXA Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.3.5 AXA Recent Development
11.4 Warranty Direct (BNP Paribas Cardif)
11.4.1 Warranty Direct (BNP Paribas Cardif) Company Detail
11.4.2 Warranty Direct (BNP Paribas Cardif) Business Overview
11.4.3 Warranty Direct (BNP Paribas Cardif) Guaranteed Asset Protection (GAP) Insurance Introduction
11.4.4 Warranty Direct (BNP Paribas Cardif) Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.4.5 Warranty Direct (BNP Paribas Cardif) Recent Development
11.5 AAA
11.5.1 AAA Company Detail
11.5.2 AAA Business Overview
11.5.3 AAA Guaranteed Asset Protection (GAP) Insurance Introduction
11.5.4 AAA Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.5.5 AAA Recent Development
11.6 Nationwide
11.6.1 Nationwide Company Detail
11.6.2 Nationwide Business Overview
11.6.3 Nationwide Guaranteed Asset Protection (GAP) Insurance Introduction
11.6.4 Nationwide Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.6.5 Nationwide Recent Development
11.7 Allianz
11.7.1 Allianz Company Detail
11.7.2 Allianz Business Overview
11.7.3 Allianz Guaranteed Asset Protection (GAP) Insurance Introduction
11.7.4 Allianz Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.7.5 Allianz Recent Development
11.8 Covéa Insurance
11.8.1 Covéa Insurance Company Detail
11.8.2 Covéa Insurance Business Overview
11.8.3 Covéa Insurance Guaranteed Asset Protection (GAP) Insurance Introduction
11.8.4 Covéa Insurance Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.8.5 Covéa Insurance Recent Development
11.9 Direct Gap
11.9.1 Direct Gap Company Detail
11.9.2 Direct Gap Business Overview
11.9.3 Direct Gap Guaranteed Asset Protection (GAP) Insurance Introduction
11.9.4 Direct Gap Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.9.5 Direct Gap Recent Development
11.10 InsuretheGap (Halo Insurance)
11.10.1 InsuretheGap (Halo Insurance) Company Detail
11.10.2 InsuretheGap (Halo Insurance) Business Overview
11.10.3 InsuretheGap (Halo Insurance) Guaranteed Asset Protection (GAP) Insurance Introduction
11.10.4 InsuretheGap (Halo Insurance) Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.10.5 InsuretheGap (Halo Insurance) Recent Development
11.11 Motoreasy
11.11.1 Motoreasy Company Detail
11.11.2 Motoreasy Business Overview
11.11.3 Motoreasy Guaranteed Asset Protection (GAP) Insurance Introduction
11.11.4 Motoreasy Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.11.5 Motoreasy Recent Development
11.12 Click4Gap
11.12.1 Click4Gap Company Detail
11.12.2 Click4Gap Business Overview
11.12.3 Click4Gap Guaranteed Asset Protection (GAP) Insurance Introduction
11.12.4 Click4Gap Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.12.5 Click4Gap Recent Development
11.13 Esurance
11.13.1 Esurance Company Detail
11.13.2 Esurance Business Overview
11.13.3 Esurance Guaranteed Asset Protection (GAP) Insurance Introduction
11.13.4 Esurance Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.13.5 Esurance Recent Development
11.14 USAA
11.14.1 USAA Company Detail
11.14.2 USAA Business Overview
11.14.3 USAA Guaranteed Asset Protection (GAP) Insurance Introduction
11.14.4 USAA Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.14.5 USAA Recent Development
11.15 Allstate
11.15.1 Allstate Company Detail
11.15.2 Allstate Business Overview
11.15.3 Allstate Guaranteed Asset Protection (GAP) Insurance Introduction
11.15.4 Allstate Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.15.5 Allstate Recent Development
11.16 Progressive
11.16.1 Progressive Company Detail
11.16.2 Progressive Business Overview
11.16.3 Progressive Guaranteed Asset Protection (GAP) Insurance Introduction
11.16.4 Progressive Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.16.5 Progressive Recent Development
11.17 Zurich Insurance
11.17.1 Zurich Insurance Company Detail
11.17.2 Zurich Insurance Business Overview
11.17.3 Zurich Insurance Guaranteed Asset Protection (GAP) Insurance Introduction
11.17.4 Zurich Insurance Revenue in Guaranteed Asset Protection (GAP) Insurance Business (2019-2024)
11.17.5 Zurich Insurance Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
ALA
Admiral
AXA
Warranty Direct (BNP Paribas Cardif)
AAA
Nationwide
Allianz
Covéa Insurance
Direct Gap
InsuretheGap (Halo Insurance)
Motoreasy
Click4Gap
Esurance
USAA
Allstate
Progressive
Zurich Insurance
Ìý
Ìý
*If Applicable.
