Auto & Other Vehicle Insurance Carriers Industry Overview

Companies in this industry provide property and casualty insurance coverage for automobiles, motorcycles, boats, and other vehicles. Activities include underwriting, assigning premiums, and assuming risk for personal and commercial insurance policies that cover loss related to vehicle damage, including property and other tangible assets damaged by the insured vehicle. Standard, nonstandard (high-risk driver), liability, and full-coverage auto policies are included in this industry, as well as specialty policies for recreational and all-terrain vehicles.