Auto Extended Warranty Providers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Auto Extended Warranty Providers Market Research Report | Advisory & Financial Services | Specialist Insurance Lines | Aug 2015

Extended recovery: A gradual increase in new car purchases will bolster demand

IBISWorld’s Auto Extended Warranty Providers market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Amtrust Amtrust market share
Assurant Solutions Assurant Solutions market share
Protective Protective market share
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

The Auto Extended Warranty Providers industry has suffered losses from a slow economy and changing trends in auto warranties. Automobile manufacturers are increasingly offering more comprehensive warranty plans, making extended warranty less attractive to new car buyers. Over the next five years, industry revenue is forecast to grow. As the economy improves, more consumers will purchase new cars and, consequently, more extended warranty plans. However, growth will continue to be hampered by competition from warranty plans offered by auto manufacturers and car dealerships.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Auto Extended Warranty Providers industry exhibits a low-level of market share concentration, with the top three operators accounting for an estimated 27.3% of industry revenue in 2015. In the five years to 2015, IBISWorld expects that market concentration increased marginally, primarily due to a number of acquisitions and partnership developments undertaken by the industry's major players. For example, in 2012 Assurant Solutions established an exclusive partnership with Carchex. The partnership allowed Assurant to offer many of Carchex's online services to its own customer base, in exchange for capital injection to further fuel Carchex's growth... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Auto Extended Warranty Providers Industry?

This industry provides automobile owners with extended warranty protection. The manufacturer or the authorized auto dealer does not underwrite these warranties, which extend beyond the manufacturer and dealer warranties. This type of warranty is purchased after the manufacturer or authorized dealer warranty expires. As a result, these warranties are primarily provided by a third-party organization.

Industry Products
Stated competent coveragePowertrain coverageBumper-to-bumper coverageOther coverage
Industry Activities
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