Monday, January 31, 2011

UK Extended Warranty Insurance 2010


UK Extended Warranty Insurance 2010

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UK Extended Warranty Insurance 2010 provides a detailed overview of the extended warranty market. The report is divided into two core segments: private motor and household electricals extended warranty. Both sections examine the total market size, retail sales, profitability, claims, distribution, key competitors and forecasts.

UK Extended Warranty Insurance 2010

Scope
  • Information and data on the attractiveness of the motor and electricals extended warranty market.
  • Detailed car parc and electrical retail data.
  • An overview of the market structure and competitors that are active in this space.
  • An insight into how industry players view this market taken from in-depth interviews.
Highlights
The total private motor extended market grew marginally by 1.6% during 2009. Datamonitor has noticed that some dealers which sell motor EW have been more vigorous in the up-selling of this product, as they have experienced a significant fall in car sales and so need to seek other non-sales related revenue.
The white goods electricals extended warranty market is the largest because penetration rates are highest in this sector, with many providers estimating penetration at around 25%.
Most extended warranty policies are sold at point of sale, although post point of sale sellers are growing in size because customers are researching online for the cheapest coverage.
Reasons to Purchase
  • Understand the extended warranty market and which companies sell this product.
  • Get to grips with the size of the market and how it is anticipated to grow in the future.
  • Make decisions based on detailed statistics taken from a wide array of sources including Datamonitor’s sister company Verdict Research.

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