Global Home Insurance Market Size Was Valued at USD 276.70 Billion in 2023 and is Projected to Reach USD 569 Billion by 2032, Growing at a CAGR of 8.34% From 2024-2032.
Home insurance also referred to as called homeowners insurance or hazard insurance is property insurance that covers individual residence losses and damages with furnishing and other assets damages. Depending on the policy, changes the home insurance but most insurance plan offers coverage for risks like thunderstorms, burglary, and fire.