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Building & Contents Insurance in the US - Procurement Research Report

Building & Contents Insurance Procurement in the US

This report is intended to assist buyers of building and contents insurance, sometimes referred to as property insurance. Policies in this market insure a business's physical assets, including the building itself, furniture, equipment, inventory, landscaping and outdoor signage. These assets are typically insured in the event of damage, a natural disaster, loss or theft. Suppliers in this market include direct insurance carriers, agents and brokers, while buyers range from commercial and industrial businesses to retailers, government agencies and educational institutions. This report focuses on commercial insurance policies and excludes consumer insurance, such as homeowner’s insurance and any insurance coverage for personal property.


AT A GLANCE

EXECUTIVE SUMMARY

PRICE ENVIRONMENT
Price Fundamentals
Price Drivers
Recent Price Trend
Price Forecast

PRODUCT CHARACTERISTICS
Product Life Cycle
Total Cost of Ownership
Product Specialization
Related Goods
Substitute Goods
Regulation

Quality Control

SUPPLY CHAIN & VENDORS
Supply Chain Dynamics
Competitive Environment
Market Profitability
Switching Cost

PURCHASING PROCESS
Buying Basics
Key RFP Elements
NEGOTIATION STATISTICS

BUYER POWER SCORE COMPONENTS

JARGON & GLOSSARY

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