Top 10 Car Insurance Providers in America

Car Insurance Providers 

The 10 largest car insurance providers in the US dominate the market. Find out what sets them apart from industry competitors in this article

The top 10 auto insurance providers in the U.S. continue to dominate the market, underwriting three-quarters (77%) of the nation's auto policies, the latest market share data released by the National Association of Insurance Commissioners (NAIC) reveals. This number is slightly higher than $213.1 billion in direct written premiums – a 14.5% increase over the previous year.

But despite a handful of major companies dominating the auto insurance industry, these insurance companies also offer a wide variety of products, benefits and services to customers.

To give insurance buyers a picture of what the nation's leading car insurers offer in terms of coverage, Insurance Business ranks the largest auto insurance companies in this article. We will give you a breakdown of the various policies you can access from these insurers and how these companies perform based on customer experience. Here are the top 10 car insurance providers in the US, ranked by market share.

1. State Farm

Market share: 16.8%

Direct premiums written: $46.7 billion

Shopping experience rating: 877 on a 1,000-point scale

Claims satisfaction rating: 882 on a 1,000-point scale

2. Progressive

Market share: 14%

Direct premiums written: $38.9 billion

Shopping experience rating: 853

Customer satisfaction rating: 861

Financial strength: A+

3. GEICO

Market share: 13.8%

Direct premiums written: $38.1 billion

Shopping experience rating: 857

Claims Satisfaction Rating: 874

Financial strength: A++

4. Allstate

Market Share: 10.8%

Direct premiums written: $29.6 billion

Shopping experience rating: 853

Claims Satisfaction Rating: 889

Financial strength: A++

5. USAA

Market Share: 5.9%

Direct premiums written: $16.4 billion

Shopping experience rating: 874

Claims Satisfaction Rating: 890

Financial strength: A++

6. Liberty Mutual

Market Share: 4.9%

Direct premiums written: $13.7 billion

Shopping experience rating: 865

Claims Satisfaction Rating: 870

Financial strength: A

7. Farmers

Market share: 4.6%

Direct premiums written: $12.6 billion

Shopping experience rating: 846

Claims Satisfaction Rating: 882

Financial strength: A

8. Travelers

Market Share: 2.1%

Direct premiums written: $5.8 billion

Shopping experience rating: 848

Customer satisfaction rating: 854

Financial strength: A++

9.  American Family

Market Share: 2.1%

Direct premiums written: $5.8 billion

Shopping experience rating: 867

Claims Satisfaction Rating: 874

Financial strength: A

10. Nationwide

Market Share: 2%

Direct premiums written: $5.5 billion

Shopping Experience Rating: 861

Claims Satisfaction Rating: 868

Financial strength: A+