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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+

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