Based on figures from the National Association of Insurance Commissioners ( NAIC ), here are the peak 10 lead car insurance providers in the US by market share :
1. State Farm
mastermind Written Premiums : $ 65.6 billion
market share : 9.27 %

submit farm is a group of policy and fiscal services firms owned by State Farm Mutual Automobile Insurance Company, a reciprocal insurance company based in Bloomington, Illinois. In 2019, it ranked 36th on the Fortune 500 list of largest companies .
State Farm provides property and casualty ( P & C ) policy, annuities, life and health indemnity, reciprocal funds, and bank products. It has around 59,000 employees and sells products through a 19,000-strong force of independent contractor single State farm agents .
2. GEICO
conduct Written Premiums : $ 46.1 billion
market partake : 6.51 %
The Government Employees Insurance Company ( GEICO ) is a Maryland-based car policy company. It is a wholly-owned subordinate of Berkshire Hathaway and offers coverage for over 20 million vehicles owned by more than 16 million policyholders .
GEICO employs over 40,000 associates, maintains more than 16 offices across the US, and provides 24/7 serve. Its indemnity products include fomite, property, occupation, travel, oversea, life, pet, jewelry, and identity protection .
3. Progressive Group
steer Written Premiums : $ 39.2 billion
marketplace partake : 5.54 %
The Progressive Group of Insurance Companies is known for its initiation in the personal car grocery store. It claims to be the third-largest car indemnity provider and the act one motorcycle/specialty RV insurance company in the US .
For over 80 years, Progressive has offered a wide range of policy products such as car, commercial car, motorcycle, boat, renters, home, and little occupation policies. It employs over 36,000 people, operates in all 50 states, and sells products through more than 30,000 independent insurance agencies across the nation .
4. Allstate
direct Written Premiums : $ 35 billion
market parcel : 4.95 %
Allstate is a personal lines P & C insurance company in the US founded in 1931 as separate of Sears, Roebuck & Co. Its indemnity products include car, home, property, condominium, renters, life, business, motorbike, boats, and other recreational vehicles. It besides offers fiscal products, such as college savings programs, annuity, and retirement plans .
In 2018, Allstate ranked 79th on the Fortune 500 list of largest united states corporations by sum tax income. It employs about 46,000 people and serves around 16 million households .
5. USAA
direct Written Premiums : $ 23.4 billion
market share : 3.32 %
USAA is a class of companies that provides insurance, investments, bank, retirement, and other fiscal products and services for former and current members of the US military and their families. It has more than 35,000 employees and over 13 million members .
USAA ’ s policy products are divided into four categories : car and vehicle, base and property, life and health, and extra policy .
Its car and vehicle insurance products provide coverage for car, motorcycle, motorhome, gravy boat, and classic cable car .
6. Farmers Insurance

steer Written Premiums : $ 20.6 billion
market share : 2.92 %
The Farmers Insurance Group of Companies provides coverage for vehicles, homes, individuals, pets, and small businesses and has a wide rate of other peculiarity policy and fiscal services products. It serves over 10 million households with more than 19 million individual insurance policies across all 50 states through 48,000 exclusive and freelancer agents and over 21,000 employees .
Farmers Insurance ’ second companies include Foremost Insurance Group, The Bristol West Insurance Group, The twenty-first Century Insurance Group, Farmers New World Life Insurance Company, Farmers Financial Solutions, and Toggle .
7. The Hartford
direct Written Premiums : $ 12.6 billion
market partake : 1.79 %
The Hartford Financial Services Group is an policy and investment company that specializes in life indemnity, automobile and homeowners insurance, and group and employee benefits. It besides offers investment products, annuities, college savings plans, and reciprocal funds .
The Hartford operates in commercial lines, P & C other operations, personal lines, Hartford funds, and group benefits .
The Hartford ’ s commercial lines business provides workers ’ recompense and coverage for car, place, liability, and umbrella under respective products within the company ’ sulfur standard commercial lines. Its personal lines segment offers car, homeowners, and home-based business policy products for individuals, and its P & C and other operations division comprises specific property and casualty operations .
8. American Family Insurance
conduct Written Premiums : $ 11.5 billion
market share : 1.63 %
American Family Insurance, besides known as AmFam, is a reciprocal policy caller that specializes in P & C and car policy. Its products and services are divided into three sections : vehicle policy, place and business, and added auspices .
AmFam ’ mho fomite policy section covers cars, motorcycles, classical cars, boats, RVs, ATVs, and snowmobiles. meanwhile, the property and business part provides coverage for renters, homes, condominiums, manufactures homes, farms, ranches, and businesses. The company besides offers life sentence, health, travel, umbrella, and identity larceny indemnity, deoxyadenosine monophosphate well as credit monitoring .
9. Erie Insurance
aim Written Premiums : $ 7.4 billion
commercialize share : 1.06 %
The Erie Insurance Group is a multi-line insurance company that provides car, home, life, and business policy through a network of over 12,000 independent insurance agents .
Erie employs more than 5,000 people and serves 12 states and the District of Columbia. It has over 5.8 million policies for car, home, and business insurance american samoa well as over 339,000 policies for life, annuity, and disability insurance .
It ranks on the Fortune 500 number of largest american companies based on tax income .
10. Amica Mutual Insurance
direct Written Premiums : $ 1.2 billion

marketplace parcel : 0.50 %
Amica Mutual Insurance is one of the oldest reciprocal insurers of automobiles in the US. It besides provides home, umbrella, and marine insurance .
Amica ’ randomness subsidiaries include Amica Life Insurance Company, Amica Property and Casualty Insurance Company, and Amica General Agency .

Leave a Reply

Your email address will not be published. Required fields are marked *