Business Insurance Companies in USA

List of Top Business Insurance Companies in the USA

Running Your Business is a challenge related to many operational losses and financial risks. After Running a Successful Business it’s too hard to find one of the Best Bussiness Insurance Companies that offer coverage that helps large enterprises and small business and manages that risk.

So, In this Article, We will Show you the Best Business Insurance Companies in the USA.  These Business Insurance Companies are Providing the best Services to their Happy Customers for too Many Years. These Business Insurance Companies Manages the Risks which their Customers faced in their Business. After Reading this Article We Promise that you will be able to Choose the best Company to Ensure your Business and Secure it from Risks.

We have Collected these Companies from huge Research from different Sources. These best business insurance companies offer basic policies, such as general liability, and a broad range of additional coverages that business owners may need. We reviewed a number of Companies and listed them respectively based on key criteria like coverage types, customer service, and pricing

.Business Insurance Companies


Business Insurance Companies List


Note: This List has been Created According to Market Share of a Company in the USA

CompanyMarket Share
American International Group (AIG)5.8%
Chubb5.7%
Travelers5.6%
Liberty Mutual4.7%
Zurich Insurance Group4.6%
CNA Financial Group3.2%
Nationwide2.9%
Hartford2.6%
Berkshire Hathaway2.4%
Tokio Marine Group2.0%

Brief Details about Business Insurance Companies


As we have Saw the figures of Market Share of All Top Business Insurance Companies. Now we will look at Some details about these Insurance provider companies Respectively.


American International Group


American International Group is one of the Top Business Insurance Companies in the USA. They Claim 5.8% of the market share in the USA. AIG also offers its Policy Coverage Internationally. They have more than 90 Million Clients in More than 100 Countries World Wide. AIG firstly started its business in Chin in 1919. It was launched by Cornelius Vander Starr and Started their Business as Insurance Policy Provider.

The Reason of Putting American International Group at 1st Position in the list of top Business Insurance Companies is that they have a Large Number of Market Share. By this, they are Serving a Large Number of Policies to their customers in the World.


Chubb


Chubb Limited was founded in 1822 by Thomas Caldecot Chubb and Percy in New York. The Main Purpose of founding the Chubb was to Ensure Ships and Cargoes. After Some time, Chubb Expended its Business and Started offering Coverage Internationally. Today they are offering Coverage to More than 54 Countries World Wide.

They are offering both Commercial and Personal Insurance Products to their Customers. In 2016, ACE purchased Chubb and Recognized by Private Asset Management as the Highest Net Worth Insurance Company. The figures of the Market Share Shows that there are also a huge number of Customers who are using their Products.

Read More About Chubb Limited


Travelers


Travelers are the 3rd Largest Business Insurance Provider Company in the USA. They use independent Agents and brokers to distribute their Products. Travelers is more than 160 years old insurance company which is operating today and Serving People by Providing insurance. Travelers are Also International Policy Providers. They have over 30,000 employees and 14,000 independent agents and brokers in multiple countries including the United States, Canada, and Brazil.

Read More about Travelers.


Liberty Mutual


Liberty Mutual is a 4th top Business insurance company in the United States and has been around for over 100 years. Liberty Mutual also has a large international presence. Liberty Mutual operates in 17 countries Internationally. The international company sales auto, property, casualty, health and life insurance policies.

Read More about Liberty Mutual


Zurich Insurance Group


Zurich Insurance Group is the 5th Top Business Insurance Provider. They have headquarters in Switzerland, Hong Kong, and Illinois along with the United States. Zurich has 54000 employees and provides insurance products in over 200 countries.


CNA Financial Group


CNA Financial Group is at Sixth Position in the list with 3.2% market share. CNA Financial Group has its offices in the United States, Canada, and Europe, CNA has Providing its services to business owners since 1897.\

CNA focuses solely on commercial insurance and is the market leader for professional liability, also called errors and omissions insurance. The company makes a professional liability endorsement available on its BOP for 16 business classes. The majority of other small businesses can get similar affordable liability coverage through its standalone policy.


Nationwide


Nationwide, a Fortune 100 company was founded in 1926, 93 years ago as Farm Bureau Mutual Automobile Insurance Company. The Headquarters of Nationwide is situated in One Nationwide Plaza Columbus, Ohio,  U.S. In  1955 they officially Changed Name to Nationwide. Today Nationwide has more than $158 billion in statutory assets and offers personal and commercial insurance products.

Read More About Nationwide Insurance Company


Hartford Financial Services


Hartford Financial Services were started in 1810  as a fire insurance company. The Headquarter of Hartford Financial Services is situated in Hartford. The Financial Services have ensured more than 1 million small businesses. They have been named nine years in a row as one of the world’s most ethical companies and a recipient of the Ethisphere award.


Berkshire Hathaway


Berkshire Hathaway is Owned by the infamous Warren Buffet. Berkshire Hathaway Inc. wasn’t always a household name. The company was originally eight separate personal lines insurance companies located across the United States. Today there are six total Berkshire insurance companies.

Read More About Berkshire Hathaway


Tokio Marine Group


Tokio Marine Group is the 10th Ranked Insurance Provider in the List of Business Insurance Companies in the USA. Tokio Marine Holds a total of 2% market share. The Company was Founded in 1879, Tokio Marine Group is the first Japan non-life insurance company. Since then, they have expanded to include life insurance, offer commercial insurance products and strive to be a Good Company.


List of Some More Best Business Insurance Companies in the USA


As we Promised You to Provide Best Information about Business Insurance Companies. We have Collected the List of top Business Insurance Companies which is continued. Let’s have to take a look at List of Business Insurance Companies.


Hiscox


Hiscox is a specialized insurance company for small businesses, The Company offering a wide range of coverage types for a diverse set of industries. Hiscox particularly stands out in insurance policies for businesses run out of the home. The company tailors its policies by reducing coverage in your BOP to match the reduced risk.

General liability policy from Hiscox averages about $30 for most small businesses, and you can bundle property coverage into a BOP that starts at just $42 per month.


Farmers Insurance


Farmers Insurance Group (informally Farmers) is an American insurer group of automobiles, homes and small businesses and also provides other insurance and financial services products. Farmers Insurance has more than 48,000 agents and approx. 21,000 employees. Farmers was founded in 1928, 91 years ago Los Angeles California, U.S. by John C. Tyler and Thomas E. Leavey. Headquarters of Farmers are Situated in 6301 Owensmouth Avenue Woodland Hills, California, U.S.

Farmers Insurance is one of the Best Business Insurance Companies and it is also 9th Ranked Insurance Company in Our List of Insurance Companies in the USA.

Read More about Farmers Insurance 


The Hanover


The Hanover is also added in the list of Business Insurance companies. The Company Provides Services to the small and medium-sized businesses. It also offers coverage to over 500 business types in 12 industries. The Hanover mostly Provides coverage to Technology Industries. A small Technology firm can get an errors & omissions policy geared towards them for a minimum premium of between $600 – $1,000. Other small businesses see minimums of between $150 and $2,000.


Allstate


Allstate Corporation is one of the largest insurance providers in the United States. Allstate was founded 87 years ago on April 17, 1931. In 1967 the company was moved to its new headquarters in Northfield Township, Illinois, near Northbrook.

Read More About Allstate Insurance Company


State Farm


State Farm is the largest casualty and property insurance provider in the United States. It is also the largest auto insurance provider in the United States which was founded on June 7, 1922 (96 years ago) by George J. Mecherle and the headquarters of State Farm is in Blooming-ton, Illinois, United States.

Read More About State Farm 


Progressive


Progressive Corporation is the 5th Largest Insurance Company in the United States. Progressive Corporation is the Largest Providers of Car Insurance in America. Progressive Corporation was founded on March 10, 1937, 82 years ago by Jack Green and Joseph M. Lewis, and is headquartered in Mayfield Village, Ohio.

Read More About Progressive


Conclusion


In our Research for the best business insurance companies. We looked for key qualities including specialization of insurance packaging, nationwide availability, competitive pricing and favourable reviews. By keeping in mind, all these qualities we have made the list of Best business insurance companies. When choosing a provider for your small business, be sure that it is knowledgeable about your industry and how to best protect against your primary risks. Good Luck for Your Future in Business.

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