Car Insurance Companies in USA

Cheap Car Insurance Companies List 2019

Looking for the best and cheap Car Insurance Companies for getting Insurance for Your Car. For this Purpose, we have created a List of Best and Top Car Insurance Companies in the United States. There are 10 Top Car Insurance Companies which controls more than 72% of the Market. These top 10 Car Insurance Companies have written a large number of Policies in the United States. To help You People we have Collected data about all these Insurance Companies. So, You can choose the best insurance company according to your needs. We will Also Discuss which Make these Companies Unique.

car insurance companies


Top Car Insurance Companies List


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

RankAuto Insurance CompanyPremiums WrtMarket Share
1State Farm$41.818%
2GEICO$29.613%
3Progressive$22.810%
4Allstate$21.49%
5USAA$13.26%
6Liberty Mutual$11.65%
7Farmers$10.44%
8Nationwide$7.33%
9Travelers$4.42%
10American Family$4.42%

So, this is the list of Top Car Insurance Companies in the United States. We can See that different Insurance Companies have different Value of Premium written and Market Share. This is the main focused reason which makes these companies Ranked top to Bottom Respectively.


State Farm


car insurance companiesState Farm is a mutual insurance company, meaning that it’s owned by its policyholders. State Farm is the largest auto insurance company in the U.S. and holds 18% of the total available market share. There are approximately 70,000 employees and has nearly 19,000 agents who are working with State Farm. In accordance with its large market share, State Farm’s latest annual report shows a net gain of over $1.7 billion.

Readout More About State Farm


GEICO


GEICO, well known for its animated gecko, has served as an underwriter to more than 16 million auto policies, which insure more than 24 million vehicles. There are more than 36,000 people across nine regional offices, three service centres and three claims centres who work for GEICO. GEICO’s original customer base consisted of U.S. government employees and military personnel. Today, the insurance company’s customer base has expanded to include people in the private sector.

Readout More About Geico


Progressive


Progressive is the third biggest insurance company in the country. The company offers the ability to purchase auto insurance directly, online or by phone. The company employs over 33,000 people and has over 400 offices. Progressive Holds 10% of Market Share of Auto Insurance Industry.

Readout More About Progressive


Allstate


Allstate is the second largest publicly traded property and casualty insurance company in America. Similar to State Farm. There are currently more than  79,000 people working for the company. Allstate Insurance Company holds 9% of Market Share of Auto Insurance Industry.

Readout More About Allstate


USAA


USAA was founded by 25 Army officers who decided to ensure each other’s vehicles in 1922. Today, the company serves millions of members associated with the U.S. military, including:

  • Current Military Members
  • Former Military Members
  • Family of Military Members
  • Cadets or Midshipmen

Headquarters of USAA are situated in San Antonio, Texas. The corporate campus’ length extends three-quarters of a mile. USAA is the largest private company located in San Antonio.

Readout More About USAA Insurance Company.


Liberty Mutual


Liberty Mutual is a 6th top insurance company in the U.S. 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 property and casualty, health and life insurance policies. The auto insurance services are a large part of Liberty Mutual’s business. Total 36% of their net written premiums are of auto Insurance.

Readout More About Liberty Mutual


Farmers


Farmers began its operations as an insurance company for providing coverage to rural farmers’ vehicles. Since then it is now the seventh largest insurance company in the country. It’s very difficult to find an insurance company that offers more products than Farmers to its customers. It offers basic auto insurance, pet insurance, and even investment products among a variety of other insurance products. There are nearly 21,000 people who are working for Farmers. Farmers have written over 19 million policies so far, across 50 states.

Readout More About Farmers


Nationwide


Nationwide, a Fortune 100 company, paid over $18 billion in claims and other benefits to members in 2017. The company does business across several verticals including financial services, commercial lines and personal lines in all 50 U.S. states. Nationwide has contributed over $430 million to nonprofit organizations since 2000.


Travelers


Travelers is more than 160 years old insurance company which is operating today. In fact, Travelers issued its first auto insurance policy in 1897, before the Ford Model-T was invented. The company has over 30,000 employees and 13,500 independent agents and brokers in multiple countries including the United States, Canada, and Brazil.

Readout More About Travelers


American Family


American Family was established to Provide Services to farmers. In the 1930s, the company expanded its Services and began to focus on ensuring non-farmers as well. Today, the company is one of the biggest insurance companies in the U.S. In a recent year, American Family paid out over $3 billion in home, auto and umbrella insurance claims.

Readout More About American Family


Cheap Car Insurance Companies List


Here is a List of Cheap Car Insurance Companies with their Average Selling Prices which they Provide to their customers.

CompanyAvg Annual Rate
USAA$2,537.30
Geico$3,215.01
State Farm$3,260.00
American Family$3,443.09
Nationwide$3,450.00
Progressive$4,035.52
Farmers$4,194.27
Travelers$4,434.91
Allstate$4,887.95

So this was all The Information we have Collected from different Sources for you People. We hope that You will feel easy to Find Best and Cheap Auto Insurance Company to get Ensure your Vehicle. All these Car Insurance Companies have Millions of Satisfied Customers in the different State of America. Some of these companies also Provide their services to International Customers.

So, Choose one of the best Car Insurance companies in the USA and Ensure your vehicle before it’s getting too late.

How useful was this post?

Click on a star to rate it!

Average rating / 5. Vote count:

Close