The largest insurers of private passenger vehicles in the USA, in order by US market share, are State Farm, GEICO, Allstate, Progressive, and Farmers Insurance Group. However, the top five companies will vary by state. For example, American Family Insurance is the company with the largest auto insurance market share in Wisconsin. Each state's auto insurance market is unique. The top five companies in terms of US auto insurance market share are large national companies available in most US states. However, regional insurance companies often have large market share in certain states, like Commerce Insurance in Massachusetts. So, the important auto insurance companies will depend on where you live.
The companies with the largest market shares do not necessarily make them the best companies for you. Progressive & GEICO continue to have large gains in market share over recent years, which may be a sign they have lower rates than competitors.
Some of the best companies can be smaller regional companies. For example, companies like Erie & Auto-owners usually score higher than many other companies in annual JD Power auto customer satisfaction & auto claims satisfaction studies.
The best thing you can do is read reviews & check the ratings of all the major auto insurance companies in your state, and compare their coverage, service, and rates. People really can find a better auto insurance company with much lower rates, if they shop with enough companies.
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The companies with the largest market shares do not necessarily make them the best companies for you. Progressive & GEICO continue to have large gains in market share over recent years, which may be a sign they have lower rates than competitors.
Some of the best companies can be smaller regional companies. For example, companies like Erie & Auto-owners usually score higher than many other companies in annual JD Power auto customer satisfaction & auto claims satisfaction studies.
The best thing you can do is read reviews & check the ratings of all the major auto insurance companies in your state, and compare their coverage, service, and rates. People really can find a better auto insurance company with much lower rates, if they shop with enough companies.