Owner, Best Health And Car Insurance Rates - Instant Online Quotes, US
Currently, the largest US auto insurance company is State Farm, assuming we use written premiums as the criteria. State Farm has offices throughout the US.
Following State Farm is Warren Buffet's Berkshire Hathaway (Geico and other companies), Allstate, Progressive, Farmers and USAA.
Of course, these rankings change fairly often. In fact, Berkshire just recently passed Allstate for the Number 2 position.
Many local companies in your area may not be the biggest carriers, but still write a lot of local business.
LIVE answer provided by: Ed Harris - Premier car insurance broker since 1980 and owner of several top-rated websites that offer the lowest available rates.
Great question! There are 5 companies that normally insure about half the market, the number one company being /state Farm. The rest of the top 5 will change around periodically, but they are Allstate, Progressive, Warren Buffets insurance conglomerate ( Geico and others),and Farmers. There are several other smaller companies that have a large amount of business , but these are the biggest. Thanks for asking!
Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
While the listing of largest insurance companies is accurate, at least on the day it was released, it avoids the most important consideration and that is, “where are you located.” Sometimes regional companies dominate local markets and are seen as the premier companies to trust. Your state may have legislation or regulatory issues that make some of the large players reluctant to go after business in your state. Many companies left California about twenty years ago because of a change in the state constitution.
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Following State Farm is Warren Buffet's Berkshire Hathaway (Geico and other companies), Allstate, Progressive, Farmers and USAA.
Of course, these rankings change fairly often. In fact, Berkshire just recently passed Allstate for the Number 2 position.
Many local companies in your area may not be the biggest carriers, but still write a lot of local business.
LIVE answer provided by: Ed Harris - Premier car insurance broker since 1980 and owner of several top-rated websites that offer the lowest available rates.