Top 3 Largest Auto Insurance Company in USA

Which insurance companies are the biggest ?

In terms of market share and premiums written, State Farm is the largest auto insurance company in the country, followed by Geico, Progressive, and Allstate. The top auto insurance companies in the United States are recognizable due to their national television advertising campaigns.

1. State Farm

If you want a local agent, a personalized experience and lower-than-average rates, State Farm is a great choice. The largest auto insurance company in the United States, State Farm owns 16 percent of the market. State Farm receives more than 15% of all private passenger auto insurance premiums.

2. Geico

Geico offers cheap auto insurance. You can buy it from anywhere in the country. It has underwritten more than 16 million auto policies, which cover more than 24 million vehicles. Geico is well known for its ads featuring an animated gecko. Despite its size, the company employs more than 40,000 people throughout nine regional offices, three service centers, and three claims centers.

3. Progressive

Progressive is especially competitive with rates for drivers with accident histories. Its claims satisfaction ratings and coverage options, however, are below average. It was founded in 1937 – which makes it the third-largest insurance company in the nation. The company offers the ability to buy auto insurance in-person, online or by phone. Alternatively, customers can sign up through independent insurance agents.