5 Biggest Car Insurance Companies



 Buying an auto insurance policy can sometimes be a daunting process. That's why we researched the 10 largest auto insurance companies in the United States to see which one fits your needs. We review some of the best auto insurance companies in terms of cost, coverage, customer satisfaction, and more.

To start collecting and comparing offers, use this tool or call our team at the phone numbers below to learn more about this insurance group.

What are the 5 Biggest Car Insurance Companies?
Drivers have many options when shopping for car insurance. While there are plenty of local agencies nearby, many people prefer to work with big, more familiar national brands. This insurance company offers a variety of coverage options to suit your needs and protect you and your passengers while on the road.

Looking at the largest auto insurance companies can help you determine who has the best reputation with customers across the country. According to the National Association of Insurance Commissioners (NAIC), here are the 5 largest auto insurance companies in the country:

The top five insurance companies control about 57 percent of the auto insurance industry. These car insurance companies are:

State Agricultural Insurance
Geico Insurance
Progressive Insurance
Allstate Insurance
USAA Insurance
Who is the number one insurance company?

State Farm came out as the nation's largest auto insurance company, writing over $40.9 billion in private passenger car premiums in 2019.

 

These are the 10 Biggest Car Insurance Companies
We'll take a closer look at the 5 largest auto insurance companies in the US to see what they have to offer and how they rank in national studies. Feel free to check out our full reviews of each insurance carrier as well.

State Farm Insurance logo

#1 State Farm Insurance

State Farm is the largest auto insurance company in the country. It is a great choice for drivers seeking personal care from their dedicated local agency. The company has a reputation for above-average customer service and a good financial reputation after earning an A++ rating in AM Best.

State Farm offers rates that are among the lowest in the country for a wide range of coverage. You can get standard liability coverage, as well as extras like roadside assistance, rental coverage, and more. Save money by taking advantage of State Farm discounts for good students, good drivers, students away from home, multiple vehicles at your discretion, and safe driving.

Our first choice for families with students, State Farm also provides two safe driving apps and a mobile app for drivers to manage their car insurance policies.

 

Geico Insurance logo

#2 Geico Insurance (Berkshire Hathaway Group)

The second among the largest auto insurance companies is Geico. Above average customer service with an A+ rating from AM Best , from our research this money-saving insurance provider gets a 4.5 star rating. Can expect to pay around $295 on a six-month policy for a single driver with no accidents or tickets

In addition to comprehensive coverage and standard coverage, it also offers usage-based coverage, coverage for alternative vehicles, accident pardon, and more. Affordable car insurance rates are accessible to drivers, even if they are teenage drivers or high-risk drivers.

Check out Geico's extensive discounts to add multiple vehicles to your policy, combine multiple policies, and become a safe driver. When you have certain safety features installed in your car, you can also save money. Geico provides drivers with voice assistance with Amazon Alexa and access to highly rated mobile apps.

 

Progressive Insurance logo

#3 Progressive Insurance

Progressive is renowned for its 4.5 rating helped by a reputation for transparency. Several auto insurance companies directly on their sites have provided online tools that allow you to compare offers. A+ from AM Best is obtained by companies with average satisfaction ratings.

Progressive can provide accident forgiveness for drivers. And customers can purchase standard insurance, as well as car rental reimbursement, usage-based coverage, and specialty parts and equipment insurance.

Drivers can pay around $77 per month for single drivers who have a clean driving record. Progressive has higher rates than other insurance providers but that is offset by discounts you can qualify for. Ways you can save money are by combining policies, adding multiple policy vehicles, and driving safely, as well as being a student, military member, or homeowner.

 

Allstate Insurance logo

#4 Allstate Insurance

As the fourth largest auto insurance company, Allstate promotes the attention it pays to every insured driver, putting them "in good hands."
with an A+ score of AM Best average customer service rating, after in-depth research, the company obtained a 4.0 star rating.Allstate provides car insurance for various needs such as roadside assistance, accident pardon, usage-based insurance, alternative vehicle insurance, and new car replacements.

Allstate is a great option for young drivers and if you have bad credit. An auto insurance policy for a single driver with a clean driving record will be around $156 per month depending on location.
Offers discounts for insuring multiple vehicles, has safety features installed in your car. Drivers also have access to a user-friendly helpful mobile app.

 

USAA Insurance logo

#5 USAA Insurance

Not only is USAA one of the largest auto insurance companies in the US, USAA also offers the best rates, if you qualify for coverage. USAA is highly rated, but only available to drivers who are members of the military, veterans, or family members of the military. In terms of satisfaction score, USAA has an excellent customer service rating and an A++ score from AM Best. It also gets a high score from JD Power.

This insurance company provides full coverage options, including benefits such as accident forgiveness and new car replacement. The USAA will even cover alternative vehicles such as motorcycles, boats, and RVs. It offers a great price if you have bad credit or a bad driving record. Car insurance costs an average of $70 per month for a six-month policy with one driver, one vehicle, and a clean driving record.

USAA has many discounts that drivers can qualify for, including discounts on multiple vehicles, bundling policies, new driver safety, students with good grades, and more. It has easy-to-use online tools and a mobile app where you can make payments, make claims, or access your insurance card.

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