Best Car Insurance USA: Top 10 Car Insurance Companies in the USA
Best Car Insurance USA 2026 : To help clients find the best coverage and meet industry best practices, brokers need comprehensive product knowledge, adapt to industry changes, and deliver client-centric service. These practices help insurance professionals stand out, obtain clients, retain clients, and provide excellent service.
Knowing about the top 10 car insurance companies in the USA is essential for brokers and consumers to help find the best coverage. This guide provides relevant information on the biggest car insurance providers in the US based on market share.
What are the Top 10 Car Insurance Providers in the USA?
The following are the 10 largest car insurance companies in the US based on market share data.
1. State Farm Group
Market share: 25.66%
State Farm Group holds more than a quarter of the total car insurance market. The company was established in 1922 in Bloomington, Illinois by George Jacob Mecherle. Initially, State Farm Mutual Automobile Insurance Company focused on coverage for farmers before expanding operations and offering policies to other clients.
Today, State Farm services over 91 million accounts and policies and is the largest property and casualty insurance provider in the US.
Popular State Farm car insurance products
- Collision coverage
- Comprehensive coverage
- Liability coverage
- Uninsured and underinsured liability insurance
- Medical payments coverage
- Rideshare insurance
- Commercial auto insurance
State Farm also provides coverage for motorcycles, motor homes, boats, off-road vehicles, classic and antique cars, and rideshare vehicles. The company offers affordable insurance and incentives through discounts and safe driving programs.
2. Progressive Group
Market share: 6.18%
Progressive Group was founded in 1937 by Joseph Lewis and Jack Green. The company focuses on developing innovative approaches to car insurance and was the first to use telematics insurance through its Snapshot program.
Popular Progressive car insurance products
- Liability coverage
- Comprehensive coverage
- Collision coverage
- Uninsured and underinsured coverage
- Medical payments and personal injury protection
- Gap insurance
- Custom parts and equipment coverage
Progressive specializes in high-risk auto insurance and offers personal and commercial insurance products.
3. United Services Automobile Association (USAA)
Market share: 4.46%
USAA was founded in 1922 in San Antonio, Texas and provides insurance and banking services exclusively to military members, veterans, and their families.
Popular USAA car insurance products
- Collision coverage
- Liability coverage
- Uninsured and underinsured motorist coverage
- Roadside assistance
Bundling insurance and banking services provides competitive rates and convenience for members.
4. Berkshire Hathaway Group
Market share: 4.35%
Berkshire Hathaway Group provides auto insurance through subsidiaries including GEICO, National Indemnity Company, and Berkshire Hathaway Homestate Companies. These companies offer commercial and personal auto insurance products.
5. Liberty Mutual Group
Market share: 4.28%
Liberty Mutual provides insurance products and financial services globally and offers liability coverage, comprehensive coverage, collision insurance, and optional coverages including accident forgiveness and rental reimbursement.
6. Allstate Insurance Group
Market share: 3.93%
Allstate Insurance provides personal auto insurance and homeowners insurance. Coverage includes liability, collision, comprehensive, accident forgiveness, gap insurance, and rental reimbursement coverage.
7. Travelers Group
Market share: 3.9%
Travelers provides auto insurance including liability, comprehensive, collision, personal injury protection, gap insurance, roadside assistance, and rental reimbursement coverage.
8. Chubb Ltd. Group
Market share: 3.56%
Chubb provides car insurance with coverage including liability, collision, comprehensive insurance, OEM parts replacement, worldwide rental coverage, and guaranteed value coverage.
9. Farmers Insurance Group
Market share: 2.94%
Farmers Insurance provides liability, collision, comprehensive insurance, rideshare coverage, safe driving programs, and custom equipment coverage.
10. American Family Insurance Group
Market share: 2.1%
American Family Insurance provides collision, liability, comprehensive insurance, roadside assistance, accident forgiveness, gap insurance, and new car replacement protection.
Choosing the Best Car Insurance USA
When choosing car insurance, consumers and brokers should examine financial stability, premium costs, discounts, customer service ratings, claims satisfaction, digital tools, and coverage options. Considering budget and financial objectives helps consumers make informed insurance decisions.
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