Who are the top 10 car insurance companies?

 

A lot of people ask the question “Who are the top car insurance companies” however the question is rather vague as one could define the top car insurance companies or even the best auto insurance companies different.
Do you mean the top 10 by customer service, by price or by market share?
Every year the Insurance Information Institute reports a number of statistics for the industry by factors such as market share but finding the best car insurance company is often a process left for consumers to define individually.

How do I find the best car insurance company?
First, you need to understand what is important to you. How relevant are items like online account management, the cost of premiums, speedy claims processing or a local agent to your individual needs?
Secondly, you should learn about car insurance. All car insurance policies are not created equally and education will be the strongest factor for helping you compare car insurance quotes. While car insurance company A may have better rates car insurance company B may have higher coverage. A lot of what makes a good car insurance policy is not just in the premiums but the fine details of the policy and without a clear understanding of auto insurance it will be difficult to find the best provider no matter how long you spend car insurance quote comparison.

Who are the top 10 car insurance companies by market share?
State Farm is the largest auto insurance company with over an 18% market share with Allstate and GEICO in the number two and three spots respectively. According to the Insurance Information Institute the top 10 car insurance companies by number of policies written in 2009 were:
Company (Market Share)

• State Farm  18.62%
• Allstate  10.50%
• Berkshire Hathaway Inc. (GEICO)  8.21%
• Progressive  7.46%
• Zurich Financial Services  6.36 %
• Nationwide Mutual  4.50%
• Liberty Mutual  4.36%
• USAA Insurance  4.11%
• Travelers  2.05%
• American Family Mutual  2.01%

How do I compare car insurance quotes?

All of the top car insurance companies listed above offer free auto insurance quotes so you should always start a car insurance comparison search online to gather the information you need to make an educated decision. We can help you get start car insurance quote comparison and teach you about car insurance discounts, types of auto insurance coverage and more in our Car Insurance 101 section. The more you understand about coverage the more ways you can save money on premiums.
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