Top Car Insurance Companies

It is possible to get great rates from top auto insurance carriers. It may take a few minutes of your time but the savings you will receive within the coming a few years will make it worthwhile.

According to National Association of Insurance Commissioners (NAIC), here are the top 10 auto insurance companies in the USA; based on the premium received in 2014 for private car policies issued. Maybe it is easier to judge how big they are by looking at market share of each carrier. If you need the biggest company to set your mind at ease you can choose one of them.

1. State Farm

Premiums: $31,488,620,037
Market share: 18.62%

2. Allstate

Premiums: $17,451,278,899
Market share: 10.32%

3. Berkshire Hathaway (GEICO)

Premiums: $15,346,176,564
Market share: 9.07%

4. Progressive

Premiums: $13,423,204,913
Market share: 7.94%

5. Zurich Financial Services (Farmers Insurance)

Premiums: $9,972,073,872
Market share: 5.9%

6. USAA

Premiums: $7,778,763,692
Market share: 4.6%

7. Liberty Mutual

Premiums: $7,684,231,087
Market share: 4.54%

8. Nationwide

Premiums: $6,855,293,147
Market share: 4.05%

9. Travelers

Premiums: $3,526,738,412
Market share: 2.08%

10. American Family Insurance

Premiums: $3,042,992,183
Market share: 1.80%

There are many reasons why people choose an automobile insurer. If you are lucky you can get the best policy package, most reliable and efficient insurer and the best rate. If you do not take the time to shop around you are unlikely to bump into it by accident.