Many Americans search for the largest US auto insurance companies because they are curious, or would rather spend their money with a big player in the insurance game. Larger auto insurance companies can at times offer cheaper rates due to more diverse product offering and better management.
Top 5 Car Insurance Companies
Here are the top auto insurers:
- 1. State Farm Mutual Group
- 2. Allstate Insurance Co. Group
- 3. Progressive Casualty Insurance
- 4. National Indemnity Co. Group (Berkshire Hathaway)
- 5. Farmers Insurance Group
These mega insurers own about half of the US insurance market. Other large US insurance companies include:
- Nationwide Group
- USAA
- American International Group
- Liberty Mutual
- American Family Insurance
Source [Q&A]
