List of auto insurance companies

Best Auto Insurance Companies
Choosing an auto insurance company is a huge financial decision we all have to make at some time or another. If you’re fortunate enough to sign on with a reputable, helping company, then you’re in luck. Selecting a good auto insurance company gives you peace of mind, so if you are in accident, you know you are in good hands. You want to be able to know that if you make a claim, you won’t have to worry that it won’t be accepted. You don’t want to find out too late that your car insurance company isn’t reliable.

Unfortunately, not everyone is so lucky. Far too often people will get car insurance without doing research on the company they choose to work with. They just go with the cheapest, the most convenient, or even go through a friend… only to find out that they should have done their research.

Consumer Reports Auto Insurance Company Survey
So, what makes for the best auto insurance company? There is no single answer to this – and in reality, an insurer that is great for one driver may not be so great for another. A recent survey by Consumer Reports was distributed to a total of 28,241 auto insurance customers and ranked twenty-two insurers according to two major criteria:Best Auto Insurance Companies

How quickly claims were paid, and
Any problems with the claims process
These auto insurance company ratings were scored on a scale of 1 to 100. There were some interesting facts that came to light; first, every one of the twenty-two companies surveyed scored in the top 20 percent. Secondly, the best auto insurance companies according to consumers who returned the survey are ones that you may not have heard of.

Another interesting – and disturbing – fact was that even among these top-rated insurers, between 10 and 26% of all respondents reported having problems receiving payment on claims. In some cases, these insurance customers wound up waiting for two weeks before receiving a claims check.

Who Came In First
The Consumer Reports survey was distributed to auto insurance customers who had filed claims during an eighteen-month period between January 2006 and July 2009. Eight-six percent of respondents were “highly satisfied” with the way their claims were handled. The highest auto insurance company ratings – those that scored in the top eight percent – were New Jersey Manufacturers Insurance, Arbella and Auto-Owners Insurance Group.

Keep in mind that these companies may not offer policies in all states, or may have strict eligibility rules that prevent some people from signing up.

Watch Out
As 19th-century philosopher John Ruskin reportedly said, “There is scarcely anything in the world that some man cannot make a little worse, and sell a little more cheaply. The person who buys on price alone is this man’s lawful prey.” This is the caveat from Consumer Reports, which issued the following warning in its report, published in the current (October 2010) issue:

“Saving is not only a matter of finding the lowest premium. An insurer can charge less in premiums but cost you more overall by lowballing loss estimates, hassling the repair shop to cut corners, and forcing you to pay extra for the manufacturer’s replacement parts if you choose them over cheaper knockoffs. It can also unfairly jack up your premiums after an accident.”

What To Look For In An Insurance Company
Working with some auto insurance companies can turn out to be a real life nightmare. After an accident, when you need your auto insurance the most, they aren’t there for you. They make it a hassle to do something as simple as file a claim, and their customer service is absolutely terrible.

You’re paying a lot of money for your auto insurance, and you deserve nothing short of the best. Finding a great auto insurance company isn’t always easy, but it is possible. When searching for your next insurance provider, make sure to find a company with strong customer satisfaction ratings, good customer service, extensive coverage options and types, strong financial ratings, and most importantly, affordable coverage.

Get Insurance Quotes From A Reputable Source
The Internet has made it easy to get dozens of auto insurance quotes in just a few minutes, but not all companies let you choose from the best of the best in auto insurance.

4AutoInsuranceQuote.com is different. We don’t just recommend any auto insurance company to you, we recommend the best auto insurance companies in the industry. By using our quote comparison tool, you will be given insurance rates from the best insurance companies, including the ones listed in our top 10 list below.

Our Top 10 Best Car Insurance Companies List
The following ten auto insurance companies have been chosen for a number of different reasons, but they do have a few things in common. The customer services is top-notch, the rates are low, and they have insanely high customer satisfaction rates. While it may be slightly different than the consumer reports list mentioned above, the factors and values we considered when ranking these companies are very much the same.

Geico
This company is much more than geckos with funny accents and disgruntled cavemen. Their customer service is second to none, and their large customer base makes it possible for them to charge low premiums. (Read more about Geico here)

Allstate
As there slogan says, with Allstate “you’re in good hands”, and that is the honest truth. Their customers love them, so there’s a pretty good chance you will too. Allstate was one of the first to offer accident forgiveness, and they continue to add new features that change the way we’re used to paying for auto insurance. (Read more about Allstate here)

State Farm
State Farm is another auto insurance provider that is sure to please. They have grown to become the largest insurance provider in North America. Claims agents are always super-friendly, and they provide you with a lot of coverage for not much money. (Read more about State Farm here)

Esurance
Like the others, you are probably familiar with Esurance’s clever TV ads. Esurance offers more than hot cartoon girls though. With 24/7 support and friendly agents, Esurance’s customer service is hard to beat. Their prices are top notch too! (Read more about Esurance here)

Arbella
Arbella doesn’t spend on Superbowl ads or flashy commericals, they let their work speak for itself. Arbella thrives on referrals and word-of-mouth. The customers love Arbella, with good reason too. No hassles on claims seems to be their most popular feature.

American Family Auto Insurance
Although smaller than the other companies on our list, American Family aims to please. They pay claims promptly and get high reviews from all major publications. Unfortunately, they are only available in 19 states. If you are lucky enough to be in a state that has American Family insurance, you might want to give them a try. (Read more about American Family here)

Liberty Mutual
An old, conservative insurance company, Liberty Mutual prides itself on reputation. They are personal, competitively priced, and have short wait times when it comes to claims. (Read more about Liberty Mutual here)

Progressive
Progressive is another company you might recognize from TV. Getting started with them is simple and easy (and cheap too). Dealing with Progressive is incredibly stress free. You will never have a problem with a claim. (Read more about Progressive here)

AAA
Triple A is more than just roadside assistance and travel accommodations. Their auto insurance is also top notch. If you get into an accident, they will be by your side every step of the way. (Read more about AAA here)

Farmers
You’ve seen their “We are farmers!” ads on TV. They are known for their great auto and home insurance coverage options. If you are thinking about combining policies, give Farmers a shot. They have many highly customizable insurance options. (Read more about Farmers here)

Things To Remember…
The lowest car insurance is not always the best. Compare auto insurance companies carefully when shopping around; information on insurance companies’ handling of claims and how they set rates are public record and generally not difficult to find.

Many people who have particular auto insurance needs may be better served by going to an independent car insurance agency rather than a single company, since these agencies represent several different insurers and can usually get you the best coverage for your unique situation.

Although the list above may be of our favorites, there are too many providers that are deserving of the recognition to list in a single article. You can get a quote from many different auto insurance companies by entering your zip code above. After customizing your policy we’ll connect you with an agent who will give you price quotes from all of the top insurance providers.
The auto insurance market in the U.S. is dominated by a few key players. In fact, the top ten auto insurance companies control more than 70% of the market. While the top ten insurance companies underwrite a large number of policies, they have very distinct characteristics. To help you choose the best insurance company for your situation, we created a list of the top ten largest auto insurance companies in the U.S. and discuss what makes each of them unique.
What are the Biggest Auto Insurance Companies?
When looking at the rankings of the top auto insurance companies in the United States, most of the names are recognizable due to their national television advertising campaigns. The top ten insurance companies offer varied insurance rates, customer claims experience and features. We discuss the top ten biggest auto insurance companies in the U.S. and what you should know about each of them below:

Market Share of the Largest Auto Insurance Companies
1. State Farm
State Farm operates as a mutual insurance company, meaning that it’s owned by its policyholders. State Farm is the largest auto insurance company in the U.S. and possesses 18% of the total available market share. Nearly one in five dollars spent on private passenger auto premiums in the U.S. is paid to State Farm. The company currently employs approximately 70,000 employees and has nearly 19,000 agents. In accordance with its large market share, State Farm’s latest annual report shows a net gain of over $1.7 billion.

Our Thoughts: State Farm is a great auto insurance company for anyone who wants a local agent and a personalized insurance experience. However, State Farm doesn’t typically offer drivers the most competitive rates. If you want or need a curated experience, and are willing to pay for it, State Farm is a great choice.

Read our full State Farm review.
3 out of 5 rating from J.D. Power for overall satisfaction.
2. GEICO
GEICO, well known for its animated gecko, has served as an underwriter to more than 16 million auto policies, which insure more than 24 million vehicles. The company’s size allows it to employ more than 36,000 people across nine regional offices, three service centers and three claims centers. GEICO’s original customer base consisted of U.S. government employees and military personnel. Today, the insurance company’s customer base has expanded to include people in the private sector.

Our Thoughts: We consider GEICO to be one of the best auto insurance companies. GEICO offers low rates, national availability and an easy shopping experience. If you’ve had a prior accident, however, you’ll likely receive unfavorable rates from GEICO.

Read our full GEICO review.
4 out of 5 rating from J.D. Power for overall satisfaction.
3. Progressive
Progressive—the third biggest insurance company in the country—was established in 1937. The company offers the ability to purchase auto insurance directly, online or by phone. Alternatively, customers can sign up through independent insurance agents. The company employs over 33,000 people and has over 400 offices. Progressive is a publicly traded company.

Our Thoughts: Progressive offers highly competitive rates to drivers with previous accidents. However, claims satisfaction ratings and coverage options are average at best. Due to this, we recommend for prospective Progressive customers to shop around and compare rates before signing up for coverage.

Read our full Progressive review.
3 out of 5 rating from J.D. Power for overall satisfaction.
4. Allstate
Established in 1931, Allstate is the second largest publicly traded property and casualty insurance company in America. Similar to State Farm, Allstate has a roster of local agents ready to serve your needs. The company currently employs over 79,000 people. Esurance, a subsidiary of Allstate, operates in the same space. According to Allstate, the Esurance brand is targeted towards self-directed and brand-sensitive customers while Allstate is geared for customers who enjoy local and personal service.

Our Thoughts: We consider Allstate to be a middle-of-the-road insurance company due to its high rates and average claims satisfaction ratings. Allstate’s redeeming factors are the wide variety of discounts that it makes available to its customers.

Read our full Allstate review.
3 out of 5 rating from J.D. Power for overall satisfaction.
5. USAA
USAA was founded by 25 Army officers who decided to insure each other’s vehicles in 1922. Today, the company serves millions of members associated with the U.S. military, including:

Current Military Members
Former Military Members
Family of Military Members
Cadets or Midshipmen
USAA is headquartered in San Antonio, Texas. The corporate campus’ length extends three-quarters of a mile. USAA is the largest private company located in San Antonio.

Our Thoughts: USAA is one of the best auto insurance companies in the country. If you meet their qualification criteria, you’ll enjoy competitive rates, great customer service and speedy claims responses. The only downside of USAA is its restricted membership.

Read our full USAA review.
5 out of 5 rating from J.D. Power for overall satisfaction.
6. Liberty Mutual
Liberty Mutual is one of the top insurance companies in the U.S. and has been around for over 100 years. Liberty Mutual also has large international presence—with operations in 17 countries. The international companies sell property and casualty, health and life insurance policies. The auto insurance industry is a large part of Liberty Mutual’s business, representing 36% of their net written premium from insurance as of their latest annual report.

Our Thoughts: Liberty Mutual is a mediocre insurance company. The competitiveness of Liberty Mutual’s car insurance rates will depend on your geographic location. While this is often true with most insurers, Liberty Mutual’s rates vary more than typical. In addition, Liberty Mutual’s customers rank the insurance company’s claims satisfaction process as below average.

Read our full Liberty Mutual review.
2 out of 5 rating from J.D. Power for overall satisfaction.
7. Farmers
Farmers began as an insurance company providing coverage to rural farmers’ vehicles. Since then it has evolved to become the seventh largest insurance company in the country. It’s hard to find an insurance company that offers more products than Farmers. It offers basic auto insurance, pet insurance, and even investment products among a variety of other insurance products. Farmers employs nearly 21,000 people, which allow it to underwrite over 19 million policies across 50 states.

Our Thoughts: Farmers offers decent discounts, coverage options and great customer service. Ultimately, Farmers’ non-competitive rates hold it back from becoming a great auto insurance company.

Read our full Farmers review.
3 out of 5 rating from J.D. Power for overall satisfaction.
8. Nationwide
Nationwide, a Fortune 100 company, paid over $18 billion in claims and other benefits to members in 2017. The company does business across several verticals—including financial services, commercial lines and personal lines—in all 50 U.S. states. Nationwide has contributed over $430 million to nonprofit organizations since 2000.

Our Thoughts: Despite Nationwide not being the most affordable insurance company, its customer reviews tend to be positive. The company offers customers the standard coverage and discounts that you’d expect from a large national insurance company.

Read our full Nationwide review.
3 out of 5 rating from J.D. Power for overall satisfaction.
9. Travelers
Travelers is more than 160 years old, making it one of the oldest insurance companies operating today. In fact, Travelers issued its first auto insurance policy in 1897, before the Ford Model-T was invented. The company has over 30,000 employees and 13,500 independent agents and brokers in multiple countries—including the United States, Canada, and Brazil.

Our Thoughts: Low complaint ratings and competitive rates make Travelers an excellent choice for auto insurance coverage. In particular, Travelers offers great rates for families with clean driving histories. However, drivers with previous accidents and violations should steer clear as Travelers’ rates rise significantly with an accident on record.

Read our full Travelers review.
3 out of 5 rating from J.D. Power for overall satisfaction.
10. American Family
American Family was established with the initial goal of insuring farmers. In the 1930s, the company expanded and began to focus on insuring non-farmers as well. Today, the company is one of the biggest insurance companies in the U.S. In a recent year, American Family paid out over $3 billion in home, auto and umbrella insurance claims.

Our Thoughts: American Family is a solid choice for your auto insurance needs. The company offers decent rates, which have the potential to be great when policyholders utilize some of its many discounts.

Read our full American Family review.
3 out of 5 rating from J.D. Power for overall satisfaction.
Mutual vs. Stock Insurance Companies
The main difference between mutual and stock insurance companies is the ownership configuration—stock insurance companies are privately or publicly owned companies that offer voting rights to stockholders. Mutual insurance companies, however, are owned by their policyholders.

Since stockholders benefit from the stock’s appreciation, people argue that the short-term interests of investors don’t always align with the long-term interest of the company. Many feel that mutual insurance companies are better because the policyholders’ interests align well with what’s best for the company, specifically lowering insurance rates and paying out dividends to attract more customers. Below, we list the top ten auto insurance companies by type, excluding USAA, which is an insurance exchange for military personnel.
Big vs. Small Insurance Companies
The trade-off between large insurance companies and small ones typically involves giving up competitive rates for an improved customer experience. When using a small insurance company for your auto insurance, you’ll likely communicate exclusively with one insurance agent. While you generally lose a personal connection when selecting a large national insurance company, the large auto insurance companies tend to have more financial stability. In fact, the top insurance companies in the country underwrite and pay out billions of dollars per year. Additionally, the large insurance companies are able to leverage their resources to offer drivers lower insurance rates.

It’s possible that you’ll have to worry about solvency if you choose a policy from a small company. If you manage to find a small insurance company with a base level of financial stability that you’re comfortable with, consider how much in price you’re willing to pay for better service. If you value great service, you might prefer a small insurance company.

Another consideration when choosing between a large and small auto insurance company is availability, coverage options and discounts. While you’re likely to have a better experience with a small insurance company, it may not have the availability, benefits and discounts that large insurance companies do. For example, the major insurance companies in the U.S. often have representatives that are available 24/7. Additionally, small insurance companies don’t typically offer the long list of discounts and coverage options that national insurers, like Allstate and State Farm, offer. If around the clock availability or having discounts and coverage options are important to you, consider a large insurance company.