Working with the right car insurance policy can make all the difference to your experience.
When shopping for a car insurance policy, you want to find an auto insurance company with high scores for customer satisfaction that offers the coverage you need at the most affordable price.
To help you learn all the information you need to find the best car insurance company for you, explore the available companies below.
- State Farm, Progressive, Geico, Allstate and Liberty Mutual are the largest car insurance companies by market share in the United States.
- Although large insurance companies offer many options to drivers, smaller insurers also provide a viable option for many drivers.
- In terms of claims satisfaction, Amica, Erie Insurance, NJM Insurance, COUNTRY Financial and State Farm earned the highest marks in the J.D. Power U.S. Auto Claims Satisfaction Study.
List of car insurance companies
As you explore your car insurance options, it’s helpful to see a list of all of the options. Below is a list of the car insurance companies available in the U.S.
- State Farm
- Progressive
- Geico
- Allstate
- Liberty Mutual
- Travelers
- USAA
- Chubb
- Farmers
- Nationwide
- American Family
- Hartford
- Auto-Owners
- Erie Insurance
- Hugo
- Acuity
- American International Group (AIG)
- Amica Mutual
- AAA
- Safeco
- Shelter
- CSAA Insurance Group
- MAPFRE Insurance
- Automobile Club Group
- Mercury
- Kemper
- Plymouth Rock Assurance
- NJM Insurance
- Arbella
- Safety Insurance
- New York Central Mutual
- Grange Insurance
- The Hanover
- Westfield Insurance
- Farm Bureau
- PEMCO Insurance
- Alfa Insurance
- National General
- Metromile
- MileAuto
- Certainly
- Orion Indemnity Company
- Sun Coast
- Direct Auto Insurance
- First Chicago
- Aspire General
- Root
- Dairyland
- 21st Century
- Clearcover
- Connect
- Bristol West
- American National
- Connect
- Elephant
- Freeway
- Fred Loya
- The General
- GoAuto
- Good2Go
- Infinity
- Wawanesa
- Safe Auto
List of major car insurance companies
While there are seemingly countless auto insurance companies, only some of these companies qualify as major car insurance companies.
The table below offers a closer look at some of the top car insurance companies.
| Company | Market share | Direct written premiums in 2023 | Average annual rates |
|---|---|---|---|
| Travelers | 4.77% | $38,596,540,132 | $1,587 |
| Nationwide | 2.06% | $19,766,498,885 | $1,548 |
| State Farm | 9.76% | $93,788,130,947 | $1,975 |
| Geico | 6.21% | $59,668,420,250 | $1,763 |
| Progressive | 6.53% | $62,711,707,060 | $1,998 |
| American Family | 1.73% | $16,628,159,379 | $1,698 |
| Allstate | 5.21% | $50,041,693,448 | $2,509 |
| Farmers | 2.83% | $27,220,677,002 | $2,387 |
List of the 10 biggest car insurance companies
While there are plenty of car insurance companies to choose from, only 10 represent the biggest fish in the industry. Below is a look at the largest car insurance companies.
State Farm
Auto insurance is State Farm’s big seller, but they offer a wide range of insurance coverage and have some of the best customer service ratings in the industry. You can insure your home, apartment, boat, motorcycle and business with State Farm.
In addition, State Farm offers customers credit cards, loans and checking and savings accounts.
State Farm uses its own agents to sell its car insurance policies.
- Online quote: Yes
- Manage claims online: Yes
- Average rate for full coverage: $1,975
- Best car insurance companies score (out of five): 4.27
- Specialty coverages, offerings: State Farm has 19,000 local agents spread across the country, so there are plenty of local agents to help you find great coverage at an affordable price. But this auto insurer doesn’t offer gap insurance.
Progressive
Progressive is one of the largest auto insurance providers in the U.S., so it can insure most vehicle types. While its customer service ratings are not as high as those of other insurance companies, its policies tend to be very affordable.
Insure.com ranked Progressive as the number one insurer for young adults and college students.
- Online quote: Yes
- Manage claims online: Yes
- Average rate for full coverage: $1,998
- Best car insurance companies score (out of five): 4.14
- Specialty coverages, offerings: Progressive offers their Snapshot program, which monitors your driving for some time. You will receive a discount if you are safe out on the road.
Progressive also offers their Name Your Price Tool, which lets you tell Progressive how much you want to pay for insurance and it will show you the coverage options that work with your budget. It’s a helpful way to nail down a car insurance cost that suits your budget.
Geico
Geico is one of the largest auto insurers in the country. It currently protects more than 28 million vehicles. While auto insurance is Geico’s main business, it sells various coverages and offers a wide array of discounts.
- Online quote: Yes
- Manage claims online: Yes
- Average rate for full coverage: $1,763
- Best car insurance companies score (out of five): 4.2
- Specialty coverages, and offerings: Geico’s mobile app is one of the best in the industry, allowing you to access your insurance ID card, pay your premium, contact roadside assistance and even submit photos of your car after an accident to get a quick estimate of the damage.
Allstate
Allstate is the fourth largest insurer in the U.S. and offers various insurance and investment options. However, Allstate policies tend to be more expensive than other insurers.
If you are looking for a one-stop shop for insurance and investments, Allstate may be a good option, but if you are looking for car insurance, there are probably cheaper options available from other insurance companies.
- Online quote: Yes
- Manage claims online: Yes
- Average rate for full coverage: $2,509
- Best car insurance companies score (out of five): 3.78
- Specialty coverages, offerings: Allstate offers a vanishing deductible which will lower your collision coverage deductible by $100 every year you remain accident-free, up to $500.
Allstate offers insurance for items such as identity theft, phone protection and events such as weddings or other large gatherings, coverages you may not be able to find with smaller insurance companies.
Liberty Mutual
Liberty Mutual is the fifth largest car insurance company in the United States and offers a ton of coverages and discounts. However, Liberty Mutual auto insurance also gets more complaints about customer service and claim handling than other insurers of its size.
Liberty Mutual is not ranked in CarInsurance.com’s survey of the Best Car Insurance Companies because it doesn’t provide information on rates.
- Online quote: Yes
- Manage claims online: Yes
- Specialty coverages and offerings: Liberty Mutual Deductible Fund will help you cover your deductible if you have to make a claim. You pay $30 as part of your premium, which goes into the deductible fund and Liberty Mutual kicks in $70, so your deductible goes down by $100 a year. Like many others, the program is not capped at five years or $500.
Travelers
Travelers is a well-respected insurer that has been writing insurance policies since 1863.
Travelers may not be the cheapest option regarding car insurance, but they rank exceptionally well in customer service surveys so you know your claim will be handled fairly and they will get your vehicle repaired quickly.
- Online quote: Yes
- Manage claims online: Yes
- Average rate for full coverage: $1,587
- Best car insurance companies score (out of five): 4.62
- Specialty coverages and offerings: Travelers offer their Premier New Car Replacement coverage; this auto insurance policy endorsement is an excellent option if you have a new car. This coverage will replace your vehicle with a new one if you total it in the first five years.
USAA
While USAA has some of the best ratings among insurance companies, not everyone qualifies as a customer. USAA only insures people who have been or are currently in the military and their direct family members, such as parents, spouses and children.
USAA is not ranked in CarInsurance.com’s survey of the Best Car Insurance Companies because it is only available to military community members and their families.
- Online quote: Yes
- Manage claims online: Yes
- Specialty coverages and offerings: Their Vehicle Storage discount is an excellent option for active service members who have been deployed. If you put an insured vehicle into storage while away, you could save up to 60% on your premium.
Chubb
Chubb Limited Group is the eighth-largest insurer in the United States. Although you might not recognize the name, many choose to work with the company.
- Manage claims online: Yes
- Specialty coverages, offerings: In addition to standard car insurance, you can purchase vintage vehicle insurance for cars that are at least 30 years old.
Farmers
Farmers sells insurance in all 50 states via exclusive and independent agents. They offer standard insurance products and coverage for recreational vehicles, boats, jet skis, snowmobiles, motorcycles, ATVs, golf carts and motor homes.
Farmers also sells IRAs, annuities and mutual funds, making them an excellent choice if you are looking for a one-stop shop for insurance and retirement investments.
- Manage claims online: Yes
- Average rate for full coverage: $2,387
- Best car insurance companies score (out of five): 3.69
- Specialty coverages, offerings: Farmers offers a Mature Driver discount to drivers older than 55 who have completed state-approved safe driver training in the past three years. It also offers an alternative fuel discount for vehicles powered by anything other than gasoline: hybrid, electric, natural gas and propane qualify.
Nationwide
Nationwide gets excellent reviews for claim handling as well as customer service. They offer a variety of coverages for car and home insurance, such as homeowners, RVs, ATVs, golf carts, snowmobiles, boats, motorcycles and scooters. All these coverage options make it easy to bundle your coverages with Nationwide, which can result in a sizable discount on your total insurance costs.
- Online quote: Yes
- Manage claims online: Yes
- Average rate for full coverage: $1,548
- Best car insurance companies score (out of five): 4.33
- Specialty coverages and offerings: Nationwide’s On Your Side review is an annual personal assessment of your insurance needs with a Nationwide agent. This ensures that you are fully protected as your insurance needs change throughout your life.
They are also happy to do an On Your Side review whenever you experience a life event, such as getting married, buying a home or filling your garage with toys such as an RV or ATV.
How to choose the right car insurance companies
As you look for the right car insurance company to work with, many factors come into play.
Below is a look at some of the factors to take into consideration:
- Financial strength. Ben Klesinger, CEO of Reliant Insurance Group, says, “Check their financial stability and claims-paying ability. Choose a company with strong financial ratings, so they can fulfill their obligations even after a major event.”
- Coverage: Evaluate your insurance needs to confirm that an insurer offers the type and level of coverage you have in mind.
- Customer service: An insurance company with good feedback from customers could lead to a better experience for you.
- Pricing: Although price shouldn’t be the only factor, shopping around to find the cheapest rates is a good idea.
- Discounts: Beyond your baseline price, seek out a company that offers car insurance discounts that apply to your situation. For example, if you are a safe driver with a clean driving record, consider working with a company that offers extensive savings for safe drivers. Or if you are a homeowner in need of homeowners insurance, consider finding an insurer that offers a bundling discount.
- Claims process: A simple claims process will come in handy if you have to file an auto insurance claim. Seek out a company with a smooth filing experience.
Find the Cheapest Car Insurance Companies for You
Bottom line
The right insurance company varies widely based on your unique situation. With that, it’s a good idea to weigh all of your options before moving forward with a particular company. Start by comparing car insurance rates today.
Resources & Methodology
Sources
- J.D. Power “2023 U.S. Auto Claims Satisfaction Study.” Accessed October 2024.
- National Association of Insurance Commissioners “Property and Casualty Insurance Industry.” Accessed October 2024.
Methodology
CarInsurance.com gathered average annual full coverage car insurance rates from Quadrant Information Institute. The rates are based on a sample profile of 40-year-old male and female drivers with a clean driving record and good insurance scores.
The survey scores are based on Insure.com’s survey of the best car insurance companies. Each insurer was awarded from half a star to 5 stars. No insurer in our star ranking received less than half a star and 5 stars was the most any insurer could receive.
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Laura Longero
Executive Editor
Laura Longero is an insurance expert and Executive Editor at CarInsurance.com, where she specializes in helping consumers navigate the complexities of the financial and insurance industries. She has 15 years of experience educating people about finance and car insurance. Prior to joining CarInsurance.com, she worked as a reporter and editor at the USA Today Network. Her expertise provides readers with practical guidance, helping them make informed choices about their financial and insurance needs.
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John McCormick
Editorial Director
John is the editorial director for CarInsurance.com, Insurance.com and Insure.com. Before joining QuinStreet, John was a deputy editor at The Wall Street Journal and had been an editor and reporter at a number of other media outlets where he covered insurance, personal finance, and technology.
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Leslie Kasperowicz
Executive Editor
Leslie Kasperowicz is an insurance educator and content creation professional with nearly two decades of experience first directly in the insurance industry at Farmers Insurance and then as a writer, researcher, and educator for insurance shoppers writing for sites like ExpertInsuranceReviews.com and InsuranceHotline.com and managing content, now at CarInsurance.com.
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Nupur Gambhir
Managing Editor
Nupur Gambhir is a content editor and licensed life, health, and disability insurance expert. She has extensive experience bringing brands to life and has built award-nominated campaigns for travel and tech. Her insurance expertise has been featured in Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker, The Financial Gym, and the end-of-life planning service.