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The largest car insurance companies are some of the most recognizable names in the auto insurance industry. Major auto insurance companies are household names — we see them advertise in Super Bowls and between episodes during Hulu binge-watching. In terms of size, “largest” is defined by private-passenger auto direct premiums written (DPW). Using the latest full-year market-share data (2024 DPW, published for 2025 rankings), State Farm and Progressive lead the market, followed by GEICO and Allstate. Industry profitability strengthened in 2024 as multi-year rate increases earned in and higher investment yields lifted results, with a stable outlook into 2025; personal auto rebounded and reinsurance pricing at 1/1/2025 was broadly flat, aiding predictability (Insurance Information Institute; AM Best press room; Swiss Re Institute; Fitch Ratings; Howden; BLS CPI).
Larger insurers tend to have financial strength you can rely on and the budget to provide better online tools, customer service, and claims support. If you’re interested in covering your car through the biggest car insurance companies, trying to choose the best one for your needs can be challenging, but no need to worry. We’ve compiled a list of car insurance companies based on the latest market share (2024 DPW) and independent benchmarks so you can compare options (NAIC Market Share; J.D. Power 2025; AM Best rating guide).
The Largest Auto Insurance Companies in the U.S.
| Rank | Company | Direct Premiums Written* | Market Share* | J.D. Power customer satisfaction** | AM Best Rating |
| 1 | State Farm | 2024 DPW (see NAIC) | 17% | See 2025 U.S. Auto Insurance Study | See Ratings Center |
| 2 | Progressive | 2024 DPW (see NAIC) | 16% | See 2025 U.S. Auto Insurance Study | See Ratings Center |
| 3 | Geico | 2024 DPW (see NAIC) | 14% | See 2025 U.S. Auto Insurance Study | See Ratings Center |
| 4 | Allstate | 2024 DPW (see NAIC) | 11% | See 2025 U.S. Auto Insurance Study | See Ratings Center |
| 5 | USAA | 2024 DPW (see NAIC) | 6% | See 2025 U.S. Auto Insurance Study | See Ratings Center |
| 6 | Farmers | 2024 DPW (see NAIC) | 5% | See 2025 U.S. Auto Insurance Study | See Ratings Center |
| 7 | Liberty Mutual | 2024 DPW (see NAIC) | 4% | See 2025 U.S. Auto Insurance Study | See Ratings Center |
| 8 | Nationwide | 2024 DPW (see NAIC) | 3% | See 2025 U.S. Auto Insurance Study | See Ratings Center |
| 9 | American Family | 2024 DPW (see NAIC) | 2–3% | See 2025 U.S. Auto Insurance Study | See Ratings Center |
| 10 | Travelers | 2024 DPW (see NAIC) | 2% | See 2025 U.S. Auto Insurance Study | See Ratings Center |
*Largest defined by private-passenger auto DPW for the latest full year available (2024). Source: NAIC Market Share Data; carrier ordering and shares align with widely cited NAIC-based market overviews (III).
**J.D. Power publishes multiple U.S. auto insurance satisfaction studies annually; results vary by region and segment. See the latest 2025 U.S. Auto Insurance Study for current scores and rankings.
To help you choose a provider that’s right for you, here are key takeaways: State Farm and Progressive account for roughly one-third of U.S. market share; GEICO and Allstate round out the top four. Premium growth in 2024 reflected earlier rate actions, and underwriting results improved with expectations for steadier performance in 2025, supported by stable reinsurance terms and still-elevated investment income, while loss-cost inflation remains a watch item (AM Best; CCC Crash Course 2025; Fitch; Swiss Re Institute; Howden; BLS CPI).
Best for Premium Reducing Programs
Why we chose it
Why we chose it
Pros
- Extensive agent network and digital tools
- Broad coverage menu with rideshare and roadside options
- Telematics programs available to potentially reduce premiums
Cons
- Telematics discounts and rideshare availability vary by state
- Pricing depends heavily on driver profile and location
Types of Coverage Offered
- Liability, collision, comprehensive, uninsured/underinsured motorist, medical payments; rental and emergency roadside; rideshare endorsement (availability varies) (details).
Discounts Available
- Safe-driver and telematics-based savings (program terms vary by state).
- Multi-policy and vehicle safety-feature discounts (state eligibility applies).
Further Reading on State Farm:
Best for Customer Service
Why we chose it
Why we chose it
Pros
- Robust app and online policy management
- Broad discount availability (multi-policy, vehicle safety, affiliations)
- Telematics options for potential savings
Cons
- Service and satisfaction vary by region and policy complexity
- Discounts and program eligibility differ by state
Types of Coverage Offered
- Core auto protections with optional rideshare coverage in many states; collector vehicle and international (Mexico) travel partner options (state eligibility applies).
Discounts Available
- Military and federal employee; multi-vehicle and multi-policy; good student; association-based (varies).
Further Reading on Geico:
Best for Discounts
Why we chose it
Why we chose it
Pros
- Name Your Price and robust online tools streamline shopping
- Optional loan/lease payoff, custom parts, and rideshare coverage
- Telematics discounts available (program availability varies)
Cons
- Satisfaction and claims experience can vary by state and segment
Types of Coverage Offered
- Core auto coverages plus loan/lease payoff (gap), custom parts & equipment, rideshare, rental car reimbursement, and roadside assistance (details).
Discounts Available
- Continuous insurance, homeowner, teen driver, good student; online quoting and sign-up discounts (where allowed).
Further Reading on Progressive:
Best for Clean Driving Records
Why we chose it
Why we chose it
Pros
- Optional accident forgiveness helps mitigate post-accident surcharges
- Agent-assisted service and broad coverage options
- Telematics availability for potential savings
Cons
- Premiums and satisfaction vary by state and risk profile
- Accident forgiveness availability differs by state
FURTHER READING ON ALLSTATE:
Best for:
Why we chose it
Pros
- Competitive pricing potential for eligible members
- Reputation for service and claims among its membership
- Telematics availability (state dependent)
Cons
- Eligibility limited to military, veterans, and qualifying families
Types of Coverage Offered
- Core auto protections with available rideshare and classic car options (state eligibility varies).
Discounts Available
- Potential savings for garaging on military installations (except where not available); rental and hotel partner discounts may apply.
Further Reading on USAA:
Best for:
Why we chose it
Pros
- User-friendly app; digital-first features
- RightTrack telematics may reduce premiums for safe driving
- Add-ons for customization
Cons
- Claims satisfaction and rates vary by state and policy
Types of Coverage Offered
- Core coverages with optional rideshare, EV-friendly features, and endorsements; check state availability.
Discounts Available
- Advanced safety features; alternative-energy vehicle; RightTrack safe-driving program (eligibility varies).
Further Reading on Liberty Mutual:
Best for:
Why we chose it
Pros
- Agent guidance with flexible endorsements
- Telematics potential via Signal app
- Digital tools for policy management
Cons
- Customer service benchmarks vary; average in some regions
Types of Coverage Offered
- Core auto coverages with optional rideshare, collectible vehicle, and high-value endorsements (availability varies).
Discounts Available
- Signal app safe-driving; occupational and bundling discounts (state dependent).
Further Reading on Farmers:
Best for:
Why we chose it
Pros
- Wide coverage choices and optional accident forgiveness
- Telematics (SmartRide) and bill-pay discounts in many states
- Helpful digital account tools
Cons
- Discounts and features vary by jurisdiction
Types of Coverage Offered
- Core auto coverages with optional gap (loan/lease) and roadside assistance.
Discounts Available
- Defensive driving (where approved), automatic bill pay, SmartRide safe-driving (availability varies).
Further Reading on Nationwide:
Best for:
Why we chose it
Pros
- Strong discount options and agent support
- Useful mobile and online tools
Cons
- Availability limited to select states
Types of Coverage Offered
- Core auto protections with classic car and rideshare options in many states.
Discounts Available
- Generational, young volunteer, and new-customer discounts (eligibility varies).
Further Reading on American Family:
Best for:
Why we chose it
Pros
- Thorough coverage options and common discounts
- Digital app parallels website functionality
- Telematics and forgiveness options in many states
Cons
- Claims satisfaction varies by region; verify local support
Types of Coverage Offered
- Core auto coverages with optional rideshare and EV-supportive features; check state-specific availability.
Discounts Available
- Telematics (IntelliDrive) where offered; good student; paperless billing (varies by state).
Further Reading on Travelers:
*Rates depend on driver profile, vehicle, coverage selections, state rules, and timing of filings; use quotes for your situation. Recent 2025 updates include higher state-minimum liability limits in California (30/60/15) and Virginia (50/100/25), and Florida’s continuing PIP $10,000 plus PDL $10,000 requirements (California SB 1107; Virginia Code; FLHSMV).
**J.D. Power uses a 1,000-point scale and reports results by region/segment. See the latest 2025 U.S. Auto Insurance Study for current placements.
Small vs. major auto insurance companies
When we talk about the biggest car insurance companies, it’s worth noting that smaller insurers and regionals also provide coverage for drivers. In 2025, improved personal lines performance and more predictable reinsurance renewals created room for selective growth by some smaller carriers in targeted markets and niches (AM Best; Guy Carpenter; Howden; Fitch Ratings).
Larger insurance companies generally provide broader coverage menus and 24/7 access, supported by capital strength and scaled digital tools. Direct and hybrid distribution leaders have grown faster on average, aided by telematics adoption and sophisticated pricing (III; LexisNexis 2025 Trends; J.D. Power 2024).
Smaller companies can excel in specialties or local markets, and some offer competitive rates where larger carriers remain cautious. Stabilized 1/1/2025 reinsurance terms especially helped selected regionals re-engage in cat-affected areas (Guy Carpenter; Howden).
Here are some points to consider:
- Major auto insurance companies are widely recognized and typically hold strong independent financial strength ratings, supporting claim-paying ability in stress events (AM Best rating guide).
- The largest auto insurance companies usually provide more access channels (agents, online, call centers) and extensive self-service features.
- Smaller insurers can provide specialty coverages, localized underwriting expertise, and competitive pricing in certain segments or states as market conditions allow (Guy Carpenter; Howden).
- Quality of service depends on the specific carrier and region. Review independent complaint indices and current satisfaction studies when comparing options (NAIC complaint index; J.D. Power 2025).
FAQs
Methodology
Reviews.com evaluates insurers across pricing/value, financial strength, complaint performance, customer satisfaction/claims experience, coverage flexibility, and access/digital tools. We reference authoritative, current sources including NAIC market share and complaint indices, AM Best financial strength ratings, and J.D. Power’s latest auto insurance satisfaction benchmarks (NAIC Market Share; NAIC Complaint Index; AM Best rating guide; J.D. Power 2025).
As for average pricing, we use multi-profile, multi-state quote sampling and third-party rate datasets where appropriate, with clear assumptions, and we refresh regularly after major filings. For full coverage comparisons, example limits often include:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, we align with each state’s requirements. Our base profiles typically include common commuter mileage and late-model vehicles; exact specs are documented in each rate study.
These are sample rates and should only be used for comparative purposes.
