Is bigger always better? Car insurance with the largest car insurance companies.
The 10 largest car insurance companies make up over three-quarters of the entire auto insurance market and are led by State Farm, Progressive and Geico.
If you’re looking for car insurance but don’t know where to start, we’ve reviewed the Best Car Insurance Companies of 2024 to help you in your search.
State Farm, Progressive and Geico top the list of the 10 largest car insurance companies by underwriting volume.
Key Takeaways ; The average annual cost of a car insurance policy among insurers we analyzed is $2,068, compared to $1,459 a year ago. ; USAA has the lowest sample premiums in our study, but its policies are only available to current and former members of the military and their families. ; Erie, which is available in 12 states and Washington, D.C., has the lowest rates we found for teen drivers.
See our list of car insurance companies, including the nation’s top 10 largest auto insurers.
Understand how auto insurance companies value cars and learn why your insurance may not cover the cost of a similar vehicle.
The largest car insurance company in the U.S. is State Farm, which has 18% of the market. The 10 largest auto insurers make up 77% of the market in the U.S.
Central Insurance, Country Financial, Auto-Owners, USAA and Geico are the cheapest car insurance companies for most drivers in Georgia. ; Average car insurance rates in Georgia are $1,256 per year or $105 per month for minimum coverage and $2,907 per year or $242 per month for full coverage. ; The best way to find the cheapest car insurance in Georgia is by shopping around for car insurance quotes online from multiple providers.
Best for most drivers · Geico ; Best for discounts ; Best for military service members, veterans and their families ; Best for AARP members