Top 5 Car Insurance Providers

Car Insurance Providers

Which Car Insurance Providers are the best? Behind many beloved TV brands like Geico and Nationwide exist reputable insurance providers such as State Farm and MetLife. Consumers should always compare car insurance quotes from multiple companies before deciding which is the best for them.

Data shows that State Farm is one of the top 5 car insurance providers in America. With 16% of the total available market share in the U.S., 18% of total expenses spent on private passenger auto insurance, and 15% of total dollars spent, they rank well above competitors.

Car Insurance Providers

State Farm is one of the top car insurance providers. It currently employs around 60,000 employees and has nearly 19,000 agents in service. State Farm works as a mutual insurer that’s owned by policyholders–meaning that any profit made goes right back into the pockets of policyholders to pay for their policies.

Geico, which is known for its adorable gecko advertising, has provided insurance to 16 million auto policies and has insured more than 24 million vehicles. Geico enjoys a large company size that allows it to employ 40,000 people in nine regional offices, three service centers, and three claims centers.

Progressive, the third-biggest car insurance company in the country, offers customers the ability to purchase car insurance online, in person, or over the phone. Customers can alternatively sign up with an independent agent.

Allstate has been around for nearly 100 years. They are the second largest public property and casualty insurance company in the country, making them one of the most reliable. You can call their agents or submit an online inquiry if you need help finding a plan that is perfect for your needs.

Allstate Insurance Corporation (news – web sites) operates in the same space, attracting self-directed and brand-sensitive customers while making wise use of technology to serve clients who prefer local and personal service.

USAA was founded in 1922 by a few Army officers who decided to help insure each other’s vehicles. Today, the company serves millions of U.S. Military affiliates, including military personnel, their families, and cadets or midshipmen.

Located in San Antonio, Texas, USAA is the largest private company in the city and is ranked by Forbes Company Rank as 20 on the list of “100 Best Large Companies to Work For.”

USAA’s focus on the armed forces and military makes it our pick for best and cheapest car insurance company on the market. USAA offers a variety of features and provides $500+ in savings each year to veterans, active service members, and their families.