Only a few key players dominate the auto insurance market in the country, controlling over 72% of the insurance market. The top insurance companies all have their unique characteristics, varied insurance rates, distinct features, and customer claims experience and still manage to underwrite most of the available policies in the market. Most of these companies are recognizable as they are all advertised largely on national television.

Some of the top insurance companies in the country are:

• State Farm
  With over 18% of the market share and USD 41.8 billion written premiums, this is the largest auto insurance company in the country. It functions as a mutual insurance company, which means that it is owned by its policyholders. It has an overall satisfaction rating of 3 out of 5 by J.D. Power. The company’s net profit is over USD 1.7 billion as per its latest annual report. Almost one of every five dollars is paid towards premiums of private passenger vehicles which is paid to State Farm. It is a great company for those seeking good insurance from a local agent with curated insurance experience.
• GEICO
  With more than 24 million vehicles insured across the country by GEICO, it has been an underwriter to over 16 million auto policies with USD 29.6 billion premiums written. A company that originally started to cater to the employees of government and military personnel, it has expanded to cater to the customer base even in private sectors. With a 3/5 overall satisfaction rating by J.D. Power, GEICO is one of the best auto insurers with low rates, a good shopping experience, and national availability.
• Progressive Corporation
  This is the third largest insurance company in the country with a 10% market share and USD 22.8 billion worth premiums written and functions as a publicly traded company. The auto insurances can be purchased either directly, online, by phone, or by signing up through an independent insurance agent. The rates offered to drivers with a history of accidents are highly competitive. Also, it has the best ratings for claims satisfaction and coverage options with a 3 out of 5 satisfaction rating from J.D. Power.
• Allstate
  This is a publicly traded property and the second largest casualty insurance company in the country with a 9% market share and USD 21.4 billion premiums written. Allstate has several local agents who cater to customers who seek local and personalized experience. Esurance is a subsidiary company of Allstate, which also operates in the same space but caters to the customers who are self-directed and brand-sensitive. Allstate gets a 3 out of 5 satisfaction rating from J.D. Power. Although it has high rates, it alternately offers a wide variety of discounts and redeeming factors.
• USAA
  This company was originally founded by 25 army officers who wanted to insure their vehicles. Today, with 6% market share and USD 13.2 billion worth written premiums, it has grown to serve millions of associated with the military. These members can be anyone who is a current or a former military member or a family member of a military member, etc. USAA is also the largest private company that is based out of San Antonio, Texas. If one meets their criteria to avail auto insurance, they will be able to enjoy competitive rates, good customer service, and quick responses to claims. With only 1 downfall of having a restricted membership, it gets a 5 out of 5 overall satisfaction rating from J.D. Power.