Top 10 Companies » Top 10 Best Auto Insurance Companies in the USA

Top 10 Best Auto Insurance Companies in the USA

The auto industry in the US is one of the largest in the world. The auto insurance supports the people who buy any kind of vehicle by covering the damages financially. According to market research the top ten companies cover around 72% of the market.

It is a law to buy auto insurance in 48 out of the 50 states. The necessity of the car insurance is that it covers the property damages or injuries to person during an accident. Choosing the best auto insurance can be a tiresome job as there are lot of paperwork that are needed for going into a policy.

Best Auto Insurance Companies in the USA

State farm:

This is one of the biggest mutual insurance companies and is owned by the policyholders. It is also the largest auto insurance company in the USA and accounts for around 17% of total market share. The organization has around 70,000 employees and almost 19000 agents.

They carry out lot of their marketing through their agents and provide people with local experience which makes people get attracted. State farm provides great policies for those people who aree willing to pay.

Geico:

This is one of the best insurance companies for the animated geckos which have more than 16 million policies supporting more than 24 million vehicles. The size of the organization is huge and employs around 36000 people which spans over its nine regional offices, three services centres and three claim centres. They were the primary insurance provider of the US military personals and government employees.  

The organisation gets promotion due to the fact that they offer great policies at an affordable rates and its nationwide coverage. Their policies take them forward to make people aware of the organization.

Progressive:

Progressive is one topmost auto insurance companies of the United States. Their customer generally signs up for the policy through the agents. The organization has total employee strength of over 33000 and has around 400 offices. 

They market their brand that they offer highly competitive rates for accidents. They also get lot of promotions by the fact that their customer satisfaction rates are high and they also provide great coverage options.

Allstate:

The organization was founded in the year 1931. They have local agents who act as the bridge between the company and the customer and help them to buy insurance. The company has around 79000 employees. They also have subsidiary brand named Ensurance which is for the people who loves branded products.

The marketing of the brand depends on the different discounts that are being provided to the customers. They use their brand Ensurance to attract more people .

USAA:

The organization was started by 25 US army personals that insured each other’s vehicles back in the year 1922. At present it serves more than a million customers mostly attached to the US military. Their main customers include Current military personals, former military personals and family members of the military personals and cadets of midshipmen. They are largest private company situated in the area of San Antonio. 

This is one of the best companies which get them a lot of promotion. They also market their competitive rates, great customer service and speedy settlements as their strengths.

Liberty Mutual:

The organization was established around 100 years ago and has been providing to its millions of customers and have a presence in almost seventeen Nations. They are into various types of insurance like casual, health, life and auto insurance. The auto insurance forms the biggest share of the company’s business. 

The company carries out their marketing by the fact that it is over 100 year old company. They also provide discounts on the insurance based on the geographical locations. 

Farmers:

This organization started by providing insurance to farmers and coverage to rural farmers for their vehicles. There is perhaps not many companies which provides so much facilities to the farmers. Along with auto insurance, it also offers pet insurance and insurance for their crops. 

The company markets with the facts that there is no other company which offers so many facilities to farmers. The company has also made good name in other insurance fields which also gives lot of promotion.

Nationwide:

This is one of the top companies and one of the fortune 100 companies which has settled almost $17 billion in claims and other benefits to all the members in 2018. They are present in all 50 states in various services including financial, commercial and personal lines.

They market the brands with the fact that they have many positive reviews from their customers. They use the fact that they are one of the most affordable insurance companies

Travellers:

This is a 160 years old company which has serving people with utmost care. It is also one of the oldest insurance companies still in operation till today. The company first issued their auto insurance back in the year 1897. Their total employee strength is 13,500 independent agents and around 30000 employees.

They get a lot of reviews which gets them of promotion. The company is known for providing low cost insurance solutions. They also provide insurance to the family members of the rider.

American Family:

This is one of the top companies which has over the years lived up to the goal of insuring farmers. They are one of the top auto insurance in the country. At present it is one of the biggest companies.

They market their brand that they offer highly competitive rates for accidents. They also get lot of promotions by the fact that their customer satisfaction rates are high and they also provide great coverage options.

Conclusion:

In this list the top ten auto insurance companies has been described which gives great marketing for the company. There are many marketing strategies which they use to take the company forward.

The necessity of the car insurance is that it covers the property damages or injuries to person during an accident. Choosing the best auto insurance can be a tiresome job as there are lot of paperwork that are needed for going into a policy.

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