Top 10 U.S. Auto Insurance Companies
- State Farm and Progressive are the largest U.S. auto insurance companies.
- State Farm and USAA are the cheapest large car insurance companies.
Which is the largest auto insurance company?
State Farm is the nation’s largest auto insurance company. It has an 18.9% share of the U.S. car insurance market, based on written premiums
Top 10 U.S. car insurance companies
| Company | Market share | LendingTree score | |
|---|---|---|---|
 | State Farm | 18.9% |  |
 | Progressive | 16.7% |  |
 | Geico | 11.6% |  |
 | Allstate | 10.2% |  |
 | USAA | 6.2% | |
 | Farmers | 3.8% | |
 | Liberty Mutual | 3.3% | |
 | Travelers | 2.0% | |
 | AAA | 1.8% |  |
 | American Family | 1.7% | |
The 10 largest car insurance companies account for 76.2% of the U.S. auto insurance market. These companies are available in most states and are usually easy to contact for quotes.
Here’s how the top car insurance companies stack up on factors like price and coverage options. Our car insurance comparison includes ratings from J.D. Power
Largest car insurance companies at a glance
Cheapest large car insurance companies
State Farm is the cheapest large car insurance company for most drivers. Its rates average $661 a year, or $55 a month, for liability insurance. It charges an average of $134 a month for full coverage.
USAA is cheaper, but it’s only available to the military community.
American Family has the second-cheapest liability insurance for most drivers, with rates that average $63 a month. Travelers comes in second for full coverage, at $150 a month.
Large company car insurance rates
| Company | Annual rate liability | Annual rate full coverage |
|---|---|---|
| State Farm | $661 | $1,604 |
| American Family | $751 | $2,019 |
| Travelers | $792 | $1,806 |
| Geico | $797 | $2,109 |
| Progressive | $801 | $2,078 |
| AAA | $1,086 | $2,988 |
| Allstate | $1,344 | $2,960 |
| Farmers | $1,363 | $3,462 |
| USAA* | $437 | $1,322 |
Large car insurance company ratings
USAA and American Family have the best satisfaction ratings from J.D. Power for large companies.
Travelers and American Family have the best NAIC complaint ratings for large companies. Both companies have half as many complaints as average.
American Family is the only company with excellent ratings from both J.D. Power and the NAIC. This gives it the best combined customer service score for large companies.
All 10 companies are rated A or better
Insurance company ratings
| Company | Satisfaction score** | Complaint rating*** | Financial strength |
|---|---|---|---|
| AAA | 658 | 1.22 | A+ |
| Allstate | 635 | 0.7 | A+ |
| American Family | 660 | 0.47 | A |
| Farmers | 619 | 1.32 | A |
| Geico | 637 | 0.75 | A++ |
| Liberty Mutual | 612 | 1.26 | A |
| Progressive | 622 | 0.61 | A+ |
| State Farm | 657 | 0.84 | A++ |
| Travelers | 616 | 0.45 | A++ |
| USAA | 739 | 0.97 | A++ |
*** NAIC 2024 complaint data (lower scores are better, 1.0 is average).
Which is the largest car insurance company in my state?
State Farm is the largest car insurance company in 29 states, including California. Progressive is the largest in 29 states, including Texas and Florida. Geico is the top auto insurer in five states, including New York and New Jersey.
Largest car insurance companies by state
| State | Largest company |
|---|---|
| Alabama | State Farm |
| Alaska | State Farm |
| Arizona | Progressive |
| Arkansas | State Farm |
| California | State Farm |
| Colorado | State Farm |
| Connecticut | Progressive |
| Delaware | State Farm |
| Florida | Progressive |
| Georgia | State Farm |
| Hawaii | Geico |
| Idaho | Progressive |
| Illinois | State Farm |
| Indiana | State Farm |
| Iowa | Progressive |
| Kansas | State Farm |
| Kentucky | State Farm |
| Louisiana | State Farm |
| Maine | Progressive |
| Maryland | Geico |
| Massachusetts | Mapfre |
| Michigan | Progressive |
| Minnesota | State Farm |
| Mississippi | State Farm |
| Missouri | State Farm |
| Montana | State Farm |
| Nebraska | State Farm |
| Nevada | Progressive |
| New Hampshire | Progressive |
| New Jersey | Geico |
| New Mexico | State Farm |
| New York | Geico |
| North Carolina | Allstate Corp |
| North Dakota | Progressive |
| Ohio | State Farm |
| Oklahoma | State Farm |
| Oregon | State Farm |
| Pennsylvania | State Farm |
| Rhode Island | Progressive |
| South Carolina | State Farm |
| South Dakota | State Farm |
| Tennessee | State Farm |
| Texas | Progressive |
| Utah | Progressive |
| Vermont | Progressive |
| Virginia | State Farm |
| Washington | State Farm |
| Washington, D.C. | Geico |
| West Virginia | State Farm |
| Wisconsin | Progressive |
| Wyoming | State Farm |
Pros and cons of large car insurance companies
Large car insurance companies have more resources than smaller ones. This usually includes larger customer service and claims departments than smaller companies. Large companies also tend to have more sophisticated websites and smartphone apps.
These advantages don’t always translate into cheaper prices or better customer service.
At least five regional companies, including NYCM and Erie, are cheaper than State Farm. At least six small companies have better satisfaction ratings than Travelers.
This is one reason why it’s good to compare car insurance quotes from companies of all sizes.
Small vs. large company comparison
| Company | Full coverage | Satisfaction score |
|---|---|---|
| NYCM | $1,327 | 659 |
| Erie | $1,375 | 700 |
| Hanover | $1,453 | 631 |
| Westfield | $1,481 | 676 |
| Country Financial | $1,491 | 665 |
| State Farm | $1,604 | 657 |
| Mercury | $1,707 | 596 |
| Auto-Owners | $1,740 | 654 |
| Travelers | $1,806 | 616 |
Frequently asked questions
No. Large car insurance companies are not always cheaper than small ones. Regional companies like Erie, Country Financial and Auto-Owners can be cheaper than large ones. Your car insurance rate depends on factors like your location and credit. It’s good to compare quotes from companies of all sizes when you shop.
You usually need your driver’s license and vehicle registration to get a car insurance quote. You should also pull up your current policy’s declarations, or dec page, if you have one. If you have other drivers on your policy, you’ll need to confirm their names and birthdates for a quote.
Progressive is a larger car insurance company than Allstate. Progressive is the nation’s second-largest auto insurer. Allstate ranks fourth. However, Allstate is a much larger homeowners insurance company than Progressive.
Progressive is a larger car insurance company than Geico. Progressive has a 16.7% share of the U.S. car insurance market, compared to Geico’s 11.6% share. Progressive is also the nation’s 12th largest home insurance company. Geico does not offer home insurance.
Methodology
LendingTree gets rates from Quadrant Information Services using publicly sourced insurance company filings. Rates are based on an analysis of hundreds of thousands of car insurance quotes for a typical driver. Prices are shown for comparative purposes only. Your own rates may be different.
Unless noted otherwise, quotes are for a 30-year-old man with good credit and a clean driving record. He drives a 2015 Honda Civic EX.
Minimum liability policies provide liability coverage with each state’s required minimum limits.
Full coverage includes:
- Bodily injury liability: $50,000 per person, $100,000 per accident
- Property damage liability: $25,000
- Uninsured/underinsured motorist bodily injury: $50,000 per person and $100,000 per accident
- Personal injury protection: where required by law
- Collision: $500 deductible
- Comprehensive: $500 deductible
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Our team of insurance experts rated insurance companies based on several categories. These categories include average rates, discounts, coverage options, third-party customer service ratings and app/website experience. We weighted these categories based on what customers value in an insurance company.
For third-party customer service ratings, we included Complaint Index scores from the NAIC and financial strength ratings from AM Best. NAIC Complaint Index scores are used to determine how satisfied customers are with their claims, while financial strength ratings from AM Best reflect the ability to pay out claims.