The Largest Auto Insurance Companies in 2024-2025
These Auto Insurance Companies are at The Top.
Understanding the largest auto insurance companies can help you make informed decisions when shopping for coverage. Below is an updated list of the top auto insurance companies for 2024-2025, including their reduced market shares and coverage areas.
Top Auto Insurance Companies Ranked by Market Share
| Rank | Company Name | Market Share % |
|---|---|---|
| 1 | State Farm | 17.38 |
| 2 | Progressive | 14.31 |
| 3 | Geico (Berkshire Hathaway) | 11.38 |
| 4 | Allstate | 9.44 |
| 5 | USAA | 5.34 |
| 6 | Liberty Mutual | 3.27 |
| 7 | Farmers | 3.25 |
| 8 | American Family | 1.21 |
| 9 | Travelers | 1.15 |
| 10 | Nationwide | 0.78 |
| 11 | Auto Club (AAA) | 0.60 |
| 12 | Auto-Owners | 0.41 |
State Farm (17.38% Market Share)
State Farm remains the largest auto insurer in the U.S., offering a variety of policy options for drivers. With 17.38% of the market, they operate across all 50 states, including major markets like California, Texas, and Florida. State Farm is known for reliable customer service and a strong agent network, making it a top choice for drivers.
Progressive (14.31% Market Share)
Progressive, holding 14.31% of the market, continues to be a key player in auto insurance. Their usage-based programs and online tools make it easy to customize policies. Progressive is available nationwide, serving key states like Texas, Florida, and New York, and they’re a top pick for drivers who want flexible, modern insurance solutions.
Geico (Berkshire Hathaway) (11.38% Market Share)
Geico controls 11.38% of the market, providing affordable rates and a user-friendly mobile app. They operate in all 50 states, particularly popular in California, Texas, and Illinois. Geico remains a budget-friendly option for drivers, offering competitive pricing and a streamlined claims process.
Allstate (9.44% Market Share)
Allstate’s market share is 9.44%, with a reputation for offering strong policy customization options, such as accident forgiveness. Operating nationwide, Allstate has a solid presence in states like New York, California, and Texas. Their network of local agents makes it easy to get personalized service for your auto insurance needs.
USAA (5.34% Market Share)
USAA, with a 5.34% market share, specializes in serving military members and their families. They are available in all 50 states but only for those with military connections. USAA is highly regarded for its excellent customer service and comprehensive coverage, often at lower rates than many competitors.
Liberty Mutual (3.27% Market Share)
Liberty Mutual holds 3.27% of the market, offering a wide array of discounts and flexible policy options. They serve most U.S. states, including Massachusetts, Illinois, and California. Known for a range of insurance products beyond auto, Liberty Mutual helps customers manage multiple policies efficiently.
Farmers (3.25% Market Share)
Farmers has a 3.25% market share and provides comprehensive auto insurance options. Operating in all 50 states, Farmers is especially prominent in California, Texas, and Washington. They offer a variety of policy options, giving drivers flexibility when selecting coverage that fits their needs.
American Family (1.21% Market Share)
American Family serves 1.21% of the auto insurance market, focusing primarily on the Midwest and Western states, such as Wisconsin, Illinois, and Colorado. They offer personalized service and a variety of discount opportunities for safe drivers, making them a great option for those seeking competitive rates and strong customer service.
Travelers (1.15% Market Share)
Travelers commands 1.15% of the market and provides reliable coverage in nearly every state. They are particularly popular in Connecticut, New York, and Texas. Travelers stands out for offering comprehensive auto and home insurance bundles, making them a solid choice for policyholders seeking convenience.
Nationwide (0.78% Market Share)
Nationwide has 0.78% of the market, offering robust policy options such as vanishing deductibles and accident forgiveness. Their presence is strongest in Ohio, Pennsylvania, and North Carolina. Nationwide is a go-to choice for those looking to bundle insurance policies and take advantage of various discounts.
Auto Club (AAA) (0.60% Market Share)
Auto Club (AAA) holds 0.60% of the market, known for offering comprehensive roadside assistance along with auto insurance. They are available in states like California, Florida, and Texas. AAA provides numerous discounts and is ideal for drivers who are already members of their auto club.
Auto-Owners (0.41% Market Share)
Auto-Owners has a smaller market share at 0.41%, but they are highly respected for their claims handling and customer service. Operating in 26 states, including Michigan, Ohio, and Indiana, Auto-Owners is a reliable choice for drivers looking for personalized attention from a smaller, more regional insurer.
Compare Auto Insurance Rates with Insurance Direct Rates
Comparing rates before purchasing auto insurance is essential for getting the best coverage at the best price. Insurance Direct Rates (IDR) is a valuable tool that makes this process easier, offering free insurance quotes and educational resources. Like Richard, Jessica, Art, and Madeline, you can use IDR to find the ideal coverage and rates for your needs, ensuring you don’t overpay for your auto insurance.