Top 10 Best car Insurance Companies in the USA

The auto industry in the US is one of the largest in the world. 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 car insurance is that it covers property damages or injuries to a person during an accident.

Choosing the best auto insurance can be a tiresome job as there is a lot of paperwork that is needed for going into a policy.

Best Auto Insurance Companies in the USA

State farm car insurance:

This is one of the biggest mutual auto 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 the total market share.

The organization has around 70,000 employees and almost 19000 agents.

They carry out a 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 are willing to pay.

Geico car insurance:

This is one of the best car insurance companies for 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 its nine regional offices, three services centers, and three claim centers.

They were the primary insurance provider of US military personnel and government employees.  

The organization gets promotions due to the fact that they offer great policies at affordable rates and nationwide coverage.

Their policies take them forward to make people aware of the organization.

Progressive:

Progressive is one topmost auto insurance companies in the United States. Their customer generally signs up for the policy through the agents.

The organization has a total employee strength of over 33000 and around 400 offices

They market their brand so that they offer highly competitive rates for accidents.

They also get a 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 a subsidiary brand named Insurance which is for people who love branded products.

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

USAA insurance:

The organization was started by 25 US army personnel 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 the 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. Auto insurance forms the biggest share of the company’s business. 

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

Farmers:

This organization started by providing insurance to farmers and coverage to rural farmers for their vehicles.

There are perhaps not many companies that provide so many facilities to the farmers. Along with auto insurance, it also offers pet insurance and insurance for its crops. 

The company markets with the fact that there is no other company that offers so many facilities to farmers.

The company has also made a good name in other insurance fields which also gives a lot of promotion.

Nationwide insurance:

This is one of the top companies and one of the fortune 100 companies that have 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

Travelers car insurance:

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 today.

The company first issued its 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 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 so that they offer highly affordable car insurance.

They also get a 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 have been described which gives great marketing for the company. There are many marketing strategies that they use to take the company forward.

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

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