Complete List of Auto Insurance Companies

Whether you are shopping for a new vehicle or have owned it for years, protecting your car from an on-the-road incident or theft is important. Moreover, finding the right auto insurance company that provides you with the coverage you need is at the top of your list.

In my 9 years of auto insurance experience as a licensed insurance agent, I have researched dozens of providers and learned from personal experience, and readers like you, what we look for in an auto insurance company. In this piece we have listed the companies that provide auto insurance and how they rank by size.

Auto Insurance Companies

Auto insurance rates will vary depending on your location, your driving record, and the vehicle you are driving. The type of coverage you select will also be a factor in your premium.

Here is a list of 48 of the top auto insurance companies in the United States. It is important to remember that while most auto insurance companies cover you in every state, if you move, you will need to notify your insurance company and possibly change auto insurance providers.

This is not an all-encompassing list, there are smaller companies that are regional; these are the major companies that provide auto insurance in the United States. To find a regional company, speak with an insurance broker in your area.

Largest Car Insurance Companies

Out of the above 49 companies, these are the largest insurance companies based upon their market share. They have a wider availability than the other companies, thus can provide auto insurance to a higher number of individuals seeking coverage.

As of 2023, State Farm has the largest auto insurance imprint with a market share of 18.31% of those on the road. Progressive isn’t far behind at 15.24%. Keep in mind this is simply stating that these are a percentage of drivers who are insured by these companies and not which company has the best insurance rates.

Compare Quotes

You never want to click ‘buy now’ on the first quote you receive. All insurance companies and plans are not created equal. Shop at least three companies before making your selection. Here are some pointers when you shop:

• Have all your personal information together. Names, birthdates, and driving history. Dates are important.
• Know your annual mileage. This is important to your quote. How far you drive is factored in how much of a risk you are on the road.
• Be honest. Don’t try to hide an accident or ticket. The company will find out when they pull your MIB record. The quote you receive will change when they do.

Some insurance companies are more lenient when it comes to a driver’s age and forgiving when a driver has a single accident or ticket on their record. The important part is to be honest when you compare quotes.

Finding the right car insurance company

As we mentioned, it is best to shop around. Do not settle on the first company you request a quote from. There are many factors insurance companies’ rate on and some will be more lenient to some drivers. Programs and discounts such as:

Accident Forgiveness

Some insurance companies do not penalize you if you have a single at fault auto accident. Meaning your rates will not increase if you do not have another incident over a certain period of time.

Multi-Policy Discount

Most insurance companies offer this benefit. It’s also called bundling. It is when you have additional insurance policies with them such as a homeowners, renters, or motorcycle. This will bring a discount as long as you keep all policies with the same company.

Safe Driver

If you obey traffic laws and maintain safe driving habits, you can save with this discount. Safe Driver is usually tied to a tracker within your vehicle that monitors driving habits like speed, acceleration, and braking.

Auto Pay and Paid-in Full

Setting your payments up to draw automatically can give a discount as can paying in full instead of month-to-month. Paying in full can provide you with a percentage discount. With some companies you may receive up to a month free.

Annual Mileage

A low-mileage discount is great for vehicles that you use for around town. Maybe a second vehicle you don’t use much or a child’s vehicle that they only use when they are home from school.

Having a family and including them can increase rates, especially if you have teens in the home. However, if they are a college student, they can receive a discount if they are a full-time student and receiving above a certain GPA.

Drivers can also receive discounts on the length of time they go without having tickets or accidents. One benefit some companies offer is vanishing deductible. The longer you go without an incident, your deductible is lowered.