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There are countless car insurance companies to choose from. To help you decide which is the right one for you, NerdWallet compiled a list of the largest car insurance companies we’ve reviewed.
Our reviews should make it easier to size up policy options, consumer complaint data, customer satisfaction ratings and financial strength data. While you decide on the best insurance company, look for a reputable insurer that offers the coverage you need at an affordable price.
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.
List of car insurance companies
Below, you’ll find a full list of car insurance companies that our editorial team has rated and reviewed.
Before you settle on one insurance company, compare quotes from a few insurers. You’ll see which insurers have more affordable rates and it’ll be easier to avoid overpaying for coverage.
List of the biggest car insurance companies
You’ve likely heard of the largest car insurers: State Farm, Progressive, GEICO and Allstate. Together, these four companies make up over half of the personal auto insurance market in the U.S.
Some of the other companies rounding out the top 10 list of largest car insurers might also look familiar.
| Rank | Company | Market share in 2023 |
|---|---|---|
| 1 | 18.87% | |
| 2 | 16.72% | |
| 3 | 11.63% | |
| 4 | 10.19% | |
| 5 | 6.16% | |
| 6 | 3.76% | |
| 7 | 3.27% | |
| 8 | 2.00% | |
| 9 | 1.80% | |
| 10 | 1.72% |
What to know about the biggest car insurance companies
Larger insurers often have advantages over small car insurance companies, like greater financial strength and stability, a wider network of agents and claims adjusters, 24-hour customer service and a better digital experience.
But there’s more to an insurer than size. Below, you’ll find more information about each of the largest auto insurance companies on our list, including pros, cons and the latest available consumer complaint data from the National Association of Insurance Commissioners.
1. State Farm
State Farm
State Farm is a popular insurer that provides personalized service to its customers.
Discounts
Great set of discounts Discounts
Great set of discounts Ease of use
Above average Ease of use
Above average NAIC complaints
Close to expected NAIC complaints
Close to expected Read the full review: State Farm auto insurance
2. Progressive
Progressive
Progressive offers a variety of discounts and insurance products to cater to most people, though there’s room for improvement when it comes to customer satisfaction.
Discounts
Great set of discounts Discounts
Great set of discounts Ease of use
Above average Ease of use
Above average NAIC complaints
Fewer than expected NAIC complaints
Fewer than expected Read the full review: Progressive auto insurance
3. GEICO
GEICO
With nationwide availability and a raft of discounts, GEICO is a popular, and often affordable, choice for car insurance.
Discounts
Great set of discounts Discounts
Great set of discounts Ease of use
Above average Ease of use
Above average NAIC complaints
Fewer than expected NAIC complaints
Fewer than expected 4. Allstate
Allstate
This insurance giant is worth a look for those who can qualify for its many discounts and plan to purchase several types of insurance from the same company.
Discounts
Average set of discounts Discounts
Average set of discounts Ease of use
Above average Ease of use
Above average NAIC complaints
Close to expected NAIC complaints
Close to expected Read the full review: Allstate auto insurance
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.5. USAA
USAA
USAA offers auto insurance to active military, veterans, certain federal employees and their families only.
Discounts
Great set of discounts Discounts
Great set of discounts Ease of use
Above average Ease of use
Above average NAIC complaints
More than expected NAIC complaints
More than expected Read the full review: USAA auto insurance
6. Farmers
Farmers
One of the country's largest insurers, Farmers offers a long list of discounts and plenty of ways to customize your coverage.
Discounts
Great set of discounts Discounts
Great set of discounts Ease of use
Above average Ease of use
Above average NAIC complaints
Close to expected NAIC complaints
Close to expected Read the full review: Farmers auto insurance
7. Liberty Mutual
Liberty Mutual
Liberty Mutual offers a long list of discounts, plus robust digital tools on its website and app.
Discounts
Great set of discounts Discounts
Great set of discounts Ease of use
Above average Ease of use
Above average NAIC complaints
More than expected NAIC complaints
More than expected Read the full review: Liberty Mutual auto insurance
8. Travelers
Travelers
Travelers offers a broad range of coverage options and discounts to help you customize your car insurance policy.
Discounts
Great set of discounts Discounts
Great set of discounts Ease of use
Above average Ease of use
Above average NAIC complaints
Fewer than expected NAIC complaints
Fewer than expected Read the full review: Travelers auto insurance
9. Auto Club (AAA)
Auto Club Group
AAA auto insurance is generally only available to members, but the perks and discounts might make joining worth it.
Discounts
Great set of discounts Discounts
Great set of discounts Ease of use
Average Ease of use
Average NAIC complaints
Close to expected NAIC complaints
Close to expected Read the full review: Auto Club auto insurance
10. American Family
American Family
American Family offers a wide range of coverage, including rideshare and gap insurance, but doesn’t sell policies in all states.
Discounts
Great set of discounts Discounts
Great set of discounts Ease of use
Above average Ease of use
Above average NAIC complaints
Fewer than expected NAIC complaints
Fewer than expected Read the full review: American Family insurance
See what you could save on car insurance
Easily compare personalized rates to see how much switching car insurance could save you.
Are larger insurance companies cheaper?
Large insurance companies don’t always have cheaper rates than smaller, regional insurers. As the following table shows, smaller insurers sometimes have lower rates than their larger competitors.
The company with the cheapest car insurance rates can change even across different parts of the same city. The cost of insurance depends on location, as well as other personal factors like your age, vehicle and driving history — no two drivers will have the same rate.
Rates from large insurance companies
Here’s how rates at large insurance companies compare with each other.
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| Travelers | $1,664 | $139 |
| GEICO | $2,057 | $171 |
| USAA* | $1,584 | $132 |
| Progressive | $2,059 | $172 |
| State Farm | $2,123 | $177 |
| American Family | $2,714 | $226 |
| Nationwide | $2,768 | $231 |
| Allstate | $3,189 | $266 |
| Farmers | $4,047 | $337 |
*USAA is only available to military, veterans and their families.
Rates from midsize auto insurance companies
Here’s how rates at smaller insurance companies compare with each other. Auto Owners has the largest market share in this group (1.44%), while others in this group have market shares that are less than 1%.
| Company | Median annual rate | Median monthly rate |
|---|---|---|
| American National | $1,586 | $132 |
| California Casualty | $1,600 | $133 |
| CSAA | $1,614 | $135 |
| Shelter | $1,758 | $147 |
| Auto Club of SoCal | $1,772 | $148 |
| Central Insurance | $1,782 | $149 |
| Erie | $1,812 | $151 |
| Auto-Owners | $2,049 | $171 |
| Pure | $2,153 | $179 |
| The Hartford | $2,277 | $190 |
Finding the right car insurance company for you
The right insurer depends on the amount of coverage you need. While states have minimum requirements that all drivers must carry, you can decide to add any extra coverage, like gap insurance, custom equipment coverage.
You’ll be able to narrow down your list of insurers when you know what types of auto insurance you need, since not every insurance company has the same offerings. Then, it’s a matter of finding one in your budget with acceptable customer service.
Here are some tips for finding the right company and getting insured:
Collect some basic information. This includes the driving history of the licensed drivers in your home, as well as facts about your car, such as safety features and estimated annual miles driven. Having this information on hand will make shopping go a lot quicker.
Determine which types of coverage you need. For example, do you want only the bare minimum insurance that your state requires, or do you want full coverage insurance and extra coverage options. Check that each company you’re considering has the options you want.
Compare apples to apples. When comparing rates from different insurers, make sure each offers the same coverage limits and deductibles. You may not want to make your decision based on price alone. Pay attention to the complaints each company has, as a high number of complaints could be a red flag about the quality of service you'll receive.
Don’t forget about the smaller insurance companies. When shopping for car insurance, consider a wide range of choices. We offer a list of the nation's biggest car insurance companies to smaller, regional insurers that you might not have been aware of before comparing quotes.
Consider switching insurance companies. Your car insurance rates won’t stay the same year after year. Before renewing your policy, shop around for coverage and make sure you’re still getting a good deal. If another insurer offers you cheaper rates, consider switching your policy.
» MORE: How to get car insurance
Methodology
NerdWallet found median rates based on public filings obtained by pricing analytics company Quadrant Information Services. We examined rates for men and women for all ZIP codes in any of the 50 states and Washington, D.C. Although it’s one of the largest insurers in the country, Liberty Mutual is not included in our rates analysis due to a lack of publicly available information.
In our analysis, “good drivers” had no moving violations on record; a “good driving” discount was included for this profile. Our “good” and “poor” credit rates are based on credit score approximations and do not account for proprietary scoring criteria used by insurance providers.
These are median rates, and your rate will vary based on your personal details, state and insurance provider.
Sample drivers had the following coverage limits:
$100,000 bodily injury liability coverage per person.
$300,000 bodily injury liability coverage per crash.
$50,000 property damage liability coverage per crash.
$100,000 uninsured motorist bodily injury coverage per person.
$300,000 uninsured motorist bodily injury coverage per crash.
Collision coverage with $1,000 deductible.
Comprehensive coverage with $1,000 deductible.
$100,000 bodily injury liability coverage per person.
$300,000 bodily injury liability coverage per crash.
$50,000 property damage liability coverage per crash.
$100,000 uninsured motorist bodily injury coverage per person.
$300,000 uninsured motorist bodily injury coverage per crash.
Collision coverage with $1,000 deductible.
Comprehensive coverage with $1,000 deductible.
In states where required, minimum additional coverages were added. We used the same assumptions for all other driver profiles, with the following exceptions:
For drivers with minimum coverage, we adjusted the numbers above to reflect only the minimum coverage required by law in the state.
We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit. In states where credit isn’t taken into account, we used only rates for “good credit.”
For drivers with one at-fault crash, we added a single at-fault crash costing $10,000 in property damage.
For drivers with a DUI, we added a single drunken driving violation.
For drivers with a ticket, we added a single speeding violation for driving 16 mph over the speed limit.
For drivers with minimum coverage, we adjusted the numbers above to reflect only the minimum coverage required by law in the state.
We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit. In states where credit isn’t taken into account, we used only rates for “good credit.”
For drivers with one at-fault crash, we added a single at-fault crash costing $10,000 in property damage.
For drivers with a DUI, we added a single drunken driving violation.
For drivers with a ticket, we added a single speeding violation for driving 16 mph over the speed limit.
We used a 2023 Toyota Camry LE in all cases and assumed 12,000 annual miles driven. We analyzed rates for drivers of the following ages: 20, 30, 35, 40, 50, 60 and 70.
These are rates generated through Quadrant Information Services. Your rates will be different.
25 Most Popular Vehicles Methodology
NerdWallet found median insurance estimates based on data collected about the largest insurers in all 50 states and Washington, D.C. Rates were for 35-year-old male and female drivers with good credit, no tickets or violations, and with the following coverage limits:
$100,000 bodily injury liability coverage per person.
$300,000 bodily injury liability coverage per crash.
$100,000 property damage liability coverage per crash.
$100,000 uninsured motorist bodily injury coverage per person.
$300,000 uninsured motorist bodily injury coverage per crash.
Collision coverage with $1,000 deductible.
Comprehensive coverage with $1,000 deductible.
$100,000 bodily injury liability coverage per person.
$300,000 bodily injury liability coverage per crash.
$100,000 property damage liability coverage per crash.
$100,000 uninsured motorist bodily injury coverage per person.
$300,000 uninsured motorist bodily injury coverage per crash.
Collision coverage with $1,000 deductible.
Comprehensive coverage with $1,000 deductible.
In states where required, minimum additional coverages were added. Some policies include additional coverages at the insurer’s discretion. These are sample rates generated through Quadrant Information Services. Your own rates will be different.
Vehicles listed were among the top-selling models in the U.S. in 2023, according to data collected by Kelley Blue Book. Starting MSRP and insurance rates are for 2024 models.
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