State Farm tops the listing of the most important auto insurance coverage corporations, controlling 16.15% of the market and gathering over $40 billion in annual premiums. That is almost $7 billion greater than Geico, the subsequent largest service. Progressive, Allstate, and USAA spherical out the highest 5.
Auto insurance coverage is a aggressive trade, as customers steadily store round with a view to get the perfect charges. It is also an trade the place the most important corporations hold scooping up extra of the market.
Learn on to seek out out the market shares of the most important carriers, the