10 best car insurance companies in the US: Choosing the best car insurance company is not just about brand names or prices. For agents and brokers, market share can be a useful filter.
In this article, we’ll rank the 10 best car insurance companies in the US using up-to-date IB+ Data Hub market share figures. Use this guide as a quick starting point when you build shortlists for new business and renewals. It can also help you decide whether a full data hub subscription makes sense for your book.
What are the best car insurance companies by market share?
Car insurance is sold by large national carriers, regional players, and direct writers. Most offer a mix of liability, collision, comprehensive, and other add‐ons that you can tailor to each client’s vehicle and risk profile.
The following are the best car insurance companies in the US, based on market share data from our IB+ Data Hub platform. Subscribe now so you can check out more information, which you can filter by state, year, and other lines of business.
1. State Farm
Market share: 15.80%
State Farm offers a full range of car insurance coverage, including liability, collision, comprehensive, uninsured and underinsured motorist, and medical payments. You can also add rental car and travel expense cover, emergency road service, and a rideshare endorsement for clients who drive Uber or Lyft. Clients can file claims through the app, online, or by phone, which fits busy households and small business owners.
State Farm offers programs like Drive Safe & Save and Steer Clear and various student discounts. These types of coverage can work well for new and safe drivers and families with multiple vehicles.