Car insurance companies in the US: 2022 ranking

Figures in billion USD

2022 RankingCompaniesTurnover (1)2021-2022 evolution2022 shares
20222021
1Progressive48.1944.228.98%14.31%
2State Farm47.8742.512.64%14.22%
3Berkshire Hathaway39.8439.11.89%11.83%
4Allstate30.928.378.92%9.18%
5United Serv Automobile16.4115.734.32%4.87%
6Liberty mutual16.0514.4810.84%4.77%
7Farmers Insurance13.7713.253.92%4.09%
8Travelers8.978.38.07%2.66%
9Nationwide Corporation7.157.25-1.38%2.12%
10American Family5.835.771.04%1.73%
11Auto Owners5.124.767.56%1.52%
12Erie Insurance4.384.116.57%1.30%
13Auto Club Enterprises4.013.727.80%1.19%
14Kemper Corporation3.614.55-20.66%1.07%
15CSAA Insurance3.082.964.05%0.92%
16Hartford Fire & Cas3.042.789.35%0.90%
17Mercury General2.572.87-10.45%0.76%
18Old Republic2.252.0211.39%0.67%
19Sentry Insurance2.252.0211.39%0.67%
20Automobile Club MI Group1.941.87.78%0.58%
21Zurich1.771.619.94%0.53%
22The Hanover Insurance1.351.63-17.18%0.40%
23Mapfre1.311.49-12.08%0.39%
24Chubb1.291.79-27.93%0.38%
25WR Berkley Corporation1.241.112.73%0.37%
Total of the first 25 companies274.19258.186.20%81.43%
Rest of the market62.5357.428.90%18.57%
Grand total336.72315.66.69%100%

(1) Personal and professional car insurance

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