Cheap Quotes From The Top 10 Auto Insurance Companies
In this article, we will list and elaborate on the top 10 cheap auto insurance companies in the USA. How did we compose our list? We reviewed numerous other top 10 lists and took the names of the companies mentioned most often on these lists. For our study, we used auto insurance company review and rating sites.
Top 10 Auto Insurance Carriers in the USA (in order):
- Progressive
- Esurance
- GEICO
- Mercury
- State Farm
- 21st Century
- AAA
- Allstate
- Farmers
- Nationwide
As you can see, these are all large and sound auto insurance providers, which operate in most all states. Most all of these providers have high ratings from A.M. Best, J.D. Power, and Standard & Poor. Let’s take a more detailed look at each of these top auto insurers:
Progressive: founded in 1937; revenue – around $15 Billion; about 25,000 employees; headquartered in Mayfield Village, Ohio.
Esurance: founded in 1998; revenue – around $800 Million; about 1,700 employees; headquartered in San Francisco, California.
GEICO: founded in 1936; revenue – around $9 Billion; about 24,000 employees; headquartered in Chevy Chase, Maryland.
Mercury: founded in 1961; revenue – around $3 Billion; about 5,000 employees; headquartered in Los Angeles, California.
State Farm: founded in 1922; revenue – around $61 Billion; about 68,000 employees; headquartered in Bloomington, Illinois.
Farmers: founded in 1928; revenue – around $6 Billion; about 26,000 employees; headquartered in Los Angeles, California.
Allstate: founded in 1931; revenue – around $30 Billion; about 40,000 employees; headquartered in Northbrook, Illinois.
Nationwide: founded in 1926; revenue – around $22 Billion; about 36,000 employees; headquartered in Columbus, Ohio.
AAA (American Automobile Association): founded in 1902; revenue – not available; employees; not available - headquartered in Heathrow, Florida.
Keep in mind that in order to find the best company, you need to see their current ratings at the time of your research. Company ratings change quite often, so it is essential to look for the most up-to-date information. The ratings you need to look into include those from: A.M. Best, J.D. Power, and Standard & Poor. Furthermore, you need to visit your state department of insurance and see the number of complaints filed for each company within the last year. Finally, obtain cheap auto insurance quotes from each company and compare them. This type of approach will help you find the best auto insurance provider at the time of your research.
Don’t forget that there are dozens of other great auto insurance companies, which were a hair less popular, and did not appear on our list. These car insurance companies are worth your consideration as well. They include: American Family, Explorer, GMAC, Infinity, Liberty Mutual, Unitrin, and others.
It’s impossible to predict which company will beat its competitors during the next year, so you need to check this prior to purchasing your policy. Also, it’s impossible to predict which of the companies will offer the best quotes to you, so you need to request a quote from each one to find that out. When you purchase the coverage, make sure you understand it all in detail; when all said and done, you will have purchased a great policy from an excellent carrier.
