Leading writers of private passenger auto insurance in the U.S. 2018, by premiums

State Farm Mutual Automobile Insurance was the leading U.S. private passenger car insurer in 2018, with premiums written amounting to approximately 41.96 billion U.S. dollars. Berkshire Hathaway Inc. and Progressive Corporation were the next largest insurers in that sector, with 33.08 and 27.06 billion U.S. dollars respectively.

State Farm: a background

State Farm Mutual Automobile Insurance was founded in 1922 and is headquartered in Bloomington, Illinois. In 2018, the insurer was the largest writer of property and casualty insurance in the United States. They provide vehicle, homeowners, renters, life and annuities, health, disability and flood insurance among several other insurance products.

Future of State Farm

Despite their market leader status, their net promoter score puts them in the middle of the pack with only 42 percent of their customers saying they would recommend the insurer. However, their foray into the provision of usage-based insurance may increase customer loyalty as customers become more tech-savvy.

Leading writers of private passenger auto insurance in the United States in 2018, by direct premiums written

Direct premiums written in billion U.S. dollars
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Sources

Release date

August 2019

Region

United States

Survey time period

2018

Supplementary notes

Figures have been rounded.

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Statistics on "Car insurance in the United States"

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