Combined loss ratio of largest car insurance companies in the U.S. 2015

In 2015, State Farm had the largest combined loss ratio out of all leading car insurance companies in the United States.

Car Insurance

Car insurance seeks to protect motor vehicle drivers and pedestrians in cases of accidents and damage. In the United States, almost all states require vehicle insurance on registered cars. There are some exceptions, where uninsured motor vehicle fees can be paid. Car insurance is more expensive for young drivers, as they are deemed more of a liability. Premium prices decrease as the driver gets older. Almost half of the consumers in the United States found that their car insurance companies were largely trustworthy. However, only a small margin of consumers found peer-to-peer car insurance trustworthy.

Car Insurance Companies

In addition to having the largest combined loss ratio in 2015, State Farm also had the largest market share among leading writers of private passenger auto insurance companies in the United States in terms of direct premiums written. Furthermore, they spent the most amount of money on advertising spending in the United States compared to other leading personal auto insurance companies that same year.

Combined loss ratio of leading car insurance companies in the United States in 2015

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% Discount until September 30th
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

May 2016

Region

United States

Survey time period

2015

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Car insurance in the United States"

Further Content: You might find this interesting as well

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.