Top 10 car insurance companies in the U.S.
Nick DiUlio
Here are the top 10 auto insurance companies in the U.S., based on the amount of premium money they collected in 2011 for coverage of private passenger vehicles.
1. State Farm
Premiums: $31,488,620,037
Market share: 18.62 percent
2. Allstate
Premiums: $17,451,278,899
Market share: 10.32 percent
3. Berkshire Hathaway (GEICO)
Premiums: $15,346,176,564
Market share: 9.07 percent
4. Progressive
Premiums: $13,423,204,913
Market share: 7.94 percent
5. Zurich Financial Services (Farmers Insurance)
Premiums: $9,972,073,872
Market share: 5.9 percent
6. USAA
Premiums: $7,778,763,692
Market share: 4.6 percent
7. Liberty Mutual
Premiums: $7,684,231,087
Market share: 4.54 percent
8. Nationwide
Premiums: $6,855,293,147
Market share: 4.05 percent
9. Travelers
Premiums: $3,526,738,412
Market share: 2.08 percent
10. American Family Insurance
Premiums: $3,042,992,183
Market share: 1.80 percent
Source: National Association of Insurance Commissioners