10 Largest Auto Insurance Companies in United States (2022)

10. Travelers

Travelers is a solid alternative for auto insurance coverage because of its low complaint rating and a number of discounts. Travelers is one of the oldest insurance firms in the world, having been founded over 160 years ago. In fact, before the Ford Model T was invented, Travelers issued its first auto insurance coverage in 1897. The organization employs over 30,000 people worldwide, with 13,500 independent agents and brokers in the United States, Canada, and Brazil.

Travelers, for example, has a rate pricing tool called IntelliDrive, which decides your rates by using a smartphone app to measure your safe driving behavior. If you demonstrate good driving behaviors while enrolled in IntelliDrive, you might save up to 20% on your annual insurance costs.

 

  • Average annual premium: $2,148
  • Market share: 2%
  • Premiums written: $4.9 bn
  • ValuePenguin rating: 3.5/5
  • J.D. Power customer satisfaction score: 871

 

 

Conclusion

Despite the abundance of huge auto insurance providers, it’s still critical to choose the finest one for your specific situation. We constantly advocate comparing quotes from multiple insurers to obtain low rates that are tailored to your specific driving profile and history. Your quotation will be affected by the sort of vehicle insurance policy you choose, whether it’s minimal or full coverage, so it’s a good idea to have a broad notion of the coverages you’d like before acquiring one.

Minimum-coverage automobile insurance is determined by your state’s minimum auto insurance requirements. Comprehensive and collision coverage is added to full-coverage automobile insurance policies to protect you against physical damage to your vehicle.

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