10 Largest Auto Insurance Companies in United States (2022)

2. Geico

Geico auto insurance is one of the most affordable car insurance providers. It provides nationwide accessibility and a simple buying experience. Geico, which is best known for its ads featuring an animated gecko, has underwritten over 16 million auto policies, covering over 24 million automobiles. Because of its scale, the corporation may employ over 40,000 individuals in nine regional offices, three service centers, and three claims centers. 

Geico auto insurance’s first customers were government and military workers in the United States. Customers in the private sector have now joined the insurance company’s customer base. Geico auto insurance is the top insurer for college students, according to our assessment of the largest vehicle insurance carriers.

 

  • Average annual premium: $1,917
  • Market share: 14%
  • Premiums written: $33.9 bn
  • ValuePenguin rating: 4/5
  • J.D. Power customer satisfaction score: 881

 

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