10 Largest Auto Insurance Companies in United States (2022)

6. Farmers

Farmers auto insurance provides reasonable savings, a variety of coverage options, and excellent customer service. Farmers’ high prices, on the other hand, maybe a turnoff for certain customers. Farmers auto insurance originated as an insurance firm that covered the automobiles of farmers. Since then, it has grown to become the country’s sixth-largest insurance company.

Farmers auto insurance is one of the few insurance companies that offer as many products as they do. Among other insurance products, it offers auto insurance, pet insurance, and even investment options. Farmers employ almost 13,000 workers throughout all 50 states and insures over 19 million policies.

 

  • Average annual premium: $2,521
  • Market share: 5%
  • Premiums written: $12.2 bn
  • ValuePenguin rating: 3.5/5
  • J.D. Power customer satisfaction score: 893

 

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