Top Auto Insurance Companies in Texas
The top auto insurance companies in Texas are State Farm, Farmers, and Allstate, with State Farm making up one-fifth of the state’s auto insurance market (20.3 percent) with roughly $2.66 billion in written premiums. Scroll down to see how your provider lands on this list of the top car insurance companies in Texas.
Free Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
|
Written by
Shuman Roy
|
|
Reviewed by
Joel Ohman
|
UPDATED: Jul 19, 2021
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider. Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance related. We update our site regularly, and all content is reviewed by life insurance experts.
Below is a list of the top auto insurance companies in Texas, based on written insurance premium. Keep in mind that these companies aren’t necessarily the top rated, just the most frequently used.
As you can see, State Farm was the top auto insurance provider in Texas in 2009 (the most recent data available), according to a recent report from the Independent Insurance Agents of Texas.
The company grabbed 20.3% market share with roughly $2.66 billion in written premium, followed by Farmers, which raked in 13.4% market share with slightly more than $1.76 billion in written premium.
Allstate grabbed the third spot with 11.8% market share and $1.55 billion in written premium, followed closely by Progressive, with 8% market share and $1.04 billion in written premium.
Rounding out the top five was GEICO (Berkshire Hathaway), with 6.8% market share and $890 million in written premium.
[See: Top U.S. auto insurers by market share]
A number of other notables are in the top 20, including USAA, Liberty Mutual, Amica, MetLife, and Mercury General.
FYI, this report looks at total insurance written for both private passenger liability insurance and physical damage coverage.
You will notice a lot of the usual suspects here. You may also be surprised to find a number of companies you’ve never heard of.
This is proof that a company doesn’t necessarily have to advertise on television to be a top insurer.
Get insurance quotes online and/or contact your local independent agent if you’re in the market for a new insurance policy or want to see if what you currently pay is reasonable.
Remember, the insurance company with the greatest volume may not be the most cost effective choice for you and your insurance needs.
Read more: How are car insurance rates determined?
(top photo: littleblackspotonthesuntoday)