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.
A number of other notables are in the top 20, including USAA, Liberty Mutual, Amica, MetLife, and Mercury General.
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.
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)