Introduction
The insurance industry in the United States is a complex and competitive market, with numerous companies offering a wide range of products and services. Choosing the right insurance company can be a daunting task, especially for those who are new to the industry. In this guide, we will explore the top 20 best insurance companies in the United States, providing an in-depth look at their history, products, financial stability, and customer satisfaction.
- State Farm (1922) – 80 million policies in force
State Farm is the largest insurance company in the United States, offering a wide range of products, including auto, home, life, and health insurance.
- Berkshire Hathaway (GEICO, Gen Re, etc.) (1839) – Multinational conglomerate
Warren Buffett’s Berkshire Hathaway is a multinational conglomerate with a significant presence in the insurance industry, offering a variety of insurance products through its subsidiaries.
- UnitedHealthcare (1977) – 50 million members
As the largest health insurance company in the United States, UnitedHealthcare provides coverage to over 50 million people, offering a range of health insurance plans.
- Allstate (1931) – 16 million policies in force
With over 16 million policies in force, Allstate is one of the largest property and casualty insurance companies in the United States, offering a range of products.
- Liberty Mutual (1912) – 17 million policies in force
Liberty Mutual is a global insurance company with over 17 million policies in force, offering a range of products, including auto, home, and workers’ compensation insurance.
- USAA (1922) – 12 million members
USAA is a specialized insurance company serving military personnel and their families, offering a range of products, including auto, home, and life insurance.
- Progressive (1937) – 13 million policies in force
With over 13 million policies in force, Progressive is a popular choice for auto insurance, also offering other products, including home and life insurance.
- Anthem (2004) – 40 million members
Anthem is a leading health insurance company with over 40 million members, offering a range of health insurance plans.
- Aetna (1853) – 22 million members
Aetna is a health insurance company with over 22 million members, offering a range of health insurance plans.
- Cigna (1792) – 15 million members
Cigna is a global health insurance company with over 15 million members, offering a range of health insurance plans.
- Humana (1961) – 14 million members
Humana is a health insurance company with over 14 million members, offering a range of health insurance plans.
- MetLife (1868) – 100 million customers
MetLife is a global insurance company with over 100 million customers, offering a range of products, including life, auto, and home insurance.
- Prudential Financial (1875) – 50 million customers
Prudential Financial is a global insurance company with over 50 million customers, offering a range of products, including life, auto, and home insurance.
- Travelers (1853) – 10 million customers
Travelers is a global insurance company with over 10 million customers, offering a range of products, including auto, home, and business insurance.
- Nationwide (1926) – 10 million customers
Nationwide is a global insurance company with over 10 million customers, offering a range of products, including auto, home, and life insurance.
- AAA (1902) – 50 million members
AAA is a membership-based insurance company with over 50 million members, offering a range of products, including auto, home, and life insurance.
- Farmers Insurance (1928) – 10 million customers
Farmers Insurance is a global insurance company with over 10 million customers, offering a range of products, including auto, home, and life insurance.
- Esurance (1999) – 5 million customers
Esurance is a digital insurance company with over 5 million customers, offering a range of products, including auto, home, and life insurance.
- Amica Mutual (1907) – 1.5 million customers
Amica Mutual is a mutual insurance company with over 1.5 million customers, offering a range of products, including auto, home, and life insurance.
- Erie Insurance (1925) – 5 million customers
Erie Insurance is a regional insurance company with over 5 million customers, offering a range of products, including auto, home, and life insurance.
Conclusion
Choosing the right insurance company can be a daunting task, but by understanding the top 20 best insurance companies in the United States, consumers can make informed decisions about their insurance needs. These companies offer a range of products and services