Top 5 Largest Car Insurance Companies Advertisements for new insurance companies seem to pop up daily, but only a few have stood the test of time. These enduring companies have adapted their business models over the years to remain competitive. For instance, Liberty Mutual, founded in 1912, initially provided workers’ compensation insurance for businesses. GEICO began in 1936, serving government and military employees before expanding to the general public after Warren Buffet’s Berkshire Hathaway acquired it in 1996. Comparing Car Insurance Quotes When seeking car insurance, it's crucial to compare quotes to find the best rates and coverage. Here are some top choices based on affordability, customer satisfaction, and financial stability. The 5 Best Auto Insurance Companies We evaluated car insurance companies that offer affordable full-coverage premiums Insurance Company Average Monthly Quote: Full Coverage Our Quality Score NJM $75 4.5 USAA $152 4.5 State Farm $175 4.4 American F...
A Comparative Analysis of Leading Car Insurance Companies Here Are the Best Car Insurance Companies in 2024: Best Insurance Company Overall Winner: Travelers Average Annual Full Coverage Rate: $1,681 Best Insurance Company for Affordability Winner: NJM Average Annual Full Coverage Rate: $1,424 Best Insurance Company for Accident Forgiveness Winner: Geico Average Annual Full Coverage Rate: $1,846 Best Insurance Company for Having Few Customer Complaints Winner: American Family Average Annual Full Coverage Rate: $1,791 Best Insurance Company for Financial Strength Winner: Auto-Owners Average Annual Full Coverage Rate: $1,477 Best Insurance Company for Discounts Winner: Amica Average Annual Full Coverage Rate: $2,481 Best Insurance Company for Customer Satisfaction Winner: State Farm Average Annual Full Coverage Rate: $1,976 Best Insurance Company for Military Members Winner: USAA Average Annual Full Coverage Rate: $1,432 How We Found the Best Auto Insurance Our editorial team...