Car Insurance Providers

 
If you have access to a television, radio, newspaper or internet portal, chances are you have been inundated with advertisements promising to save you a lot of money each year on your car insurance. There are a number of different car insurance providers who are competing rabidly for each others’ business, while courting prospective buyers at the same time by touting “cheaper than the next guy” prices and coverage options.
 
Some of these companies also provide additional services, which allow you to receive your renter’s or homeowners’ insurance at the same place you have car insurance. With all of the information swirling, sometimes a list of facts is more helpful than a celebrity voice over.
 
To follow is a list of major car insurance companies and their corporate information to help you—the consumer—make an informed decision regarding your insurance coverage. They are listed in alphabetical order, and reflect no bias whatsoever.
 
Insurance Company: Allstate
 
Subsidiaries: Ecompass and Esurance
Established: 1931
History: Established as part of Sears, Roebuck & Company until spinning off in 1993
Headquarters: Northfield Township, Illinois
Branches: 12,000 Independent Agents, 70,000 total Employees
Policies: 10.2% of Total Auto Insurance Policies Nationwide (Second largest overall)
Specialties: Auto & Homeowners’ Insurance
Additional Coverage Areas:

  • Boat
  • Comprehensive Personal Liability
  • Manufactured Home
  • Mobile Home
  • Motor Home
  • Motorcycle
  • Off-Road Vehicle
  • Personal Property
  • Recreational Vehicle
  • Renters
  • Small Business Owner

 
Insurance Company: American Family Insurance
 
Subsidiaries: None
Established: 1927
History: Established as Farmers Mutual Insurance Company (no connection to the current Farmers Insurance Company) before changing their name in 1963.
Headquarters: Madison, Wisconsin
Branches: 3,500 Agents in 19 States
Policies: 1.9% of Total Auto Insurance Policies Nationwide
Specialties: Property, Casualty & Auto Insurance
Additional Coverage Areas:

  • Life, Term, Universal & Whole
  • Personal and Business Auto
  • Home Insurance
  • Motorcycle
  • Boat
  • Motor Home
  • Snowmobile
  • Farm and Ranch Liability
  • Travel
  • Trip Cancellation
  • Global Medical Insurance

 
Insurance Company: Farmers Group, Inc. (Subsidiary of Zurich Insurance Group)
 
Subsidiaries:
• 21st Century Insurance
• Farmers Insurance
• Farmers Life
• Foremost Insurance
Established: 1928
History: Established as Farmers Automobile Inter-Insurance Exchange, Farmers Group was acquired by BATUS in 1988, before being acquired by Zurich Financial Services Group in 1998
Headquarters: Los Angeles, California
Branches: 50,000 Independent Agents in 50 States, 24,000 Employees
Policies: 6% of Total Auto Insurance Policies Nationwide
Specialties: Home, Auto, Commercial & Life Insurance
Additional Coverage Areas:

  • Renters
  • Mobile & Manufactured Home/Specialty Home: Landlord & Rental Properties
  • Seasonal & Vacation Homes
  • Flood Insurance through the National Flood Insurance Program
  • Motorcycle
  • Life, Term, Whole and Universal
  • Boat, ATV, RV & Travel Trailers
  • Property
  • Workers’ Compensation

 
Insurance Company: Government Employees Insurance Company: GEICO (Subsidiary of Berkshire Hathaway)
 
Subsidiaries: None
Established: 1936
History: Established by a married couple in Texas to provide auto insurance to federal government employees and their families; expanding to the general public in 1973 and was purchased by Berkshire Hathaway in 1996.
Headquarters: Chevy Chase, Maryland
Branches: 27,000 Associates
Policies: 8.5% of Total Auto Insurance Policies Nationwide
Specialties: Auto Insurance
Additional Coverage Areas: None
 
Insurance Company: Liberty Mutual Group
 
Subsidiaries:
• America First Insurance
• Colorado Casualty
• Golden Eagle Insurance
• Helmsman Management Services
• Indiana Insurance
• Liberty Information Technology
• Liberty International Underwriters
• Liberty Mutual Agency Corporation
• Liberty Mutual Surety
• Liberty Northwest
• Liberty SuretyFirst
• Peerless Insurance
• Peerless Insurance
• Safeco
Established: 1912
History: Founded as Massachusetts Employees’ Insurance Association, and changed its name to Liberty Mutual in 1917.
Headquarters: Boston, Massachusetts
Branches: 45,000 Employees; 900 Locations Worldwide
Policies: 4.5% of Total Auto Insurance Policies Nationwide
Specialties: Property & Casualty Insurance
Additional Coverage Areas:

  • Auto
  • Home
  • Workers’ Compensation
  • Commercial
  • General Liability
  • Global Specialty
  • Group Disability
  • Fire & Surety

 
Insurance Company: Nationwide Mutual Insurance Company
 
Subsidiaries:
• Allied
• Farmland
• Scottsdale
• Titan
• Victoria
Established: 1926
History: Founded as Farm Bureau Mutual Insurance, and changed its name to Liberty Mutual in 1955.
Headquarters: Columbus, Ohio
Branches: 45,000 Employees; 900 Locations Worldwide
Policies: 4.2% of Total Auto Insurance Policies Nationwide
Specialties: Auto & Homeowners’ Insurance
Additional Coverage Areas:

  • Renters’
  • Motorcycle
  • Life, Term, Whole & Universal
  • Flood
  • Boat, ATV & RV
  • Snowmobile
  • Business
  • Travel
  • Farm
  • Pet
  • Identity Theft
  • Liability

 
Insurance Company: The Progressive Corporation
 
Subsidiaries: None
Established: 1937
History: Established as Progressive Casualty Insurance Company in 1937
Headquarters: Mayfield Village, Ohio
Branches: 27,250 Employees; 450 Offices in the USA
Policies: 7.2% of Total Auto Insurance Policies Nationwide
Specialties: Auto Insurance
Additional Coverage Areas:

  • Motorcycle
  • Boat, ATV & RV
  • Snowmobile
  • Commercial

 
Insurance Company: State Farm Insurance
 
Subsidiaries:
• Insurance Placement Services, Inc.
• Plaza One Realty Co.
• SF Insurance Placement Corporation of Canada
• State Farm Associate’s Funds Trust
• State Farm Bank, F.S.B.
• State Farm Cty Mutual Insurance Company of TX
• State Farm Finance Corporation/Canada
• State Farm Fire and Casualty Company
• State Farm Florida Insurance Company
• State Farm General Insurance Company
• State Farm Guaranty Insurance Company
• State Farm Indemnity Company/State Farm Guaranty Insurance Company
• State Farm International Life Insurance Company Ltd.
• State Farm International Service, Inc.
• State Farm Investment Management Corp. (SFIMC)
• State Farm Investor Services (Canada) Co.
• State Farm Life & Accident Assurance Company
• State Farm Life Insurance Company
• State Farm Lloyds
• State Farm Mutual Fund Trust
• State Farm Mutual Insurance Company of Texas
• State Farm Variable Product Trust
• State Farm VP Management Corp. (SFVPMC)
Established: 1922
History: Founded by a retired farmer in 1922 to provide insurance for farm equipment.
Headquarters: Bloomington, Illinois
Branches: 17,700 Agents; 30 Operation Centers, Offices in the USA & Canada
Policies: 18.7% of Total Auto Insurance Policies Nationwide
Specialties: Auto Insurance
Additional Coverage Areas:

  • Homeowners’
  • Renters’
  • Flood
  • Farm & Ranch
  • Business
  • Life, Term, Whole and Universal
  • Health
  • Motorcycle
  • Personal Liability

 
 
Insurance Company: The United Services Automobile Association: USAA
 
Subsidiaries: None
Established: 1922
History: Founded by military officials who insured each other, as they were considered high risk policy holders. The agency only covers military personnel and their families.
Headquarters: San Antonio, Texas
Branches: Eleven Financial Centers, Employees 23,400
Policies: 4.4% of Total Auto Insurance Policies Nationwide
Specialties: Auto Insurance
Additional Coverage Areas:

  • Homeowners’
  • Renters’
  • Personal Property
  • Life, Term, Whole & Universal
  • Annuities
  • Banking

 
Auto insurance rates will vary based on the insured’s driving history, and accountability variables that differ for each agency, including credit scores. Companies may offer a discount based on the number of policies you hold with their organization, but that discounted rate is only accessible through an actual quoting process.