Best's Review

AM BEST'S MONTHLY INSURANCE MAGAZINE



Best's Rankings
Top 25 US Auto Physical Damage Writers — 2022 Edition

Insurers were ranked by 2021 direct premiums written.
  • October 2022

($ Thousands)

2021
Rank
2020
Rank
Company / Group AMB# 2021
Direct
Premiums
Written
%
Change
in
Premiums
Market Share (%) Adjusted Loss Ratios % of
Company
Premiums
2021 2020 2019 2021 2020 2019
1 1 State Farm Group 000088 $18,107,684 6.4 15.0 15.1 15.0 82.6 62.3 68.7 25.8
2 2 Berkshire Hathaway Ins 000811 15,389,890 12.9 12.7 12.1 12.4 82.3 62.3 66.1 29.8
3 3 Progressive Ins Group 000780 14,857,214 13.3 12.3 11.6 10.8 78.0 57.8 63.2 30.7
4 4 Allstate Ins Group 000008 12,127,024 6.4 10.0 10.1 10.3 59.3 47.4 53.9 29.3
5 5 USAA Group 004080 7,128,580 1.7 5.9 6.2 5.9 71.9 60.7 74.5 28.2
6 6 Liberty Mutual Ins Cos 000060 6,004,309 7.0 5.0 5.0 5.0 58.1 46.8 56.1 14.5
7 7 Farmers Ins Group 000032 5,062,125 4.0 4.2 4.3 4.6 63.6 51.6 59.8 20.2
8 8 Nationwide Group 005987 2,820,969 -2.5 2.3 2.6 2.7 64.2 53.3 59.0 14.5
9 9 Travelers Group 018674 2,777,584 8.7 2.3 2.3 2.2 59.6 44.5 60.5 9.0
10 10 Amer Family Ins Group 000124 2,308,615 9.3 1.9 1.9 2.1 69.0 54.9 63.5 18.4
11 12 Auto-Owners Ins Group 004354 1,913,850 6.0 1.6 1.6 1.5 64.1 57.2 65.4 19.3
12 11 Erie Ins Group 004283 1,910,408 3.5 1.6 1.6 1.6 71.6 60.6 72.2 24.3
13 13 Auto Club Enterprises Ins Group 018515 1,671,256 6.4 1.4 1.4 1.4 68.7 49.0 60.7 35.8
14 14 Kemper PC Companies 018908 1,450,143 10.0 1.2 1.2 1.2 79.5 58.9 58.6 29.7
15 15 CSAA Ins Group 018460 1,346,025 7.0 1.1 1.1 1.2 61.8 48.2 57.8 32.1
16 16 Mercury Gen Group 004524 1,130,678 4.5 0.9 1.0 1.1 58.9 51.7 59.9 29.2
17 17 Hartford Ins Group 000048 822,485 -0.3 0.7 0.7 0.8 56.6 46.1 56.1 6.1
18 18 Auto Club Group 000312 749,239 -1.6 0.6 0.7 0.7 68.5 55.0 64.8 26.6
19 20 Hanover Ins Group Prop & Cas Cos 004861 677,239 8.1 0.6 0.6 0.6 56.2 47.0 58.6 12.5
20 25 Markel Corp Group 018468 654,028 32.0 0.5 0.4 0.4 43.9 41.6 40.1 8.8
21 19 MAPFRE North America Group 018801 652,772 -2.8 0.5 0.6 0.7 56.9 44.3 56.5 28.7
22 21 COUNTRY Financial PC Group 000302 562,951 4.1 0.5 0.5 0.5 61.1 56.5 64.6 20.2
23 23 Cincinnati Ins Cos 004294 536,004 4.0 0.4 0.5 0.4 55.3 43.4 55.1 8.9
24 22 Chubb INA Group 018498 535,515 -0.3 0.4 0.5 0.5 49.3 53.3 55.9 2.0
25 26 Shelter Ins Cos 000598 513,872 5.3 0.4 0.4 0.4 72.5 62.4 66.8 26.7
Top 25 Writers $101,710,459 7.6 84.0 83.7 83.8 71.7 55.8 63.2 21.6
Total U.S. P/C Industry $121,099,818 7.2 100.0 100.0 100.0 70.4 55.5 62.6 15.2

Reflects Grand Total (includes Canada and U.S. Territories).

Source: BestLink logo— State/Line (P/C Lines) - P/C, US; data as of July 15, 2022.



There’s So Much to Cover—Don’t Miss the Latest

Get more news stories like this delivered to your inbox by signing up for our article spotlights.

Subscribe

Back to Home