2026 Best's Rankings: Auto Physical Damage DPW Decline in Two of Five Top States
OLDWICK, N.J. //BestWire// - Automobile physical damage direct premiums written declined last year in two of the five largest states, according to a new Best's Rankings report.
Premiums increased 1.3% to $177.4 billion across the United States and its territories or commonwealths and Canada.
They declined 3.1% in No. 2 Texas to $16.85 billion. The 5.3% drop in No. 3 Florida, to $10.7 billion, was the greatest among the 50 states.
Auto physical damage DPW rose 5.4% to $24.21 billion in the top state for the line, California. It had 13.6% of the grand total DPW. DPW also rose in No. 4 New York and No. 5 Pennsylvania.
Hawaii posted the greatest increase in DPW among the states, up 9% to $541.3 million.
State Farm Group, Progressive Insurance Group and Berkshire Hathaway Insurance dominated the rankings' list of leading writer and second leader in each state, based on market share.
The ranking lists 2025 and 2024 auto physical damage direct premiums written, market share delineated by agency and direct written and as a percentage of the grand total, percent change year-over-year. the two largest writers in each state and their market share.
The Best's Rankings includes the 50 U.S. states, the District of Columbia, Guam, Puerto Rico, the U.S. Virgin Islands, Canada, Northern Mariana Islands and other.
Learn more about Best’s News and Research Service.
Subscribers can access the report and data here.
AM Best data sourced from Best’s Financial Suite, US.
(By Renée Kiriluk-Hill, senior associate editor, BestWire: Renee.Kiriluk-Hill@ambest.com)