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You are here: Home / Research / Large Auto Insurers Added Market Share in 2016

Large Auto Insurers Added Market Share in 2016

March 30, 2017 By CollisionWeek Editor

The top 25 private passenger auto insurers in the U.S. gained market share in 2016. Change in rank of top 10.

Since 2000, the largest private passenger automobile insurers in the U.S. have been steadily growing their combined market share and more than half of all private passenger auto insurance in the United States is handled by just five companies. The top 25 companies account for more than $4 out of every $5 in auto insurance premiums for the entire market, over 85 percent overall.

According to the final 2016 market share report from the National Association of Insurance Commissioners

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Filed Under: Research Tagged With: Auto Insurance

Comments

  1. jim.porcari@iripartners.com says

    March 30, 2017 at 12:27 pm

    A comment on the growth rates. Geico, Progressive & USAA growth is organic. Liberty Mutual is showing their significant growth mostly as the result of buying Safeco

  2. naoomm@mac.com says

    March 31, 2017 at 11:05 am

    Jim – It would seem at some point the growth would cease to be attributed to the nearly 10 year old acquisition and become organic. Thoughts?

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