Data from the National Association of Insurance Commissioners (NAIC) says the five insurance companies that write the most homeowners policies in the U.S. have an average share of the market topping 6%. The combined direct written premiums by those same five companies is more than $278 million.
Here are the top-20 insurers doing the most homeowners insurance in the U.S.
1. State Farm
2022 market share: 9.15%
Cumulative market share: 9.15%
Direct written premiums: $78,643,121,353
2. Berkshire Hathaway
2022 market share: 6.62%
Cumulative market share: 15.77%
Direct written premiums: $56,879,630,785
3. Progressive
2022 market share: 6.09%
Cumulative market share: 21.86%
Direct written premiums: $52,326,628,351
4. Allstate
2022 market share: 5.30%
Cumulative market share: 27.16%
Direct written premiums: $45,512,585,131
5. Libery Mutual
2022 market share: 5.26%
Cumulative market share: 32.41%
Direct written premiums: $45,165,301,438
6. Travelers
2022 market share: 4.00%
Cumulative market share: 36.41%
Direct written premiums: $34,347,685,509
7. Chubb
2022 market share: 3.50%
Cumulative market share: 39.91%
Direct written premiums: $30,069,056,644
8. USAA
2022 market share: 3.13%
Cumulative market share: 43.04%
Direct written premiums: $26,864,180,934
9. Farmers
2022 market share: 3.07%
Cumulative market share: 46.11%
Direct written premiums: $26,416,672,176
10. Nationwide
2022 market share: 2.37%
Cumulative market share: 48.48%
Direct written premiums: $20,323,219,939
These are the bottom 20:
11. Zurich
12. AIG
13. The Hartford
14. CNA
15. Tokio Marine
16. Auto-Owners Insurance
17. Fairfax Financial
18. American Family Insurance
19. Berkley Insurance
20. Assurant
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