When you shop for a homeowners insurance company, there’s a good chance you’ll end up picking one of the nation’s largest insurers.
The 20 largest homeowners insurance companies in North America account for more than 70% of the market, and it’s easy to understand why. Besides having recognizable names, the largest insurers tend to be time-tested and financially secure.
State Farm is the largest homeowners insurance company by a wide margin. For homeowners coverage, it’s more than twice as big as Allstate, the next largest insurer.
These are the 20 largest homeowners insurance companies, listed from largest to smallest by market share. Many offer other types of policies as well, so you might be able to get a discount by bundling home and auto coverage. This chart, however, includes only their premiums and market share for homeowners insurance.
Largest homeowners insurance companies
|Company||Premiums written in 2019||Market share|
|Source: National Association of Insurance Commissioners
* USAA is available only to active military members, veterans and their families.
|State Farm||$18.7 billion||18%|
|Liberty Mutual||$6.7 billion||6.5%|
|American Family||$4.1 billion||3.9%|
|Universal Insurance Holdings||$1.2 billion||1.2%|
|The Hartford||$952 million||0.9%|
|CSAA (offered through AAA auto clubs)||$947 million||0.9%|
|UPC Insurance||$861 million||0.8%|
|Auto Club of SoCal (offered through AAA)||$850 million||0.8%|