The American auto insurance sector is characterised by the existence of a lot of players. Many are large general insurance providers which have diversified into auto insurance and a few are pure play auto insurance providers. Here are the notable players in auto insurance business.
Condition Farm Insurance coverage is one particular company. It’s a national insurance provider and among the greatest general insurance providers in america. For 2002, the organization were built with a revenue of approximately $56 billion. Headquartered in Bloomington, Illinois, Condition Farm Insurance is an extremely popular auto insurance carrier in america. Having a nationwide network of branches and engaging reduced prices for various groups of individuals SFI comes with an edge over its competitors. SFI can also be the biggest insurer of cars, trucks and SUVs in america.
American Worldwide Group or AIG is yet another big company. It’s the second largest general insurer as well as the second largest auto insurer in america. The Maqui berry farmers Insurance Number of Companies is among the largest general insurer and also the third largest auto insurer in america. Like SFI, the corporation also has a sizable network of branches out of all states in america.
Aside from these, there are more players within the American market. A number of them are twenty-first century Auto Insurance Group, that has its strength in auto insurance space and are operating in eight states. Some niche players include Auto Proprietors Insurance, that has been operating in america since 1916 so they cover 22 states nationwide.
One of the things from the American auto insurance space is the fact that there’s room for those players ? general insurers who’ve diversified into auto insurance business and auto insurance specialists.