US Motor Insurance Market Share

Statistics for the 2023 & 2024 US Motor Insurance market share, created by Mordor Intelligence™ Industry Reports. US Motor Insurance share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of US Motor Insurance Industry

The report covers the major players operating in the US Motor Insurance Market. The market is Consolidates due to the top 5 companies hold more than 50% market share. The mandatory requirement for a vehicle to be insured across the united states, coupled with the estimated increased number of sales of vehicles, is expected to drive the motor insurance market during the forecast period.

US Motor Insurance Market Leaders

  1. State Farm Mutual Automobile Insurance

  2. Berkshire Hathaway Inc.

  3. Progressive Corp.

  4. Allstate Corp.

  5. USAA Insurance Group

*Disclaimer: Major Players sorted in no particular order

State Farm Mutual Automobile Insurance, Berkshire Hathaway Inc., Progressive Corp., Allstate Corp., USAA Insurance Group

United States Motor Insurance Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)