Top 3 Car Insurance Companies in Texas

Consumers living in the Lone Star state who need automobile coverage may find the best deals by checking out the top 3 car insurance companies in Texas. The names of these companies, as you might expect, are pretty well known – not just in Texas but around the country. So, what are the top 3 car insurance companies in Texas? Here they are in order of percent of the market.

Note that the figures come from the Texas Department of Insurance for the top 40 automobile insurance companies in the state for the year 2008.

1. State Farm Mutual Automobile Insurance Company – Far and away the largest of the top 3 car insurance companies in Texas, State Farm Mutual Automobile Insurance Company, with more than $2 billion of written premium, commands 18.58 percent of the auto insurance market. State Farm’s home offices are in Bloomington, Illinois. The company, which began operations in 1922, has been registered to do business in Texas since 1928. State Farm Mutual has an A.M. Best Company financial rating of A++ (Superior). Get auto insurance quotes from State Farm and other carriers..

2. Farmers Texas County Mutual Insurance Company – With nearly 1.2 billion in written premiums, Farmers Texas County Mutual Insurance Company holds 9.76 percent of the Texas auto insurance market. Farmers Texas is a home-grown auto insurance company that was organized in December 1947 and registered to do business in January 1948. Its home offices are located in Austin, Texas. Farmers Texas County has an A.M. Best financial rating of A (Excellent).  Compare auto insurance quotes from Farmers and other carriers.

3. Progressive County Mutual Insurance Company – As of November 2009, third-place Progressive County Mutual Insurance Company had more than $886 million in premiums written, resulting in a 7.39 percent of Texas’ auto insurance market. With offices also in Austin, and home office in Mayfield Village, Ohio Progressive County was incorporated/organized and registered and open for business in Texas in 1948. Progressive County has an A.M. Best rating of A+ (Superior).  Get and compare auto insurance quotes from Progressive and other carriers.

If you are looking for other companies to write car insurance besides these top 3 car insurance companies in Texas, check out some of the other big names on the Texas Department of Insurance list. You can also check with the company that provides your homeowner’s insurance. Buying auto and home insurance from the same company can result in substantial discounts.

For more tips on car insurance, visit our section on car insurance where you can get additional tips and insurance quotes and compare auto insurance quotes from multiple carriers.

 picture

About Suzanne Kane

Suzanne Kane, an automotive writer with over 30 years of experience, covers the latest consumer, product and other auto-related information for iSeeCars. Originally from Michigan, with automotive roots going back through the family for decades with the original Big Three – GM, Ford, and Chrysler – Suzanne has always loved cars. You name it, and she’s either owned or driven it.

Please leave a comment or question.

YOUR COMMENT