Looking for the top 3 car insurance companies in Florida? You’ve come to the right spot. The names of the three companies listed here are those that have the largest market share of the auto insurance companies doing business in the state as ranked by the Florida Department of Financial Services. Here are the top 3 car insurance companies in Florida, in descending order, with a brief overview of each.
1. State Farm Mutual Automobile Insurance Company – While its home offices are in Bloomington, Illinois, State Farm Mutual Automobile Insurance Company has been doing business in the state of Florida writing property and casualty insurance since 1934. State Farm writes policies covering autos to motorcycles to homes and condos and offers a wide variety of discounts. State Farm Mutual has an A.M. Best Company financial rating of A++ (Superior) in the financial size category of $2 billion or greater. Get and compare auto insurance quotes from State Farm and other carriers.
2. Allstate Insurance Company – Registered in Florida to do business since 1938, second-ranked Allstate Insurance Company has its home offices in Northbrook, Illinois. Allstate markets the fact that it offers accident forgiveness, safe driving bonus, deductible rewards and new car replacement. Allstate has an A.M. Best Company financial rating of A+ (Superior) in the financial size category of $2 billion or greater. Go to www.allstate.com.
3. Progressive Express Insurance Company – With offices in Riverview, Florida, Progressive Express Insurance Company’s home state is Ohio. Nationally, Progressive is the third largest insurer of automobiles. The company was first licensed in Florida in 1995 as a property and casualty insurer. Progressive Express has an A.M. Best rating of A+ (Superior) in the financial size category of $500 million to $750 million. 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 Florida, check out some of the other big names on the Florida Department of Financial Services list. You can also check with the company that provides your homeowner’s insurance. Remember that buying auto and home insurance from the same company can often result in substantial discounts. And, speaking of discounts, be sure to ask about all the discounts you may be entitled to, including good driver, good student, having your car equipped with anti-theft device, anti-lock brake discount, and more.