Top 9 insurance companies in USA

||Top 9 insurance companies in the USA||

Insurance companies are the biggest financial institutions in America, but they have turned out to be the worst. There are many reasons why insurers are among the country’s least trusted businesses; from their high rates, confusing contracts, and poor customer service. However, if you’re looking for an insurer that goes above and beyond what other companies offer, here are some of the best insurance companies in America today.

 1. Aetna

Aetna has been around since 1853 but only began its rise to power in the late 1980s when the state insurance department decided it would start regulating health care insurers. Since then, it has grown into a household name for quality service and affordable prices.

2. Allstate

Allstate has been around since 1867 and was founded in Chicago, Illinois. Today, they are a leading provider of auto, home, life, and commercial insurance. Their products include homeowners insurance, renters insurance, automobile insurance, inland marine insurance, umbrella liability insurance, personal property insurance, business owners insurance, and many others. They have over 23 million customers and operate in 50 countries worldwide.

3. Farmers Insurance Group

Farmers Insurance Group is a Fortune 500 American multinational corporation that provides various types of insurance coverage including auto, life, health, homeowner’s, farm, and other specialty insurance. Founded in 1921, they are based out of Minneapolis, Minnesota. In 2016, their net income was $4.6 billion dollars.

4. State Farm

State Farm is an American multinational corporation in the property-casualty insurance industry that was founded in 1859. According to Forbes magazine, State Farm is the largest property/casualty insurer in the United States by written premium. The company is headquartered in Bloomington, Illinois, and has operations in over 70 countries worldwide. It sells direct (i.e., not through agents) primarily automobile, homeowners, commercial vehicles, inland marine, motorcycle, boat, farm equipment, life, health, and annuities. As of 2016, State Farm had total assets of $244 billion and revenues of $33 billion. In 2017, it ranked No. 1 on Fortune Magazine's list of Most Admired Companies. In 2018, State Farm acquired Zurich Insurance Company, making it the third-largest property casualty insurer in the world.

5. Nationwide Mutual Insurance Company (NASDAQ: NMI)

Nationwide provides homeowners insurance and commercial insurance solutions throughout the United States, Canada, Mexico, and Puerto Rico.

6. Allianz Life Insurance Company Inc.

Allianz Life Insurance Company (ALICO) is a leading provider of life insurance products and services in North America. ALICO offers an array of life insurance products including term insurance policies, whole life insurance, universal life insurance, variable annuities, and variable life insurance among others.

7. Chubb Corporation

Chubb Corporation is a global leader in property-casualty insurance that provides protection against risks ranging from natural disasters like floods and earthquakes to personal accidents and business-related losses. Chubb’s core businesses include the public sector, commercial auto, and specialty lines.

8. Liberty Mutual Insurance Co.

Liberty Mutual was founded in 1823 and is currently headquartered in Boston, Massachusetts. The company has operations in 40 countries across five continents. Their primary focus lies in providing reliable insurance coverage and exceptional service to their customers.

9.National Indemnity Co

National Indemnity was founded in 1905 in Philadelphia, Pennsylvania. This leading US insurance provider has become well-known due to its high level of customer service. In addition to providing insurance services, they provide surety bonds, compensation claims management, and personal lines of insurance. Their current annual revenue is around $10.4 billion. They are currently placed at 12 in terms of the top 25 largest US insurer