Largest Insurance Companies by Sales and Product Line

1. Allstate

Allstate is the largest insurance company in America. It was founded in 1902 and is headquartered in Chicago, IL. In 2017, they had sales of $37 billion and product line of $35 billion. Their products include auto, home, renters, commercial, life, and umbrella insurance.

Allstate is the largest insurance company in the United States by total sales and product line. Its products include auto insurance, homeowners insurance, renters insurance, life insurance, and annuities. In addition to these products, they offer personal property and commercial insurance. Allstate was founded in 1902 and is headquartered in Chicago, Illinois.

2. Farmers

Farmers is the second largest insurance company in America and is based out of Minneapolis, MN. Founded in 1922, their products include auto, homeowners, farm, life, business, and annuities. In 2017, they sold $38 billion worth of products.

Farmers Insurance Group is the second largest insurance company in the U.S. by total sales and product lines. Its products include auto, home, renters, life, and business insurance. Founded in 1922, Farmers is based out of Minneapolis, Minnesota.

3. Nationwide

Nationwide is the third largest insurance company in America, and is based out of Columbus, OH. Founded in 1859, their products include auto and property insurance. In 2017, they generated $39 billion in revenue.

Nationwide is the third-largest insurance company in the United Sates by total sales and product types. Its products include auto and homeowners insurance. Nationwide was founded in 1935 and is based out of Columbus, Ohio.

4. State Farm

State Farm is the fourth largest insurance company in America; it is based out of Bloomington, Illinois. Founded in 1919, their products include auto insurance, home insurance, renters insurance, life insurance, and disability insurance. In 2017, State Farm generated $40 billion in revenue.

State Farm is the fourth-largest insurance company in America by total sales and product type. Its products include auto (including car insurance), homeowners, renters, life, disability, and annuities (insurance policies that pay monthly income). State Farm was founded in 1919 and is headquartered in Bloomington, Illinois.

5. Travelers

Travelers is the fifth largest insurance company in America based out of New York City. Founded in 1752, they have been around since before the Revolutionary War. Their products include auto insurance, homeowners insurance, renters insurance, travel insurance, and life insurance. In 2017, Travelers generated $41 billion in revenue.

Travelers is the fifth-largest insurance company in North America by total sales and products. Its products include auto/car insurance, homeowners insurance, renter’s insurance, travel insurance, and life insurance. Travelers was founded in 1884 and is headquartered in Boston, Massachusetts.

6. Liberty Mutual

Liberty Mutual is the sixth largest insurance company in America with headquarters located in Boston, MA. Founded in 1883, their products include auto/renters insurance, commercial insurance, life insurance, long-term care insurance, and disability insurance among others. In 2017, Liberty Mutual generated $42 billion in revenue.

7. MetLife

Metlife is the seventh largest insurance company in America headquartered in White Plains, NY. Founded in 1865, their products include auto & homeowners insurance, life insurance, retirement plans, and disability insurance. They generate $43 billion in revenue annually.

8. USAA

USAA is the sixth-largest insurance company in American by total sales and product categories. Its products include auto & car insurance, homeowners insurance, life insurance, renters insurance, and annuites. USAA was founded in 1921 and is headquartered in San Antonio, Texas.

9. Chubb

Chubb is the seventh-largest insurance company in United States by total sales. Its products include auto coverage, homeowners insurance, renters, life insurance, and business insurance. Chubb was founded in 1859 and is headquartered in London, England.