The insurance business is one of the largest in the world, with companies from a wide range of industries present in virtually every country. There are dozens of insurance businesses in the United States alone, with many of them based in California.
We have prepared a list of the top ten best insurance
companies in California based on research into various aspects such as
corporate reputation, financial stability, customer service, and more.
- Which insurance company is the most popular?
- Who is the top 10 insurance company?
This list will be useful whether you are seeking general
liability insurance or life insurance.
Top 10 Best Insurance Companies in California
We provided thorough information on why each firm reached
our top ten list and what distinguishes them from their competition. Discover
which brands made the cut and why they stand out from the crowd!
10. Travelers
The Travelers Companies, Inc. is the parent corporation of
Travelers Insurance, one of California's top ten finest insurance companies.
The firm is also active in investments, financing, and reinsurance.
Travelers are based in Hartford, Connecticut, and operate in
26 countries worldwide. Travelers have been in operation since 1864 and are the
country's oldest insurance firm.
Moody's has assigned the corporation an A+ financial
strength rating and an "Excellent" financial stability grade. The
primary emphasis of Travelers is general liability insurance for businesses and
people.
Auto insurance, commercial insurance, homeowners' insurance,
and life insurance are also available through the company. Travelers are one of
the major insurance companies in the United States, and it also has a presence
in Canada.
9. USAA
The word USAA stands for United Services Automobile
Association. The firm is a financial services provider that offers insurance
products such as general liability insurance, life insurance, and homeowners'
insurance.
USAA has over 12 million clients and is regarded as one of
California's top ten finest insurance companies. USAA, located in Texas,
was founded in 1922 and offers insurance to current and retired military people
and their families. Moody has assigned USAA an A+ financial strength rating
and a "Superior" financial stability grade.
The firm has been routinely listed among the top insurance
companies in the United States, and it is now ranked ninth in California.
USAA's primary products include general liability insurance,
home insurance, and life insurance. In addition, the organization offers
financial services such as banking and investing.
8. California State Auto Association
The California State Car Organization (CSAA) is a
member-owned nonprofit automobile association that offers a variety of services
and is one of California's top ten finest insurance companies.
CSAA was founded in 1901 and is based in San Francisco. The
organization presently has approximately 2 million members. Through its
subsidiaries, CSAA offers general liability insurance, vehicle insurance,
worker's compensation insurance, and homeowners' insurance.
CSAA is also one of the world's largest public park
operators, operating over 50 parks around California. Moody has assigned CSAA
an A+ financial strength rating and a "Superior" financial stability
grade.
The firm has an A+ rating from the Better Business Bureau
and an A+ rating from the American Automobile Association (AAA).
CSAA's primary products include general liability insurance,
vehicle insurance, workers' compensation insurance, and homeowners' insurance.
In addition, the corporation offers financial services and administers a wide
network of parks throughout California.
7. Farmers Insurance Group
Farmers Insurance Group is the parent business of Farmers
Insurance, one of California's top ten finest insurance companies. The
organization provides insurance, financial management, and real estate
services.
Farmers is based in Los Angeles and operates in 16 countries
worldwide. Farmers Insurance Group, founded in 1916, is one of the oldest and
most recognized insurance firms in the United States.
Moody's has assigned the corporation an A+ financial
strength rating and an "Excellent" financial stability grade.
Farmers' subsidiaries provide a wide range of insurance
products, including general liability insurance, vehicle insurance, business
insurance, and life insurance.
In addition, the organization offers financial planning and
real estate services. Farmers Insurance is one of the largest insurance
companies in the United States, with over 30 million subscribers worldwide.
6. Mercury Mutual Company
Mercury Mutual Business is the parent company of Mercury
Insurance, one of California's top ten finest insurance companies. The firm is
involved in insurance and risk management.
Mercury Mutual is located in San Francisco and operates in
22 states around the US. Mercury Mutual has been in operation since 1913 and is
the second-largest publicly-listed vehicle insurance company in the United
States.
Moody's has assigned the corporation an A+ financial
strength rating and an "Excellent" financial stability grade.
Mercury's main line of business is general liability insurance, although it
also provides vehicle insurance, commercial insurance, and homeowners'
insurance.
Mercury is one of California's major insurance carriers,
with approximately three million subscribers.
5. Geico
The GEICO Insurance Firm is the parent company of GEICO, one
of California's top ten finest insurance companies. The organization provides
insurance, financial management, and real estate services.
GEICO is based in Chevy Chase, Maryland, and operates in 29
countries worldwide. GEICO has been in operation since 1936 and is the most
well-known vehicle insurance brand in the world.
Moody's has assigned the corporation an A+ financial
strength rating and an "Excellent" financial stability grade. GEICO
primarily provides auto insurance and other forms of general liability
insurance, but it also offers financial services and operates a wide network of
real estate holdings.
4. American Family Insurance Group
The American Family Insurance Group is the parent business
of American Family Insurance, one of California's top ten insurance firms. The
firm is involved in insurance and risk management.
American Family has operations in 49 states and the District
of Columbia and is based in Milwaukee, Wisconsin. Since 1925, the American
Family Insurance Group has been the largest publicly listed property and
liability insurance company in the United States.
Moody's has assigned the corporation an A+ financial
strength rating and an "Excellent" financial stability grade. American
Family Insurance primarily provides general liability insurance, homes
insurance, and vehicle insurance. In addition, the firm offers life insurance
and financial services.
3. Allstate
The Allstate Corporation is the parent corporation of
Allstate, one of California's top ten insurance firms. The firm provides
insurance, investment management, financial planning, and real estate services.
Allstate is based in Northbrook, Illinois, and operates in
28 countries worldwide. Allstate has been in the insurance industry since 1931
and is one of the largest in the United States.
Moody's has assigned the corporation an A+ financial
strength rating and an "Excellent" financial stability grade. Allstate
primarily provides general liability insurance, automobile insurance, home
insurance, and life insurance. In addition, the corporation offers financial
services and administers a broad network of real estate properties.
2. State Farm
State Farm Mutual Automobile Insurance Business is the
parent company of State Farm, one of California's top ten finest insurance
companies. The organization provides insurance, financial planning, and real
estate services.
State Farm Insurance Company is based in Bloomington,
Illinois, and operates in 49 states and the District of Columbia.
State Farm has been in business since 1922 and is one of the
country's leading insurance carriers. Moody's has assigned the corporation an
A+ financial strength rating and an "Excellent" financial stability
grade.
State Farm specializes in general liability insurance,
vehicle insurance, and home insurance. In addition, the organization offers
financial planning and real estate services.
1. Erie Insurance
The Erie Insurance Business is the parent company of Erie
Insurance, one of California's top ten finest insurance companies. The
organization provides insurance, financial planning, and real estate services.
Erie Insurance is based in Erie, Pennsylvania, and operates
in 33 states throughout the US. Erie Insurance has been in operation since 1905
and is one of the major insurance companies in the United States.
