20 insurers with the largest homeowners market share

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The top five insurance companies in the ranking have an average homeowners market share of 9.26% as of December 31, 2023.

The combined direct premiums written by the top five was more than $70 billion.

Scroll through to see which insurance companies are in the top 20 and how they fared through the end of December 2023.

Source: National Association of Insurance Commissioners

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Mercury tied for 19th with a market share of 0.75%.
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Amica tied for 19th with a market share of 0.75%.
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Cincinnati Financial tied for 17th with a market share of 0.79%.
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Auto Club Enterprises tied for 17th with a market share of 0.79%.
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CSAA ranked 16th with a market share of 0.87%.
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Tokio Marine ranked 15th with a market share of 0.92%.
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Universal Insurance Holdings ranked 14th with a market share of 1.20%.
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Auto-Owners Insurance ranked 13th with a market share of 1.69%.
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Erie Insurance ranked 12th with a market share of 1.75%.
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Progressive ranked 11th with a market share of 1.94%.
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Citizens Property Insurance Corporation ranked 10th with a market share of 2.11%.
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Chubb ranked 9th with a market share of 2.56%.
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Nationwide ranked 8th with a market share of 2.68%.
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American Family Insurance ranked 7th with a market share of 4.61%.
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Travelers ranked 6th with a market share of 4.98%.
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Farmers ranked 5th with a market share of 5.91%.
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USAA ranked 4th with a market share of 6.81%.
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Liberty Mutual ranked 3rd with a market share of 6.89%.
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Allstate ranked 2nd with a market share of 8.92%.
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State Farm ranked 1st with a market share of 17.79%.