Top 5 Car Insurance Companies in Chandler, AZ by Market Share
By: Gokul Menon October, 23, 2019
Chandler, Arizona has an average rate of insurance of $994. Car owners can save up to $400, by comparing different quotes and reviews on Gavop. The rate of insurance in this city ranges from $554 to $1,244. Insurance rates vary based on factors such as (but not limited to) age, marital status, and car make and model.
By analyzing market share data gathered for Chandler, AZ, Gavop lists the top 5 car insurance companies (based on market share) in Arizona.
GEICO: GEICO leads the way with a market share of 15.70%. It has a massive 829,442 direct premiums written, and 805,349 direct premiums earned. GEICO continues to bring innovations into the field of insurance, the latest being its virtual assistant, KATE. GEICO has an A.M. Best rating of A++ and a J.D. Power Rating of 818/1000 in the Southwest region.
STATE FARM: State Farm, with a market share of 15.47%, is second on this list. It has 817,363 direct premiums written, and 818,108 direct premiums earned. State Farm maintains its quality, with an immensely customer-friendly online portal. The company has an A.M. Best rating of A++ and an immensely strong J.D. Power Rating of 831/1000.
PROGRESSIVE: Progressive has a market share of 11.97%% in Chandler, AZ. It has 632,441 direct premiums written, and 600,147 direct premiums earned. Progressive finds its way into the Forbes list of “Best Employers for New Grads 2019”. The company has an A.M. Best rating of A+ and a J.D. Power Rating of 807/1000.
USAA: The United Services Automobile Association (USAA) is fourth in Chandler, with a market share of 7.96%. It has 420,513 direct premiums written, and 408,155 direct premiums earned. USAA also earns its way into the list of “America’s Best Employers 2019”. The company has an A.M. Best rating of A++ and a superior J.D. Power Rating of 887/1000.
FARMERS: Farmers has 410,379 direct premiums written, and 405,315 direct premiums earned. Farmers is known for their user-friendly website and has a J.D. Power Rating of 812/1000, a tad lower than GEICO. With a market share of 7.77%, Farmers also has an A.M. Best rating of A.
ABOUT THE AUTHOR
Gokul Menon
Gokul works as a writer at Gavop. He holds an M.A. in Comparative Literature from the University of Hyderabad and a Bachelor’s in English from Madras Christian College. He has been a part of a couple of theatre groups, like Masquerade Youth Theatre and Theatre No. 59 and enjoyed being a part of Literary and Debating circles in Chennai. Gokul is an avid reader and has presented a few academic papers. He spends more time on Goodreads, than on any other social media platform.
