---

By: Ajay kumar Medagani October, 18, 2019

Gavop analyzed data from a market share report published by the National Association of Insurance Commissioners (NAIC) in 2019 to identify the top 5 insurance firms providing multi-peril homeowners insurance in St Louis, Missouri.

State Farm

State Farm is the largest provider of multi-peril homeowners insurance in St Louis with a market share of 25.29%. AM Best awarded State Farm the highest possible rating of A++ for its superior ability to meet its ongoing insurance obligations.

Everquote rated State Farm 4 out of 5 in customer satisfaction. About 52% of State Farm’s customers said that they would revisit the firm for all their insurance needs, while 40% were keen to continue their relationship with State Farm. Only 6% of customers did not want to re-purchase insurance from State Farm

American Family

American family is the second largest provider of multi-peril home insurance in St Louis, with a market share of 15.28%. AM Best awarded American Family an A rating for its excellent ability to meet current insurance obligations.

Everquote gave the firm a score of 4 out of 5 for overall customer satisfaction. About 58% of American Family’s customers stated that they would continue to consult the firm for all their insurance needs, while 7% believed that they would continue their affiliation with the brand. However, 35% of consumers said that they won’t repurchase insurance from the firm again.

Liberty Mutual

Liberty Mutual holds an 8.64% market share in the multi-peril homeowners insurance segment in St Louis. The firm received an A rating from AM Best for fulfilling its ongoing insurance obligations.

Liberty Mutual scored 4 out of 5 on overall customer satisfaction in Everquote’s ratings. About 46% of customers who had previously purchased insurance from Liberty Mutual said they would continue to do so and 44% said they might buy insurance from Liberty Mutual again. Moreover, 10% of customers admitted that they were not interested in buying insurance from Liberty Mutual again.

Farmers

Farmers hold a 7.59% market share in the multi-peril homeowners insurance segment in St Louis. AM Best has awarded Farmers Insurance an A rating for its excellent financial ability to meet its current insurance obligations.

Everquote has given Farmers Insurance a rating of 4 on 5 stars for overall customer satisfaction. About 57% of customers who had previously purchased insurance from Farmers state they would continue buying insurance from the firm, while only 6% opined that they might continue buying insurance from the firm. About 37% of customers did not want to renew insurance from the firm in the future.

Shelter

With a 5.05% market share, Shelter Insurance is another key player in the multi-peril homeowners insurance segment in St Louis. AM Best gave Shelter an A+ rating for their excellent financial ability to meet ongoing insurance obligations.

The graph below shows the market share of the top 5 home insurance firms in St Louis with the biggest market share.

---

ABOUT THE AUTHOR