By: Hemanth Ramesh August, 23, 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 Missouri on the basis of their market share.
State Farm is the largest provider of multi-peril homeowners insurance in Missouri with a 25.29% market share. State Farm records about $538,715 in direct premiums written and about $528,681 in direct premiums earned. AM Best awarded State Farm the highest possible rating of A++ for their superior ability to meet their ongoing insurance obligations.