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The 100 largest homeowners insurance companies in the U.S., 2025
The NAIC's 2025 ranking of the 100 largest home insurance groups by premiums written, with market shares, what the top 10 hold and how to read size.
State Farm is the largest U.S. homeowners insurer by a wide margin. Its group wrote $35.27 billion of homeowners premiums in 2025, 18.67% of the $188.95 billion market, according to the NAIC's 2025 market share report published in August 2026. Allstate (9.40%) and USAA (7.01%) follow, and the ten largest groups together hold 62.39% of all homeowners premium.
The full list of 100 groups is below. Read it for what it is, a ranking of premium volume, not of coverage, service or financial strength, and use the sections after the table to see who the names are and what the numbers leave out.
How the NAIC ranks homeowners insurers
The ranking comes from the NAIC's 2025 Market Share Reports for Property/Casualty Groups and Companies by State and Countrywide, which is built from the annual statements insurers file with the National Association of Insurance Commissioners and ranks them line by line. The homeowners ranking uses line 04, Homeowners Multiple Peril. Three details decide what the list means.
It ranks groups, not single companies. The NAIC combines insurance companies that are related by ownership into one group. State Farm Group, for example, combines State Farm Fire and Casualty with its Texas, California and Florida companies. A homeowner sees a brand and a policy number; the NAIC sees the legal entities underneath and adds them up. The group snapshot is as filed with the NAIC, and mergers and name changes after that date are not reflected.
It ranks by direct premiums written. That is the premium on policies a group issued during 2025, counted before any reinsurance is passed to other companies. The market share column is each group's premium divided by the industry total for the 50 states and the U.S. territories. A group with $2 billion in premium is not necessarily protecting twice as many homes as one with $1 billion: premiums per policy are far higher in Florida, Texas and Louisiana than in the Midwest, and far higher for a $2 million house than a $250,000 one.
It covers homeowners-type premium only. Dwelling fire policies are generally reported on other lines, which is why the California FAIR Plan, which writes a dwelling fire form rather than a homeowners package, does not appear in this ranking at all, even though it held 696,562 dwelling and commercial policies in June 2026. The NAIC also cautions that its calendar-year loss ratios are not measures of overall profitability, because catastrophes swing a single year's results.
The 100 largest groups, 2025
Premiums and shares below are copied from the NAIC data for homeowners multiple peril, states and U.S. territories. The Insurer column uses the brand most homeowners know and links to our profile; the NAIC group column shows the name the group files under.
| Rank | Insurer | NAIC group | 2025 premiums | Market share |
|---|---|---|---|---|
| 1 | State Farm | State Farm Group | $35.27 billion | 18.67% |
| 2 | Allstate | Allstate Insurance Group | $17.77 billion | 9.40% |
| 3 | USAA | United Services Automobile Association Group | $13.26 billion | 7.01% |
| 4 | Liberty Mutual | Liberty Mutual Group | $10.40 billion | 5.50% |
| 5 | Farmers Insurance | Farmers Insurance Group | $10.31 billion | 5.46% |
| 6 | American Family Insurance | American Family Insurance Group | $9.72 billion | 5.14% |
| 7 | Travelers | Travelers Group | $8.62 billion | 4.56% |
| 8 | Chubb | Chubb Ltd. Group | $4.71 billion | 2.49% |
| 9 | Auto-Owners Insurance | Auto Owners Group | $4.14 billion | 2.19% |
| 10 | Erie Insurance | Erie Insurance Group | $3.71 billion | 1.96% |
| 11 | Nationwide | Nationwide Corporation Group | $3.49 billion | 1.85% |
| 12 | Progressive Home | Progressive Group | $3.34 billion | 1.77% |
| 13 | Universal Property & Casualty | Universal Insurance Holding Group | $2.02 billion | 1.07% |
| 14 | PURE Insurance | Tokio Marine Holdings Inc. Group | $1.95 billion | 1.03% |
| 15 | Cincinnati Insurance | Cincinnati Financial Group | $1.91 billion | 1.01% |
| 16 | AAA - Automobile Club of Southern California (Auto Club Enterprises) | Auto Club Enterprises Insurance Group | $1.80 billion | 0.95% |
| 17 | AAA - CSAA Insurance Group | CSAA Insurance Group | $1.72 billion | 0.91% |
| 18 | Mercury Insurance | Mercury Gen Group | $1.67 billion | 0.89% |
| 19 | Citizens Property Insurance Corporation (Florida) | Citizens Property Insurance Corporation | $1.50 billion | 0.80% |
| 20 | SageSure | IAT Reinsurance Company Group | $1.49 billion | 0.79% |
| 21 | Florida Peninsula Insurance | Florida Peninsula Holdings Group | $1.48 billion | 0.78% |
| 22 | Amica Mutual Insurance | Amica Mutual Group | $1.32 billion | 0.70% |
| 23 | The Hartford (AARP Homeowners Insurance Program) | Hartford Fire & Casualty Group | $1.30 billion | 0.69% |
| 24 | AAA - The Auto Club Group | Automobile Club of Michigan Group | $1.28 billion | 0.68% |
| 25 | Slide Insurance | Slide Insurance Holdings Group | $1.25 billion | 0.66% |
| 26 | COUNTRY Financial | Country Insurance & Financial Services Group | $1.23 billion | 0.65% |
| 27 | American Modern Insurance Group | Munich Re Group | $1.20 billion | 0.63% |
| 28 | Assurant | Assurant Inc. Group | $1.19 billion | 0.63% |
| 29 | Frontline Insurance | Frontline Insurance Group | $1.16 billion | 0.62% |
| 30 | The Hanover | The Hanover Insurance Group | $1.06 billion | 0.56% |
| 31 | Homeowners Choice and TypTap (HCI Group) | HCI Group Inc. | $1.04 billion | 0.55% |
| 32 | Tower Hill Insurance | Tower Hill Insurance Group | $1.02 billion | 0.54% |
| 33 | Heritage Insurance | Heritage Insurance Holdings Group | $983.7 million | 0.52% |
| 34 | Private Client Select (AIG) | American International Group | $954.1 million | 0.50% |
| 35 | Shelter Insurance | Shelter Insurance Group | $775.0 million | 0.41% |
| 36 | North Carolina Farm Bureau Insurance | North Carolina Farm Bureau Group | $745.9 million | 0.39% |
| 37 | Farm Bureau Insurance (Southern Farm Bureau Casualty) | Southern Farm Bureau Casualty Group | $744.8 million | 0.39% |
| 38 | Tennessee Farm Bureau Insurance | Tennessee Farmers Group | $689.8 million | 0.37% |
| 39 | NJM Insurance | New Jersey Manufacturers Group | $682.7 million | 0.36% |
| 40 | Farm Bureau Financial Services | Iowa Farm Bureau Group | $678.8 million | 0.36% |
| 41 | Alfa Insurance | ALFA Insurance Group | $659.8 million | 0.35% |
| 42 | American Integrity Insurance | American Integrity Insurance Company | $622.9 million | 0.33% |
| 43 | Andover Companies (Merrimack Mutual, Cambridge Mutual, Bay State Insurance) | Andover Group | $606.1 million | 0.32% |
| 44 | MAPFRE Insurance | MAPFRE Insurance Group | $556.2 million | 0.29% |
| 45 | Sutton National Insurance (Bamboo's carrier) | Sutton National Group | $548.7 million | 0.29% |
| 46 | Hippo | SH1 Holdings Group | $540.6 million | 0.29% |
| 47 | Lemonade | Lemonade Inc. Group | $517.0 million | 0.27% |
| 48 | Kentucky Farm Bureau Insurance | Kentucky Farm Bureau Group | $500.8 million | 0.27% |
| 49 | Texas Farm Bureau Insurance | Texas Farm Bureau Mutual Group | $481.3 million | 0.25% |
| 50 | Grange Insurance | Grange Mutual Casualty Group | $474.2 million | 0.25% |
| 51 | Kin Insurance | Kin Insurance Inc. Group | $473.6 million | 0.25% |
| 52 | Markel (State National and Markel American) | Markel Group | $445.2 million | 0.24% |
| 53 | Orion180 | ORION180 Group | $441.4 million | 0.23% |
| 54 | SafePoint Insurance | Safepoint Holdings Inc. Group | $418.3 million | 0.22% |
| 55 | Acuity Insurance | Acuity A Mutual Insurance Company | $418.3 million | 0.22% |
| 56 | Monarch National Insurance | Hale Partnership Group | $414.9 million | 0.22% |
| 57 | Westfield Insurance | Westfield Group | $413.6 million | 0.22% |
| 58 | Berkley One | WR Berkley Corporation Group | $405.4 million | 0.21% |
| 59 | QBE North America | QBE Insurance Group | $400.4 million | 0.21% |
| 60 | Olympus Insurance | Olympus Insurance Company | $383.9 million | 0.20% |
| 61 | Homeowners of America (Porch) | Porch Group | $353.0 million | 0.19% |
| 62 | NYCM Insurance | NYCM Insurance Group | $347.3 million | 0.18% |
| 63 | Stillwater Insurance Group | WT Holdings Group | $344.2 million | 0.18% |
| 64 | Southern Oak Insurance | Southern Oak Insurance Company | $337.0 million | 0.18% |
| 65 | Security First Insurance | Security First Insurance Company | $333.3 million | 0.18% |
| 66 | Safe Harbor Insurance (Ocean Harbor) | Ocean Harbor Group | $324.5 million | 0.17% |
| 67 | Horace Mann | Horace Mann Group | $319.2 million | 0.17% |
| 68 | Safety Insurance | Safety Group | $314.1 million | 0.17% |
| 69 | Clear Blue Insurance Group (Openly's carrier) | Clear Blue Financial Group | $306.1 million | 0.16% |
| 70 | Vermont Mutual Insurance Group | Vermont Mutual Group | $305.1 million | 0.16% |
| 71 | West Bend Insurance | West Bend Insurance Group | $293.9 million | 0.16% |
| 72 | Plymouth Rock Assurance (New Jersey) | Palisades Group | $279.1 million | 0.15% |
| 73 | Berkshire Hathaway GUARD | Berkshire Hathaway Group | $277.3 million | 0.15% |
| 74 | Pacific Specialty Insurance | Western Services Contract Group | $270.8 million | 0.14% |
| 75 | Indiana Farm Bureau Insurance | Indiana Farm Bureau Group | $268.5 million | 0.14% |
| 76 | Farm Bureau Insurance of Michigan | Michigan Farm Bureau Group | $256.6 million | 0.14% |
| 77 | Arbella Insurance | Arbella Insurance Group | $252.5 million | 0.13% |
| 78 | Plymouth Rock Assurance | Plymouth Rock Insurance Group | $241.3 million | 0.13% |
| 79 | Vault Insurance | Vault Holdings Group | $239.9 million | 0.13% |
| 80 | Allied Trust Insurance | Allied Trust Insurance Company | $237.7 million | 0.13% |
| 81 | Benchmark Insurance Company (Trean) | Benchmark Holding Group | $237.3 million | 0.13% |
| 82 | GeoVera Insurance | Geovera Holdings Inc. Group | $231.9 million | 0.12% |
| 83 | Auros and Interboro (SageSure carrier partners) | Iron Family Holdings Group | $230.1 million | 0.12% |
| 84 | People's Trust Insurance | Peoples Trust Insurance Company | $222.4 million | 0.12% |
| 85 | Norfolk & Dedham Group and Union Mutual | N&D Union Mutual Insurance Group | $220.9 million | 0.12% |
| 86 | Texas FAIR Plan and Texas Windstorm Insurance Association | TFP & TWI Group | $220.0 million | 0.12% |
| 87 | Selective Insurance | Selective Insurance Group | $217.0 million | 0.11% |
| 88 | Kingstone Insurance | Kingstone Insurance Company | $216.7 million | 0.11% |
| 89 | North Star Mutual | North Star Company Group | $216.1 million | 0.11% |
| 90 | Cypress Property & Casualty | Cypress Group Holdings Inc. Group | $212.5 million | 0.11% |
| 91 | One Alliance North America Insurance (formerly Universal North America) | 5B Alliance Group | $212.3 million | 0.11% |
| 92 | American Traditions Insurance | American Traditions Insurance Company | $204.6 million | 0.11% |
| 93 | MS Transverse (MS&AD) | MS & AD Insurance Group | $199.7 million | 0.11% |
| 94 | PEMCO Insurance | PEMCO Mutual Insurance Company | $191.4 million | 0.10% |
| 95 | US Coastal Insurance (Cabrillo Coastal) | Cabrillo Holding Group | $188.4 million | 0.10% |
| 96 | DB Insurance (U.S. Branch) | DB Insurance Group | $185.0 million | 0.10% |
| 97 | Georgia Farm Bureau Insurance | Georgia Farm Bureau Group | $183.6 million | 0.10% |
| 98 | Farmers Mutual of Nebraska (FMNE) | FMNE Insurance Company | $182.2 million | 0.10% |
| 99 | Loggerhead Reciprocal Interinsurance Exchange | Loggerhead Reciprocal Interinsurance Exchange | $177.2 million | 0.09% |
| 100 | Donegal Insurance Group | Donegal Group | $162.3 million | 0.09% |
What the top 10 and the top 25 hold
Concentration at the top is steep. Adding up the table:
| Largest groups | Combined premiums | Share of market |
|---|---|---|
| Top 3 (State Farm, Allstate, USAA) | $66.29 billion | 35.08% |
| Top 5 | $87.00 billion | 46.04% |
| Top 10 | $117.89 billion | 62.39% |
| Top 25 | $145.41 billion | 76.95% |
| Top 50 | $165.07 billion | 87.36% |
| All 100 groups | $179.30 billion | 94.89% |
Those totals are our arithmetic on the NAIC figures. The picture is a market where nearly one dollar in five goes to State Farm, a bit over half goes to the six largest, and the 90 groups from #11 to #100 share about a third.
Who sits in the top 10 is mixed. Liberty Mutual, Farmers Insurance, American Family and Travelers sell homeowners as part of a broad personal lines business, usually bundled with auto. USAA sells directly to military members and their families. Chubb is the largest writer of high-value homes. Auto-Owners Insurance and Erie Insurance are regional, policyholder-owned companies that sell only through independent agents, in 26 states and in 12 states plus D.C. respectively, according to their profiles.
The next fifteen places show how different the middle of the market is. Nationwide and Progressive Home are national names; Universal Property & Casualty at #13 is the first Florida specialist; PURE Insurance and Cincinnati Insurance lean toward higher-value homes; the three AAA clubs, Mercury Insurance and Amica Mutual Insurance are regional or affinity writers; and Citizens is a state-run plan.
Grouping the 100 by the categories our profiles use gives another view. These categories are ours, not the NAIC's.
| Category | Groups in the top 100 | Combined premiums | Share of market |
|---|---|---|---|
| National carriers | 9 | $100.23 billion | 53.05% |
| Regional carriers | 32 | $22.37 billion | 11.84% |
| Florida and coastal specialists | 24 | $15.43 billion | 8.16% |
| Affinity and military insurers | 3 | $14.87 billion | 7.87% |
| High-net-worth insurers | 5 | $8.26 billion | 4.37% |
| Farm Bureau insurers | 10 | $5.21 billion | 2.76% |
| AAA auto clubs | 3 | $4.80 billion | 2.54% |
| Manufactured home and specialty dwelling insurers | 2 | $2.39 billion | 1.26% |
| Program carriers and fronting insurers | 6 | $2.14 billion | 1.13% |
| Digital and insurtech insurers | 4 | $1.88 billion | 1.00% |
| State-backed insurers of last resort | 2 | $1.72 billion | 0.91% |
The Florida specialists
The category with the most surprising presence is Florida and coastal specialists: 24 groups with $15.43 billion between them. Several are larger than companies most people outside Florida have heard of, such as Universal (#13), SageSure (#20), Florida Peninsula (#21), Slide (#25), Frontline (#29), Homeowners Choice and TypTap (#31), Tower Hill (#32) and Heritage (#33).
Their weight shows up in the state data. In Florida's 2025 market of $18.83 billion, the NAIC puts Citizens first at 7.98%, Florida Peninsula second at 7.84% and Universal third at 7.61%, ahead of State Farm at 6.86%. See Florida and the the largest home insurers in every state, 2025 guide for the full state tables.
Three things are worth knowing about this group.
- They are not all Florida-only. Universal lists 18 other states in its profile, SageSure's carriers write in 14 states including Louisiana, Texas and the Carolinas, and Heritage and ORION180 each list more than a dozen. Others, such as Florida Peninsula, Monarch National and Security First, sell only in Florida.
- Many are rated by Demotech, not AM Best. A Demotech "A (Exceptional)" rating is a different scale from an AM Best "A" and does not mean the same thing. Our Demotech ratings and Florida's insurers guide explains the difference and why mortgage lenders accept it.
- A single year flatters or punishes them. Their 2025 direct loss ratios in the NAIC data were far below the 55.14% industry figure, for example Frontline at 5.50% and Florida Peninsula at 7.96%. That reflects one year's weather. It says little about how a company will look after a bad hurricane season.
Many of these insurers grew by taking policies out of Citizens under the state's depopulation program; see depopulation and takeout offers from state insurers of last resort. The wider Florida picture is in florida's domestic home insurers: who they are.
The state plans in the ranking
Two state-created insurers of last resort appear in the top 100. Citizens Property Insurance Corporation ranks #19 with $1.50 billion, 0.80% of the market. The NAIC shows $2.13 billion of premium earned against $1.50 billion written, which fits a book that is shrinking as policies are moved to private insurers. Citizens reported 254,736 policies on October 2, 2026, according to its policies-in-force page, down from a peak of 1,407,805 in September 2023. The Texas FAIR Plan and Texas Windstorm Insurance Association appear together at #86 with $220.0 million.
Residual market premium is not fully captured here. The California FAIR Plan, Louisiana Citizens and the North Carolina coastal pool do not appear among the 100 groups. The NAIC says its homeowners section includes estimated premium that Louisiana Citizens reports directly, and calls that figure unaudited and subject to restatement. A ranking by homeowners premium therefore understates how much property is insured through state plans. Our FAIR plans explained: the insurer of last resort for homes and beach and windstorm pools along the coast: how they work guides cover how these plans work and who qualifies.
Fronting carriers, MGAs and insurtechs
Six groups in the table are program carriers and fronting insurers: Sutton National (#45), Markel (#52), QBE North America (#59), Clear Blue Insurance Group (#69), Benchmark Insurance (#81) and MS Transverse (#93). Together they wrote $2.14 billion, 1.13% of premium.
A fronting carrier holds the insurance licenses and the financial strength rating. A managing general agent (MGA) designs the program, sells it, prices it and often handles claims, while reinsurers and other capital providers take most of the risk. The result is that the brand a homeowner shops, such as Bamboo, Openly or Swyfft, does not appear in the NAIC ranking; the carrier on the declarations page does. Sutton National's profile, for instance, says its homeowners premium comes mainly from Bamboo's California program, and Clear Blue's from Openly.
For a policyholder this changes what to check. Read the declarations page to find the legal insurer, then look up that company's rating rather than the brand's. Understand that a fronting carrier can change what it writes: QBE North America stopped new California homeowners business in August 2025 and is nonrenewing existing policies as part of its exit from U.S. homeowners insurance. Our MGAs and fronting carriers: who really insures your home guide goes further.
Four insurtech groups that hold their own carriers also rank: Hippo (#46), Lemonade (#47), Kin Insurance (#51) and Homeowners of America (#61), together 1.00% of the market.
Group names versus the brand on your policy
Several well-known brands are inside the groups above and have no separate rank. Safeco belongs to Liberty Mutual's group, and the Safeco name was retired in April 2026 (Safeco Insurance). National General belongs to Allstate's (National General), Foremost to Farmers' (Foremost Insurance) and Homesite to American Family's (Homesite Insurance). PURE's carrier sits in the Tokio Marine Holdings group, AARP's program insurer sits in The Hartford's group (The Hartford), and American Modern sits in Munich Re's group (American Modern Insurance Group). When you search the table for your insurer, look for its parent.
How to use the ranking
Size tells you a few real things. A large group has a deep agent or direct network, long experience in many states, and usually the reinsurance and capital to survive a bad year. It also tells you which insurers are most likely to be competing for your business in your state.
Size does not tell you about price, claim handling, coverage terms or whether an insurer will keep writing in your ZIP code. The 2026 J.D. Power U.S. Home Insurance Study, released September 15, 2026, put Amica first among homeowners at 680 points, Erie second at 678 and Chubb third at 676, according to J.D. Power's press release. Those companies rank #22, #10 and #8 by premium. Meanwhile, large names do pull back where their exposure has grown: State Farm General stopped taking new California homeowners applications in 2023, and Allstate paused new California homeowners business in 2022.
A practical way to use the list:
- Find who writes in your state. Use the state tables in the largest home insurers in every state, 2025 or the home insurance rules by state, and be ready for the leaders to differ from the national top 10.
- Match the type of insurer to your home. A high-value home, a manufactured home, a farm and a coastal Florida house each have their own natural fit; see choosing a home insurance company: what actually matters.
- Check financial strength on the legal insurer. Use Financial strength ratings: AM Best, S&P, Moody's and Demotech to read AM Best, Demotech and other ratings.
- Check service evidence. What J.D. Power's home insurance studies measure and the How to use the NAIC complaint index to compare home insurers measure different things, and neither is a ranking of price.
- Compare actual quotes and forms. Put two or three offers side by side with the compare home insurers side by side tool and the how to compare homeowners insurance quotes guide.
Key takeaways
- State Farm leads with 18.67% of 2025 homeowners premium, and the top 10 groups hold 62.39% of the $188.95 billion market, according to the NAIC.
- The ranking is by direct premiums written for groups of related companies, not by homes insured, claims service or financial strength.
- Florida specialists, two state plans and six fronting carriers sit inside the top 100, and some residual market plans, such as the California FAIR Plan, are not in it.
- The brand you shop may sit inside a larger group or behind a fronting carrier, so check the legal insurer on your declarations page.
- Use size to see who competes in your state, then judge companies on ratings, service evidence and your own quotes.