Top 15 car insurance companies

car insurance companies

5.     USAA:

The United Services Automobile Authority (USAA) is a San Antonio-based Fortune 500 diversification financial services company of businesses. Including the Texas Insurance Department – operated mutual inter-protection markets and branches providing credit, savings, and protection to persons and families working or participating in the United States Armed Forces. There were 12.4 million members at the end of 2017.million members.

USAA was established in San Antonio in 1922 by a community of 25 U.S. Army officers became a tool for collective self-insurance because they were unable to obtain car insurance because of the belief that they, as military officers, were a high-risk party.

By then, USAA had grown to provide financial and insurance coverage to former and current veterans of the Armed Forces, officers and enlisted troops and their relatives. Within the 2018 Fortune 500 ranking of the top U.S. companies, the organization listed No. 100 by gross sales.