Top 5 Car Insurance Companies in Olympia, WA, by Market Share
The average cost of auto insurance in Olympia, WA, is $1,017. Car owners in Olympia can save up to $410 by comparing multiple auto insurance quotes and reviews from different car insurance companies. The cost of insurance here ranges between $684 and $1,552.
By analyzing the market share data gathered for Washington, Zimlon lists the top 5 car insurance companies (based on market share) in Olympia.
STATE FARM:
State Farm, with a market share of 16.05%, is first on this list. It has 883,758 direct premiums written, and 883,527 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 a J.D. Power score of 820/1000.
GEICO:
GEICO is second in Olympia, WA, with a market share of 11.57%. It has a massive 637,543 direct premiums written, and 626,295 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 score of 813/1000 in the Northwest region.
LIBERTY MUTUAL:
Liberty Mutual has a market share of 10.43%. The company is the third-largest property and casualty insurer in the country, as well. It has 574,536 direct premiums written, and 561,299 direct premiums earned. The company has an A.M. Best Rating of A and a J.D. Power score of 792/1000.
PROGRESSIVE:
Progressive has a market share of 9.74% in Olympia, WA. It has 536,468 direct premiums written, and 510,058 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 score of 797/1000.
ALLSTATE:
Allstate rounds up the list of the top 5 car insurance companies, with a market share of 9.22%. The company has 507,733 direct premiums written, and 501,838 direct premiums earned. Allstate also has an A+ A.M. Best Rating and a J.D. Power score of 816/1000.
It is interesting to note that PEMCO Insurance, which has the best J.D. Power score of 850/1000 in the Northwest region, has a market share of only 5.37%.