Top 5 Car Insurance Companies in Sarasota, FL, by Market Share
The average cost of auto insurance in Sarasota, FL, is $1,219 and ranges between $912 and $1,662. Car owners here can save up to $$90 by comparing multiple auto insurance quotes and reviews from different insurers. Numerous factors that affect the cost of auto insurance in Sarasota, FL, including the make and model of the car and the driver’s age. Zimlon offers car owners the option of keying in their zip code to get accurate auto insurance quotes from different car insurance companies.
Zimlon explores the list of the top 5 auto insurance companies in Sarasota, FL, based on market share.
GEICO leads the way in Florida, with a market share of 25.23%. It has 5,160,726 direct premiums written, and 5,081,055 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 827/1000 in Florida.
Progressive is second on this list, with an A.M. Best Rating of A+ and a J.D. Power score of 809/1000. It has a massive 3,749,329 direct premiums written, and 3,582,160 direct premiums earned, earning Progressive a market share of 18.30% in Florida.
State Farm has a market share of 14.70%, with a J.D. Power score of 834/1000, in Florida. The company also has an A.M. Best rating of A++. State Farm has 3,014,788 direct premiums written, and 3,047,953 direct premiums earned in Florida. State Farm makes it easy to shop for insurance with an immensely customer-friendly online portal.
Allstate has 1,897,567 direct premiums written and 1,880,647 direct premiums earned. The company has a market share of 9.28% in Florida. Allstate also has an A.M. Best rating of A+ and a J.D. Power score of 847/1000.
USAA completes this list, with a market share of 7.07%. It has 1,445,356 direct premiums written, and 1,431,650 direct premiums earned. USAA has an A.M. Best rating of A++ and a J.D. Power score of 898/1000. This is the highest score in Florida.