00:00State Farm is currently the number one U.S. property and casualty insurance group
00:04by premium volume. In the latest available 2025 NAIC data, State Farm reported about $1.15.3
00:12billion in direct written premiums and a 10.39% U.S. market share, ahead of Progressive at $84.2
00:20billion and 7.59%. The answer changes depending on what number one means.
00:251. Overall property and casualty Asterisk State Farm ranks number one, with a market share more
00:32than 2.8% points above Progressive. 2. Homeowners Insurance Asterisk State Farm
00:38is also number one, with approximately $35.27 billion in direct premiums and an 18.69% market
00:47share in 2025. 3. Auto Insurance Asterisk State Farm remains one of the largest U.S. auto insurers,
00:54but rankings can differ depending on whether the measurement uses private passenger auto premiums,
00:59policies, or another metric. 4. Life Insurance Asterisk The Leader can be different because
01:05life insurance is measured separately from property slash casualty. Therefore, State Farm should not
01:11automatically be called the largest U.S. life insurer. So, if you mean the largest insurance
01:17company in America by overall property and casualty premiums, State Farm is number one based on the
01:23latest 2025 data available in 2026. For a practical comparison, use State Farm as the benchmark,
01:30then compare Progressive, Berkshire Hathaway, Allstate, and USAA based on the specific insurance
01:36type, your state, price, coverage, and claims record rather than company size alone.
01:42Finally, remember that everything we discussed today is for educational purposes only and does not
01:48constitute financial advice. Good luck to everyone and see you in the next video.