U.S. Homeowners Insurance Market Share 2025: Top 100 Companies by Direct Premiums Written
2025 U.S. Homeowners Insurance Market Share: Top 100 by Direct Premiums Written
State Farm Group leads the official NAIC 2025 Homeowners Multiple Peril table for States and U.S. Territories with $35.270 billion in direct premiums written and an 18.67% market share. Allstate Insurance Group ranks second at $17.766 billion and 9.40%, while United Services Automobile Association Group ranks third at $13.255 billion and 7.01%.
This ranking measures premium-dollar volume, not policy count. The metric is NAIC annual statement line 04, Homeowners Multiple Peril, ranked by raw Direct Premiums Written in descending order. The NAIC source reports premiums in thousands of U.S. dollars; billions and millions below are display conversions only.
This page is a compiled research dataset based on 4 sources, but the Top 100 ranking itself uses one official numeric source: the NAIC 2025 Market Share Report. NAIC consumer and glossary material is used to explain the metric, and AM Best is used only for independently reported 2025 year-over-year context. Those supporting sources do not change any rank, premium value, or NAIC market share.
Coverage: exactly 100 confirmed NAIC group/company rows from the States and U.S. Territories table. Status counts: 100 official published values, 0 calculated ranking values, 0 official forecasts, and 0 modeled projections. Dataset checked September 20, 2026.
State Farm Group; 18.67% NAIC market share in 2025.
Donegal Group; 0.09% market share.
Official cumulative NAIC market share at rank #100.
2025 Homeowners Multiple Peril Direct Premiums Written for States and U.S. Territories.
Source unit is $000; rank uses the raw unrounded source value.
One official numeric ranking source; all 100 rows are observed values.
Overview: What This Homeowners Insurance Market-Share Ranking Measures
NAIC line 04 is the regulatory annual-statement line for Homeowners Multiple Peril. NAIC describes homeowners insurance as a package that protects the home and personal property and typically includes liability protection; common coverages include dwelling, other structures, personal property, loss of use, personal liability, and medical payments. This page does not build its own policy-form definition: it ranks the premium volume reported by insurers to NAIC under line 04.
Direct premiums written measure premium written directly by the insurer before adjustments for premium ceded to reinsurers. Earned premium is different: it is the portion of premium associated with coverage already provided during the elapsed part of the policy term. The ranking uses written premium because that is the market-share measure published in the selected NAIC table.
How to read market share
Market share expresses each writer's direct premiums written as a percentage of the NAIC industry total for the same line and geography.
Market share = writer Direct Premiums Written ÷ industry Direct Premiums Written × 100NAIC publishes the market-share percentages directly. StatRanker does not replace those published shares with independently recalculated values.
The geographic basis is States and U.S. Territories. The NAIC report also publishes a broader countrywide aggregation that includes Canada and Aggregate Other Alien business; that broader aggregation is excluded from this U.S.-focused Top 100.
NAIC reports affiliated insurers at group level because the companies are related by ownership. Unaffiliated writers can appear as standalone companies or exchanges. That is why a search for the largest homeowners insurance companies can return a table containing both insurance groups and individual legal insurers.
2025 year-over-year context
AM Best's separate 2025 homeowners multiperil ranking reports that U.S. direct premiums written increased 9.1% in 2025 to about $188.87 billion. It also reports that the top eight writers kept their prior positions; Auto-Owners moved up one place to #9 and Erie moved into the Top 10 at #10. These figures are supporting trend context only and are not used to alter the NAIC ranking below.
Market premium growth
+9.1% in 2025, according to AM Best's U.S. homeowners multiperil ranking.
Top three growth
AM Best reports 2025 Direct Premiums Written increases of 12.1% for State Farm, 14.7% for Allstate, and 11.3% for USAA.
Largest Top-10 increase
Auto-Owners increased 20.5% and moved one position higher to #9 in AM Best's ranking.
Top-10 movement
Erie increased 11.5% and moved into #10; AM Best reports Liberty Mutual as the only Top-10 writer with a decline, at 2.0%.
Top 10 Largest U.S. Homeowners Insurance Groups and Companies
The ten largest writers account for 62.39% of 2025 Homeowners Multiple Peril direct premiums written in the official NAIC States and U.S. Territories table. The value cell shows both premium volume and published market share so the table remains readable without adding a separate fifth data column.
Top 10 by 2025 Direct Premiums Written
| Rank | Group / company | Direct Premiums Written / Market Share | Source / method note |
|---|---|---|---|
| 1 | State Farm Group | $35.270B18.67% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 2 | Allstate Insurance Group | $17.766B9.40% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 3 | United Services Automobile Association Group | $13.255B7.01% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 4 | Liberty Mutual Group | $10.396B5.50% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 5 | Farmers Insurance Group | $10.310B5.46% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 6 | American Family Insurance Group | $9.716B5.14% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 7 | Travelers Group | $8.622B4.56% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 8 | Chubb Ltd. Group | $4.707B2.49% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 9 | Auto-Owners Group | $4.138B2.19% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 10 | Erie Insurance Group | $3.710B1.96% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
All row values are official NAIC 2025 observations. Display conversion: source $000 to USD billions or millions. The raw source value determines rank.
Chart: Top 20 Homeowners Insurance Writers by Direct Premiums Written
The chart uses exactly the same raw 2025 premium values as the main ranking table. State Farm, Allstate, and USAA form the leading tier, while the official cumulative NAIC market share reaches 73.45% at rank #20.
Methodology
This compiled research dataset uses 4 sources, but the numeric ranking is intentionally single-source. Every rank, entity name, 2025 Direct Premiums Written value, market-share percentage, cumulative share, and the $188.953631 billion industry total comes from the NAIC 2025 Market Share Report. NAIC explanatory material is used only to define homeowners coverage and premium terminology; AM Best is used only for year-over-year context.
Metric
NAIC annual statement line 04, Homeowners Multiple Peril, ranked by Direct Premiums Written.
Unit and direction
Source unit: U.S. dollars in thousands. Direction: descending; a larger raw Direct Premiums Written value ranks higher.
Target year
2025 observed data. The NAIC report is dated August 2026, so this is a 2026 publication snapshot of completed 2025 results, not a 2026 projection.
Geographic coverage
States and U.S. Territories. Canada and Aggregate Other Alien business are excluded by selecting the NAIC's U.S.-territories countrywide aggregation.
Group versus company
Related insurers are reported as NAIC groups; unaffiliated writers can remain standalone companies or exchanges. Group totals are not split into subsidiary insurers.
Inclusion / exclusion
Ranks 1-100 are included exactly. NAIC publishes 125 countrywide writers for this line; ranks 101-125 are excluded only because this article is a Top 100.
Written vs earned premium
Written premium records premium written during the period; earned premium represents the portion associated with coverage already provided. Rank uses written premium only.
Rounding
Ranking uses raw NAIC $000 values. Billion and million labels are rounded only after ranking, so display rounding cannot change rank order.
Missing values: none of the included Top 100 rows is missing Direct Premiums Written or published market share. No row is imputed, estimated by StatRanker, or filled from a secondary source.
Source hierarchy and conflicts: the official NAIC report controls the ranking. AM Best reports approximately $188.87 billion of 2025 U.S. homeowners multiperil Direct Premiums Written, while the selected NAIC States and U.S. Territories table reports $188.953631 billion. The figures are not averaged, and this page does not claim a specific cause for the small difference.
Louisiana qualification: NAIC states that Direct Written Premiums in the Fire, Homeowners, Allied Lines, and Total All Lines sections include estimated 2025 premium data reported directly to NAIC from Louisiana's state-run property insurer of last resort. This is a qualification in the official source, not a StatRanker model or forecast.
What this metric does not measure: number of policies, number of insured homes, average premium, customer satisfaction, complaint rate, claims service, financial strength, solvency, profitability, loss ratio, pricing competitiveness, coverage breadth, or geographic availability.
Top 100 U.S. Homeowners Insurance Companies and Groups by Direct Premiums Written
Search the full ranking, filter NAIC groups versus standalone insurers, filter data status, change sort order, or switch between Top 10, Top 20, and all 100 confirmed entries. Rank always refers to the official descending order by raw 2025 Direct Premiums Written, even if you temporarily sort the displayed rows by name or value. Search checks all 100 entries; the Top 10 and Top 20 controls continue to apply when using the other filters.
Showing 100 of 100 confirmed entries.
No matching companies or groups. Clear the search or adjust the filters to view matching entries.
Top 100 by 2025 Homeowners Multiple Peril Direct Premiums Written
| Rank | Group / company | Direct Premiums Written / Market Share | Source / method note |
|---|---|---|---|
| 1 | State Farm Group | $35.270B18.67% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 2 | Allstate Insurance Group | $17.766B9.40% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 3 | United Services Automobile Association Group | $13.255B7.01% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 4 | Liberty Mutual Group | $10.396B5.50% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 5 | Farmers Insurance Group | $10.310B5.46% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 6 | American Family Insurance Group | $9.716B5.14% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 7 | Travelers Group | $8.622B4.56% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 8 | Chubb Ltd. Group | $4.707B2.49% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 9 | Auto-Owners Group | $4.138B2.19% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 10 | Erie Insurance Group | $3.710B1.96% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 11 | Nationwide Corp. Group | $3.495B1.85% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 12 | Progressive Group | $3.336B1.77% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 13 | Universal Insurance Holding Group | $2.018B1.07% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 14 | Tokio Marine Holdings Inc. Group | $1.950B1.03% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 15 | Cincinnati Financial Group | $1.907B1.01% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 16 | Auto Club Enterprises Insurance Group | $1.797B0.95% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 17 | CSAA Insurance Group | $1.719B0.91% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 18 | Mercury General Group | $1.674B0.89% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 19 | Citizens Property Insurance Corp. | $1.503B0.80% market share | Standalone insurer · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 20 | IAT Reinsurance Co. Group | $1.493B0.79% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 21 | Florida Peninsula Holdings Group | $1.476B0.78% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 22 | Amica Mutual Group | $1.321B0.70% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 23 | Hartford Fire & Casualty Group | $1.300B0.69% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 24 | Automobile Club MI Group | $1.280B0.68% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 25 | Slide Insurance Holdings Group | $1.250B0.66% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 26 | Country Insurance & Financial Services Group | $1.230B0.65% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 27 | Munich Re Group | $1.198B0.63% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 28 | Assurant Inc. Group | $1.192B0.63% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 29 | Frontline Insurance Group | $1.163B0.62% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 30 | The Hanover Insurance Group | $1.055B0.56% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 31 | HCI Group Inc. | $1.037B0.55% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 32 | Tower Hill Insurance Group | $1.024B0.54% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 33 | Heritage Insurance Holdings Group | $983.747M0.52% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 34 | American International Group | $954.107M0.50% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 35 | Shelter Insurance Group | $774.965M0.41% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 36 | North Carolina Farm Bureau Group | $745.875M0.39% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 37 | Southern Farm Bureau Casualty Group | $744.793M0.39% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 38 | Tennessee Farmers Group | $689.818M0.37% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 39 | New Jersey Manufacturers Group | $682.655M0.36% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 40 | Iowa Farm Bureau Group | $678.843M0.36% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 41 | Alfa Insurance Group | $659.762M0.35% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 42 | American Integrity Insurance Co. | $622.928M0.33% market share | Standalone insurer · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 43 | Andover Group | $606.150M0.32% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 44 | MAPFRE Insurance Group | $556.154M0.29% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 45 | Sutton National Group | $548.675M0.29% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 46 | SH1 Holdings Group | $540.557M0.29% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 47 | Lemonade Inc. Group | $517.004M0.27% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 48 | Kentucky Farm Bureau Group | $500.828M0.27% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 49 | Texas Farm Bureau Mutual Group | $481.295M0.25% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 50 | Grange Mutual Casualty Group | $474.242M0.25% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 51 | Kin Insurance Inc. Group | $473.593M0.25% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 52 | Markel Group | $445.178M0.24% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 53 | Orion180 Group | $441.448M0.23% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 54 | Safepoint Holdings Inc. Group | $418.314M0.22% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 55 | Acuity A Mutual Insurance Co. | $418.255M0.22% market share | Standalone insurer · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 56 | Hale Partnership Group | $414.948M0.22% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 57 | Westfield Group | $413.568M0.22% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 58 | W. R. Berkley Corp. Group | $405.379M0.21% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 59 | QBE Insurance Group | $400.420M0.21% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 60 | Olympus Insurance Co. | $383.859M0.20% market share | Standalone insurer · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 61 | Porch Group | $353.030M0.19% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 62 | NYCM Insurance Group | $347.318M0.18% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 63 | WT Holdings Group | $344.234M0.18% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 64 | Southern Oak Insurance Co. | $337.042M0.18% market share | Standalone insurer · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 65 | Security First Insurance Co. | $333.263M0.18% market share | Standalone insurer · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 66 | Ocean Harbor Group | $324.490M0.17% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 67 | Horace Mann Group | $319.179M0.17% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 68 | Safety Group | $314.057M0.17% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 69 | Clear Blue Financial Group | $306.103M0.16% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 70 | Vermont Mutual Group | $305.136M0.16% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 71 | West Bend Insurance Group | $293.916M0.16% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 72 | Palisades Group | $279.056M0.15% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 73 | Berkshire Hathaway Group | $277.271M0.15% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 74 | Western Service Contract Group | $270.791M0.14% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 75 | Indiana Farm Bureau Group | $268.483M0.14% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 76 | Michigan Farm Bureau Group | $256.615M0.14% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 77 | Arbella Insurance Group | $252.494M0.13% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 78 | Plymouth Rock Insurance Group | $241.282M0.13% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 79 | Vault Holdings Group | $239.872M0.13% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 80 | Allied Trust Insurance Co. | $237.747M0.13% market share | Standalone insurer · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 81 | Benchmark Holding Group | $237.337M0.13% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 82 | GeoVera Holdings Inc. Group | $231.881M0.12% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 83 | Iron Family Holdings Group | $230.132M0.12% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 84 | Peoples Trust Insurance Co. | $222.378M0.12% market share | Standalone insurer · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 85 | N&D Union Mutual Insurance Group | $220.903M0.12% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 86 | TFP & TWI Group | $219.991M0.12% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 87 | Selective Insurance Group | $216.987M0.11% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 88 | Kingstone Insurance Co. | $216.749M0.11% market share | Standalone insurer · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 89 | North Star Co. Group | $216.055M0.11% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 90 | Cypress Group Holdings Inc. Group | $212.531M0.11% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 91 | 5B Alliance Group | $212.287M0.11% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 92 | American Traditions Insurance Co. | $204.583M0.11% market share | Standalone insurer · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 93 | MS & AD Insurance Group | $199.663M0.11% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 94 | PEMCO Mutual Insurance Co. | $191.407M0.10% market share | Standalone insurer · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 95 | Cabrillo Holding Group | $188.356M0.10% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 96 | DB Insurance Group | $185.036M0.10% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 97 | Georgia Farm Bureau Group | $183.604M0.10% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 98 | FMNE Insurance Co. | $182.156M0.10% market share | Standalone insurer · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 99 | Loggerhead Reciprocal Interinsurance Exchange | $177.247M0.09% market share | Standalone insurer · NAIC 2025 · source 2025 · target 2025 · official published value. |
| 100 | Donegal Group | $162.256M0.09% market share | Group · NAIC 2025 · source 2025 · target 2025 · official published value. |
This compiled research dataset keeps every ranking row tied to one numeric authority: NAIC 2025 Market Share Report, line 04, States and U.S. Territories. Source unit: $000. Use the controls above to view the Top 10, Top 20, or the full Top 100.
Insights From the 2025 Homeowners Insurance Ranking
Key Insight
The Top 10 account for 62.39% of official NAIC 2025 market share, while the Top 20 reach 73.45%. Premium volume is therefore concentrated among a relatively small set of large writers.
Notable Pattern
The table drops from Travelers at $8.622 billion in rank #7 to Chubb at $4.707 billion in rank #8. The next positions then compress into a much tighter premium range.
Source Concentration
All 100 ranking rows come from one official NAIC table. Supporting NAIC definitions and AM Best trend data are kept separate so secondary sources cannot alter row values or rank order.
Outlier
State Farm's 18.67% published market share is visibly separated from Allstate at 9.40% and USAA at 7.01%, making the #1 position unusually large within the Top 100 distribution.
What the Ranking Means for Homeowners Insurance Market Share
This page answers the market-size question: which U.S. homeowners insurance groups and companies write the most premium in NAIC line 04. It does not answer which insurer has the most customers, because premium volume reflects both the amount of business written and the price and insured value of that business.
A company's Direct Premiums Written can change because of policy growth or contraction, rate changes, shifts in insured property values, changes in geographic mix, portfolio transfers, acquisitions, or other business changes. A higher premium rank therefore should not be interpreted automatically as equivalent growth in the number of insured homes.
Corporate structure matters too. A group row can combine several affiliated underwriting companies, while a standalone insurer appears as one legal entity. For that reason, the NAIC group/company structure shown here should be preserved when comparing market shares.
Finally, market share is not a quality score. A large premium writer is not necessarily cheaper, more profitable, financially stronger, more widely available, or better at claims handling. Those questions require different datasets and metrics.
FAQ
Which company has the largest U.S. homeowners insurance market share in 2025?
State Farm Group ranks #1 in the selected NAIC table with $35.270 billion in Direct Premiums Written and an 18.67% market share.
What does Direct Premiums Written mean?
NAIC defines direct written premium as premium received or written directly by the insurance company without adjusting for the portion ceded to a reinsurer. On this page, it is the premium-volume metric used for ranking.
What is the difference between written premium and earned premium?
Written premium records premium written during the period. Earned premium is the portion associated with insurance protection already provided during the elapsed part of the policy term. The ranking uses written premium, not earned premium.
How is homeowners insurance market share calculated?
Conceptually, market share equals a writer's Direct Premiums Written divided by the industry Direct Premiums Written total for the same line and geography, multiplied by 100. The percentages displayed here are the market shares published by NAIC.
What does Homeowners Multiple Peril include?
It is NAIC annual statement line 04. NAIC describes homeowners insurance as a package protecting the home and personal property and generally including liability protection, with common coverages such as dwelling, other structures, personal property, loss of use, personal liability, and medical payments. This ranking uses the regulatory line as reported by insurers rather than independently reclassifying policy forms.
Are these 2026 market-share values?
No. These are observed 2025 values in an NAIC report dated August 2026. The page is a 2026 publication snapshot of 2025 results, not a forecast of 2026 premiums.
Why does the table contain groups as well as individual insurance companies?
NAIC groups affiliated insurance companies when they are related by ownership. Unaffiliated writers can remain standalone companies or exchanges. The ranking preserves the reporting structure used in the official source.
Does an 18.67% premium share mean State Farm insures 18.67% of U.S. homes?
No. The share is based on premium dollars, not policy count or number of insured properties. Differences in premium rates, insured values, coverage mix, and geography mean premium share and home-count share are not interchangeable.
Why does AM Best show a slightly different 2025 market total?
AM Best reports about $188.87 billion, while the NAIC States and U.S. Territories table used for this ranking reports $188.953631 billion. The available public sources do not establish a single definitive reason for the small difference, so the figures are not averaged and the NAIC value controls this ranking.
Are loss ratios or customer ratings used to rank the companies?
No. Rank is based only on Direct Premiums Written. Loss ratios, complaints, customer satisfaction, financial strength, pricing, and claims service require separate measures.
Sources
This compiled research dataset uses four sources. The NAIC 2025 Market Share Report is the sole numeric authority for the Top 100. The other sources define terminology, explain homeowners coverage, or provide separately attributed year-over-year context.
NAIC — 2025 Market Share Reports for Property/Casualty Groups and Companies
Primary numeric source for all 100 ranks, entity names, Direct Premiums Written, market shares, cumulative shares, source year, geographic aggregation, and industry total. Use the countrywide States and U.S. Territories section for line 04 — Homeowners Multiple Peril.
https://content.naic.org/sites/default/files/publication-msr-pb-property-casualty.pdf
NAIC — Glossary of Insurance Terms
Terminology source for Direct Written Premium and Earned Premium used in the metric explanation.
NAIC — Homeowners Insurance
Current NAIC explanatory source for common homeowners coverage types and how homeowners insurance protects property and provides liability coverage.
https://content.naic.org/insurance-topics/homeowners-insurance
AM Best — U.S. Homeowners Multiperil Direct Premiums Up 9.1% in 2025
Independent year-over-year context for 2025 market growth and movement among leading writers. It does not replace or modify NAIC ranking values.
https://news.ambest.com/newscontent.aspx?altsrc=170&refnum=275192
