List of the Largest Commercial Auto Insurers in Texas

Top Commercial Auto Insurers in Texas

In the competitive landscape of commercial auto insurance in Texas, several companies lead the market. Based on the Texas Department of Insurance’s Annual Legislative Report on Market Conditions, here are the top commercial auto insurance groups by market share in Texas:

1. Progressive dominates the market with a substantial 25.1% share, translating to $1.298 billion in direct written premiums. Progressive has maintained its top position since 2019.
2. Berkshire Hathaway holds a 4.8% market share, with $248 million in direct written premiums, climbing to the second position from its fifth-place rank.
3. Travelers is close behind with a 4.7% share and $243 million in premiums, retaining its third-place rank from the previous year.
4. Old Republic secures a 3.6% market share, totaling $184 million in premiums, moving up one spot to fourth place.
5. Liberty Mutual accounts for 3.4% of the market, with $176 million in premiums, down from third to fifth position.
6. Nationwide Corp has a 2.9% share and $149 million in premiums, rising to sixth from ninth place.
7. WR Berkley Corp, also with a 2.9% share and $148 million in premiums, has climbed from the eleventh to the seventh position.
8. Zurich Insurance holds a 2.6% market share with $135 million in premiums, slightly down from sixth to eighth.
9. Chubb Ltd and State Farm both hold a 2.4% market share, with $124 million and $123 million in premiums, respectively. Chubb Ltd is a new entry in the rankings, while State Farm has moved up from fourteenth to tenth place.

This detailed overview highlights the market dynamics and the leading players in the Texas commercial auto insurance sector.