State Farm, Geico, Auto-Owners, New York Life and Kaiser Permanente are among this year’s top-ranked insurers.

Each year, Insure.com rates the top auto, home, life and health insurance companies. To select the best insurance companies for 2023, Insure.com’s editors gathered and analyzed insurers’ rates, their AM Best financial stability scores, their National Association of Insurance Commissioners’ complaint records and other third-party data. We also surveyed their customers to assess each company’s customer experience, claims handling ability and policy offerings. And we asked customers if they trusted their insurance company, whether they planned to renew their current policies, what they thought about their insurer’s digital experience and more.

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Based on that data, the editors ranked more than 40 companies across the four major insurance categories and came up with rankings for the best auto insurance companies, best homeowners insurance companies, best life insurance companies and best health insurance companies.

“Consumers certainly want to save money and receive a low premium when choosing an insurance company. However, it is important to also consider factors such as financial ratings, regulatory compliance and customer satisfaction,” says David Marlett, managing director of the Brantley Risk & Insurance Center at Appalachian State University and an Insure.com editorial advisor. “These rankings incorporate all of these issues and provide the consumer with a more comprehensive approach to evaluating insurance options.”

Our list includes these 10 best insurance companies for 2023:

What are the top 10 insurance companies in 2023?
Best car insurance company, best home insurance company and best life insurance company: State Farm
Best car insurance company for cheap rates: Nationwide
Best car insurance companies for customer satisfaction: Erie and Travelers
Best car insurance company for drivers with tickets: Progressive
Best home insurance company for cheap rates: Amica
Best home insurance company for policy offerings: Auto-Owners     
Best life insurance company for affordable rates: New York Life 
Best health insurance company overall: Kaiser Permanente
Best health insurance company for affordability: Aetna
It should be noted that USAA often ranks as a top insurer. But because the company only offers coverage to military members, veterans and their families, it’s not included in our overall rankings. Liberty Mutual and Safeco also were omitted from our rankings because they don’t provide pricing information – one of our key rating metrics – to our data partner Quadrant Information Services. Some other familiar names also didn’t make the cut because too few of their customers responded to our insurance survey.

The top five companies in each insurance category are as follows:

The five best car insurance companies:
State Farm
Geico
Auto-Owners
Travelers
Nationwide
State Farm customers report being highly satisfied with the company. It also received one of the highest scores for trustworthiness among the best auto insurance companies and just about all the State Farm customers we surveyed said they would renew their policies.