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Taking a Look at the Biggest Auto Insurance Companies and How They Grew Their Businesses

The auto insurance is the most important thing in today’s world and there are many companies that are providing these services in different parts of the world. But there are some companies that are leading this industry and that have reached a very high position as compared to others. The reputation of these companies was never the same and they also started from zero like many other auto insurance companies.

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Some of the companies started offering this service as an additional service while the others just took a start with this service. There were many companies that started providing this service and suffered from bankruptcy right after a few months. But some of them survived and became one of the best auto insurance companies in this industry.

In today’s article, we are going to talk about the biggest auto insurance companies that started from zero and then became one of the best companies in the world. Before you purchase the auto insurance from these companies, you must take a look at how well they are serving their customers.

State Farm

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State Farm is one of the best auto insurance companies in the world. State Farm is considered to be the best auto insurance company when you are looking to buy the auto insurance for teens. The company started around 7 years ago with a few employees and it started growing right after launching. They became successful just because they were focused on providing the best services to the customers.

This is the main reason why they became one of the top companies. Similarly, they provided the excellent quality customer service to the customers due to which customers felt very satisfied and recommended their services to their friends and family members.

GEICO

The GEICO is another most popular and fastest growing company that has been providing its services in the auto insurance industry for many years now. This company used to most important methods to promote their services. They provided the excellent services and focused on marketing their business by using several ways. Thus, they won many customers and reached the position where they are standing today.

Progressive

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The name itself relates that the company was meant to become one of the most successful industries in the world and they successfully achieved all the goals that they had planned for. Now, they have more than 400 offices working in different parts of the world. They introduced several interesting packages that no other companies introduced before. This is why they became very successful and popular as well.

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James Brumley is a freelance writer and registered investment advisor. He began his career as a broker with a major Wall Street firm, where fundamentals and long-term holding periods were core strategies. After that, he switched gears completely, becoming an analyst at a short-term trading newsletter that focused on technical analysis. He now manages client money using the best of both philosophies. His company, Bluegrass Portfolio Management, offers investors an opportunity to reap superior returns with minimized risk.