In Danville, California, homeowners pay an average home insurance rate of $1,327. Danville homeowners choose home insurance companies based on how reasonably priced their quotes are. However, homeowners should also consider other factors such as claims processing speed, customer service, and availability of discounts before choosing the best home insurance company. Below are the top 5 home insurance companies in California according to market share.
State Farm is the most prominent company in California, occupying the major market share of 17.56%. It has written direct premiums worth $1,469,169 and earned direct premiums worth $1,405,885. A.M. Best has awarded it with a financial strength rating of A++ for its superior financial ability in granting potential claims to current Danville policyholders. It holds a customer satisfaction score of 4/5 based on the feedback collected from policyholders by J.D. Power.
According to NAIC, Farmers occupy a market share of 15.97%. The total value of direct premiums written and earned by Farmers is $1,335,894 and $1,293,054, respectively. It has received a financial strength rating of A+ from A.M. Best for its superior financial ability to grant claims of current policyholders. Based on the feedback curated by J.D. Power, Farmers has a customer satisfaction score of 3/5.
CSAA follows Farmers in terms of market share, occupying 6.51% of the shares. It has direct premiums written and earned with a total value of $544,788 and $527,552. CSAA received an A rating by A.M. Best for its excellent financial ability in granting potential claims of current policyholders. J.D. Power has awarded CSAA with a rating of 3/5 on customer satisfaction.
Liberty Mutual has a market share of 6.24% in California, with direct premiums written worth $521,782 and direct premiums earned worth $501,655. A.M. Best rated Liberty Mutual with an A for its excellent ability to grant current policyholders’ potential claims. In terms of overall customer satisfaction, Liberty Mutual received a score of 3/5 from J.D Power.
Allstate is another major player in the home insurance segment, with a market share of 5.91%. The home insurance company has direct premiums written worth $494,685 and direct premiums earned worth 488,052. Allstate has the superior financial ability in granting potential claims of current Danville policyholders and has been awarded a rating of A+ from A.M. Best. It received a customer satisfaction score of 3/5 from J.D. Power.