The top 10 commercial insurance companies in the United States, based on market share, are:
- Berkshire Hathaway
- American International Group (AIG)
- The Hartford
- The Allstate Corporation
- Liberty Mutual
- XL Catlin
- FM Global
It’s important to keep in mind that the top companies may not be the best option for your specific business needs. It’s important to compare different companies and their policies and to read customer reviews before making a final decision.
When choosing a commercial insurance company, it’s important to consider factors such as the company’s reputation, coverage options, and the cost of the policy. It’s also important to ensure that the company has experience in your industry and can provide specialized coverage.
It’s also a good idea to check the company’s financial stability and claims handling process. You can check the company’s ratings with A.M Best, Standard & Poor’s and Moody’s, which are independent rating agencies that evaluate insurance companies’ financial strength and creditworthiness.
It’s always a good idea to consult with an insurance agent or financial advisor who can help you understand your options and choose the best plan for your business needs. They can also help you find the best combination of coverage and price, as well as be able to negotiate with the insurance company on your behalf.