2nd Look 2025: Market Share For MA Commercial Auto Insurance Marketplace

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Safety is the largest Commercial Auto Insurer in MA as of December 2024

Our latest “check-up” on the Commercial Auto Insurance marketplace takes a look at the state of the marketplace in the last month of 2024. As always, the data reviewed for this line of insurance is provided courtesy of the Commonwealth Automobile Reinsurers.

For those readers unfamiliar with the Commonwealth Automobile Reinsurers, “CAR” is the official statistical agent for motor vehicle insurance in the Commonwealth of Massachusetts.

While Safety and Commerce continually vie for the top spot in this line of insurance, as of December 2024, Safety claimed the top spot, albeit by .01%. The following is a list of all the Commercial Auto Insurers in Massachusetts along with their corresponding market share.

According to the latest data from CAR, there are currently 70 insurers active in the Commercial Auto insurance marketplace in Massachusetts. The total premiums for this line of insurance amounted to $1,329,843,529.

Commercial Auto Insurers Ranked by Premiums & Market Share

	Company	Premiums ($)	Market Share (%)
1.	SAFETY	172,132,708	12.94
2.	COMMERCE	171,955,880	12.93
3.	ARBELLA	135,999,437	10.23
4.	PROGRESSIVE	122,549,984	9.22
5.	TRAVELERS	89,804,094	6.75
6.	PLYMOUTH ROCK	63,925,483	4.81
7.	FIREMAN’S	47,706,362	3.59
8.	TOKIO MARINE & NACHIDO	46,664,869	3.51
9.	SELECTIVE INSURANCE	34,721,204	2.61
10.	ZURICH	34,709,918	2.61
11.	HANOVER	31,877,767	2.40
12.	TWIN CITY FIRE INS	27,831,470	2.09
13.	LIBERTY MUTUAL INS	25,511,188	1.92
14.	UTICA	24,399,654	1.83
15.	MOBILITAS GENERAL INS.	24,055,599	1.81
16.	OLD REPUBLIC	23,902,210	1.80
17.	GREAT AMERICAN	18,047,463	1.36
18.	GREEN MOUNTAIN	16,123,411	1.21
19.	FEDERATED MUTUAL	15,686,919	1.18
20.	AMERICAN CASUALTY	15,314,064	1.15
21.	NEW HAMPSHIRE	13,003,729	0.98
22.	ARGONAUT	12,591,419	0.95
23.	NATIONAL GRANGE	11,586,315	0.87
24.	FEDERAL	11,369,828	0.85
25.	N&D MUTUAL	10,381,153	0.78
26.	EMPLOYERS MUTUAL	10,272,059	0.77
27.	CINCINNATI	9,834,755	0.74
28.	CENTRAL MUTUAL INS	9,651,111	0.73
29.	FARM FAMILY	9,451,351	0.71
30.	IMPERIUM	8,342,340	0.63
31.	US FIRE	7,673,686	0.58
32.	MIDDLESEX INS CO	7,456,822	0.56
33.	NEW YORK AND GENERAL INS	6,741,712	0.51
34.	ARCH	6,519,569	0.49
35.	BANKERS	6,401,355	0.48
36.	MERCH MUTUAL	5,560,024	0.42
37.	STARR INDEMNITY	4,094,859	0.31
38.	QUINCY MUTUAL	3,965,609	0.30
39.	GEICO	3,815,825	0.29
40.	PREFERRED MUTUAL	2,703,805	0.20
41.	LANCER INSURANCE CO.	2,427,571	0.18
42.	MOTORISTS	2,160,275	0.16
43.	GREENWICH	1,895,270	0.14
44.	PROTECTIVE	1,803,503	0.14
45.	HARLEYSVILLE INS	1,656,200	0.12
46.	EVEREST NATIONAL	1,639,095	0.12
47.	SECURITY NATIONAL	1,540,969	0.12
48.	STATE AUTO	1,406,408	0.11
49.	ATLANTIC SPECIALTY	1,338,171	0.10
50.	CHURCH MUTUAL	1,313,539	0.10
51.	PRIME PROPERTY & CASUALTY	1,112,888	0.08
52.	PENN MNFCT ASSC INS	1,046,455	0.08
53.	BERKSHIRE HATHAWAY	1,040,087	0.08
54.	PENN LUMBERMENS	900,771	0.07
55.	SOMPO AMERICA	819,246	0.06
56.	AXIS REINSURANCE	587,879	0.04
57.	AMERICAN AUTOMOBILE	547,627	0.04
58.	QBE	469,778	0.04
59.	FALLS LAKE	405,685	0.03
60.	RLI	266,558	0.02
61.	AMERICAN FAMILY	207,369	0.02
62.	MITSUI SUMITOMO	207,136	0.02
63.	AMICA MUTUAL	174,040	0.01
64.	AMERICAN ALTERNATIVE	128,978	0.01
65.	STARSTONE NATIONAL	124,893	0.01
66.	STATE FARM	101,847	0.01
67.	GUIDEONE MUTUAL	63,294	0.00
68.	CUMIS	61,800	0.00
69.	ALLIED WORLD SPECIALTY	51,554	0.00
70.	MARKEL AMERICAN	7,633	0.00
	Total	1,329,843,529	100.00

Agency Checklists’ Proprietary Retrospective of the Commercial Auto Marketplace

The following are graphs depicting the state of the Commercial Auto Insurance Marketplace over the past 10 years. The first graph shows the top ten Commercial Auto Insurers as of December 2024, compared to Year-End 2023, Year-End 2022, Year-End 2021, and Year-End 2020. Following these comparisons are two more: one from five years ago, Year-End 2019, and the last from ten years ago, Year-End 2014.