In this article, we will look into the 5 best earthquake insurance companies heading into 2024. If you want to read our detailed analysis, you can go directly to the 15 Best Earthquake Insurance Companies Heading into 2024.
5. Tokio Marine Holdings, Inc. (OTC:TKOMF)
Market Cap as of December 19: $48.01 billion
Headquartered in Japan, Tokio Marine Holdings, Inc. (OTC:TKOMY) is a leading insurance company. With experience of over 100 years, the company provides a wide range of insurance products and services. Its earthquake insurance provides coverage for earthquake, volcanic eruption, fire, and explosion following earthquake/volcanic eruption/tsunami. The premium rates for the company’s earthquake insurance depend on occupancy, age of facility, and region stage of construction. It is ranked among the best earthquake companies and is valued at $48.01 billion, as of December 19.
4. Liberty Mutual Insurance
Annual Revenue (2022): $50 billion
Liberty Mutual Insurance is a leading insurance company in the United States. The company has over 100 years of experience in innovative insurance products, services, and technologies. The company provides earthquake insurance to both renters and homeowners. The company reported an annual revenue of $50 billion in 2022.
3. Nationwide Mutual Insurance Company
Annual Revenue (2022): $57.00 billion
Nationwide Mutual Insurance Company is a group of insurance companies, specializing in insurance, banking, investments, annuities, and life insurance and retirement planning. The company offers tailored earthquake insurance solutions, providing coverage for property, direct physical loss, and damage to dwellings and other structures. The company is ranked 3rd on our list, reporting an annual revenue of $57 billion in 2022.
2. State Farm
Annual Revenue (2022): $89.30 billion
State Farm is a group of mutual insurance companies in the United States, specializing in insurance, financial services, life insurance, health insurance, and auto insurance. The company offers a wide range of earthquake insurance policies. It is ranked among the best earthquake insurance companies heading into 2024. State Farm reported an annual revenue of $89.30 billion in 2022.
1. Chubb Limited (NYSE:CB)
Market Cap as of December 19: $90.17 billion
Ranked 1st on our list, Chubb Limited (NYSE:CB) is a leading financial services company, specializing in accident and supplemental health insurance, reinsurance, and life insurance. The company offers a variety of earthquake insurance solutions under its natural disasters and catastrophes business. It is ranked among the best earthquake insurance companies and is valued at $90.17 billion, as of December 19.
Follow Chubb Ltd (NYSE:CB)
Follow Chubb Ltd (NYSE:CB)
You can also look at 17 High Growth Large-Cap Stocks To Invest In and 13 Most Profitable Oil Stocks in the World.
