What’s a car insurance company worth? – Automotive Insider
Posted March 01, 2018 11:29:40 The value of car insurance is often a bit of a mystery.
It is hard to pin down exactly how much each company charges, as it varies by state, the type of vehicle and insurance policies, as well as the terms and conditions of the policy.
The Australian Securities and Investments Commission (ASIC) has now compiled a handy list of the top automobile insurance companies in Australia.
The ASIC’s website says that the top ten companies were:The top ten Australian automobile insurers are listed below:There is no official figure for the total number of auto insurance policies issued in Australia, but the Australian Bureau of Statistics says that there were 7.9 million auto insurance policy holders in Australia in 2019.
The top 10 companies in the chart above were:Airport Car Accidents (ASX 200) (NON-AGC: AIRAX), (NOM): Airline Accidents, Inc., (NOK: AIRL), (NSW: ALLEV) (ASEX 200) (NONAGC) DaimlerChrysler Automobiles, Inc. (ASI: CHRYSLER) Fiat Chrysler Automobiles (NEO: FCA) GeelyGeely Automobile Group, Inc (NOC: GEEKY) Lamborghini Motor Co. (NOG: MAN) Motor Trend Motor Car (NOS: TROPHY)Mercedes Benz Automobiles Australia (ASL: MIG) Mercedes-Benz Automobiles Europe (ASF: MEG) Mitsubishi Motors (NIS: MUTSU) Nissan Motor Australia (NSL: NV) North America Car Insurance (NFC: NCL)Nissan Australia (NAC: NAC)NXT Motorsports (NX: NX)Olympic Car Insurance, Inc, (NXT: MCS) Olympia Car Insurance Group, LLC (ASIA: MCO) Progressive Automobile, Incorporated (NOL: PUERTO) Shire Australia (SIA: SHIRE)SMC Automobile Limited (ASN: SMC)Superior Motor Car Insurance Limited (SMC: MC)Tequila Car Insurance Ltd (ASP: TAX)Viper Motor Insurance, LLC, (VIP: PIRTL)We will update this list as more companies come to our attention.