Getting a car policy that really meets expectations in urgent situations depends mainly on the company behind you. Sometimes the price is not everything, and it is convenient to know the weight that our entity has in the insurance market. For this reason, we have compiled a ranking of the 10 best car insurers in Spain by premium volume. They are the ones that sell the most vehicle policies and that means something, don't you think?

This list of car insurers has been prepared with data from the statistical service of the insurance sector in Spain, ICEA, referring to the year 2018. In addition, it is important to note that this is a ranking of insurance groups, that is, that the Insurance may of Car sold by several brands specialized in this type of product are under the same Insurance company.

 

The idea of ​​preparing this post on the car insurers that sell the most Insurance in Spain aims to show clients of this type of policy, especially the most undecided, how the vehicle insurance market is distributed and show which are the leading insurers In our country.

If you are thinking of changing your insurer, this ranking offers clues to which companies have earned the trust of most drivers. Any of them offer the guarantees that we all expect from a Car Insurance, although it is true that each Insurance company has its particularities.

And that's why Insurance brokers can be key when insuring a vehicle. They know the products of each company better than anyone and can advise you and help you purchase cheap Car Insurance with the coverages you really need. And of course, with leading companies in the sector, such as those included in this ranking of car insurers.

 

The car insurers present in this list are large companies that manage hundreds and even billions of euros in premiums.

Outside the ranking there are many entities, but the truth is that among the ten largest auto insurers, they account for 85% of the total premiums in the Spanish insurance market.

And it is that, in this club of the great insurers of automobiles does not enter anyone. These are the leading companies in the Spanish car insurance market:

 

If we talk about large auto insurers, Mapfre is the largest company in the Auto industry by far. Only in 2018, it obtained 2,226 million euros in premiums and consolidated a market share of 20%. Come on, you could say that 1 out of every 5 euros destined to insure vehicles translates into Mapfre Car Insurance .

However, this insurance group has greatly diversified its activity and is very strong in other types of policies, among which we can highlight Mapfre's Home Insurance , as well as Life and Health policies, among others.

However, Mapfre is one of the great specialists in insuring all types of vehicles and has a wide range of insurance for passenger cars, with tailored policies, Youth Insurance and specialized insurance products, such as Classic Car Insurance or Car Insurance. Electric .

The Allianz group ranks second in this ranking of Car Insurance. The German multinational obtained 1,563 million euros in premiums in 2018 and was one of the insurance companies that grew the most during that year.

In fact, it currently has more than 14% market share in automobile policies, with a diversified offer of Allianz Vehicle Insurance , aimed at both individuals and freelancers and companies.

Let's not forget that Allianz is one of the main insurance groups in Europe and that in Spain it offers a wide variety of insurance products, such as Allianz Home Insurance , Life, Health and Business Insurance , in addition to an important offer of Savings products and investment.

 

The third drawer of the podium of large car insurers is for the Mutua Madrileña Group , which closed 2018 with a premium volume of 1,485 million euros. Auto Insurance has been the traditional engine of this increasingly diversified insurer, which has managed to position itself with the leading insurer in General Insurance in Spain.

However, Mutua Madrileña Car Insurance offers interesting coverage and many services and advantages, which make its offer very attractive, both for cars and Motorcycle Insurance. Not surprisingly, the Mutua group accounts for more than 13% of the entire vehicle insurance market in Spain.

Another of the large international insurance groups, AXA Seguros , is at the forefront of the Auto industry in our country. With about 9% market share and 967 million euros in premiums, the French company is the fourth largest car insurer by volume of premiums.

AXA is considered the world's leading insurer and in Spain it is one of the largest groups in the sector. In addition to AXA's complete offer of Car Insurance , it is one of the main Non-Life Insurance companies, with products such as AXA Home Insurance .

On the other hand, the company also stands out for its Life Insurance AXA and AXA insurance Trade . It also offers much more specific solutions, such as AXA Bicycle Insurance or Life Insurance for diabetics

The Bankinter group insurer, Línea Directa , has slipped into the top 5 of the largest Car Insurance companies in 2018, after reaching a premium volume of 741 million euros. After a good year, this company has already taken a 6.6% market share.

Línea Directa is one of the bank insurers that has focused on vehicle insurance, although it has long been betting on diversifying towards other types of policies, such as Home Insurance.

The sixth position in this ranking is occupied by an insurance group that integrates several well-known brands in the sector. Seguros Catalana Occidente , Plus Ultra Seguros or Seguros Bilbao , among others, are some of the group's brands that operate in the car insurance market.

The group as a whole achieved a premium volume in Auto Insurance of 654 million euros, with a market share of 5.8% in the Auto branch.

Reale Seguros has also slipped into the top 10 of car insurers with a premium volume that in 2018 reached 527 million euros. These figures have allowed it to gain a market share of 4.7%.

The car insurance Reale are the main business of the insurance group, although among the products it sells in Spain highlights Insurance Home Reale , the Life Insurance Reale and Insurance for SMEs . In addition, the group also carries out an important activity in Life Insurance, through the subsidiary Reale Vida y Pensiones.

The Generali Group is another important player in the international insurance sector with a strong presence in Spain. In the Auto industry, the insurer has a 4.68% share and occupies the eighth position among the largest Car Insurance companies, with a volume of written premiums of 520.9 million euros.

Despite its international vocation, Generali is one of the insurance groups with the longest track record in Spain, where it has been present since 1834. Currently, Generali's Car Insurance is among the most hired, although it is also worth noting the Home Insurance of Generali and its Accident policies , as well as its wide portfolio of Life products.

Liberty Seguros is another of the multinational insurance groups that remains among the main sellers of Car Insurance in Spain. The ninth position in the ranking is due to the 486 million euros in written premiums it achieved in 2018, which represents a market share of 4.37%.

Car Insurance is not the only business of Liberty Seguros, which also offers its Liberty Life Insurance , Home and Health policies, as well as tailor-made solutions for transport companies, such as Liberty Merchandise Insurance , among others.

 

The last position in this top 10 of car insurers is occupied by the Zurich company , which in 2018 issued premiums for 371.4 million euros. Although Zurich has a 3.34% market share, it was the insurer that fell the most in premium volume compared to the previous year, after registering a 3.71% drop.

The Swiss company is the one that closes this ranking of the largest car insurers in Spain , a branch that closed 2018 with a total of 11,135 million euros in premiums, almost 2% more than the previous year.

 

The insurance groups that make up this top 10 of Car Insurance are leading and solvent companies that have consolidated customer services and a policy offering for practically any driver.

But it must be remembered that they are not the only insurers that can respond to your needs, with good insurance products and cheap prices.

When choosing the vehicle policy, many things must be taken into account and it is possible to purchase cheaper Car Insurance from large companies and, also, from reliable but smaller insurers.

You have to compare offers and read carefully the conditions of the policies they offer us. On the blog you can find useful tips to hire Car Insurance , although our recommendation is that you contact our advisors and request a quote.

As Insurance brokers with extensive experience in insuring all types of vehicles , we can compare the most tempting offers and select the ones that can really fit your needs, always looking for the cheapest price. Just fill out a questionnaire and we will get to work for you.