I’m always reading about how State Farm and Allstate dominate auto insurance nationally. Our accident lawyers seem to see more of GEICO than any other insurance companies. This morning, I found an article with auto insurance market share data that lists the top 5 car insurance companies by market share in Maryland for private passenger cars:
State Farm: 19.2%
Allstate Insurance: 14.2%
Nationwide Insurance: 10.1%
Erie Insurance: 6.1%
I’ve never done a study of the auto accident cases we have in our law office, but this data does not surprise me. Our Maryland accident lawyers certainly see Erie Insurance more than 6.1% of the time, but certainly; they write more commercial policies than these other insurance companies.
Speaking of Erie, it is interesting that Erie is the only insurance company on this list that does not have in-house counsel in Maryland. Their defense lawyers—Erie seems to use Rollins Smalkin, mostly in Baltimore, and McCarthy Wilson throughout much of the rest of Maryland – are good lawyers, but I have to think that paying their hourly rates makes defending Maryland auto accident case more expensive for Erie than it is for the four insurance companies ahead of them on this list.