Auto insurance. Pool the risk of driving.
It is a financial instrument.
It exists to relieve Driving creates accident and liability risk and Teenagers are the most dangerous drivers on the road. That is the whole reason it is here: nothing enters this map without a human problem behind it.
It could not exist without Actuarial science and Car ownership. These are the quiet preconditions — remove any one and the solution stops working.
13 organisations in this map sell it, 9 of them publicly listed.
Its neighbourhood
Everything this entry connects to directly. Click any point to follow it.
The line back to a human being
4 hops from a person at a phase of life. The further a thing sits from the person, the more abstract it looks — and the more it tends to be mistaken for something that came from nowhere.
- SolutionAuto insurance
- FrictionDriving creates accident and liability risk
- SolutionCar ownership
- FrictionGet from the dwelling to work and family
- Life phaseHousehold formation
- Rooted inSafety
- Rooted inScarce time
Relieves
Requires
Who sells it
| Organisation | Value | Type | Products |
|---|---|---|---|
| Berkshire Hathaway (GEICO) | $1.0T | public · BRK.B | GEICO auto insurance, reinsurance |
| Tesla | $1.0T | public · TSLA | Model Y, Model 3, Robotaxi |
| Allianz | $150B | public · ALV | P&C, life, PIMCO |
| Progressive | $140B | public · PGR | auto insurance, home via partners, renters |
| Zurich Insurance | $90B | public · ZURN | P&C, life, Farmers management |
| Travelers | $60B | public · TRV | auto, home, business insurance |
| Allstate | $50B | public · ALL | auto, homeowners, renters |
| The Hartford | $35B | public · HIG | business insurance, group disability, AARP auto |
| PB Fintech (Policybazaar) | $10B | public · POLICYBZR | insurance and loan marketplace |
| State Farm | mutual | auto, homeowners, renters | |
| Nationwide Mutual | mutual | auto, home, life | |
| Liberty Mutual | mutual | auto, home, Safeco | |
| USAA | mutual | auto, home, banking |