Nationwide auto insurance includes both physical damage and liability coverage options, providing coverage for the vehicle you own, as well as stepping in to cover damages when you are at-fault in an accident. As a large national provider of car insurance, Nationwide is able to offer a broad range of programs, including innovative low mileage and safe driver coverage that uses telematics to monitor your driving skills in real-time, rewarding safe driving with substantial discounts — up to 40 percent off your premium costs.
Drivers who use Nationwide pay less than the national average. Currently, the average cost for full coverage in the U.S. is $1,674 per year and for minimum, it is $565 per year. The average cost Nationwide customers pay is:
The cost of a premium varies based on several factors including your age, driving history, and location. The best way to know what you will be expected to pay from Nationwide is to get a quote directly from its website.
Nationwide home insurance protects your home against natural disasters and numerous perils and offers a lot of coverage options as well as discounts to help you save on your premium.
For a $250,000 home, the average cost for home insurance with Nationwide is $1,366 a year.
Keep in mind that the cost of a policy varies on many factors. These include the age of a home, replacement cost and location, among other things. What you would pay for homeowners insurance could be less or more. To get a more accurate quote, call and speak with an agent about what you need.
Besides auto and home insurance, Nationwide also provides life insurance in the following types of policies.
Unlike home and auto insurance, life insurance policies do not typically have discounts associated with them. However, Nationwide offers an online guide to help you determine the policy that is right for your particular needs and budget.
The average cost of a Nationwide auto insurance policy with full coverage is $1,485 per year, whereas the national average is $1,674 per year. That is an average savings of $189 annually, but you could possibly save more with discounts. One way to possibly save with Nationwide is through its customer loyalty discounts — meaning using Nationwide for two or more of your insurance needs. Most customers who do this bundle their car with their home (condo, apartment, or homeowners), or use Nationwide to insure multiple cars.
Coverage-wise, Nationwide offers excellent coverage options with a variety of riders and add-ons for you to be able to build your policy to fit your unique needs. All in all, Nationwide may be a good option for customers seeking a policy from a well-known, established company with a proven reputation.
In its 2020 J.D. Power Auto Claims Satisfaction Study, Nationwide tied with Allstate for eighth place out of 24 insurance companies. Nationwide received a score of 876 on a 1,000-point scale (the industry average is 872) based on claims handling.
In the 2020 J.D. Power Property Claims Satisfaction Study, Nationwide’s insurance rating was well above the industry average, with a fifth-place rating (886 points out of 1,000). This indicates a general satisfaction with the quality of the company’s customer and claims servicing for homeowners.
AM Best ranks Nationwide’s financial strength A+ (Superior), which reflects its ability to make out claims satisfactorily. Additionally, the Better Business Bureau gives Nationwide an A+ rating. The BBB bases its ratings on several factors, including the number of complaints it receives about a company, how a business responds to a complaint, how promptly a company responds to a complaint and how successfully a business resolves a complaint.
According to Nationwide insurance reviews, customers and claimants have filed a variety of complaints with the BBB against Nationwide similar to grievances lodged against other insurance companies. Some customers complained of slow service by claims adjusters or miscommunication regarding claims. Others disputed the amount of their settlements or slow payouts.
In addition to car and homeowners insurance, Nationwide offers a wide range of financial products, including: