Nationwide Car Insurance Pricing

Nationwide’s average annual premium is $1,614, which is almost $500 cheaper than the industry average of $2,071. Here are some interesting cost considerations:

• A liability-only policy averages $937 per year for a 30-year-old. This type of car insurance would fall under the minimum coverage for most states.
• A full-coverage policy averages $2,698 for a 50-year-old. The more auto insurance coverage you have, the more expensive your rates are. Full coverage includes liability, collision, comprehensive, and medical payments coverage/personal injury protection.
• Adding a teen driver averages $2,932 per year.

Your car insurance premium depends on a lot of factors, so don’t expect it to align perfectly with the average. Your location, age, car, and driving history, as well as whether you have state minimum liability or full coverage, will affect your rate.¹

We recommend shopping around for rates to make sure you are getting the best price for the coverage you desire. When you get multiple quotes, make sure the coverage options match (property damage liability, medical payments, comprehensive, collision, etc.).

Nationwide offers the following discounts to help reduce the cost of auto insurance:

• Multipolicy: You can save an average of $646 when you bundle home and auto insurance.
• SmartRide: If you add a tracking device to monitor your driving habits, you can get a discount for signing up. Plus, it will reduce future premiums, based on your driving history.
• Accident-free: Nationwide gives you a discount when you maintain an accident-free driving record for five years.
• Good student: Drivers between the ages of 16 and 24 who maintain a 3.0 or better GPA are eligible for this discount.
• Defensive driving: If you are 55 or older and take and pass an approved defensive driving class, you qualify for a reduction in your premium.
• Anti-theft: Get a discount when you equip your car with anti-theft devices, since these safety features make car theft less likely.
• Safe driver: This discount is for drivers who don’t have any tickets for five years.
• Automatic payments: Get a one-time discount when you enroll in automatic deductions from a bank account.

Accident Forgiveness

Even good drivers have accidents occasionally. Nationwide doesn’t believe that you should be penalized for the occasional accident. Accident forgiveness prevents your insurance rate from increasing after an at-fault accident. You can use it once on your policy, but you would have to have opted in and paid for this feature previously.

Local Agents

Nationwide sells auto insurance policies through a network of independent agents around the country. These agents reside in local communities, giving them an edge in understanding the local market. This model allows Nationwide to bring personalized service to all of its customers.

Nationwide sells auto insurance policies in 45 states and the District of Columbia. However, it is not available in these states:

• Alaska
• Delaware
• Hawaii
• Louisiana
• Maryland

To cancel your auto insurance policy, contact your agent or call Nationwide directly at 877-669-6877. You can cancel at any time. When you cancel, Nationwide will return any unearned premium to you.

Nationwide started in 1926 as the Farm Bureau Mutual Automobile Insurance Co. In 1934, Farm Bureau Mutual acquired a fire insurance company and wrote its first property-insurance policy. It expanded from just five states to 12 states and Washington D.C., in 1943. Farm Bureau Mutual officially changed its name to Nationwide in 1955.

In 1963, Nationwide introduced a seat belt incentive that provided extra medical benefits to customers who wore seat belts in accidents. In 1968, Nationwide debuted 24-hour claims reporting. The company established Nationwide Bank in 2007. (It was subsequently acquired by Axos Bank in 2018.) In 2009, Nationwide became the first major insurance carrier to release an iPhone app, starting a trend for digital insurance cards and easier account management.

Nationwide’s headquarters is in Columbus, Ohio. It is a private company that is a wholly owned subsidiary of Nationwide Mutual Insurance Co.

You can get service on your Nationwide insurance policy by contacting your local agent or by calling the national service line at 877-669-6877. The claims hotline is 800-421-3535. You may also email Nationwide by using the form located at https://www.nationwide.com/personal/contact/online-form?language=en.

Nationwide is a national leader in auto insurance. It does an excellent job of keeping prices very competitive and below the national average. You can reduce rates even further by adding popular discounts to your policy. Let us help you get a car insurance quote today.