Nationwide Car Insurance Review

Nationwide Auto Insurance – Introduction

Although it is most well-known for auto insurance, Nationwide offers a wide range of insurance and financial solutions. Nationwide may be a suitable choice if you wish to bundle insurance products with a financially sound organization.

You may be best familiar with Nationwide's car insurance products. Nationwide is considered to be one of the best car insurance companies. So we at Way.com have decided to get some boots on the ground and review how the auto insurance company Nationwide performs for its customers.

Nationwide is the fourth largest insurer in the United States, after Allstate, Travelers, Progressive, American Family, and Farmers.

Pros and Cons

Unique Nationwide Auto Insurance Features

Nationwide auto insurance coverages

• Emergency road service - Nationwide offers their customers 24-hour emergency roadside assistance. If you are a member and need help call 1-800-421-3535.
• Accident forgiveness - Accident Forgiveness is an optional feature that you may add to your auto insurance policy from Nationwide. The feature protects you from rate rises and maintains your good driver status by waiving your first at-fault accident. There is a policy-by-policy standard.
• Glass coverage - You can use the repair shop in Nationwide's On Your Side Claims Service Network or, when available, at your home, workplace, or another location when you use the Glass Service Program. Safelite Solutions is a third-party company that manages Nationwide's On Your Side Glass Service and can assist with windshield repair or replacement. You have the option of having repairs done at any store you like. Before accepting any assignment, contact Nationwide at 1-800-421-3535. Remember, if you utilize a shop from their Claims Service Network, the work is guaranteed.
• Rental reimbursement - After the policyholder's car is damaged due to an accident, Nationwide's rental reimbursement compensates for the cost of a rental car. Nationwide's rental car reimbursement insurance typically costs less than $10 per month, and drivers can purchase a daily limit of up to $100 for 30 days. This coverage does not apply to rental cars used while the car is serviced, and drivers usually need collision and comprehensive coverage to qualify.

To understand types of auto insurance coverage in detail, check
https://www.way.com/blog/types-of-car-insurance-coverage/

Nationwide auto insurance coverages limits

At Nationwide, drivers will pay roughly a $15 difference on average if they choose for high coverage rather than modest coverage, which is usually worth it. The national average study fee for low coverage is $1299. According to survey data, the average pricing for medium coverage has dropped to $1290. For comprehensive coverage, the fee rises to an average of $1314.

According to our data, Nationwide drivers pay around 4% more than the national average for the low coverage. Nationwide clients pay around 3% less than the national average for medium coverage.

According to our research, Nationwide clients pay around 6% less than the national average for good coverage.

Low Liability Coverage: The state's liability limits.

Medium Coverage:

High coverage:

Nationwide auto insurance rates

Nationwide ranks right in the middle of the nine national providers in our analysis regarding average expenses paid for auto insurance. But young drivers under the age of 25 pay a higher premium than the national average. While drivers with solid driving records will most bag the best Nationwide prices, Nationwide still is a great option for drivers with bad credit.

Nationwide costs around 17% more than USAA.

Nationwide car insurance rates by age

In general, insurance premiums can vary depending on a person's gender, marital status, and age. According to our research, Nationwide's rates range from roughly $1059 for a 60-year-old woman to $1614 for a 25-year-old guy. According to our research, a 25-year-old guy pays 3% more than the national average, while the car insurance for women in the 25-year-old bracket pays 1% more than the national average of Nationwide.

For 35-year-old Nationwide customers, women paid 6% less than the national average, while males paid nearly precisely the national average, with a difference of around 50 cents. According to our research, the average rate for senior car insurance for women is 9% lower than the national average, while the average rate for men is 5% lower.

• Nationwide Rates for Teen Drivers - According to our research, Nationwide is the cheapest and most readily available car insurance for teen drivers. A six-month national policy with a teen and parent costs $1272 on average, which is less than half the national average of $2865.
• Nationwide Rates for Young Adults - Nationwide's pricing for young adult drivers is slightly higher than our survey's national averages, but it is still among the cheapest. The study rate for young adult female drivers is $1503, around $10 higher than the average across the organizations we looked at. Young adult men pay an average of $1611.

• Nationwide Rates for Seniors - Nationwide is the cheapest car insurance for drivers in their 60s. At $81 per month, and can cover all of your bases in terms of coverage.

Nationwide car insurance rates by coverage

Nationwide Average Insurance Cost By State

Nationwide auto insurance discounts

Nationwide offers the following discounts for their customers:

• Multi-policy
• SmartRide
• SmartMiles
• Free of mishaps
• Excellent student
• Driving defensively
• Anti-theft
• Driver caution
• Signing up for payment is simple.

Discounts differ between firms and across state lines, so drivers should always check with the branch closest to them.

Nationwide customer feedback and satisfaction report

In comparison to its size, Nationwide reported fewer complaints to state regulators for home and auto insurance than projected. Nationwide rates were higher than the national average in terms of auto insurance customer satisfaction.

Way.com Summary

Nationwide is considered among the best car insurance companies for claims management. When it comes to claims administration and customer care, Nationwide stands out as one of the top insurance providers. Nationwide customer service is everything when you need help or a claim.

According to our study, around 47 percent of respondents who had not filed a claim with Nationwide said they were entirely satisfied with the firm, giving it a five-out-of-five rating. Nationwide was awarded four out of five stars by approximately 28% of those polled.

The satisfaction level rises among respondents who have made a claim, with approximately 76 percent indicating they were entirely satisfied with the convenience of submitting a claim and a further 12 percent replying with a four-out-of-five rating. Approximately 4% of those polled responded with a one-point rating.

Our survey respondents ranked Nationwide for the convenience of contacting customer support, with 47 percent of those who had not filed a claim giving it a five-out-of-five rating, and another 23 percent giving it a four-out-of-five rating. In terms of those who did submit a claim, 72 percent gave it a five-out-of-five rating, while 16 percent gave it a four-out-of-five rating.

About Nationwide Car Insurance

Nationwide began as a small mutual car insurance company in 1926 and has since evolved to become one of the world's largest insurance and financial services firms. It is currently a Fortune 100 corporation that sells insurance for cars, houses, businesses, and other things.

A Brief History of Nationwide

The first auto insurance coverage was sold by Nationwide, formerly known as Farm Bureau Mutual Automobile Insurance Co., in 1926. In 1934, Nationwide purchased a fire insurance firm and sold its first property insurance policy. Intending to provide insurance across the country, Farm Bureau Mutual Car Insurance changed its name Nationwide in 1955.

The company's headquarters are in Columbus, Ohio, and it services customers in all 50 states.

Nationwide's Charitable Causes

The Nationwide Foundation was founded in 1959 to improve the quality of life in communities. Since its inception in 2000, the foundation has donated more than $550 million to charitable organizations that benefit communities where Nationwide employees are concentrated.

In addition, a huge number of Nationwide workers volunteer their time and money to charities they care about, such as the American Red Cross, Feeding America, Nationwide Children's Hospital, and United Way, each year.