About Nationwide Auto Insurance
Nationwide Auto Insurance began as Farm Bureau Mutual back in the 1920s. Back then, farmers – who had far fewer accidents than their urban counterparts – were paying the same rates. The Farm Bureau Mutual Automobile Insurance Company saw an opportunity and began offering Ohio farmers competitive rates in 1926. Today, Nationwide, as its been known since 1955, is one of the largest insurers and financial services companies in the country. Nationwide Auto Insurance is not just one of the top insurance companies in the business. As you know, “Nationwide is On Your Side.”
Overview of Nationwide Auto Insurance Company
What makes Nationwide stand out
Nationwide has various programs, some of which are available to all customers and others requiring qualification. Some of its best-known and most valuable programs include:
Types of car insurance available
Nationwide offers car insurance for every type of consumer, whether they want only the mandatory state minimum or have a valuable vehicle they want to protect at maximum value. Nationwide’s car insurance offerings include:
Nationwide’s customer satisfaction ratings are above average. That holds true not only for auto insurance, but for other types of insurance as well. That’s important, since “bundling” different types of insurance can help customers allows customers to pay discounted rates. Nationwide has fewer customer complaints than the national average for car insurers.
If a Nationwide customer has a claim, they can opt to deal with their personal insurance representative or file the claim online. A toll-free number for filing claims is another avenue. Nationwide aims to make the claim process as simple and hassle-free as possible.
Nationwide also offers the On Your Side Auto Repair Network. If you choose one of these affiliated repair shops to fix the damage to your car, the workmanship on such repairs is guaranteed for as long as you own – or lease – your vehicle.
Prospective customers can receive a quote over the phone from a Nationwide representative or visit the company’s website and enter their zip code and other pertinent information to receive a quote.
Nationwide’s rates are competitive, but what an individual customer will pay depends on various factors. This includes the type of car insurance policy. If a driver wants only the minimum liability policy mandated by their state, they will obviously pay less than someone seeking more comprehensive coverage, but they can end up with serious financial issues in case of a severe accident. Other factors affecting the price of car insurance include a person’s age, driving record, location, the type of vehicle and the deductible. Nationwide offers good value for discounts. In 2016, nationally, the average driver paid $102 per month for car insurance. Depending on their wants and needs, some Nationwide customers will pay more or less than the average. While there is a minimum amount for each policy, many customers will want to purchase more than the required minimum to protect their assets in case of an accident.
Along with the kind of offering available from nearly every auto insurance company, Nationwide provides customers with special types of promotions and discounts. Optional offerings include:
Nationwide has been in existence for nearly a century. Ratings agency A.M. Best gives the company an A+ rating for its financial strength, the highest rating possible. An insurance company’s financial stability is paramount, because a insurer with less than stellar financial stability may not prove able to pay claims.
Customers may receive various discounts on their Nationwide auto insurance premiums. These discounts include:
Multi-policy – Save as much as 20 percent when you insure your home, rental, boat or motorcycle along with your auto insurance. Nationwide includes life insurance as part of its bundling discount provision.
Family plan – Nationwide’s family plan allows anyone sharing your household to share in your discounts. It’s possible to save up to 25 percent with a family plan.
Good student – If you have a younger driver with a B average, you can lower the costs of providing auto insurance. Your child must be either a full-time high school or college student, between the ages of 16 to 24. Do you homeschool? Your child may prove eligible for the good student discount as long as they are in the top 20 percent of certain standardized tests.
Safe driver – If you have not been involved in any accidents, you may qualify for Nationwide’s 10 percent safe driver discount. Eligibility includes a clean driving record for at least the previous five years and no history of at-fault incidents.
SmartRideM- This program, based on usage, saves you 5 percent as soon as you sign up. You’ll receive a device to install on your car to track your driving. Over time, with a good safety record, you can save as much as 40 percent on your auto insurance.
Anti-theft devices – Install an anti-theft device in your vehicle, and you may receive a discount. Depending on the state, qualifying for the discount depends on whether the anti-theft device was installed in the factory or after you purchased the vehicle.
Easy Pay Sign-Up Discount – Enroll in automatic, paperless billing and electronic funds payment and you’ll receive a discount at sign-up.
Paperless – Receive all of your Nationwide notifications via email rather than paper and receive a recurring discount.
Affinity Partner – If you belong to certain member-based organizations, you may be eligible for a discount through our Affinity Partner program.