You might have encountered Nationwide while looking for auto insurance companies. The firm began in Columbus, Ohio, when the Ohio Farm Bureau farmers decided to create their own car insurance company in 1926.
Nationwide is currently the eighth largest auto insurance company in the country, providing coverage in 46 states and Washington D.C. There are several Nationwide insurance reviews you can find online if you want to know more about the company and its products. To give you an idea, here are four things you should know about Nationwide auto insurance.
- Auto Insurance Coverages
The first thing you should look for in a car insurance plan is its coverage. Nationwide provides two types of auto insurance coverages.
The first one is personal auto coverage. It protects you, your passengers, and other people in the area in case of an accident. Bodily injury, property damage, and personal injury protection are the most states require. The company also offers coverage for uninsured motorists, underinsured motorists, and medical payments.
The second type is vehicle coverage. It helps cover expenses for repairs on your car or another driver’s vehicle. These coverages include collision, comprehensive, towing and labor coverage, rental car expense, and gap coverage.
- Available Discounts
Car insurance is a big part of your expenses as a car owner. One way to lower these payments is through discounts. Nationwide provides several discounts to help you save on your insurance.
You may avail of the multi-policy discount if you bundle your home and car insurance. Meanwhile, an anti-theft discount is available to those who install specific anti-theft devices on their vehicles.
Drivers aged 16 to 24 can get a good student discount if they have an average grade of B or better. Nationwide also gives discounts to people taking defensive driving courses.
- Usage-based Insurance
Nationwide also has two usage-based insurance programs. The SmartRide program can give you up to a 40% discount if you practice safe driving. It offers personalized advice on how you can make safer driving decisions.
On the other hand, SmartMiles is the company’s pay-per-mile insurance program. It was created for low-mileage drivers. You won’t have a fixed monthly payment but will still get the same coverage as traditional insurance. Rates will depend on how many miles you drive in a month.
- Consumer Satisfaction Scores
Choosing a car insurance company goes beyond rates and coverages. It’s also important to look at how satisfied consumers are with the company and its products.
A 2021 NerdWallet survey showed that Nationwide had an overall consumer satisfaction score of 80.5 out of 100. The average score among the insurance companies in the survey was 79, while the highest was 83.
Unfortunately, Nationwide ranked low in two 2021 J.D. Power studies. The firm placed eighth out of eight companies in auto insurance shopping. It also ranked 11th out of 18 companies in auto insurance claims satisfaction.
Conclusion
These four things are just a sneak peek of the company and its auto insurance offerings. You may find more information about the company and its products by visiting its official website.