When you think of Nationwide, its catchy jingle, "Nationwide is on your side" will probably come to mind first. Nationwide invoices itself as the car insurance company that "stands by you" through difficult times.
In the industry for nearly 100 years, Nationwide offers a full range of insurance products, including car, home, life, pets 19659003] farm, travel, motorcycle, wedding insurance and more. Nationwide Insurance also offers retirement plans and specialty health products for consumers and businesses.
But is Nationwide a good company to insure your car, home and other needs for your family and lifestyle? As a company, Nationwide has received many awards for gender equality and inclusion. From FORTUNE's 50 best jobs for diversity to LATINA Style's continuous awards for the 50 best jobs for Latinas to work and Black Enterprise the magazine's best company for diversity award since 2011, Nationwide's workplace diversity is well known.
When applying for a car insurance company, it is important to review coverage options, available discounts, customer satisfaction, financial strength and pricing. Let's dive into the Nationwide Auto Insurance review to see how they measure up.
Nationwide Auto Insurance Pros and Cons
Nationwide Car Insurance Pros
- Higher rating than average for shopping experience and requirements satisfaction
- Wide range of coverage and discount options
- Impressive set of insurance products for one-stop shop  Superior Financial Strength
Nationwide Auto Insurance Cons
- Lower Than Average Car Insurance Satisfaction
- No Rideshare Coverage
- Not The Cheapest Prices
WHAT DOES NATIONWIDE AUTO INSURANCE OFFER?
It offers a streamlined damage process and has an accident forgiveness program to help you avoid skyrocketing prices after your first car accident.
Everything sounds good, but it's important to find out if these promises are reflected in Nationwide Auto Insurance & # 39 ;s reviews.
Nationwide offers policyholders a wide range of discos. which helps them to lower the total cost of their car insurance.
The company also has a number of coverage options to choose from when creating an insurance policy, including:
Liability insurance pays for bodily injuries and liability and is required by most states. It protects you from claims filed against you in the event of a mishap.
Personal Injury Protection (PIP)
Personal Injury Protection (PIP) may be claimed by some states and pay your claim regardless of who was wrong. PIP covers the costs of medical care, rehabilitation and funeral for you and everyone in your vehicle. It also covers you as a passenger in another vehicle.
If PIP is not required in your permit, you can add medical payment insurance to your liability.
Collision and comprehensive coverage
Collision and  Comprehensive coverage takes care of any damage that may occur if you hit a vehicle or object or another vehicle or object hits you.
It is not required by law, but if you finance your vehicle, your lender may require you to carry collision insurance as well as total insurance, which pays to repair your vehicle in the event of uncontrollable loss.
Theft, vandalism, accidents and weather-related losses are all paid for through comprehensive coverage.
With a financed vehicle and comprehensive and collision coverage with Nationwide Auto Insurance, gap insurance is also a good option to have.
If your car is summed up in an accident and you own more than the book value of the loan or lease, the gap insurance pays the difference to the lender so that you are not out of pocket for it.
Total Deduction Loss Waiver
If you choose this optional coverage and your car is combined in an accident, Nationwide Insurance will waive your comprehensive or collision deduction so that you get the full book value.
Participation in the Vanishing Deductible program allows you to save money on your deductible. For each year you go without an accident, you get $ 100 in your deductible bank, up to $ 500. If you have to apply for comprehensive or collision, you can clear all or all of the deductible with your saved savings.
Nationwide Insurance On Your Side Review
This is a free benefit to insure your car and any other type of insurance with Nationwide. Once a year, you can book a free evaluation with your Nationwide agent to review your policies – even if they are not with Nationwide.
The agent will evaluate your entire insurance portfolio and your lifestyle and family needs to determine if you have adequate protection. This is a great opportunity to discuss discounts and make sure you are not paying for coverage that you may not need.
If you have a major life event or change at any other time of the year, do not hesitate to reach out! Your nationwide agent is there to help.
Nationwide Auto Insurance Discounts
As a major insurance company throughout the United States, Nationwide offers some great discounts:
- Affinity discount based on participating organizations and affiliations
- Defense drivers for insured over 55 years
- Accident free
- Multi-policy (Nationwide saves drivers an average of $ 646 by bundling home and car insurance, its largest discount percentage)
- Easy payment
- Good student
Nationwide Insurance offers its SmartRide programs as another way to save on car insurance. This usage-based program tracks mileage, hard brakes and fast accelerations to give safe drivers who do not drive lots of miles even more savings. Get a 10% discount just for signing up.
NATIONWIDE AUTO FORSURANCE CLAIMS SATISFACTORY OVERVIEW
Take a closer look at claims satisfaction in all the nationwide car insurance reviews you read. It is important to know how well an insurance company handles the claims process so that you are not in a situation where you are stuck without a vehicle and waiting for settlement money.
We believe you can summarize requirements satisfaction with three key performance indicators: timeliness, communication and ease of interaction with services – therefore follow all Nationwide Auto Insurance reviews that fall within these areas very carefully .
Nationwide received an above average score of 876 points on a 1000-point scale on the JD Power 2020 US Auto Claims Satisfaction Study.
Although the figures are higher than average, the Nationwide A rating is rated by the Better Business Bureau, which shows a high level of interaction and solutions to customer complaints and problems.
Nationwide was ranked approximately in the middle of the JD Powers 2017 Auto Claims Satisfaction Study, beating the 21st Century and American Family and coming in just below the Allstate. It received "Better Than Most" scores in four of six individual categories, including initial notice of loss, appraisal process, repair process and rental experience. It received "About the average" in the categories Damages and settlements, which have more weight, which gives it an overall score for satisfaction of requirements for "About the average." overlook checking out customer service, complaint handling times and buying process just because a company has low premium rates and decent points for satisfaction. You may not have to deal with these things often, but they are still important.
Many consumer satisfaction review sites lump together claims and overall service satisfaction. This section is noticeably longer to include both, so you can take a closer look at how Nationwide Auto Insurance handles customer and complaint issues.
At JD Power's 2020 Car Insurance Studies in the United States, Nationwide took 2nd place for the shopping experience at Insurance Shopping Study.
Nationwide Auto Insurance also has positive reviews on consumer issues, with 4 stars after 1473 ratings for the past year for both customer service and requirements satisfaction.
With 213 complaints filed in the last three years to the BBB, Nationwide Insurance mostly handles reviews of product or service issues or billing issues. Given the A + rating with BBB, Nationwide has been able to solve 72 in the past year by offering positive solutions for customers and receivables.
Because Yelp reviews are location dependent, ratings are mixed for Nationwide Insurance. Some places have 5-star reviews while others have 3 or 4 stars.
Nationwide Auto Insurance has 4.1 stars out of 5 with Consumers Advocate but received 3 stars with six reviews on Trustpilot.
Nationwide Mutual Insurance Company offers standard car insurance and has a slightly higher than average claims index of 1.28 compared to the national average of 1.00 with the National Association of Insurance Commissioners.
Nationwide General Insurance Company offers non-standard coverage for high-risk drivers and has a NAIC complaint index of 1.45.
According to consumer claims and reviews, Nationwide Auto Insurance has average or better customer and claim satisfaction. This shows that Nationwide has a great reputation for handling disputes and taking care of customers.
According to J.D. Power 2018 Shopping Study Nationwide customers had fairly common shopping experiences. A wide range of policy options and the availability of local agents landed the "Better Than Most" in these categories, but it was Nationwide's website that really stood out.
It was one of three companies that received "Among the best" points for their website and share the spotlight with GEICO and USAA. However, the U.S. and California 2018 Insurance Study 2018 shows that policyholders in those states were not entirely satisfied with Nationwide.
In Florida, the company made only the bottom of the list with the "Rest" rating. People in California ranked Nationwide as "roughly average," but the company still ranked only 15 out of 18, just below Progressive and above Farmers.
Still, Nationwide Auto Insurance ratings for the number of complaints filed are very good. National Association of Insurance Commissioners & # 39; Complaints Database gave Nationwide (NAICS # 23787) a complaint rate of 0.25, which is well below the national average of 1.00.
Overall, the total number of complaints received by the NAIC has decreased, from 107 complaints filed in 2015 to 85 complaints in 2017 and 40 complaints in 2018. Nationwide ranked 35 out of 50 in the 2017 California Consumer Complaint Study, just below the Hartford Underwriters Insurance Company and directly above Farmers Specialty Insurance Company.
NATIONWIDE AUTO INSURANCE PRICE OVERVIEW
When car insurance companies determine the price of a car insurance, they use many variables including your age, the type of car you drive and where you live. Fortunately, the California Department of Insurance has an estimation tool that allows consumers to compare average annual premiums for different scenarios across a large number of companies. The following scenarios show how much the insurance premiums differ with small changes.
Consider, for example, the average annual premium for a single man living in San Francisco, California, who drives a Toyota Camry, has a license for between 9 and 15 years, has no violations on his record, and drives between 12,000 and 15,000 miles per year. This driver can expect to pay $ 1,176 for his annual premium for a Nationwide Basic Liability Policy. It is slightly higher than Alliance United ($ 1,198) and slightly lower than Esurance ($ 1,146).
Moving this driver to Los Angeles (Alhambra region) increases his nationwide premiums to $ 1,492, much higher than both Alliance United ($ 843) and Esurance ($ 1,262). On the other hand, if you use the same parameters to compare prices for a female driver, Nationwide's prices increase to $ 1,577 and Esurance increases to $ 1,262. Alliance United, however, remained flat.
This is just one example of how insurance rates vary. Nationwide insures drivers across the United States and the slightest change can change the cost of insurance. Therefore, you should include all variables when you get a quote.
NATIONWIDE FORSURANCE FINANCIAL STRENGTH STATEMENT
One way to determine if a car insurance company like Nationwide is right for you is to review its financial ratings. The better the insurance company's financial strength, the more assets it has to pay out receivables when they are submitted – regardless of the amount. This is extremely important, especially for consumers living in states with weather events that can wipe out thousands of homes and cars in its path.
Nationwide's financial rating is high and shows its strength and ability to pay claims:
- AM Best: A +
- Moody & # 39; s: A1
- Standard and Poor & # 39; s: A +  You should always assess the financial strength of an insurance company before buying car insurance to make sure they have enough assets to pay any claims you may file. National car insurance ratings with A.M. Best includes an "A +" financial strength and an "aa-" long-term insurer credit rating. The outlook has been raised from negative to stable for Nationwide and its subsidiaries. S & P's rating also gives the company an “A +” with a stable future.
Use the tips and information in this Nationwide Auto Insurance Review to find a car insurance company and insurance that matches your requirements and remember to include all your information in the table during the quote process.
* While doing our utmost to keep our site up to date, please be aware that "current" information on this site, such as quotation estimates, or relevant company information, may only be accurate from the last day of editing. Huntley Wealth & Insurance Services and its representatives do not provide legal or tax advice. Contact your own legal or tax advisor.