Nationwide Car Insurance Company Review
Nationwide Insurance Company is one of the largest insurance companies in the United States. This Ohio based company, which has been in business for 80 years, sells a wide variety of insurance and financial planning products. Originally known as the Farm Bureau Mutual Insurance Company, but changed its name to Nationwide in 1955 to reflect its rapid growth, which led to its expansion to most of the 50 states. Today, Nationwide Car Insurance Company sells insurance for automobiles and several other types of vehicles including RVs, motorcycles, and boats.
What are my car insurance options?
Nationwide Car Insurance offers drivers a variety of coverage options to suit their needs. Whether you are working within a tight budget and simply need insurance to protect you from liability in the event of an accident or want insurance that covers any event you might encounter, Nationwide has a plan to suit your situation. Several of the insurance provider’s more popular car insurance plans and options include comprehensive, basic collision, towing, GAP insurance, replacement auto rental cost reimbursement, injury and property, medical expense, uninsured motorist protection and personal injury protection.
Filing a Claim and Repairs
Nationwide Car Insurance Clients receive the company’s patented “On Your Side” claims service. This service provides you with a written 100% repair guarantee when you have your vehicle repaired at a Nationwide Blue Ribbon certified auto body shop. These shops are prescreened by Nationwide. Nationwide also offers AutoWatch, a service which allows you to view repair updates for your vehicle online.
Unique Savings Programs
The Vanishing Deductible program has become synonymous with Nationwide Insurance. With this unique program, eligible drivers can have $100 subtracted from their deductible for each year they go without an accident claim. A maximum of $500 can be subtracted from your deductible.
Accident Forgiveness Program
Nationwide Car Insurance offers an accident forgiveness program where drivers are not penalized for their first auto accident where they are at fault. Many other providers will raise rates significantly after even one accident in which their client is at fault.
Nationwide Roadside Assistance Program
Customers who choose to add Roadside Assistance to their auto insurance plan can receive free assistance simply by calling a number to reach a Nationwide Roadside Assistance representative. This individual will then dispatch whatever services you are in need of. Roadside Assistance also includes lock out service in the event you lock your keys in your vehicle, and flat tire assistance.
Special Programs for Ohio Residents
Having its roots in the state of Ohio is important to Nationwide, and in order to give back to its local residents Nationwide offers some options specifically available to residents of Ohio to help lower their car insurance costs. Currently anyone in Ohio who switches their car insurance from another company to Nationwide can receive a 10% discount off their premium. Ohio residents are also eligible to receive lower deductibles. The Pay as you Drive Program is a money saving alternative offered to Ohio residents who drive infrequently.
How big is Nationwide Car Insurance?
Nationwide Car Insurance is widely available in all 50 states. It is listed as number 6 on the top ten list of car insurance companies for 2011, with 4.5% of the market share. Local Nationwide Insurance agents can be easily located near most communities.
Nationwide Insurance is probably best known for its slogan “Nationwide is on your side!” This popular slogan has been a major part of Nationwide’s marketing for several decades. Another more recent advertising campaign for Nationwide featured the phrase “Life comes at you fast,” and showed individuals facing unexpected accidents and mishaps.
Most recently, Nationwide has released the “I am on Your Side” campaign which features actual employees of Nationwide explaining how they have helped customers. Nationwide also frequently partners with NASCAR and features various well known drivers in its commercials.
Company Reviews and Awards
Nationwide’s financial stability is reflected in its positive ratings from all three major financial rating companies. A.M. Best gives Nationwide a rating of A+, as does Standard and Poor’s. Moody’s awarded Nationwide a top rating of A1. Nationwide is proud to have won United Way’s Spirit of America Award for community service. On a less positive note, J.D. Power and Associates rated Nationwide in the bottom 30% of insurance companies for customer service.
Nationwide Car Insurance Company is definitely among the top auto insurance providers in the country. Although it traces its roots back to small town America, its market stretches to all parts of the United States. With insurance options and programs to meet a wide variety of needs Nationwide is a company to consider in your search for an auto insurance policy.