Nationwide is one of the 10 most important U.S. insurance companies. It offers homeowners coverage that you would not get elsewhere. Nationwide home insurance can be purchased in all 50 states, and there are many discounts.
Nationwide homeowners insurance received 5 stars overall for performance. Our editorial team determines NerdWallet’s ratings. The formula for scoring homeowners insurance takes into consideration policy coverage options and discounts as well as ease of filing a claim. It also considers website transparency, financial strength, and complaint data from National Association of Insurance Commissioners.
Nationwide homeowners policies include the standard coverage that you would expect. However, they also offer a type insurance that many other companies charge more for: ordinance and law coverage. This covers the cost of bringing your home up to current building codes in rebuilding or repair after a claim. It can be limited to 10% of your dwelling coverage. Additional limits may be available at an additional charge.
Nationwide Home Insurance also covers $500 losses due to unauthorised credit or debit transactions, forgery checks, or counterfeit money. Upgrade to $10,000 in coverage.
You may be eligible to add these features to your policy depending on where you live.
Cost of extended replacementYou can increase your dwelling coverage by up to 20% beyond your policy limit if it is more expensive than you expect to rebuild your home following a covered catastrophe.
New and exclusive itemsThe policy pays enough to replace damaged items or restore them. (A default homeowners policy only covers older items for their depreciated values.
Roof replacements that are betterIf your roof is damaged due to a covered cause, you can get your roof rebuilt with stronger materials.
Insurance coverage for identity theftYou can monitor your personal data to help you resolve identity theft.
Additional valuables coverageFor jewelry, art, and other high-value items.
Water backup coverageDamage caused by an overflowing sump pumps or backed-up drains.
Nationwide home insurance discounts
Nationwide has many ways to save on homeowners insurance.
- Multipolicy Discount when you purchase both homeowner and auto insurance from Nationwide
- If you have purchased your home in the last 12 months, get a discount
- Claims-free discount.
- Based on your roof’s age and material, you can get a discount
- Credit for home renovations to upgrade plumbing, heating, cooling, or electrical systems.
- Discount on smoke detectors, fire alarms and burglar alarms.
- For policyholders who have been insured continuously by another carrier, a discount is available.
- Discount for gated communities
Reported home insurance issues nationwide
According to data from the National Association of Insurance Commissioners, Nationwide received less than expected home insurance complaints from state regulators. This is based on three years of data. (NAIC home insurance complaints also include mobile homes, condo, and renters policies.
Nationwide home insurance consumer experience
Website:Nationwide makes it easy to manage your homeowners insurance policy online. You can pay bills and file claims. The learning center contains articles covering a range of topics related to home insurance.
AppendicesNationwide’s mobile app is available for Android and iOS. You can view policy documents and file claims, pay bills, and enroll in autopay.
FAQ about Nationwide Home Insurance
Is Nationwide home insurance available for mobile phones?
Yes, your cell phone is covered for theft or certain damage up to the policy’s personal property limit. Note that a deductible applies to this coverage, so if your phone is stolen but it’s worth less than your deductible, filing a claim probably doesn’t make sense.
What are the other types of insurance Nationwide offers?
Nationwide offers auto, boat and umbrella insurance policies as well as financial products like annuities or mutual funds. Learn more about Nationwide auto insurance.
Does Nationwide insure mobile homes?
No. If you’re looking for other options, see NerdWallet’s guide to mobile home insurance.
Is Nationwide home insurance able to cover water leaks
Homeowners insurance is designed to cover sudden, accidental losses, not wear and tear or maintenance. Your homeowners policy will likely cover damage if a pipe bursts and floods your basement. If a drain leaks slowly over weeks, and it wasn’t discovered until mold began to grow, then that damage will not be covered.
Guide to buying homeowner’s insurance
Before you begin comparing quotes, determine how much coverage you require for your home. Do you need additional insurance to cover things like identity theft and sewer backups? Make sure you check to see if the company you are considering offers the options that you require.
Take a look at your personal property to ensure that you have enough coverage. What would it cost to replace them? All furniture, electronics, and household items should be included. This is the minimum amount you need for personal property insurance.
Compare rates from different insurers to ensure they offer the same deductibles and limits. While it might be tempting to pick the cheapest policy, you should also consider how many complaints each insurer has. If you have to file a claim, poor customer service can make a big difference in your experience.
Methodology for evaluating homeowners insurance
NerdWallet’s homeowner insurance ratings recognize companies that offer customer-first features or practices. Ratings are calculated based on a weighted average of scores across several categories such as financial strength, consumer complaints and coverages. These ratings are only a guide. We encourage you to compare multiple insurance quotes to get the best rate. NerdWallet is not compensated for reviews.
