Nationwide Insurance was established in 1925. It was initially created to assist farmers with affordable car insurance. It is currently the eighth-largest car insurance provider with 22% of the total market. Nationwide sells insurance products including auto, home and renters insurance.
Progressive Insurance, another popular provider of car insurance, has 13% market share making it the third-largest company in the United States. Progressive was established in 1937. It currently serves more than 18 millions customers. Progressive, like Nationwide, offers a wide range of personal and business insurance products.
Nationwide vs Progressive: car insurance rates comparison
In terms of third-party reviews, and average annual premiums, Progressive and Nationwide are similar. Progressive’s rates tend to be slightly more expensive and have a lower overall customer satisfaction score that Nationwide. Below is a comparison of Progressive’s average prices as well as third-party ratings.
Rates based on credit score
Car insurance companies may take into account your credit score in determining your rate, unless you are located in Hawaii, California or Washington. Providers may consider credit to be an indicator that you are more at risk. Rates could rise depending on your credit score. Not all providers will weigh credit equally. Compare rates from different providers to find the one that offers you the best rate for your credit situation.
Rates based on age
Your car insurance rate will also be affected by your age. Because they are less experienced and more likely to be in an accident, younger drivers will pay higher rates. Nationwide will be the best option for young drivers. Below is a table that shows the average premiums of Nationwide and Progressive based upon age.
Driving record rates
Car insurance rates for drivers with no convictions are the lowest. If you have a clean driving record Nationwide is the best option. However, if there are any violations on your record the cheapest company is varies. Below is a comparison of Nationwide vs Progressive. It shows the average annual premiums, based on driving records.
Nationwide vs Progressive: discounts
Both Progressive and Nationwide offer impressive car insurance discount. Each provider offers different savings options. These are some of the most notable and unique car insurance discounts offered by each provider.
All over the country
- SmartMiles Discount — Nationwide’s SmartMiles insurance program may offer a discount if you drive less than a certain amount of miles per year.
- Safe driver discount — If you don’t have any major violations or accidents in your past five years, you may be eligible for the safe driver discount.
- Multi-policy discount — Nationwide may offer a $646 average savings when you bundle your home and auto policies. Progressive’s multipolicy discount is only 5%. This is much less.
Progressive
- Discount for teens — Progressive’s Teen Driver Discount may be able to keep your rates from rising significantly after you add a new licensed driver to your policy.
- Progressive may offer a discount if you pay your annual premium in full upfront, instead of in monthly installments.
- Progressive’s Deductible Savings Bank — Progressive may allow you to lower your collision or comprehensive insurance deductible by $50 each policy period in which you do not have any claims.
Comparison of Nationwide and Progressive: Online and Mobile Experience
Nationwide and Progressive both have great online and mobile experiences. Both companies offer an easy-to use interface and simple navigation.
Progressive however, offers better online tools like the Name Your Prices Tool which allows you to create a policy that suits your budget. Both companies offer standard features on their mobile apps. Let’s take a look at Nationwide vs. Progressive’s mobile app.
All over the country
- App Store (4.4 star) — Nationwide’s iOS App has received great reviews from the App Store and offers a wide range of features. You can access your ID cards, file a claim and connect with roadside assistance. You can also create a fingerprint or facial login depending on the device.
- Google Play (4.5 stars) — The Nationwide Android app offers the same features and benefits as the iOS app. These include roadside assistance, claim reporting and payments. Some users report bugs in the app, and even features that don’t work correctly.
Progressive
- App Store (3.5 Stars) — If your iPhone is running Progressive, you can use the mobile app to pay your premiums and get your ID cards. You can also report a claim, get roadside help, and even get a new quote. Although the app has a score of 3.5, it isn’t great. However, most of the ratings are for the company and not the app itself.
- Google Play (4.1 star) — The Android app from Progressive has higher ratings than the iOS app. The Android app has the same features as iOS, including the ability to report a claim, get roadside assistance and make changes to existing policies. You can also track your progress using the mobile app if you’re enrolled in Snapshot safe drivers program.
Questions frequently asked
Which is the best auto insurance company?
Every driver will have a different opinion on the best car insurer. While the best customer service provider may be the most reliable provider of low rates and customizable coverage, they might not be best. We recommend looking around for the best provider to meet your needs. Get a few quotes, and compare providers using your own criteria.
What is the cost of car insurance?
The average cost for car insurance in America is $1,674 annually for a full coverage policy. Remember that insurance rates for car coverage are individual. Based on factors such as your age, driving record, and claims history, you could pay more than the average national rate.
Can I change car insurance companies?
You can change car insurance providers at anytime. If you have had a claim recently, switching car insurance companies can help you get a lower rate or more coverage options.