Nationwide Car Insurance: Coverage, Discounts & Claims

With over 90 years of experience, Nationwide is a leading auto insurance provider known for flexible policies, quality customer service, and extensive product offerings. This in-depth guide covers everything you need to know about Nationwide insurance for your vehicles - from getting a quote to understanding coverage options, discounts, rental car coverage, young driver programs, claims processes, and additional products available.

Introduction to Nationwide Car Insurance

Nationwide has a strong history in the insurance industry with a focus on providing exceptional coverage and service. Here's some background on the company and the types of auto insurance policies offered.

Overview of Nationwide Insurance Company

Founded in 1926, Nationwide is the seventh largest auto insurer in the U.S. and a Fortune 100 company. It offers a range of insurance products including auto, home, life, farm, business and more across the country.

Nationwide has an A+ rating from A.M. Best for financial strength highlighting its stability and reliablity. The company manages over $230 billion in total assets and generates around $50 billion in annual revenue.

Types of Auto Insurance From Nationwide

Nationwide provides complete auto insurance coverage to meet state minimum requirements and give drivers peace of mind.

  • Bodily injury liability - covers injuries to other people
  • Property damage liability - pays for damage to others' property
  • Collision - repairs to your vehicle after an accident
  • Comprehensive - protection against theft, vandalism, weather, fire
  • Uninsured/Underinsured motorist - covers injuries from uninsured or underinsured drivers
  • Medical payments/Personal injury protection - pays medical bills for you and passengers
  • Roadside assistance - towing, tire changes, fuel delivery
  • Rental reimbursement - covers rental while your vehicle is repaired

Nationwide agents help you understand these coverage options and select appropriate limits and deductibles.

Nationwide Insurance Rates and Discounts

Here's what to expect when it comes to Nationwide's auto insurance costs along with ways to save.

Factors Affecting Car Insurance Rates

Nationwide uses complex proprietary models to generate quotes based on your risk profile. Key factors that increase premiums include:

  • Poor credit or lapse in prior insurance coverage
  • Young/inexperienced drivers on policy
  • Recent accidents or traffic violations
  • High-risk vehicle model and usage
  • High annual mileage
  • Urban location

Improving any high-risk factors leads to significant savings on your policy.

Discounts to Lower Your Premiums

Nationwide offers many discounts to qualifying drivers:

  • Multi-policy - up to 25% off for bundling home/life insurance
  • Good driver - up to 40% off for accident-free drivers
  • Defensive driver - up to 15% off for completing safety course
  • Anti-theft devices - up to 15% off for VIN etching, alarms, etc.
  • Good student - up to 15% off for B average grades
  • Low mileage - up to 20% off for driving under 7,500 miles annually

Low Mileage and Safe Driver Discounts

Two of the largest discounts are the low mileage and safe driver savings. Drivers can stack these and save over 50% for low mileage, accident-free history.

Make sure to inquire about all possible discounts to maximize your savings with Nationwide.

Nationwide Auto Insurance Coverage Options

Nationwide provides flexible insurance policies. Here are some of the key coverage options available:

Liability Insurance

Liability insurance pays for injury or property damage to others when an accident is your fault. Limits often range from:

  • $50,000 bodily injury per person/$100,000 per accident
  • $50,000 property damage

Higher options like 100/300/100 or 250/500/250 are available for added premium costs. Liability is mandatory in most states.

Collision and Comprehensive

These optional coverages pay for damage to your vehicle from collisions or other causes like theft, storms, fire, or vandalism. You choose your deductible, typically $500-$1000.

Rental Reimbursement

If you don't have rental coverage via a credit card, Nationwide's rental reimbursement add-on covers rental costs if your vehicle is in the shop due to covered damage. You select the daily limit amount.

Roadside Assistance

Nationwide offers 24/7 roadside assistance to all customers including services like towing, lockout help, battery jumps, flat tire changes, and fuel delivery. It's a valuable included perk.

Getting a Nationwide Car Insurance Quote

Here's what to expect when getting a quote from Nationwide for your vehicles.

Online Quote Process

The easiest way to get a Nationwide insurance quote is through their website. Provide details like your age, address, vehicle, and coverage amounts to see instant rates.

The online quoting tool allows you to adjust elements like limits and deductibles to compare policy costs side-by-side. The whole process only takes a few minutes.

Information Needed for Accurate Quotes

To receive the most accurate Nationwide quote, have the following information handy:

  • Personal details - name, address, birth date, marital status
  • Vehicles - makes/models, VINs, usage, safety features, custom equipment
  • Current insurance ID cards showing your coverage details
  • Accident/violation history and loyalty discounts for all drivers

With these specifics, the quoting tool will return the closest possible rates for your situation.

Ways to Potentially Lower Your Quote

Review the discounts offered and take any actions to become eligible for savings. For example, completing a defensive driver course can save up to 15%. Bundling policies cuts costs up to 25%.

Usage-based SmartRide program offers monitoring discounts for safe driving habits. Finding ways to boost your risk profile equals lower quotes.

Nationwide Rental Car Insurance Coverage

Nationwide auto insurance policies include some protections for rental cars. Here's how the coverage works:

Primary vs. Secondary Policies

Liability and collision/comprehensive coverage automatically transfer to rental cars as secondary protection behind the rental company's insurance. Upgrading to primary rental coverage removes limitations.

Reimbursement Process and Limits

If you have rental reimbursement added to your Nationwide policy, they pay out-of-pocket rental costs up to the stated daily and total limit amounts while your personal vehicle is repaired after a covered loss.

Overseas Rental Car Coverage

Standard Nationwide policies extend emergency liability protection for overseas rentals. Optional endorsements like collision damage waiver provide more complete worldwide coverage.

Insurance for Teen Drivers with Nationwide

Insuring teens and young drivers often raises costs. Here's how Nationwide helps parents save:

Average Costs to Insure Teens

Due to elevated risk factors, parents can expect around a 50% premium increase when adding a teen to their Nationwide policy. Average teen driver rates run $2500-$3500 annually.

Exact costs depend on factors like teen's age, grades, completed driver training, and vehicle type. Parent policy discounts also lower costs.

Discounts Available for Young Drivers

  • Good student - Up to 15% off for B average or better
  • Driver training - Up to 10% off for completed approved courses
  • Low mileage - Up to 20% off for driving less than 7,500 miles/year

Adding Teens to Parents' Policy

The most cost-effective approach is adding teens as an additional insured onto the parents' existing policy. This provides access to multi-vehicle and multi-policy discounts to help offset the rate increase of adding a teen.

Filing Claims with Nationwide

Understanding how Nationwide handles claims is important for gauging customer satisfaction.

Ease of Claims Process

Nationwide offers 24/7 claims assistance. You can report and track a claim anytime online, through their app, or by phone. The process is designed to be seamless.

Online Claims Management Tools

Nationwide's digital platforms allow you to easily monitor claim status, submit documentation, update details, and communicate with adjusters handling your claim.

Customer Satisfaction with Claims Experiences

Surveys of Nationwide customers report high satisfaction with the claims process. Policyholders note few hassles getting claims submitted, professional and friendly service, and fast resolution times.

Consider Nationwide for your customized auto insurance needs. Their combination of leading coverage, competitive rates, discounts, and service makes them a top choice.

FAQs

What discounts does Nationwide offer on car insurance?

Nationwide offers a range of discounts on car insurance, including safe driver discounts, good student discounts, multi-policy discounts, and accident-free discounts.

Does Nationwide cover rental cars under their auto insurance policy?

Yes, Nationwide offers rental car coverage as an optional add-on to their auto insurance policies. This coverage can help pay for a rental car while your vehicle is being repaired after a covered accident.

How can I get the lowest Nationwide insurance quote?

To get the lowest Nationwide insurance quote, you can visit their website and fill out an online form. You'll need to provide information such as your vehicle make and model, driving history, and coverage preferences. It's also a good idea to compare quotes from multiple insurance companies to find the best rate for your specific needs.

How much does Nationwide charge to insure teenage drivers?

According to Allstate, it costs about $3,841 per year to add a teenage driver to a Nationwide auto insurance policy. However, the actual cost can vary depending on factors such as the teenager's age, driving history, and location.

Can I file a Nationwide insurance claim online or through a mobile app?

Yes, Nationwide allows you to file an insurance claim online through their website or mobile app. You can also file a claim by phone or through your local agent.

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