Insurance

The Many Benefits of Choosing Nationwide Car Insurance

November 30, 2023

If you’re shopping around for car insurance, you’ll likely come across Nationwide as an option. As one of the biggest auto insurance providers in the United States, Nationwide has a lot to offer drivers – from comprehensive coverage options to bundling discounts and accident forgiveness programs.

When choosing an insurance policy, it’s important to understand the protection you’re getting. This article will explore the key benefits of choosing Nationwide for car insurance.

Customized Protection with Nationwide’s Policies

Nationwide allows you to tailor your auto insurance policy to meet your specific needs. They offer standard coverages like collision, comprehensive, bodily injury liability, and property damage liability. With each of these, you can choose your desired level of protection and deductible.

Those with newer cars may opt for more collision coverage, while budget-focused drivers can minimize comprehensive claims on an old car. Nationwide makes it easy to find the right balance for your situation.

Policy customization also extends to optional coverages like:

Rental reimbursement – covers rental car expenses if your vehicle is in the shop after a covered incident
Roadside assistance – provides on-demand help for situations like lock-outs, flat tires, jump starts, and towing
Uninsured motorist – covers injuries to you and your passengers if you’re hit by a driver with no insurance

Bundling your car with other insurance products can also reduce your overall premium. Nationwide offers home, motorcycle, boat, and more, allowing you to combine policies for savings.

Accident Forgiveness for Loyal Customers

One of the best perks included with Nationwide auto insurance is their accident forgiveness program. This protects your insurance rate from increasing due to your first at-fault accident after 5 years as a Nationwide policyholder.

As long as you have a clean driving record beforehand, your premiums won’t go up just because you made a mistake. This incentive rewards long-term customers and helps keep rates affordable.

Vanishing Deductibles Reward Safe Driving

The vanishing deductible benefit offered by Nationwide provides financial incentives for safe drivers. For each year you remain accident-free, your collision and comprehensive deductibles decrease by $100.

Higher deductibles mean lower premiums, so your costs go down over time when you maintain a clean driving record. After several years claim-free, your deductibles could drop to $0.

Nationwide is Known for Reliability and Service

With over 90 years in business and robust financial backing, policyholders can rest assured Nationwide will be there when you need them most.

They have an A+ rating from AM Best and consistently rank well for customer service and claims processing speed. Whether you’ve been in an accident or just have a question on your policy, Nationwide has knowledgeable agents and customer service staff ready to help.

A View on the Nationwide’s Car Insurance Coverage

When it comes to protecting your vehicle, Nationwide has all the essential coverages. Their auto policies include:

Collision Coverage

Covers repair or replacement costs if you collide with an object (like a tree or light pole) or flip/roll your car
Ideal for newer cars or if you have an outstanding auto loan
Choose your deductible amount (higher deductible = lower premium)

Comprehensive Coverage

Covers damage to your car that occurs outside of a collision, including:
Theft or vandalism
Weather events like hail or floods
Fire, falling objects, or explosions
Required by most lenders; gives peace of mind for unexpected issues

Bodily Injury Liability

The most common type of auto liability insurance
Covers injuries that you cause to others if you’re deemed responsible for an accident
Helps pay for expenses like medical bills, lost wages, and pain/suffering damages
Required in nearly every state

Property Damage Liability

Covers damage you may cause to another person’s property with your car
Pays for repairs or replacement cost for things like buildings, fences, or another car
Also required almost everywhere just like bodily injury liability

Nationwide makes it easy to customize these key coverages to your comfort level and budget. Simply choose the protection levels and deductibles you need to meet state laws and protect your assets. Then add any optional coverage like rental reimbursement or roadside assistance for specialized protection.

Discounts Offered on Your Premium with Nationwide

In addition to all the core coverages and policy benefits offered by Nationwide, many drivers are also eligible for certain discounts that can lower your auto insurance premium.

These include savings opportunities like:

Multi-Policy Discounts

Get a reduced rate when you bundle home or other insurance with your car policy
Discounts increase the more lines of insurance you have through Nationwide’s family of companies
Makes managing all policies easier with just one payment

Multi-Vehicle Discounts

Insure all cars in your household together with Nationwide to unlock savings
Applies to policies with more than one registered vehicle
A great option for families with two cars or teenagers getting their own policy

Safety Feature Discounts

Nationwide rewards vehicles equipped with certain safety tech features
Qualifying options include daytime running lights, anti-theft systems, airbags, and anti-lock brakes
Verify eligibility by providing your VIN when getting a quote

Good Driver Discounts

Drivers with a clean record on their motor vehicle report can save
Nationwide offers accident-forgiveness so one mishap won’t lose your good driver status
Teen driver discounts also encourage building safe driving habits early on

With so many ways to reduce your bill, be sure to ask about discounts when getting a Nationwide auto insurance quote. Bundling multiple policies and insuring all household vehicles together can lead to particularly strong savings over time.

Weighing the Pros and Cons of Nationwide Car Insurance

Nationwide is undoubtedly one of the top auto insurance providers in the US. However, is it the right fit for your needs? Here is an overview of some key advantages and potential drawbacks:

Pros of Nationwide Auto Insurance

Wide Variety of Discounts

Nationwide offers savings opportunities like multi-policy, multi-car, safety feature, and good driver discounts. This allows many drivers to reduce their premium.

Strong Financial Backing

With 90+ years in business and an A+ rating from AM Best, customers can rely on Nationwide’s financial strength and claims payment ability.

Highly-Rated Customer Service

Nationwide frequently ranks well in customer satisfaction surveys thanks to knowledgeable agents and efficient claims processing.

Accident Forgiveness Benefit

Drivers can avoid a rate hike due to their first at-fault accident after 5 years thanks to Nationwide’s accident forgiveness program.

Potential Cons of Nationwide

May Be More Expensive in Some Areas

As with any insurer, Nationwide’s rates can be higher than competitors depending on your location and policy specifics.

Fewer Discounts in Some States

The availability of discounts like accident forgiveness and vanishing deductibles varies by state. Verify options in your area first.

Roadside Assistance Add-On Only

Unlike some competitors, Nationwide’s roadside assistance isn’t automatically included and must be added to your policy.

Conclusion

When picking the right car insurance for your needs, be sure to get a quote from Nationwide. Their customizable coverage options, bundling potential, and loyalty benefits like accident forgiveness and vanishing deductibles provide great value to drivers across the country.

While they have many benefits for drivers, ensure their rates and coverage options match your needs and budget.

Considering their excellent industry reputation, selecting Nationwide for auto insurance provides peace of mind on top of those added policy perks. Remember to carefully weigh the pros and cons before deciding.

Check Out: