Nationwide vs. State Farm Auto Insurance in 2024 (Best Value Revealed)
When comparing Nationwide vs. State Farm auto insurance, both are top providers, with rates starting at $33/mo. While State Farm does have lower rates, Nationwide has better financial ratings than State Farm. Compare Nationwide and State Farm rates and coverages to see which is best for you.
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Heidi Mertlich
Licensed Insurance Agent
Heidi works with top-rated insurance carriers to bring her clients the highest quality protection at the most competitive prices. She founded NoPhysicalTermLife.com, specializing in life insurance that doesn’t require a medical exam. Heidi is a regular contributor to several insurance websites, including FinanceBuzz.com, Insurist.com, and Forbes. As a parent herself, she understands the need ...
Licensed Insurance Agent
UPDATED: Nov 15, 2024
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Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Nov 15, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
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3,019 reviewsCompany Facts
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3,019 reviews
17,759 reviewsCompany Facts
Min. Coverage
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17,759 reviewsWhen comparing Nationwide vs. State Farm auto insurance, both are solid choices. Both are on the list of the best auto insurance companies, but which is the best option based on your personal characteristics?
We’ll compare Nationwide vs. State Farm auto insurance rates based on age, driving record, and credit history to see which one can offer you a better deal.
We’ll also compare available discounts and ratings from agencies with a credible and trustworthy view of Nationwide vs. State Farm auto insurance companies.
Nationwide vs. State Farm Auto Insurance Rating
| Rating Criteria |  |  |
|---|---|---|
| Overall Score | 4.5 | 4.3 |
| Business Reviews | 4.5 | 5.0 |
| Claim Processing | 3.5 | 4.3 |
| Company Reputation | 4.5 | 4.5 |
| Coverage Availability | 5.0 | 5.0 |
| Coverage Value | 4.3 | 4.2 |
| Customer Satisfaction | 4.0 | 4.1 |
| Digital Experience | 4.5 | 4.5 |
| Discounts Available | 5.0 | 5.0 |
| Insurance Cost | 4.4 | 3.9 |
| Plan Personalization | 4.5 | 4.5 |
| Policy Options | 4.7 | 3.8 |
| Savings Potential | 4.6 | 4.3 |
| Nationwide Review | State Farm Review |
Read now to learn how to find affordable Nationwide vs. State Farm auto insurance, and enter your ZIP code above to compare auto insurance quotes from multiple companies in your area.
- State Farm is the largest company in the auto insurance industry
- State Farm has a cheaper national average rate
- Nationwide has a superior financial rating from A.M. Best
Nationwide vs. State Farm Auto Insurance Rate Comparison
On average, State Farm car insurance is cheaper than Nationwide car insurance. However, rates will vary. Why? Auto insurance companies, including Nationwide and State Farm, consider a variety of factors when setting auto insurance rates.
Learn More: Factors That Affect Auto Insurance Rates
To get an idea of how much you could pay for auto insurance, we’ve collected sample rates from Nationwide and State Farm to show you a side-by-side comparison. Whenever you are shopping for insurance and comparing companies, whether it’s Farmers vs. Nationwide or State Farm vs. Mercury, it is important to compare rates to see which has the better rates for your demographic.
Nationwide vs. State Farm Auto Insurance Rates by Age
First, car insurance companies factor your age into your policy. Age is correlated with a driver’s experience. Younger drivers are usually less experienced, so they pay higher auto insurance rates.
But how do Nationwide and State Farm calculate auto insurance rates based on age? Let’s review.
Nationwide vs. State Farm Full Coverage Auto Insurance Monthly Rates by Age & Gender
| Age & Gender | | |
|---|---|---|
| Age: 16 Female | $411 | $311 |
| Age: 16 Male | $476 | $349 |
| Age: 30 Female | $124 | $94 |
| Age: 30 Male | $136 | $103 |
| Age: 45 Female | $113 | $86 |
| Age: 45 Male | $115 | $86 |
| Age: 60 Female | $99 | $76 |
| Age: 60 Male | $104 | $76 |
State Farm insurance is more affordable than Nationwide insurance for drivers of all ages, based on average rate calculations.
Nationwide vs. State Farm Auto Insurance Rates by Driving Record
However, your driving record is also a significant factor when determining your auto insurance rates. Drivers with clean driving records will have the cheapest rates at both companies.
So, how do Nationwide and State Farm issue rates based on a motorist’s driving history? Let’s look at the sample rates.
Nationwide vs. State Farm Full Coverage Auto Insurance Monthly Rates by Driving Record
| Driving Record | | |
|---|---|---|
| Clean Record | $115 | $86 |
| Not-At-Fault Accident | $161 | $102 |
| Speeding Ticket | $137 | $96 |
| DUI/DWI | $237 | $112 |
Looking at both companies’ rates, State Farm vehicle insurance has cheaper rates for those with speeding violations, DUIs, and more.
Nationwide vs. State Farm Auto Insurance Rates by Credit Score
Did you know car insurance companies issue cheaper rates to people with good or exceptional credit?
Auto insurance companies charge cheaper rates to consumers with a good credit history because they’re less likely to file a claim.
Meanwhile, customers with fair or poor credit are believed to be more likely to file Nationwide or State Farm claims.
Let’s look at how these costs are calculated at Nationwide and State Farm.
Nationwide vs. State Farm Monthly Auto Insurance Rates by Credit Score
| Credit Score | | |
|---|---|---|
| Excellent (800-850) | $203 | $181 |
| Very Good (740-799) | $249 | $238 |
| Good (670-739) | $288 | $275 |
| Fair (580-669) | $355 | $413 |
State Farm is cheaper than Nationwide vehicle insurance on all credit levels. You can get a State Farm auto quote online directly from the company or use an online quote comparison tool.
If you happen to have a fair or poor credit score, State Farm will be a more cost-efficient auto insurance option.
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Nationwide vs. State Farm Auto Insurance Coverage Options
You’ve seen how much you can pay for auto insurance, but what exactly do you pay for when getting a policy? The most prominent auto insurance companies have several types of auto insurance you can add to your policy. Let’s compare Nationwide and State Farm’s coverage options.
Nationwide vs. State Farm Auto Insurance Coverage Options
| Coverage Type | | |
|---|---|---|
| Accident Forgiveness | ✅ | ❌ |
| Collision | ✅ | ✅ |
| Comprehensive | ✅ | ✅ |
| Custom Parts & Equipment (CPE) | ✅ | ✅ |
| Gap Insurance | ✅ | ❌ |
| Glass Coverage | ✅ | ✅ |
| Liability | ✅ | ✅ |
| Mechanical Breakdown (MBI) | ✅ | ❌ |
| Medical Payments (MedPay) | ✅ | ✅ |
| New Car Replacement | ❌ | ✅ |
| Personal Injury Protection (PIP) | ✅ | ✅ |
| Rental Reimbursement | ✅ | ✅ |
| Rideshare Insurance | ✅ | ✅ |
| Roadside Assistance | ✅ | ✅ |
| SR-22 Insurance | ✅ | ✅ |
| Uninsured/Underinsured Motorist | ✅ | ✅ |
State Farm may be cheaper, but Nationwide provides more coverage options. This may explain why Nationwide auto insurance rates are more expensive overall when you get a quote from Nationwide.
Keep in mind that State Farm or Nationwide roadside assistance is available, and it’s always a good idea to make sure you’re protected in the event of unforeseen circumstances like a flat tire.
Need to add or remove coverage? Nationwide and State Farm customers can view their insurance records and ID cards, make adjustments to coverages, and pay their bills using their Nationwide login or State Farm login.
Nationwide vs. State Farm Auto Insurance Discounts
If some of the factors we discussed earlier generate higher rates for you, auto insurance discounts can slash prices a great deal. Let’s see which company has more opportunities to save money.
Nationwide vs. State Farm Auto Insurance Discounts by Savings Potential
| Discount | |  |
|---|---|---|
| Multi-Policy | 10% | 17% |
| Safe Driver | 10% | 10% |
| Good Student | 5% | 8% |
| Low Mileage | 7% | Varies |
| Paperless Billing | 4% | 5% |
| Defensive Driving Course | 7% | 10% |
| Accident-Free | N/A | 15% |
| Anti-Theft Device | 5% | 10% |
| Defensive Driving | 10% | 5% |
State Farm’s low prices are partly due to its array of discounts offered. Also, you can see why Nationwide’s teen auto insurance is cheaper than State Farm’s.
No matter which company you go with, don’t forget to take advantage of any discounts available, especially accident forgiveness. Be sure to have these discounts in place before you contact the Nationwide or State Farm claims departments to file a new claim.
If you’re thinking about comparing Nationwide vs. State Farm home insurance, it may be a good idea to bundle your car and home insurance together. Bundling home insurance with auto insurance can save you 12% or more.
What if you don’t own a home? You can still save by bundling renters insurance. Nationwide and State Farm both offer homeowners and renters insurance. However, Nationwide does not carry mobile home insurance.
Nationwide vs. State Farm Auto Insurance Customer Reviews
Customer reviews are a great way to compare and contrast the two companies based on consumer feedback. See what one consumer on Reddit has to say about State Farm vs. Nationwide below.
On sites like Reddit, both companies have mixed reviews and feedback. Reading reviews will help you determine which company is the better fit for your needs and budget (Read More: How to Choose an Auto Insurance Company).
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Nationwide vs. State Farm Auto Insurance Business Ratings
If you’ve been looking into auto insurance companies, you probably saw a few star ratings or grades. We’ve done some research and compiled those business insurance ratings for you.
Insurance Business Ratings & Consumer Reviews: Nationwide vs. State Farm
| Agency | | |
|---|---|---|
 | Score: 855 / 1,000 Above Avg. Satisfaction | Score: 877 / 1,000 Above Avg. Satisfaction |
 | Score: A+ Excellent Business Practices | Score: C- Below Avg. Business Practices |
 | Score: 75/100 Positive Customer Feedback | Score: 75/100 Positive Customer Feedback |
 | Score: 0.78 Fewer Complaints | Score: 0.78 More Complaints Than Avg. |
 | Score: A+ Superior Financial Strength | Score: B Fair Financial Strength |
Both companies have strong ratings, with the same rating on NAIC and Consumer Reports (Learn More: Best Auto Insurance Companies According to Consumer Reports). However, Nationwide’s ratings are a little stronger on most rating sites.
Pros and Cons of Nationwide
Pros:
- Policy Options: Nationwide has more add-on auto insurance coverages for sale than State Farm.
- Business Reviews: Nationwide has better financial ratings than State Farm.
- Online Management: Nationwide has more online tools for policy management than State Farm.
Cons:
- Availability: Nationwide car insurance is available in fewer states than State Farm.
- Local Agent Assistance: Nationwide has fewer local agents than State Farm.
Pros and Cons of State Farm
Pros:
- Availability: State Farm is available to purchase in every state, unlike Nationwide.
- Affordable Rates: On average, State Farm is cheaper than Nationwide for most drivers.
- Local Agent Assistance: State Farm has available agents in most areas for personalized assistance (Learn More: How to Find Auto Insurance Agents in Your Area).
Cons:
- Lower Business Ratings: State Farm has lower ratings than Nationwide, with a low A.M. Best financial rating and a C- from BBB.
- Fewer Coverage Options: State Farm doesn’t sell as many add-ons as Nationwide, limiting customers’ choices.
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Nationwide vs. State Farm Auto Insurance: Choosing the Best Company for You
Not sure which company to pick when comparing Nationwide vs. State Farm auto insurance? State Farm provides cheaper car insurance and is one of the cheapest auto insurance companies, but Nationwide has more coverage options.
Nationwide insurance is best for customers looking for multiple coverages, while State Farm is best for those trying to keep auto insurance costs down.Brandon Frady Licensed Insurance Producer
Before you buy Nationwide vs. State Farm auto insurance, enter your ZIP code to compare multiple auto insurance companies in your area.
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Frequently Asked Questions
What is the difference between Nationwide and State Farm auto insurance?
Nationwide and State Farm are both well-known insurance companies that offer auto insurance coverage. However, there are some differences when it comes to comparing State Farm vs. Nationwide. Nationwide is generally recognized for its broad coverage options and flexible policies, while State Farm is known for its extensive network of local agents and excellent customer service.
Which company has better customer service, Nationwide or State Farm?
Both Nationwide and State Farm are known for their commitment to customer service, but opinions may vary based on individual experiences. When you compare State Farm to Nationwide, State Farm is often praised for its extensive network of local agents who can provide personalized assistance, while Nationwide is renowned for its responsive customer support and digital tools that offer convenience.
Which company offers more affordable auto insurance rates, Nationwide or State Farm?
Auto insurance rates can vary significantly based on multiple factors, such as the driver’s profile, location, vehicle type, and coverage needs. Therefore, it is challenging to determine which company consistently offers more affordable rates. However, it is hard to find cheaper insurance than State Farm, as it has some of the lowest average rates on the market.
To find the best rates for your specific circumstances, it is recommended to obtain quotes from both Nationwide and State Farm or compare rates using online comparison tools (Read More: How to Lower Your Auto Insurance Rates). It is recommended to compare rates whenever you are shopping for coverage, whether you are comparing Nationwide vs. Erie or Esurance vs. State Farm.
Are there any notable differences in coverage options between Nationwide and State Farm?
Both Nationwide and State Farm offer a wide range of coverage options to meet the needs of their policyholders. However, specific coverage options and features may vary between the two companies.
It is advisable to review the policy details of each insurer to understand their respective coverage offerings, such as liability coverage, collision coverage, comprehensive coverage, and additional options like roadside assistance or rental car reimbursement.
Do Nationwide and State Farm provide any additional benefits or discounts?
Yes, both Nationwide and State Farm offer additional benefits and discounts to policyholders. These can include safe driving discounts, multi-policy discounts, good student discounts, and more. It is recommended to inquire with each insurer or consult their websites to learn about the available discounts and benefits to determine which company offers the most advantageous options for you.
Is State Farm better than Nationwide?
Regarding Nationwide insurance vs. State Farm insurance, which is better will depend on what you are looking for in a company. While State Farm is cheaper on average, Nationwide does have better business ratings. However, both companies are reputable and good choices for auto insurance (Learn More: Who are the reputable auto insurance companies?).
Is there car insurance cheaper than State Farm?
Wondeirng who is cheaper than State Farm? A company that is usually cheaper than State Farm is USAA. However, USAA is only sold to military and veteran drivers. Find affordable coverage today with our free quote tool by entering your ZIP.
Is State Farm nationwide?
Yes, State Farm is available nationwide to customers. If you are moving, you can keep State Farm as your provider. Just make sure to use your State Farm login to submit a change of address.
How is State Farm vs Nationwide home insurance?
Again, it depends on what you want in a company when comparing Nationwide vs. State Farm home insurance. Both companies offer a bundling discount if you buy home insurance with an auto insurance policy (Read More: How to Save Money by Bundling Insurance Policies).
What is the State Farm NAIC number?
State Farm’s NAIC number for automobile insurance is 25178.
Heidi Mertlich
Licensed Insurance Agent
Heidi works with top-rated insurance carriers to bring her clients the highest quality protection at the most competitive prices. She founded NoPhysicalTermLife.com, specializing in life insurance that doesn’t require a medical exam. Heidi is a regular contributor to several insurance websites, including FinanceBuzz.com, Insurist.com, and Forbes. As a parent herself, she understands the need ...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.