State Farm vs. Nationwide: Which provider is better?

State Farm vs. Nationwide: Which provider is better?

State Farm vs. Nationwide

Nationwide ranks high in customer service, getting an A+ Superior rating from A.M. Best and an A from the Better Business Bureau. The company also offers roadside assistance and provides numerous discounts, making car insurance more affordable.

Like Nationwide, State Farm also gets a “good grade” from the Better Business Bureau – a solid B. As well, State Farm provides its customers ways to save, with its Drive Safe & Save discount and a vehicle safety discount, among others. But the similarities don’t stop there. State Farm too offers roadside assistance.

But with all of these things in common, which one do you choose? We’ve made it easier for you but comparing StateFarm and Nationwide side by side. Check out the pros and cons of each provider below and choose the one that’s right for you.

State FarmState FarmNationwideNationwide
AboutFounded in 1922, State Farm ranks as one of the top companies where cars and homes are insured. State Farm stands by its customers by striving to offer the best products and prices. The company is no stranger to the Fortune 500 list..Nationwide is not just an auto insurance company, it is also one of the largest financial services companies in America. Its flexible options and member resources are among a few of the reasons people have chosen Nationwide since 1926.
PricePolicy costs depend your personal situation. Visit StateFarm for a quote based on your specific needs.Policy costs depend your personal situation. Visit Nationwide for a quote based on your specific needs.
States servedAll 50 states46
User satisfaction*B+A
J.D. Power ratings**3/5 on overall claims satisfaction3/5 on overall claims satisfaction
Driver discountsView driver discounts
Vehicle discountsView vehicle discounts

Compare all car insurance companies at once

Compare 7+ car insurance companies. Enter your zip code below and click ‘Compare Now’ to begin.


* Based on Better Business Bureau’s company rating
** Based on the 2016 U.S Auto Claims Satisfaction Study


Driver discounts

State FarmState FarmNationwideNationwide
Good studentUp to 25% (under 25). Additional discount if student is away from home and only using the car when back home.Varies (full-time student, B average or higher, 16 to 24)
Defensive driverYesYes
Good driverYes (3 years no moving violations or at-fault accidents)Up to 10% (no at-fault accidents and free of major violations for at least 5 years)
Pay in full discountNoNo
Multi carUp to 20% (two or more vehicles in household)No
MilitaryNoNo
HomeownerNoNo
Other discounts
  • Driving training – Varies (all operators under 21 complete approved drivers education)
  • Drive Safe & Safe – Enroll in the State Farm app
  • Multi policy discount – Up to 20%
  • SmartRide discount – 5-40% (usage based discount using plug-in device)
  • Nationwide Family Plan – Up to 25%
  • Easy-Pay sign-up discount
  • Affinity car insurance discounts – For members of partner business or organization
  • Paperless documents discount – Varies

Vehicle discounts

State FarmState FarmNationwideNationwide
Anti-theft deviceYesVaries (factory-installed deterrents)
Anti-lock brakeNoNo
Passive restraintsUp to 40% (medical-related coverage, vehicle made in 1994 or later)N/A
Air bagYesNo
Other discounts

  • Vehicle safety discount – Up to 40% (medical-related coverage, vehicle made in 1994 or later)

 

Bottom line

Neither company offers an overwhelming amount of discounts. So your best bet is to keep your personal situation in mind, and find the one that offers the most discounts that fit your situation.

Compare all car insurance companies at once

Compare 7+ car insurance companies. Enter your zip code below and click ‘Compare Now’ to begin.

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and our Privacy Policy.
Go to site