Nationwide Mutual Insurance Company is one of America’s largest insurance carriers, offering a full range of insurance and financial services. The company is based in Columbus Ohio, with regional headquarters in Des Moines Iowa, San Antonio Texas, Gainesville Florida, Lynchburg Virginia, Raleigh North Carolina, and Westerville Ohio.
Nationwide, established back in 1926 as Farm Bureau Mutual Automobile Insurance Company, began with about a thousand policyholders in Ohio. The company changed its name to Nationwide in 1955, and now holds more than 135 billion dollars in assets. In 2012, the Nationwide Mutual Insurance Company claimed 30.35 billion dollars in total revenue. Company underwriters wrote more than 7.2 million insurance policies in 2013 alone.
Nationwide has licensed, well trained insurance agents in every U.S. State except Alaska and Hawaii. The company ranks 9th on a list of the top ten best auto insurance companies in the U.S. based on affordability, value of services, and responsiveness.
Nationwide Car Insurance is one of the top 10 most recognizable national brands for car insurance, with millions more policyholders for home, business, property, and life insurance. The success of Nationwide is partly due to the mega millions spent on advertising. Nationwide’s aggressive ad campaigns never let us forget the company slogan – Nationwide is On Your Side.
The company’s official website has a special auto coverage page for each U.S. State of what Americans call “the lower 48,” with a clickable U.S. Map to ease your navigation. In addition to its super user-friendly website, Nationwide also has a free iPhone app called Nationwide Mobile. Auto insurance policyholders can use Nationwide Mobile to get step-by-step instructions following an accident, to begin the claims process, and to find local vehicle repair shops, among other handy features. Nationwide was the first insurance carrier in the United States to create an iPhone app.
Nationwide currently ranks fifth among insurance companies overall, surpassed only by State Farm, Allstate, Geico and Progressive. Nationwide holds nearly five percent of the total market share for U.S. insurance companies, and supports more than 30,000 employees throughout the United States. Company operations are overseen by the company’s CEO, Steve Rasmussen. The company maintains a favorable consumer review rating, and roughly 95 percent of Nationwide’s policyholders would recommend Nationwide to their friends, family, and colleagues.
Nationwide is especially well known for its corporate diversity and inclusion, welcoming employees of all races and religions, as well as alternative genders. Its approval rating by gay communities is one reason why Nationwide is considered one of America’s better companies to work for. The company is also known for its charitable donations to food banks, children’s hospitals, and other non profit organizations.
The average annual car insurance premium paid in the United States was $907.38 in 2014, according to a study commissioned by Quadrant Information Services. Nationwide remains competitive with other insurance companies in this respect. Customers enjoy numerous discount programs, including savings of up to 25 percent for multiple policyholders. Other available auto insurance discounts offered by Nationwide include a 10 percent accident free discount, a 15 percent good student discount, a 10 percent defensive driving discount, and a 5 percent anti theft discount, to name only a few. You can also get $30 off your annual rate by signing up for electronic funds transfer, also known as paperless billing. What’s more, maintaining a safe driving record is rewarded with a “vanishing deductible,” which can save you as much as one hundred dollars a year in car insurance.
To learn more about insuring your vehicle, visit nationwide.com.