Nationwide Insurance Rates & Pricing 2026

Average Auto Insurance Rates

Nationwide's average annual auto insurance premium is approximately $1,840 for a driver with a clean record and standard coverage. Rates vary significantly by age, location, driving history, and coverage selections. The table below shows approximate annual premiums by age group for a driver with full coverage and no recent claims.

Average Home Insurance Rates

Nationwide homeowners insurance rates depend on dwelling coverage amount, location, home age, and claims history. The following table shows approximate annual premiums by dwelling coverage level for a standard single-family home with no recent claims.

How Nationwide Compares

The following table compares Nationwide's average annual auto insurance premium ($1,840) against three major competitors for a 35-year-old driver with a clean record and full coverage.

Discounts That Lower Your Rate

Nationwide offers a range of discounts that can substantially reduce your premium. Stacking multiple discounts is the key to getting the best rate. Here are the primary savings opportunities:

• Multi-policy bundle: Save 5-20% by combining auto with home or renters insurance
• Safe driver/telematics: Enroll in Nationwide's telematics program for savings up to 25-40%
• Good student: Full-time students with a B average or better save 5-15%
• Multi-vehicle: Insuring two or more vehicles on one policy saves 5-25%
• Anti-theft device: Vehicles with approved anti-theft systems qualify for 5-20% off
• Paid in full: Paying your annual premium upfront saves 5-7% versus monthly installments

Factors Affecting Your Rate

Understanding what drives your Nationwide premium helps you identify where you have leverage to reduce costs. Here are the primary factors Nationwide uses to calculate your rate:

Driving Record

Nationwide considers the past 3-5 years depending on the severity of incidents. Their vanishing deductible rewards clean records, effectively creating an ongoing incentive for safe driving beyond just premium discounts.

SmartRide Participation

Enrolling in SmartRide can significantly impact your rate, with discounts up to 40% for the safest drivers. The program evaluates hard braking, rapid acceleration, nighttime driving, and mileage.

Bundling Depth

Nationwide rewards customers who consolidate multiple products, with savings increasing as you add policies. A customer with auto, home, and umbrella coverage sees substantially better per-policy pricing than a single-product customer.

Geographic Location

Nationwide's rates vary significantly by state and region. They tend to be most competitive in the Midwest and Mid-Atlantic states where they have the strongest market presence and most actuarial data.

Vehicle Safety and Anti-Theft

Vehicles with comprehensive safety features and anti-theft recovery systems receive meaningful discounts. Nationwide's rating models reward these features more generously than some competitors.

Payment Method

Paying in full rather than monthly installments saves 5%, and enrolling in autopay provides an additional small discount. These payment-related savings can add up to $100-150 annually.

How to Get the Best Rate

Getting the lowest possible rate from Nationwide requires proactive effort. Here are the most effective strategies for reducing your premium:

1. Enroll in SmartRide immediately when starting your policy. The discount potential of up to 40% is among the highest of any telematics program and can dramatically reduce your premiums.
2. Maintain a claim-free record to maximize the vanishing deductible benefit. Over 5 claim-free years, your deductible drops by $500, effectively giving you $500 in free coverage.
3. Consider adding pet insurance if you have pets. Bundling pet coverage with auto and home can generate additional multi-policy savings while covering a real financial risk.
4. Ask about brand new belongings coverage on your home policy. The additional cost is typically modest, but it replaces damaged items at full retail value instead of depreciated value.