Nationwide's Vanishing Deductible program is one of the most innovative offerings in auto insurance. Your deductible drops $100 for every year of safe driving. SmartRide telematics rewards careful drivers. Founded in 1926 and headquartered in Columbus, OH, Nationwide holds an AM Best financial strength rating of A+ and scored 876 out of 1000 on the J.D. Power 2026 U.S. Auto Insurance Study.
Nationwide Pros and Cons
- Vanishing Deductible program
- SmartRide telematics discount
- On Your Side review service
- Gap coverage available
- Limited availability in some states
- Rates vary widely by location
- Smaller agent network
Bottom line: Nationwide is best for Safe drivers wanting deductible rewards.
Nationwide Rates by Driver Profile
| Driver Profile | Estimated Annual Rate | vs. National Average | Assessment |
|---|---|---|---|
| Clean record — 35, good credit | $1,320 | $684 below avg | Competitive |
| One speeding ticket | $1,650 | +25% surcharge | Standard |
| At-fault accident | $1,914 | +45% surcharge | Standard surcharge |
| DUI conviction | $2,349 | +78% surcharge | Higher than average surcharge |
| Teen driver added | $2,402 | +82% surcharge | Standard teen surcharge |
Nationwide Coverage Options
Nationwide offers standard auto insurance coverage types including liability, collision, comprehensive, uninsured motorist, and medical payments. Gap insurance is available from Nationwide which covers the difference between your car's actual cash value and your loan balance after a total loss. Rideshare coverage availability varies by state at Nationwide.
Is Nationwide Right for You?
Nationwide is an excellent choice for Safe drivers wanting deductible rewards. Our recommendation is to always compare Nationwide's rate against at least 3 other insurers before committing. Insurance rates are highly individualized and the cheapest insurer varies by your specific driver profile, location, and vehicle. A comparison shopping session takes 10 minutes and can save you $400 to $2,000 per year.