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Shopping for car insurance is a confusing process, and insurance companies are in no hurry to help you simplify it. Auto insurance rates are based on a number of variables, some of which you can control and some of which you can’t. We’re comparing Nationwide and State Farm to help you figure out which car insurance company is a better fit for you.

Nationwide vs. State Farm: Pros & Cons

Nationwide

    • Good customer service

    • Good claims communication and resolution

    • Low perceived overall value

    • More expensive overall

State Farm

    • High overall satisfaction

    • Generally low rates

    • Mediocre communication during claims process

    • Higher rates for customer profiles with poor credit

Nationwide vs. State Farm Customer Satisfaction

The Best Car Insurance Companies in 2020

Our Car Insurance Ranking

  1. USAA
  2. Geico
  3. Allstate
  4. State Farm
  5. Farmers
  6. Progressive
  7. American Family
  8. Nationwide
  9. Travelers

Read more about the Best Car Insurance Companies »

Nationwide Auto Insurance Rating

Rating: 3.90/5

Nationwide, which is based in Columbus, Ohio, is one of the largest insurance companies in the world. In addition to insurance products, Nationwide provides financial services such as annuities, mutual funds, pensions, and mortgages. Nationwide has more than $158 billion in statutory assets.

In our overall ranking of the largest auto insurance companies, Nationwide finishes in the lower half of the pack. According to respondents’ answers in individual survey questions, customer service is among Nationwide’s biggest strengths. Nationwide's customers were also satisfied with the ease of filing a claim, communication during the claims process, and claim resolution. Most complaints about Nationwide came from customers who weren't satisfied with the value of their insurance policies.

Read more in our Nationwide Review »

State Farm Auto Insurance Rating

Rating: 4.06/5

State Farm, which was founded in 1922, is fast approaching its 100th anniversary of providing car insurance. In 1944, the company celebrated its millionth auto insurance policy and has since added more types of insurance to its offerings.

According to survey respondents, State Farm is a good insurance company. State Farm earned high scores for overall customer satisfaction. Customers also reported generally good experiences with filing claims, claim resolution, and customer service. On the negative side, State Farm customers felt they would benefit from better communication during the claims process and that overall value could be better, though State Farm’s scores in these areas were still ahead of or on par with most rivals.

Sirinarth Mekvorawuth / EyeEm / Getty Images

Read more in our State Farm Review »

How We Did This Comparison

At U.S. News, we’re all about helping people make life’s important decisions. Our college rankings, launched in 1983, set the standard in educational rankings. Our rankings in other fields, like healthcare, government, and the automotive sphere, help people and thought leaders make choices that make lives better. Now we’re continuing to empower you with the information you need to make the right choices for your life with our Best Car Insurance Rankings. 

We surveyed 2,732 consumers who filed a car insurance claim in the last five years, asking questions about their car insurance company. Of the survey respondents, 62 filed a claim with Nationwide and 463 filed a claim with State Farm. These questions covered satisfaction with the ease of filing a claim, customer service, claim status communication, claim resolution, and overall value. We also asked whether they’d recommend the company and if they planned to renew their policy. We used their responses to build our Best Car Insurance Companies Rankings and this head-to-head comparison.

Our Study Rates

To get comparative insurance rates for this study, U.S. News also worked with Quadrant Information Services to analyze a report of insurance rates in all 50 states from the nine largest national car insurance companies, though not every company operates in every state. Quadrant obtained publicly available rate data that car insurers file with state regulators. Our study rates are based on profiles for both male and female drivers aged 25, 35, and 60. Vehicles used include the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150, with annual mileage ranging from 6,000 and 12,000. Three car insurance coverage levels were used, as were credit tiers of good, fair, and poor. Clean driving records and records with one accident, one speeding violation, and one DUI were also used in the calculations of certain driver archetypes. 

To get the study rates shown here, we computed the mean rate for male and female drivers aged 25, 35, and 60 who drive 12,000 miles per year and have medium coverage, good credit, and a clean driving record. The rates shown here are for comparative purposes only and should not be considered “average” rates available by individual insurers. Because car insurance rates are based on individual factors, your car insurance rates will differ from the rates shown here.

Nationwide and State Farm Car Insurance: Which Is Cheapest?

Based on their national average representative rates as determined by the data in our study, State Farm is a better bet than Nationwide for most consumers. State Farm has a national average representative rate of $1,234, which represents some savings compared to Nationwide’s national average representative car insurance rate of $1,864. State Farm's study rate is lower than the national average rate of $1,416, while Nationwide's is hundreds of dollars higher than the average. Our study data shows that USAA and Geico are the only three insurers on our list with lower national average representative rates than State Farm. In our overall ranking of the cheapest insurance companies, State Farm lands in the third spot, with Nationwide landing near the top as the second most expensive.

The Cheapest Car Insurance Companies in 2020

Average Annual Rates:

Read more about the Cheapest Car Insurance Companies »

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Nationwide and State Farm Car Insurance: Which Is Cheapest for Men?

 

25-year-old male

35-year-old male

60-year-old male

Nationwide

$2,313.50

$1,773.58

$1,649.41

State Farm

$1,468.63

$1,204.67

$1,098.01

Age and gender play major roles in setting car insurance rates. In general, rates go down as drivers get older and more experienced, though there are sometimes exceptions to that rule. As part of our Nationwide and State Farm comparison, we’re going to use the aforementioned driver profiles to look at cost data to see what these companies charge for men in three age groups: 25, 35, and 60.

State Farm has lower representative rates than Nationwide for all three male driver profiles. Let’s start with the single 25-year-old male driver profile, with an average representative rate of $1,469 with State Farm and $2,314 with Nationwide. Compared to this group’s nationwide average rate of $1,669, this driver profile will save about 12% with State Farm and pay about 39% more with Nationwide. For the married 35-year-old male driver profile, State Farm shows a nationwide average representative rate of $1,205, while Nationwide’s average representative rate for that driver profile is $1,774. Compared to this group’s nationwide average rate of $1,368, this driver profile will save about 12% with State Farm and pay about 30% more with Nationwide. Next up is the driver profile for married 60-year-old men, and study data shows average representative rates of $1,098 with State Farm and $1,649 with Nationwide. This group’s nationwide average rate comes in at $1,267, so this driver profile will save about 13% with State Farm and pay about 26% more with Nationwide.

To find the average rates in our study based on gender and age, we created driver profiles for males in each of the following ages: 25 years, 35 years, and 60 years. The profiles also have a clean driving record, insurance coverage for 12,000 miles per year, a medium level of insurance coverage, and a good credit score. We used three vehicles for our driver profiles: the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Nationwide and State Farm Car Insurance: Which Is Cheapest for Women?

 

25-year-old female

35-year-old female

60-year-old female

Nationwide

$2,157.38

$1,753.64

$1,535.41

State Farm

$1,330.05

$1,204.67

$1,098.01

According to the data in our study, State Farm’s average representative rate for the single 25-year-old female driver profile comes in at $1,330, while Nationwide’s average representative rate for that driver profile is $2,157. The average nationwide rate for all companies in our study for this group is $1,593. State Farm’s representative rate is about 17% below this average, and Nationwide’s representative rate is about 34% above this average. With both companies, the rates in our study go down when women reach age 35 and get married. Data for State Farm shows an average representative rate of $1,205 for the driver profile for married 35-year-olds, while Nationwide’s representative rate for this driver profile is $1,754. The average representative rate for this group is $1,370. State Farm’s representative rate is about 12% below this average, and Nationwide’s representative rate is about 28% above this average. When women turn 60, they see another drop in rates. State Farm shows a representative rate of $1,098 for this driver profile, and Nationwide’s representative rate according to study data is $1,535. The average representative rate for this group is $1,229. State Farm’s representative rate is about 11% below this average, and Nationwide’s representative rate is about 25% above this average.

It’s worth noting that data shows State Farm’s national average representative rates are the same for driver profiles for married men and women in the 35- and 60-year-old age groups, though there’s a difference for driver profiles for men and women in the 25-year-old age group, with men having higher average representative rates.

We created driver profiles for females in each of the following ages: 25 years, 35 years, and 60 years. The profiles have a clean driving record, 12,000 miles per year, a medium level of insurance coverage, and a good credit score. We used three vehicles for our driver profiles: the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Nationwide and State Farm Car Insurance: Which Is Cheapest for High Mileage?

 

12,000 miles annually

Nationwide

$1,863.82

State Farm

$1,234.01

Many car insurance companies consider how many miles you drive in a year when they calculate your rates. First, let’s take a look at what you can expect from Nationwide and State Farm for high mileage, or 12,000 miles per year. According to study data, this driver profile will be better off with State Farm, which has a nationwide average representative rate of $1,234. Nationwide comes in a little higher with an average representative rate of $1,864. The average nationwide rate for this driver profile is $1,416. 

We created driver profiles for females in each of the following ages: 25 years, 35 years, and 60 years. The profiles have a clean driving record, 12,000 miles per year, a medium level of insurance coverage, and a good credit score. We used three vehicles for our driver profiles: the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Nationwide and State Farm Car Insurance: Which Is Cheapest for Low Mileage?

 

6,000 miles annually

Nationwide

$1,849.23

State Farm

$1,113.59

State Farm again has an advantage thanks to its lower nationwide average representative rate of $1,114. Nationwide’s average representative rate comes in at $1,849. For this group, the nationwide average is $1,371. You might be surprised to find that for both companies, low-mileage drivers don’t save much compared to high-mileage drivers. Based on State Farm’s study rates, the group with low mileage saves just about 11% compared to the group with high mileage. For Nationwide, the savings is less than 1%.

To find the average rates in our study based on annual mileage, we created driver profiles for customers who drove 6,000 miles per year. The profiles also have a clean driving record, a medium level of insurance coverage, and a good credit score. We used three vehicles for our driver profiles: the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Nationwide and State Farm Car Insurance: Which Is Cheapest for Good Credit?

 

Good credit

Nationwide

$1,846.91

State Farm

$1,231.37

Consumers may be surprised to learn that their credit score and credit history play a role in auto insurance pricing. It's hard to figure out exactly how much your credit score affects your rates, but the data from our survey shed some light on the situation. According to data from our study, the driver profiles for drivers with good credit are better off with State Farm than with Nationwide. State Farm’s average national representative rate for this group is $1,231, while Nationwide’s national average representative rate for this group comes in at $1,847. The average for this group is $1,401. State Farm’s representative rate is about 12% lower than the average, and Nationwide’s is about 32% above average.

Our study reviewed the effects of credit score on car insurance rates using male and female driver profiles aged 25 years, 35 years, and 60 years. We created a profile for each level of credit score (good, fair, and poor) and assigned the profiles a clean driving record, a medium level of insurance coverage, and 12,000 miles of annual driving. The 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150 are the vehicles used in our analysis.

Nationwide and State Farm Car Insurance: Which Is Cheapest for Bad Credit?

 

Poor credit

Nationwide

$2,549.01

State Farm

$2,744.71

On the other end of the spectrum, we’ll take a look at our driver profiles for customers with poor credit. Most car insurance companies charge higher rates for customers with poor credit because they are perceived as a higher risk. Our study data shows that customers who fit these driver profiles should consider Nationwide. With a national average representative rate of $2,549 for these driver profiles, Nationwide is about midpack. State Farm’s average national representative rate of $2,745 comes in on the higher side for these driver profiles. Only one rival insurance company, Allstate, has higher representative rates for this group. The average for this group is $2,353. To show how much credit can affect insurance premiums, the difference between State Farm’s representative rates for good and poor credit is about 123%. With Nationwide, the increase is about 38%.

To compare the effects of credit score on car insurance rates, we used male and female driver profiles aged 25 years, 35 years, and 60 years. We created a profile for each level of credit score (good, fair, and poor) and assigned the profiles a clean driving record, a medium level of insurance coverage, and 12,000 miles of annual mileage. The 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150 are the vehicles used in our analysis.

Nationwide and State Farm Car Insurance: Which Is Cheapest for Good Drivers?

 

Clean record

Nationwide

$1,863.82

State Farm

$1,234.01

Next up, we’ll look at driving records, which have a significant impact on car insurance rates, according to our study. Drivers with a clean record should expect to pay less with State Farm than with Nationwide, according to study data for our driver profiles. State Farm’s national average representative rate for this driver profile is $1,234, while Nationwide’s representative rate comes in at $1,864. The average for this driver profile, according to study data, is $1,416. State Farm’s representative rate is about 13% below average, and Nationwide’s is about 32% above average.

We compared driver profiles including those with a clean record, those with one speeding violation, those with one accident, and those with one instance of driving under the influence (DUI). These driving record representative profiles included 25-, 35-, and 60-year-old males and females with 12,000 miles of driving per year, a medium level of insurance coverage, and a good credit score. Vehicles used in the analysis are the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Nationwide and State Farm Car Insurance: Which Is Cheapest After a Speeding Ticket?

 

With 1 speeding violation

Nationwide

$2,263.09

State Farm

$1,374.63

Getting a speeding ticket is expensive in more ways than one. Once you’ve paid the fines, your car insurance is likely to go up. Our study data and driver profiles can help show how much this moving violation can potentially cost.

State Farm, with an average national representative rate of $1,375, is the cheaper of these two companies for the speeding ticket driver profiles. You’re likely to pay a little more with Nationwide, according to study data, which shows an average national representative rate of $2,263 for these driver profiles. The average rate for this group is $1,724. For this profile, State Farm’s representative rate is about 20% lower than average and Nationwide’s is about 31% higher than average.

To analyze these rates, we particularly looked at driver profiles with one speeding violation. These driving record representative profiles included 25-, 35-, and 60-year-old males and females with 12,000 miles of driving per year, a medium level of insurance coverage, and a good credit score. Vehicles used in the analysis are the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Nationwide and State Farm Car Insurance: Which Is Cheapest After an Accident?

 

With 1 accident

Nationwide

$2,765.78

State Farm

$1,486.96

According to our driver profiles for consumers with a single accident on their driving record, State Farm is the less expensive of these two insurance companies, by a considerable margin. Study data shows that State Farm’s average national representative rate for our driver profiles with one accident is $1,487, while Nationwide’s average representative rate for this group is $2,766. State Farm’s representative rate for this driver profile is the second-lowest of the companies in the study, after USAA, but Nationwide’s is the highest. With an average nationwide rate of $2,028, State Farm’s representative rate is again below average, by about 27%, and Nationwide’s is again above average, by about 36%.

We analyzed driver profiles with one accident to find these average rates. These driving record representative profiles included 25-, 35-, and 60-year-old males and females with 12,000 miles of driving per year, a medium level of insurance coverage, and a good credit score. Vehicles used in the analysis are the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

Nationwide and State Farm Car Insurance: Which Is Cheapest After a DUI?

 

With 1 DUI

Nationwide

$4,011.29

State Farm

$1,680.87

According to our study data and driver profiles, customers who have a single instance of driving under the influence, or DUI, on their record should check out State Farm before Nationwide. State Farm has an average national representative rate of $1,681 for these driver profiles, while the average representative rate for Nationwide is $4,011. Compared with the other insurance companies in our survey, State Farm has the lowest representative rate for our driver profile with a DUI. Nationwide’s average representative rate is the highest of the group of insurance companies in the study. Compared to the nationwide average rate of $2,464, State Farm’s representative rate is about 32% below average and Nationwide’s is about 63% higher. To get a sense of how much these violations affect car insurance, take a look at the difference between State Farm’s representative rates for the driver profile with a clean record and the rate for the driver profile with a DUI, a total increase of 36%. With Nationwide, the difference is an increase of about 115% as the severity of the violation increases.

We compared driver profiles with one instance of driving under the influence (DUI) to arrive at these average rates in our study. These driving record representative profiles included 25-, 35-, and 60-year-old males and females with 12,000 miles of mileage per year, a medium level of insurance coverage, and a good credit score. Vehicles used in the analysis are the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150.

The Best Car Insurance Companies in 2020

Our Car Insurance Ranking

  1.     USAA
  2.     Geico
  3.     Allstate
  4.     State Farm
  5.     Farmers
  6.     Progressive
  7.     American Family
  8.     Nationwide
  9.     Travelers

The Cheapest Car Insurance Companies in 2020

Average Annual Rates:

Car Insurance Hub | Best Car Insurance Companies | Cheapest Car Insurance Companies

Get Cheap Car Insurance Quotes in Your Area

Get great auto insurance coverage at an even better price.