Introduction
Nationwide Insurance is a prominent insurance provider in the United States, offering a wide array of insurance and financial services. Founded in 1926, the company has grown into one of the largest mutual insurance organizations, known for its comprehensive policies, reliable customer service, and strong financial stability. Nationwide serves millions of customers through a combination of agents, online tools, and corporate offices.
This article provides an in-depth overview of Nationwide Insurance, including its history, services, strengths, weaknesses, and practical advice for choosing the right coverage.
Company Overview
Nationwide was founded as the Farm Bureau Mutual Automobile Insurance Company in Columbus, Ohio, with a focus on providing affordable auto insurance for farmers. Over the decades, the company expanded into property, life, and commercial insurance. Today, Nationwide has over 30,000 employees and serves millions of policyholders across the country.
The company operates on a mutual model, meaning policyholders are members and can benefit from dividends and shared profits. Nationwide emphasizes community involvement, financial education, and disaster relief programs.
Insurance Products and Services
1. Auto Insurance
Nationwide’s auto policies include:
- Liability coverage
- Collision and comprehensive
- Medical payments
- Personal injury protection
- Uninsured/underinsured motorist
- Roadside assistance
Discounts are available for safe driving, bundling multiple policies, good student performance, and vehicle safety features.