Allstate vs. Nationwide Insurance

Which insurance carrier is right for you? Compare discounts, rates and quotes from Allstate and Nationwide.

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Allstate vs. Nationwide: What You Need to Know

Founded in 1931, Allstate is the nation’s largest publicly held personal lines insurer. It was founded by former Sears, Roebuck & Co President and Board Chairman, General Robert E. Wood, who initially sold policies through the mail, an innovative business move. The name Allstate was taken from a tire sold in the Sears catalog and the first sales location was in a Chicago Sears store. The first claim paid was to a man who showed up at the office holding a car door handle in his hand after an attempted car theft.

Murray D. Lincoln formed the Farm Bureau Mutual Automobile Insurance Company with the goal of selling auto insurance at low rates for farmers in Ohio. In 1926, the first policy was sold. In 1928, Farm Bureau Mutual began to expand into other states including West Virginia, Maryland, Delaware, Vermont, and North Carolina. By 1934, the company was insuring motorists in metropolitan areas and writing property insurance policies too and by 1943 was operating in 12 states and the District of Columbia. It was in 1955 that the company changed its name to nationwide, with an expansion into 20 new states. In 1982, Nationwide acquired a 100-year-old company and America’s leading farm insurer and went public in 1997. In the year 2000, the Nationwide Arena opened and became home to a National Hockey League franchise, the Columbus Blue Jackets. In 2007, the Nationwide Bank opened. Today, Nationwide is a Fortune 100 company with a full range of insurance and financial services across the country, including car, motorcycle, boat, homeowners, pet, farm, life and commercial insurance, annuities, mortgages, mutual funds, pensions, long-term savings plans and specific health services.

Below is a list of average rates, rankings, products and discounts for the two companies. For full company overviews, you can visit Allstate Overview and Nationwide Overview.

Allstate vs. Nationwide: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with Allstate and Nationwide. On average, Allstate charges approximately $218.76 per month while Nationwide comes in at around $192.36 per month. For Allstate, the cheapest state average is North Carolina at $109.03 per month and the most expensive is Michigan at $675.09 per month. For Nationwide, the cheapest state average is North Carolina at $91.22 per month and the most expensive is Nevada at $357.54 per month.

Allstate

Average Rate

$218.76
Nationwide

Average Rate

$192.36
National

Average Rate

$117.28
State Allstate Nationwide
Alabama $135.46 $129.51
Alaska $155.95 -
Arizona $244.97 $210.60
Arkansas $190.81 $129.07
California $175.09 $264.61
Colorado $158.58 $170.76
Connecticut $259.47 $171.89
Delaware $239.34 $185.03
District of Columbia $267.12 $227.20
Florida $222.75 -
Georgia $184.79 $157.54
Hawaii $122.87 -
Idaho $135.07 $121.72
Illinois $219.16 $145.74
Indiana $150.40 $127.95
Iowa $138.00 $106.49
Kansas $185.79 $139.88
Kentucky $224.00 $242.59
Louisiana $282.93 -
Maine $115.22 -
Maryland $220.05 $206.51
Massachusetts $180.65 -
Michigan $675.09 $310.30
Minnesota $176.93 $179.42
Mississippi $319.76 $131.83
Missouri $131.54 $162.49
Montana $202.83 -
Nebraska $144.31 $119.98
Nevada $279.20 $357.54
New Hampshire $171.89 $123.90
New Jersey $221.47 -
New Mexico $190.96 -
New York $264.71 $303.65
North Carolina $109.03 $91.22
North Dakota $181.68 -
Ohio $138.48 $115.22
Oklahoma $166.38 -
Oregon $169.65 $134.88
Pennsylvania $185.25 $119.69
Rhode Island $257.07 $217.51
South Carolina $137.26 $135.06
South Dakota $189.09 -
Tennessee $164.34 $153.86
Texas $247.72 $179.89
Utah $173.14 $140.64
Vermont $152.89 $103.24
Virginia $186.02 $149.81
Washington $159.66 $134.55
West Virginia $189.91 $205.51
Wisconsin $149.34 $112.17
Wyoming $230.12 -

Allstate vs. Nationwide: Rates by Number of Vehicle

Home

Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that Allstate and Nationwide typically charge for drivers who have more than 1 vehicle.

Number of Vehicles Allstate Nationwide
1 Vehicle $203.99 $179.57
2 Vehicles $281.88 $243.70
3 Vehicles $365.78 $369.05

Allstate vs. Nationwide: Rates by Homeownership

Home

Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Allstate charges $219.46 per month and Nationwide charges $178.12 per month for customers who own their home.

Own/Rent Allstate Nationwide
Own $219.46 $178.12
Rent $218.33 $200.86

What Are Allstate and Nationwide Insurance's Ratings?

Allstate and Nationwide are two of the biggest insurance carriers in the country. Nationwide was founded in 1925 and has captured 2.7% of the market share while Allstate was established in 1931 and has 4.9% of the market share. The companies share similar industry rankings which are listed below.

Comparison Allstate Nationwide
Year Founded 1931 1925
Market Share 4.9% 2.7%
A.M. Best A+
BBB Rating A- A+
Financial Strength Excellent Excellent
JD Power Ranking About Average About Average
Moody’s Rating Aa3 A1
Moodys
NAIC Complaint Index 1.03 0.38
S&P Rating AA- A+

Allstate or Nationwide: Insurance Products Offered

Nationwide and Allstate offer a suite of insurance products listed below. Both companies offer car, life and motorcycle coverage. 

Insurance Allstate Nationwide
Annuities
Boat Insurance
Business Insurance
Car Insurance
Commercial Insurance
Condo Insurance
Farm Insurance
Homeowners Insurance
Landlord Insurance
Life Insurance
Long-Term Savings Plans
Mortgages
Motorcycle Insurance
Mutual Funds
Pensions
Pet Insurance
Renters Insurance
Roadside Assistance Coverage
RV Insurance

Allstate or Nationwide: Ways to Save

When it comes to auto insurance discounts, both companies offer options to save money. The full list of discounts is available below. Compare the two companies side by side and find the company that will keep more money in your pocket.

AllstateNationwide
Allstate eSmart DiscountAccident-free Discount
Anti-lock Brake DiscountAdvance Quote Discount
Anti-Theft Device DiscountAffinity Car Insurance Discounts
Deductible RewardsAnti-theft Discount
Early Signing DiscountDefensive Driving Discount
EZ Pay Plan DiscountEasy Pay Discount
FullPay DiscountFarm Bureau Discount
Multiple Policy DiscountGood Student Discount
New Car DiscountLong-term Policyholder Discount
Responsible Payer DiscountMulti-policy Discount
Safe Driving BonusNationwide Family Plan
Smart Student DiscountNew Vehicle
Paperless Documents
Passive Occupant Restraint Discount
SmartRide Discount

Pros & Cons of Allstate & Nationwide

Pros

Allstate
  • Allstate is the third largest auto insurer in the U.S and offers insurance in all states.
  • There are more than 19,000 independent contractor agents across the country so it’s easy to find an agent in your area.
  • Allstate offers a range of insurance packages that can be customized.
  • The Allstate app is very helpful for managing your account.
Nationwide
  • Up to 20% off when you bundle home, auto, life and other policies with Nationwide.
  • Big savings for safe driving history.
  • On Your Side Auto Repair Network guarantees workmanship on repairs.
  • Vanishing deductible.

Cons

Allstate
  • Allstate does not offer rideshare insurance for Uber and Lyft drivers.
Nationwide
  • High rates for people with an imperfect driving history.
  • Credit check in most states.

Allstate or Nationwide Mobile Apps Options

The Allstate Mobile app is available for iOS and android. It offers instant agent access, digital ID cards, the ability to see policy documents, choose modes of communication and manage claims with the option of uploading photos of damage after an accident. Drivewise measures safe driving behavior and can earn customers discounts. The app also features an Escape Route that creates a safe path to exit a fire.

The Nationwide Mobile App for Android, iPhone and iPad lets you access accounts on the go. The app features fingerprint and facial login to a dashboard where you make payments, manage payment methods and save or share ID cards with drivers on your policy. You can also file a claim and check on its status. The app comes fully equipped to connect with roadside assistance too.

Allstate Mobile App
iOS      4.8 238K user reviews
Android      4.4 28K user reviews
Nationwide Mobile App
iOS      3.6 3K user reviews
Android      4.3 1.4K user reviews

Allstate & Nationwide Contact Info

Allstate Contact Info
Address P.O. Box 660598, Dallas, TX 75266-0598
Phone 1-877-810-2920
Website https://www.allstate.com
Facebook https://www.facebook.com/allstate
Twitter https://twitter.com/allstate
Youtube https://www.youtube.com/allstate
Linkedin https://www.linkedin.com/company/allstate/
Nationwide Contact Info
Address P.O. Box 742522, Cincinnati, OH 45274-2522
Phone 1-877-669-6877
Website https://www.Nationwide.com
Facebook https://www.facebook.com/nationwide/
Twitter https://twitter.com/Nationwide
Youtube https://www.youtube.com/channel/nationwide
Linkedin https://www.linkedin.com/company/nationwide/

Methodology
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.

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