Allstate vs. Nationwide Insurance

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?

Allstate vs. Nationwide: Rates by Number of Vehicle

Allstate vs. Nationwide: Rates by Homeownership

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.

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. 

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.

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 & Nationwide Contact Info

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.