Which insurance carrier is right for you? Compare discounts, rates and quotes from Allstate and Nationwide.
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.
Below is a list of the average rates that drivers typically pay with Allstate and Nationwide. On average, Allstate charges approximately $211.63 per month while Nationwide comes in at around $126.44 per month. For Allstate, the cheapest state average is North Carolina at $116.87 per month and the most expensive is Michigan at $603.57 per month. For Nationwide, the cheapest state average is Florida at $0.00 per month and the most expensive is Rhode Island at $251.83 per month.
|District of Columbia||$312.48||$251.71|
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|
Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Allstate charges $230.22 per month and Nationwide charges $58.29 per month for customers who own their home.
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.
|JD Power Ranking||About Average||About Average|
|NAIC Complaint Index||1.03||0.38|
Nationwide and Allstate offer a suite of insurance products listed below. Both companies offer car, life and motorcycle coverage.
|Long-Term Savings Plans||✔||✔|
|Roadside Assistance Coverage||✔||✔|
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 eSmart Discount||Accident-free Discount|
|Anti-lock Brake Discount||Advance Quote Discount|
|Anti-Theft Device Discount||Affinity Car Insurance Discounts|
|Deductible Rewards||Anti-theft Discount|
|Early Signing Discount||Defensive Driving Discount|
|EZ Pay Plan Discount||Easy Pay Discount|
|FullPay Discount||Farm Bureau Discount|
|Multiple Policy Discount||Good Student Discount|
|New Car Discount||Long-term Policyholder Discount|
|Responsible Payer Discount||Multi-policy Discount|
|Safe Driving Bonus||Nationwide Family Plan|
|Smart Student Discount||New Vehicle|
|Passive Occupant Restraint Discount|
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 Contact Info|
|Address||P.O. Box 660598, Dallas, TX 75266-0598|
|Nationwide Contact Info|
|Address||P.O. Box 742522, Cincinnati, OH 45274-2522|
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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