Nationwide vs. Liberty Mutual Insurance

Which insurance provider is right for you? Compare products, pros & cons, and quotes from Nationwide and Liberty Mutual.

Compare Car Insurance Rates in Your Area

Nationwide vs. Liberty Mutual: What You Need to Know

Murray D. Lincoln formed the company 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 begins 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 acquires a 100-year-old company and America’s leading farm insurer and goes public in 1997. In the year 2000, the Nationwide Arena opens and becomes home to a National Hockey League franchise, the Columbus Blue Jackets. In 2007, the Nationwide Bank opens. 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.

Liberty Mutual Group is a global insurer and the fourth-largest property and casualty insurer in the U.S, ranking 68th on Fortune 100 list of the largest corporations in the U.S. The company has assets of more than $100 billion. Today the group employs over 50,000 people in over 900 locations around the globe, including 45 U.S. states. Liberty Mutual formed on July 1, 1912, as Massachusetts Employees Insurance Association (MEIA) and emerged after state law began to require that employers carry protection for their employees. MEIA provided workers’ compensation insurance to companies, and the first auto policy was sold in 1918. In 1920, the company used a then-new medium of film to teach people about workplace safety. The first Liberty Mutual home office opened its doors in Boston in 1937. In 1946, they created an emergency stop switch for escalators. In 1957 Liberty Mutual and Cornell University partnered to create a “safety car” by crash testing with dummies, something that had never been done before. In 1964, Liberty Mutual began selling life insurance though the Liberty Life Assurance Branch. The first battery-powered prosthetic elbow was created by the company in 1967. As Liberty Mutual grew, it expanded beyond North America by opening its first operation in the UK. In the 1990s, they continued to grow through the acquisition of large commercial and risk carriers. In 2008, Safeco became a part of Liberty Mutual. In 2016 reaffirmed its commitment to innovation by creating Solar Labs.

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

Nationwide vs. Liberty Mutual: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with Nationwide and Liberty Mutual. On average, Nationwide charges approximately $213.12 per month while Liberty Mutual comes in at around $313.25 per month. For Nationwide, the cheapest state average is North Carolina at $95.86 per month and the most expensive is New York at $338.81 per month. For Liberty Mutual, the cheapest state average is North Carolina at $90.18 per month and the most expensive is Delaware at $864.88 per month.

Nationwide

Average Rate

$213.12
Liberty Mutual

Average Rate

$313.25
National

Average Rate

$119.45
State Nationwide Liberty Mutual
Alabama $141.67 -
Arizona $214.50 -
Arkansas $134.18 $360.40
California $260.81 -
Colorado $179.92 -
Connecticut $186.61 $401.80
Delaware $181.17 $864.88
District of Columbia $236.59 -
Georgia $182.05 -
Idaho $129.66 -
Illinois $152.46 -
Indiana $131.11 -
Iowa $110.51 $286.56
Kansas $139.27 -
Kentucky $249.99 -
Maryland $211.18 $368.58
Massachusetts- $246.79
Michigan $335.17 -
Minnesota $191.66 -
Mississippi $145.35 $481.31
Missouri $176.60 -
Nebraska $129.45 $296.41
Nevada $335.39 $276.14
New Hampshire $131.82 $226.70
New York $338.81 $420.74
North Carolina $95.86 $90.18
Ohio $121.67 $235.48
Oregon $134.52 -
Pennsylvania $133.51 $326.84
Rhode Island $227.19 $373.83
South Carolina $142.41 -
Tennessee $156.90 $243.32
Texas $239.64 -
Utah $140.29 -
Vermont $105.19 -
Virginia $154.14 -
Washington $138.38 $194.31
West Virginia $199.87 -
Wisconsin $111.11 $268.70

Nationwide vs. Liberty Mutual: 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 Nationwide and Liberty Mutual typically charge for drivers who have more than 1 vehicle.

Number of Vehicles Nationwide Liberty Mutual
1 Vehicle $198.72 $298.49
2 Vehicles $261.59 $370.42
4 Vehicles $375.66 $
3 Vehicles $418.63 $

Nationwide vs. Liberty Mutual: Rates by Homeownership

Home

Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Nationwide charges $194.92 per month and Liberty Mutual charges $281.77 per month for customers who own their home.

Own/Rent Nationwide Liberty Mutual
Own $194.92 $281.77
Rent $221.79 $326.96

What is Nationwide and Liberty Mutual Insurance Rating?

Which car insurance company is better? We've made it easy to compare companies side by side. See how Nationwide and Liberty Mutual ranked among the industry ratings.

ComparisonNationwideLiberty Mutual
Year Founded19251912
Market Share2.7%5%
A.M. Best RatingA+A
BBB RatingA+A-
Financial StrengthExcellentExcellent
JD Power RankingAbout AverageAbout Average
Moody’s RatingA1A2
NAIC Complaint Index0.38
NAIC Complaint Ratio4.55
S&P RatingA+A

Nationwide or Liberty Mutual: Insurance Products Offered

What coverage is available through Nationwide and Liberty Mutual? Both insurance companies offer Auto, Commercial, Health, Home, Pet, and RV insurance. Additional products from Nationwide insurance also includes Farm, Life, and Motorcycle insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit Nationwide and Liberty Mutual Insurance page.

InsuranceNationwideLiberty Mutual
Auto Insurance
Commercial Insurance
Condo Insurance
Farm Insurance
Health Insurance
Home Insurance
Life Insurance
Motorcycle Insurance
Pet Insurance
Renters Insurance
RV Insurance
Umbrella Insurance

Nationwide or Liberty Mutual: Ways To Save

Nationwide offers a wide range of discounts to its policyholders, including Advance Quote, Affinity Car Insurances, and Anti-theft discounts. In contrast, Liberty Mutual also offers a few discounts that Nationwide doesn’t, including Violation Free, Student-Away-at-School, and Righttrack telematics device discount discounts. Start taking advantage of discounts offered by insurance providers like Liberty Mutual and Nationwide insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

NationwideLiberty Mutual
Accident-free DiscountAccident Free Discount
Advance Quote DiscountAdvanced Safety Features Discount
Affinity Car Insurance DiscountsAlternative Energy Discount
Anti-theft DiscountAnti-Theft Device Discount
Defensive Driving DiscountBundle Discounts
Easy Pay DiscountEarly Shopper Discount
Farm Bureau DiscountGood Student Discount
Good Student DiscountHomeowner Discount
Long-term Policyholder DiscountMilitary Discount
Multi-policy DiscountMulti-Car Discount
Nationwide Family PlanMulti-Policy Discount
New VehicleOnline Purchase Discounts
Paperless DocumentsPaperless Policy Discount
Passive Occupant Restraint DiscountPay-in-Full Discount
SmartRide DiscountPreferred Payment Discount
Righttrack telematics device discount
Student-Away-at-School Discount
Violation Free Discount

Pros & Cons of Nationwide & Liberty Mutual

Pros

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.
Liberty Mutual
  • Telematics devices that track driving behaviors can save safe drivers up to 30%.
  • Liberty Mutual Deductible Fund, which reduces and eliminates your deductible.
  • Accident forgiveness for your first accident.
  • Lifetime auto repair guarantee at one of 2,000 guaranteed repair network facilities.
  • Original parts replacement ensures that you will only be sold parts made by the manufacturer, not a third party.

Cons

Nationwide
  • High rates for people with an imperfect driving history.
  • Credit check in most states.
Liberty Mutual
  • Accident forgiveness is not available in CA and NC.
  • New car replacement is not available in NC and WY.
  • No good student discount.
  • No military discount.
  • No rideshare insurance.

Nationwide or Liberty Mutual Mobile Apps Options

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.

The Liberty Mutual app is available for iOS and Android. This insurance concierge is where you can report accidents or update personal information 24/7.

Nationwide Mobile App
iOS     3.63K user reviews
Android     4.31.4K user reviews
Liberty Mutual Mobile App
iTunes     4.826.6K user reviews
Google Play     4.23.8K user reviews

Nationwide & Liberty Mutual Contact Info

Nationwide Contact Info
AddressP.O. Box 742522, Cincinnati, OH 45274-2522
Phone1-877-669-6877
Websitehttps://www.Nationwide.com
Facebookhttps://www.facebook.com/nationwide/
Twitterhttps://twitter.com/Nationwide
Youtubehttps://www.youtube.com/channel/nationwide
Linkedinhttps://www.linkedin.com/company/nationwide/
Liberty Mutual Contact Info
Address175 Berkeley Street, Boston, Massachusetts
Phone1 (888) 398-8924
Websitewww.libertymutual.com
Facebookwww.facebook.com/libertymutual
Twitterwww.twitter.com/libertymutual
Youtubewww.youtube.com/libertymutual
Linkedinwww.linkedin.com/company/liberty-mutual-insurance

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.

Compare Insurance Rates for Free.

Enter your zip code, answer a few questions, and compare rates in less than 3 minutes.