Nationwide vs. Progressive Car Insurance: Expert Recommended (2024)

Analyzing the comprehensive data table showcased below illuminates a nuanced understanding of insurance rates, considering pivotal factors such as credit score, mileage, coverage level, and driving record. This data-rich comparison succinctly delineates the advantageous offerings from both Nationwide and Progressive, highlighting how varying customer profiles impact insurance rates. From impeccable credit and low mileage to comprehensive coverage and pristine driving records, discerning readers will discover that Nationwide emerges as the more favorable choice for competitive rates across diverse customer profiles. This insightful breakdown paints a clear picture of how these variables intricately influence insurance premiums, steering individuals toward the most cost-effective insurance solution tailored to their specific circumstances.

Nationwide

Pros:

• Competitive Pricing: Nationwide offers generally competitive pricing, and in the majority of states, its rates are lower than the state averages.
• Wide Coverage: Nationwide operates in 43 out of 48 states, providing extensive coverage.
• Positive Ratings: Nationwide holds an A+ rating from both A.M. Best and the Better Business Bureau, indicating financial strength and customer satisfaction.

Cons:

• Limited Discounts: The content doesn’t provide detailed information on Nationwide’s discounts, potentially indicating a limitation in available discounts.
• Mixed Ratings: Despite positive financial ratings, Nationwide ranked last in the J.D. Power 2021 U.S. Insurance Shopping Study, reflecting potential customer dissatisfaction during the shopping process.

Progressive

Pros:

• Diverse Discounts: Progressive offers a variety of discounts, including those for safety features and usage-based programs like Snapshot.
• Rideshare Insurance: Progressive provides rideshare insurance, catering to drivers working with services like Lyft and Uber.
• Digital Tools: Both Nationwide and Progressive offer robust online account management and digital tools, enhancing customer experience.

Cons:

• Pricing Variability: Progressive is cheaper in only 10 out of 41 states compared to Nationwide, and in some states, the rates are significantly higher.
• Mixed Customer Reviews: While Progressive has a wide selection of policies, customer reviews are mixed, with some expressing dissatisfaction.

What can Nationwide do for you?

When comparing insurers, the best place to start is with the offered prices. Let’s take a look at a table that shows Nationwide’s premiums in the states in which they operate.

Nationwide Average Monthly Car Insurance Rates per State

As you can see, out of the 48 states shown, Nationwide operates in 43. As you can also see, out of those 43 states (counting DC as a state), Nationwide’s rates are cheaper than 33 of the states’ averages. That figure is fairly substantial.

Let’s now move on to see how Nationwide is rated.

Nationwide Ratings

Along with pricing, another great way to find out if a company is for you is to analyze how they are rated by companies such as A.M. Best and the Better Business Bureau.

Nationwide Insurance Ratings

The fact that A.M. Best and the Better Business Bureau both gave financial strength ratings to Nationwide a sterling A+ rating should be quite encouraging. These ratings indicate not only very few unsettled complaints but also great potential for the company’s future. It is worth noting that Progressive has the same A.M. Best rating of A+.

Now that we’ve gone through Nationwide and seen some encouraging things, let’s move on to Progressive.

What can Progressive do for you?

Now that we’ve seen Nationwide’s rates in comparison to state averages, let’s compare them with Progressive’s rates.

Average Monthly Car Insurance Rates Comparison for Top 10 Companies by State

Read more: Farmers vs. Progressive Car Insurance: Expert Recommended 

As you can see, both Progressive and Nationwide operate in 41 states. Of those 41 states, Progressive is cheaper in only 10. In some states, such as Vermont, Progressive is over twice as much. With that being said, check your state. Perhaps you live in a state where Progressive is cheaper.

Now that we’ve seen that Nationwide offers more competitive pricing, let’s see how Progressive measures up in terms of offered discounts. First, though, if you’d like to learn more about Progressive be sure to read our Progressive Insurance review.

Progressive Discounts

No matter which insurer you choose, we cannot stress enough how important it is to inquire about get as many discounts as you can. It’s worth noting that big companies like Progressive and, yes, Nationwide, offer a massive amount of discounts.

What’s even better is the fact that a lot of these discounts are as simple as using your Nationwide insurance login or Progressive insurance login on their respective apps.

You’re not limited to one discount, so when you’re speaking to your agent inform them of your life’s details and attach applicable discounts to your policy.

With that being said, let’s take a look at a table that shows discounts offered by Allstate and Progressive. Take particular note of Progressive’s discount in the last column.

Allstate Vs. Progressive Discounts Offered

As you can see from the table, Progressive offers quite a few discounts. Some are for safety features on your vehicle such as adaptive headlights. What’s great is a lot of these safety features are fairly commonplace these days.

Another discount that has proven to be quite popular is Progressive Snapshot. This app analyzes your driving behaviors and crafts specialized premiums based on said behaviors. It’s as simple as using your Progressive login for the app or using the plug-in device you would be provided.

To find which car insurance company is best for you, type your ZIP code into our free tool below to find car insurance rates in your area. You may even be able to find Nationwide retirement insurance should that be of interest.