Geico vs. Nationwide Car Insurance: Expert Recommended (2023)
GEICO and Nationwide are leading car insurance companies with average monthly rates under $300/mo. However, your GEICO and Nationwide auto insurance quotes depend on personal factors, such as age, gender, marital status, credit score, and driving record. Comparing GEICO vs. Nationwide car insurance will not only give you affordable rates but will show you which company will be the best for you and your vehicle.
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Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...
Licensed Insurance Agent
UPDATED: Oct 2, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
UPDATED: Oct 2, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- GEICO is $20 cheaper than Nationwide car insurance
- Age, gender, marital status, credit score, and driving record can affect your car insurance rates per month
- Nationwide provides more coverage options than GEICO
You’re getting close to a car insurance policy, but you can’t decide between GEICO and Nationwide. They both offer standard insurance services when it comes to purchasing an auto policy. So this may make it difficult to choose. Don’t worry – we’re here to help you compare car insurance.
Our GEICO vs. Nationwide car insurance guide explains everything you need to know about how premiums are calculated, which company has more coverage options and discounts, and what third-party agencies say about both companies.
Before jumping into this GEICO vs. Nationwide car insurance review, enter your ZIP code into our free comparison tool to compare multiple companies in your local area and find the rates within your budget. It gives you access to a variety of coverage options.
GEICO vs. Nationwide: Which car insurance company is cheaper?
When comparing GEICO vs. Nationwide car insurance quotes, the average GEICO quote is $268 per month, but a Nationwide quote is $288 per month on average.
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However, GEICO and Nationwide insurance premiums depend on various factors, such as age, gender, marital status, credit score, and driving record.
Is GEICO insurance good? Why is Nationwide insurance so expensive? These might be among the questions you have regarding these two companies. If you want to learn more, check out our GEICO Insurance Reviews or Nationwide Reviews for more details. They’ll give you quick access to many facts that will hopefully answer your questions.
Continue reading this particular review to learn how the above-mentioned factors impact two of the best insurance companies in the United States.
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How do age, gender, and marital status affect GEICO and Nationwide car insurance?
Auto insurance companies use your age to determine your driving experience. Meanwhile, gender and marital status correlate to your overall risk. This is outlawed in some states, so you’ll want to check what the limits are where you live.
The majority of locations in the United States use all three of these factors to estimate your car insurance premium. Let’s see how GEICO vs. Nationwide auto insurance compares.
Age, Gender, and Marital Status | GEICO Average Monthly Car Insurance Rates | Nationwide Average Monthly Car Insurance Rates |
---|---|---|
Married 60-year-old female | $187 | $178 |
Married 60-year-old male | $190 | $185 |
Married 35-year-old female | $192 | $197 |
Married 35-year-old male | $193 | $199 |
Single 25-year-old female | $198 | $224 |
Single 25-year-old male | $199 | $241 |
Single 17-year-old female | $471 | $480 |
Single 17-year-old male | $523 | $598 |
When it comes to finding affordable GEICO vs. Nationwide car insurance, GEICO car insurance is cheaper than Nationwide concerning age, gender, and marital status. However, both companies have cheaper rates for teen and young adult drivers.
To slash prices for young drivers, focus on student and claims-free discounts. Offering up their grades can sometimes save them money.
Does credit score impact GEICO and Nationwide car insurance?
Did you know car insurance companies determine rates based on your credit score? Auto insurance providers assume that good and excellent credit correlates to fewer chances to file a claim.
What about customers with fair or poor credit? Let’s see GEICO and Nationwide calculate car insurance based on credit score.
Credit Score Summary | GEICO Average Monthly Car Insurance Rates | Nationwide Average Monthly Car Insurance Rates |
---|---|---|
Good Credit Score (670-739) | $203 | $244 |
Fair Credit Score (580-669) | $249 | $271 |
Poor Credit Score (300-579) | $355 | $340 |
Nationwide auto insurance is more expensive, but only by a few more dollars. If you want to be as cost-efficient as possible, GEICO may be your best choice.
Can you save money on GEICO or Nationwide car insurance with a clean driving record?
A clean driving record is the quickest road to cheap car insurance. Driving violations, sometimes listed as infractions, can drive up your rates. This is why practicing safe driving habits can not only keep you and others safe on the road, but save you money as well.
How much do rates increase? Let’s compare Nationwide vs. GEICO auto insurance-based driving records.
Driving Record Summary | GEICO Average Monthly Car Insurance Rates | Nationwide Average Monthly Car Insurance Rates |
---|---|---|
Clean Driving Record | $179 | $229 |
With 1 Speeding Violation | $220 | $259 |
With 1 Accident | $266 | $283 |
With 1 DUI | $406 | $379 |
GEICO is cheaper, but Nationwide is cheapest for drivers who have a DUI conviction on their record. Speeding violations have a small impact on your car insurance rates.
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Comparing GEICO and Nationwide Car Insurance Coverages
An affordable auto insurance policy can help you save, but you’ll have to ensure that you get the coverage you need. When a company has a wide range of options available, sometimes sifting through them can be a chore. We have a list set up so that you can peruse it at your leisure.
So which company has more coverage options? Let’s review.
GEICO Car Insurance Coverages | Nationwide Car Insurance Coverages |
---|---|
Bodily Injury Liability | Bodily Injury Liability |
Property Damage Liability | Property Damage Liability |
Medical Payments coverage | Medical Payments coverage |
Uninsured & Underinsured Motorist coverage | Collision coverage |
Collision | Comprehensive coverage |
Comprehensive | Uninsured & Underinsured Motorist Coverage |
Emergency Roadside Assistance | Personal Injury Protection |
Mechanical Breakdown Insurance | GAP Coverage |
Rental Car Reimbursement | Rental auto Expense |
Roadside Assistance | |
Accident Forgiveness | |
Vanishing Deductible | |
Total Loss Deductible Waiver | |
Towing and Labor Coverage |
Nationwide may be more expensive, but it has more coverage opportunities than GEICO. Bodily injury liability and property damage liability are part of the minimum requirements, but the other coverages are optional.
How can car insurance discounts lower GEICO and Nationwide rates?
If your personal factors generate higher than average car insurance premiums, you can still save money through GEICO and Nationwide discounts.
Let’s go through the list below to see which company has more deals. Use the search box to find what’s available.
Car Insurance Discounts | GEICO Availability | Nationwide Availability |
---|---|---|
Adaptive Cruise Control | ✘ | ✔ |
Adaptive Headlights | ✘ | ✔ |
Anti-lock Brakes | ✔ | ✔ |
Anti-Theft | ✔ | ✔ |
Daytime Running Lights | ✔ | ✔ |
Electronic Stability Control | ✘ | ✔ |
Utility Vehicle | ✔ | ✘ |
Vehicle Recovery | ✔ | ✔ |
VIN Etching | ✘ | ✔ |
Lane Departure Warning | ✘ | ✔ |
Newer Vehicle | ✔ | ✔ |
Green Vehicle | ✘ | ✘ |
Forward Collision Warning | ✘ | ✔ |
Claim Free | ✔ | ✔ |
Continuous Coverage | ✔ | ✘ |
Defensive Driver | ✔ | ✔ |
Distant Student | ✔ | ✔ |
Driver's Ed | ✔ | ✘ |
Driving Device/App | ✔ | ✔ |
Early Signing | ✔ | ✔ |
Emergency Deployment | ✔ | ✘ |
Engaged Couple | ✘ | ✘ |
Family Legacy | ✔ | ✘ |
Family Plan | ✘ | ✔ |
Farm Vehicle | ✔ | ✘ |
Fast 5 | ✘ | ✘ |
Federal Employee | ✔ | ✘ |
Full Payment | ✔ | ✘ |
Further Education | ✔ | ✔ |
Garaging/Storing | ✘ | ✘ |
Good Credit | ✘ | ✔ |
Good Student | ✔ | ✔ |
Homeowner | ✔ | ✔ |
Life Insurance | ✘ | ✔ |
Low Mileage | ✔ | ✔ |
Loyalty | ✔ | ✔ |
Married | ✘ | ✔ |
Membership/Group | ✔ | ✔ |
Military | ✔ | ✘ |
Military Garaging | ✘ | ✘ |
Multiple Drivers | ✘ | ✘ |
Multiple Policies | ✔ | ✔ |
Multiple Vehicles | ✔ | ✔ |
New Address | ✘ | ✘ |
New Customer/New Plan | ✘ | ✘ |
New Graduate | ✘ | ✘ |
Newly Licensed | ✘ | ✘ |
Newlyweds | ✘ | ✘ |
Non-Smoker/Non-Drinker | ✘ | ✘ |
Occasional Operator | ✘ | ✘ |
Occupation | ✔ | ✔ |
On-Time Payments | ✘ | ✘ |
Online Shopper | ✘ | ✘ |
Paperless Documents | ✘ | ✔ |
Paperless/Auto Billing | ✘ | ✔ |
Passive Restraint | ✔ | ✔ |
Recent Retirees | ✘ | ✘ |
Renter | ✘ | ✘ |
Roadside Assistance | ✘ | ✘ |
Safe Driver | ✔ | ✔ |
Seat Belt Use | ✔ | ✘ |
Senior Driver | ✘ | ✘ |
Stable Residence | ✘ | ✔ |
Students & Alumni | ✔ | ✔ |
Switching Provider | ✘ | ✘ |
Volunteer | ✘ | ✘ |
Young Driver | ✘ | ✘ |
Nationwide has more discounts despite being the more expensive company. With enough discounts, Nationwide can compete with GEICO car insurance premiums.
You can take it a step further and bundle your car insurance with other insurance products. Both companies provide various insurance products, but Nationwide has a pet insurance policy you can add.
Read More: Best Pet Insurance Quotes
Geico vs. Nationwide Car Insurance: Streamlined Claims Process Comparison for Informed Choices
Ease of Filing a Claim
When it comes to the claims process, both GEICO and Nationwide offer convenient options for filing a claim. Policyholders can file a claim through online portals, over the phone, or through mobile apps. These multiple channels provide flexibility and ease in reporting claims, catering to different preferences and situations.
Average Claim Processing Time
The average claim processing time is a critical factor in evaluating an insurance company’s efficiency in handling claims. Both GEICO and Nationwide strive to process claims in a timely manner. The exact processing time can vary based on the complexity of the claim, but both companies are committed to minimizing the time it takes to settle claims and provide compensation to their policyholders.
Customer Feedback on Claim Resolutions and Payouts
Customer feedback is invaluable in understanding the claim resolution process and payout satisfaction. Reviews and testimonials from policyholders who have gone through the claims process with GEICO and Nationwide can shed light on the effectiveness and fairness of their claim resolutions.
Assessing customer feedback provides insights into how well each company meets their customers’ expectations in terms of claim outcomes and settlements.
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Geico vs. Nationwide Car Insurance: Unveiling Cutting-Edge Digital and Technological Features for Informed Choices
Mobile App Features and Functionality
Both GEICO and Nationwide offer mobile apps that enhance the overall customer experience. These apps provide policyholders with the ability to manage their insurance policies, access important documents, pay premiums, and even file claims directly from their mobile devices.
The functionality and features of these mobile apps play a crucial role in ensuring policyholders have easy access to their insurance information and services on the go.
Online Account Management Capabilities
Online account management is a key feature for policyholders, allowing them to access and manage their insurance policies from their computers or tablets. GEICO and Nationwide provide comprehensive online account management capabilities, enabling policyholders to view policy details, make changes to their coverage, pay premiums, and access relevant documents.
This online accessibility enhances convenience and transparency for policyholders.
Digital Tools and Resources
In the digital age, insurance companies like GEICO and Nationwide offer various digital tools and resources to assist policyholders in understanding their policies, making informed decisions, and managing their insurance needs. These tools can include rate calculators, educational materials, blogs, and FAQs.
Providing such resources demonstrates a commitment to customer education and empowerment, helping policyholders navigate the complexities of insurance with ease.
Financial Strength and Customer Satisfaction Ratings: GEICO vs. Nationwide Car Insurance
Before you buy an auto insurance policy, always examine the company’s ratings where you’re getting a quote. Ratings can reassure your decision to purchase or decline a quote.
Let’s compare GEICO vs. Nationwide financial strength and consumer complaint data.
Agencies | GEICO Ratings | Nationwide Ratings |
---|---|---|
AM Best | A++ (Superior) | A+ (Excellent) |
Moody's | Aa3 (Excellent) | A1 (Good) |
S&P | AA+ (Very Good) | A+ (Good) |
NAIC Complaint Index | 1.14 | 1.45 |
J.D. Power - Power Circle Ratings | About Average | About Average |
Consumer Reports | 89 | 88 |
Apple App Store (iOS) | 5 stars | 2 stars |
Google Play Store (Android) | 5 stars | 3 stars |
Overall, GEICO’s ratings are much better than Nationwide’s. However, both companies have these same ratings under J.D. Power’s Auto Insurance Shopping Study and Claims Satisfaction Study.
When it comes to mobile apps, GEICO has overtaken Nationwide with perfect 5-star ratings. But both companies have a consumer complaint ratio that’s higher than average.
Read More: What do you Need to File a Claim With Geico?
GEICO vs. Nationwide Car Insurance: What’s the bottom line?
After viewing the rate comparison between GEICO and Nationwide, we can see that GEICO is the less expensive company. But, Nationwide provides more car insurance coverage options and more discounts.
Should you buy GEICO vs. Nationwide car insurance? You can see several pros and cons at both companies, but it all depends on what’s best for you.
If a GEICO vs. Nationwide car insurance rates comparison isn’t right for you, feel free to compare them to other companies. You shouldn’t settle for your second or third choice when it comes to auto insurance coverage just because their a large name.
Now that you’ve finished this GEICO vs. Nationwide car insurance review, use our free online quote tool below to compare the best companies near you.
Frequently Asked Questions
What is the difference between Geico and Nationwide car insurance?
Geico and Nationwide are both well-known car insurance providers, but they have differences in terms of coverage options, discounts, pricing, and customer service.
What coverage options are available with Geico and Nationwide?
Both Geico and Nationwide offer a range of coverage options, including liability coverage, collision coverage, comprehensive coverage, uninsured/underinsured motorist coverage, and more. The specific options may vary, so it’s important to review each company’s policy details.
Can I bundle other insurance policies with Geico or Nationwide?
Yes, both Geico and Nationwide offer the option to bundle multiple insurance policies. This means you can combine your car insurance with other types of insurance, such as home insurance or renters insurance, to potentially receive a discount on your premiums.
Are there any additional benefits or features offered by Geico or Nationwide?
Both Geico and Nationwide may offer additional benefits or features to their policyholders. These can include roadside assistance, accident forgiveness, vanishing deductibles, and other add-ons.
Can I easily file and manage claims with Geico and Nationwide?
Both Geico and Nationwide provide online tools and mobile apps that allow policyholders to file and manage claims easily. These tools often include options to upload documentation, track the progress of your claim, and communicate with claims representatives.
Can I get a personalized quote from Geico and Nationwide?
Yes, both Geico and Nationwide provide online platforms where you can get personalized quotes by providing some basic information about yourself and your vehicle. This allows you to compare the rates and coverage options offered by each company.
Are you looking for free insurance quotes?
Your one-stop online insurance guide. Get free quotes now!
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Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.