Farmers vs. Nationwide Auto Insurance (2022)
Choosing between Farmers vs. Nationwide auto insurance is difficult, so compare Farmers vs. Nationwide cars insurance rates by age, driving record, and credit score to find the best policy for you. Overall, Nationwide offers cheaper rates and stronger financial ratings, but Farmers Insurance boasts more positive customer reviews.
Compare Quotes from Top Companies and Save
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
UPDATED: Nov 20, 2022
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different 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 auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
- Nationwide has cheaper average auto insurance rates than Farmers
- Nationwide has a better financial rating than Farmers, but both have an A+ rating from the Better Business Bureau (BBB)
- Farmers rated about average in customer satisfaction, and Nationwide rated at or below average in each region
Both Farmers and Nationwide are on the list of the top 10 best auto insurance companies, but which company is the best option based for you?
We’ll compare Farmers vs. Nationwide auto insurance based on age, driving record, and credit history to see which one better suits your needs.
We also compare available discounts and ratings from agencies with a credible and trustworthy view of Farmers vs. Nationwide auto insurance companies.
Looking for affordable Farmers vs. Nationwide auto insurance quotes? Enter your ZIP code to start comparing quotes from multiple companies in your area.
Is Farmers auto insurance or Nationwide auto insurance cheaper?
You might be surprised to learn how that there are many factors that affect your auto insurance rates. These include your age, gender, ZIP code, driving history, and credit score.
These factors will determine how affordable Farmers vs. Nationwide auto insurance is for you. Since everyone is different, rates will vary.
First, we’ll look at Farmers vs. Nationwide auto insurance rates by demographics. We all know that auto insurance for teens and young drivers will come with higher insurance rates, so let’s take a look at how much age influences your auto insurance rates.
|Age, Gender, and Marital Status||Farmers Average Annual Rates||Nationwide Average Annual Rates|
|Single 17-year-old female||$8,666.24||$5,431.46|
|Single 17-year-old male||$9,202.06||$6,815.00|
|Single 25-year-old female||$2,672.81||$2,431.91|
|Single 25-year old male||$2,791.21||$2,739.66|
|Married 35-year-old female||$2,316.82||$2,202.69|
|Married 35-year-old male||$2,306.44||$2,214.18|
|Married 60-year-old female||$2,117.42||$1,987.35|
|Married 60-year-old male||$2,179.61||$2,005.06|
Nationwide car insurance is cheaper than Farmers no matter your age, gender, or marital status.
Another important factor that auto insurance companies consider when calculating your rates is your driving record. When you need auto insurance after an accident, auto insurance after a speeding ticket, or auto insurance with a DUI on your record, you’ll pay more for your insurance than if you have a clean driving record.
|Driving Record||Farmers Average Annual Rates||Nationwide Average Annual Rates|
|With 1 accident||$4,518.73||$3,396.95|
|With 1 DUI||$4,718.75||$4,543.20|
|With 1 speeding violation||$4,079.01||$3,113.68|
Farmers is more expensive than Nationwide whether you have a clean record, an accident, a speeding ticket, or a DUI.
You may also be surprised to learn that your credit score has an impact on your auto insurance rates. Insurance companies use credit scores because they believe that if you have a higher credit score, you are less likely to file a claim and more likely to pay for damages out of pocket.
|Credit History||Farmers Average Annual Rates||Nationwide Average Annual Rates|
Yet again, Nationwide is cheaper across the board.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Does Farmers or Nationwide have better auto insurance discounts?
If you add car insurance discounts to your policy, you can save a lot of money. Most companies provide discounts based on the number of cars you own, your occupation, and how safely you drive.
This table lists the Farmers auto insurance discounts and Nationwide auto insurance discounts that are available. If the discount amount is known, it is factored in. Take a look and see which company offers you the best deals.
|Car Insurance Discounts||Farmers (%)||Nationwide (%)|
|Adaptive Cruise Control||N/A||x|
|Daytime Running Lights||x||5|
|Electronic Stability Control||x||x|
|Forward Collision Warning||N/A||x|
|Lane Departure Warning||N/A||x|
|Students & Alumni||N/A||7|
Both companies offer a lot of discounts and some are only offered at one company. For example, Farmers offers a continuous coverage discount and Nationwide doesn’t, whereas Nationwide offers a loyalty discount that Farmers doesn’t.
As you compare Farmers vs. Nationwide auto insurance quotes, be sure to ask for any discounts you are eligible for.
How do Farmers and Nationwide compare in financial strength and customer satisfaction?
A.M. Best ranks companies based on how financially stable they are. Farmers received an A rating, meaning it has an excellent ability to meet its obligations. Nationwide scored an A+, showing it has a superior ability to meet financial obligations.
Both companies also received an A+ rating from the Better Business Bureau, and both are accredited.
J.D. Power ranked Farmers and Nationwide on customer satisfaction, including prices, billing, claims, and what is offered. Farmers scored about average in most regions of the U.S., and Nationwide either scored average or below average in each region. The complaint volume for Nationwide insurance claims is very low.
Each company has an easy-to-use website and mobile app where customers can access their accounts, make payments, and even file Farmers insurance claims or Nationwide claims easily. Usually, your Farmers insurance login or Nationwide login would likely be the same in the company’s general app and driving app.
Farmers and Nationwide roadside assistance are also available. You can even get Nationwide farm insurance.
Before you choose between Farmers vs. Nationwide auto insurance, enter your ZIP code to start comparing multiple auto insurance companies in your area.