Nationwide vs. Progressive: Best Auto Insurance for 2021
Nationwide and Progressive are excellent auto insurance companies with identical A+ ratings with A.M. Best. Nationwide vs. Progressive auto insurance rates vary based on factors like age, gender, and driving record. Compare Nationwide vs. Progressive auto insurance to see which company is best for you.
- On average, Nationwide insurance is cheaper than Progressive insurance
- Progressive auto insurance rates are cheaper for married drivers
- Progressive insurance ratings are better overall
Nationwide and Progressive are in the top ten auto insurance companies in the United States. You’re one step closer to buying an auto insurance policy, but you’re not sure how to compare Nationwide vs. Progressive auto insurance.
Don’t worry – we’re here to help. Read through this guide to learn everything about Nationwide vs. Progressive auto insurance rates, coverage options, discounts, third-party ratings, and more.
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Nationwide vs. Progressive Auto Insurance: Which company is cheapest?
Nationwide car insurance is cheaper than Progressive car insurance. On average, Nationwide auto insurance rates are $242 per month, but Progressive insurance is $317 per month.
However, your monthly rates vary. Several personal factors determine auto insurance, including age, gender, marital status, driving record, and even credit score.
Continue reading the subsections below to see how each factor affects Nationwide insurance and Progressive insurance.
Nationwide vs. Progressive: Which company is cheapest by age, gender, and marital status?
The cheapest company depends on the factors. Rather than separate age, gender, and marital status, we grouped them to find a focused estimate that you’ll pay per month.
Let’s look at the Nationwide and Progressive monthly cost by age, gender, and marital status.
|Age, Gender, and Marital Status||Nationwide Average Monthly Auto Insurance Rates||Progressive Average Monthly Auto Insurance Rates|
|Married 60-year-old female||$178||$166|
|Married 60-year-old male||$185||$171|
|Married 35-year-old female||$197||$191|
|Married 35-year-old male||$199||$181|
|Single 25-year-old female||$224||$225|
|Single 25-year-old male||$241||$230|
|Single 17-year-old female||$480||$724|
|Single 17-year-old male||$598||$802|
Although Nationwide auto insurance has a more affordable national average, Progressive is cheaper for married drivers and single, 25-year-old drivers.
However, parents can find cheaper rates for teen drivers at Nationwide. This factor varies by state because some states have outlawed gender-based car insurance.
Nationwide vs. Progressive: Which company is cheapest by driving record?
Nationwide car insurance cost is cheaper by driving record, but certain infractions could make it more expensive than Progressive car insurance cost.
Let’s compare auto insurance from both companies to see which is cheaper by driving record.
|Driving Record Summary||Nationwide Average Monthly Auto Insurance Rates||Progressive Average Monthly Auto Insurance Rates|
|Clean Driving Record||$229||$283|
|With 1 Speeding Violation||$259||$334|
|With 1 Accident||$283||$398|
|With 1 DUI||$379||$331|
Nationwide insurance is cheaper overall, but Progressive insurance is more affordable for DUI-convicted drivers.
The best way to secure cheap car insurance is to maintain a clean driving record. A speeding ticket has minimal effect, but multiple violations can increase your rates by hundreds of dollars.
Nationwide vs. Progressive: Which company is cheapest by credit score?
Nationwide and Progressive issues less expensive car insurance rates when your credit history is good. But why?
According to Experian, auto insurance companies provide lower prices for customers with good or exceptional credit scores because they’re less likely to file a claim.
What about other credit levels? Let’s compare Nationwide and Progressive auto insurance based on credit score.
|Credit Score Summary||Nationwide Average Monthly Auto Insurance Rates||Progressive Average Monthly Auto Insurance Rates|
|Good Credit (670-739)||$244||$302|
|Fair Credit Score (580-669)||$271||$330|
|Poor Credit Score (300-579)||$340||$395|
Good credit produces the most affordable rates per month. Fair and poor credit, however, generates higher rates. Although both companies have monthly premiums under $400, Nationwide is still the cheaper company.
Nationwide vs. Progressive: Auto Insurance Coverage Options
You’ve seen how much it cost. But what do Nationwide and Progressive provide under auto insurance?
We went through both companies’ websites and found multiple coverage options for customers.
|Nationwide Auto Insurance Coverages||Progressive Auto Insurance Coverages|
|Bodily Injury Liability||Bodily Injury Liability|
|Property Damage Liability||Property Damage Liability|
|Medical Payments coverage||Comprehensive|
|Comprehensive coverage||Underinsured & Uninsured Motorist|
|Personal Injury Protection||Medical Payments|
|GAP Coverage||Loan/Lease Payoff|
|Rental auto Expense||Rental auto Reimbursement|
|Roadside Assistance||Custom Parts and Equipment Value|
|Accident Forgiveness||Rideshare Coverage|
|Vanishing Deductible||Roadside Assistance|
|Total Loss Deductible Waiver||Deductible Savings Bank|
|Towing and Labor Coverage|
|Uninsured & Underinsured Motorist Coverage|
Nationwide has more coverage options, but it doesn’t make Progressive a bad company. Companies often make it up for lack of coverage with other insurance products.
At the moment, Progressive carries more insurance products than Nationwide. This means Nationwide has fewer opportunities to bundle with other insurance policies.
However, both companies have pet insurance. If pet insurance is important to you, compare Nationwide vs. Progressive pet insurance to see which company has better coverage.
Nationwide vs. Progressive: Available Auto Insurance Discounts
As you pursue a policy with Nationwide or Progressive, you must become familiar with potential savings. Another key to car insurance savings is discounts.
But which company has more discounts? Let’s match up Nationwide and Progressive saving opportunities below.
|Auto Insurance Discount Name||Nationwide Discount Values||Progressive Discount Values|
|Affinity group discount||Varies||N/A|
|Anti-Theft Device Discount||5%||5%|
|Continuous Coverage Discount||N/A||Varies|
|Defensive Driver Discount||10%||Varies|
|Driving Habits Discount||Varies||N/A|
|Farm Bureau Discount||10%||N/A|
|Good Credit Discount||N/A||84%|
|Good Driver Discount||10%||26%|
|Good Student Discount||15%||10%|
|Home Owner Discount||N/A||Varies|
|Low Mileage Discount||N/A||Varies|
|Multiple Policy Discount||25%||10%|
|Multiple Vehicle Discount||20%||30%|
|No lapse in coverage discount||N/A||Varies|
|Paid in full discount||N/A||Varies|
|Paperless documents discount||Varies||Varies|
|Passive Restraint Discount||N/A||10%|
|Preferred payment discount||Varies||Varies|
|Provider Switch Discount||N/A||Varies|
|Signing documents when you buy online discount||N/A||Varies|
|Starting your auto quote online discount||N/A||Varies|
|Student Away at School Discount||N/A||10%|
|Youth Driving Discount||N/A||Varies|
Progressive has more discount opportunities, but the discount values depend on your personal factors.
Any anti-theft or safety features on your vehicle can save you money. If you’re insuring your teen or young adult child, you can save money through a student discount.
Nationwide vs. Progressive: Which company has better third-party ratings?
Before you make a decision, you should know about Nationwide and Progressive’s ratings. But why are ratings important?
Third-party ratings can add some reassurance for your next purchase. Therefore, we’ll provide insight into how Nationwide and Progressive are rated at the top financial strength and credit rating agencies.
|Agencies||Nationwide Ratings||Progressive Ratings|
|Better Business Bureau (BBB)||A||A|
|NAIC Complaint Index||1.45||1.33|
|J.D. Power - Power Circle Ratings||About Average||About Average|
|Apple App Store (iOS)||2 stars||3 stars|
|Google Play Store (Android)||3 stars||4 stars|
Although Nationwide and Progressive have the A.M. Best rating, Progressive has better ratings overall. Progressive’s mobile app ratings are much better than Nationwide’s.
Under J.D. Power’s 2020 Auto Insurance Claims Study, both companies are about average. However, Nationwide has a higher ranking.
Nationwide vs. Progressive Auto Insurance: What’s best and what’s worse?
Let’s review highlights from both companies in a pros and cons chart.
|Nationwide Pros||Nationwide Cons||Progressive Pros||Progressive Cons|
|Choice of an agent or buying coverage directly.||Customer satisfaction ratings are average to below-average||Provides non-standard auto insurance||Vehicles worth $150,000 or more can't get a Progressive policy|
|One-stop shopping with lots of bundling options||No rideshare insurance available||Pet injury is covered under collision insurance||Rates about average under J.D. Power|
|Rates are below average in most states||Fewer add-on options than many other companies||Various insurance options to bundle with auto insurance||Progressive quotes may check your credit|
|Custom equipment and loan payoff policies|
When you stack the advantages and disadvantages, you’ll see that Nationwide has cheaper rates overall, but Progressive manages its money and credit more effectively.
Nationwide vs. Progressive Auto Insurance: What’s the bottom line?
Nationwide and Progressive are great companies, but Nationwide has a more affordable average. However, certain conditions can lower Progressive monthly rates.
Teens and young adults can save more money with Nationwide. When you consider Progressive’s car insurance discounts and bundling opportunities, you may be able to save more.
Now that you know more about Nationwide vs. Progressive auto insurance, use our free comparison tool below to compare multiple companies in your area and find the best rate.