- Nationwide vs. State Farm: Which one is the cheapest?
- Nationwide vs. State Farm: Rates by age group
- Nationwide vs. State Farm: Rates for high-risk drivers
- Nationwide vs. State Farm: Which is better rated?
- Nationwide vs. State Farm: Rates in your state
- Nationwide vs. State Farm: Which offers better discounts?
- Nationwide vs. State Farm: The bottom line
- Methodology
Nationwide vs. State Farm: Which one is the cheapest?
State Farm costs an average of $502, while State Farm has average rates for state minimum coverage of $532.
For full coverage with 100/300/100 in liability coverage and $500 deductibles for comprehensive and collision insurance, Nationwide costs an average of $1,548. State Farm costs more at an average of $1,984.
It's always a good idea to shop around for quotes, however, because prices and coverage vary from state to state and depend on your individual situation.
| Company | Average annual rate for full coverage | Average annual rate for state minimum coverage | Average annual premium for liability-only (50/100/50) car insurance |
|---|---|---|---|
| Nationwide | $1,548 | $532 | $651 |
| State Farm | $1,984 | $502 | $651 |
Nationwide vs. State Farm: Rates by age group
Teen drivers pay the highest car insurance rates. Nationwide offers the cheapest car insurance rates for teen drivers at $5,285 per year. On the other hand, State Farm offers car insurance rates at an average of $5,368 annually.
Age plays a major role in determining auto insurance rates. Companies consider speeding, accident trends and distracted driving statistics. Teen drivers are one of the riskiest groups to insure, making their rates the highest. However, insurance costs go down as you get older.
Adults pay an average of $1,533 with Nationwide, while State Farm charges an average of $1,985 for an adult. The table below lists the car insurance rates for different age groups for Nationwide and State Farm.
| Age group | Nationwide | State Farm |
|---|---|---|
| Teens | $5,285 | $5,368 |
| Young adults | $2,556 | $3,179 |
| Adults | $1,533 | $1,985 |
| Seniors | $1,456 | $1,858 |
Nationwide vs. State Farm: Rates for high-risk drivers
State Farm has the best rates for high-risk drivers. A high-risk driver is someone who has multiple speeding tickets, accidents or a serious offense like a DUI on their record. This can make it a challenge to find affordable auto insurance.
For the drivers with DUI, State Farm is cheaper, with average rates of $3,179.
Take a look at the table below for Nationwide rates compared to State Farm rates.
| Type of violation | Nationwide | State Farm |
|---|---|---|
| 1 At-fault property damage accident over $2K | $2,537 | $2,411 |
| 1 At-fault property damage accident under $2K | $2,481 | $2,403 |
| At-fault bodily injury accident | $2,673 | $2,497 |
| Careless driving | $2,203 | $2,419 |
| DUI | $3,627 | $3,179 |
| Reckless driving | $3,221 | $3,037 |
| Speeding | $2,347 | $2,321 |
Nationwide vs. State Farm: Which is better rated?
When choosing an insurance company, it's important to consider more than just price. Customer service, claims processing and a good online experience also matter. Check out the table below to see how Nationwide and State Farm ranked among the best car insurance companies of 2025.
Overall, Nationwide received a score of 4.33, while State Farm scored 4.27.
| Ratings | Nationwide | State Farm |
|---|---|---|
| NAIC | 0.64 | 0.70 |
| AM Best | A | A++ |
| Average annual premium | $1,548 | $1,980 |
| Average monthly premium | $129 | $165 |
| Customer Satisfaction | ||
| Insurance.com score |
Nationwide vs. State Farm: Rates in your state
Insurance rates vary from state to state. Companies use information from your ZIP code, like weather, crime and traffic patterns, to calculate the risk. The table below shows where you'll find the cheapest rates for Nationwide and State Farm. Remember, always shop around for multiple quotes as prices will ultimately be determined by your personal situation and driving record in addition to your location.
| State | State Farm | Nationwide |
|---|---|---|
| Alabama | $1,790 | $1,345 |
| Alaska | $1,713 | N/A |
| Arizona | $2,233 | $1,726 |
| Arkansas | $2,060 | $1,503 |
| California | $2,701 | $2,799 |
| Colorado | $1,950 | N/A |
| Connecticut | $1,733 | $1,766 |
| Delaware | $2,153 | $1,498 |
| Florida | $2,119 | $2,150 |
| Georgia | $2,344 | N/A |
| Hawaii | $1,938 | N/A |
| Idaho | $1,120 | $1,505 |
| Illinois | $1,633 | N/A |
| Indiana | $1,616 | $1,309 |
| Iowa | $1,306 | N/A |
| Kansas | $1,976 | $1,316 |
| Kentucky | $2,753 | N/A |
| Louisiana | $3,570 | N/A |
| Maine | $1,262 | N/A |
| Maryland | $2,177 | $1,363 |
| Massachusetts | $689 | N/A |
| Michigan | $3,698 | N/A |
| Minnesota | $1,525 | $1,363 |
| Mississippi | $1,797 | $1,331 |
| Missouri | $2,072 | $1,361 |
| Montana | $1,858 | $1,394 |
| Nebraska | $2,344 | $1,216 |
| Nevada | $1,443 | N/A |
| New Hampshire | $1,155 | $1,145 |
| New Jersey | $2,153 | N/A |
| New Mexico | $1,669 | $1,806 |
| New York | $1,951 | N/A |
| North Carolina | $1,180 | $1,513 |
| North Dakota | $1,738 | $1,152 |
| Oklahoma | $1,861 | N/A |
| Oregon | $1,502 | $1,411 |
| Pennsylvania | $2,473 | $1,196 |
| Rhode Island | $1,319 | $1,911 |
| South Carolina | $2,106 | N/A |
| South Dakota | $2,096 | $1,526 |
| Tennessee | $1,677 | $1,632 |
| Texas | $1,956 | $1,502 |
| Utah | $2,175 | $1,135 |
| Vermont | $1,139 | $935 |
| Virginia | $1,479 | N/A |
| Washington | $1,794 | $1,658 |
| Washington, D.C. | $2,426 | $2,558 |
| West Virginia | $1,691 | $1,215 |
| Wisconsin | $2,378 | $1,287 |
| Wyoming | $1,521 | N/A |
Nationwide vs. State Farm: Which offers better discounts?
Discounts are a great way to save money on your annual insurance premiums. Below are some of the discounts that Nationwide and State Farm offer to their customers.
| Discounts | Nationwide | State Farm |
|---|---|---|
| Payment type | 9% | N/A |
| Telematics | 8% | 13% |
| Days advanced purchase | 7% | N/A |
| Marital status | 7% | N/A |
| Multi policy | 7% | 10% |
| Homeowner | 5% | 2% |
| Safety devices | 3% | 4% |
| Loyalty | 4% | 18% |
| Paperless/electornic documents | 4% | N/A |
| Electronic funds transfer | 3% | N/A |
| Daily commute | N/A | 2% |
| Air bags | 2% | 2% |
| Lower annual mileage | 12% | 10% |
| Anti-theft device | 1% | 1% |
When shopping for car insurance, always ask about available discounts to see which ones you qualify for.
Nationwide vs. State Farm: The bottom line
Both Nationwide and State Farm are good insurance companies, but if getting the lowest rates is your priority, Nationwide might be the best option for you. However, it's always a good idea to look beyond just the price and compare quotes from multiple companies to find the best car insurance for your needs.
Methodology
Insurance.com commissioned car insurance rates from Quadrant Data Services for state minimum coverage and full coverage with liability limits of 100/300/100 with $500 deductibles. Base sample rates are based on a 40-year-old male driver with a clean record and good credit driving a 2023 Honda Accord LX. Rates were also fielded for multiple age groups and driver profiles compared with the base sample rate.
Company ratings were gathered from third-party sources including J.D. Power, AM Best and the National Association of Insurance Commissioners (NAIC). We also gathered data from the Insure.com annual survey of car insurance customers.
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