Farmers vs Nationwide

Side-by-side car insurance comparison based on rates across all available locations

Farmers

Avg Monthly

$109/mo

Best Rate

$62/mo

Best For

Rural coverage

Top Discount

Good student 20%

Available In

14 locations

Lower Avg Rate

Nationwide

4.3

Avg Monthly

$98/mo

Best Rate

$84/mo

Best For

Full coverage

Top Discount

SmartRide 40%

Founded

1926 · Columbus, Ohio

Available In

5 locations

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Rate Comparison by State

Farmers cheaper: 1Nationwide cheaper: 0


Montana	$78/mo	$84/mo	Farmers saves $6/mo

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Pros & Cons

Farmers

Detailed profile not yet available for Farmers.

Nationwide

Pros

✓SmartRide telematics can save up to 40% for safe drivers
✓Strong life insurance and financial services arm
✓Pet insurance available through Nationwide
✓Good multi-policy discount when bundling products

Cons

✗Not available in all 50 states for all products
✗Average rates are not always the most competitive

Which Should You Choose?

Farmers is the cheaper option in 1 of 1 states where both insurers operate, saving an average of $6/month. Nationwide is cheaper in 0 states.

Nationwide has a higher average customer rating (4.3/5) compared to Farmers (4/5). However, ratings can vary by state and coverage type.

Farmers is generally best for rural coverage, while Nationwide stands out for full coverage. The right choice depends on your priorities — lowest price, best service, or specific discounts.

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Farmers vs Nationwide — FAQs

Is Farmers cheaper than Nationwide?

Farmers is cheaper in 1 of 1 states where both operate. However, rates vary by location, so Nationwide may be cheaper in your area. Always compare quotes for your specific state and circumstances.

Which has better ratings — Farmers or Nationwide?

Farmers has an average rating of 4/5, while Nationwide averages 4.3/5 across all states. Both are well-established insurers with strong financial stability.

What discounts does Farmers offer vs Nationwide?

Farmers's top discount is "Good student 20%", while Nationwide offers "SmartRide 40%". Both insurers offer multi-policy, good driver, and other standard discounts — check each insurer's site for the full list.

Can I switch from Farmers to Nationwide?

Yes. You can switch car insurance at any time, though it's usually best to switch at renewal to avoid cancellation fees. Get quotes from both Farmers and Nationwide to compare rates for your specific situation.

Which is better for my state?

It depends on where you live. Use the rate comparison table above to see which insurer is cheaper in your state. Factors like your driving record, age, and vehicle also affect your personal quote.

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