Liberty Mutual vs. Nationwide: Pros & Cons (2021)

When you compare Liberty Mutual vs. Nationwide auto insurance, Nationwide insurance rates are cheaper across the board. However, you can find many discounts with both companies to bring down your rates. Although both companies have the same A+ BBB rating, Nationwide scores slightly higher in financial ratings. Liberty Mutual auto insurance and Nationwide insurance companies both score at or below average for customer satisfaction.

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Rachel Bodine graduated from college with a BA in English. She has since worked as a Feature Writer in the insurance industry and gained a deep knowledge of state and countrywide insurance laws and rates. Her research and writing focus on helping readers understand their insurance coverage and how to find savings. Her expert advice on insurance has been featured on sites like PhotoEnforced, All...

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Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insurance...

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Reviewed by Leslie Kasperowicz
Farmers CSR for 4 Years

UPDATED: Jul 18, 2021

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What You Should Know

  • Nationwide auto insurance rates are significantly lower than Liberty Mutual’s rates
  • Both companies have similar BBB and customer satisfaction ratings
  • Nationwide and Liberty Mutual both offer many discounts to bring down your auto insurance rates

When it comes to the best auto insurance companies, you have a lot of options, and comparing them head to head can help narrow down your choices. We will look at Liberty Mutual vs. Nationwide auto insurance companies to see which one meets your needs the best.

Compare rates, discounts, financial ratings, and customer satisfaction to determine if either is right for you.

You don’t have to just compare Liberty Mutual and Nationwide to find the best company. Enter your ZIP code to receive free quotes from multiple companies near you.

Is Liberty Mutual or Nationwide auto insurance cheaper?

You might be surprised to learn exactly what factors determine auto insurance rates. Car insurance companies look at everything from where you live to your age, driving record, and credit history to determine your rates.

These factors can make the difference in determining how affordable Liberty Mutual vs. Nationwide auto insurance is for you, even though both companies offer similar coverages.

Let’s take a look at Liberty Mutual vs. Nationwide auto insurance rates using some of these factors to see which can offer you the best deal.

This table shows you the average annual auto insurance rates for both companies based on demographics, and you can see just how age affects auto insurance rates.

Liberty Mutual vs. Nationwide Average Annual Rates Based on Age, Gender, and Marital Status
Age, Gender, and Marital StatusLiberty Mutual Average Annual RatesNationwide Average Annual Rates
Single 17-year-old female$11,621.01$5,756.37
Single 17-year-old male$13,718.69$7,175.31
Single 25-year-old female$3,959.67$2,686.48
Single 25-year-old male$4,503.13$2,889.04
Married 35-year-old female$3,802.77$2,360.49
Married 35-year-old male$3,856.84$2,387.43
Married 60-year-old female$3,445.00$2,130.26
Married 60-year-old male$3,680.53$2,214.62
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Nationwide is significantly cheaper across the board. Liberty Mutual auto insurance rates are at least $100 more expensive each month.

Another important factor that auto insurance companies use to calculate your rates is your driving record. If you have accidents, tickets, or DUIs, you will spend a lot more on your insurance than if you have a clean driving record.

Liberty Mutual vs. Nationwide Average Annual Rates Based on Driving Report
Driving RecordLiberty Mutual Average Annual RatesNationwide Average Annual Rates
Clean record$4,774.30$2,746.18
With 1 accident$6,204.78$3,396.95
With 1 DUI$7,613.48$4,543.20
With 1 speeding violation$5,701.26$3,113.68
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Nationwide insurance is cheaper, no matter your driving record. While both companies charge more for auto insurance if you have DUI, Liberty Mutual charges about $255 more a month than Nationwide for one.

You might be surprised to learn your credit score affects your auto insurance rates as well. Insurance companies believe that if you have a higher credit score, you’re less likely to file a claim and more willing to pay out of pocket for damages.

Liberty Mutual vs. Nationwide Average Annual Rates Based on Credit History
Credit HistoryLiberty Mutual Average Annual RatesNationwide Average Annual Rates
Good$4,388.18$2,925.94
Fair$5,604.24$3,254.83
Poor$8,802.22$4,083.29
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Nationwide is cheaper here, too. If you have poor credit, you would pay about $393 more a month with Liberty Mutual than with Nationwide.

There are a few states, like California and Michigan, that don’t allow auto insurance companies to look at your credit score to determine your rates. Check your state’s laws before you used credit score as a factor in choosing the company for you.

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Does Liberty Mutual or Nationwide have better auto insurance discounts?

Auto insurance discounts are a great way to lower your rates. Most companies offer you discounts based on a variety of things, including how many cars you have, your occupation, and even your car’s safety features.

This table shows you the discounts that are offered by Liberty Mutual and Nationwide insurance. If the amount of the discount is known, it is included as well. See which company can offer you more discounts.

Liberty Mutual vs. Nationwide Auto Insurance Discounts
DiscountsLiberty MutualNationwide
Adaptive Cruise Control5%x
Adaptive Headlights5%x
Anti-lock Brakes5%5%
Anti-Theft20%25%
Claim Freex10%
Daytime Running Lights5%5%
Defensive Driver10%5%
Distant StudentN/A10%
Driver's Ed10%N/A
Driving Device/App30%40%
Early SigningN/A8%
Electronic Stability Control5%x
Family PlanN/A25%
Federal Employee10%N/A
Forward Collision Warning5%x
Full Payment$5N/A
Further Education10%15%
Good CreditN/Ax
Good Student22.50%10%
Green Vehicle10%N/A
Homeownerx5%
Lane Departure Warningxx
Life InsuranceN/Ax
Low Mileagexx
LoyaltyN/A5%
Marriedxx
Membership/Group10%7%
Military4%N/A
Multiple Policies20%10%
Multiple Vehicles10%20%
New Address5%N/A
New Customer/New PlanxN/A
New Graduate5%N/A
Newly Licensed5%N/A
Newlyweds5%N/A
Occupation10%15%
Paperless DocumentsN/A5%
Paperless/Auto Billingx$30
Passive Restraintx20%
Recent Retirees4%N/A
Safe DriverN/A35%
Stable ResidenceN/Ax
Students & Alumni10%7%
Switching Provider10%N/A
Vehicle Recovery35%25%
VIN Etching5%x
Young DriverxN/A
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Both companies offer most of the same discounts, however, there are some differences. For example, Liberty Mutual offers a driver’s education discount and Nationwide doesn’t. Nationwide offers a loyalty discount and Liberty Mutual doesn’t.

Be sure to ask for any discounts as you compare Liberty Mutual vs. Nationwide auto insurance quotes.

How do Liberty Mutual and Nationwide compare in financial strength and customer satisfaction?

A.M. Best ranks companies based on how financially stable they are. Liberty Mutual received an A rating, meaning it has an excellent ability to meet its obligations. Nationwide received an A+ rating showing it has a superior ability to meet its obligations.

Both Liberty Mutual and Nationwide are accredited with the Better Business Bureau and received A+ ratings.

Both companies were also ranked by J.D. Power for customer satisfaction on factors like what is offered, billing, price, and claims. Both Liberty Mutual and Nationwide ranked at or below average.

Both companies also offer easy-to-use websites, and your Nationwide or Liberty Mutual login will allow you to pay your bill and access your insurance information.

However, Liberty Mutual customer service is available 24/7 and Nationwide has set hours to reach someone. The Liberty Mutual phone number is 800-290-7933, and you can reach Nationwide at 877-699-6877.

These companies also offer coverages beyond the normal auto, homeowners, or renters insurance. You can also purchase Liberty Mutual or Nationwide pet insurance protection. While you can get Nationwide retirement assistance, Liberty Mutual doesn’t offer retirement services.

You can learn more by reading our Liberty Mutual auto insurance review and our Nationwide auto insurance review.

Deciding to buy Liberty Mutual auto insurance or Nationwide car insurance can be a difficult decision. Weigh Liberty Mutual vs. Nationwide pros and cons to determine if either company is right for you.

Now that you’ve compared Liberty Mutual and Nationwide, enter your ZIP code to compare quotes from multiple companies near you.

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