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.
Free Auto Insurance Comparison
Secured with SHA-256 Encryption
UPDATED: Jul 18, 2021
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 insurance industry 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 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.
|Age, Gender, and Marital Status||Liberty Mutual Average Annual Rates||Nationwide 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|
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.
|Driving Record||Liberty Mutual Average Annual Rates||Nationwide Average Annual Rates|
|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|
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.
|Credit History||Liberty Mutual Average Annual Rates||Nationwide Average Annual Rates|
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.
Compare over 200 auto insurance companies at once!
Secured with SHA-256 Encryption
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.
|Adaptive Cruise Control||5%||x|
|Daytime Running Lights||5%||5%|
|Electronic Stability Control||5%||x|
|Forward Collision Warning||5%||x|
|Lane Departure Warning||x||x|
|New Customer/New Plan||x||N/A|
|Students & Alumni||10%||7%|
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.
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.