Does Nationwide Have Good SR-22 Coverage?
Last Updated on October 13, 2023
If you need SR-22 insurance, then Nationwide is one option.
Nationwide offers SR-22 insurance to drivers in most states. Depending on your driving record, budget, and location, Nationwide could offer the best SR-22 insurance for your unique needs.
Keep reading to discover everything you need to know about Nationwide’s SR-22 insurance and how it works.
Table of Contents:
- How Nationwide SR-22 Insurance Works
- Why Do I Need SR-22 Insurance?
- Nationwide Offers FR-44 Insurance
- How Much Does Nationwide SR-22 Coverage Cost?
- Nationwide SR-22 Insurance Reviews
How Nationwide SR-22 Insurance Works
Nationwide sells SR-22 insurance like they sell other insurance products. You can apply for Nationwide SR-22 insurance online or over the phone.
You can use Nationwide’s online comparison tool to verify pricing upfront. You can input your driving history and other information to get a personalized quote.
Once you have SR-22 insurance with Nationwide, it functions similarly to the SR-22 insurance provided by competing companies. Nationwide files an SR-22 certificate to the DMV on your behalf to verify you have valid insurance. Then, you can resume driving as you normally would.
Why Do I Need SR-22 Insurance?
You may need to buy SR-22 from Nationwide or competing insurers for a number of reasons.
The DMV or a court will alert you of SR-22 requirements. If you have multiple at-fault accidents on your driving record, for example, or if you have one or more DUIs, then you may need to buy SR-22 insurance.
Here are some of the reasons you may need SR-22 insurance:
- You have one or more DUI, DWI, or other serious moving violations on your record
- You have committed multiple traffic violations in a short period of time
- You drove without insurance or caused an accident while uninsured
- You had a lapse in car insurance
- You have unpaid child support
In all of these situations, the DMV or the court may alert you of SR-22 requirements. The DMV may suspend or revoke your license until you submit an SR-22 certificate verifying you meet minimum insurance requirements in your state.
Depending on your violation, and assuming there are no subsequent violations, most drivers need to file an SR-22 for 1 to 3 years.
Nationwide Offers FR-44 Insurance
Florida and Virginia use the FR-44 system to manage certain types of high-risk drivers. Nationwide offers FR-44 and SR-22 insurance in most states, and their FR-44 insurance functions similarly to their SR-22 insurance.
Just like with SR-22 insurance, FR-44 insurance with Nationwide involves filing a form to the DMV on your behalf to reinstate your driving privileges.
How Much Does Nationwide SR-22 Coverage Cost?
SR-22 insurance is always more expensive than standard car insurance. SR-22 insurance is for higher-risk drivers, and you’ll pay higher insurance premiums based on that higher risk.
The average Nationwide driver pays around $1,502 per year for full coverage car insurance in the United States, which is slightly higher than the American average of $1,450 per year.
The average SR-22 quote at Nationwide, according to our research, is around $1,662 per year for minimum liability coverage. Minimum liability coverage meets minimum insurance requirements in your state without covering your own vehicle. It allows you to legally drive on the road, but there’s limited protection overall.
If you want to buy full coverage SR-22 insurance with Nationwide, then you can expect to pay more than double the average rate. According to our research, full coverage SR-22 insurance with Nationwide can be over $2,954 per year, on average.
Compare quotes with Nationwide and other providers to ensure you’re paying the lowest possible rates for SR-22 insurance in your state.
Nationwide, like all other insurers, also charges an SR-22 filing fee of $15 to $25. Nationwide charges this filing fee to file the SR-22 on your behalf to your DMV.
Nationwide SR-22 Insurance Reviews
Nationwide is the eighth largest car insurance company in the United States. Like other large insurance companies, Nationwide has average reviews across the United States: most customers have average levels of satisfaction with Nationwide.
In the 2021 United States auto insurance study from J.D. Power, Nationwide received average to below average ratings in most states and subregions. J.D. Power surveys policyholders who have recently made a claim with a major insurance company, then ranks insurers based on claims satisfaction, customer service, and pricing.
The 2021 J.D. Power auto insurance study is a good measurement of Nationwide’s SR-22 coverage, quality, and pricing. Some of J.D. Power’s surveyed policyholders have SR-22 insurance. Here are some findings from the latest study:
- Nationwide scored below average in the California subregion, placing second-last ahead of only Kemper among major insurance companies in the state
- Nationwide scored last in the Central subregion (which includes Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma, and South Dakota); Nationwide scored 798 on a 1,000-point scale, 26 points behind the next worse insurance company and well below the regional average of 841
- Nationwide scored closer to average in the Mid-Atlantic region, which includes Delaware, the District of Columbia, Maryland, New Jersey, Pennsylvania, Virginia, and West Virginia; in this region, Nationwide scored 823 on a 1,000-point scale, close to the regional average of 842 but still near the bottom of the list overall
- Nationwide’s best rating came in the North Central region, which includes Illinois, Indiana, Michigan, Ohio, and Wisconsin; Nationwide placed 11th overall with 831 points, just behind the regional average of 839
- Nationwide did not score above average ratings in any subregion, according to the 2021 J.D. Power auto insurance study
Nationwide does, however, offer all of the perks of a large insurance company, including a strong mobile app, 24/7 customer service availability, and competitive pricing.
Nationwide also has an A+ financial strength rating from A.M. Best, which assesses insurance companies based on their assets, liabilities, and ability to cover future claims. Nationwide also has an A+ rating from the Better Business Bureau.
Overall, Nationwide is one of America’s largest insurance companies, and they have average to below-average ratings in most subregions. If you buy SR-22 insurance through Nationwide, then you can expect an average to below average experience for pricing, claims satisfaction, and customer service, based on the latest rankings.
Final Word: Does Nationwide Offer Good SR-22 Coverage?
Nationwide is one of America’s largest insurance companies, and they offer the convenience, financial stability, 24/7 availability, and perks of a large firm.
Although Nationwide has below-average reviews for pricing, claims satisfaction, and overall customer service, the company provides thousands of drivers across the country with the SR-22 insurance they need to get back on the road.
To learn more about Nationwide’s SR-22 coverage and how it works or to request a quote today, contact Nationwide or visit the official website today.