Nationwide vs. Liberty Mutual – What’s Better for Car Insurance?

Last Updated on September 19, 2022

Nationwide and Liberty Mutual are two of the biggest auto insurers in the country. If you are looking for a new policy, you may be trying to decide between these two industry leaders. So, how do you make that choice? Which option will be best for your specific needs? In this article, we’ll break down the differences between Nationwide and Liberty Mutual.

Introducing Nationwide and Liberty Mutual

Before we take a closer look at the similarities and differences of these two auto insurance options,Nationwide vs. Liberty Mutual let’s get to know each company a little better.

Nationwide Insurance

As the name would indicate, Nationwide offers insurance products across the country. The company has been in business for nearly 100 years, serving customers under different names over that time. Today, this Fortune 100 company employs more than 30,000 people and offers all kinds of insurance policies beyond auto coverage.

Liberty Mutual

Liberty Mutual Group is also one of the biggest auto insurance companies in the country. Another Fortune 100 company, Liberty Mutual has an employee list of more than 45,000 and they record billions in revenue annually. Like Nationwide, this is a company with a long history, having been founded all the way back in 1912.

As you can see, picking either of these options is going to give you coverage with an industry giant. If you are the kind of consumer who likes the comfort and safety of insuring with a major company that has nearly endless resources at its disposal, either Nationwide or Liberty Mutual would make for a nice selection.

Plenty of Similarities Between Nationwide and Liberty Mutual

You probably won’t be surprised to learn that there are many similarities between the auto insurance policies available from both Nationwide and Liberty Mutual. For starters, there are many coverage elements that can be included no matter which company you decide to use for your policy. Of course, you will always want to confirm the specifics of the policy you select, as some of these coverages will be standard and some will be optional.

  • Collision. After a crash, there is certainly going to be damage to your vehicle. Even a minor crash can lead to costly repairs, depending on the specifics of the crash and where your vehicle was impacted. With both companies, you can get collision insurance that will cover the repairs needed to bring your car back into proper condition. You may not be required to have collision insurance depending on where you live, but it’s commonly required if you finance the purchase of your vehicle.
  • Medical payments. Unfortunately, injuries in car accidents are relatively common. As you work to recover from your injuries, you’ll soon find that you have significant medical bills to manage. Having coverage from one of these two companies for medical payments will take some of the financial stress off of your shoulders, allowing you to focus on the recovery process.
  • Bodily injury liability. In this case, your coverage handles the medical expenses incurred by someone else who is injured in an accident that you caused. Given the potential for medical bills to get out of control, having this coverage can protect your finances in the event of a serious accident.
  • Comprehensive. If your vehicle is damaged as a result of something other than hitting another car – you strike an animal on the road, for example – comprehensive coverage will step in to help pay for the damage.

The points above are just some of the many coverages available from both companies. Before you start shopping for your next auto policy, make a list of the coverages that you would like to have in place on your policy. Chances are, either one of these industry giants will be able to offer the coverage you desire.

Benefits of Choosing Nationwide Auto Insurance

To help you get closer to make a decision between these two options, let’s take a look at some of the potential benefits you could enjoy if you go with Nationwide.

  • Many discounts are available. Everyone likes to get a great price on their auto insurance policy, and you can work toward a price you will be happy with by qualifying for various discounts. Some of the discounts Nationwide makes available to qualifying customers include bundling home and auto, SmartRide driver tracking, Easy Pay, Good Student, and many more.
  • Accident Forgiveness. If you don’t think your premiums should go through the roof simply because you got in an accident, you might want to add this option to your policy. Your first accident won’t cause a rate increase when this is part of your plan.
  • Total Loss Deductible Waiver. Even with good insurance, paying your deductible can still be an unwanted expense. In the event of your vehicle is totaled, this coverage takes away your deductible.

There are plenty of other reasons to consider Nationwide, but those points are a great place to start. The company has a good reputation for solid customer service, and since it is such a large company, you can also carry your other insurance policies with them.

Benefits of Choosing Liberty Mutual Auto Insurance

As with Nationwide, there are also plenty of compelling reasons to turn toward Liberty Mutual for coverage. Some of the details here will look similar to the previous section, but there are subtle differences between the two companies that you can compare before making your choice.

  • A menu of discounts. Like Nationwide, there are also plenty of discounts on the table here, but they look a little different. A Distant Student discount is one to consider if you have a child that is living away from home but remains on your policy. Others include a discount for car safety features, an alternative fuel discount, and the RightTrack program.
  • Other insurance products. You don’t need to shop around for a variety of policies when you can bring everything together under your Liberty Mutual account.
  • Better car replacement program. This is an interesting option to add to your coverage, where you can replace a totaled car with a newer one with fewer miles.

The size of Liberty Mutual as an insurance company should speak for itself. With so many customers carrying Liberty Mutual policies, not only for auto insurance but for a range of coverages, you will be in good company if you go in this direction.

Making Your Decision – Nationwide vs. Liberty Mutual

You can come away with an excellent auto policy at a competitive rate whether you decide to use Nationwide or Liberty Mutual. We can’t tell you that one of these companies is far and away better than the other because that’s just not how it works. Both have many satisfied customers, and there are more similarities than there are differences to consider.

If you’d like to see for yourself what these companies can offer you, the obvious next step is to get a customized quote. With those quotes in hand, making a selection will become relatively simple. Whichever way you go, the end result will be an auto insurance policy backed by a prominent company.

James Shaffer
James Shaffer James Shaffer is a writer for and a well-seasoned auto insurance industry veteran. He has a deep knowledge of insurance rules and regulations and is passionate about helping drivers save money on auto insurance. He is responsible for researching and writing about anything auto insurance-related. He holds a bachelor's degree from Bentley University and his work has been quoted by NBC News, CNN, and The Washington Post.
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