You can save 15% initially with Nationwide and then up to 40% depending on your driving habits. Nationwide monitors things like idle time and nightime driving to determine how much a driver is eligible to save.
Considering that normal car insurance from Nationwide costs an average of $84 per month, trying Nationwide may be an easy way for drivers to save on their premiums. But it should be noted that Nationwide will raise rates for poor driving, so less-than-perfect drivers may want to reconsider their driving habits before signing up for SmartRide from Nationwide.
To learn more, check out WalletHub’s full review of Nationwide.
No, Nationwide SmartRide will not raise your rates for poor driving habits. Nationwide SmartRide users are eligible for an initial discount of 15% just for signing up, and their rates will not go up for things like miles driven or hard braking. Good drivers can save up to 40% while using SmartRide, too.… read full answer
Key Things to Know About Nationwide SmartRide
Nationwide SmartRide tracks things like miles driven, hard braking and acceleration, the time of day that you drive
Drivers can use the SmartRide app or plug-in device to track their habits
Nationwide SmartRide has a 3.5/5 rating from WalletHub’s editors
Not available in AK, CA, HI, LA, MA, NY & PR
Customer reviews of the app average 4.5 out of 5
Minimum coverage from Nationwide costs an average of $84 per month without SmartRide
Remember that poor driving while using SmartRide will not lead to as many discounts in the program as safe driving would. Additionally, regardless of whether you use SmartRide, Nationwide itself can raise your rates for things like at-fault accidents, speeding tickets, and other moving violations. Nationwide learns of such things from your driving record and CLUE report, rather than through SmartRide.
Your Nationwide rate could have gone up for many reasons, such as a recent claim or a new driver being added to the policy. Other factors that could cause Nationwide to raise your rate include getting into an accident, being convicted of a moving violation, and adding coverage to your policy. Nationwide may also raise your premiums for reasons that are beyond your control, such as recent natural disasters, increasing repair and healthcare costs, and crime trends.… read full answer
Top Reasons Why Nationwide Raises Rates
Recent claims
New driver or car added to a policy
Moving violations
At-fault accidents
Increased coverage
Lower deductible
Recent switch to an expensive car
Relocation to a high-risk zip code
Decline in creditworthiness
How to Lower Your Nationwide Insurance
If you’re struggling to afford your Nationwide premium, there are a few steps that you can take to lower your rate. You can start by looking for Nationwide discounts that you can qualify for, such as the anti-theft or safe driver discount. You can also make changes to your policy, including raising your deductible and reducing your coverage.
Another option is to switch insurance companies. Each insurer calculates rates differently, so you may be able to get the same amount of coverage elsewhere at a lower price. As a general rule, you should get quotes from at least three different companies every 6-12 months to make sure that you’re still getting the best deal.
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