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Friday, September 28, 2007

10 Reasons for Choosing Nationwide

by Travis Morgan
Nationwide is a pretty popular car insurance company. They handle all kinds of insurance from financial to automotive. No matter what your needs are, "Nationwide is on your side."

Nationwide was founded in 1925 in Ohio. The Ohio Farm Bureau Federation incorporated the Farm Bureau Automobile Insurance Company to give farmers low car insurance rates in their rural areas. In 1928, it began to expand to other states around Ohio to increase business. Then in 1934, they began to insure people in urban areas and also started writing property insurance policies. The company started to come to life.

By 1955, the company became enormous and because they no longer insured just farmers anymore, they changed their name from the Farm Bureau Mutual to Nationwide Insurance Company. Nationwide's financial coverage became public in 1996, and in 2007, Nationwide opened banking to the public for the first time.

Some details to know about Nationwide:

* Nationwide is the 6th largest auto insurer in the nation. * It is the 4th largest homeowner insurer in the nation. * Nationwide is the 10th largest commercial insurer. * 6th largest property and casualty insurer. * #1 provider of defined contribution plans. * #6 provider of life insurance. * #13 writer of individual annuities. * #18 U.S. life insurer based on premium. * #15 U.S. life insurer based on admitted assets. * And is ranked #104 on the Fortune 500.

Nationwide offers low rates and is a high competitor with other car insurance providers such as Progressive and Allstate. Nationwide is a good choice when it comes to banking and any kind of insurance. If you end up deciding to choose Nationwide, I doubt you will be disappointed. It is widely known for its great customer satisfaction and wide range of insurance coverage policies. But, before you decide on Nationwide, take a look at other companies like Esurance and AAA.

Many other companies provide basic coverage for any type of insurance. Remember, choose your insurance wisely because whatever company you decide to join will be the company helping you in an emergency that costs thousands of dollars.
www.typesofcarinsurance.com

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