Top 5 Cheap Car Insurance Companies

2. Nationwide: The best company to combine home and auto insurance

Nationwide’s average annual premiums for drivers are at an attractive price point of $2,214, which is significantly lower than the national average. The company also provides excellent savings opportunities for those who opt for bundled coverage, with an average annual saving of $646 for those who purchase both home and auto insurance.

Advantages:

• A wide variety of insurance policies are available, allowing customers to bundle coverage and take advantage of discounts.
• The SmartMiles program bases premiums on driving habits, making coverage more affordable for those who don’t drive frequently.
• Nationwide received high ratings on the J.D. Power shopper satisfaction survey.

Disadvantages:

• Some customers have reported that Nationwide’s policies are more expensive compared to competitors.
• Rideshare insurance is not offered.