Nationwide Rates for Drivers with Poor Credit
The national rates for married 35-year-old drivers are nearly 7 percent lower than the national average for female drivers and more than 5 percent lower than the national average for male drivers. For adult drivers, USAA has the lowest annual average rates, 36% lower than the national average for female and male drivers in this category.
Geico’s annual rates for female drivers are $270 lower than the national average and $246 lower than the national average for male drivers. Nationwide’s rates are about $700 lower than Allstate’s, which have the highest rates in this category.
Drivers of both sexes who are married, age 60, and insured by Nationwide receive pay rates that are lower than the average for the country. Senior drivers pay 10% less for car insurance than female drivers and 7% less than male drivers nationwide. Compared to USAA, which offers the lowest rates for senior drivers, the company’s annual rates for female and male senior drivers are $321 and $409 higher, respectively.
However, they are more competitive than Allstate, which offers the highest rates in this category. Geico comes in at number one, while State Farm comes in at number two for both male and female senior drivers. 3 in this group.
Your car insurance rates could rise as a result of a single speeding ticket. For drivers in this category, the average annual rate is about 4% lower than the national average. However, it is more than $600 more expensive per year than USAA, which has the lowest average premium for drivers who have been ticketed for speeding. Farmers, which has the highest rate for drivers who have been ticketed for speeding, is just over $800 more expensive than Nationwide.
The answer is no. 2 and Geico is the No. 1 3 regarding the cost of insurance following a speeding ticket. In this category, State Farm is 27% cheaper than the national average, while Geico is roughly 17% cheaper.
The national average rate and the rate for drivers with an accident on their record are nearly identical. However, compared to USAA, which has the lowest average annual rate in this category, it costs almost $800 more per year. Farmers, which typically has the highest annual rate for drivers in this category, is $992 lower than Nationwide’s rate.
The answer is no. 2 for motorists who have been in an accident in the past, with an average annual premium that is $690 lower than the average for the nation.
For drivers with a DUI on their record, the average annual rate is about $400 higher than the national average. Additionally, they are approximately $1,300 more expensive than State Farm, which has the lowest sample average rates for DUI drivers. On average, the rates offered by National are $939 less expensive than those offered by AAA, which have the highest rates.
Drivers don’t always think about how much their credit history can affect their premiums, but in general, you’ll pay less for car insurance if you have good credit. On the other hand, rates will be higher for those with lower scores. In this category, the average annual rate for drivers with poor credit is 30% lower than the national average.
Cross country is No. 3 in this group of cheap car insurance companies, according to our rating system. It has a sample rate that is over $134 higher than the lowest rate in this category, USAA, and nearly $1,966 lower than the highest average annual rate, AAA.
A good way to keep car insurance affordable is to buy just the minimum amount of coverage required by your state. Nationwide’s sample rate is slightly higher than the national average for drivers with minimum coverage. It is $534 more than the lowest rate offered by USAA and $516 less than the highest rate offered by Allstate in this category. Geico receives a No. 2 in this group, with an annual rate that is $336 lower on average than the national average.
Drivers will pay more for car insurance if they purchase policies with more coverage. Additional protections, such as coverage for bodily injury and, in some states, property damage caused by uninsured or underinsured motorists, can be included in higher levels of insurance.
Nationwide’s sample rate is slightly higher than the national average for drivers with a lot of coverage. It is approximately $600 lower than Allstate, which has the highest rate in this category, and approximately $570 higher than USAA, which has the lowest rate for drivers with high coverage.