Liberty Mutual and Nationwide are two of the oldest and largest insurance providers in the United States. Both organizations have been operating for several decades and both grew out of small and humble beginnings, although that is where the major similarities end.

While Liberty Mutual and Nationwide were both at one point in time insurance providers and financial services providers, over the last ten to fifteen years Liberty Mutual has narrowed their focus to property and casualty protection and preventing loss.

Read through this Nationwide Liberty Mutual auto insurance comparison and then use the free quote finder on this page to do your own car insurance comparison!

Similarities Between Liberty Mutual and Nationwide

While there are some striking contrasts between both of these organizations they do share some of the same characteristics including:

• Excellent ratings with A.M.’s Best (Nationwide’s rating is slightly higher)
• Established and respected companies
• Over 80 years of service
• Operating in all 50 states
• Online services including claims reporting
• Life Insurance
• Home Insurance
• Auto Insurance

While these company’s do offer similar services in the insurance arena Nationwide has continued to pursue other ventures such as banking, financial planning and advice while Liberty Mutual has dedicated itself to the insurance aspects only.

Nationwide History

Nationwide insurance grew from a small group of Farm Bureaus in the 1920′s and steadily grew into one the largest and most recognizable financial organizations in the country. Operating in all fifty states Nationwide’s services have grown over the last eight decades to include full service banking with online account access and money management, retirement and wealth management as well as investment services. Nationwide has shown stability, reliability and even growth during some of the toughest economic times in recent history.

Liberty Mutual History

Liberty Mutual also has its roots in modest beginnings originating in 1912 as the Massachusetts Employee’s Insurance Association or MEIA. It began as a mutual company held by the policy holders and by 1914 the MEIA had grown to open its first branch office and began issuing auto policies.

By 1917 the organization had changed the name to Liberty Mutual and started working with United Mutual Fire Insurance to offer complete auto coverage and public liability insurance. Liberty Mutual was one of the first major insurance companies to embark on a campaign of loss prevention through pioneering safety and training media to driver’s education and workplace safety.

Since then Liberty Mutual has continued to grow and expand its range of services to include investments and other financial services until in 2001 Liberty Mutual sold its financial services and renewed all of their focus to property and casualty protection.

Liberty Mutual or Nationwide?

Both organizations have a great reputation and an extremely high customer satisfaction rating. Liberty Mutual does not have the amount of customers that Nationwide does due to the fact that Nationwide offers a wider range of services but Liberty Mutual is no small company by any means.

They offer services in every one of the United States as well as on five separate continents and they have been operating ten years longer Nationwide. The major difference between the two organizations is the additional financial services offered by Nationwide.

When choosing between Liberty Mutual and Nationwide car insurance be sure to compare rates from many different companies. Enter your zip in for a free car insurance comparison now!