While similar in many of the services offered including insurance and financial advice, Nationwide and USAA have quite a few unique qualities that distinguish them from each other as well as other providers.
Nationwide and USAA both offer many types of insurance, investment advice, and banking services and both have a long history of service.
Read through this USAA Nationwide insurance comparison, check out the full USAA car insurance review, check out the full Nationwide car insurance review, and then enter your zip in on this page for a free car insurance comparison!
History of Nationwide & USAA
Nationwide was started in the mid 1920′s and through working with the Farm Bureaus and constant expanding it has grown to one of the largest financial services providers in the nation. Nationwide still works with eight of the original Farm Bureaus which is a testament to their level of service and longevity. Nationwide has evolved into a financial powerhouse and even during these tough economic times they have shown stability and even growth.
USAA came from similar humble beginnings. In the1920′s the USAA was formed by a handful of Army officers that actually insured each others vehicles and eventually expanded to include more and more military personnel. From there the USAA has grown exponentially to become a major player in the financial services industry and one of the largest integrated financial providers around.
While their 7.2 million customers are not quite the customer base of Nationwide, USAA does have some restrictions on who they cover. USAA is for active, retired and honorably discharged military personnel and their families and is a privately held company that operates on a membership basis while Nationwide is a public company and covers just about every type of customer.
USAA & Nationwide Products Offered
Some of the most striking similarities of both companies are the types of coverages and services offered as well as offering a full range of online services including banking and money transfers. Nationwide and USAA both offer services including:
- Auto Insurance
- Life Insurance
- Property Insurance
- Banking Services
- Financial Advice
- Retirement Planning
- Wealth Management
Nationwide USAA Awards & Ratings
Nationwide and USAA have both been in business for over eighty years and both have A+ ratings with A.M. Best and A1 ratings with Moody’s as well as operating in all fifty states. Nationwide boasts that ninety seven percent of their customers would recommend them and USAA has earned several awards from such organizations like MSN Money and Fortune 500. The major difference in the two organizations is the customer base numbers and the types of customers each one has.
Comparing Quotes from USAA & Nationwide
The best way to determine if Nationwide or USAA car insurance is the best for you is to simply compare quotes from USAA and Nationwide and as many other companies as possible. Enter your zip code in to start comparing quotes for car insurance now!
