Nationwide renters insurance is priced competitively in today’s market: recent analyses show typical renters premiums across the U.S. clustering around the mid‑teens per month (about $14–$20/month, or roughly $170–$240/year) for a standard policy, and independent reviews often place Nationwide’s quotes in the low‑to‑mid‑teens in many states. See current averages from Forbes Advisor, NerdWallet, and Policygenius, and Nationwide’s product details and discounts on its official site. Premiums are influenced by location, coverage limits, and deductible, and insurers have faced upward price pressure reflected in the BLS CPI for renters’ and household insurance. Digital self‑service through Nationwide lets you quote, adjust coverage, file claims, and make payments online.
If you rent a house, apartment, or dorm, you’re responsible for replacing your belongings if they’re stolen or damaged by a covered event and for your own liability exposures. A rental policy is often the best way to protect yourself. When you compare quotes, normalize to a common baseline (for example, about $30,000 personal property, $100,000 liability, and a $500 deductible, which many cost studies use) so you can compare carriers apples‑to‑apples (Forbes Advisor; NerdWallet; Policygenius).
In this Nationwide renters insurance review, we focus on pricing, coverage, discounts, and customer experience using the latest 2024–2025 sources: market‑wide cost guides from Forbes Advisor, NerdWallet, and Policygenius; satisfaction/complaint indicators from J.D. Power, the ACSI, and the NAIC Complaint Index; and financial strength context from AM Best. Nationwide remains one of the best renters insurance options to consider alongside other large national carriers.
Nationwide Renters Insurance Overview
Current satisfaction indicators provide useful context. The cross‑industry ACSI shows property & casualty insurers holding in the high‑70s (0–100 scale). J.D. Power’s most recent property claims study reports a modest 2025 rebound in satisfaction on its 1,000‑point scale as claim cycle times normalized (J.D. Power 2025 U.S. Property Claims Satisfaction Study).
Regulatory complaints continue to be elevated industry‑wide: the NAIC Consumer Complaint Index normalizes complaints by market share (1.00 = expected level; >1.00 = more than expected). Complaint levels vary by state and line of business; common themes include claims handling and rating/premium issues. Use NAIC’s tool to check recent complaint experience for renters policies in your state.
PROS
CONS
Nationwide Highlights
Methodology
We evaluated Nationwide’s renters insurance using up‑to‑date pricing benchmarks, coverage features, discounts, customer experience indicators, and financial stability. Our comparative view draws on market‑wide cost studies (Forbes Advisor; NerdWallet; Policygenius), satisfaction studies (J.D. Power; ACSI), regulatory complaints (NAIC Complaint Index), and financial strength context (AM Best).
- Customer Ratings – We reference recent J.D. Power research (1,000‑point scale) and cross‑industry ACSI scores (0–100) to gauge satisfaction trends and drivers; we also consider digital self‑service capabilities.
- Coverage – We assess standard protections and endorsements (e.g., valuables scheduling, water backup, earthquake) and advise normalizing quotes around common baselines ($30k property, $100k liability, $500 deductible) for apples‑to‑apples comparisons.
- Confidence – We consider insurer claim‑paying strength via AM Best Financial Strength Ratings (A‑and‑above generally considered “secure”) and note that ratings are opinions, not guarantees.
- Customer Experience – We use the NAIC Consumer Complaint Index (1.00 = expected complaints) to contextualize complaint intensity by state and line of business.
The Competition
| Company | Reviews.com Score | AM Best Financial Strength Rating | J.D. Power (latest study; 1,000-point scale) | NAIC Customer Complaints |
| Nationwide | 3.75 | A+ | See latest study (varies by line/region) | Use NAIC index (1.00 = expected; varies by state/line) |
| State Farm | 3.75 | A++ | See latest study (varies by line/region) | Use NAIC index (1.00 = expected; varies by state/line) |
| Allstate | 4 | A+ | See latest study (varies by line/region) | Use NAIC index (1.00 = expected; varies by state/line) |
| USAA | 4 | A++ | See latest study (varies by line/region) | Use NAIC index (1.00 = expected; varies by state/line) |
| American Family | 3.75 | A | See latest study (varies by line/region) | Use NAIC index (1.00 = expected; varies by state/line) |
| Farmers | 3.5 | A | See latest study (varies by line/region) | Use NAIC index (1.00 = expected; varies by state/line) |
| Liberty Mutual | 3.25 | A | See latest study (varies by line/region) | Use NAIC index (1.00 = expected; varies by state/line) |
*Comparative information updated with current sources; see citations linked throughout.
Nationwide vs. State Farm
Both carriers include core protections (personal property, liability, medical payments to others, and loss of use) with optional endorsements for higher limits and specialty needs. Pricing varies by state risk, coverage selections, and deductible; market studies place typical renters premiums around $14–$20 per month, with either carrier sometimes lower depending on profile (Forbes Advisor; NerdWallet; Policygenius).
For savings, start by testing an auto + renters bundle; major insurers advertise sizable bundle credits (e.g., up to 25% or an average of 23% in illustrative examples from Allstate and Progressive). Apply identical coverages and discounts to each quote for an apples‑to‑apples comparison.
Customer sentiment shifts over time and by region. Use the latest J.D. Power findings (1,000‑point scale) for directional trends and your state’s NAIC Complaint Index (1.00 baseline) to gauge regulatory complaint levels for renters where you live.
Nationwide vs. Allstate
Coverage breadth is similar (core renters protections plus optional endorsements for valuables, water backup, and more). In many ZIP codes, quotes for standard limits fall in the mid‑teens per month, but state risk, limits, and deductibles can swing prices meaningfully (Forbes Advisor; NerdWallet).
Both offer multi‑policy, protective‑device, and claims‑free discounts. To understand potential bundle savings, compare solo vs. bundled quotes (illustrative benchmarks: Allstate up to 25% for home+auto; Progressive average 23% for auto + property, which includes renters).
Use recent satisfaction signals (e.g., J.D. Power property claims trends) together with your state’s NAIC Complaint Index to decide which carrier aligns best with your expectations locally.
The Bottom Line
Expect baseline renters quotes in the low‑to‑mid teens per month for standard coverage in many states, with Nationwide typically competitive among large carriers (Forbes Advisor; NerdWallet; Policygenius). Given ongoing repricing and CPI‑tracked pressure in the renters’ insurance CPI series, re‑quote annually and normalize coverages across carriers. Bundling with auto and verifying protective‑device and claims‑free credits are the most reliable ways to lower premiums.
Nationwide’s coverage aligns with industry standards, with optional endorsements for higher limits and specialty risks. Satisfaction indicators have begun to stabilize in 2025, but complaint levels vary by state and line; consult the NAIC index and recent J.D. Power findings to inform your decision.
