Nationwide Insurance lowering Ohio car insurance rates 10 percent for new customers

Existing customers also benefit based on eligibility

 

FOR IMMEDIATE RELEASE
March 10, 2011

Contact:
Elizabeth Giannetti 614-249-7705
giannee@nationwide.com

Columbus, OH — Nationwide Insurance Company announced it is lowering car insurance rates in Ohio 10 percent for new customers. The rate change went into effect earlier this week. The company is also offering savings on auto insurance rates for current customers who meet eligibility requirements.

“As consumers struggle with an uneven economic recovery and other financial pressures, it’s nice to be in a position to offer Ohioans a break,” said Eric Smith, Midwest Regional Vice President for Nationwide Insurance.

Hundreds of thousands of eligible Nationwide customers will automatically save on their auto insurance when they renew their Nationwide policies and base rates on car insurance for new customers will be lowered by as much as 10 percent.

“For our eligible long-term, loyal customers, we’re implementing a premium reduction and we’re taking rates down for new customers so that they’ll find it even more affordable to receive Nationwide's outstanding customer service,” Smith added.

In addition to lower auto rates, popular features, such as Vanishing Deductible and Accident Forgiveness, are being offered at a lower price. Multi-line discounts are also being increased to provide additional savings for eligible customers.

Those seeking to purchase auto insurance can call a local agent, Nationwide at 877-316-9928 or go to www.nationwide.com.

About Nationwide
Nationwide, based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by A.M. Best. The company provides a full range of personalized insurance and financial services, including car insurance, motorcycle, boat, homeowners, life insurance, farm, commercial insurance, administrative services, annuities, mortgages, mutual funds, pensions, long-term savings plans and health and productivity services. For more information, visit www.nationwide.com.

_{Nationwide, On Your Side, and the Nationwide Framemark are service marks of Nationwide Mutual Insurance Company.}