Home Insurance Nationwide vs. Amica: Which should you choose for home insurance in 2024? Insure.com’s side-by-side comparison of Nationwide and Amica is based on customer surveys and third-party ratings to help you find the best fit for your family. View Carriers Please enter valid zip Compare top carriers in your area Written by Jessica Olson Reviewed by Leslie Kasperowicz Leslie Kasperowicz Leslie Kasperowicz is an insurance educator and content creation professional with nearly two decades of experience first directly in the insurance industry at Farmers Insurance and then as a writer, researcher, and educator for insurance shoppers writing for sites like ExpertInsuranceReviews.com and InsuranceHotline.com and managing content, now at Insurance.com. Posted on: July 22, 2024 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. Nationwide and Amica are two of Insure.com’s Best Home Insurance Companies for 2024. While both are solid companies, each has pros and cons, and we’ve summarized them here so you can make a side-by-side comparison and find the best fit for your home insurance needs. Nationwide came in seventh of all the carriers analyzed, with an overall Insure.com score of 3.9 out of 5 stars and a high percentage of customers who plan to renew. Nationwide has an excellent AM Best score of A, indicating financial solvency and ability to pay claims. Amica earned second place in the survey, with 4.6 out of 5 stars. It is also highly recommended by its customers and has the cheapest rates of all the carriers at $2,000 annually. Amica has a superior AM Best rating of A+. Key Takeaways Amica has cheaper average annual rates at $2,000 compared to Nationwide at $2,746. A high percentage of Nationwide customers recommend it to others at 90%, with Amica not far behind at $88%. Both companies offer home insurance in most states. Insure.com compares Nationwide vs. Amica: Which is better for you? We’ve compiled data on Nationwide and Amica to help you compare these two companies side by side. Based on a survey of Insure.com’s customers as well as third-party rating agencies such as AM Best and the National Association of Insurance Commissioners (NAIC), you can see how Nationwide and Amica stack up and which company might be the best fit for you. Which company is best for you depends on what you value most. Amica has the lowest rates of the companies we ranked, well below the national average. However, Nationwide scored better on most of the customer service metrics, including claims handling, making it a good pick if price isn’t your main consideration. Insure.com comparison of Nationwide vs. Amica The table below summarizes multiple data points for Nationwide and Amica so you can compare them at a glance. Both companies have high overall ratings on Insure.com’s 2024 Best Home Insurance Companies ranking and comparable customer satisfaction ratings. Amica scores a little better in a few of these categories. It has a higher overall Insure.com rating, cheaper rates, and a lower NAIC rating, which means fewer complaints. Amica also has a superior AM Best score. It’s also available in more states than Nationwide. Nationwide scores slightly higher for customer satisfaction and more customers recommend it to others. NationwideAmicaInsure.com overall rating (out of 5 stars)3.94.6Best forRecommendation by current customersCheapest ratesAverage premium $2,746$2,000Customer satisfaction rating4.14.0NAIC rating0.870.23AM Best ratingAA+State availabilityAll states except AK, HI, NM, LA, FL, NJ, MAAll states except AK and HI Nationwide vs. Amica: Home insurance overview The table below shows how each carrier scored in all major categories of the Insure.com Best Insurance Companies ranking, which included a survey of home insurance customers. The percentage of those customers who said they were satisfied in each category is presented here. Nationwide leads the way in most of these categories except for price. NationwideAmicaDiscounts47%36%Claims handling77%63%Customer Satisfaction74%70%Cheapest rates7th of all companies surveyed- $2,764 annually1st of all companies surveyed- $2,000 annuallyRecommended to others90%88% Nationwide vs. Amica: Pros and cons The chart below compares some of the pros and cons of Nationwide and Amica, according to our analysis of the data and survey results. NationwideAmicaProsProsA wide array of discountsCheapest ratesHighly recommended by current customersLow complaint volumeConsConsRates above the national averageLower score for digital experienceLower score for digital experienceLower score for claims handling Nationwide vs. Amica: Which has the cheapest home insurance rates? The table below shows the rates for different coverage levels for Nationwide and Amica. For all coverage levels, Amica offers the cheapest annual rates, even as you get into $1M in dwelling coverage. Nationwide vs. Amica: Rates by coverage level Coverage level Nationwide average ratesAmica average rates$200,000 with $1,000 deductible and $100,000 liability $2,013 $1,473 $200,000 with $1,000 deductible and $300,000 liability $2,028 $1,491 $300,000 with $1,000 deductible and $100,000 liability$2,724 $1,982 $300,000 with $1,000 deductible and $300,000 liability $2,746 $2,000 $400,000 with $1,000 deductible and $100,000 liability$3,455 $2,423 $400,000 with $1,000 deductible and $300,000 liability $3,483 $2,441 $600,000 with $1,000 deductible and $100,000 liability $5,147 $3,313 $600,000 with $1,000 deductible and $300,000 liability$5,190 $3,331 $1,000,000 with $1,000 deductible and $100,000 liability$8,449 $5,097 $1,000,000 with $1,000 deductible and $300,000 liability$8,519 $5,117 Nationwide vs. Amica: Rates by credit history Insure.com compiled rates for different credit scores in the table below. Amica has the cheapest rates for all credit score categories, though Nationwide doesn’t jump up quite as high as some other carriers for fair and poor scores. Credit scoreNationwide average ratesAmica average ratesExcellent$2,731 $1,159 Good$3,119 $1,302 Fair$3,479 $1,448 Poor$4,762 $2,177 Nationwide vs. Amica: Customer satisfaction According to our survey of insurance customers for the 2024 Best Insurance Companies ranking, 74% of Nationwide customers report being satisfied, while 70% of Amica customers said the same. CompanyPercentage of customers who are satisfiedNationwide74%Amica70% Nationwide vs. Amica: Discounts The table below shows what discounts each carrier offers. Nationwide has the most discounts in total; however, which discounts apply to you will determine which is the better choice. Discount typeNationwideAmicaMulti-policy/bundlingYYAdvanced quote/purchaseYNSecurity/alarm systemYYProtective devicesYYLoyaltyYYAutopayYYPaid in fullYYPaperless billing/documentsYYNew/upgraded roofYYNew homeownerYYNew customerYNHome renovationYYSmart homeYYNew home (new construction)YYGreen certificationsYN Which has a bigger auto and home discount? One of the most common types of discounts that insurance companies offer is auto and home bundling, which involves buying both policies with the same carrier. The table below shows that both carriers offer an 18% bundling discount. CompanyAverage auto-home bundle discount percentageNationwide18%Amica18% Nationwide vs. Amica: Claims processing Nationwide scored higher in this category — 77% of customers surveyed said they were satisfied with how their claims were handled. This is an important factor when deciding which carrier to choose. CompanyPercentage of customers who are satisfiedNationwide77%Amica63% The bottom line: Nationwide vs. Amica Nationwide and Amica are two solid, financially stable companies. Amica has lower prices and a lower complaint ratio while Nationwide has higher customer satisfaction scores and more discounts. Neither is available in every state, so that may factor in your decision. Comparing carriers and shopping around is the best way to get the best rates and find a carrier that best fits your needs. Methodology Insure.com in the fall of 2023 surveyed more than 1,750 insurance consumers (1,151 people with home insurance). The survey was conducted by online market research company Slice MR. Respondents were asked to name their home insurer and then grade it in the following categories: customer satisfaction, ease of service, claims satisfaction and policy offerings. The percentage of respondents who said they were satisfied or very satisfied with their insurer is presented in the results. Respondents were then asked to pick their insurer’s top three attributes out of more than a dozen presented – including digital experience, discounts best for auto/home bundling and best for discounts. The number of responses for each attribute were totaled before dividing by the number of each company’s customers who responded to that survey question to create a percentage. Respondents were then asked if they would recommend their home insurer to someone else and if they planned to renew their policies. The percentage who said yes is presented in the results. Finally, respondents were given the statement “I trust my insurance company” and asked if they strongly agreed, agreed, disagreed or strongly disagreed with the statement. The percentage of those who said they agreed or strongly agreed is presented in the results. The editors compiled the survey results and then selected – based on the number of survey responses – the top companies for further evaluation. They then collected AM Best data, which measure financial strength, and National Association of Insurance Commissioners’ complaint data, which ranks a company by the number of customer complaints it receives. The Insure.com team identified the NAIC company code or codes that were the primary underwriting companies for each carrier and line of business using total annual premiums. The associated NAIC complaint index score was used in the calculations. If more than one underwriting company was identified for a line, the editors used a weighted average of the NAIC complaint index scores. They also collected insurance rate data from Quadrant Information Services. With the help of Prof. David Marlett, Ph.D., Managing Director of the Brantley Risk and Insurance Center at Appalachian State University, the editors created a rating system to determine which insurance companies were best in each sector. For home insurers, we took the following and gave each a weight. Survey: 40% of the total score (10% customer satisfaction, 10% recommended, 10% renewal rate and 10% claims handling) AM Best: 25% of total score Annual premium: 20% of total score NAIC: 15% of total score Each insurer was awarded between half a star and 5 stars. No company in the ranking received less than half a star in any category, and 5 stars was the most any insurer could receive. In case you missed it What is HO-6 condo insurance and how much does it cost? Average homeowners insurance cost by ZIP code in 2024 What is dwelling coverage and how much do you need? Personal liability insurance: What it is and why you need it Renters insurance quotes: Compare rates Hurricanes and home insurance: How hurricane insurance works How replacement cost coverage works when you file a claim How much do claims increase home insurance rates? Mobile home insurance cost and coverage in 2024 Homeowners insurance basics Home Insurance Advisor Cheapest homeowners insurance in 2024 How much flood insurance do I need? How to bundle home and auto insurance policies to save money The largest home insurance companies by market share Home insurance discounts for cheaper rates How much does dog liability insurance cost and do you need it? Do you have an emergency go-bag? Most Americans don’t 1/1 Related Articles Condo insurance calculator: Estimate the cost of coverage By Jessica Olson How to file a successful mold claim By Chris Kissell Cost of living comparison by state By Chris Kissell Home insurance for older homes with knob and tube wiring By Erik Martin How to switch home insurance By Leslie Kasperowicz Cheapest homeowners insurance in 2024 By Chris Kissell On this page Insure.com compares Nationwide vs. Amica: Which is better for you?Insure.com comparison of Nationwide vs. AmicaNationwide vs. Amica: Home insurance overviewNationwide vs. Amica: Pros and consNationwide vs. Amica: Which has the cheapest home insurance rates?Nationwide vs. Amica: Customer satisfactionNationwide vs. Amica: DiscountsNationwide vs. Amica: Claims processingThe bottom line: Nationwide vs. Amica Get instant quotes now ! Please enter valid zip Get Quotes