Auto Insurance · Head-to-head
Farmers vs Nationwide: Which auto insurance wins?
Side-by-side comparison of Farmers and Nationwide auto insurances — APR ranges, credit floors, application speed, and editorial verdict.
Farmers
New Car Replacement coverage (free for the first 24,000 miles or 2 model years) is unique among the top-10 carriers — if you total a new car, Farmers buys you a brand-new replacement, not just depreciated value. Premiums run 30-40% above GEICO so this is a niche pick for new-car buyers.
Nationwide
SmartMiles pay-per-mile policy is the most aggressive pay-as-you-drive program among the top-10 carriers — under 8,000 miles/year drivers can save 30-50% vs. flat-rate competitors. Vanishing Deductible rider knocks $100/year off your deductible for each clean-driving year (up to $500).
In plain English
Nationwide wins on both dimensions — lower APR floor (undefined% vs undefined%) AND lower credit floor (null+ vs null+ FICO). Farmers can still be the better fit when application speed or loan-amount ceilings matter more — see the verdicts below.
Side-by-side breakdown
| Feature | Farmers | Nationwide |
|---|---|---|
| APR range | — | — |
| Min credit score | — | — |
| Loan amount | — | — |
| Term length | — | — |
| Overall rating | 4.1/5 | 4.3/5 |
| Rates & APR score (40%) | 3.9 | 4.2 |
| Loan terms score (25%) | 4.3 | 4.4 |
| Application score (20%) | 4.0 | 4.3 |
| Support score (15%) | 4.2 | 4.4 |
APR range
Farmers
—
Nationwide
—
Min credit score
Farmers
—
Nationwide
—
Loan amount
Farmers
—
Nationwide
—
Term length
Farmers
—
Nationwide
—
Overall rating
Farmers
4.1/5
Nationwide
4.3/5
Rates & APR score (40%)
Farmers
3.9
Nationwide
4.2
Loan terms score (25%)
Farmers
4.3
Nationwide
4.4
Application score (20%)
Farmers
4.0
Nationwide
4.3
Support score (15%)
Farmers
4.2
Nationwide
4.4
Editor verdicts
Why we rate Farmers 4.1/5
New Car Replacement coverage (free for the first 24,000 miles or 2 model years) is unique among the top-10 carriers — if you total a new car, Farmers buys you a brand-new replacement, not just depreciated value. Premiums run 30-40% above GEICO so this is a niche pick for new-car buyers.
Why we rate Nationwide 4.3/5
SmartMiles pay-per-mile policy is the most aggressive pay-as-you-drive program among the top-10 carriers — under 8,000 miles/year drivers can save 30-50% vs. flat-rate competitors. Vanishing Deductible rider knocks $100/year off your deductible for each clean-driving year (up to $500).
Who should pick which?
Pick Farmers if…
- You trust Farmers's 4.1/5 editorial score.
Pick Nationwide if…
- You prefer a fast, soft-pull-friendly online application.
- You want flexible loan terms and amount ranges.
Keep comparing