Nationwide is a name that figures among the largest insurance and financial services companies in the world. This company operates on a wide spectrum of services like domestic property insurance, casualty insurance, life insurance and retirement savings, in addition to asset management and strategic investments. Nationwide started off as a small mutual auto insurer into its present status over 80 years of consistent service to car owners and drivers. The statutory assets of Nationwide exceed $135 billion. Sponsored by Farm Bureaus, Nationwide continues to enjoy the support of eight of them even today.
History of Nationwide
1925 – Founded as Farm Bureau Mutual Automobile Insurance Company by the Ohio Farm Bureau Federation with the aim of providing farmers with quality auto insurance at low rates.
1928 – Sponsored by local organizations, Farm Bureau Mutual Automobile Insurance spreads its wings to other states such as Delaware, Maryland, North Carolina, Vermont and West Virginia.
1934 – Business diversifies into insuring metropolitan motorists along with beginning to offer property insurance.
1943 – Expands business in 12 states and the District of Columbia.
1955 – With the addition of 20 states to their business, the company goes for a name change to Nationwide Insurance.
1978 – Establishes the International Headquarters at Central Ohio in the largest single office a 40 story building in Central Ohio.
1982 – Nationwide acquires Farmland Insurance, the 100 year old company and America’s leading farm insurer and the company is now known as Nationwide Agribusiness Insurance.
1997 – Nationwide Financial – the company becomes a public holding company.
2000 – Nationwide Arena starts National Hockey League franchise of Columbus Blue Jackets.
2007 – Opening of Nationwide Bank
The board of Nationwide Mutual Insurance Company today works with a spirit of continuous improvement and is committed to accountability and to maintain the highest standards of performance and professionalism. Customers can address their concerns or complaints to Nationwide Office of Ethics and Business Practices on phone or by writing or by fax.
Nationwide Car Insurance
You can get online car insurance quotes and the coverage that suits you. The coverage includes 100 percent repair guarantee for the entire period of your ownership of the car and their Blue Ribbon Claim services are available nationwide 24 hours of the day 7 days of the week. You can also get free On Your Side Reviews that help you in choosing the right coverage options and discounts for lifetime. Nationwide provides a better claims experience you can save a lot by availing discounts for insuring both your home and car with the company.
Advocacy
With its long legacy as a champion of safety, the company has been advocating the use of seat belts, air bags and interlock devices and to reduce drunken driving. Their campaign has resulted in the increase in the use of seat belts from 61 to 82 percent and reduced the airbag related death of children by 96 percent. Nationwide reaches out to the people to educate them about safety and works with auto manufacturers and safety advocates for exploring ways to make roads and cars safer.
Philanthropy
Nationwide Foundation contributed $50 million for the establishment of Columbus Children’s Hospital in 2006 which was renamed Nationwide Children’s Hospital to honor the gift. The company also partners with Mid-Ohio Food Bank to provide food to the citizens in Ohio. Their efforts also help to feed food pantries in 20 countries. Their associates organize local fund raising events for supporting the food banks.