Nationwide vs. Noblr Reciprocal Exchange: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for auto insurance, Noblr Reciprocal Exchange offers significantly cheaper premiums than Nationwide
• Nationwide offers more discounts than Noblr Reciprocal Exchange
• Noblr Reciprocal Exchange tends to be a much less expensive option for drivers who have received a ticket within the last few years

Nationwide vs. Noblr Reciprocal Exchange: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? You've probably seen commercials and billboards from companies offering large discounts, but exactly how much money can you save by switching?

You've maybe even narrowed it down to Nationwide or Noblr Reciprocal Exchange for your next policy, but between the two, which company has more affordable rates for car insurance?

As you can see, Noblr Reciprocal Exchange is quite a bit cheaper than Nationwide, with prices averaging $79 per month compared to $170 with Nationwide when looking at the national average rates for insurance.

However, Noblr Reciprocal Exchange may not be the lowest or best option for every driver out there. Auto insurance companies vary their premiums depending on things like how clean your driving record is, where you live, how good your credit score is, how old you are, and a ton of other factors, so rates could vary drastically from person to person.

Luckily, we've broken down average premiums from both Nationwide and Noblr Reciprocal Exchange by a bunch of different rate factors, so read on to find out which carrier is the best for you.

Nationwide or Noblr Reciprocal Exchange: Average Car Insurance Rates by State

Nationwide and Noblr Reciprocal Exchange only compete against each other in Arizona, where Noblr Reciprocal Exchange offers the cheaper average prices. For Arizona residents, Noblr Reciprocal Exchange offers car insurance for $79 a month on average. Nationwide's average premiums come out to be over 70% more expensive, at $170 per month.

There's a lot more that goes into your auto insurance payment than just where you call home. Read on to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive insurance rates of any group on the road. Normally, that's because young, inexperienced drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

That being said, that doesn't mean teen drivers can't still save money on their auto insurance. For example, 18-year-old drivers pay an average of nearly $150 less a month by choosing Noblr Reciprocal Exchange over Nationwide. It's worth noting that Nationwide offers car insurance in 34 different states compared to Noblr Reciprocal Exchange's one, which can skew the average prices a bit, but the difference here is still considerable.

Even so, with both carriers, you'll see your rates lower significantly by the time you turn 25. For example, average prices for Nationwide policyholders decrease almost $250 and Noblr Reciprocal Exchange's premiums reduce about $200 over that time.

Which is the Best Company for Retired Drivers?

When it comes to insurance, patience and experience pay off, with drivers around retirement age paying some of the cheapest rates you can find.

So, which company offers the best premiums to retired drivers? Noblr Reciprocal Exchange gets the edge, with prices for drivers 65 and older $77 cheaper than the national average for Nationwide.

Which is the Best Company for Married Drivers?

You may not be aware, but car insurance premiums tend to be more affordable for married drivers than they are for those who are single. This usually boils down to married policyholders having more than one car on their policy -- something a lot of insurance companies will reward with discounts.

When it comes to relationship status, Noblr Reciprocal Exchange is the clear winner for single policyholders, with rates around $98 per month less expensive than Nationwide, on average. For married couples, the advantage is clear again - Noblr Reciprocal Exchange has the edge when it comes to average prices.

Nationwide vs. Noblr Reciprocal Exchange: Average Rates by Gender

Men are statistically more likely than women to get into accidents and file an insurance claim, which means they'll typically end up paying more for auto insurance than women.

Normally, men see premiums about 7% a month higher with Nationwide, while with Noblr Reciprocal Exchange, the difference is closer to 5% per month.

When it comes to the most affordable prices for each gender, Noblr Reciprocal Exchange offers the lowest average rates for both men and women, with average premiums $95 less for men and $87 cheaper for women.

Nationwide or Noblr Reciprocal Exchange: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

For most people, car insurance isn't the easiest topic to understand. There are a variety of different coverages that account for multiple different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause an accident.

The two most common policies that many drivers look at fall into two categories -- liability only (which provides property damage and bodily injury coverage for other drivers if you cause a collision) and full coverage (which generally refers to having comprehensive and collision coverages in addition to what you get with liability coverage).

If you're looking for state minimum liability limits, Noblr Reciprocal Exchange usually offers significantly more affordable rates of $46 compared to Nationwide's $112. When it comes to full coverage policies with similar limits, Noblr Reciprocal Exchange again has the edge, with policies around $100 a month cheaper than Nationwide, on average.

Is Nationwide or Noblr Reciprocal Exchange Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their auto insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

You'll probably end up paying more with collisions and tickets on your record, but which of these two carriers offers the most affordable prices to drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Nationwide policyholders can expect their premiums to go up an average of $24 per month if they get a ticket, while Noblr Reciprocal Exchange typically raises prices about $14 a month, on average.

But Noblr Reciprocal Exchange is usually the less expensive option for drivers both with a speeding ticket and with a clean record, offering rates that are 49% and 48% cheaper, respectively, compared to Nationwide.

Which Company is Best for Drivers After an Accident?

Nationwide drivers who get in an accident can expect to see their premiums rise by just under $55, while those who have insurance through Noblr Reciprocal Exchange will see around a $25 increase.

Overall, drivers who use Noblr Reciprocal Exchange end up with the cheaper prices after an accident, with monthly prices averaging $90 compared to Nationwide's $178.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple ticket or even a collision. For example, Nationwide increases average rates by over $100 per month -- that's over a 45% increase.

Noblr Reciprocal Exchange has the overall cheapest prices for drivers with a DUI on their records at $83 monthly, but it's worth noting that Nationwide's average rates come from 34 states compared to just one for Noblr Reciprocal Exchange, so the data may be skewed slightly.

How does Credit Score Impact Nationwide and Noblr Reciprocal Exchange Rates?

Did you know that many insurance companies take into account your credit score when calculating rates? This isn't always the case (for example, Michigan and California are two states that ban the practice entirely), but it does affect many policyholders out there.

Auto insurance carriers argue that those with good credit scores are more likely to pay their bills on time each month, which decreases the risk involved on their end, while the opposite is true for those with bad credit.

Looking specifically at Noblr Reciprocal Exchange and Nationwide, which carrier has the best premiums for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, you'll usually find a better deal with Noblr Reciprocal Exchange. Policyholders with "excellent" credit can save just under 65% compared to Nationwide, and those with "good" scores can also expect to see savings -- about $102 or 67% less expensive every month.

Which Company is Best for Drivers with Bad Credit?

Noblr Reciprocal Exchange typically offers lower rates than Nationwide when it comes to drivers with less-than-perfect credit. Drivers with "fair" credit pay around $78 a month less with Noblr Reciprocal Exchange compared to Nationwide, and those with "poor" scores normally save an average of about $101 per month.

Is Nationwide or Noblr Reciprocal Exchange Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a substantial impact on your monthly car insurance cost. Generally, those who drive fewer miles will end up with more affordable prices since there's less of a chance of getting into an accident and causing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Noblr Reciprocal Exchange charges. However, there's a small difference in monthly premiums for Nationwide, with policyholders who drive 6,000 miles annually paying around $1 less each month compared to those who drive 12,000 miles yearly. Still, Noblr Reciprocal Exchange is the cheaper option for drivers in both categories.

Nationwide vs. Noblr Reciprocal Exchange: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can play a large role in how much you pay for insurance. Normally, those who live in rural areas will pay less than drivers in urban areas because there are a lot fewer vehicles on the road in those areas, which lowers the chances of an accident.

When comparing these two companies side-by-side, Noblr Reciprocal Exchange generally comes out as the cheapest option for drivers in all areas, regardless of if they're urban, suburban, or rural.

If you live in a rural area, you can expect to save about 54% with Noblr Reciprocal Exchange compared to Nationwide. Drivers in suburban ZIP codes pay around 56% less with Noblr Reciprocal Exchange compared to Nationwide. In urban areas, Noblr Reciprocal Exchange's average premiums are about 51% less than Nationwide.

Nationwide vs. Noblr Reciprocal Exchange Discounts

You want to save as much money as possible, right? The best way to do that is by utilizing as many auto insurance discounts as you can.

But where do you even start? With what seems like a million different discounts out there, it may be difficult to find all the ones you can take advantage of.

In the table below, we've taken a look at all of the different discounts Nationwide and Noblr Reciprocal Exchange offer their customers so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Nationwide knocks Noblr Reciprocal Exchange out of the park when it comes to the sheer number of discounts available, offering 14 more discounts than Noblr Reciprocal Exchange.

Both carriers offer a lot of the same discounts -- like discounts for being a good driver, discounts for being a homeowner, and multi-policy discounts -- but Nationwide also offers advance quote discounts, agency transfer discounts, anti-theft discounts, and more that Noblr Reciprocal Exchange does not.

On the flip side, Noblr Reciprocal Exchange has a couple unique discounts of its own -- advantage technology discounts, continuous insurance discounts, education discounts, and more.

Final Thoughts: Is Nationwide or Noblr Reciprocal Exchange Best for You?

So, we've broken down the average prices for many of the factors insurance companies look at, and walked through the different discounts each company offers, too. But, at the end of the day, which carrier is the right one for you and your specific needs?

Noblr Reciprocal Exchange might be best for you if....

• You live in one of the following states: Arizona.
• Your neighborhood is in the suburbs.
• You and your spouse are buying car insurance together.

Nationwide might be best for you if...

• You're thinking about moving to another state -- Noblr Reciprocal Exchange is only available in AZ.
• You're looking for discounts -- Nationwide has the most.

We hope this guide helps you get a good idea of the differences between Nationwide and Noblr Reciprocal Exchange and that you can now make a more informed decision when it comes to your auto insurance.

At the end of the day, the best way to make sure you're getting the best deal on your car insurance policy is to compare quotes from several carriers, not just Nationwide and Noblr Reciprocal Exchange. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get multiple quotes from some of the best insurance companies in your area, all for free.

Nationwide vs. Noblr Reciprocal Exchange FAQs

Is Nationwide or Noblr Reciprocal Exchange cheaper?

Looking just at the national average premiums, Noblr Reciprocal Exchange is the more affordable of the two carriers, offering average rates of $79 per month compared to $170 for Nationwide. However, Noblr Reciprocal Exchange won't necessarily be the most affordable company for every driver, since there are several different variables that come into play when it comes to your auto insurance bill.

Who is better, Nationwide or Noblr Reciprocal Exchange?

Sadly, the answer truly is "it depends.". Neither carrier is "better" for everyone -- it all depends on what your unique insurance profile looks like.

Why do Nationwide and Noblr Reciprocal Exchange offer me different rates?

Car insurance companies take a look at several different factors when determining the rates they charge policyholders. Variables such as gender, where your home is, age, your driving record, and sometimes even things like your credit score can all come into play. Both Nationwide and Noblr Reciprocal Exchange use different formulas, so each one will most likely offer different prices. The only real way to see which company is the lowest for you is by comparing personalized quotes from lots of different carriers.

How do I know if Nationwide or Noblr Reciprocal Exchange is right for me?

The only way to find the auto insurance carrier that's right for you is by getting quotes from a handful of companies and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once and you'll get free quotes from dozens of the best insurance carriers in your area. That way, you can guarantee you're getting the best premium. And who knows, the best company for you might not be Nationwide or Noblr Reciprocal Exchange at all!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.