Nationwide began as a mutual insurance company (owned by policyholders) to provide auto insurance to farmers in Ohio. The company started in Columbus as the Farm Bureau Mutual by eight farm bureaus in 1925 and sold its first policy a year later. With the help of locally based organizations, it began expanding within two years into five states: West Virginia, Maryland, Delaware, Vermont and North Carolina. By 1943, the company was operating in 12 states and the District of Columbia.
Nationwide continued to expand over the next dozen years. And it became obvious that Farm Bureau Mutual had outgrown its original goals as well as its name. In 1955, after a western expansion that included another 20 states had been completed, the company changed its name to Nationwide Insurance.
In 1978, Nationwide completed its 40-story international headquarters in Columbus, Ohio. The structure remains the largest single office building in Central Ohio.
Nationwide Corp., a wholly owned subsidiary of Nationwide Mutual Insurance Co., has been a private company since 2009 when it bought the outstanding shares of common stock of its subsidiary Nationwide Financial Services that it didn't own already.
In 1950, Nationwide became the first auto insurance company to offer a discount to policyholders who completed a driver safety course and, in 1963, it was the first automobile insurance company to offer an incentive for its drivers to wear their seat belts.
Nationwide's discounts include safe driving, anti-theft devices, good students and family members living in the same house. It also offers a vanishing deductible program.
You can insure your boat, motorcycle, scooter, moped and RV with Nationwide as well, among other lines.