Nationwide

Nationwide protects over 5 million policyholders across auto, home, farm, and commercial lines, generating $33B in revenue from its Columbus, OH base. Despite ranking #10 in revenue, it surpasses #9 Hartford Financial Services in total policy count by 2 million, thanks to its farm bureau roots and broad product range. The mutual insurer’s combined ratio of 97.3% in 2023 undercuts the industry average of 101.5% for personal lines, reflecting disciplined underwriting. Its “on your side” reputation is backed by a 4.2% premium growth rate, which is 1.1 points above the typical rival’s 3.1% increase for personal insurance. With a surplus of $18.7B, Nationwide offers strong financial stability for diverse coverage needs.