Nationwide Home Insurance: Coverage, Benefits and FAQs

Home insurance is an essential part of protecting your home and your family’s financial future. It provides coverage for unexpected events such as theft, fire, and natural disasters. Nationwide is one of the top home insurance providers in the United States. This journal article will cover the benefits and coverage of Nationwide home insurance, as well as provide answers to frequently asked questions.

What is Nationwide Home Insurance?

Nationwide is an insurance company that offers a range of insurance products, including home insurance. The company was founded in 1926 and is headquartered in Columbus, Ohio. Nationwide home insurance provides coverage for your home, personal property, liability, and additional living expenses.

Nationwide offers three levels of home insurance coverage:

Level of Coverage
What’s Covered
Basic
Damage caused by fire, theft, vandalism, lightning, and other perils
Plus
Everything covered in the Basic plan, plus damage caused by falling objects, water damage, and more
Elite
Everything covered in the Plus plan, plus coverage for high-value items, such as jewelry and fine art

Benefits of Nationwide Home Insurance

Here are some benefits of Nationwide home insurance:

Customizable Coverage

Nationwide home insurance allows you to customize your coverage based on your individual needs. You can add coverage for high-value items or increase your liability coverage, among other options.

Bundling Discounts

Nationwide offers bundling discounts when you purchase multiple insurance policies from them. If you have car, life, or other insurance policies with Nationwide, you can save money on your home insurance.

24/7 Claims Service

Nationwide offers 24/7 claims service, so you can file a claim anytime, anywhere. Their claims representatives are available to assist you with any questions or concerns you may have.

Discounts for Home Safety Features

If you have a security system or smoke detectors in your home, you may be eligible for a discount on your home insurance premium with Nationwide.

What Does Nationwide Home Insurance Cover?

Nationwide home insurance provides coverage for the following:

Home and Personal Property

Nationwide home insurance covers damage to your home and personal property caused by perils such as fire, theft, vandalism, and natural disasters. It also covers additional living expenses, such as hotel and food costs, if you need to evacuate your home due to a covered loss.

Liability

Nationwide home insurance provides liability coverage in case someone is injured on your property or if you damage someone else’s property. It also covers legal fees associated with a covered claim.

Medical Payments

Nationwide home insurance covers medical payments for someone who is injured on your property, regardless of who is at fault. This coverage can help prevent a lawsuit from being filed against you.

FAQs

How Much Does Nationwide Home Insurance Cost?

The cost of Nationwide home insurance depends on a variety of factors, including the level of coverage you choose, the location of your home, and your credit score. On average, Nationwide home insurance costs around $1,500 per year.

How Do I File a Claim?

You can file a claim with Nationwide by calling their claims hotline or logging in to your online account. Be sure to have your policy number and information about the incident that caused the damage.

What Discounts are Available?

Nationwide offers a variety of discounts, including bundling discounts, home safety feature discounts, and claims-free discounts. Talk to a Nationwide agent to see which discounts you may be eligible for.

What is the Claims Process?

The claims process with Nationwide typically involves filing a claim, having a claims representative assess the damage, and receiving payment for the covered loss. The length of the claims process can vary depending on the severity of the damage and other factors.

Is Flood Insurance Covered?

No, flood insurance is not included in Nationwide’s home insurance policies. However, you can purchase flood insurance through the National Flood Insurance Program.

In conclusion, Nationwide home insurance provides comprehensive coverage for your home, personal property, liability, and more. With customizable coverage and a variety of discounts available, Nationwide is a great option for homeowners looking to protect their property and financial future.