Nationwide Mutual Insurance Company History
Over the past 8 decades, Nationwide Mutual Insurance Company has evolved from asmall mutual auto insurer owned by policyholdersto a financialinsurance behemoth. Nationwide got their official start in 1925 when the Ohio Farm Bureau Federation incorporated the Farm Bureau Mutual Automobile Insurance Company to specifically provide farmers with affordable insurance coverage. In 1934, the company expanded to cover both motorists in metropolitan areas as well as adding property insurance to the product portfolio.After decades of serving both the original client base and expanding their insurance offerings, the year of 1955 ushered in the official name change toNationwide Insurance.
Nationwide has grown into a world class insurer and financial service provider where “honesty and integrity are the cornerstones of our foundation and these core values should never be compromised.” That philosophy is what contributes to the fair market value Nationwide insurance rates and the overall evolution of organization.
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