Nationwide Decreases Calif. Homeowners Rates

Columbus, Ohio-based Nationwide Insurance Company of America announced it is cutting homeowners insurance rates in California an average of 9.4 percent. The decrease takes effect today, Oct. 2, 2007.

Nationwide is also introducing a 20 percent discount for policyholders who insure their home and auto with the company, a 10 percent discount for those who have both a renters and an auto policy with the company, and a 5 percent discount for policyholders who have purchased a home within 12 months of their policy effective date.

“We encourage Californians to review their policies and call us to make sure their coverage meets their unique needs,” said Brett Tupps, regional vice president for Nationwide.

Source: Nationwide

Topics California Trends Pricing Trends Homeowners