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Updated RecentlyNationwide Insurance Cost Comparisons
About Nationwide Insurance
NO LONGER FRANCHISING
Have you dreamed of starting a business? If you've dared to even think
about starting your own business, you undoubtedly have the drive and
skills it takes to do it. Still, you may have found yourself wondering:
Do I have enough experience?
Do I really have the resources?
Nationwide
Insurance offers several agency programs that help match you with
challenging, yet rewarding opportunities to determine your destiny,
income potential and career growth. We offer a competitive base salary,
plus bonus and commissions that can put you in the driver's seat.
Why Nationwide? When you choose to work with Nationwide, you choose more than an insurance company:
History
and reputation. You join a Fortune 200 company that's been hard at work
since 1925 and is known today as one of the world's largest insurance
and financial services companies.
Security. You have an A.M. Best A+
rated company behind you, with a proven track of excellence, more than
16 million policies and 35,000 associates.
Choice. You have access to a wide variety of products and services that will help you meet the diverse needs of your customers.
How it works?
Applying.
After a few interviews, you'll have the opportunity to spend a day in
an agent's office, so you get a firsthand view of what a Nationwide
agent's day-to-day career is like. Then we'll work together to decide if
the program is right for you.
Starting out. You'll work as an
employee in an established Nationwide office for 6- 24 months. During
this time we offer a competitive base salary, plus a performance-based
bonus and commissions.
Moving forward. After successfully completing
the program, you'll be eligible to participate in a more advanced agent
program, which will allow you to work more independently. And because we
know that launching a new business can be costly to get started, the
advanced agent programs are supplemented by additional financial
resources for which you may be qualified.
What you get?
Management
and marketing support. You need a team to run a business well. That's
why we provide you the support of a sales manager, technical trainer,
financial services specialist and/or sales support specialist-all people
who will help you do what you do better. We also help you to spread
awareness of your services through advertising and other marketing
support.
Compensation. To make owning a small business worth the
investment, it needs to be rewarding-and that's why we offer an
attractive compensation structure with a base salary and
performance-based bonus and commissions.
Franchise Opportunities
Below is a quick comparison of Nationwide Insurance against other franchises and business opportunities. For an in depth comparison of Nationwide Insurance with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
| Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
| Allstate Insurance | N/A | $50,000-$100,000 | ||
| Brightway Insurance | $5,000-$60,000 | up to 50% | $18,100-$173,500 | |
| Estrella Insurance | $10,000-$25,000 | 10% - 14% | 7% | $12,250-$84,000 |
| GlobalGreen Insurance | $10,000 | $36,000-$74,000 | ||
| Goosehead Insurance Agency | $25,000-$60,000 | 20%-50% | $41,500-$116,500 | |
| Mission Benefits | N/A | $50,000 | ||
| Pronto Insurance | $20,000-$40,000 | $52,925-$120,950 | ||
| Veronica's Insurance | $25,000 | 15%/25% | 2% | $23,700-$201,600 |
| We Insure | $25,000-$50,000 | varies | 3% | $46,010-$97,250 |