Nationwide Insurance is an Agents Program Partner.

Updated July 25, 2021

Nationwide became a Smart Choice Agents Program Partner in Virginia in March of 2019.  They provide direct sub-code appointments for eligible agencies for Personal Lines, Commercial Lines, and Farms with a broad and deep appetite for a variety of risks.  Agents may request all lines or just Commercial or Personal.  Nationwide offers sales incentives and profit sharing to sub code appointed agents.  Smart Start CL offers Nationwide Commercial & Farms; Smart Start PL will begin to offer Nationwide PL to Virginia agents in July 2021.

 

Appointment Eligibility

  • Minimum of 3 years of P&C Production
  • Minimum of Five Hundred Thousand P&C Business
  • Ability to write a minimum of $50,000 Annual DWP for each PL/CL Line

Appointment Production Commitment

  • Annual Personal Lines Production:  $50,000
  • Annual Commercial Lines Production $50,000

States Available

Nationwide is available in Virginia, DC, and most other states.

Base Commissions  See 2021 Commissions Schedule

  1. Nationwide Personal Lines Base Commissions:    
    1. New Business:  15%
    2. Renewals:         12%
  2. Nationwide Commercial Lines Base Commissions: 
    1. New Business:  Varies with Coverage–Averages 15%
    2. Renewals:  Varies with Coverage–Averages 15%

Bonuses and Profit Sharing

  1. Nationwide Exclusive Smart Choice 2021 Bonuses:
    1. NW Personal Lines: 2% Additional on all New Business written Jan 1 – Dec 31, 2021.  Paid at year-end.
    2. Commercial Lines:  3% Additional on all New Business written Jan 1 – Dec 31, 2021.  Paid at year-end.
    3. Smart Start Commercial Lines:  3% Additional on all New Business written Jan 1 – Dec 31, 2021.  Paid at year-end.
  2. Nationwide 2021 Profit Sharing
    1. Nationwide Personal Lines Profit Sharing Plan 2021 based on Growth and Profitability.
    2. Nationwide Commercial Lines Profit Sharing Plan 2021 based on Growth and Profitability.

Nationwide Resources for Agents