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Nationwide was originally founded in the 1920s as Farm Bureau Mutual Automobile Insurance Company with the idea of offering farmers automobile insurance that was more commensurate with their driving habits at a time when many were being charged similar rates to their counterparts in densely-populated urban areas.
These rankings also looked at some smaller sectors of the industry including the growing field of pet insurance, which recently hit record levels—thanks to pandemic pet adoption— with more than $2 billion in total premiums sold in 2020 according to the North American Pet Health Insurance Association.
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