According to a survey, Ohio’s traffic laws are among the worst in America. This has an impact on the roads in Toledo.
The city’s county, Lucas County, has more than 4000 accidents per year and 49 deaths in 2020 according to the Ohio State Police. Intoxicated driving arrests were also made in the county that year. The annual average premium for full and minimum coverage in Ohio is $420. The cost of car insurance is cheaper than the national average, even though it is higher than the Ohio average.
Best car insurance companies Toledo
We compared the websites of Toledo car insurance companies for their ease-of-use and compared them with J.D. Power – This measures customer satisfaction. We considered average premium costs and the range of discounts that could keep them below average.
Auto-Owners
J.D. ranks Auto-Owners third in J.D. Power’s overall customer satisfaction ranking places Auto-Owners third. This shows that Power values their policyholders. You can choose from liability, collision, comprehensive, and gap payments. There are also options like roadside service, gap payment, and personal Auto Plus packages that include identity theft and lockout coverage. Auto-Owners offers many ways to save money, including discounts for bundling and safety features, students who are good, and other benefits.
Erie
Erie’s annual minimum and full coverage costs are $1,074 and $317 respectively. This is lower than the Toledo average. There are robust coverage options available, including pet coverage and full-glass coverage. You can also sign up for roadside assistance and locksmith services. Personal items coverage pays for the loss of personal belongings in an accident. Erie’s Rate Lock feature ensures that your rates do not rise after a claim is filed.
Hastings Mutual
Hastings Mutual, a regional insurance company that has been writing policies in the Midwest for over 1885, is Hastings Mutual. Hastings auto insurance includes liability as well as collision, comprehensive, and uninsured/underinsured motorist coverage. There are a few additional options, such as travel interruption coverage and loss-of-use and diminished value coverage for rented cars. There are a few discounts offered by the company, including multi-policy, claims-free, and defensive driving discounts.
State Farm
State Farm is well-known because it offers extensive coverage at an affordable price. The average annual cost of coverage for Toledo drivers is $405 and $1.109 respectively. J.D. is close to the top with State Farm. Power’s customer satisfaction ranking is near the top of J.D. State Farm offers discounts that reward safe driving habits. These include the Drive Safe and Save program and Steer Clear which allows young drivers to get up to 15% off their premium.
USAA
USAA might be the best insurance company that you have never heard of, unless you are a veteran or in the military. In which case you will probably already know about its great coverage options and affordable prices. USAA is only available to military families. However, we recommend that you visit the company first for a quote if you are in this group. The average premium for Toledo drivers was $295/year for minimum coverage, and $907/year for full coverage. This is the lowest of all our Toledo car insurance quotes. J.D. ranks USAA at the top. Power has a high customer satisfaction rating and is known for its outstanding customer service.
The cheapest car insurance in Toledo
The average premium for car insurance in Toledo is $420 annually and $1,195 annually for full and minimum coverage. This premium is much higher than the overall Ohio averages of $321 and $11,119 annually. However, Toledo’s car insurance costs are much lower than the national averages of $563 or $1,738 per year.
USAA, Erie, and State Farm all make our “best-of” list because they offer more than just the best car insurance in Toledo. They also provide above-average customer service, responsiveness, as well as excellent financial stability ratings.
Geico excels in low prices. A large discount list also helps to lower prices. Geico and Allstate are not as well-ranked as the other companies on J.D. Power’s listing is not as high as the others on J.D.
Toledo insurance requirements
Ohio’s minimum requirement is that you have a 25/50/25 insurance policy. This means that you need enough insurance to ensure your insurer pays the following maximum amounts in case of an at-fault incident:
- $25,000 bodily injury (BI), liability for one person’s injuries
- For all injuries sustained in one accident, $50,000 total BI liability
- $25,000 Property Damage (PD) Liability, to cover damages to other cars and property such as fences or light posts.
Your lender may require that you have collision and comprehensive coverage if you lease or finance your vehicle. Insurance experts recommend you buy additional liability to protect yourself in the event of a serious accident resulting in costly injuries or damage.
Toledo car insurance discount
You can save a lot on your insurance by getting discounts.
- Safe driver discounts: Insurance companies use small devices (with your consent) to install in your car and telematics technology for real-time data about your driving habits. You can save a lot if you’re a careful and safe driver.
- Paperless discount: It is possible to save a little money by agreeing to receive documents via email instead of postal mail. Electronic payments can save you money.
- Discounts for students: Many insurance companies offer discounts to young drivers and teens who have completed defensive driving courses. Students who get good grades in school may be eligible for discounts.
- Bundling: Most insurers offer a small discount on both your premiums if homeowners or renters are included in the bundle.
- Safety features: Discounts can be earned for anti-theft devices and anti-lock brakes.
Questions frequently asked
Which is the best auto insurance company?
Insurance is individual and dependent upon your needs. The best auto insurance companies might not be right for you. Before you compare the quotes of the best providers in your area, make sure to research the coverage options. To learn more about the company’s reputation on the market, make sure to read customer reviews.
What is the cost of car insurance in Toledo?
A car insurance policy in Toledo costs $420 annually for Ohio minimum coverage, and $1,119 per year for full coverage. Because there are many factors that influence each premium, such as your age, credit rating, car make and model, and driving record, your cost may vary.
Does Toledo require no-fault insurance?
Ohio is considered an at-fault country. No-fault insurance is not required anywhere in Ohio, including Toledo. The driver who caused an accident is responsible for any damages.
