Ohio drivers pay $328 per year for full coverage, and $1,034 for full coverage. This is partly due to the large areas of Ohio that are rural, despite having over 8,000,000 licensed drivers. This could lead to lower accidents in some areas of Ohio.
The Buckeye State’s average car insurance rates are lower than the national average car insurance cost. However, it is possible to find the lowest car insurance in Ohio. Bankrate’s editorial team in insurance has done research that can help you find the right car insurance coverage at a lower cost.
Ohio’s cheapest car insurance company
Quadrant Information Services and Bankrate have partnered to provide the most current information on premiums for Ohio’s largest insurance companies. The average premium was then compared to available coverages, discounts, and third-party ratings.
These companies may be a good choice if you’re looking for the best affordable car insurance Ohio.
USAA
USAA does not offer coverage for everyone. It is available only to current and former military personnel, as well as immediate family members. However, the company offers the lowest average minimum coverage premiums and full coverage premiums. USAA may be able to provide you with a quote if you meet the eligibility requirements.
USAA’s low average premiums are not the only reason why it is highly rated for customer satisfaction. The company is not eligible for an official J.D. USAA is consistently ranked high in power due to its eligibility restrictions. There are many ways you can save with USAA, such as discounts on new cars, garaging your car on a military base, and low annual mileage.
Erie
Erie offers a wide range of policy options, in addition to competitive rates. Ohio drivers may find this company a good option if they are looking for a low premium but not sacrificing coverage. Erie offers unique coverages such as pet coverage, glass repair and locksmith services, personal property coverage, and many other options.
Erie offers discounts such as usage-based savings, and lower rates for drivers who live with their parents under 21. Erie offers a rate lock guarantee. This means that your premium will not rise unless you make any changes to the policy like adding a driver or car. Erie also offers a decreasing deductible program, which will reduce your deductible by $100 per claim-free policy year up to $500.
State Farm
State Farm is the biggest personal auto insurance company within the country. State Farm’s average rate is still lower than Ohio’s, despite having the highest prices on our list. State Farm is a great choice if you prefer to deal with your insurance needs personally, as it has a network that allows them to sell their products.
There are two safe driving programs offered by the company. Drive Safe & Save is geared towards adults while Steer Clear is for teens. Savings can also be made by State Farm for being a safe driver, or installing certain safety features on your vehicle.
Geico
Geico has one of the longest list of discounts available, in addition to its low average rates. Geico may offer discounts for certain safety features such as insuring a vehicle, purchasing multiple policies, or insuring more than one car.
Geico may be the right choice if you prefer to manage your insurance online or through a mobile application. Geico’s mobile app lets you file claims, make payments, and call for roadside assistance. The App Store has more than 2.7 million user reviews and a rating of 4.8/5.0. Google Play has received reviews from over 375,000 users, which gives the app an average score 4.7 out of 5.
Westfield
Westfield may be the right choice if you’re looking for an Ohio company with a rich history. Westfield is a large employer of Buckeyes and one of the largest state-owned companies. The company’s policies, however, are very basic and offer only a few customization options.
While Westfield’s full coverage average is higher than Ohio, there may be savings opportunities for you. However, no discounts are listed on the company’s website. You may be able identify savings opportunities through local Westfield agents
Minimum coverage requirements for Ohio drivers
Ohio, like most states, requires its drivers to carry at least minimum coverage levels for certain types of car insurance. You must have the following:
- $25,000 bodily injury liability per individual
- $50k bodily injury liability per accident
- $25,000 Property Damage Liability
There are many ways to satisfy Ohio’s financial accountability law. One way is to post a bond. However, car insurance is the most popular.
Although purchasing minimum coverage car insurance can mean that you pay a lower price, most insurance professionals recommend that you buy full coverage or higher liability limits. You are responsible for any injuries or damages you cause in an accident. You are responsible for any damages that exceed your liability limits. This could lead to financial hardship. You can get full coverage that includes collision and comprehensive coverage to cover damage to your vehicle.
How to Get Ohio Car Insurance at a Cheap Price
Ohio’s average car insurance rates are lower than the national average premium of $565 annually for minimum coverage and $1674 for complete coverage. There are many ways drivers can get Ohio car insurance at a lower price.
- Get discounts: Many car insurance companies offer discounts which could lower your premium. Take note of insurance companies that offer discounts that you are eligible for when you shop for insurance.
- Get multiple quotations: Consider getting quotes from different companies before you make a decision on an insurance provider. This will allow you to compare rates and determine which company offers the best rates. You may also wish to compare premiums and discounts.
- Increase your deductibles. Full coverage means you have both a deductible to cover your comprehensive and a deductible to cover your collision coverage. Your deductibles will increase your risk of having to pay more for damage to your car. However, it can reduce your premium. Insurance experts recommend that you pick a amount that you are able to afford in the event of a claim.
- Increase your credit score. Insurance companies consider your credit score when calculating the premium. A lower rate is generally charged to drivers who have good credit scores. This is because those with bad credit are more likely than others to file a claim. Your premium could be reduced by improving your credit score.
Each company has its own discount qualification and underwriting rules. It is often best to speak to a representative to find out if you are eligible for certain discounts.
Questions frequently asked
Which Ohio insurance policy is best?
There is no one best Ohio car insurance company for all drivers. Car insurance is a personal purchase. Each driver has their own needs. While some drivers want great customer service, others prefer the lowest rates. You might want to shop for car insurance by comparing different providers in order to find the best fit for you.
What happens if I don’t have car insurance
If you are not in compliance with the state’s financial responsibility laws, it is illegal to drive without insurance in Ohio. You could be fined and have your license suspended if you are caught driving with no insurance. You will be responsible for any damages or injuries you cause to others.
How can I get Ohio car insurance?
It is easy to purchase car insurance. You can get quotes online from some companies, but you might need to contact an agent or call the insurance company. It is necessary to enter basic information such as your name, address and date of birth. You can request quotes from several levels of coverage to determine what level best suits your needs and your budget.
What is the cost of car insurance in Ohio?
Ohio drivers pay an average $1,034 per month for full coverage auto insurance. This is roughly $86 per monthly. You could pay more or less than that state-wide average depending on your credit score, claims history, and age.