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Cheap Car Insurance Ohio: Everything You Need to Know

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When you need cheap car insurance Ohio, it can be helpful to compare prices among providers. Consider how much coverage each provider offers and the monthly rate.

What Is Cheap Car Insurance Ohio?

Cheap car insurance in Ohio is a monthly rate that fits within your budget, while still offering you the coverage you need. Insurance companies in Ohio consider many factors when determining rates, including:

  • Age
  • Gender
  • Driving record
  • Credit score
  • Location
  • Make and model of vehicle

    Different insurance companies weigh these factors differently. That is why you may receive drastically different quotes from multiple providers. Even things like your gender or your credit score can affect your rates.

    What Are Ohio’s Insurance Requirements?

    Whichever insurance company you choose, you want to buy a policy that meets Ohio’s minimum requirements. These are:

    • $25000 bodily injury liability per person
    • $50000 bodily injury liability per accident
    • $25000 property damage liability per accident

      This is the minimum insurance that every Ohio driver must carry. Other insurance types that you may consider include:

      • Comprehensive: Comprehensive covers damages to your vehicle that may be due to weather damage or theft.
      • Collision: Collision covers damages to your vehicle, even if you are at fault for an accident.
      • Loan/lease payoff: Loan/lease payoff will cover the difference between your insurance payout and the amount leftover on your loan or lease if your vehicle is totaled.
      • Medical pay: Medical pay will cover your medical costs, regardless of who is at fault for the accident.
      • Rental car reimbursement: Rental car reimbursement will cover the cost of a rental while you wait for your vehicle to be repaired or replaced.
      • Roadside assistance: Roadside assistance will cover any roadside services you need following an accident.
      • Uninsured/underinsured motorist bodily protection: Uninsured/underinsured bodily protection covers your medical bills if an uninsured or underinsured driver causes an accident.
      • Uninsured/underinsured motorist property protection: Uninsured/underinsured property protection covers your property damages if an uninsured or underinsured driver causes your accident.

        These are optional policies that you may choose to add to your policy. They may require a deductible, which is an amount that you will have to pay out of pocket before accessing your insurance benefits.

        How Do Traffic Violations Affect Insurance Rates in Ohio?

        If you have a less than perfect driving record, it may take a little more work to find cheap rates. According to The Zebra, you can expect an increase in rates with the following traffic violations:

        • DUI charge: A DUI charge can lead to, on average, a 54 percent increase in rates.
        • Reckless driving: A reckless driving charge can lead to, on average, a 67 percent increase in rates.
        • At-fault accident: An at-fault accident can lead to, on average, an 84 percent increase in rates.
        • Speeding charge: A speeding charge can lead to, on average, a 23 percent increase in rates.

          Even smaller charges, like failing to stop at a red light or distracted driving, can also lead to an increase in insurance rates. If you have traffic violations, you will usually find the best rates with insurance providers like State Farm, Westfield, Nationwide, and GEICO. If you have a DUI on your record, then you will usually find the best rates with State Farm and Progressive.

          Rates, however, will vary between providers and individual drivers. It is always a good idea to shop around and request quotes from each of these providers.

          How Much Do Teen Drivers Pay for Insurance in Ohio?

          Teen drivers pay the highest rates in Ohio. According to ValuePenguin, teen drivers pay as much as three times that of a driver in their 30s. 18-year-old drivers in Ohio pay, on average, $5216 per year. The cheapest providers for teen drivers in Ohio are usually with GEICO and State Farm. Teen drivers are also more likely to buy minimum coverage to save. However, it may be a better option to shop around and find an affordable full coverage rate.

          Teen drivers have the highest auto accident rates. Without enough insurance coverage, an at-fault accident can be a costly expense for a teen driver. They could be left paying for damages or medical bills out of pocket.

          When you combine a teen driver with another factor that increases rates, like a DUI or at-fault accident, rates can be even higher. While GEICO may be one of the cheapest providers overall, they are also known to increase their rates by much more following an at-fault accident than when compared to other insurance providers.

          Best Cheap Car Insurance Companies In Ohio

          If you’re looking for the best insurance companies in Ohio, consider one of the following:

          • State Farm: Average annual rate of $1065
          • Westfield: Average annual rate of $1426
          • Nationwide: Average annual rate of $1192
          • GEICO: Average annual rate of $1029
          • Erie: Average annual rate of $1769
          • Grange: Average annual rate of $1835
          • Progressive: Average annual rate of $1905
          • Allstate: Average annual rate of $2241

            These insurance rates are based on minimum coverage and data by ValuePenguin.

            Most Expensive Cities for Car Insurance in Ohio

            Your location in Ohio can also affect your rates. The differences are based on the level of risk in the area, often calculated by the number of policyholder claims. The most expensive cities in Ohio are the following:

            • Toledo: 41.4 percent than the state’s average
            • Cleveland: 41.3 percent higher than the state’s average
            • Columbus: 40 percent higher than the state’s average
            • Cincinnati: 38.4 percent higher than the state’s average

              Drivers in these areas may be able to offset costs by equipping their vehicles with an anti-theft device or parking their vehicles in a garage. Some drivers may also qualify for discount programs.

              Finding cheap car insurance in Ohio is possible if you shop around. Compare quotes between providers and find a monthly rate that fits your budget while still providing you with enough insurance coverage while navigating Ohio’s busy roads. Check this out if you need additional information, resources, or guidance on car insurance.

              Sources:

              Cheap Ohio Car Insurance I thezebra.com

              Who Has the Cheapest Insurance Quotes in Ohio? I valuepenguin.com

              Average Car Insurance Rates by Age and Gender: Everything You Need to Know I caranddriver.com

              Collision Deductible: Everything You Need to Know I caranddriver.com

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