Pricing and Costs of Auto Insurance in Ohio

Understand Ohio insurance law when comparing the pricing and costs of auto insurance in Ohio

Laws and regulations govern car insurance in Ohio. Understanding these laws can help you find the best rate when comparing the pricing and costs of auto insurance in Ohio. Ohio law requires that a driver has a plan that covers bodily injury liability at a minimum of $12,500 for one person and $25,000 for two people. The personal damage liability minimum is $7,500, which covers damage and court costs of another driver. Optional coverage includes an uninsured motorist bodily injury plan in case you get hurt by an uninsured driver.

Insurance premiums vary by geographical location, meaning city drivers may pay more than country drivers. Auto insurance companies in Ohio take these factors under consideration when formulating a premium:

1. The age, sex and marital status of the driver. Teens typically pay more for insurance, as do families with teen drivers.

2. The use of the car affects Ohio auto insurance rates. Commercial vehicles or vehicles used for work may have higher premiums.

3. The driving and credit history of the applicant. Knowing your driving and credit history beforehand can ensure accuracy on the agents part.

 

Compare Ohio car insurance online

Most car insurance companies in Ohio offer online insurance quotes. This is one of the quickest ways to shop around for affordable car insurance. The official site of the state of Ohio lists monthly average insurance premiums as of 2003. In the Akron area, married males paid between $394 and $1,500, a single mom with a teenager paid between $666 and $2,700, a teenage driver paid between $950 and $2,800 and a senior driver paid between $350 and $800. Other areas such as Cincinnati and Cleveland list similar rates.
Try: Get an quote for Ohio insurance from Allstate Insurance Company. Check out CarInsurance.com for rate quotes and comparisons.

Check credit history before applying for Ohio auto insurance coverage

Some agencies check credit history to determine premiums. By checking your credit history before applying for car insurance, you can ensure that the scores the agency gets are accurate. It's also important to know exactly what your credit report says so you aren't blindsided by a negative report and unable to explain any bad situations arising on your report.
Try: Request free credit reports from either AnnualCreditReport.com or FreeCreditReport.com.

Ask Ohio car insurance providers about discount options

Some drivers can get discounts on automotive insurance in Ohio. Not all agencies offer discounts, but going with an agency that does can save a driver between 10% and 20% off premiums. Agencies give discounts for taking safe driving courses, good driving records, anti theft devices installed on the car, student discounts and multi-car discounts.
Try: Liberty Mutual Insurance Company is one agency that promises discounts for responsible drivers. American Family Insurance offers a variety of auto insurance discounts, including bundle discounts.

 

• Choosing an insurance company for more than one insurance policy can save money on premiums. For example, creating an auto insurance policy and a life insurance policy with the same agent can save money on premiums.

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