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Car insurance is a must-have for all drivers, but it gets expensive quickly. While Ohio auto insurance rates typically fall below the national average, it depends on which insurer you go with. Here's a closer look at some of the best car insurance companies in Ohio for various driver profiles.
Geico offers the cheapest car insurance in Ohio for typical drivers, with an average rate of $864. This is based on the combined profiles of a 35-year-old male and 35-year-old female driver, both with clean driving records.
Other companies that offer low-cost car insurance in Ohio include:
Drivers with a single speeding ticket can pay about $500 less than the state average by going with Geico. It only charges these drivers about $1,115 per year compared to the state average of $1,626 per year.
Other Ohio auto insurance companies worth a look for drivers with speeding tickets include:
Young drivers have some of the least affordable car insurance in Ohio, paying about $3,573 annually on average. But USAA's teen and young drivers only pay about $2,002 on average. This is based on the profile of an 18-year-old male driver with a clean driving record.
Teens should also consider the following Ohio auto insurance providers:
Senior drivers can get cheap auto insurance in Ohio from Geico, with an average rate of $822.
Drivers 65 and up should also look into these insurers:
With USAA, it's possible to land cheap liability coverage for an average of $274 per year. Because USAA is available only to members of the military and their families, you may want to take a look at these other companies offering some of the cheapest car insurance in Ohio:
Ohio drivers are fortunate that their average annual car insurance premium of $1,733 is well below the national average of $2,875. However, as the rates above show, it's possible to score an even lower rate by choosing the best car insurance in Ohio for a driver's situation.
|AVERAGE RATE CATEGORY||OHIO||NATIONAL AVERAGE|
|1 accident on driving record||$1,958||$3,226|
|1 speeding ticket on driving record||$1,721||$2,840|
Here are some Ohio car insurance laws all drivers should be aware of.
Ohio is an at-fault auto insurance state, which means that in an accident, the driver who is found to be at fault is responsible for paying the medical bills for themselves and the other driver. This is why it's crucial to purchase sufficient liability coverage, as accidents can quickly become expensive.
Drivers who are unable to present proof of Ohio auto insurance could face the following penalties:
All drivers must have at least the following Ohio minimum auto insurance.
Drivers must have at least the following bodily injury liability coverage:
In addition, drivers must have at least $25,000 of property damage liability coverage to pay for damage to vehicles and other personal property they damage in a crash.
Here are a few tips on how to score the cheapest car insurance in Ohio:
Here are some other things to bear in mind when searching for Ohio auto insurance.
There were 18,672 car thefts reported in the state of Ohio in 2019, according to the Insurance Information Institute. That's the 10th-highest rate of auto theft in the country. Theft actually isn't covered under state minimum insurance; you need comprehensive coverage. It's definitely something to consider adding to your policy, especially if you live in an area known for frequent thefts.
Though illegal, about 13% of Ohio drivers don't have insurance, according to the Insurance Information Institute. While this percentage isn't that high compared to some other states, it's still not unreasonable to think you could wind up in an accident with an uninsured driver. That's why it's wise to have uninsured and underinsured motorist coverage. This protects drivers if they're hit by a driver who doesn't have insurance or doesn't have enough car insurance coverage to pay the full cost of the accident.
With an average annual rate of $1,733, the cost of Ohio auto insurance is approximately 40% lower than the national average.
Basic, minimum coverage (liability only) can be purchased by military members and their families for less than $300 a year. For all others with a clean driving record, a policy can be purchased for as little as $325 per year ($27 per month).
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team. The Motley Fool has a Disclosure Policy. The Author and/or The Motley Fool may have an interest in companies mentioned.
The data found on this page is a combination of publicly available quote data obtained directly from the carrier as well as insurance rate data from Quadrant Information Services. These rates were publicly sourced from the top ten (10) to fifteen (15) carrier markets, within each state, based on annual written premium and should be used for comparative purposes only -- your own quotes may be different.
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