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Bankrate has partnerships with issuers that include, but are not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. Amelia Buckley is an insurance editor covering auto, home and life insurance. It emphasizes creating informative, engaging, and nuanced content to help readers make personalized insurance decisions. Mark Friedlander is director of corporate communications at III, a non-profit organization that focuses on giving consumers a better understanding of insurance.
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Our award-winning publishers and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial team is objective, fact-based and not influenced by our advertisers. Founded in 1976, Bankrate has a long history of helping people make smart financial decisions. We have maintained this reputation for more than four decades by demystifying the financial decision-making process and giving people confidence in the actions to take next.
Our insurance team is comprised of agents, data analysts and customers like you. They focus on the points that consumers are most concerned about: price, customer service, policy features and savings opportunities so you can be sure which provider is right for you. Car insurance premiums can vary widely from state to state, but there are other factors that influence how rates are determined. In Ohio, your zip code, vehicle type, age, insurance company, coverage selections, and gender can also influence your rate.
Ohio car insurance rates can be more expensive in certain cities due to factors such as vehicle theft and vandalism rates, the number of uninsured drivers, the risk of inclement weather, and more. According to our data, Cleveland and Columbus have the highest average rates in the state. In the table below, we highlight the average cost of car insurance in five of the most populated cities in Ohio and look at how the average premium compares to the state average rate. These are sample rates and should only be used for comparison purposes.
In Ohio, your age can be an important factor in determining your rates. Young drivers typically pay some of the highest average car insurance rates because they have the least amount of driving experience and a high frequency of accidents. Once you turn 25, car insurance rates generally start to drop, as long as you maintain a clean driving record. Around age 70, car insurance rates start to rise again.
In general, men tend to be riskier when it comes to insuring themselves and are often charged higher rates due to their higher rate of accidents and traffic violations. Young drivers may face higher rates on their own insurance policies compared to staying on their parent's policy. Below, you can see the average rates for young drivers in the state based on their parents' policy and on your own. When you first buy an auto insurance policy, and each time your policy is renewed, your insurance company will likely review your driving record.
If you have any negative notes on your record, such as a speeding conviction or a faulty accident, your rate will increase. For example, after an at-fault accident in Ohio, average auto insurance premiums increase by approximately 39 percent. Your credit history, or credit-based insurance rating, is one of the variables used by car insurance companies to help them determine risk levels for drivers. Not all states allow this use of credit ratings by auto insurers, but most do, including Ohio.
Get a quick estimate to make sure you're not overpaying. Answer a few questions to disclose your payment. We are unable to estimate your payment. The best car insurance company in Ohio for one driver may not be the best for another.
Because rates and situations are so personalized, finding the best company often depends on your coverage needs, the type of vehicle, and more. Searching for prices and getting quotes from several companies can help drivers find the best insurance company for them. The cheapest car insurance company in Ohio may be different for every driver. Every Ohio car insurance company charges a different rate for coverage, so most insurance professionals recommend comparing prices and getting multiple quotes to see which company might offer the lowest rate for your coverage needs.
That said, our research indicates that some of the state's cheapest auto insurance companies include Erie, State Farm, and USAA. Ohio drivers have a lot of insurance options. The insurance company that usually has the cheapest rate is Westfield. Geico is another provider with lower rates.
Allstate tends to be more expensive, but it generally offers more coverage. Other insurance providers in Ohio include State Farm, Erie, Nationwide, Grange and Progressive. USAA is another option that is available to active military members and their families. If you just turned 25 and have maintained a good driving record, contact your car insurance company before renewing your policy and ask them to recalculate your premium.
Twenty-one-year-old drivers pay more for car insurance than older, more experienced drivers because insurers consider them to be high-risk, meaning they're more likely to file a claim. Even though car insurance rates in Ohio are cheaper than the national average, many drivers may be looking to save more money on their policy. In Ohio, the most expensive auto insurance policies with full and minimum coverage, on average, are offered by Esurance. Age is one of the most important factors in determining the rate of your car insurance, and since your risk as a driver decreases as you age, your premiums also tend to decrease.
In Ohio, one of the factors that will affect the cost of car insurance is the level of coverage you purchase. For Ohio drivers, age, level of coverage, driving history, and credit rating affect the cost of car insurance. The exact cost of car insurance for a 16-year-old also depends on a few other factors, such as their driving history, gender, and type of vehicle. To find out how much you should pay for car insurance in Ohio, compare the rates of drivers whose profile matches yours.
Fortunately for Ohio drivers, car insurance rates are significantly lower than what the average American driver pays. While Ohio is one of the most affordable states to insure a car, the state's motorists can still use car insurance discounts to save even more on premiums. Statistically, teens are more likely to have car accidents than older drivers with more experience, so insurance companies charge more to cover them. Age is a factor in auto insurance prices in nearly every state, although California, Hawaii and Massachusetts do not allow this practice.