Auto Insurance In Ohio: What's The Cost?

The cost of auto insurance in Ohio depends on several factors, including age, driving history, and the type of coverage. The average cost of full-coverage car insurance in Ohio is $1,497 per year, while minimum coverage costs $400 per year. Grange Insurance offers the cheapest rates in the state, with an average annual rate of $720. State Farm, on the other hand, is the most expensive insurer, with an average yearly rate of $1,920.

The cost of car insurance in Ohio is relatively low compared to other states, with the national average for full coverage being $2,329 per year. Factors such as lower population density, less aggressive driving behavior, and a competitive insurance market contribute to the lower rates in Ohio.

To get the best rates, it is recommended to shop around and compare quotes from multiple providers. Additionally, maintaining a clean driving record, choosing a higher deductible, and taking advantage of various discounts can help reduce the cost of car insurance in Ohio.

Average car insurance costs in Ohio

The average cost of car insurance in Ohio is $1,497 for full coverage and $400 for minimum coverage. The average cost of car insurance in Ohio is $1,083, according to a rate analysis. Grange has the cheapest car insurance in Ohio, with an average annual rate of $720 or $60 per month. The average monthly cost for minimum coverage car insurance in Ohio is $29, while a full coverage policy averages $65 per month. The average annual premium for a 100/300/100 full coverage policy with a $1,000 deductible in Ohio is $785 or $65 per month. The national average cost for the same coverage would cost approximately $1,244 per year or $104 per month. The average cost of full coverage car insurance in Ohio is $785 per year. Knowing the average cost of car insurance helps you assess if you receive a high or affordable quote from insurers. The average cost of full coverage car insurance in Ohio is around $1,417 per year for the limits of 100/300/100 – $100,000 in bodily injury coverage, $300,000 in bodily injury coverage per accident and $100,000 in property damage coverage. The average cost of car insurance in Ohio is $118 per month or $1,417 per year. That’s $478 less than the nationwide average annual rate of $1,895 in the United States. The average car insurance cost in Ohio is $118 monthly for full coverage car insurance, based on a 2023 rate analysis by CarInsurance.com. The average cost of car insurance in Ohio is $1,660 per year or $138 per month for a full-coverage policy, while minimum coverage costs $511 per year or $43 per month. The average cost of full-coverage car insurance in Ohio is around $1,417 per year for the limits of 100/300/100.

Car insurance costs by coverage level

The cost of car insurance in Ohio varies depending on the level of coverage, age, driving history, and other factors. Here is an overview of the average costs for different coverage levels:

Minimum Coverage

The minimum coverage required by law in Ohio includes bodily injury liability and property damage liability. The average cost for minimum coverage in Ohio is around $400 per year or $33 per month. However, the cost can vary depending on the insurance company and other factors. Some companies offer minimum coverage rates as low as $24 per month or $286 per year.

Full Coverage

Full coverage insurance in Ohio includes liability, collision, and comprehensive coverage, as well as optional coverages such as uninsured/underinsured motorist, medical payments, and personal injury protection. The average cost for full coverage in Ohio is approximately $1,497 per year or $125 per month. However, the cost can vary significantly depending on age, driving record, and other factors. For example, the average cost of full coverage for an 18-year-old driver in Ohio is around $4,357 per year, while the average cost for a 35-year-old driver is about $1,660 per year.

High Coverage

High coverage insurance provides even more protection than full coverage, including higher liability limits and additional coverages. The average cost for high coverage in Ohio is around $1,132 per year. However, the cost can vary depending on the insurance company and other factors. The cheapest average rate for high coverage in Ohio is $765 per year, while the highest sample rate is $1,995 per year.

Car insurance costs by age group

The average cost of car insurance in Ohio varies depending on age, gender, driving record, and other factors. Here is a breakdown of the average costs by age group:

Teen Drivers (17-year-olds)

For 17-year-old female drivers in Ohio, the cheapest average annual rates are offered by USAA ($1,923) and Erie ($1,960). The most expensive average rate for this age group is offered by Farmers ($5,912). The average cost of car insurance for 17-year-old female drivers in Ohio is $3,509 per year.

For 17-year-old male drivers, the cheapest average annual rates are also offered by USAA ($2,033) and Erie ($2,520). The most expensive average rate is offered by State Farm ($7,068). The average cost of car insurance for 17-year-old male drivers in Ohio is $4,008 per year.

Young Adults (25-year-olds)

For 25-year-old female drivers, Grange offers the cheapest average annual rate at $846, while the most expensive average rate is offered by Allstate ($2,108). The average cost of car insurance for 25-year-old female drivers in Ohio is $1,277 per year.

For 25-year-old male drivers, Grange also offers the cheapest average annual rate at $869, while State Farm offers the most expensive average rate at $2,423. The average cost of car insurance for 25-year-old male drivers in Ohio is $1,333 per year.

Adults (35-year-olds)

For 35-year-old female drivers, Grange offers the cheapest average annual rate at $646, while State Farm offers the most expensive average rate at $1,822. The average cost of car insurance for 35-year-old female drivers in Ohio is $1,017 per year.

For 35-year-old male drivers, USAA offers the cheapest average annual rate at $663, while State Farm offers the most expensive average rate at $1,822. The average cost of car insurance for 35-year-old male drivers in Ohio is $1,028 per year.

Seniors (60-year-olds)

For 60-year-old female drivers, Grange offers the cheapest average annual rate at $544, while Erie offers the cheapest average rate for most male drivers at $665. State Farm offers the most expensive average rate for both female and male drivers at $1,693. The average cost of car insurance for 60-year-old female drivers in Ohio is $908 per year, while the average cost for male drivers is $936.

Car insurance costs for high-risk drivers

High-risk drivers in Ohio can expect to pay more for their insurance than those with clean driving records. The average cost of car insurance for an individual with a clean driving record in Ohio is $1,472 for full coverage and $404 for state-mandated minimum coverage. However, if you have marks on your license, factors such as speeding tickets, accidents, and DUI/OVI convictions may lead insurers to charge more, as they suggest you could be at higher risk for future claims.

Rates for high-risk car insurance in Ohio

| | Full coverage | Minimum coverage |

|---|---|---|

| Before a speeding ticket | $1,472 | $404 |

| After a speeding ticket | $1,757 | $482 |

| After an accident | $1,764 | $501 |

| After a DUI/OVI | $2,730 | $866 |

| Adding a teen driver | $3,123 | $1,321 |

Who is a high-risk driver?

A high-risk driver is someone with at least one speeding ticket, at-fault accident, or DUI/OVI conviction on their record, or married couples with a teen driver on their policy. Other factors that may contribute to being considered a high-risk driver include:

• One or more at-fault accidents in the last 3–5 years
• Speeding tickets or other citations
• An SR-22 requirement
• A sports car or luxury vehicle
• A home address in an area with a lot of vandalism or theft

How to lower your rate if you’re a high-risk driver

• Shop around for car insurance: Compare high-risk car insurance quotes in Ohio from multiple carriers to find the best option for you.
• Take a defensive driving course: Many insurers offer discounts for drivers who take safe driving or defensive driving courses.
• Take advantage of safe driving and low mileage programs: Some insurance companies use telematics or app-based programs to reward drivers who exhibit safe driving behaviors or drive less frequently.
• Ask about your eligibility for other discounts: Many insurers offer discounts for homeowners, good students, and drivers who bundle multiple policies.
• Raise your deductible: Increasing your deductible can lower your monthly premium, but remember that it also increases your financial risk in the event of a claim.
• Lower your coverage limits: While state minimum liability limits are mandatory, some optional coverage types may not be necessary, depending on the age or condition of your vehicle.

Car insurance costs by city

The cost of car insurance in Ohio varies depending on the city. Here is a breakdown of the average annual full-coverage premium and the average savings compared to the state average for some of the major cities in Ohio:

• Toledo: $1,271 per year (24% higher than the state average)
• Cleveland: $1,231 per year (13% higher than the state average)
• Columbus: $1,216 per year (12% higher than the state average)
• Cincinnati: $1,132 per year (4% lower than the state average)
• Lorain: $1,046 per year (4% lower than the state average)
• Akron: $1,045 per year (4% lower than the state average)
• Dayton: $1,033 per year (5% lower than the state average)
• Springfield: $1,024 per year (6% lower than the state average)

The cost of car insurance is influenced by various factors, including the frequency of traffic accidents, local average vehicle value, weather risks, infrastructure problems, and cost of repairs. More populated cities with crowded highways and higher accident frequency and severity rates tend to have higher insurance premiums.

Frequently asked questions