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Cheap Ohio Auto Insurance Quotes

Finding good, low-cost insurance is challenging, and determining which companies offer the best insurance rates in Ohio will require even more rate comparisons. Every insurance provider uses their own formula for determining prices, so to begin we’ll rank the most competitive insurance companies in Ohio.

It’s important to understand that Ohio insurance rates are calculated based on many things which can substantially change the cost of a policy. Price variation is why drivers need to take the time to shop around when trying to get the best insurance rates in Ohio. Insurance rates are calculated by many different factors and can change substantially, so the most economical company the last time you checked may now be quite expensive.

Cheapest Insurance Rates in Ohio

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Utica National may offer some of the lowest car insurance rates in Ohio at around $635 annually. Erie, Frankenmuth, Allied, and Travelers also qualify as some of the lowest-priced Ohio auto insurance companies.

In the above example, if you currently have coverage with Erie and switched to Utica National, you might achieve an annual premium reduction of roughly $32. Ohio drivers with Frankenmuth could save as much as $52 a year, and Allied customers might realize rate reductions of up to $55 a year.

Bear in mind that those policy rates are averaged for all types of insureds and vehicles and do not take into consideration a price decrease in Ohio. So the company that fits your age and vehicle best may not even be included in the chart above. That helps illustrate why you need to compare rates from as many companies as possible using your own specific driver and vehicle information.

One of the more important things that are used to help calculate the amount you pay for auto insurance is where you keep your car. Areas with increased crime or more people like Cleveland, Toledo, and Cincinnati tend to have higher rates, whereas more rural areas have the luxury of lower rates.

The following table sorts the most expensive cities in Ohio to buy auto insurance in.

Where does Ohio rank for car insurance cost?
RankCityPremium Per Year
1Cleveland$1,272
2Youngstown$1,247
3Toledo$1,229
4Columbus$1,211
5Cincinnati$1,186
6Euclid$1,175
7Cleveland Heights$1,166
8Akron$1,157
9Hamilton$1,146
10Dayton$1,142
11Canton$1,102
12Newark$1,085
13Lakewood$1,073
14Springfield$1,072
15Fairfield$1,063
16Cuyahoga Falls$1,037
17Middletown$1,024
18Beavercreek$1,016
19Strongsville$1,011
20Kettering$1,009
21Mentor$1,008
22Mansfield$1,002
23Parma$997
24Lorain$985
25Elyria$965
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Rates are approximated as the specific Ohio residence address can revise coverage prices considerably.

The chart below illustrates how your deductible choice can influence annual premium costs when researching cheap insurance in Ohio. The prices are based on a married male driver, full physical damage coverage, and no discounts are applied to the premium.

A 40-year-old driver could lower their car insurance rates by $216 a year by switching from a $100 deductible up to a $500 deductible, or save $324 by selecting a $1,000 deductible. Younger drivers, like the Age 20 category, could shave $718 each year by choosing a larger deductible amount. If you do make the decision to raise your deductibles, it will be necessary to have plenty of savings on hand to be able to pay the extra out-of-pocket expense that is associated with using high deductibles.

Get discount Ohio car insurance

Cheaper Ohio insurance for drivers in OhioCar insurance companies that provide cheap Ohio auto insurance quotes may also offer special discounts that may potentially lower prices by as much as 35% or more if you qualify. A few of the larger companies and some of the discounts are detailed below.

  • 21st Century offers discounts for good student, driver training, anti-lock brakes, automatic seat belts, 55 and older, and air bags.
  • State Farm may offer discounts for good student, Drive Safe & Save, anti-theft, defensive driving training, good driver, multiple policy, and accident-free.
  • AAA may include discounts for pay-in-full, good student, multi-policy, education and occupation, good driver, AAA membership discount, and anti-theft.
  • Liberty Mutual has savings for new move discount, hybrid vehicle, newly retired, multi-policy, safety features, newly married, and preferred payment discount.
  • Progressive policyholders can earn discounts including online quote discount, continuous coverage, multi-vehicle, good student, and online signing.

The diagram below compares insurance costs with and without discounts applied. The rates are based on a male driver, no violations or claims, Ohio state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles.

The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with passive restraint, multiple vehicle, homeowner, safe-driver, multiple policy, and marriage discounts applied. When these discounts are applied to the policy premium, the average amount saved each year on insurance in Ohio is 28% or $356.

Last year’s bargain might be this year’s rip off

Ohio insurance rates are determined by lots of factors that control the price you have to pay. Simply having a birthday, getting divorced, or getting a ticket for careless driving may prompt premium changes that can now make some companies cheaper in comparison to the competition. Also, car insurance companies change premium rates multiple times each year in order to be able to pay unexpected claims. A period of increased losses may result in price increases, while lower claim levels may produce cheaper Ohio car insurance rates.

To illustrate this point, the graph below shows the company with the cheapest car insurance in Ohio for a 30-year-old male driver with a good driving record, no prior claims, and a good credit history. When quoting prices based on his current risk profile, Utica National offers the most affordable car insurance rates in Ohio at $635 per year. This is $405 less than the average price paid by Ohio drivers of $1,040. Erie, Allied, Frankenmuth, and USAA also make the list of the best Ohio auto insurance companies.

The chart below compares rates after we give the driver from the above example a chargeable accident, bad credit, and a blemish on his driving record. Because every insurance company has a unique approach for determining rates in each state, analyzing rates could now result in a completely different list of the cheapest car insurance companies in Ohio as shown below.

Cincinnati Insurance now has the cheapest price in Ohio with Merchants Insurance Group, Motorists Mutual, Grange Mutual, and General Casualty now rounding out the top five. This illustrates why it is important to do a thorough rate comparison to get the most economical car insurance rates in Ohio. Rates can be altered by many factors and change substantially, so the best option when you last compared rates may now be costing you a lot of money.

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