Cheapest Car Insurance In Ohio For 2024
Searching for affordable car insurance in Ohio? Hastings Mutual is one of the best providers and is recognized for offering affordable rates.
We’ve saved shoppers an average of $600 per year on their car insurance.
In this guide, we’ll explore the options available to help you find the cheapest car insurance rates in the Buckeye State. Whether you’re a new driver or a seasoned motorist, understanding the insurance landscape in Ohio can save you money while ensuring you have the coverage you need on the road.
I’ve spent ten years studying car insurance to make it easier for you to understand. I’ve looked at many top car insurance companies and broken down the important details for you.
Let’s dive in and uncover the best deals for car insurance in Ohio.
Cheapest Car Insurance Companies In Ohio, 2024
Our Methodology
After thoroughly going through factors like customer service ratings, available insurance options, pricing, and user experiences, I've compiled an in-depth analysis of top car insurance providers in Ohio. Drawing from over 15 years of experience as a licensed insurance agent in the state, I've interacted with representatives from different companies and gained firsthand insights through purchasing car insurance myself.
Quotes Assessed
Hours Of Research
Years Of Industry Expertise
Brands Reviews
Cheapest Car Insurance In Ohio For Minimum Coverage: Hastings Mutual
In Ohio, drivers must carry a minimum level of car insurance coverage to legally operate a vehicle. This includes Bodily Injury Liability (BIL) and Property Damage Liability (PDL) coverage. Personal Injury Protection (PIP) is not required in Ohio.
Property Damage Liability (PDL) coverage pays for damages to others’ property caused by the policyholder in a car accident. Bodily Injury Liability (BIL) coverage pays for medical expenses resulting from injuries to others in a car accident where the policyholder is at fault.
It’s important to understand that minimum coverage has limitations. While it satisfies legal requirements, it may not provide adequate protection in all situations, especially in severe accidents or injuries. Additional coverage options like PIP can offer enhanced financial protection and peace of mind on the road. Therefore, drivers should carefully consider their insurance needs and potential risks when selecting coverage levels.
| Provider | Average Monthly Cost | Average Annual Cost |
| Hastings Mutual | $21 | $257 |
| Progressive | $23 | $270 |
| USAA | $23 | $273 |
| American Family | $26 | $310 |
| Celina | $28 | $334 |
Cheapest Car Insurance In Ohio For Full Coverage: Hastings Mutual
Full coverage car insurance in Ohio provides comprehensive protection, including coverage for damage to your vehicle, liability coverage for injuries and property damage to others, and additional features like uninsured motorist coverage and medical payments coverage. This comprehensive policy offers extensive financial protection in various situations, providing peace of mind for drivers in Ohio.
Comprehensive coverage safeguards against non-collision incidents such as theft, vandalism, and natural disasters, whereas collision coverage protects your vehicle from damages incurred in accidents, regardless of fault. Having both comprehensive and collision coverage ensures drivers are protected in a wide range of scenarios, including accidents and unexpected environmental damages.
Although full coverage usually comes at a higher cost than minimum coverage, the additional expense offers significantly enhanced protection. For owners of newer or more valuable vehicles, this insurance isn’t merely a recommendation; it’s crucial for safeguarding their investment.
| Provider | Average Monthly Cost | Average Annual Cost |
| Hastings Mutual | $63 | $759 |
| American Family | $75 | $895 |
| Geico | $99 | $1,193 |
| Encompass | $101 | $1,210 |
| USAA | $101 | $1,216 |
Cheapest Car Insurance In Ohio For Drivers With Poor Credit: Nationwide
When insurance companies assess premiums for car insurance in Ohio, they often take into account various factors, including an individual’s credit history. Drivers with poor credit scores may be viewed as higher-risk customers, as studies suggest they are more likely to file insurance claims.
As a result, insurers may charge higher premiums to offset the perceived increased risk of potential payouts. This practice aims to protect the financial interests of the insurance company while ensuring they can cover any claims that may arise from policyholders with poor credit.
Despite the typical trend of higher premiums for drivers with poor credit, some insurers offer more lenient policies, considering various risk factors beyond just credit scores. These companies may provide competitive rates and flexible pricing structures, taking into account factors like driving history and vehicle type. It’s crucial for those with lower credit scores to explore options from these specialized insurers to find affordable car insurance solutions.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $97 | $1,165 |
| Geico | $142 | $1,705 |
| Grange Insurance | $170 | $2,037 |
| Progressive | $191 | $2,296 |
| Erie | $198 | $2,378 |
Cheapest Car Insurance In Ohio For Seniors: Nationwide
Senior citizens in Ohio can enjoy competitive car insurance rates for several reasons. While age is a factor in premium calculations, it’s not a definitive indicator of driving skills. Many seniors maintain exemplary driving records well into their later years.
Insurance providers acknowledge this and often provide lower rates to experienced senior drivers. A clean driving history, with minimal accidents and violations, can greatly influence insurers to offer more favorable premiums. Additionally, some insurers value the maturity and experience associated with age, viewing senior drivers as responsible and less prone to risky driving behaviors.
Car insurance for seniors in Ohio typically offers various discounts and tailored coverage options to accommodate their needs. Insurers often consider factors such as driving experience, mileage, and vehicle type when determining premiums for older drivers. Additionally, seniors may qualify for discounts based on their driving record and completion of defensive driving courses. It’s essential for seniors in Ohio to explore these options and compare quotes to find the most suitable and affordable car insurance coverage.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $37 | $448 |
| American Family | $38 | $459 |
| Auto-Owners | $50 | $600 |
| Grange Insurance | $62 | $741 |
| Erie | $62 | $749 |
Cheapest Car Insurance In Ohio For Young Drivers
Car insurance for young drivers in Ohio can be relatively expensive due to several factors. Young drivers are statistically more likely to be involved in accidents compared to older, more experienced drivers, which increases the risk for insurance companies. Additionally, young drivers often lack a lengthy driving history, making it challenging for insurers to accurately assess their risk profile.
To mitigate these risks, insurance companies typically charge higher premiums for young drivers. These premiums reflect the increased likelihood of filing claims and the potential for more costly payouts. However, there are steps young drivers can take to potentially lower their insurance costs.
Completing a driver education course or defensive driving program may qualify them for discounts. Additionally, maintaining a clean driving record and avoiding accidents and traffic violations can help young drivers demonstrate responsible behavior, which insurers may reward with lower premiums over time.
It’s important for young drivers in Ohio to shop around and compare quotes from multiple insurance providers to find the most affordable coverage that meets their needs.
Cheapest Ohio Car Insurance For 16-Year-Olds: Erie
Erie has the cheapest rates for 16 year olds, with an average monthly premium of $181.
| Provider | Average Annual Cost | Average Monthly Cost |
| Erie | $2,175 | $181 |
| Nationwide | $2,530 | $211 |
| Auto-Owners | $2,746 | $229 |
| State Farm | $2,961 | $247 |
| Westfield | $3,158 | $263 |
Cheapest Ohio Car Insurance For 17-Year-Olds: Erie
Erie has the cheapest rates for 17 year olds, with an average premium of $178.
| Provider | Average Monthly Cost | Average Annual Cost |
| Erie | $178 | $2,136 |
| Geico | $206 | $2,468 |
| Auto-Owners | $208 | $2,493 |
| Nationwide | $211 | $2,530 |
| State Farm | $217 | $2,603 |
Cheapest Ohio Car Insurance For 18-Year-Olds: Erie
Erie has the cheapest rates for 18 year olds, with an average monthly premium of $159.
| Provider | Average Monthly Cost | Average Annual Cost |
| Erie | $159 | $1,911 |
| Geico | $172 | $2,067 |
| Auto-Owners | $187 | $2,244 |
| State Farm | $190 | $2,283 |
| Grange Insurance | $203 | $2,435 |
Cheapest Ohio Car Insurance For 21-Year-Olds: Nationwide
Nationwide has the cheapest rates for 21 year olds, with an average monthly premium of $99.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $99 | $1,192 |
| Geico | $104 | $1,251 |
| Erie | $112 | $1,340 |
| Grange Insurance | $120 | $1,439 |
| State Farm | $128 | $1,538 |
Cheapest Car Insurance In Ohio For Good Drivers (Full Coverage): Nationwide
Car insurance for safe drivers in Ohio typically rewards individuals with clean driving records and few or no accidents or traffic violations. Insurers consider safe drivers to be lower risk, which often translates to lower insurance premiums. Safe driving behaviors such as obeying traffic laws, avoiding distractions while driving, and maintaining a defensive driving attitude contribute to a positive driving record.
Insurance companies may offer discounts or lower rates to safe drivers as a way to incentivize and reward responsible behavior on the road. Additionally, safe drivers may benefit from features such as accident forgiveness programs, which protect their premiums from increasing after their first at-fault accident.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $69 | $825 |
| Erie | $87 | $1,044 |
| Geico | $93 | $1,115 |
| Auto-Owners | $103 | $1,231 |
| Progressive | $108 | $1,291 |
Cheapest Car Insurance In Ohio For Drivers With Prior Incidents
Car insurance premiums for Ohio drivers with previous incidents, such as accidents, speeding tickets, or DUIs, may be higher due to perceived higher risk by insurance providers. However, some insurers offer tailored policies or discounts for such drivers, aiming to make coverage more economical.
It’s crucial for these drivers to explore various insurance options to secure the most competitive rates. Moreover, maintaining a clean driving record moving forward can help alleviate the impact of past incidents on future premiums.
The basis for this pricing strategy lies in thorough statistical evaluations and risk assessment frameworks, demonstrating a correlation between past driving incidents and the probability of future insurance claims.
Cheapest Car Insurance In Ohio For Drivers With A Speeding Ticket: Hastings Mutual
Hastings Mutual has average premiums of $329, making it the cheapest option for drivers with a speeding ticket.
| Provider | Avg. Annual Min Coverage Premium | Avg. Annual Full Coverage Premium |
| Hastings Mutual | $329 | $924 |
| USAA | $346 | $1,538 |
| Auto-Owners | $360 | $1,404 |
| Celina | $360 | $1,638 |
| Progressive | $368 | $1,801 |
Cheapest Car Insurance In Ohio For Drivers With An At-Fault Accident: Hastings Mutual
Hastings Mutual has average premiums of $263, making it the cheapest option for drivers with an at-fault accident.
| Provider | Avg. Annual Min Coverage Premium | Avg. Annual Full Coverage Premium |
| Hastings Mutual | $263 | $776 |
| Central Mutual | $342 | $1,300 |
| American Family | $387 | $1,136 |
| Erie | $422 | $1,666 |
| USAA | $434 | $1,860 |
Cheapest Car Insurance In Ohio For Drivers After A DUI: Progressive
Progressive has average premiums of $324, making it the cheapest option for drivers with a DUI on their record.
| Provider | Average Monthly Cost | Average Annual Cost |
| Progressive | $324 | $1,540 |
| American Family | $368 | $1,044 |
| USAA | $431 | $1,877 |
| State Farm | $526 | $1,955 |
| Central Mutual | $577 | $1,929 |
Average Cost In Ohio- By Age
| Age | Average Monthly Cost | Average Annual Cost |
| 16 | $496 | $5,956 |
| 17 | $264 | $3,172 |
| 18 | $230 | $2,762 |
| 19 | $186 | $2,234 |
| 21 | $141 | $1,696 |
| 25 | $161 | $1,933 |
| 35 | $133 | $1,599 |
| 45 | $128 | $1,532 |
| 55 | $119 | $1,429 |
| 65 | $81 | $971 |
| 75 | $100 | $1,200 |
Average Cost In Ohio – By Gender & Marital Status
| Gender | Marital Status | Average Annual Cost |
| Female | Single | $1,250 |
| Male | Single | $1,350 |
| Female | Married | $1,050 |
| Male | Married | $950 |
Average Cost In Ohio – By Credit Tier
| Credit Tier | Average Monthly Cost | Average Annual Cost |
| Excellent | $88 | $1,065 |
| Good | $105 | $1,266 |
| Fair | $114 | $1,375 |
| Poor | $185 | $2,229 |
Average Cost Of Car Insurance In Ohio By City
| City | Average Monthly Cost | Average Annual Cost |
| Elyria | $95 | $1,138 |
| Delaware | $103 | $1,231 |
| Newark | $108 | $1,293 |
| Cleveland | $122 | $1,459 |
| Cincinnati | $122 | $1,464 |
Minimum Car Insurance Requirement In Ohio
The minimum Ohio car insurance coverage requirements under state law are as follows:
- Bodily Injury Liability (BIL) coverage: $25,000 per person injured in an accident and $50,000 total for all injuries in one accident.
- Property damage liability: $25,000 per accident
In Ohio, all drivers must carry a minimum level of car insurance to legally drive, as mandated by state laws. This requirement ensures that drivers can financially handle the costs associated with accidents. The mandatory coverage includes Bodily Injury Liability (BIL) and Property Damage Liability (PDL).
Bodily Injury Liability (BIL) coverage is essential for covering medical expenses resulting from accidents. Ohio mandates a minimum BIL coverage of $25,000 per person injured and $50,000 for all injuries in a single accident.
Property Damage Liability (PDL) coverage addresses damages caused by the policyholder to other people’s property in car accidents. The minimum required PDL coverage in Ohio is $25,000 for property damage caused by the policyholder in an accident.
Personal Injury Protection (PIP) coverage is not required in Ohio. This is because Ohio follows a tort system for auto insurance, meaning that the at-fault driver’s insurance is responsible for covering the medical expenses of the other party in an accident. Drivers should carefully consider their individual needs and financial situation when selecting car insurance coverage.
Car Insurance Discounts In Ohio
When in search of car insurance, it’s wise to explore providers that offer discounts tailored to your needs. Getting in touch with your insurance agent can reveal potential discounts you may be missing out on.
Below, we’ll delve into the common types of discounts provided by top car insurance companies.
- Good Driver Discount: This discount rewards drivers with a clean driving record, free from accidents or traffic violations, with lower premiums as they are considered low-risk.
- Multi-Policy Discount: Insurers offer discounts to customers who bundle multiple insurance policies, such as auto and homeowners insurance, with the same company to save on overall costs.
- Multi-Vehicle Discount: Owning multiple vehicles insured under the same policy can qualify for a discount, reducing the overall premium for each vehicle.
- Safe Vehicle Discount: Drivers can receive discounts for owning cars equipped with safety features such as airbags, anti-lock brakes, and theft deterrent systems, which lower the risk of accidents and theft.
- Good Student Discount: Students maintaining good grades, typically a “B” average or higher, may qualify for reduced premiums as they are considered responsible and less likely to engage in risky driving behaviors.
FAQs
How much is car insurance a month in Ohio?
The monthly cost of car insurance in Ohio varies depending on factors like age, driving record, and coverage level, but averages around $100 to $200 per month for basic coverage.
What is the minimum car insurance one must have in Ohio?
The minimum car insurance required in Ohio includes Bodily Injury Liability (BIL) coverage of at least $25,000 per person and $50,000 per accident, and Property Damage Liability (PDL) coverage of at least $25,000.
Which insurance is better in Ohio?
It totally depends on individual needs, driving habits, and budget. It’s essential to compare quotes from multiple insurers and consider factors like coverage options, customer service, and discounts offered to determine the best fit.
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