Get Coverage at the Lowest Rates


Ohio is one of the least expensive states for car insurance.

The average car insurance premium in Ohio is $952 a year for “full coverage” – only Idaho and Maine have lower average premium rates. A

major factor is the heavy competition of car insurers throughout the state, making it easier to find a more affordable rate than in practically any other state.

Even though Ohio has low insurance rates, it’s still important to carry enough coverage to protect your assets – while still paying as little as possible for the premium.

Below is a guide in which we’ll be helping you find the right rate to match the type of coverage you’ll need.

Average Car Insurance Rates in Ohio

As helpful as it may be to know the average premium rate of car insurance in Ohio, it should serve only as a starting point.

This doesn’t mean that the averages will apply to you based on the coverage you choose.

Your rate will change depending on the variables factored into your driving profile and the policy provisions you select.

Statewide average premiums in Ohio for three popular car insurance coverage levels (all premium information we’ll be providing comes from our sister site, Car Insurance.com) are as follows:

  • “Full coverage” –100/300/100***, with comprehensive and collision coverage, including a deductible of $500 – $952 per year.
  • Liability only, with 50/100/50 – $381 per year.
  • Liability only, using the state minimum coverage levels – $383 per year.

(***100/300/100 refers to liability coverage levels. The first number represents bodily injury or death to one person in a single at-fault accident. The second number represents bodily injury or death to two or more people in a single at-fault car accident. The third number refers to property damage caused to other vehicles in an at-fault accident. Full coverage also includes collision and comprehensive coverage, which pays for repairs to your vehicle no matter who is at fault.)

With statewide averages as a starting point only, let’s look at the many factors that will determine exactly what premium you’ll pay for car insurance in Ohio.

Factors that Will Affect Your Ohio Car Insurance Premium

Below are seven of the main factors that will determine the premium you’ll pay for Ohio car insurance.

Gender

This factor is more important if you’re under 25, but at higher ages there’s little difference if you are a man or woman.

For example, a 19-year-old woman in Columbus will pay $263 per month for full coverage, while a 19-year-old man will pay $317 per month for the same policy.

After age 25, the gender-based premium difference fades.

Your Age

If you’re younger than 26, premiums will be a great deal higher, whereas 65 and over will only be slightly higher than the average rate.

For example, an 18-year-old male driver living in Columbus will pay $485 per month, or $5,820 per year, for 100/300/100 coverage. But a 30-year-old male with the same coverage will pay just $117 per month, or $1,404 per year.

A 75-year-old man with the same coverage, also living in Columbus, will pay $128 per month, or $1,536 per year. It’s only a little more than a 30-year-old male will pay for the same coverage, but it shows how car insurance premiums increase once you reach 65.

Driving History

Your driving history is the most important factor when it comes to your insurance premium. Lack-of a driving history explains high premiums for young drivers.

Speeding no more than 10-15 miles over the limit will produce a 21% premium increase, while speeding 30 or more miles over the limit will increase your premium by 38%. The average increase in Ohio is 62% for a DUI/DWI first offense (subsequent offenses will be much higher and carry serious penalties).

The good news:

Moving violations is that they’ll fall off your driving record after three years.

A typical car insurance premium in Ohio will increase by 22% after an accident claim that’s determined to be your fault. That’s just an average, since the premium increase will vary based on the dollar amount of any property damage claim, or if the accident resulted in bodily injury.

Credit History

Insurance companies look to your credit history to determine your rate. Ohio falls in the middle of the list of states for drivers with bad credit. Bad credit drivers will pay an average of 68% more on their premium than a driver with good credit.

Coverage Amount

Just a refresher, a policy with liability limits of 100/300/100 is $952 per year, while liability coverage limits of 50/100/50 is $381. For minimum liability it’s $383 per year.

But be careful using coverage amounts to lower your premium. Your net worth should be matched with your liability limits. For example, if your net worth is less than $50,000, choose at least 50/100/50. If your net worth is between $100,000 and $300,000, choose at least 100/300/100. If your limits are too low, a major claim or lawsuit could force you to pay for any excess expenses out-of-pocket.

The Vehicle(s) You’re Covering

The age of your vehicle is a major factor. An older vehicle will usually cost less than a brand-new vehicle to insure. And the more expensive a vehicle is, the more it will cost to insure.

Brand-new cars or certain vehicle types, like SUVs, pickup trucks, sports cars and luxury cars will cost more to insure than a 10-year-old sedan. This is partly due to likelihood the older vehicle may not require collision and comprehensive coverage.

If your car is more than 10 years old, you may only need collision and comprehensive if it’s worth $3,000 or more, or if you can’t afford to replace your car if it’s totaled.

The Company You Buy Coverage From

People don’t always consider the impact of different companies when it comes to buying car insurance. The differences in pricing for the same premium between multiple companies can amount to thousands of dollars.

Below are the average statewide premiums for full coverage (100/300/100) by six major carriers operating in Ohio:

  • Geico, $619 per year
  • State Farm, $881 per year
  • Farmers, $887 per year
  • Progressive, $999 per year
  • Nationwide, $1,015 per year
  • Allstate, $1,310 per year

Notice that Allstate, the most expensive provider, charges premiums that are over two times higher than Geico, the lowest cost provider.

What is the Average Ohio Car Insurance Rate Based on Ohio City?

Even within the same state, there can be major variations in premium levels from one city or town to another. With the statewide average premium at $952 in Ohio for 100/300/100 coverage, average premiums on a local level are as follows:

  • Akron, $1,347
  • Cincinnati, $1,331
  • Cleveland, $1,377
  • Columbus, $1,304
  • Toledo, $1,405

Car insurance will most likely be higher in more populated areas like a big city. More people means more traffic and potential for accidents. Rural and more remote towns will have lower rates.

What are Auto Insurance Laws in Ohio?

Ohio car insurance laws require that drivers carry minimum liability coverage limits of 25/50/25 on their vehicle. The minimum car insurance requirements in Ohio are listed below:

  • Minimum bodily injury liability – $25,000/$50,000
  • Minimum property damage liability – $25,000

This coverage requirement is described as “25/50/25”.

Ohio also has a comparative negligence law. It holds that responsibility in an accident can be shared. It’s a complicated provision, but it basically holds that if you could have “reasonably” done anything to avoid an accident, you may be deemed partially responsible. It also means if you are 50% or less at fault in an accident, you can receive compensation from the other driver’s insurance policy.

Basic Information on Optional Coverages in Ohio

As is the case in virtually every other state, there’s a wide range of optional coverages available to add to your policy in Ohio. The most popular include:

As is the case in other states, there are a large number of optional car insurance provisions in Ohio:



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