MoneyGeek’s Ohio Car Insurance Calculator allows you to estimate your average annual premiums based on several variables, including driving history and coverage levels. Our calculator also takes into account state minimum required car policies as well as adding a teen driver to your policy as well as your age and credit score – providing an estimated ballpark figure for premium costs. A key consideration for Ohio drivers is full coverage car insurance policies which cover damages caused by accidents, weather events and theft of their vehicles.
Ohio car insurance costs an average annual premium of $1,332. Liability coverage alone pays only for other drivers’ property damage and medical bills; though it might be tempting to opt for cheaper policies with limited coverage in Ohio, experts advise having at least full coverage so that if an accident does happen you will receive maximum compensation payments.
As well as your coverage level, other risk factors also influence how much car insurance you will pay. While some of these variables are out of your hands – for instance age or DUI/DWI conviction can inevitably increase rates; others such as location can have more profound impacts than you’d think: in Ohio drivers in more expensive zip codes typically pay over $500 more for full coverage policies compared with those living in cheaper ones.
To find the ideal car insurance in Ohio, consider comparing quotes from top providers. The Zebra’s free car insurance quote tool enables you to view personalized rates from Erie, GEICO and American Family providers based on your individual driver profile – our research indicates that Erie offers lower Ohio car insurance costs than its rivals while GEICO may have better offers for drivers with poor driving records or who are considered higher-risk drivers.
Factors that influence car insurance rates in Cincinnati include your age and coverage levels. Younger drivers typically pay more due to lack of experience and greater chances of an accident; however, you may be able to lower costs by opting for minimal coverage levels with lower deductibles.
Ohio insurance rates typically reflect drivers’ credit histories as an indicator of risk; hence those with poorer credit histories typically pay more, even though they were not at fault in an accident. But perhaps the biggest increase in premium costs comes when adding teenage drivers – typically increasing annual premiums by an estimated 3.14x!