To drive legally in Ohio, you must have auto insurance. Getting caught without this coverage could lead to fines, a suspended license and more.
Ohio drivers are also required to carry proof of such insurance at all time. If you are stopped by a road officer, asked to provide proof at an accident site or during a vehicle checkup, this may be the case.
Minimum Coverage Required for Auto Insurance
Ohio law requires that motorists carry liability insurance to protect other people and property in case of an accident. It includes both bodily injuries and property damage insurance.
Liability coverage covers medical bills and court fees in the event that you are found guilty of an accident. This insurance also covers the costs of repairing or replacing other people's possessions in case you cause an accident.
With our online tool, you can receive a quote on car insurance in Ohio. You can see the average rate for each insurance company in your locality and compare it to find the most affordable deal.
The coverage amount you get is most important. In Ohio, you should aim to purchase full coverage insurance that includes collision, comprehensive, and other insurance.
Consider increasing your deductible if you're looking to save on your insurance premium. This will lower your monthly payments, but you may have to pay more out of pocket if you need to make a claim.
Increasing your limits is another great way to save on your auto insurance in Ohio. This is particularly true if your accident involves serious injuries or extensive damage to the vehicle.
Uninsured or Underinsured Drivers
If an accident occurs, drivers without auto insurance could be hit with huge bills. It is for this reason that many experts recommend getting a policy from a third party, which will cover uninsured or low-insured drivers.
You can also buy extra protection to increase your financial safety, such as uninsured/underinsured motorist liability coverage (UM/UIM). It's a must if you get into an accident with a driver who does not have enough insurance.
Ohio Automobile Insurance Rates
The cost of auto insurance in Ohio is generally lower than other states. It's because there are less claims and experienced drivers.
Insurance rates are based on factors such as your driving history, credit score and vehicle type. This is why it's so important to shop around and compare quotes from different insurance companies.
In Ohio, if you are a person with a poor credit history, it might be difficult for you to find an affordable auto policy. Some lenders will not finance or lease vehicles to customers unless they have proof of insurance. This can pose a problem to newer drivers and those with less than perfect driving records.