To understand all the possible consequences of your choices when purchasing Ohio car insurance , we have reviewed in detail all aspects of car insurance in Ohio. That factors will help you find cheap car insurance in Ohio.
Ohio Car Insurance Laws
Like many states, Ohio car insurance is mandatory for all drivers and must meet minimum requirements. You can request higher limits from your insurance companies, but the basic Ohio car insurance enforced by law are:
- $25,000 bodily injury for one person
- $50,000 per accident
- $25,000 for property damage
The above requirements mean that at least $25,000 bodily injury is required to cover the injuries of any one person in any single accident. The $50,000 is the total limit required every individual involved in one accident. Most Ohio car insurance policies provided by insurers commonly provide coverage for $100,000 per person and $300,000 for everyone injured in accident. You should ask your Ohio insurance providers on the limits of coverage available when comparing Ohio car insurance quotes.
What you should get more than State Minimum Coverage?
Ohio Department of Motor insurance always recommends that drivers get more coverage than the minimum to avoid unsustainable financial liability by the person or individuals causing accident. Getting the right car insurance in Ohio is important to avoid costly payouts and even bankruptcy as a result of the driver causing the accident having to come up with the difference between what the OH car insurance provider covers, and the additional costs not covered by the insurer when initially underwriting the car insurance policy.
Optional Insurance Coverage
Now that you know the state requirements for Ohio car insurance, do you know which ones are not required by law, but still option? Why is it important to know?
More often, insurance companies tries to oversell various products when all you are looking for is just enough car insurance coverage to keep you both legal and protect you from personal financial liability. The following coverage options are NOT required in your Ohio car insurance policy:
- Uninsured Motorist
- Bodily Injury
- Medical Payments
Although the above car insurance options are not required by law, they may come to your rescue if say you are involved in an accident with uninsured driver or require collision coverage. You should discuss these options with your insurance agent and only add them your Ohio car insurance policy if you think you need them.
What if you drive without Insurance?
Penalty for not have the minimum legal car insurance requirements in Ohio are not as severe as in other state, but they can escalate quickly to driving ban or imprisonment in the worst cases.
If a driver fails to provide proof of car insurance in Ohio, the law enforcement officer will hand out a written notice stating that you didn’t carry a proof of vehicle insurance, and you should provide one either to the court or send a copy to the address provided in the notice.
If you fail to provide a valid proof of car insurance in Ohio, 90 days suspended sentence will issue and you will still be required to obtain at least the minimum car insurance requirements. BMV and the court will keep record of the offense, and it may escalate to 2 years of imprisonment for future offences.
Ohio SR22 Insurance Filing Information
SR22 insurance is a high risk insurance policy that covers an individual driver (as opposed to a vehicle). An SR22 insurance policy is a minimum limit liability insurance that demonstrates proof of future financial responsibility. SR22 insurance only covers damage to others and others' property, it does not protect one's vehicle. When you purchase an SR22 insurance policy, your insurance company will file an SR22 form with the Ohio Bureau of Motor Vehicles (BMV). This form will prove to the BMV that you will be financially responsible if a future accident.
Who Needs Ohio SR22 Insurance
If your Ohio driver's license is suspended for any of the following reasons, you will likely be required to carry SR22 insurance:
- Driving an uninsured vehicle
- Drunk driving (OVI)
- Driving under the influence of drugs
Depending on your offense, you will be required to carry SR22 insurance for 3 to 5 years, so it is important to find a policy you can afford. If, at any time, or for any reason, your SR22 policy is canceled, your insurance company is required by law to notify the Ohio BMV. This will likely result in the suspension of your driving privilege.
If Ohio requires you to file an SR22, and you live in or move to a different state, you must still carry SR22 insurance in Ohio for the required amount of time.
How to Get Ohio SR22 Insurance
Your SR22 insurance policy must be provided by an insurance company that is licensed to sell insurance in Ohio. You can find those companies by completing our Ohio SR22 insurance quote form.
SR22 insurance is considered a high risk insurance, and the rates can be steep. It might not be wise to rely on the insurance company you currently use. Shopping around could say you a lot of money. There are some insurance companies out there offering competitive rates. You can compare some of those here.
Be sure to ask your insurance company to file the SR22 form electronically, as these are processed much faster, often within one day. The BMV will not accept faxed SR22 forms.
Ohio SR22 Insurance Alternatives
The State of Ohio does allow some alternatives to the SR22 option, for those who can afford it. Alternatives to an SR22 insurance policy include:
- A surety bond in the amount of $32,500. (Must be from a licensed insurance company.)
- A BMV certificate of deposit of money for $30,000.
- A government bond for $30,000.
- A certificate of self-insurance.
Ohio High Risk Driver Car Insurance
Every individual is different and the differentiation can best be done on the basis of the skill set they have; the same goes with car drivers. While some are safe and responsible drivers, there are also those who drive erratically and are classified under high risk drivers.
Who is a High Risk Driver?
As the name suggests, a high risk driver is someone who is likely to be in an accident more often than the rest. In the state of Ohio, car owners who are caught flaunting traffic laws, indulging in speeding etc. are automatically put under this category of drivers. Apart from this, owners who are young or have just happened to get hold of their driving license are also listed under the same category due to lack of experience in driving.
How are they different from regular drivers?
Being on the list of high risk drivers means that the car owner would have to pay higher rates of premium compared to someone not on the list for the same cover. The reason behind this is simple, insurance agencies are here to do business and need to keep their financial interests in mind. By selling a cover at a higher rate, they make sure that in case a claim is filed (which they do expect to be filed), minimal losses are sustained. But, they tend to breathe easy with others considering they are least expected to be involved in accident.
When does the Clause get removed?
Getting the clause removed requires some serious work. The owner would have to be responsible enough not be in an accident for at least 3 - 5 years (different agencies look at different time periods). During the period, he would also have to make sure that he pays all premiums on time and keeps a good credit score. Insurance agencies look at the past records while awarding an insurance cover and it is vital for the owner to make them believe that he is dependable, a good driver and can be trusted.
Installing security features on the vehicle like theft alarm, air bags etc. would sure prove to be icing on the cake.
Where in Ohio to find Car Insurance Cover for high risk drivers?
To be frank, there are a bound to be agencies that would refuse to sell a cover to a high risk driver. There are also some who specialize in selling policies to such drivers alone. For car owners who get rejected by other car insurance agencies, these are the last ray of hope.
Finding one or more of such providers would require the owner to do some searching. Taking help of the yellow pages of going online and searching the same is bound to make the task less cumbersome (one may choose to visit website of the Department of Insurance at Ohio). Once one or more of them have been located, sit down to compare their rates. It does not need saying that the rates would of course be higher than those offered by regular agencies.
Ohio Car Insurance Rates
Ohio car insurance rates average minimum prices are :
|Ohio Minimum Car Insurance Coverage||$509 - $693|
|Ohio Minimum Full Coverage Car Insurance||$1,067 - $1,267|
|Ohio Minimum Car Insurance Coverage for Young Drivers||$1,229 - $1,432|
|Ohio Minimum Full Coverage Car Insurance for Young Drivers||$1,787 - $1,988|
|Average monthly car insurance in Ohio||$42 - $165|
Determining Your Ohio Car Insurance Needs
Different people pay differently for their Ohio car insurance because of the difference in their coverage needs. There are some instances that you pay more than what you need, or you pay less than what you need. In the end, both cases will only lead to trouble.
If you wish to make sure that your Ohio car insurance covers everything that you need, you must understand all of your needs first. This will help you come up with a good decision on what coverage plans to take and not to take.
Some basic considerations you must know to help you understand your Ohio car insurance needs:
- Know the laws. Remember that almost all the states will require you to purchase insurance for your automobile. The laws of your state will always determine the minimum insurance you must take for your vehicle. In most instances, getting more than the required works more helpful than just meeting the requirements. Different states require different kinds of insurance coverage you must sign up to. For instance, Florida, New York, Maryland, and 13 other states require drivers to buy a Personal Injury Protection.
- Check out your options. It is best for you to know that you have several options when looking for car insurance. You can always opt to get a rental car coverage, warranty for parts, and the like.
- Determine your budget. As you know, accidents can happen anytime. What’s worse is you don’t know what damage it can cause to you as well as to other people. You need to be practical enough to calculate your assets to see if you can handle any damage caused by future accidents. If you don’t want to risk, you can always buy the extra expense of getting more coverage plans in cases incidents like this happen. Anyway, you can always first ask for an Ohio car insurance quote before you sign up for it. Once you have the quote, you can start making your calculations of how much money you are interested to spend as a consequence of being involved in accident.
- Determine the value of your vehicle. This is also another consideration to know what your insurance needs are. Usually, you need to determine if you have the capacity to replace your car if it is damaged. If not, it is best to get a comprehensive as well as collision coverage for your vehicle. In most cases, if your car is worth 3,000 dollars and below already, it is not worth it to buy such coverage plans anymore.
- See your other insurance policies. Check whether your other insurance such as health and homeowner insurance cover damages caused by a vehicular accident. If so, you don’t need to duplicate this kind of coverage anymore.
Factors That Can Help You Get Cheap Car Insurance in Ohio
In getting Ohio car insurance, two factors are commonly taken into consideration: Price and Quality. Every consumer would want to have the cheapest auto insurance around without sacrificing its quality. For this reason, assessing every automobile insurance term is crucial in finding the best deals around.
Advices and recommendations from friends and relatives are oftentimes not helpful; you may find a certain insurance company that offers cheap insurance for your friend but when you ask for their Ohio car insurance quote, you find yourself dealing with exorbitant rates. The reason behind this is the insurance category.
Every person has their own unique insurance category based on several factors; such as the type and condition of the car, driving performance, family details, health status and many more. Different insurance companies have their own preferred insurance category, that’s why your friend may get lower insurance rates than you.
This trend calls for careful assessment of various car insurance quotes from different car insurance companies, to ensure the cheapest car insurance fitted for your condition.
In getting a car insurance quote, downsize your work into several trustworthy insurance companies available in your place. Getting one offline is quite a task as you need to spend time asking for insurance agents over the telephone and may end up with a vague or misleading Ohio car insurance quote.
Behind these troubles, it is good to know that with the help of the Internet, finding car insurance quotes is just few clicks away. Multiple car insurance quotes can be obtained in just a matter of minutes, so you can immediately compare each insurance company’s quote and come up with cheap car insurance for yourself.
Obtaining multiple car insurance quotes is beneficial in determining if a certain insurance company can offer you with a cheap car insurance fitted for your condition, so don’t hesitate in getting several car insurance quotes.
When it comes to getting cheap car insurance Ohio, remember to work on car insurance quotes carefully. Pay attention to its details especially on the insurance coverage given by the insurance company.
Through the coverage of the insurance, the quality of service provided can be determined, and can be helpful as well in evaluating if the amount you are paying on the car insurance is worthy of its coverage.
Don’t forget to assess if a certain car insurance coverage included is necessary for your condition or not so in the end, you will not be paying for coverage that you will never need.
Once you have chosen a favorable car insurance quote for yourself, it is now time to check the background of the insurance company that provides it. Check the service history of the company, and the feedbacks of other clients as well.
Some factors you should consider when negotiating insurance rates:
If you have a driving record that is free of any law violations and ticket records, chances are that you will get much lower insurance rates. A clean driving history indicates that you are a careful driver and the probability of you getting into an accident is much lower. Also, if you have been driving for a longer time without having any accidents, you can get even lower rates. If you have a driver’s record that you can be proud of, you can get a discount on your car insurance premium.
Safety Measures Taken While Driving
If you take certain precautionary measures while driving on a regular basis, you can further negotiate the prices of your insurance premium with your provider. Wearing a seat belt regularly, getting your vehicle’s airbags checked more often and ensuring that the brakes of your car are functional are some practices that can make you insurers’ favorite customer and ensure that they’re more willing to offer you insurance discounts.
Miles You Drive Every Day
The amount of time you spend behind the wheel driving your vehicle is another important determinant that can affect your insurance premium rates. If you drive fewer miles every day, you can get much lower insurance rates, but if you have to travel a long distance every day in your car, you will have to pay more for your insurance. This is because the more you drive, the higher the probability of you getting into an accident will be.
The Vehicle You Are Using
Another factor that decides the rates of your insurance premium is the vehicle you are driving. There are several vehicles that are considered to be safer than others; and if you own such a vehicle, you will be paying less for your insurance. Also, there are certain types of vehicles that get stolen more often, so owning such vehicles will force you to pay more for insurance. You can get a list of the ten most stolen vehicles in Ohio easily from any insurance provider. This will help you determine how much your insurance will cost you in case you own a particular vehicle.
Protection of Your Car
Another factor that can bring down insurance costs is taking certain measures to protect your car. If you have installed a tracking device and an anti-theft mechanism in your car, your insurance company will provide you with discounts that bring down your insurance premiums. Protecting your car against theft is a major factor that can affect your insurance rates while allowing you to get cheap car insurance in Ohio.
By taking care of these few simple things, you can easily get cheap car insurance in Ohio, which requires you to pay a much more affordable annual premium.
There are ways of reducing insurance premiums. These include the following:
- Car insurance premiums differ from one insurance company to another. Insurance premiums also differ between making online payments and payments on physical offices. It is best to find and look for several insurance companies that provide the best Ohio car insurance quote to obtain the most suitable insurance premium. In addition, it is best to pay higher deductible to lower the insurance premium.
- It is also advisable to maintain a good credit score and history to obtain the best deals from car insurance companies.
- It is a fact that cars, which are used for work or registered under companies, obtain higher car insurance coverage as compared to cars registered for personal use.
- If you have several cars in your family, it is best to get a group insurance policy rather than getting one for each car. This would lower insurance premiums tremendously.
- If you are a member of a certain organization, membership clubs, or other professional groups, make sure to check if you are qualified for a discounted Ohio car insurance policy. More often than not, companies offer discounts on the insurance premiums to cover cars, which are owned by members of a particular group or company.
- You can also obtain the best Ohio car insurance quote and low insurance premium by keeping a clean driving record. This means that you should have to driving-related accidents, drunken driving convictions, break downs, or moving violations among others. Many insurance companies provide discounts on insurance premiums for consumers with clean driving records.
- It is also wise to obtain an car insurance policy from the same provider that offers extended life, home, and health policies for your family. If the insurance company is already familiar with you or company knows you well, they are often willing to provide you with the lowest rates on car insurance premiums.
There are other ways of saving on Ohio car insurance policies and lowering insurance premiums. These include living away from the city and staying at a community with lesser traffic, lower accident rates, and lower crime rates. It is also advisable to purchase a low-risk vehicle. More often than not, sports vehicles along with other high-performance cars are high on risks. As such, the insurance premiums of such vehicles are relatively higher than compared to compact cars, sedans, or wagons among others.
Ultimately, you can save on Ohio car insurance policies and premiums simply through following the tips mentioned above.