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Holly Hildreth/Getty Images September 06, 2022 June Sham is an insurance writer for Bankrate. Before joining the team, she worked for nearly three years as a licensed producer writing auto, property, umbrella and earthquake policies. Maggie Kempken is an insurance editor for Bankrate. She helps manage the creation of insurance content that meets the highest quality standards for accuracy and clarity to help Bankrate readers navigate complex information about home, auto and life insurance. She also focuses on ensuring that Bankrate’s insurance content represents and adheres to the Bankrate brand. Bankrate logo The Bankrate promise
At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money. Our content is backed by LLC, a licensed entity (NPN: 19966249). For more information, please see our Insurance Disclosure. Bankrate logo The Bankrate promise
Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We’ve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict , so you can trust that we’re putting your interests first. All of our content is authored by and edited by , who ensure everything we publish is objective, accurate and trustworthy. Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — price, customer service, policy features and savings opportunities — so you can feel confident about which provider is right for you. We guide you throughout your search and help you understand your coverage options. We provide up-to-date, reliable market information to help you make confident decisions. We reduce industry jargon so you get the clearest form of information possible. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we’re putting accuracy first. Bankrate logo Editorial integrity
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Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information. Bankrate logo How we make money
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey. Bankrate follows a strict , so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Bankrate logo Insurance Disclosure
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. All car owners in Ohio are required to carry a minimum amount of car insurance. This helps ensure drivers have a baseline amount of financial protection in the event of an accident, though it’s possible to choose higher policy limits than required by the state. Bankrate covers the Ohio minimum car insurance requirements and shares everything else you need to know as an Ohio driver. Compare rates and save on auto insurance today! Get quotes Close X RatesRates keep going up in 2022. Compare rates and save on auto insurance today! Get quotes Close X This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare auto insurance rates
Answer a few questions to see personalized rates from top carriers. Save on auto insurance with quotes from trusted providers like: Drivers switch & save an average of $750+/year Arrow Right Are you overpaying for auto insurance? Arrow Right Safe drivers choose Allstate Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. See more providers in Choose from insurers in Show More RATE INCREASE ALERT Rates increased up to 12% this year
Shop for a better rate before you renew your current policy. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Compare auto insurance rates
Answer a few questions to see personalized rates from top carriers. Save on auto insurance with quotes from trusted providers like: Drivers switch & save an average of $750+/year Arrow Right Are you overpaying for auto insurance? Arrow Right Safe drivers choose Allstate Arrow Right Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. See more providers in Choose from insurers in Show More Car insurance laws in Ohio
Ohio car insurance laws are fairly standard. But whether you are a current Ohio driver, or are preparing to move to the state, understanding the auto insurance laws and is beneficial. Here are the notable : Driving without insurance is illegal. Driving without insurance is illegal in the state of Ohio and getting caught doing so can lead to some heavy consequences. Drivers must carry minimum coverage insurance. All drivers in Ohio must meet the state’s minimum insurance requirement, which is 25/50/25. Driving with less coverage than the state minimum amount is illegal and can result in license suspension. It is illegal to lend your car to someone who is uninsured. In Ohio, you cannot let a friend or family member borrow your vehicle if they are uninsured. Every driver must have some type of insurance or proof of financial responsibility in order to operate a vehicle, even if they do not own a car themselves. Drivers must carry proof of insurance at all times. Drivers in Ohio are legally required to produce proof of insurance whenever requested, meaning that they must always have that proof in their vehicle. Drivers are required to show proof of insurance when requested by law enforcement during a traffic stop, at the scene of an accident and in traffic court. Liability insurance requirements in Ohio
is required by Ohio state law. Ohio auto insurance requirements are abbreviated as 25/50/25, which includes the following: $25,000 in coverage per person $50,000 in bodily injury liability coverage per accident $25,000 in coverage per accident Drivers who purchase minimum coverage car insurance in Ohio will pay the lowest average premiums. However, opting for liability-only coverage is not a recommended strategy for getting cheap insurance. Car accidents can be costly, and there is no guarantee that minimum coverage insurance will cover the full cost of an accident. For example, imagine you cause an accident and the other driver gets rushed to the hospital with multiple injuries. Minimum coverage insurance would only cover $25,000 in medical bills and legal costs. If the other driver ended up with $70,000 in medical bills, you would be responsible for paying the other $45,000 out of pocket. Ohio drivers should also consider the fact that minimum coverage insurance does not include any coverage for their vehicle. Using the example above, if your vehicle sustained $10,000 worth of damage in the accident, you would be responsible for the cost of repairs in full. Is Ohio a no-fault state
No, Ohio is not a . Ohio is considered to be a fault state, also called a tort state. While no-fault states mean that a driver’s insurance company pays their costs and expenses regardless of who caused the accident, a fault state (like Ohio) means that the at-fault driver’s insurance company pays those costs for everyone involved. Penalties for driving without insurance in Ohio
The penalties for driving without minimum car insurance in Ohio are serious. Any driver that is caught not complying with Ohio insurance laws will . Here are the consequences of driving without insurance in Ohio: First offense: The driver’s license will be suspended until they can show proof of insurance. The driver must pay a $100 reinstatement fee to get their license back. Second offense: The driver’s license will be suspended for one year and they must pay a $300 reinstatement fee to get their license back. Third offense and beyond: The driver’s license will be suspended for two years and they must pay a $600 reinstatement fee to get their license back. Drivers who fail to surrender their driver’s license are charged a $50 fee. Additionally, all drivers who are caught driving without insurance are required to purchase an to demonstrate proof that they have proper insurance going forward, and which will typically be required for three to five years, depending on the offense. Additional auto insurance coverage options in Ohio
Although Ohio auto insurance requirements have a minimum coverage requirement, most drivers in Ohio choose to purchase even more coverage for extra financial protection. Here are some additional auto insurance coverage options that are available in Ohio: Collision insurance: pays to repair vehicle damage after a covered accident. This policy also covers accidents with stationary objects. In Ohio, the average cost of collision insurance is around for full coverage. Comprehensive insurance: Comprehensive insurance pays to repair vehicle damage stemming from non-accident situations, like falling objects, fire or theft. In Ohio, the average cost of is about . Gap insurance: Gap insurance may be a beneficial coverage for drivers who lease or finance a new vehicle. If your car is totaled after a covered accident, will pay out the difference between the car’s value and the balance remaining on your loan. Roadside assistance: is a popular add-on coverage that provides basic car repairs, towing, extrication, fuel delivery, lockout services, battery replacement and more. This coverage is available from most insurance companies. Frequently asked questions
What is the best car insurance company in Ohio
The in Ohio will depend on each driver’s individual needs, coverage selections and priorities. For example, a driver who wants to personalize their car insurance policy with numerous optional coverage will want something very different from a driver who wants only basic coverage. Understanding what you want most from your car insurance company can help narrow down a list of potential insurance carriers to explore.
What is the cheapest car insurance in Ohio
Based on Bankrate’s extensive analysis of average premiums throughout the state, the are USAA, Erie and State Farm for minimum coverage insurance. Hastings Mutual, USAA and Geico offered the cheapest average premiums for full coverage insurance among the companies we studied. However, it’s important to keep in mind that your individual rates may vary. Insurance companies in Ohio can use like ZIP code, age, credit score, driving record and more to calculate a driver’s premium.
How much does car insurance cost in Ohio
The in Ohio is $1,200 per year for full coverage and $336 per year for minimum coverage. Ohio drivers pay some of the cheapest car insurance premiums throughout the country, on average. For comparison, the national average cost of a full coverage policy is $1,771 per year and $545 per year for minimum coverage. SHARE: June Sham is an insurance writer for Bankrate. Before joining the team, she worked for nearly three years as a licensed producer writing auto, property, umbrella and earthquake policies. Maggie Kempken is an insurance editor for Bankrate. She helps manage the creation of insurance content that meets the highest quality standards for accuracy and clarity to help Bankrate readers navigate complex information about home, auto and life insurance. She also focuses on ensuring that Bankrate’s insurance content represents and adheres to the Bankrate brand.