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We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.
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The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. SHARE: Photo by Mike Kline (notkalvin)/Getty Images December 31, 2021 Mary Van Keuren has written for insurance domains such as Bankrate, Coverage.com, and The Simple Dollar for the past five years, specializing in home and auto insurance. She has also written extensively for consumer websites including Reviews.com and Slumber Yard. Prior to that, she worked as a writer in academia for several decades. 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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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. Ohio’s traffic laws rank among the worst in the country, according to a recent survey, and that impacts the roads in Toledo as well. 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 Lucas County, where the city is located, sees each year, with in 2020, according to the Ohio State Police. The county also saw that same year. Car insurance is mandatory in Ohio, and the annual average premium in Toledo for minimum and full coverage are $420 and $1,195 respectively. Although higher than the , the cost is still cheaper than the national average. Best car insurance companies in Toledo
To find the best car insurance Toledo we checked out company websites for ease of use and looked at their rankings with organizations such as J.D. Power – which assesses customer satisfaction. We looked at average premium costs as well as the range of discounts that can keep those premiums below average. Insurance company J.D. Power score Average annual premium for minimum coverage Average annual premium for full coverage Auto-Owners 890/1,000 $432 $1,187 Erie 880/1,000 $317 $1,074 Hastings Mutual Not Rated $390 $946 State Farm 881/1,000 $405 $1,109 USAA 890/1,000 $295 $907 Auto-Owners
Auto-Owners scores third place in ranking, which shows that the company places a high value on service to their policyholders. It offers liability, collision and comprehensive coverages, along with options such as roadside service, gap payments and a personal Auto Plus package that includes identity theft and lock-out coverage. There are lots of ways to save money with Auto-Owners, as the company has discounts for bundling, safety features, good students and more. Erie
Erie’s average annual costs for minimum and full coverage are $317 and $1,074, which are below the Toledo average. The company has robust coverage options that include extras like pet coverage and full glass coverage. There is also the option to sign on for roadside service and locksmith service. Personal items coverage helps pay for losses of your belongings if they are in the car when you have an accident, while Erie’s Rate Lock feature means your rates will not increase following a claim on your policy. Hastings Mutual
Hastings Mutual is a regional insurer that’s been writing policies in the Midwest since 1885. Hastings auto insurance includes liability as well as collision, comprehensive, and uninsured/underinsured motorist coverage. It has a few options that are not usually included in policies, including travel interruption coverage and loss of use and diminished value coverage for rented vehicles. The company offers a good handful of discounts, such as defensive driving, claims-free and multi-policy discounts. State Farm
State Farm is well-known for offering extensive coverage with good discounts at a great price point. Its average annual cost for Toledo drivers for minimum and full coverage is $405 and $1,109, respectively. State Farm is near the top of J.D. Power’s customer satisfaction listing, which indicates a focus on serving the needs of its customers efficiently and quickly. State Farm’s discounts include several that reward good driving habits, including the company’s Drive Safe and Save program, and Steer Clear, which gives young drivers the chance to save up to 15 percent on their premium. USAA
USAA may be the best insurance company you’ve never heard of — unless you’re in the military or a veteran, in which case you probably know about the company’s rock-solid coverage options and great prices. USAA only sells to military families, but if you’re in that demographic, we suggest you make it the first stop for a quote. Its average premium for Toledo drivers is a low $295 per year for minimum coverage and $907 per year for full coverage — which was the cheapest of all our car insurance quotes in Toledo. USAA is also at the top of J.D. Power’s customer satisfaction list, and its reputation for customer service is stellar. Cheapest car insurance in Toledo
Toledo’s average car insurance premiums are $420 and $1,195 annually, for minimum and full coverage. This is higher than the , which are $321 and $1,119 annually. On the plus side, Toledo’s costs are well below the national car insurance averages of $563 and $1,738 annually. Insurance Company Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage USAA $295 $907 Erie $317 $1,074 Geico $355 $979 Allstate $402 $1,446 State Farm $405 $1,109 USAA, Erie and State Farm are all on our “best of” listing because they do more than just give you the cheapest car insurance in Toledo: they also offer above-average customer service and responsiveness, and have excellent ratings for financial stability as well. Geico also excels when it comes to low prices, and an extensive discount list helps reduce prices even more. Neither Geico nor Allstate rank as high as the others on J.D. Power’s listing, but both still land above the industry median in the rankings. Toledo insurance requirements
At a minimum, Ohio requires that you have a 25/50/25 policy. That means you must carry enough insurance that your insurer will pay the following maximum amounts if you are in an at-fault accident: $25,000 of bodily injury (BI) liability, for a single person’s injuries $50,000 total BI liability, for all injuries in a single accident $25,000 property damage (PD) liability, to pay for damages to the other car as well as other property including fences and light posts If you lease your car or have a car loan, your lender will probably require you to have collision and comprehensive coverage. In addition, most insurance experts would recommend that you purchase additional liability on top of the minimum to better protect you if you were in a serious accident with expensive injuries or damage. Car insurance discounts in Toledo
Discounts can make a big difference in the amount you pay for your insurance — and some are easy to earn. Safe driver discounts: Insurers use small devices installed (with your permission) in your car and telematics technology to collect real-time data on your driving habits. If you are a safe and careful driver, you can save significantly. Paperless discount: You can save a small amount if you agree to receive documents via email rather than postal mail. You can also save by paying electronically. Student discounts: Many insurers offer a discount to teens and young drivers who take a defensive driving course. Some offer discounts for students who achieve good grades at school. Bundling: Almost every insurer offers a small discount on both premiums if you bundle your car insurance along with homeowners or renters insurance. Safety features: Airbags, anti-theft devices, anti-lock brakes and other safety features can earn you a discount. Frequently asked questions
What is the best car insurance company
Because insurance is personal and depends upon specific requirements, the may not be the same for everyone. To find the most ideal insurer for your needs, it is best to collect and compare quotes from the top providers in your city, before looking into the coverage options. Do not forget to check customer reviews to learn about the company’s reputation in the market. How much does car insurance in Toledo cost
The average annual cost of a car insurance policy in Toledo is $420 for Ohio minimum coverage and $1,119 for full coverage. Your own cost will probably differ, since there are a wide range of factors that go into each premium, including your age and credit rating, your car’s make and model and your driving record. Does Toledo require no-fault insurance
Ohio is an at-fault state. Therefore, no-fault insurance is not required in Toledo or anywhere else in the state. In the event of an accident, the driver at fault is charged for the damages. Methodology
Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits: $100,000 bodily injury liability per person $300,000 bodily injury liability per accident $50,000 property damage liability per accident $100,000 uninsured motorist bodily injury per person $300,000 uninsured motorist bodily injury per accident $500 collision deductible $500 comprehensive deductible To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually. These are sample rates and should be used for comparative purposes only. Your quotes may be different. SHARE: Mary Van Keuren has written for insurance domains such as Bankrate, Coverage.com, and The Simple Dollar for the past five years, specializing in home and auto insurance. She has also written extensively for consumer websites including Reviews.com and Slumber Yard. Prior to that, she worked as a writer in academia for several decades. Related Articles