Drivers in Ohio must be insured to drive legally. Without this coverage, drivers could be fined or have their license suspended.
Ohio drivers also must carry proof at all times. You may be required to show this proof when a traffic officer stops you, at an accident scene or at a vehicle inspection.
Minimum coverage for Auto Insurance
Ohio requires all motorists to carry insurance for bodily injury and property damage. The state of Ohio requires motorists to carry liability insurance, which protects other people and their property in the event of an accident.
Liability insurance pays for your medical bills and legal expenses if you are found responsible in an accident. The insurance covers costs for repairs and replacements to other people's belongings if an accident occurs.
Our online tool will allow you to obtain a car insurance quote for Ohio. You can see the average rate for each insurance company in your locality and compare it to find the most affordable deal.
The most important aspect of a car insurance policy is the amount of coverage that you get for your money. It is important to have full coverage for your car insurance policy in Ohio. That includes collision and comprehensive coverage.
You can lower your monthly payments by increasing your deductible. You will pay less each month, but if you have to file a claim you may be required to pay more.
You can also save money on auto insurance by increasing your limits. This is particularly true if your accident involves serious injuries or extensive damage to the vehicle.
Uninsured and Underinsured Motorists
When an accident happens, drivers who do not have auto insurance will be hit by hefty costs. This is why many experts recommend a third party policy, which provides liability coverage for uninsured or underinsured drivers.
You can also buy extra protection to increase your financial safety, such as uninsured/underinsured motorist liability coverage (UM/UIM). This coverage is essential in case of an accident caused by someone without insurance.
Car Insurance Rates in Ohio
The cost of auto insurance in Ohio is generally lower than other states. The reason for this is that there are few claims and more skilled drivers.
You will still be charged a premium based on the type of vehicle you drive, your credit history, and your driving records. Compare quotes from several insurance companies to find the best deal.
You may find it hard to obtain affordable auto insurance if you have a low credit score. Some lenders will not finance or lease vehicles to customers unless they have proof of insurance. This can cause problems for drivers who are less experienced or with a poor driving record.