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In general, our study found that car insurance rates are much higher for younger drivers. Find insurance that can cover expensive vet bills. Find out the best coverage that covers all conditions of damages and offers you best premium. Here you can find answers to your car insurance questions without having to pick up the phone. In Ohio, the average difference in car insurance rates between the two drivers is only 4%, or about $31 a year. This results in a difference of about $101 for women and $77 for men. For drivers who are 60, our study found Nationwide to have the cheapest average rates, coming in 16% below the state average for women and 13% under the state average for men. The men could save about $199 with Nationwide compared with the state average. However, Erie’s rates are about 21% more for the high-mileage drivers, which could cost them an extra $135 a year compared with the state average.
Our study took a look at Ohio car insurance rates by credit score, and found that rates are 73% higher, on average, for drivers with poor credit compared to those with good credit. Your past driving record will impact your car insurance rates, so our study took a look at drivers with a clean record, with one speeding violation, with one accident and with one DUI on record. For 23-year-olds, North Carolina offers the cheapest car insurance with an average rate of $145 per month, which is slightly under half the price of the national average. For drivers with high coverage, Nationwide offers the lowest average rates in Ohio, coming in 18% below the state average. A driver with fair credit will pay an average of 20% more than one with good credit in Ohio, which equals about $174 more a year. In Ohio, drivers with low coverage pay 4% (or about $36 a year) less than drivers with medium coverage, and 8% (or about $75 a year) less than drivers with high coverage. Article was generated by GSA Content Generator Demoversion.
Not every insurer will define full coverage the same way. The same is true for the age group at the extreme opposite end of the spectrum - the seniors. It is worth noting that State Farm and Erie Insurance do not change their average rates by gender within the 35-year-old and 60-year-old age groups. Does Iowa Accept Digital Insurance Cards? Does Mississippi Accept Digital Insurance Cards? The cheapest car insurance available for Ohio drivers with poor credit is Nationwide, which costs 31% less than the state average - a savings of about $480 a year. For drivers with a clean record, Geico has the cheapest average rates, which are about 15% below the state average, or about $133 less each year. Average rates at Geico are 15% less than the Ohio average, or about $132 less each year. Our study found that Geico has the cheapest average rates for drivers with low coverage, costing 15% less than the state average, or about $131 a year. Geico is also the cheapest insurer for 35-year-old women in Ohio. A 35-year-old woman will pay about 13% more than a 60-year-old woman, on average, while a 35-year-old man will pay about 10% more than a 60-year-old man.
On average, a 25-year-old woman will pay about 20% more than a 35-year-old woman, while a 25-year-old man will pay 25% more than a 35-year-old man in Ohio. American Family Insurance also has the lowest average rates for drivers with one DUI, costing about 29% less than the state average, or $368 less a year. With a DUI, a driver will pay an average of 44% more than a driver with a clean record, or $391 more a year. An accident could cost a driver an average of 40% more than one with a clean record, or about $355 more a year. For example, a 2015 Consumer Reports survey shows that single respondents with just “good” credit paid as much as a whopping $526 more a year (depending on their state) than similar drivers with the best credit scores. The insurer that offers you the best rate may be very different from those best-suited for your peers or family members. Erie Insurance offers average rates that are 12% less than the state average, which could save this driver about $119 a year. Your credit score isn't necessarily indicative of your driving skills, but having bad credit can still make your insurance rates go up.