Where in Ohio Do Drivers Pay the Most and Least for Auto Insurance?
—Ohio Data Released on City-by-City and County-by-County Rankings—
AUSTIN, TEXAS (November 1, 2017)—Attention, Buckeye State drivers! Not all auto insurance policies are created equal. A recent study from insuranceQuotes.com assessed the average cost of premiums in more than 800 cities and 88 counties statewide, finding significant variation between regions.
In Ohio, which ranks as the 11th most inexpensive state for car insurance, the average annual cost of an auto policy is $959. But, depending on where you live, the cost can end up being much higher or lower.
“Compared to the rest of the country, Ohio’s auto insurance rates are actually overall relatively low. However, rates vary widely depending on where you live, with certain cities and counties paying significantly higher premiums,” said Laura Adams, senior insurance analyst, insuranceQuotes. “Population density, driving patterns and the competiveness of local markets are all factors in determining rates.”
The following cities, on average, have the most expensive annual auto insurance rates in the state:
- Youngstown – $1,173; 22.32% above the state average
- Toledo – $1,150; 19.87% above
- Cleveland – $1,143; 19.18% above
- Campbell – $1,125; 17.29% above
- Columbus – $1,093; 13.98% above
Meanwhile, the following five cities have the least expensive rates:
- Fremont – $807; 15.88% below the state average
- Findlay – $808; 15.73% below
- Upper Sandusky – $809; 15.63% below
- Coldwater – $810; 15.56% below
- St. Marys – $811; 15.40% below
The study also ranked policy costs by county, finding that Hamilton was the most expensive, with an average annual cost of $1,072, i.e. 11.78% above the state average—and that Hancock was the least expensive county, with an average annual cost of $820, i.e. 14.48% below the state average.
The full report—which includes comprehensive city-by-city and county-by-county rankings—is available at /auto/ohio-insurance-rates-vary-widely-103017.
insuranceQuotes commissioned Quadrant Information Services to examine the average cost of auto insurance premiums in more than 800 Ohio cities. Using a hypothetical 40-year-old driver with a clean driving record and no prior claims, the study also examined the average cost of auto insurance in all 88 counties statewide.
7300 FM 2222
Building 2, Suite 100
Austin, TX 78730