Cheap Ohio Auto Insurance Quotes and Free Ohio Car Insurance Quotes
Car Insurance companies COMPETE
for your business, fill out ONE quick form and get up to FIVE best bids
from THOUSANDS of Cheap Ohio Auto Insurance Quotes companies. We help you get Cheap Ohio Auto Insurance Quotes from leading car insurance companies fast and free with
no obligation on one site, save your time & money, and keep your
information safe.
Most drivers purchase the state-minimum auto insurance. In Ohio, the basic formula is "12.5/25/7.5." Insured motorists must carry $12,500 in injury liability coverage for one person injured in an accident, $25,000 for two or more persons
injured in an accident, and $7,500 for property damage caused in an accident.
In addition, the state-minimum liability insurance covers medical bills resulting
from an accident in which the insured driver is liable. Liability insurance
will also pay for a driver's defense in the event that s/he is sued.
With average ohio auto insurance premium at around $752 in 2003, and the national average at around $914, most Ohioans incorrectly assume that they have no choice but to accept these ohio auto insurance rates fixed by ohio car insurance companies and state regulatory agencies. We know there are cheap ohio auto insurance rates available for you, and we will help you find the cheapest ohio auto insurance quotes.
The state of Ohio does not mandate collision or comprehensive insurance, and it does not maintain a no-fault auto insurance pool. Ohio auto insurers can factor in the following information in determining ohio auto insurance premiums: the age and sex of the
driver; where the driver lives and where the car will be driven; the driving
record of the insured; and, if comprehensive and collision coverage is purchased, the make, model, and year of the insured vehicle.
Uninsured and underinsured motorist insurance is not required by Ohio law,
but it is recommended by the state and may be offered to the insured by the
ohio auto insurance company. Uninsured motorist insurance covers drivers for both bodily injury and property damage in the event that they are hit by an uninsured motorist. Underinsured motorist coverage makes up the gap that may exist between the damage caused by an accident and the underinsured motorist's liability coverage. A motorist may buy uninsured or underinsured motorist coverage only to the same
amount as the motorist's liability insurance.
Unlike most states, the state of Ohio does not specifically mandate
that motorists buy ohio auto insurance. The state does, however, require proof of financial responsibility. That proof may be given in three ways: drivers can purchase the state-minimum of liability insurance; they can post a $30,000 cash bond with the state treasurer; or they can post a $60,000 real estate bond with the Ohio Bureau of Motor Vehicles.
As the years go by, ohio auto insurance rates change, you might be paying more ohio auto insurance premium than you need to. Just one year earlier, the average ohio auto insurance premium in 2002 was about $714, that's an increase of about 5.32% in just one year!
Other Cheap Ohio Auto Insurance Quotes related topics:
