Cheapest Car Insurance Companies in Ohio (2022)

The cheapest insurers in Ohio: Erie, $32 a month; State Farm, $42; and Progressive, $46.

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Erie offers the cheapest auto insurance in Ohio, at a monthly rate of $32 for a minimum-coverage policy, or $77 for a full-coverage plan. Comparatively, the second-cheapest insurer in the state is State Farm, at $42 a month for minimum liability coverage and $85 for full coverage.

In this article:

Cheapest minimum-coverage car insurance in Ohio

Erie offers the cheapest minimum liability auto insurance coverage in Ohio, at an average monthly rate of $32. Drivers should also compare rates from State Farm and Progressive, which have comparably affordable rates.

Statewide, the average rate quoted for a minimum-coverage policy is $729 a year, or $61 a month.

Company Annual rate Monthly rate
Erie $380 $32
State Farm $508 $42
Progressive $548 $46
GEICO $686 $57
Average $729 $61
Nationwide $876 $73
Allstate $1,027 $86
Grange $1,081 $90
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

What you pay for car insurance in Ohio varies by company and depends on factors like your age, how long you’ve been driving and your driving record, so it's important to compare quotes from multiple insurers.

A minimum liability policy is the cheapest option, but it is primarily meant to financially protect other drivers and their vehicles. If your car is damaged as a result of an at-fault accident and you only have a minimum liability policy, you will likely have to pay out of pocket to repair or replace your car.

Cheapest full-coverage auto insurance in Ohio

Erie offers Ohio drivers the best car insurance rates for full coverage, at $77 a month. There are also plenty of worthwhile alternatives in Ohio. State Farm and Grange both offer full-coverage policies that are a few dollars more per month than what Erie charges.

Company Average annual rate Average monthly rate
Erie $926 $77
State Farm $1,024 $85
Grange $1,160 $97
GEICO $1,320 $110
Average $1,441 $120
Progressive $1,468 $122
Nationwide $1,787 $149
Allstate $2,401 $200
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

The main distinction between a minimum- and full-coverage policy is that full coverage includes comprehensive and collision coverages in addition to liability insurance.

  • Comprehensive coverage reimburses you for damage your car sustains from events out of your control, including natural disasters, theft and falling objects.
  • Collision coverage protects you if your car is damaged from hitting another vehicle or a stationary object, like a pole.

Cheapest car insurance in Ohio for drivers with an accident history

The cheapest auto insurance in Ohio for drivers with an accident history is Erie, at $95 per month, and State Farm, at $102 per month. Both companies raise their insurance prices by around $20 per month for drivers who are found at-fault for an accident.

Company Average annual rate Average monthly rate
Erie $1,144 $95
State Farm $1,227 $102
Grange $1,873 $156
Progressive $2,238 $186
Average $2,251 $188
GEICO $2,546 $212
Nationwide $2,718 $227
Allstate $4,011 $334
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Having an accident on your record indicates to insurers that you are a high-risk driver, and that usually causes your insurance rate to go up. However, accidents typically stop affecting your rates after three to five years, or you can take advantage of companies that offer accident forgiveness as an optional add-on.

Cheapest car insurance in Ohio for drivers with a DUI

Drivers with a DUI can find the most affordable car insurance rates with State Farm, at $1,126 a year, or $94 a month. The next-best option is Erie, which costs approximately $1,363 per year, or $114 a month.

Company Annual rate Monthly rate
State Farm $1,126 $94
Erie $1,363 $114
Grange $1,661 $138
Progressive $1,687 $141
Average $2,256 $188
GEICO $3,069 $256
Allstate $3,363 $280
Nationwide $3,520 $293
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Committing a serious offense like a DUI will likely increase your car insurance premium. In Ohio, you may be required to obtain an SR-22 certificate to verify to the Bureau of Motor Vehicles that you have met the minimum insurance requirements to legally drive in the Buckeye State.

Cheapest car insurance in Ohio for drivers with a speeding ticket

Caught having a need for speed? Consider contacting Erie and State Farm for affordable quotes. Erie offers drivers with a speeding ticket on their records $77 per month for a full-coverage policy, while State Farm's average rate is $94 per month.

Company Annual rate Monthly rate
Erie $926 $77
State Farm $1,126 $94
GEICO $1,668 $139
Grange $1,716 $143
Average $1,790 $149
Progressive $1,819 $152
Nationwide $2,252 $188
Allstate $3,024 $252
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

A speeding ticket will likely cause your insurance rates to increase, but most speeding tickets fall off your record after three to five years, depending on your state.

Cheapest car insurance for 18-year-old drivers in Ohio

Younger drivers typically pay substantially higher car insurance rates than their older, more experienced counterparts. Studies show that teens and new drivers are most likely to be involved in accidents, making them a high risk to insure.

Young people can find the cheapest car insurance rates from Erie and State Farm if they're only looking for a minimum-coverage policy. The average cost of Erie's minimum liability policy is approximately $76 a month, almost the same price as a full-coverage policy for a 35-year-old driver. While State Farm is the second-cheapest insurer, its rates cost $60 more per month than Erie's.

Company Annual rate Monthly rate
Erie $907 $76
State Farm $1,631 $136
Progressive $1,831 $153
GEICO $2,024 $169
Average $2,275 $190
Grange $2,642 $220
Allstate $2,901 $242
Nationwide $3,987 $332
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Cheapest full-coverage car insurance for young drivers

For young drivers looking for more comprehensive coverage in the form of full coverage, your best bet is to contact Erie and Grange. Erie's full-coverage policy costs an average of $188 per month, while Grange costs $205 per month. Grange is a small, Ohio-based insurer that sells insurance in 13 states.

Company Annual rate Monthly rate
Erie $2,250 $188
Grange $2,459 $205
State Farm $3,329 $277
GEICO $4,052 $338
Average $4,406 $367
Progressive $4,613 $384
Allstate $6,220 $518
Nationwide $7,917 $660
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Cheapest full-coverage car insurance for young drivers after an accident

Following an accident, teens might have difficulty finding affordable car insurance rates. Based on our research, the cheapest insurance, by far, comes from Erie, at $215 per month.

Company Annual rate Monthly rate
Erie $2,585 $215
State Farm $4,030 $336
Grange $4,054 $338
Progressive $5,399 $450
Average $5,630 $469
GEICO $6,083 $507
Allstate $8,595 $716
Nationwide $8,665 $722
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Auto insurance for 18-year-old drivers with a DUI

Erie offers the cheapest car insurance for teen drivers with a history of one DUI. Their average monthly cost is approximately $234.

Company Annual rate Monthly rate
Erie $2,803 $234
Grange $3,535 $295
State Farm $3,680 $307
Progressive $4,706 $392
Average $5,799 $483
GEICO $7,296 $608
Allstate $9,103 $759
Nationwide $9,467 $789
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Car insurance for young drivers with a speeding ticket

Young drivers with a speeding ticket can find the best rates with Erie, which charges approximately $197 a month.

Company Annual rate Monthly rate
Erie $2,367 $197
State Farm $3,680 $307
Grange $3,692 $308
GEICO $4,600 $383
Progressive $4,925 $410
Average $5,112 $426
Allstate $8,086 $674
Nationwide $8,433 $703
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Here's how you can save on car insurance as a young driver:

  • Discounts. Most car insurers have a discount menu full of different ways you can save on your policy. This includes savings specifically targeted at young people, including discounts for achieving good grades, accumulating a certain number of volunteer hours or completing a safe driving course.
  • Bundle a policy with your parents. Our analysis shows that signing onto a policy with your parents can save you $99 per month on average compared to getting your own individual plans.
  • Compare rates from multiple companies. The difference between the cheapest and most expensive full-coverage policies for a 18-year-old is over $500. The best way to ensure you receive the best deal is by looking around and being a smart shopper.

Cheapest car insurance for seniors

Erie and State Farm offer the cheapest insurance rates for drivers aged 65. Insurance companies reward experience and, as a result, senior drivers tend to have significantly lower insurance rates than their younger or teenage counterparts.

However, it's still important to take advantage of any opportunities to save. The difference between the cheapest and the most expensive insurer in Ohio is $80 per month. That's why it's still important to shop around with different companies and seek out ways to cut down costs.

Company Annual rate Monthly rate
Erie $364 $30
State Farm $486 $41
Progressive $510 $42
Average $732 $61
GEICO $793 $66
Nationwide $811 $68
Allstate $839 $70
Grange $1,324 $110
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Cheapest full-coverage auto insurance for seniors in Ohio

The best full-coverage car insurance policy is offered by Erie, at $74 a month, or $886 a year. An almost equally affordable option is State Farm, which costs about $79 per month, or $949 per year.

Company Annual rate Monthly rate
Erie $886 $74
State Farm $949 $79
Progressive $1,219 $102
Grange $1,274 $106
Average $1,302 $109
GEICO $1,380 $115
Nationwide $1,623 $135
Allstate $1,785 $149
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Auto insurance for seniors with an accident history

Erie and State Farm offer very affordable car insurance rates for senior drivers after an accident. Both companies offer coverage at a rate of less than $100 per month.

Company Annual rate Monthly rate
Erie $1,104 $92
State Farm $1,141 $95
Average $2,066 $172
Grange $2,088 $174
Progressive $2,204 $184
GEICO $2,429 $202
Nationwide $2,536 $211
Allstate $2,964 $247
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Car insurance for seniors with a DUI

Considering the serious nature of a DUI conviction, it's no surprise that your rates will likely increase regardless of whether you're a teen driver or a much older driver. In Ohio, we found that the best rates for drivers who fit this profile come from State Farm, at $87 per month, on average.

Company Annual rate Monthly rate
State Farm $1,045 $87
Erie $1,323 $110
Progressive $1,579 $132
Grange $1,823 $152
Average $2,112 $176
Allstate $2,493 $208
GEICO $3,180 $265
Nationwide $3,338 $278
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Cheapest car insurance for seniors with a speeding ticket

Older drivers caught with a need for speed can obtain the cheapest rates from Erie, which offers a full-coverage plan at $74 per month. However, it's important to always compare rates from different companies when shopping for a policy. That's why we recommend also comparing rates with State Farm, another affordable car insurance provider.

Company Annual rate Monthly rate
Erie $886 $74
State Farm $1,045 $87
Average $1,665 $139
Progressive $1,717 $143
GEICO $1,770 $148
Grange $1,905 $159
Nationwide $2,088 $174
Allstate $2,243 $187
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Average cost of car insurance in Ohio by city

The cost of car insurance not only varies by state, but also by city. Densely populated areas tend to have more accidents, leading to higher insurance rates compared to smaller cities.

We found that residents of Toledo and Cleveland pay the most expensive car insurance rates in Ohio, while those in Canton and Parma pay some of the lowest premiums.

City Annual rate
Akron $711
Canton $673
Cincinnati $744
Cleveland $763
Columbus $744
Dayton $685
Hamilton $706
Lorain $680
Parma $673
Toledo $788
Note: Average rates are based on non-binding estimates provided by Quadrant Information Services. Your rates may vary.

Minimum car insurance requirements in Ohio

Every state has requirements for drivers to be able to legally operate their cars on the roads. In Ohio, drivers must have insurance that meets the following minimums:

Coverage Limits
Bodily injury (BI) $25,000 per person/$50,000 per accident
Property damage (PD) $25,000 per accident

While this is the least amount of coverage you need to drive in the state, it may not fulfill your individual financial needs.

These coverage limits will not reimburse you for damages sustained by your vehicle in an at-fault accident. To avoid paying high repair rates, we recommend that drivers with new or expensive cars purchase full coverage, higher limits or additional coverages.

Ohioans who don’t want to buy state-minimum car insurance can prove financial responsibility with:

  • A surety bond of $30,000 issued by an authorized surety or insurance company.
  • An Ohio Bureau of Motor Vehicles (BMV) bond secured by real estate with equity of at least $60,000.
  • A BMV certificate for money or government bonds in the amount of $30,000 on deposit with the Ohio Treasurer of State.
  • Penalties for driving without insurance in Ohio

If you’re caught driving without insurance or financial responsibility coverage in Ohio, you could:

  • Lose your driver’s license for up to two years.
  • Need to pay reinstatement fees of $100 to $600.
  • Have to carry SR-22 insurance for three or five years.

The severity of the penalties you face for driving without insurance in Ohio depends on whether it’s your first, second, third or later offense.

Methodology

We conducted our study using quote data obtained through Quadrant Information Services from nine major Ohio car insurance companies. The default driver in our rate analysis is a 35-year-old male with a 2012 Honda Accord LX. He drives 13,500 miles a year.

During instances where we discussed a minimum-coverage policy, the driver met the basic car insurance requirements in Ohio. Our full-coverage analysis used the following limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $100,000 property damage liability
  • $500 collision and comprehensive deductible

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