This Ohio Auto Insurance Guide is designed to give customers information that they could find useful when shopping for car insurance in any part of the Buckeye State.
Some location specific factors that can affect you car insurance premiums are theft rates, fatality rates, and state requirements.
Use this guide to Ohio auto insurance as a road map to direct you on your journey to buying driving coverage.
State Requirements for Drivers Ohio state law requires that motorists be able to prove financial responsibility in the event that there is an accident.
Most of the time, this requirement is met by purchasing liability insurance.
The state requires that motorists carry at least $12,500 in bodily injury coverage per person, $25,000 in bodily injury coverage for accidents that involve more than one person and $7,500 in property damage coverage.
These coverage amounts are the minimum.
Most people elect to purchase additional coverage in the way of collision or comprehensive insurance since liability coverage would still leave many costs unpaid in the event of an accident.
The more coverage you purchase the more you will pay in premiums.
How Fatalities Impact Your Rates Fatality rates can also affect your car insurance premiums.
There is good news for motorists though.
In 2009, the national fatality rate fell to record low of 1.
27 per 100 million vehicle miles traveled.
Montana's was the highest with a rate of 2.
5 and Rhode Island and Massachusetts were tied for the lowest at a rate of 0.
8.
Ohio's fatality rate was 1.
1.
A lower than average fatality rate should positively impact the cost of Ohio car insurance.
Auto Theft Statistics and Ohio Drivers Ohio was ranked the 9th highest state in the nation for auto theft with 37,425 per year and Columbus, Ohio was ranked 22nd highest city in the country.
The likelihood that your car will be stolen can increase the cost of your car insurance; but, you can also receive discounts if you counteract the risk by installing anti-theft devices on your vehicle.
Some location specific factors that can affect you car insurance premiums are theft rates, fatality rates, and state requirements.
Use this guide to Ohio auto insurance as a road map to direct you on your journey to buying driving coverage.
State Requirements for Drivers Ohio state law requires that motorists be able to prove financial responsibility in the event that there is an accident.
Most of the time, this requirement is met by purchasing liability insurance.
The state requires that motorists carry at least $12,500 in bodily injury coverage per person, $25,000 in bodily injury coverage for accidents that involve more than one person and $7,500 in property damage coverage.
These coverage amounts are the minimum.
Most people elect to purchase additional coverage in the way of collision or comprehensive insurance since liability coverage would still leave many costs unpaid in the event of an accident.
The more coverage you purchase the more you will pay in premiums.
How Fatalities Impact Your Rates Fatality rates can also affect your car insurance premiums.
There is good news for motorists though.
In 2009, the national fatality rate fell to record low of 1.
27 per 100 million vehicle miles traveled.
Montana's was the highest with a rate of 2.
5 and Rhode Island and Massachusetts were tied for the lowest at a rate of 0.
8.
Ohio's fatality rate was 1.
1.
A lower than average fatality rate should positively impact the cost of Ohio car insurance.
Auto Theft Statistics and Ohio Drivers Ohio was ranked the 9th highest state in the nation for auto theft with 37,425 per year and Columbus, Ohio was ranked 22nd highest city in the country.
The likelihood that your car will be stolen can increase the cost of your car insurance; but, you can also receive discounts if you counteract the risk by installing anti-theft devices on your vehicle.