Ohio Auto Insurance Online |
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 Comparing auto insurance quotes online is the best way to find a competitive rate from a reliable company. Even most state's department of insurance suggest comparing quotes from multiple companies. OnlineAutoInsurance.com helps you easily obtain rates from various reputable insurers by completing one simple form. Ohio state laws require that consumers follow a Financial Responsibility law requiring each driver to obtain an auto insurance policy providing coverage for bodily injuries and/or property damage to other persons in case of an accident where the policyholder is found liable.
Ohio’s financial responsibility law consists of two parts:
Bodily Injury coverage - Covers up to the policy limits for bodily injuries to other parties as a result of an accident caused by the insured. Injuries may also include loss of wages and pain and suffering. Your coverage would pay these costs plus the cost of defense in a court of law. The state requires that you have a minimum policy limit for bodily injury of $12,500 per person and $25,000 total per accident.
Property Damage coverage – Covers up to the policy limits for damage you are legally responsible for to other persons property as a result of an accident. OH car insurance laws require that your policy have a minimum of $7,500 for property damage liability.
Other coverage can be available for purchase such as Uninsured or Underinsured Motorist Coverage which covers the insured (policyholder) in the event that you incur injuries caused by a driver that does not have a policy or if you are a victim of a hit and run accident. Underinsured Motorist Coverage also will help pay in excess of another’s policy if the limits are insufficient.
Coverage for your vehicle is also available. It is referred to as Comprehensive and Collision coverage. If you are financing your vehicle, comprehensive and collision protection may be required.
Collision coverage pays for any damage to your vehicle as the result of a collision with another vehicle or any object such as a light pole. Although this is not a state requirement, it should be purchased to cover the potential of damage to a vehicle if desired.
Comprehensive coverage pays for damage to your vehicle as a result of damages other than collision such as theft, fire, vandalism and more. Although not required by law, this coverage is needed if you want coverage against theft and other perils.
| There are multiple factors that affect your Ohio auto insurance premiums:- The vehicle you drive is an important factor in determining your rates. A more expensive automobile is generally more expensive to insure with a few exceptions.
- There are a few discounts available to help lower premiums with vehicle features such as airbags, low-jack devices, alarms and automatic seatbelts among others.
- Garaging address impacts your premium as well. Some areas or cities can generate a higher or lower premium than others. Also where you keep your vehicle at night can be a determining factor in rate. Safe places like locked garages can reduce chances of theft which can lower premiums.
- Your driving record and accident history will directly affect your premium such as speeding tickets or accidents and even drinking and driving convictions.
- If you have made a lot of claims in the past, companies can use that to raise your rates. The state of OH suggests not claiming small fender benders to avoid an increase in rates.
- The coverage you get will also impact your rates. If you get lower coverage, generally your rates will be lower. If you have high deductibles, your rates will also be lower.
It is suggested that you compare auto insurance in Ohio and obtain quotes for multiple types of coverage in order to make a decision on the policy you want and can afford.
For information on state laws, visit the Ohio Department of Insurance. |
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