East Coast Auto Insurance offers top rated Ohio auto insurance companies from Allstate to Geico and Progressive and 21st Century. We will help you find suitable coverage no matter what your driving history is. Call us now at 888-206-0565 for immediate assistance.
Ohio requires all vehicle owners provide ‘proof of financial responsibility’ when operating a motor vehicle.
Financial responsibility can be established by depositing at least $30,000 with the State Treasury, or by purchasing a surety bond from an Ohio approved company in the amount of $30,000, or simply by purchasing a Liability Insurance policy.
Ohio requires the following minimum coverage, should you decide to purchase an insurance policy:
- $12,000 bodily injury for one person, per accident
- $25,000 bodily injury for two or more persons, per accident
- $7,500 property damage
Should you be found to be ‘at fault’ in an accident you (your insurance company) will be liable for costs associated with the accident and cost of the possible lawsuits that may ensue after the accident. Therefore, most insurance and legal experts recommend much higher limits and additional coverages such as Personal Injury Protection, Uninsured/underinsured motorists, collision and comprehensive insurance.
What are the rules and guidelines auto insurance companies must follow regarding the use of Personal Credit History in selecting applicants and setting rates?
In the state of Ohio, it is legal for insurers to use Personal Credit History to help determine rates and which products they will offer. Your Personal Credit History may also be used to determine whether you will be making monthly or quarterly payments or if you will be required to pay the entire premium upfront. Personal Credit History is also used to create an “insurance risk score.” This score also helps determine your auto insurance rates. In order to enjoy a lower insurance premium, pay your bills on time in an effort to improve your score. This will also help improve your credit history so that in the long run, you can save money on your car insurance premium. That said, Personal Credit History is not the only assessment tool Ohio auto insurance companies may use. They also consider age, gender, where you live, car make and model, how much you drive, and driving record.
Is the state a No Fault or Tort state? What does either mean to the policy owner?
The state of Ohio follows a Tort System. What this means is, if you are involved in an accident, someone must be found to be the cause or fault of the accident. The person deemed at fault is responsible for all damages. Damages are usually handled through the at-fault person’s insurance company. Because Ohio is a Tort state, most insurance companies recommend that driver’s consider carrying higher coverages than the state minimums.
What is the average auto insurance premium in this state? As of what year?
As of 2006, Ohio resident’s average insurance premium was approximately $654, the 39th most expensive in the nation. This was down 2.3% from the previous year. The national average was $817.
In the state of Ohio, driving under the influence is a serious offense. If you are caught driving under the influence in the state of Ohio, you will have to serve mandatory jail time, and you could be fined up to $1,000 – even if it’s your first offense. In most cases, drivers with multiple offenses will have to forfeit their vehicles. In others, the drivers could lose his driving privileges for life.
Car accidents claim more than 5,000 precious teen lives each year. And each year, more than 400,000 teens are involved in accidents where one or more passengers are seriously injured. While 16-20 year olds account for the vast majority of accidents involving young drivers, first year drivers are involved in car crashes more often than any other group. In an effort to reduce the number of non-fatal and fatal traffic accidents involving teens, the state of Ohio has adopted the Graduated Driver Licensing (GDL) program.
Our professional agents review each application individually and recommend appropriate limits, insuring you and your assets are fully protected.
Call now: 888-206-0565
We place coverage only with top rated companies.
- 21st Century
- Liberty Mutual
- AARP
- Nationwide
- AIG
- Progressive
- Allstate
- State Farm
- Esurance
- Travelers
- Geico
- Zurich
- Kemper