Average Monthly Car Insurance Costs in Ohio
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Full Coverage Insurance: Approximately $150 per month. This includes liability, collision, and comprehensive coverage. For example, Bankrate reports an average annual premium of $1,806 for full coverage, which equates to about $150 per month. bankrate.com+2bankrate.com+2bankrate.com+2
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Minimum Coverage Insurance: Around $40 per month. This covers only the state’s required liability limits. Bankrate notes an average annual premium of $482 for minimum coverage, translating to approximately $40 per month. bankrate.com+1axios.com+1moneygeek.com+2bankrate.com+2bankrate.com+2
📊 Monthly Car Insurance Costs by Age Group in Ohio
| Age Group | Average Monthly Premium (Full Coverage) |
|---|---|
| 16 | $388 |
| 17 | $370 |
| 18 | $334 |
| 19 | $228 |
| 20s | $120 |
| 30s | $84 |
| 40s | $80 |
| 50s | $74 |
| 60s | $76 |
| 70s | $92 |
*Source: The Zebra *thezebra.com+1lemonade.com+1
💡 Factors Influencing Car Insurance Rates in Ohio
Several elements can affect your car insurance premium:
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Age: Younger drivers typically face higher rates due to inexperience.
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Driving Record: Accidents or violations can increase premiums.
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Vehicle Type: Luxury or high-performance cars may cost more to insure.
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Location: Urban areas with higher traffic density can lead to higher rates.
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Credit History: In some cases, insurers consider credit scores when determining rates.thezebra.com
✅ Tips to Lower Your Car Insurance Costs
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Maintain a Clean Driving Record: Avoid accidents and traffic violations.
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Choose a Higher Deductible: This can lower your monthly premium.
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Bundle Policies: Combine auto insurance with other policies like homeowners for discounts.
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Shop Around: Compare quotes from different insurers to find the best rate.