Who Has Affordable Cincinnati Auto Insurance for a 20 Year Old Male?

The words “cheap” and “insurance” probably shouldn’t be used in the same sentence, especially when you are trying to find the best price on coverage for 20 year old guys. Because it’s so expensive, let’s familiarize you with a few of the factors that have a considerable impact on insurance premiums, and come up with some ideas to lower the cost of your next policy.

The make and model of vehicle you are trying to insure is a significant factor when comparing cheap coverage for 20 year old guys. Vehicles with limited speed and performance, a plethora of safety features, or a low likelihood of having liability claims will cost quite a bit less to insure than high performance models.

The list below shows car insurance premiums for a selection of the cheaper automobiles to buy coverage for.

Cheapest Vehicles to Insure in Cincinnati, OH
Vehicle Insured Estimated Cost for Full Coverage
Honda CR-V EX 4WD $3,063
Honda Accord EX-L 4-Dr Sedan $3,289
Ford Escape Limited 4WD $3,297
Volkswagen Jetta S 2.5 Station Wagon $3,289
Ford Edge SE 2WD $3,314
Toyota Prius $3,335
Ford F-150 XLT Super Cab 4WD $3,404
Chevrolet Impala LS $3,540
Chevrolet Equinox LT 2WD $3,584
Toyota RAV4 2WD $3,591
Dodge Grand Caravan Crew $3,630
Toyota Tacoma Double Cab 4WD $3,640
Ford Explorer Limited AWD $3,630
Chevrolet Malibu LT $3,639
Honda Odyssey EX-L $3,807
Compare Cheap Rates Go

Data rating is based on single male driver age 20, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium amounts do not factor in vehicle location which can raise or lower insurance rates substantially.

Looking at the data, you can conclude that makes and models like the Honda CR-V, Honda Accord, and Ford Escape are most likely going to be some of the most budget-friendly vehicles to insure for young men. The price for car insurance will tend to be more expensive anyway just because there is more risk for 20 year old guys, but in general those vehicles will tend to have the best insurance prices compared to all other vehicles.

Figuring out which companies quote the most affordable insurance rates for 20 year old guys will require a little more sweat in order to find the best policy. Every insurance company has a unique formula for establishing rates, so we will examine the most affordable insurance companies in Cincinnati.

It’s a good idea to know that Cincinnati, OH insurance rates are impacted by many things that will increase or decrease the policy price. Getting older, buying a new vehicle, or getting a speeding ticket can trigger price changes that can now make some companies more affordable than others.

Lowest Insurance Price Quotes for Men Age 20

Click Here to Start Your Quote

Who has the cheapest car insurance in Ohio?
Rank Company Cost Per Year
1 Utica National $628
2 Erie $661
3 Allied $697
4 Frankenmuth $701
5 Travelers $705
6 USAA $719
7 Merchants Insurance Group $778
8 Cincinnati Insurance $779
9 Grange Mutual $804
10 General Casualty $813
11 Motorists Mutual $816
12 Central Mutual $848
13 Hastings Mutual $858
14 State Farm $885
15 Atlantic States $904
16 Western Reserve $932
17 Westfield $936
18 Auto-Owners $988
19 Progressive $991
20 Farmers $995
Find Cheaper Rates Go

Utica National quotes some of the most affordable car insurance rates in Cincinnati at around $628 each year. Erie, Allied, Frankenmuth, and Travelers also qualify as some of the best Cincinnati, OH insurance companies.

As the example above demonstrates, if you are a customer of Frankenmuth and switched to Erie, you might realize a yearly savings of about $40. Ohio drivers with Travelers may save as much as $44 a year, and USAA insureds might reduce prices by as much as $58 a year.

To get a fast rate comparison, click here to begin a quote or quote rates from the companies below.

Bear in mind that those policy rates are averages for all insureds and vehicles and do not take into consideration an exact vehicle garaging location for 20 year old guys. So the company that is best suited for you may not even be in the list above. That points out the importance of why you need to get rate quotes using your own personal information and vehicle type.

Does it make sense to buy full coverage?

Saving money when shopping for insurance should be important to most people, and an easy way to pay less for insurance for 20 year old guys is to not buy full coverage. The illustration below visualizes the comparison of auto insurance rates with full coverage and liability only. The data is based on a clean driving record, no claims, $500 deductibles, single marital status, and no policy discounts are applied.

As an average for all age groups, full coverage costs an additional $1,077 per year more than just buying liability insurance. At some point, almost every driver questions if physical damage coverage is worth the money. There is no definitive rule of when to eliminate physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than 10% of the settlement you would receive from your company, then it might be time to buy liability only.

For example, let’s say your vehicle’s book value is $4,000 and you have $1,000 policy deductibles. If your vehicle is totaled, you would only receive $3,000 after paying your deductible. If you are paying over $300 annually for comprehensive and collision coverage, then you may want to consider only buying liability coverage.

Which insurance company is best in Ohio?

Insuring your vehicle with the right car insurance provider is difficult considering how many different companies there are to choose from in Ohio. The ranking information shown next can help you analyze which auto insurers to look at comparing price quotes from.

The rankings below are only comprised of companies that insure vehicles across America, so companies that have a smaller presence will not be included in the list. To get rate quotes and find cheaper insurance for 20 year old guys, simply click here.

Top 15 Insurance Companies for a 20 Year Old Male in Cincinnati, OH
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 99 100 90 92% A++ 97.4
21st Century 89 86 100 88% A 92.7
GEICO 97 91 88 85% A++ 92.5
Nationwide 88 94 91 88% A+ 91.3
AAA Insurance 93 87 88 87% A 90.8
Liberty Mutual 91 91 92 87% A 90.7
Safeco Insurance 90 93 88 86% A 90.2
State Farm 91 94 80 88% A++ 90.2
Travelers 89 91 94 79% A++ 90.1
American Family 88 92 83 88% A 89.4
Titan Insurance 89 91 83 86% A+ 89.3
Allstate 90 90 84 85% A+ 89.1
Progressive 83 85 99 87% A+ 88.7
Erie Insurance 92 90 82 88% A+ 88.5
The Hartford 87 89 84 87% A+ 88
Compare Rates Now Go

Data Source: Insure.com Best Car Insurance Companies

How to find cheaper insurance for 20 year old guys

Lowering your rates is not difficult, and here are some penny-pinching suggestions that can help Cincinnati drivers quote more affordable auto insurance.

The last idea is particularly important, as was stressed in the prior information. Coverage rates can change significantly in a year, so drivers shouldn’t be resistant to switch to a new company if a more affordable price is available.

Having a favorite company is great, but we do not recommend it if your bullheadedness ends up costing you money that could be used for better things. If you have a few minutes, shop around and find cheaper insurance for 20 year old guys in Cincinnati.

The agencies below are a good start to help you determine which insurance coverage will be best for you, as some drivers have questions and prefer to get some help when comparing insurance rates for 20 year old guys. It can be hard to find the best rates on your own, and getting professional guidance from a licensed agent can provide comfort knowing your coverage gives you adequate protection in case of an accident or claim. To locate an agency closest to you, click the link after the list or click here to compare prices now.

American Family Insurance – Michael Pippin
6097 Montgomery RdCincinnati, OH 45213(513) 531-4800

Huesman Schmid Insurance Agency, Inc
5670 Cheviot RdCincinnati, OH 45247(513) 521-8590

Rick Wertz – State Farm Insurance Agent
7736 Beechmont AveCincinnati, OH 45255(513) 231-0100

Mark Redmond – State Farm Insurance Agent
7225 Colerain Ave Ste 202Cincinnati, OH 45239(513) 221-7836

United Heartland Insurance Agencies
6701 Ruwes Oak DrCincinnati, OH 45248(513) 896-5555

View more Cincinnati, OH insurance agencies