You’ve seen the catchy advertisements from companies like Progressive, Farmers, and The General that guarantee huge savings. So you should just choose any of them, right?
It’s just not that simple, as there are many unknowns like any tickets or violations, the safety features built into your vehicle, the amount of liability coverage you want, and your date of birth, that all influence how much you pay for auto insurance. Car insurance is kind of a dry topic, but this article will explain the different scenarios that increase car insurance cost and also should give you some help in finding cheaper rates.
One of the more important criteria that are looked at to help calculate the annual cost of car insurance is where you normally keep your vehicle. Areas with more people or even just a higher incidence of claims tend to pay slightly more, whereas areas with less people or fewer weather incidents have the luxury of cheap car insurance rates.
The table below shows the most costly cities in Ohio for drivers with accidents to buy an auto insurance policy in. Cincinnati is ranked #6 with an annual cost of $1,186 for the average policy, which is around $99 each month.
| Rank | City | Annual Premium |
|---|---|---|
| 1 | Toledo | $1,241 |
| 2 | Youngstown | $1,235 |
| 3 | Cleveland | $1,222 |
| 4 | Columbus | $1,211 |
| 5 | Cleveland Heights | $1,202 |
| 6 | Cincinnati | $1,186 |
| 7 | Hamilton | $1,135 |
| 8 | Euclid | $1,129 |
| 9 | Akron | $1,123 |
| 10 | Dayton | $1,120 |
| 11 | Newark | $1,095 |
| 12 | Springfield | $1,094 |
| 13 | Fairfield | $1,085 |
| 14 | Canton | $1,069 |
| 15 | Middletown | $1,066 |
| 16 | Strongsville | $1,041 |
| 17 | Kettering | $1,040 |
| 18 | Parma | $1,037 |
| 19 | Lakewood | $1,031 |
| 20 | Beavercreek | $1,016 |
| 21 | Lorain | $1,015 |
| 22 | Mansfield | $1,002 |
| 23 | Cuyahoga Falls | $997 |
| 24 | Mentor | $978 |
| 25 | Elyria | $965 |
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Information shown are comparative as specific Cincinnati zip code can affect prices substantially.
The vehicle to be insured is probably the largest consideration when quoting the most affordable insurance for drivers with accidents. Vehicles with lower performance, good crash test ratings, or a track record of few liability claims will cost substantially less to insure than higher performance models.
The list below showcases auto insurance prices for the most cost-effective vehicles to buy coverage for.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 2WD | $2,837 |
| Honda CR-V EX-L 2WD | $2,871 |
| Honda Accord EX-L 4-Dr Sedan | $3,048 |
| Toyota Prius | $3,230 |
| Dodge Grand Caravan CV | $3,328 |
| Ford Edge SE 2WD | $3,348 |
| Honda Odyssey LX | $3,353 |
| Ford F-150 STX Regular Cab 2WD | $3,348 |
| Toyota RAV4 Limited 2WD | $3,365 |
| Ford Explorer Eddie Bauer AWD | $3,402 |
| Volkswagen Jetta SE 2.5 Station Wagon | $3,451 |
| Honda Civic DX 4-Dr Sedan | $3,476 |
| Jeep Grand Cherokee Laredo 4WD | $3,515 |
| Chevrolet Equinox LS 2WD | $3,520 |
| Chevrolet Impala LT | $3,567 |
| Chevrolet Malibu LTZ | $3,576 |
| Toyota Tacoma Double Cab 4WD | $3,613 |
| Hyundai Sonata GLS 4-Dr Sedan | $3,635 |
| Toyota Corolla LE | $3,741 |
| Hyundai Elantra SE 4-Dr Sedan | $3,748 |
| GMC Sierra SL Crew Cab 2WD | $3,741 |
| Jeep Wrangler Unlimited Sport Islander Package 4WD 4-Dr | $3,780 |
| Chevrolet Silverado 2500HD LT Crew Cab 4WD | $3,788 |
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Table data represents single male driver age 40, no speeding tickets, two at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, multi-policy, and multi-vehicle. Rates do not factor in the specific area where the vehicle is garaged which can change insurance rates greatly.
Looking at the data, we can tell that vehicles like the Ford Escape, Honda CR-V, and Honda Accord are a few of the more affordable vehicles to insure for drivers with at-fault accidents. The price of auto insurance will be more expensive just due to the fact that there is more risk for drivers with accidents, but overall those specific models will probably have the lowest prices compared to other vehicles.
Deciphering which insurers offer the cheapest auto insurance rates for drivers with accidents will involve more time in order to find the lowest price quote. Each auto insurance company uses their own calculation to establish rates, so let’s rank the most competitive auto insurance companies in Ohio.
It’s important to know that Cincinnati auto insurance rates are determined by lots of factors which can significantly increase or decrease the price of coverage. Simply having a birthday, buying a home, or getting a speeding ticket may prompt premium changes that can now make some companies more affordable than before.
Find the Cheapest Car Insurance for Accident Prone Drivers
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Utica National | $647 |
| 2 | Allied | $669 |
| 3 | Frankenmuth | $680 |
| 4 | Erie | $681 |
| 5 | USAA | $711 |
| 6 | Travelers | $712 |
| 7 | Cincinnati Insurance | $756 |
| 8 | Merchants Insurance Group | $778 |
| 9 | Motorists Mutual | $800 |
| 10 | Grange Mutual | $804 |
| 11 | General Casualty | $805 |
| 12 | State Farm | $858 |
| 13 | Central Mutual | $874 |
| 14 | Hastings Mutual | $893 |
| 15 | Westfield | $908 |
| 16 | Atlantic States | $940 |
| 17 | Western Reserve | $961 |
| 18 | Progressive | $982 |
| 19 | Auto-Owners | $998 |
| 20 | American Family | $1,021 |
| Get Personalized Rates Go | ||
Utica National has some of the best car insurance rates in Cincinnati at around $647 per year. This is $393 less than the average premium paid by Ohio drivers of $1,040. Allied, Frankenmuth, Erie, and USAA are also some of the cheapest Cincinnati, OH car insurance companies.
As shown above, if you currently have coverage with Erie and switched to Utica National, you might achieve a yearly savings of upwards of $34. Policyholders with USAA might save as much as $64 a year, and Travelers insureds might reduce prices by as much as $65 a year.
It’s important to note that these estimates are averages across all drivers and vehicles in Ohio and do not take into consideration a specific vehicle garaging location for drivers with accidents. So the company that can offer you the lowest price may not even be in the list above. That emphasizes why you need to get auto insurance quotes using your own driver information and specific vehicle type.
Impact of citations and accidents on Cincinnati insurance rates
The easiest way to earn cheap auto insurance rates in Ohio for drivers with at-fault accidents is to pay attention while driving and avoid accidents and violations. The diagram below highlights how traffic violations and accidents increase annual premium costs for different age categories. The costs are based on a married female driver, comp and collision included, $1,000 deductibles, and no discounts are applied.
The chart shows that the average cost of auto insurance in Cincinnati per year with no violations or accidents is $802. Receive two speeding tickets and the average cost increases to $1,131, an increase of $329 each year. Now add one accident along with the two speeding tickets and the yearly cost of auto insurance for drivers with accidents goes up to an average of $1,465. That’s an increase of $663, or $55 per month, just for not paying attention while driving!
Discount Cincinnati car insurance
Insurance companies that offer quotes for drivers with accidents may also provide premium discounts that could potentially reduce rates by 25% or more if you are eligible. Companies and their possible discounts are shown below.
- Mercury Insurance policyholders can earn discounts including age of vehicle, ease of repair, low natural disaster claims, accident-free, and multi-car.
- Farmers Insurance offers premium reductions for bundle discounts, business and professional, pay in full, electronic funds transfer, and early shopping.
- Farm Bureau may offer discounts for renewal discount, multi-policy, good student, youthful driver, multi-vehicle, and 55 and retired.
- State Farm may include discounts for good student, Steer Clear safe driver discount, Drive Safe & Save, multiple policy, good driver, student away at school, and defensive driving training.
- Allstate has savings for premier discount, utility vehicle, multi-policy, auto/life discount, good student, new car, and anti-theft.
- GEICO discounts include daytime running lights, multi-vehicle, multi-policy, federal employee, and anti-lock brakes.
The illustration below compares auto insurance costs with and without discounts applied to the rates. The prices are based on a female driver, no violations and two at-fault accidents, Ohio state minimum liability limits, full coverage, and $500 deductibles.
The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with multiple policy, anti-theft, passive restraint, vehicle safety, continuous coverage, and homeowner discounts applied. With discounts applied, theamount saved on auto insurance for drivers with accidents is 28% or $537.
Liability-only versus full coverage
Lowering the price of auto insurance is probably important to the majority of drivers, and one good way to buy cheaper insurance for drivers with accidents is to only buy liability insurance. The illustration below shows the difference between insurance premiums with full coverage compared to only the Ohio minimum liability coverage. The premiums assume no tickets, no at-fault accidents, $100 deductibles, single marital status, and no discounts are applied to the premium.
If averaged for all ages, full coverage on your policy costs an extra $1,308 per year more than carrying just liability coverage. Many drivers may wonder if buying full coverage is a waste of money. There is no set rule of when to exclude comp and collision coverage, but there is a general convention. If the annual cost of coverage is more than about 10% of the replacement cost minus the deductible, then it’s probably a good time to buy liability coverage only.
There are a few cases where only buying liability is not financially feasible. If you haven’t paid off your loan, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not eliminate full coverage.
If you aren’t sure which coverage to buy and prefer to have a consultation when shopping for cheaper insurance for drivers with at-fault accidents, the agents shown below can most likely answer your questions and help you decide which policy fits your needs best. To find an agent close to you, click the button link following the list or click here to compare price quotes now.
- CMS Insurance Inc
2756 Erie Ave – Cincinnati, OH 45208 – (513) 321-2000 - Dwyer Insurance Agency
3356 N Bend Rd – Cincinnati, OH 45239 – (513) 389-4100 - Htt Agency
5879 Cheviot Rd – Cincinnati, OH 45247 – (513) 741-2100 - Hettesheimer Insurance Agency Inc.
3254 Montana Ave #1000 – Cincinnati, OH 45211 – (513) 661-7581 - Jackie Meadows – State Farm Insurance Agent
2036 8 Mile Rd – Cincinnati, OH 45244 – (513) 474-4940