For postal employees, one of the largest considerations that aid in calculating the cost of insurance is where you choose to live. Regions with more people or even just more weather-related claims tend to pay more, whereas more rural areas benefit from lower prices.
The table below sorts the highest-priced areas in Ohio for postal workers to purchase auto insurance in. Cincinnati is ranked at #5 with an annual rate of $1,186 for the average insured, which is approximately $99 monthly.
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Annual rates are estimated as the specific garaging location can raise or lower coverage prices substantially.
The vehicle requiring insurance is one of the main factors when trying to find cheap auto insurance for postal workers. Vehicles with lots of horsepower, poor safety ratings, or a track record of large liability claims will cost significantly more to insure than more economical and safe models.
The next list features car insurance premiums for the most affordable automobiles to insure.
|Insured Vehicle||Estimated Cost for Full Coverage|
|Dodge Grand Caravan CV||$1,369|
|Ford Escape XLT 2WD||$1,396|
|Honda Accord LX-P 4-Dr Sedan||$1,402|
|Honda CR-V EX-L 4WD||$1,426|
|Chevrolet Impala LT||$1,444|
|Hyundai Elantra GLS Touring Station Wagon||$1,494|
|Toyota Tacoma X-Runner 2WD||$1,519|
|Nissan Rogue S AWD||$1,547|
|Jeep Wrangler Sahara 4WD 2-Dr||$1,567|
|Ford F-350 XLT Crew Cab 2WD||$1,602|
|Ford Focus SES 2-Dr Coupe||$1,622|
|Volkswagen Jetta SE 2.5 Station Wagon||$1,629|
|Toyota RAV4 Sport 2WD||$1,654|
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Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Rate quotes do not factor in specific zip code location which can alter insurance rates significantly.
Based upon the rates shown, you can see that cars like the Dodge Grand Caravan, Ford Escape, Honda Accord, and Honda CR-V are most likely to be the most budget-friendly vehicles to insure for postal employees.
Drive responsibly or pay higher rates
In a perfect world, the ideal way to receive low insurance rates in Ohio for postal employees is to drive safely and have a clean driving record. The information below highlights how traffic violations and accident claims can raise yearly insurance costs for different ages of insureds. The premiums assume a married male driver, full coverage, $100 deductibles, and no policy discounts are applied.
In the chart above, the average cost of auto insurance per year with no violations or accidents is $1,493. Get two speeding tickets and the average cost rises to $2,065, an increase of $572 each year. Next add one accident along with the two speeding tickets and the yearly cost of insurance for postal workers increases to an average of $2,652. That’s an increase of $1,159, or $97 per month, just for not being attentive to the road!
Cost difference between full coverage and liability
Reducing premiums for insurance is important to most vehicle owners, and one good way to find cheap insurance for postal workers is to buy liability only. The chart below illustrates the comparison of premium costs with full coverage compared to only the Ohio minimum liability coverage. The premiums assume no accidents or driving violations, $100 deductibles, single marital status, and no additional discounts are factored in.
If averaged for all ages, physical damage coverage costs an additional $1,750 per year more than just buying liability only. At some point, about every driver wonders if you should buy full coverage. There is no definitive formula to stop buying physical damage coverage on your policy, but there is a guideline you can consider. If the yearly cost of full coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then it may be the right time to buy liability only.
For example, let’s say your vehicle’s replacement cost is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $3,000 after you pay the deductible. If premiums are more than $300 annually for your policy with full coverage, then it may be the right time to buy liability only.
There are a few cases where buying only liability insurance is not a good plan. If you still have a lienholder on your title, you must maintain physical damage coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle if your current one is damaged, you should maintain full coverage.
Tips for buying cheaper insurance for postal workers
The list below shows some of the better penny-pinching solutions that can help you get more affordable coverage.
- Don’t have frequent claims
- At-fault accidents can raise rates significantly
- Raise your deductibles
- Violations like speeding or DUI increase rates
- Do not pay for full coverage if not needed
- Shop around for cheaper rates regularly
The final tip is certainly important, as was pointed out in this write-up. Insurance rates can be adjusted at any time, so don’t be tentative to switch companies if a lower price can be found.
Many drivers have brand loyalty and that’s fine, but it’s not a great idea if that faithfulness ends up costing you a lot of money. If you have a few minutes, now is a great time to shop around to find cheaper insurance for postal workers in Cincinnati.
The agents shown below can aid you in deciding which coverages are best, as some people have coverage questions and would like to get some guidance when trying to find the best insurance rates for postal employees. It can be time-consuming to find the best policy yourself, so getting advice from a licensed Ohio insurance agent can provide satisfaction knowing your coverage gives you adequate coverage if you have an accident or claim.
To find an auto insurance agency close to you, click the button at the bottom of the list.
Landmark Insurance Agency
4355 Ferguson Dr #155 – Cincinnati, OH 45245 – (513) 947-8500
Jackie Meadows – State Farm Insurance Agent
2036 8 Mile Rd – Cincinnati, OH 45244 – (513) 474-4940
2619 Erie Ave – Cincinnati, OH 45208 – (513) 871-3330