Have you had enough of paying out the nose to pay high car insurance rates every month? You are in the same boat as many other Ohio drivers.
We don’t have to point out that fact that auto insurance companies don’t want you comparing rates. Insureds who shop around for the cheapest price will most likely move their business because they have good chances of finding more affordable rates. A study discovered that drivers who make a habit of shopping around saved approximately $3,450 over four years compared to policyholders who don’t regularly compare prices.
If finding budget-friendly auto insurance in Cincinnati is the reason for your visit, then having a good understanding how to find companies and compare cheaper coverage can make it simple to find affordable coverage.
Online insurance companies like Progressive, GEICO and Farmers Insurance continually hit you with fancy advertisements and consumers find it hard to not get sucked in by the cute commercials and find the best price available.
Consumers need to shop coverage around yearly because rates are constantly changing. Despite the fact that you may have had the best premium rates on Honda Accord Hybrid insurance in Cincinnati on your last policy a different company probably has better prices today. Forget all the misinformation about car insurance because you’re about to learn the proper way to lower your annual insurance bill.
If you are insured now, you will most likely be able to reduce premiums using the ideas covered in this article. Locating the most cost-effective car insurance policy in Cincinnati is not that difficult as long as you know where to start. But Ohio car owners do need to learn the methods companies use to market insurance on the web and use it to find better rates.
Best companies for Honda Accord Hybrid insurance
The following companies are our best choices to provide free quotes in Cincinnati, OH. If your goal is to find cheaper auto insurance in OH, it’s highly recommended you compare several of them in order to find the lowest rates.
Smart Buyers Can Cut Insurance Costs
Lots of factors are considered when premium rates are determined. Some are pretty understandable like an MVR report, but other criteria are not quite as obvious such as your marital status or how financially stable you are.
The list below includes a few of the things used by insurance companies to determine your premiums.
- Your address can push rates up or down – Living in small towns and rural areas can be a good thing if you are looking for the lowest rates. Fewer drivers on the road translates into fewer accident claims and a lower car theft rate. Drivers who live in large Ohio cities have to deal with much more traffic and longer commutes to work. More time on the road means more chances of being involved in an auto accident.
- Cheaper premiums for prior coverage – Driving with no insurance is not a good idea and as a result your rates will increase for letting your coverage lapse. In addition to paying higher rates, the inability to provide proof of insurance could earn you a fine, jail time, or a revoked license. You may then have to provide proof of insurance in the form of an SR-22 filing with the Ohio department of motor vehicles.
- High performance vehicles cost more to insure – The type of vehicle you are insuring makes a substantial difference in how high your rates are. The lowest base rates are generally reserved for low performance passenger cars, but your final cost has many other factors.
- Prices may be lower depending on your occupation – Occupational choices like judges, airline pilots, and medical professionals tend to have higher rates than the rest of us in part from high stress and extremely grueling work hours. Conversely, jobs like farmers, students and the unemployed pay the least.
- Drive less and save – The more you drive in a year’s time the more you’ll pay to insure your vehicle. Most insurance companies calculate prices based on how the vehicle is used. Cars and trucks used primarily for pleasure use can get a lower rate than cars that get driven a lot. Improper usage on your Accord Hybrid may be wasting your money. It’s a smart idea to ensure your vehicle rating correctly shows the correct usage for each vehicle.
- The higher your credit score the lower your costs – Having a good credit rating is a big factor in determining premium rates. Insureds with excellent credit tend to be more responsible than drivers who have poor credit scores. Therefore, if your credit score leaves room for improvement, you could potentially save money when insuring your Honda Accord Hybrid if you clean up your credit.
- High premiums for youthful drivers – More mature drivers are shown to be more cautious, file fewer claims, and tend to be get fewer driving tickets. Youthful drivers are statistically proven to be less responsible when driving and because of this, their car insurance rates are much higher.
Honda Accord Hybrid claim data – Car insurance companies include the past claim history for a vehicle to help calculate a profitable premium price. Models that the data determines to have increased losses will have higher premium rates. The next table shows the loss history for Honda Accord Hybrid vehicles.
For each policy coverage, the claim probability for all vehicles, without regard to make or model, is equal to 100. Values that are under 100 indicate a favorable loss history, while percentages above 100 indicate more frequent losses or larger claims.
Insurance Loss Ratings for Honda Accord Hybrid Vehicles Specific Honda Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Honda Accord Hybrid 96 80 98 89 76 84BETTERAVERAGEWORSE
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Save money on Honda Accord Hybrid insurance in Cincinnati with these discounts
Some insurance providers do not advertise every discount they offer very well, so the list below gives a summary of both well-publicized as well as some of the hidden discounts that may be available. If you don’t get every credit possible, you could be paying more than you need to.
- Discount for Swiching Early – Some insurance companies give discounts for signing up before your current expiration date. It could save around 10% when you buy Cincinnati auto insurance online.
- Discounts for Multiple Vehicles – Buying coverage for multiple vehicles with the same insurance company can reduce rates for all insured vehicles.
- Buy New and Save – Insuring a new Accord Hybrid may earn a small discount due to better safety requirements for new model year vehicles.
- Senior Citizens – Drivers that qualify as senior citizens may qualify for a discount up to 10%.
- Safety Course Discount – Taking time to complete a class that teaches defensive driving techniques is a good idea and can lower rates and also improve your driving technique.
- Low Mileage Discounts – Fewer annual miles on your Honda can earn lower prices due to less chance of an accident.
- Seat Belt Usage – Buckling up and requiring all passengers to use a seat belt could save 15% on the premium charged for medical payments and/or PIP.
- Discount for Passive Restraints – Options like air bags or automatic seat belts may qualify for discounts of 20 to 30 percent.
You can save money using discounts, but some of the credits will not apply to the entire policy premium. Some only apply to the cost of specific coverages such as comp or med pay. Even though it may seem like all those discounts means the company will pay you, you aren’t that lucky.
To view insurance companies that have a full spectrum of discounts in Cincinnati, click here.
When to contact an agent
Many drivers still prefer to visit with an insurance agent and that can be a great decision A nice benefit of getting online price quotes is you can get the lowest rates but also keep your business local. And buying from small agencies is definitely important in Cincinnati.
To make it easy to find an agent, after completing this quick form, your coverage information is submitted to participating agents in Cincinnati who will give competitive quotes for your coverage. You don’t have to drive around because quoted prices will be sent to you. You can most likely find cheaper rates without requiring a lot of work. If you want to compare prices from one company in particular, you can always go to their quote page and fill out their quote form.
The type of auto insurance agent you choose is important
If you want to use a reliable insurance agent, it can be helpful to understand the types of agencies and how they function. Auto insurance agents in Cincinnati are categorized either exclusive or independent agents depending on their company appointments.
Independent Agents (or Brokers)
Independent agencies are not restricted to one company so as a result can place your coverage through many different auto insurance companies depending on which coverage is best. To transfer your coverage to a different company, they simply move your policy to a different company and you don’t have to do anything. If you are comparing rate quotes, it’s a good idea to get insurance quotes from several independent insurance agents to get the most accurate price comparison.
Featured below are independent insurance agencies in Cincinnati that may be able to give cheap rate quotes.
Exclusive agencies can only place business with one company and examples are State Farm, Allstate and AAA. These agents are unable to provide other company’s prices so if the price isn’t competitive there isn’t much they can do. Exclusive agents are usually well trained on sales techniques which helps offset the inability to provide other markets.
Listed below is a list of exclusive insurance agents in Cincinnati willing to provide comparison quotes.
Beth Wilker – State Farm Insurance Agent
8406 Winton Rd – Cincinnati, OH 45231 – (513) 521-0884 – View Map
Picking an auto insurance agent requires more thought than just the premium amount. Here are some questions to ask:
- If you have an accident, will your rates go up?
- How many years of experience in personal auto insurance do they have?
- Are there any extra charges for paying monthly?
- Are they paid to recommend certain coverages?
- Will the agent help in case of a claim?
- Is the agent CPCU or CIC certified?
After getting good responses to all your questions as well as an affordable premium quote, you’ve probably found an insurance agent that can be relied on to adequately provide auto insurance.
Ohio car insurance companies ranked
Picking the best insurance company is difficult considering how many different companies insure vehicles in Ohio. The rank data listed below may help you decide which auto insurance companies you want to consider to insure your vehicles.
Top 10 Cincinnati Car Insurance Companies Ranked by Claims Service
- Liberty Mutual
- AAA Insurance
- Safeco Insurance
- The General
Top 10 Cincinnati Car Insurance Companies Overall
- 21st Century
- AAA Insurance
- Liberty Mutual
- Safeco Insurance
- State Farm
- American Family
Quote often and quote early
As you quote Cincinnati auto insurance, you should never skimp on coverage in order to save money. There have been many cases where an insured dropped comprehensive coverage or liability limits and learned later that it was a big mistake. Your goal should be to purchase a proper amount of coverage for the lowest cost and still be able to protect your assets.
Some companies don’t offer rate quotes online and most of the time these regional carriers provide coverage only through local independent agents. Budget-conscious Honda Accord Hybrid insurance is definitely available on the web and from local agencies, and you should compare price quotes from both so you have a total pricing picture.
How to find affordable quotes for Honda Accord Hybrid insurance in Cincinnati
If you want to save the most money, the best way to find the cheapest price for car insurance rates in Cincinnati is to compare prices once a year from providers that insure vehicles in Ohio.
- Try to understand how car insurance works and the steps you can take to prevent expensive coverage. Many rating criteria that result in higher prices such as speeding tickets, accidents and a low credit rating can be amended by making small lifestyle or driving habit changes.
- Quote rates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only quote rates from one company like GEICO and State Farm, while independent agencies can give you price quotes for a wide range of companies. Begin your rate comparison
- Compare the new rate quotes to the premium of your current policy and determine if there is any savings. If you find better rates and buy the policy, ensure there is no coverage lapse between policies.
- Give notification to your current company of your intent to cancel your current policy and submit the application along with any required down payment to your new company or agent. Immediately put the new certificate verifying coverage in an easily accessible location.
A valuable tip to remember is that you use identical coverage information on each price quote and and to look at as many car insurance companies as possible. This guarantees a fair price comparison and and a good selection of different prices.
Additional car insurance information is available below:
- Teen Driving Statistics (GEICO)
- What Insurance is Cheapest for Low Income Drivers in Cincinnati? (FAQ)
- How Much are Cincinnati Auto Insurance Rates for a GMC Acadia? (FAQ)
- Who Has Cheap Auto Insurance Rates for Police Officers in Cincinnati? (FAQ)
- Who Has Cheap Auto Insurance Rates After a Speeding Ticket in Cincinnati? (FAQ)
- Who Has Affordable Car Insurance Rates for Drivers Under 25 in Cincinnati? (FAQ)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
- Auto Insurance for Teen Drivers (Insurance Information Institute)
- Your Car has been Stolen: Now What? (Allstate)