How Much is Auto Insurance for High Mileage Drivers in Ohio?

The car, truck, or SUV driven is probably the most important factor when shopping around for the cheapest coverage for high mileage drivers. Vehicles with lower acceleration and performance, a great safety record, or a track record of few liability claims will cost quite a bit less to insure than higher performance models.

The lists below ranks car insurance rates for a selection of the cheapest vehicles to insure.

Table data represents married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Premium costs do not factor in Ohio location which can raise or lower coverage rates significantly.

Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Rate information does not factor in the specific area where the vehicle is garaged which can raise or lower coverage prices significantly.

Prices based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Rate quotes do not factor in zip code location which can modify price quotes considerably.

When shopping for car insurance for high mileage drivers, one of the many things that helps car insurance companies calculate the price you pay for insurance is where you keep your car in Ohio. Areas with more people or even just a higher incidence of claims like Youngstown, Toledo, and Columbus tend to pay slightly more, whereas areas with fewer weather claims and lower vehicle theft rates generally pay lower car insurance rates.

The following table lists the most expensive areas in Ohio for high mileage drivers in which to buy car insurance.

Annual rates are approximated as zip code location can increase or decrease price quotes substantially.

Figuring out which insurers offer the cheapest auto insurance rates for high mileage drivers requires a bit more work in order to find a policy that fits your budget. Every insurance provider has a different process to set premium rates, so let’s look at the rankings for the most budget-friendly auto insurance companies in Ohio.

It’s a good idea to be aware that Ohio auto insurance rates are influenced by many factors that may substantially change the policy premium. Getting older, buying a different vehicle, or getting a couple of tickets can trigger price changes that can cause some rates to be more affordable than before.

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google.charts.setOnLoadCallback(drawOHT5qcibChart);function drawOHT5qcibChart() {var data = google.visualization.arrayToDataTable([[‘Company’, ‘Rate’, { role: ‘style’ }], [‘Utica National’, 635, ‘#67CF33’], [‘Erie’, 667, ‘#55AC2A’], [‘Allied’, 669, ‘#468F23’], [‘Frankenmuth’, 701, ‘#3A771D’], [‘Travelers’, 712, ‘#306318’]]);var options = {title: ‘Top Five Low-Cost Auto Insurance Companies in Ohio’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 300,’chartArea’: {left:0,top:50,’width’: ‘100%’, ‘height’: ‘70%’},bar: {groupWidth: “90%”},legend: {position: ‘none’},vAxis: {viewWindowMode:’explicit’,viewWindow:{max:812,min:0}}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});var view = new google.visualization.DataView(data);view.setColumns([0, 1,{ calc: “stringify”,sourceColumn: 1,type: “string”,role: “annotation” },2]);formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.ColumnChart(document.getElementById(‘qcibt5cic’));chart.draw(view, options);}

Utica National quotes some of the cheapest car insurance rates in Ohio at around $635 annually. Erie, Allied, Frankenmuth, and Travelers would also make the list of some of the more affordable Ohio insurance companies.

In the above rates, if you are insured with Frankenmuth and switched to Utica National, you could realize an annual savings of in the neighborhood of $66. Insureds with Travelers might save as much as $77 a year, and USAA policyholders might cut rates by $84 a year.

If you want to see how much you could save, click here to start your custom quote or click several companies below for low rates.

These prices are averages across all ages of drivers and types of vehicles and and are not figured with a rate decrease for high mileage drivers. So the insurer that can offer you the best price may not even be included in the list of companies shown earlier. That helps illustrate why you need to get rate quotes from many companies using your own driver data and vehicle information.

Full coverage versus liability-only in Ohio

Finding cheap car insurance for high mileage drivers in Ohio is probably important to most drivers, and one easy way to reduce the cost of insurance is to not pay for full coverage. The example below visualizes the comparison of insurance prices with full physical damage coverage compared to only buying the minimum liability limits required in Ohio. Data assumes no claims or violations, $250 deductibles, single marital status, and no discounts are factored in.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $250 Deductibles’, ‘Liability Only’],[‘Age 20’, 2041,697],[‘Age 30’, 1075,387],[‘Age 40’, 1057,359],[‘Age 50’, 961,337],[‘Age 60’, 931,331],[‘Age 70’, 1133,439]]);var options = {title: ‘Full Coverage Rates Compared to Liability Only Rates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Ohio’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

On average, physical damage insurance costs an extra $1,200 per year over and above liability coverage. A very common question is if buying full coverage is a waste of money. There is no definitive rule to eliminate full coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than about 10% of replacement cost minus your deductible, then you may want to consider only buying liability coverage.

For example, let’s pretend your vehicle’s claim settlement value is $10,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would receive is $9,000 after paying your deductible. If it’s costing in excess of $900 a year for full coverage, then it could be time to drop full coverage.

Find cheap car insurance for high mileage drivers in Ohio

The list below shows many money-saving ideas that can help you buy cheaper car insurance.

• Pay for smaller claims out-of-pocket
• Avoid accidents and claims
• Drive vehicles with five-star safety ratings
• Do not get tickets or violations
• Higher credit scores can equal lower rates
• Compare price quotes at least once a year

The last idea is certainly valuable, as was discussed in the article above. Auto insurance rates can change significantly in a year, so drivers shouldn’t be reluctant to buy a policy from a new company if a cheaper price is available. Having a favorite company is great, but it’s not a great idea if that inflexibility results in costing you a considerable chunk of change every month. It only take a few minutes to shop around to find cheaper car insurance for high mileage drivers.

Who has the cheapest insurance quotes for high mileage drivers?

Drivers have a lot of ways to shop for and buy auto insurance in Ohio, but the most common are from a non-exclusive or independent agent, an exlusive agent like Liberty Mutual or State Farm, or direct either online or via phone. All three ways can provide auto insurance quotes, but it’s important to understand the differences in how they work.

Independent agencies work with multiple companies and can get rate quotes from all of them. These agents do not work for one specific company and can provide multiple price quotes, which may provide you with better odds of saving money. If the agent locates a cheaper price, your policy can be easily switched to a different company and you can keep the same agent.

A captive, or exclusive, agent is only able to give prices for a single insurance company, two examples are Allstate and Liberty Mutual agents. Exclusive agents cannot place coverage with different providers, so you might not find the best rates.

The final way is buying direct, which means you do not use local insurance agents and instead shop from a direct company like Progressive or Esurance. Shopping for auto insurance direct is a good choice for drivers who have little risk and understand how auto insurance works.

So which of those three methods works best to buy cheap car insurance for high mileage drivers in Ohio? It would be premature to say buying direct results in the cheapest rates since there is no middleman, but in reality, that argument does not hold true. A valid argument could also be made that using an independent agent saves the most money since they have more companies to choose from, but again, that’s not accurate. And often times, exclusive agencies have price quotes that other companies cannot beat.

Since auto insurance rates vary so much, the only real way to get rock-bottom rates is to obtain price quotes and compare them. Money-saving experts recommend you get prices from all three types to get a good idea who is cheapest. A great place to start is our list of online companies offering discounts: click here to view.