Cheap Auto Insurance Quotes for Drivers Over Age 50 in Ohio

I’m sure you’ve seen the captivating commercials from insurers like Progressive and GEICO claiming the cheapest price. So drivers just need to pick one at random, right?

Unfortunately, it’s just not that easy, as there are a whole bunch of unknown factors like if you have a coverage lapse, the vehicle you drive, where you live in Ohio, and how much you actually drive in a year, that all go into determining the rate you pay. The information below covers the best ways to avoid paying too much and also should give you a solid foundation to find cheaper car insurance.

When shopping for car insurance for older drivers, one of the many considerations that car insurance companies use to calculate rate quotes is the neighborhood you call home in Ohio. Areas that are densely populated or have higher claim frequency like Youngstown, Columbus, and Cincinnati tend to have higher rates, whereas areas that tend to be more rural profit from lower rates.

The illustration below illustrates the more expensive cities in Ohio for drivers over age 50 to buy car insurance in.

Annual rates are approximated as the specific area where the vehicle is garaged can increase or decrease premium rates noticeably.

We all like different vehicles, and the type of vehicle needing coverage is probably the most important factor when quoting cheap car insurance for drivers over age 50 in Ohio. Vehicles with limited speed and performance, good safety features, or a positive history of liability claims will cost significantly less to insure than fast, unsafe models.

The tables below illustrates car insurance rates for some of the most affordable automobiles to buy coverage for.

Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Premium costs do not factor in the specific area where the vehicle is garaged which can decrease or increase coverage prices considerably.

Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Prices do not factor in zip code location which can decrease or increase prices considerably.

Premium data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Table data does not factor in specific location which can impact coverage prices noticeably.

Buying cost effective auto insurance is challenging, and finding out which company quotes the cheapest auto insurance rates for drivers over age 50 will take additional perseverance. Policy prices will more than likely be somewhat cheaper than the state average, with the decrease attributed to the decrease in risk that goes along with selling coverage for older drivers. Affordable insurance should be achievable from many providers.
Each auto insurer has a different process for establishing rates, so first we will examine the most budget-friendly auto insurance companies in Ohio.

Find the Best Cheap Insurance for Age 50+

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Utica National quotes some of the cheapest car insurance rates in Ohio at around $635 each year. Erie, Frankenmuth, Allied, and Travelers are also some of the cheapest Ohio auto insurance companies.

As the example above demonstrates, if you currently have a policy with Frankenmuth and switched to Utica National, you could realize savings of roughly $45. Drivers with Allied could save as much as $55 a year, and Travelers insureds might lower prices by $77 a year.

It’s important to note that these prices are averages for all drivers and vehicles and do not take into consideration a price decrease for drivers over age 50. So the car insurance company that fits your situation best may not even be shown in the above rate chart. That emphasizes why you need to get quotes using your own personalized driver profile and vehicle information.

Best auto insurance in Ohio

Buying coverage from the highest-rated car insurance provider can be difficult considering how many different companies sell coverage in Ohio. The information shown next may help you analyze which auto insurance companies to look at to insure your vehicles. These rankings are only comprised of companies that write coverage in many states, so companies that may only write in Ohio are not factored into these rankings.

Top 10 Large Auto Insurance Companies Overall in Ohio

1. USAA
2. 21st Century
3. GEICO
4. Nationwide
5. AAA Insurance
6. Liberty Mutual
7. Safeco Insurance
8. State Farm
9. Travelers
10. American Family

Top 10 Large Auto Insurance Companies in Ohio Ranked by A.M. Best Rating

1. USAA – A++
2. GEICO – A++
3. Travelers – A++
4. State Farm – A++
5. Allstate – A+
6. Progressive – A+
7. Erie Insurance – A+
8. The Hartford – A+
9. Nationwide – A+
10. Esurance – A+

The illustration below illustrates how your deductible choice can increase or decrease insurance costs when quoting cheap insurance for drivers over age 50. Data assumes a married male driver, full physical damage coverage, and no discounts are taken into consideration.

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The data above shows that a 40-year-old driver could lower their policy premium by $216 a year by switching the physical damage coverage from a $100 deductible to a $500 deductible, or save $324 by choosing a $1,000 deductible. Even younger drivers, like the age 20 example, could save as much as $718 each year by using a higher deductible. If you do make the decision to raise your deductibles, it’s a good idea to have enough funds in savings to enable you to pay the extra out-of-pocket expense that is associated with using high deductibles.

Find cheap car insurance for drivers over age 50 in Ohio

The list below details some of the recommended penny-pinching solutions that can help Ohio drivers quote low-cost auto insurance.

• Improve your credit
• Serious violations like DUI or careless driving can make car insurance unaffordable
• Avoid preventable accidents
• Higher comprehensive and collision coverage deductibles will save money
• Buy your auto and home insurance from the same company and save
• Having too many claims will increase rates substantially
• Shop around once a year for cheaper rates

The last suggestion is certainly critical, as we discussed in the prior information. Prices charged by companies in Ohio can be adjusted at any time, so don’t be tentative to change to a new company if a more affordable price is available. We understand brand loyalty, but it’s not recommended if that faithfulness ends up costing you major coinage every year. Take a couple minutes and compare rates and find cheaper auto insurance for drivers over age 50.