Who Has the Cheapest Car Insurance for Drivers Over Age 60 in Ohio?

Establishing which company has the lowest-priced auto insurance rates for drivers over age 60 will require a little more sweat than just comparing rates from one or two companies.

Every auto insurer uses a slightly different approach to set policy rates, so we’ll go over the auto insurance companies that tend to have lower prices in Ohio. It’s important to understand that Ohio auto insurance rates are based on many factors which can significantly increase or decrease the price you have to pay. Simply improving your credit, getting divorced, or getting a speeding ticket can produce rate changes that can make some companies affordable when they were higher priced.

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Utica National may have some of the lowest car insurance rates in Ohio at around $635 a year. Erie, Allied, Travelers, and Frankenmuth also are some of the lowest-priced Ohio insurance companies.

In the rate table above, if you currently have a policy with Allied and switched to Utica National, you may realize an annual savings of about $55. Insureds with Travelers may save as much as $70 a year, and Frankenmuth insureds might lower prices by $73 a year.

Bear in mind that those rates are averaged for all drivers and vehicles in Ohio and and are not figured with a rate decrease for drivers over age 60. So the insurer that can offer the best rates for your situation may not even be shown in the above list. That points out the importance of why you need to quote rates from many companies using your own specific driver and vehicle information.

When buying car insurance for older drivers, one of the key considerations that aid in calculating auto insurance rates is where you keep your vehicle in Ohio. Cities that have higher claim levels or more people like Toledo, Cleveland, and Columbus tend to pay more, whereas areas with less traffic congestion and claims have the benefit of cheaper auto insurance prices.

The information below shows the most expensive places in Ohio for drivers over age 60 in which to buy car insurance.

Prices are comparative as the specific geographic location can raise or lower rates noticeably.

The example below highlights how deductible selection can affect yearly insurance costs when getting quotes for cheap insurance for drivers over age 60. The premiums are based on a single female driver, comprehensive and collision coverage, and no discounts are factored in.

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The data above shows that a 50-year-old driver could save $178 a year by changing from a $100 deductible to a $500 deductible, or save $272 by switching to a $1,000 deductible. Youthful drivers, like the age 20 example, could drop their prices as much as $456 every year by using a higher deductible. If you do make the decision to raise your deductibles, it is important to have additional funds squirreled away to enable you to pay the extra out-of-pocket expense associated with higher deductibles.

What is the best auto insurance company in Ohio?

Selecting the highest-rated insurer is hard considering how many different insurance companies sell coverage in Ohio. The ranking information listed below can help you select which car insurance providers to look at when shopping insurance around for drivers over age 60. The rankings below are only comprised of large, nationwide insurance companies, so companies with more of a regional focus are not factored into these rankings.