Toledo Car Insurance

Monthly Average Rates by Country, State, and City

Car insurance rates vary from driver to driver and are based on many factors that include driving history, claims history and where you live. Each city in Ohio has different rates, and below, you can compare average rates with the national average. According to our data, drivers who live in Toledo typically pay around $112.63 per month compared to the national average of $146.47 per month. The best way to get a low rate is by comparison shopping. SmartFinancial can do that for you at no cost while pairing you with a reputable insurance company so you have no surprises if you have an accident.

Toledo, OH Best Car Insurance Companies

Certain insurers will offer you better rates than others based on a myriad of factors, so you may get a better deal from one insurer over another for various reasons, and that’s why it’s important to compare. According to our data, USAA generally has the most affordable car insurance in Toledo coming in around $77.30 per month. Other companies to consider if you live in Toledo is Clearcover with an average cost of $82.62 per month and State Farm which typically runs around $88.85 per month. Check out the full list below. SmartFinancial rates the following insurers as the best insurance companies for drivers in Toledo.

How Much is Car Insurance in Toledo, OH?

Rates can vary from city to city. The residents of Akron typically pay $107.25 per month while people who live in Canton will pay $94.67 per month on average. See what people pay for car insurance in other cities in Ohio.

Cheap Car Insurance in Toledo by Zip Codes

Every zip code rates differently with every insurer. Your zip code determines the crime rate in your area as well as other risks. Below, you can see how average rates range across the state of Ohio. If you live in an area that is rated high in crime, you can make sure to garage your car in a safe place. That ought to save you some money. Covered and gated structures are best. Make sure to tell your insurance agent about the precautions you’re taking.

Car Insurance Rates by Driver's Age Group in Toledo

Generally speaking, you pay more in car insurance the younger you are and the older you are. Teens and young adults often pay around $239.64 per month in Toledo. Compare that to drivers in their 30’s who typically pay around $105.38 per month drivers in their 40s at $96.64 per month. It’s always a good idea to check for discounts that apply at any age. Some discounts include away-at-school discount, safe driver discount, mature driver discount, good student discount as well as multi-policy and bundling discounts.

Cheapest Insurance for Teenage Drivers in Toledo

If you are teen in Toledo you are probably looking for a good deal on car insurance. Since teenage drivers typically pay the highest rates of any other age group, it’s important to compare multiple companies. According to our research, USAA typically charges around $146.03 per month. This is likely the most affordable option in Toledo. You might also want to consider Erie and Auto-Owners Insurance Co who also offer good affordable policies for teen drivers.

Cheapest Insurance for 20 Year-olds in Toledo

20 year-olds in Toledo might want to consider Clearcover who, on average, offers car insurance rates around $78.30 per month. , Nationwide ThreeSixZero , USAA and State Farm are also in the top 5 cheapest rates available.

Cheapest Insurance for 30 Year-olds in Toledo

If you are in your 30s in Toledo our research has found that Nationwide ThreeSixZero typically has the most affordable coverage coming in around $56.00 per month, followed by USAA at $75.09 and State Farm at $79.50.

Cheapest Insurance for 40 Year-olds in Toledo

On average, USAA offers car insurance for 40 year-olds in Toledo for around $67.41 per month. If you are looking for affordable coverage, you may also want to consider Kemper Auto Premium FR Bond or Erie. The full list of top companies is below.

Cheapest Insurance for 50 Year-olds in Toledo

Oftentimes 50 year-olds enjoy some of the lowest rates of any other age group. In Toledo we found that USAA generally offers the most affordable coverage at $59.56 per month.

Cheapest Insurance for 60 Year-olds in Toledo

If you live in Toledo and you’re in your 60s, our data indicates that USAA usually has the best rates at $60.56 per month. The top 5 list of car insurance companies is below.

Driver's Coverage Auto Insurance Rates in Toledo, OH

Typically, drivers who currently have car insurance coverage will receive a cheaper monthly quote than drivers who do not. Since car insurance is a requirement in all 50 states, companies may question why you don't currently have coverage. Because of this, they may see you as a higher risk driver. In Toledo, the average monthly rate for a driver who is currently insured is $93.85 while drivers who are not currently covered will pay around $126.39.

Compare Recent Car Insurance Quotes in Toledo

Your vehicle plays a big part in how you rate for car insurance. The more your car is worth, the higher your car insurance rate. To lower your monthly premiums, you can set a higher deductible, but you’ll need to pay that deductible if you have an accident. Generally speaking, the newer a car is, the more it’s worth, and you may pay more in premiums, but the latest safety features will earn you a discount. The overall safety ratings of a car are also considered when determining your rate. In Toledo a driver of a 2010 Kia Forte can expect to pay around $45.77 per month while someone that owns a 2011 Chevrolet Equinox may pay around $107.76 per month. Check out the list of recent quotes in Toledo below.

FAQ's for Drivers in Toledo, OH

What Is the Minimum Liability Coverage Requirement in Toledo, OH?

Every state requires drivers to have a minimum amount of liability coverage. Ohio drivers are required to carry liability insurance to pay for damages and injuries inflicted on someone else in an auto accident.

• $25,000; Bodily injury coverage per person; Maximum payment for serious injury or death to a single person
• $50,000; Bodily injury coverage per accident; Coverage for multiple people injured in a single accident
• $25,000; Property damage per accident; Maximum payment for all damaged property in an accident caused by you

You like to keep it simple, and so do we! Just don’t go too minimalist and skip the auto insurance altogether (see our FAQ for more information). In Ohio, you are legally required to obtain something called liability insurance. This is for your protection if you are deemed “at fault” in an accident that causes injury and lost wages to another driver or passengers in another vehicle. Liability coverage pays up to the amounts listed below. It also pays for damages to the other driver’s vehicle. Trust us, you’d want this coverage even if it wasn’t legally required!

What Is the Blood Alcohol Concentration (BAC) limit in Toledo, OH?

It is illegal for an individual to operate a motor vehicle in Ohio with the following BAC percentages:

• .08%+ @ 21 years old or older
• .04%+ for commercial vehicle drivers
• .01%+ @ < 21 years old

What happens if I don’t have insurance or my coverage lapses?

The Ohio Department of Public Safety states possible risks as vehicle registration and license plates impounded, driver’s license and registration suspension, and your vehicle may be immobilized or forfeited. Liability insurance is a minimum requirement in Ohio (and most others), so be sure to have coverage at all times!

Check Out Other Rates in Toledo, OH Nearby Cities: