How long has it been since the last time you looked for low-cost insurance rates in Lakewood, OH? Nobody I know likes paying for insurance, especially knowing they could lower their rates if they shopped around.

A recent insurance study revealed that most insurance customers have stayed with the same insurance company for a minimum of four years, and approximately 38% of consumers have never quoted insurance rates at all. Ohio drivers could save approximately $730 every year just by comparing rates, but they just feel it's too hard to shop their coverage around.

Many insurers compete to insure your vehicles, so it's not easy to compare every insurer to discover the definitive best rate on insurance.

If you are already insured, you should be able to get lower rates using this strategy. Choosing the best rates in Lakewood is much easier if you have a good place to start. Nevertheless, Ohio vehicle owners should learn the way insurance companies calculate your policy premium and use it to your advantage.

To find the cheapest Lakewood car insurance quotes, there are several ways of comparing rates from different companies. The recommended way to lower the rate you pay for insurance is to jump online and get quotes.

Doing online quotes comparisons is so easy that it makes it obsolete to drive to and from local Lakewood insurance agencies. Comparing car insurance rate quotes online has reduced the need for local agents unless your situation requires the trained guidance that you can only get from talking to an agent. Some companies do allow you to get prices online but buy the policy through an agent. It's important to know that getting more free quotes will increase your chances of finding more affordable insurance.

The providers in the list below are our best choices to provide free quotes in Ohio. If multiple companies are listed, we recommend you visit several of them in order to get a fair rate comparison.

Insurance Costs for Popular Vehicles in Lakewood
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT 4WD $514 $257 $43
Chevrolet Equinox LS 2WD $610 $305 $51
Chevrolet Impala LTZ $964 $482 $80
Chevrolet Silverado LT Regular Cab $820 $410 $68
Dodge Ram Quad Cab TRX4 Off Road 4WD $892 $446 $74
Ford Escape Limited 2WD $518 $259 $43
Ford F-150 FX4 4WD $602 $301 $50
Ford Focus SE 2-Dr Coupe $882 $441 $74
Honda Accord EX 2-Dr Coupe $770 $385 $64
Honda CR-V EX 4WD $662 $331 $55
Honda Civic EX 2-Dr Coupe $888 $444 $74
Honda Odyssey EX-L $566 $283 $47
Hyundai Elantra GLS Touring Station Wagon $680 $340 $57
Hyundai Sonata SE 4-Dr Sedan $672 $336 $56
Jeep Grand Cherokee SRT-8 4WD $768 $384 $64
Nissan Altima 2.5 S 2-Dr Coupe $726 $363 $61
Toyota Camry SE $816 $408 $68
Toyota Corolla XRS $578 $289 $48
Volkswagen Jetta 2.0T 4-Dr Sedan $660 $330 $55
Get Your Own Custom Quote Go

Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Rates do not factor in vehicle garaging location which can alter coverage rates greatly.

Analysis of deductible levels

The chart below illustrates how your deductible choice and can increase or decrease Honda Accord insurance costs for each different age group. The premium estimates are based on a married male driver, full physical damage coverage, and no other discounts are factored in.

Honda Accord rates are for example purposes only. To get rates for your specific vehicle, click here.

Lakewood insurance premiums for males versus females

The information below shows the comparison of auto insurance costs for male and female drivers in Lakewood. The rate quotes are based on no claims or violations, full physical damage coverage, $1,000 deductibles, drivers are single, and no policy discounts are applied on a Toyota Corolla XRS.

Toyota Corolla rates are for example purposes only. To get rate quotes for your specific vehicle, click here.

Careless drivers pay higher rates

The illustration below demonstrates how traffic citations and at-fault collisions can raise Nissan Sentra insurance premiums for different ages of insureds. The prices are based on a single male driver, full physical damage coverage, $500 deductibles, and no policy discounts are applied.

Nissan Sentra rates are for example purposes only. To get rates for your specific vehicle, click here.

Shop online but buy locally

Many drivers still prefer to visit with an insurance agent. A nice benefit of comparing auto insurance online is that drivers can save money and get cheap rate quotes but also keep your business local. And providing support for local insurance agents is especially important in Lakewood.

After filling out this simple form, your information is immediately sent to local insurance agents in Lakewood that give free quotes for your coverage. It simplifies rate comparisons since you won't have to search for any insurance agencies since price quotes are sent directly to your email. Get lower rates AND an agent nearby. If for some reason you want to compare rates from one company in particular, you just need to navigate to their website and complete a quote there.

Exclusive or Independent: There is a difference

If you are searching for a local Lakewood insurance agency, it's helpful to know the different types of agents and how they function. Auto insurance agents are classified as either independent (non-exclusive) or exclusive.

Independent Auto Insurance Agents

Independent agents often have affiliation with several companies and that allows them to write policies with an assortment of companies and find the cheapest auto insurance rates. If you are not satisfied with one company, they simply switch companies in-house without you having to go to a different agency.

When comparison shopping, you will want to include rate quotes from independent agents for the best price selection.

Exclusive Agencies

These type of agents write business for a single company such as State Farm or Allstate. Exclusive agents cannot shop your coverage around so they really need to provide good service. Exclusive agents are usually quite knowledgeable on sales techniques which helps them compete with independent agents.

Finding a good car insurance agent is decision based upon more than just a cheap quote. The questions below may impact your decision as well.

Auto insurance claims by make and model

Is your vehicle a claim risk? The statistics below outline the good and bad vehicle models for overall likelihood of having claims organized by coverage.

Car Insurance Collision Claims by Vehicle Make and Model
Lowest Overall Losses Highest Overall Losses
Smart ForTwo Bently Continental GTC
Ford F-250 SuperCab Audi RS7
Nissan Xterra BMW 6 Series
Chevrolet Colorado Ferrari 458
Ford Edge Bently Continental GT
GMC Canyon Maserati Ghibli

Statistics from IIHS.org for 2013-2015 Model Years

Vehicle Make and Models with the Lowest and Highest Medical Payment Insurance Claims
Lowest Overall Losses Highest Overall Losses
Chevrolet Corvette Chevrolet Spark
Chevrolet Silverado 3500 Mitsubishi Lancer
Ford Expedition Kia Forte
Chevrolet Silverado 2500 Nissan Versa
Land Rover Range Rover Sport Chevrolet Sonic
Ford F-250 SuperCrew Nissan Sentra

Statistics from IIHS.org for 2013-2015 Model Years

Comprehensive Claims by Vehicle
Lowest Overall Losses Highest Overall Losses
Nissan Leaf Bentley Continental GT
Infiniti QX50 Porsche Panamera GTS
Smart ForTwo Mercedes-Benz S Class
Volvo V60 BMW M6
Ford F-350 Maserati Quattroporte
Nissan Xterra Maserati Granturismo

Statistics from IIHS.org for 2013-2015 Model Years

Liability Coverage Claims by Manufacturer Model
Lowest Overall Losses Highest Overall Losses
Subaru Outback Chevrolet Cruze
Subaru Forester Chevrolet Impala
Volvo XC60 Kia Rio
Mercedes-Benz SL Class Hyndai Accent
Audi A6 Kia Optima
Fiat 500 Mitsubishi Mirage

Statistics from IIHS.org for 2013-2015 Model Years