How many times have you put off comparing quotes for more affordable insurance rates in Streetsboro, OH? Cutting costs on insurance might be difficult for drivers who have little experience online price comparisons. With such a large number of companies in the marketplace, it can easily turn into a lot of work to find cheaper rates in Ohio.

Regrettably, most insurance customers kept buying from the same company for over three years, and just short of a majority have never even compared rates from other companies. Streetsboro consumers could save themselves approximately $730 a year by just shopping around, but most tend to underestimate the actual amount they would save if they moved their coverage to a different company.

It's a good idea to compare prices every six months since rates are constantly changing. Even if you got the best premium rates on insurance six months ago a different company probably has better prices today. You can search a lot of insurance out there, but I'm going to show you some good information on how to put money back in your pocket.

Most major insurance companies give coverage price quotes on their websites. Comparing prices online doesn't take much effort as all you need to do is type in your required coverages as requested by the quote form. Upon sending the form, the system orders your driving record and credit report and returns a price based on many factors.

The ability to get online rate quotes makes it a lot easier to compare rates and it's necessary to have as many quotes as possible if you want to find cheaper rates.

To compare pricing, compare rates from the companies below. To compare your current rates, we recommend you type in the coverage information identical to your current policy. This ensures you will have rate quotes using the exact same coverages.

The car insurance companies shown below offer quotes in Streetsboro, OH. If the list has multiple companies, we recommend you click on several of them in order to find the most affordable rates.

Insurance Cost Estimates for Popular Vehicles in Streetsboro
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Silverado LT Crew Cab 4WD $722 $361 $60
Dodge Grand Caravan Hero $716 $358 $60
Dodge Ram Quad Cab Laramie 4WD $868 $434 $72
Ford Edge Limited 2WD $950 $475 $79
Ford Escape Limited 2WD $530 $265 $44
Ford F-150 Lariat Crew Cab Harley 4WD $674 $337 $56
Ford Focus SEL 4-Dr Sedan $822 $411 $69
Honda Accord EX-L 4-Dr Sedan $702 $351 $59
Honda CR-V LX 4WD $678 $339 $57
Honda Civic LX-S 4-Dr Sedan $712 $356 $59
Hyundai Sonata SE 4-Dr Sedan $764 $382 $64
Nissan Altima 2.5 S 4-Dr Sedan $730 $365 $61
Toyota Camry LE $634 $317 $53
Toyota Corolla LE $636 $318 $53
Toyota Tacoma Double Cab TRD Off-Road Package 4WD $888 $444 $74
Volkswagen Jetta 2.0T 4-Dr Sedan $578 $289 $48
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Table data represents married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Estimates do not factor in the specific area where the vehicle is garaged which can affect prices noticeably.

Car insurance rates based on gender

The diagram below illustrates the difference between insurance costs for male and female drivers in Stow. The information is based on no claims or driving violations, full physical damage coverage, $500 deductibles, single marital status, and no discounts are factored in on a Hyundai Sonata GLS.

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

Choosing deductibles

The chart below illustrates how your deductible choice and can change Nissan Altima insurance premiums for different age categories. The rate quotes are based on a single female driver, comprehensive and collision coverage, and no discounts are applied.

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

Price comparison of only insuring for liability

The example below visualizes the comparison of Honda Pilot auto insurance rates with full physical damage coverage and with liability coverage only. The premium estimates are based on no claims or driving citations, $100 deductibles, married female driver, and no discounts are applied to the premium.

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

When to buy liability coverage only

There is no written rule for excluding comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of coverage is more than around 10% of the replacement cost minus the deductible, then you might want to think about dropping full coverage.

For example, let's assume your Honda Pilot replacement value is $9,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $8,000 after paying the physical damage deductible. If you are paying over $800 a year for physical damage coverage, then you might want to consider buying only liability coverage.

There are some scenarios where dropping physical damage coverage is not recommended. If you haven't satisfied your loan, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you can't afford to buy a different vehicle in the even your car is totaled, you should not drop full coverage.

Don't overlook these auto insurance discounts

Auto insurance is not cheap nor is it fun to buy but there could be available discounts that can dramatically reduce your bill. Some discounts apply automatically at the time of purchase, but some need to be manually applied before you get the savings.Auto insurance discounts

One thing to note about discounts is that most discount credits are not given to all coverage premiums. Most cut the cost of specific coverages such as comp or med pay. So even though it sounds like having all the discounts means you get insurance for free, auto insurance companies aren't that generous.

Large auto insurance companies and the discounts they provide can be found below.

If you are trying to find cheaper Streetsboro auto insurance quotes, ask each company the best way to save money. Some discounts listed above might not be offered in Streetsboro. For a list of companies that have a full spectrum of discounts in Ohio, follow this link.

Protect your vehicle and other assets

Despite the potentially high cost of car insurance, insuring your vehicle is a good idea for several reasons.

First, most states have compulsory liability insurance requirements which means the state requires a minimum amount of liability if you want to drive legally. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if your vehicle has a loan, almost every bank will require you to have full coverage to ensure the loan is repaid in case of a total loss. If you default on your policy, the bank or lender will purchase a policy for your vehicle at a significantly higher premium and require you to pay a much higher amount than you were paying before.

Third, car insurance preserves both your vehicle and your personal assets. It will also pay for medical expenses for both you and anyone you injure as the result of an accident. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit if anyone sues you for causing an accident. If your vehicle suffers damage from an accident or hail, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.

The benefits of carrying adequate insurance definitely exceed the price paid, particularly when you have a large claim. The average driver in America is overpaying more than $865 each year so compare quotes from several companies at every policy renewal to help ensure money is not being wasted.

When to get professional advice

When it comes to buying the right insurance coverage for your vehicles, there really isn't a cookie cutter policy. Coverage needs to be tailored to your specific needs.Higher deductibles save money

For instance, these questions may help highlight if you may require specific advice.

If you can't answer these questions but a few of them apply, you might consider talking to an insurance agent. To find an agent in your area, complete this form.

Auto insurance claims by make and model

Which vehicles statistically have the fewest claims? The following statistics list the best and worst vehicle makes and models for the probability of having claims organized by coverage.

Liability Insurance Claims by Vehicle
Lowest Claims Highest Claims
Subaru Forester Chevrolet Impala
Acura MDX Mitsubishi Lancer
Volvo XC60 Chrysler 200
Fiat 500 Kia Optima
Audi A6 Dodge Charger
Mercedes-Benz SL Class Mitsubishi Mirage

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Vehicle Models with the Lowest and Highest Auto Insurance Medical Payment Claims
Lowest Claims Highest Claims
Chevrolet Silverado 2500 Kia Forte
Ford Expedition Mitsubishi Mirage
Chevrolet Corvette Chrysler 200
Audi A4 Allroad Nissan Versa
Ford F-250 SuperCrew Chevrolet Spark
Ford F-350 SuperCrew Hyundai Accent

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Collision Claims by Vehicle Model
Lowest Claims Highest Claims
Ford Edge Bentley Continental Flying Spur
Mini Cooper Bently Continental GTC
Nissan Xterra BMW M6
Ford F-150 SuperCrew Nissan GT-R
GMC Canyon Maserati Ghibli
Jeep Wrangler Bently Continental GT

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Vehicle Make and Models with the Lowest and Highest Car Insurance Comprehensive Claims
Lowest Claims Highest Claims
Chevy Silverado 2500 Bentley Continental GTC
Chevy Spark BMW M6
Nissan Xterra Maserati Quattroporte
Nissan Leaf Mercedes-Benz S Class
Infiniti QX50 Porsche Panamera GTS
GMC Sierra 2500 BMW M6

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years