How long have you put off shopping around for more affordable auto insurance rates in Grove City, OH? Are you regretting the purchase of an expensive auto insurance policy? Say no more because there are many Grove City consumers feeling the pinch from expensive auto insurance.
Unfortunately, nearly 70% of consumers have remained with the same auto insurance company for at least the last four years, and 38% of customers have never even compared quotes to find lower-cost rates. Many consumers in Ohio can save hundreds of dollars each year by just comparing rate quotes, but they mistakenly think it's difficult to compare other rate quotes.
Multiple insurers compete for your business, so it's not easy to compare every insurance company to get the best price available on auto insurance.
Auto insurance companies in Grove City
The companies shown below are our best choices to provide comparison quotes in Ohio. If more than one company is shown, we suggest you visit several of them to get the best price comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Colorado LT Crew Cab 2WD||$590||$295||$49|
|Chevrolet Equinox LS 2WD||$602||$301||$50|
|Chevrolet Malibu LTZ||$776||$388||$65|
|Chevrolet Silverado LTZ Extended Cab 4WD||$822||$411||$69|
|Dodge Ram Crew Cab SLT 4WD||$832||$416||$69|
|Ford Escape XLT 4WD||$662||$331||$55|
|Ford F-150 XLT Regular Cab 4WD||$574||$287||$48|
|Ford Focus SES 2-Dr Coupe||$860||$430||$72|
|Honda Accord EX-L 2-Dr Coupe||$890||$445||$74|
|Honda CR-V EX 2WD||$572||$286||$48|
|Honda Civic EX-L 4-Dr Sedan||$668||$334||$56|
|Jeep Wrangler Unlimited Sport 2WD 4-Dr||$762||$381||$64|
|Mazda 3 I Touring 4-Dr Sedan||$964||$482||$80|
|Nissan Altima Hybrid 4-Dr Sedan||$744||$372||$62|
|Nissan Rogue S 2WD||$766||$383||$64|
|Toyota Camry LE||$750||$375||$63|
|Toyota Corolla S||$856||$428||$71|
|Toyota RAV4 Sport 2WD||$588||$294||$49|
|Get Your Own Custom Quote Go|
Table data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Rate information does not factor in vehicle garaging location which can raise or lower rates substantially.
Male drivers versus female drivers
The example below illustrates the comparison of insurance costs for male and female drivers in Grove City. Data assumes no claims or driving violations, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no other discounts are factored in on a Honda Pilot EX.
Honda Pilot rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Analysis of deductible levels
The example below highlights how deductible selection and can increase or decrease Toyota Corolla insurance costs for each different age group. The costs are based on a single female driver, comp and collision included, and no policy discounts are applied.
Toyota Corolla rates are for example purposes only. To get rates for your specific vehicle, click here.
Liability-only rates compared to full coverage
The diagram below illustrates the difference between Ford Escape insurance costs when comparing full coverage to state minimum liability only. The prices are based on a clean driving record, no claims, $1,000 deductibles, single male driver, and no discounts are applied to the premium.
Ford Escape rates are for example purposes only. To get rates for your specific vehicle, click here.
When to drop comprehensive and collision coverage
There is no exact rule of when to exclude physical damage coverage on your policy, but there is a general school of thought. If the yearly cost of comp and collision coverage is more than about 10% of any settlement you would receive from your insurance company, then it may be the right time to buy liability only.
For example, let's say your Ford Escape settlement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $2,000 after the deductible is paid. If you are currently paying more than $200 annually for physical damage coverage, then you may want to consider only buying liability coverage.
There are some circumstances where only buying liability is not advised. If you have an outstanding loan on your vehicle, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not buy liability only.
Do you qualify for discounts on auto insurance?
Car insurance can cost a lot, but there's a good chance there are discounts that can help lower your rates. Some discounts will apply at the time of purchase, but some must be specifically requested before they will apply.
- Professional Organizations - Joining certain professional organizations may earn a discount on your next renewal.
- Bundled Policy Discount - If you insure your home and vehicles with one company you could earn a discount of up to 20% off your total premium.
- Telematics Discount - People who choose to allow their company to monitor when and where they use their vehicle by using a telematic data system such as Allstate's Drivewise and State Farm's In-Drive system might see lower rates as long as they are good drivers.
- Discount for Life Insurance - If the company offers life insurance, you could get better premium rates if you take out a life policy as well.
- Seat Belt Usage - Drivers who always wear seat belts and also require passengers to buckle up could save 15% on the medical payments or PIP coverage costs.
- Discount for Passive Restraints - Factory options such as air bags or motorized seat belts can receive discounts of 20 to 30 percent.
- Fewer Miles Equal More Savings - Maintaining low annual mileage could earn discounted auto insurance rates on garaged vehicles.
- Cautious Driver Discount - Insureds who avoid accidents may save up to 50% more as compared to drivers with claims.
- Accident-Free Discounts - Good drivers with no accidents get the best auto insurance rates compared to frequent claim filers.
- Driver Education Discount - Require your teen driver to complete a driver education course as it can save substantially.
As is typical with insurance, some of the credits will not apply to all coverage premiums. Most only apply to the price of certain insurance coverages like liability and collision coverage. So when it seems like adding up those discounts means a free policy, it just doesn't work that way.
Larger auto insurance companies and a summarized list of policyholder discounts are:
- GEICO offers premium reductions for military active duty, seat belt use, anti-theft, multi-policy, and good student.
- Travelers may include discounts for save driver, driver training, home ownership, multi-policy, and payment discounts.
- Nationwide policyholders can earn discounts including easy pay, family plan, defensive driving, business or organization, multi-policy, and accident-free.
- Farmers Insurance offers discounts including business and professional, teen driver, homeowner, good student, and alternative fuel.
- Esurance has discounts for multi-policy, renters, multi-car, DriveSense, Switch & Save, and emergency road assistance.
- State Farm offers discounts for Steer Clear safe driver discount, accident-free, safe vehicle, passive restraint, and Drive Safe & Save.
- Progressive includes discounts for homeowner, online signing, good student, multi-policy, multi-vehicle, and continuous coverage.
- Mercury Insurance may have discounts that include annual mileage, multi-car, professional/association, low natural disaster claims, good student, accident-free, and age of vehicle.
If you need the cheapest Grove City car insurance quotes, ask all the companies which discounts you may be entitled to. Some of the discounts discussed earlier might not be available to policyholders in Grove City.
Insurance advertising tricks
Car insurance providers like State Farm, Allstate and GEICO constantly bombard you with television and radio advertisements. All the companies convey the message of big savings if you change to their company. But how can every company have lower policy pricing? Just pay attention to how they say it.
Car insurance companies have underwriting criteria for the driver that earns them the highest profit. For instance, a preferred risk could be a mature driver, carries full coverage, and has a short commute. A propective insured who meets those qualifications will probably get cheap premium rates and will probably save when they switch companies.
People who don't meet the ideal profile will be charged higher rates which leads to the prospect going elsewhere. The ad wording is "people who switch" not "everybody who quotes" will save that much if they switch. This is how insurance companies can confidently make it sound like they have such great auto insurance rates. Different companies use different criteria so you should do a price quote comparison at every renewal. It is impossible to predict with any certainty which company will provide the lowest car insurance in Grove City.
Car insurance coverage options
Knowing the specifics of your car insurance policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be confusing and coverage can change by endorsement. Shown next are typical coverages available from car insurance companies.
Liability insurance will cover damage that occurs to other's property or people that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.
Liability coverage pays for things such as structural damage, attorney fees, medical expenses and funeral expenses. How much liability should you purchase? That is a personal decision, but buy higher limits if possible. Ohio requires minimum liability limits of 25/50/25 but you should think about purchasing higher limits.
Collision insurance will pay to fix damage to your vehicle resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for claims such as crashing into a building, colliding with a tree, hitting a mailbox and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to increase the deductible to bring the cost down.
This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage pays for things like hitting a deer, vandalism, damage from a tornado or hurricane, theft and hitting a bird. The most you'll receive from a claim is the market value of your vehicle, so if the vehicle's value is low it's probably time to drop comprehensive insurance.
Uninsured/Underinsured Motorist (UM/UIM)
This coverage protects you and your vehicle's occupants from other motorists when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and damage to your vehicle.
Since many Ohio drivers only carry the minimum required liability limits (25/50/25), it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.
Med pay and Personal Injury Protection (PIP)
Coverage for medical payments and/or PIP kick in for immediate expenses like doctor visits, EMT expenses, dental work and prosthetic devices. They can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage
One last thing about your coverage
You just learned some good ideas how you can save on car insurance in Grove City. The key concept to understand is the more times you quote, the higher your chance of finding cheaper Grove City car insurance quotes. You may even find the best price on car insurance is with a small local company. Smaller companies often have lower prices on specific markets as compared to the big name companies such as Allstate and Progressive.
When shopping online for car insurance, you should never reduce needed coverages to save money. In many cases, consumers will sacrifice collision coverage and learned later that it was a big mistake. Your goal is to buy a smart amount of coverage at the best possible price, but do not skimp to save money.
Budget-conscious car insurance is possible online and from local agencies, so get free Grove City car insurance quotes from both of them in order to have the best price selection to choose from. Some car insurance companies may not have online quoting and these regional insurance providers prefer to sell through local independent agents.