Finding low-cost insurance for your car in Ohio could be a painful process, but you can learn a few tricks to save time. There are both good and bad ways to shop for auto insurance and we'll show you the quickest way to compare rates for a new or used and find the lowest possible price either online or from Miamisburg insurance agents.

You should make it a habit to quote other rates occasionally because insurance prices trend upward over time. If you had the best quotes on auto insurance on your last policy you can probably find a better rate now. Don't believe everything you read about auto insurance out there, but in just a couple of minutes you can learn some great ideas on how to put money back in your pocket.

If you already have coverage or just want cheaper coverage, use these techniques to get lower rates and still get good coverage. Obtaining price quotes for the best-priced protection in Miamisburg is not as hard as you may think. Consumers just have to use the tricks to compare insurance rates over the internet.

The providers in the list below can provide comparison quotes in Ohio. If multiple companies are listed, it's a good idea that you get rate quotes from several of them to find the most competitive auto insurance rates.

Insurance Price Estimates for Popular Vehicles in Miamisburg
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Equinox LTZ 2WD $874 $437 $73
Chevrolet Impala LTZ $668 $334 $56
Chevrolet Silverado LT Crew Cab 4WD $738 $369 $62
Dodge Grand Caravan CV $738 $369 $62
Dodge Ram Crew Cab TRX 2WD $654 $327 $55
Ford Escape XLT 2WD $528 $264 $44
Ford F-150 XL Regular Cab 2WD $566 $283 $47
Ford Focus S 4-Dr Sedan $848 $424 $71
Ford Fusion SEL 4-Dr Sedan $1,064 $532 $89
Honda Accord LX-P 4-Dr Sedan $682 $341 $57
Honda CR-V EX-L 4WD $466 $233 $39
Honda Civic DX 4-Dr Sedan $770 $385 $64
Hyundai Elantra SE Touring Station Wagon $750 $375 $63
Nissan Altima 2.5 4-Dr Sedan $688 $344 $57
Toyota Camry LE $604 $302 $50
Toyota Corolla S $952 $476 $79
Toyota Prius $764 $382 $64
Toyota Tacoma Double Cab TRD Sport Package 4WD $706 $353 $59
Get Your Own Custom Quote Go

Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Information does not factor in the specific area where the vehicle is garaged which can raise or lower price quotes significantly.

Does full coverage make sense?

The chart below illustrates the comparison of Chevrolet Tahoe premium costs when comparing full coverage to liability only. Data assumes a clean driving record, no claims, $250 deductibles, single female driver, and no other discounts are factored in.

Chevrolet Tahoe rates are for example purposes only. To get rates for your specific vehicle, click here.

When to buy liability coverage only

There is no set rule of when to phase out full coverage, but there is a guideline you can use. If the yearly cost for physical damage coverage is more than about 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.

For example, let's assume your Chevrolet Tahoe replacement cost is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would get paid by your company is $2,000 after the deductible is paid. If it's costing in excess of $200 annually for your policy with full coverage, then it might be time to buy liability only.

There are some circumstances where only buying liability is not financially feasible. If you haven't paid off your loan, you have to keep full coverage to satisfy the loan requirements. Also, if you don't have enough money to buy a different vehicle in the even your car is totaled, you should not remove full coverage.

How high should deductibles be?

The example below shows how choosing a deductible and can raise or lower Ford Focus insurance costs for different age categories. The data assumes a single female driver, full coverage, and no discounts are taken into consideration.

Ford Focus rates are for example purposes only. To get rates for your specific vehicle, click here.

Why you need car insurance

Even though it's not necessarily cheap to insure a vehicle in Miamisburg, insurance is not optional due to several reasons.

First, almost all states have compulsory liability insurance requirements which means it is punishable by state law to not carry a specific minimum amount of liability if you drive a vehicle. 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 you have a loan on your vehicle, most lenders will have a requirement that you have full coverage to ensure they get paid if you total the vehicle. If coverage lapses or is canceled, the bank may buy a policy for your vehicle at a much higher rate and require you to reimburse them much more than you were paying before.

Third, car insurance preserves not only your vehicle but also your assets. It will also provide coverage for medical bills that are the result of an accident. Liability insurance will also pay attorney fees if you cause an accident and are sued. If you receive damage to your vehicle caused by a storm or accident, your car insurance policy will pay to restore your vehicle to like-new condition.

The benefits of carrying adequate insurance more than cancel out the cost, especially when you need to use it. According to a 2015 survey, the average American driver overpays as much as $830 a year so you should quote your policy with other companies once a year at a minimum to ensure rates are competitive.

Are auto insurance companies telling the truth?

Ohio drivers can't ignore all the ads for cheaper auto insurance by Allstate, GEICO and Progressive. They all seem to make an identical promise that you can save after switching to them.

Is it even possible that every company can charge lower premium rates? It's all in the wording.

Companies have a certain "appetite" for the type of insured that earns them a profit. An example of a driver they prefer may need to be married and over the age of 30, carries full coverage, and drives a lower-performance vehicle. A propective insured who meets those qualifications will get low prices and will save if they switch.

Potential insureds who don't meet these standards will get a more expensive rate and the customer not buying. The wording the ads use say "customers who switch" not "everybody who quotes" will save that much if they switch. That's the way companies can truthfully state the savings. This really emphasizes why you need to do a quote comparison often. It is impossible to guess the company that will have the lowest rate quotes.

Do you qualify for these nine discounts?

Some providers don't always publicize all discounts in an easy-to-find place, so we took the time to find some of the more common and the harder-to-find discounts you could be receiving when you buy Miamisburg car insurance online.Save money with discounts

Just know that most discounts do not apply to your bottom line cost. Most cut the price of certain insurance coverages like comp or med pay. Just because you may think all those discounts means the company will pay you, nobody gets a free ride.

To see auto insurance companies that have a full spectrum of discounts in Miamisburg, click here.

Can't I compare rates from local Miamisburg insurance agents?

Some consumers just want to talk to an insurance agent. Insurance agents can make sure you are properly covered and help you file claims. One of the best bonuses of comparing rates online is the fact that drivers can get cheap auto insurance quotes and still buy from a local agent.

Insurance agency in MiamisburgOnce you complete this quick form, the coverage information is transmitted to local insurance agents in Miamisburg who want to provide quotes for your business. You won't even need to search for any insurance agencies since rate quotes are delivered directly to you. If you want to get a rate quote from one company in particular, you can always visit that company's website and submit a quote form there.

Choosing the best insurance company is decision based upon more than just a cheap quote. The questions below may impact your decision as well.

Car insurance agents in Miamisburg come in two varieties

If you want local Miamisburg agents, you must know there are a couple types of agencies and how they differ in how they quote coverages. Auto insurance agents in Miamisburg can either be independent (non-exclusive) or exclusive. Both types of agents can insure your vehicles properly, but it's good to learn the difference between them because it can influence your selection of an agent.

Exclusive Agencies

Exclusive insurance agents can only write with one company such as Allstate, State Farm and Farm Bureau. Exclusive agents are unable to give you multiple price quotes so they have to upsell other benefits. Exclusive agents are trained well on their company's products which helps them sell on service rather than price. Consumers frequently use the same exclusive agent partially due to the prominence of the brand instead of buying on price only.

Independent Agents

Agents in the independent channel are not restricted to one company so they can insure your vehicles through many different auto insurance companies enabling the ability to shop coverage around. To transfer your coverage to a different company, an independent agent can move your coverage which is easy for the insured. When comparing rates, you absolutely need to get several quotes from a few independent agents to maximize your price options. They also have the ability to place coverage with smaller mutual companies which can be an advantage.

Specifics of your auto insurance policy

Having a good grasp of your auto insurance policy aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Uninsured and underinsured coverage - This protects you and your vehicle's occupants from other motorists when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle's occupants and damage to your vehicle.

Since a lot of drivers only carry the minimum required liability limits (25/50/25), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Collision coverages - Collision insurance will pay to fix damage to your vehicle resulting from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things like sustaining damage from a pot hole, crashing into a ditch, hitting a parking meter and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Another option is to choose a higher deductible in order to get cheaper collision rates.

Manufacturer Models with the Lowest and Highest Collision Coverage Claims
Lowest Claim Amount Highest Claim Amount
Ford Edge BMW M6
Chevrolet Colorado Bentley Continental Flying Spur
Nissan Xterra Audi RS7
Mini Cooper Ferrari 458
GMC Canyon Bently Continental GTC
Jeep Wrangler Nissan GT-R

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

Auto liability insurance - Liability insurance provides protection from injuries or damage you cause to other's property or people. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability coverage pays for things such as legal defense fees, funeral expenses and repair costs for stationary objects. How much liability coverage do you need? That is your choice, but buy as large an amount as possible. Ohio requires minimum liability limits of 25/50/25 but you should think about purchasing better liability coverage.

Liability Insurance Claims by Manufacturer Model
Lowest Claim Amount Highest Claim Amount
Subaru Forester Mitsubishi Mirage
Acura MDX Hyndai Accent
Audi A6 Dodge Charger
Fiat 500 Mitsubishi Lancer
Chevrolet Corvette Kia Rio
Subaru Outback Kia Optima

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

Comprehensive coverages - This pays for damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like vandalism, a broken windshield, damage from a tornado or hurricane, falling objects and damage from flooding. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.

Comprehensive Coverage Claims by Manufacturer Model
Lowest Claim Amount Highest Claim Amount
Ford F-350 BMW M6
Infiniti QX50 Mercedes-Benz S Class
Nissan Leaf Porsche Panamera GTS
Smart ForTwo Maserati Granturismo
Chevy Spark Maserati Quattroporte
Volvo V60 Bentley Continental GT

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

Coverage for medical payments - Personal Injury Protection (PIP) and medical payments coverage pay for bills for hospital visits, doctor visits, pain medications and prosthetic devices. They are utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Lowest and Highest Medical Payment Claims by Vehicle Model
Lowest Claim Amount Highest Claim Amount
Ford F-250 SuperCrew Nissan Versa
Chevrolet Silverado 2500 Nissan Sentra
Chevrolet Silverado 3500 Chevrolet Spark
Chevrolet Corvette Mitsubishi Lancer
Ford Expedition Chevrolet Sonic
Tesla Model S Mitsubishi Mirage

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

Affordable insurance rates are out there

Budget-friendly insurance in Miamisburg can be purchased online and also from your neighborhood Miamisburg agents, and you should compare price quotes from both to get a complete price analysis. A few companies do not offer price quotes online and usually these small, regional companies provide coverage only through independent agencies.

We just covered a lot of information how to shop for insurance online. The key thing to remember is the more you quote Miamisburg car insurance, the better likelihood of getting low cost Miamisburg car insurance quotes. Drivers may even discover the lowest prices are with a lesser-known regional company.

When searching for cheap Miamisburg car insurance quotes, make sure you don't skimp on coverage in order to save money. In many cases, an insured dropped physical damage coverage and discovered at claim time that they should have had better coverage. The proper strategy is to purchase plenty of coverage at a price you can afford and still be able to protect your assets.

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