No sane person loves paying for insurance, particularly when their premiums are too high.
A recent NerdWallet.com study revealed that the vast majority of consumers kept their coverage with the same insurance company for over three years, and practically 40% of insurance customers have never compared rate quotes at all. Many drivers in Ohio could cut their rates by nearly 55% a year by just comparing rate quotes, but most undervalue the benefits if they changed companies. Due to the increasing number of online and local companies to choose from, it can be diffult for drivers to locate the right company.
The quickest method we recommend to compare car insurance rates is to know most insurance companies have advanced systems to give free rates quotes. All consumers are required to do is give them rating details such as if you have an active license, an estimate of your credit level, driver ages, and if the vehicle is leased. That rating information is submitted instantly to all major companies and you get price estimates with very little delay.
To start a quote now, click here and enter your coverage details.
The companies shown below have been selected to offer comparison quotes in Ohio. If several companies are displayed, we suggest you visit as many as you can to get the most affordable price.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Colorado LT 2WD||$544||$272||$45|
|Chevrolet Silverado LS Extended Cab 2WD||$820||$410||$68|
|Dodge Ram Quad Cab Sport 2WD||$944||$472||$79|
|Ford Escape XLT 2WD||$666||$333||$56|
|Ford F-150 SVT Raptor Super Cab 4WD||$688||$344||$57|
|Ford Focus SEL 4-Dr Sedan||$798||$399||$67|
|GMC Sierra SLE Crew Cab 4WD||$852||$426||$71|
|Honda Accord EX 2-Dr Coupe||$806||$403||$67|
|Honda CR-V EX-L 4WD||$456||$228||$38|
|Honda Civic GX 4-Dr Sedan||$702||$351||$59|
|Jeep Grand Cherokee Laredo 4WD||$610||$305||$51|
|Nissan Altima 3.5 SR 2-Dr Coupe||$950||$475||$79|
|Nissan Rogue S 2WD||$750||$375||$63|
|Toyota Camry XLE||$856||$428||$71|
|Toyota Corolla XLE||$748||$374||$62|
|Toyota Tacoma Double Cab 4WD||$776||$388||$65|
|Get Your Own Custom Quote Go|
Table data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Price estimates do not factor in vehicle garaging location which can decrease or increase premium rates substantially.
Men versus women drivers and insurance cost
The information below compares auto insurance costs for male and female drivers in Trotwood. Data assumes no claims or driving citations, comprehensive and collision coverage, $250 deductibles, marital status is single, and no policy discounts are applied on a Honda Civic DX.
Honda Civic rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Discounts for lower Trotwood auto insurance rates
Companies offering auto insurance don't always list every discount in an easy-to-find place, so the following list contains a few of the more well known and the more hidden auto insurance savings.
- Driver's Education for Students - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in high school.
- Clubs and Organizations - Affiliation with qualifying clubs or civic groups is a simple method to lower premiums on your bill.
- Discount for Multiple Policies - When you combine your auto and homeowners insurance and place coverage with the same company you could save nearly 15% which can help you find affordable Trotwood car insurance.
- Accident Free - Trotwood drivers who stay claim-free can earn big discounts in comparison to drivers with a long claim history.
- Trotwood Homeowners Discount - Simply owning a home can help you save on auto insurance due to the fact that maintaining a home means you have a higher level of financial diligence.
A little disclaimer on discounts, most of the big mark downs will not be given to the entire cost. Most only cut individual premiums such as physical damage coverage or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, you won't be that lucky.
A few of the larger companies and some of the discounts are:
- AAA policyholders can earn discounts including good driver, good student, anti-theft, education and occupation, multi-policy, and AAA membership discount.
- Progressive discounts include online signing, multi-policy, multi-vehicle, online quote discount, homeowner, good student, and continuous coverage.
- State Farm includes discounts for Steer Clear safe driver discount, student away at school, Drive Safe & Save, passive restraint, good driver, and multiple autos.
- Esurance may include discounts for renters, online quote, anti-lock brakes, DriveSense, safety device, good driver, and good student.
- Nationwide has savings for good student, multi-policy, family plan, anti-theft, and easy pay.
When quoting, ask each company the best way to save money. Some of the earlier mentioned discounts may not apply to policyholders in Trotwood. To see providers that can offer you the previously mentioned discounts in Trotwood, click this link.
How your Trotwood rates are determined
Many things are considered when quoting car insurance. Some factors are common sense like your driving record, but some are not quite as obvious such as whether you are married or how financially stable you are. A large part of saving on car insurance is knowing a few of the rating criteria that go into determining car insurance rates. When you know what positively or negatively influences your rates, this allows you to make good choices that may result in much lower annual insurance costs.
The items below are some of the items utilized by car insurance companies to help set premiums.
You may save more by bundling policies - Many companies will give discounts to buyers who consolidate policies with them. It's known as a multi-policy discount. The discount can be anywhere from five to ten percent in most cases. Even though this discount sounds good, it's still a good idea to get quotes from other companies to help ensure you have the lowest rates. Consumers may save money even if you have your coverage with different companies
Single vs. married - Being married may earn you lower rates when buying car insurance. Having a significant other generally demonstrates drivers are more responsible and insurance companies reward insureds because married drivers tend to file fewer claims.
Never allow your coverage to lapse - Driving any period of time without insurance is not a good idea and your next policy will cost more because you let your insurance lapse for non-payment. Not only will you pay higher rates, not being able to provide proof of insurance can result in fines or a revoked license. You may need to prove you have insurance by filing a SR-22 with the Ohio department of motor vehicles.
Your location is important - Living in a rural area has it's advantages when it comes to car insurance. Residents of big cities have more aggressive driving styles and much longer commute distances. Fewer drivers and short commutes translates into fewer accident claims in addition to fewer liability claims.
Deter vehicle theft - Choosing to buy a car with anti-theft technology or alarm system can get you a discount on your car insurance. Theft prevention features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your vehicle from being stolen.
When to contact an insurance agency
Some people still like to sit down with an agent and often times that is recommended Agents can help you build your policy and give you someone to call. A nice benefit of comparing rate quotes online is the fact that you can find the lowest rates and still choose a local agent. Putting coverage with neighborhood agents is important particularly in Trotwood.
By using this short form, your coverage information is sent to insurance agents in Trotwood that can give you free Trotwood car insurance quotes for your car insurance coverage. There is no need to contact an agency since price quotes are sent directly to you. If you need to get a rate quote for a specific company, feel free to search and find their rate quote page to submit a rate quote request.
What types of auto insurance agents are in Trotwood?
If you need to find local Trotwood agents, you must know there are a couple different agency structures that you can choose from. Car insurance agencies are categorized either exclusive or independent agents depending on their company appointments. Either one can insure your vehicles properly, but it's good to learn how they differ since it can impact which agent you choose.
Independent Car Insurance Agents
Independent insurance agents can quote rates with many companies so they have the ability to put coverage with multiple insurance companies and find the cheapest car insurance rates. If they find a cheaper price, the agent simply finds a different carrier and the insured can keep the same agent. If you are comparing rate quotes, you should always include price quotes from multiple independent agents in order to compare the most rates.
Exclusive Insurance Agencies
Agents that elect to be exclusive work for only one company such as AAA, Allstate, and State Farm. These agents are not able to give you multiple price quotes so keep that in mind. They are usually well trained on their company's products which can be an advantage.
Finding the right insurance agency should include more criteria than just the bottom line cost. You should also get answers to these questions.
- What kind of financial rating does the company have?
- Do they carry Errors and Omissions coverage?
- Which insurance company do they prefer to write with?
- Do they have any clout with companies to ensure a fair claim settlement?
- Which companies do they recommend if they are an independent agency?
Why you might not save $398 a year
Ohio consumers can't escape the ads that promise big savings from companies such as State Farm, Allstate and GEICO. They all seem to say the same thing about saving some big amount after switching your auto insurance policy to them.
It sounds good, but how can they all lower your premium rates?
All the different companies are able to cherry pick for the right customer that will not have excessive claims. One example of a profitable insured may be over the age of 50, has a clear driving record, and does not commute to work. A driver who meets those qualifications receive the lowest rate quotes in Trotwood as well as save some money.
Potential customers who do not meet this stringent profile will be quoted a more expensive rate and ends up with the customer buying from a different company. If you listen closely, the ads state "customers who switch" but not "all drivers who get quotes" can get the lowest rates when switching. That's the way companies can truthfully make those claims.
Because each company has a different risk profile, drivers should do a price quote comparison at every renewal. You cannot predict which company will have the lowest rate quotes.
We just presented many tips how you can shop for insurance online. The most important thing to understand is the more providers you compare, the better chance you'll have of finding affordable Trotwood car insurance quotes. You may even find the lowest car insurance rates are with the smaller companies. Some small companies may only write in your state and offer lower premium rates than their larger competitors like Allstate and Progressive.
As you restructure your insurance plan, never reduce coverage to reduce premium. There are many occasions where drivers have reduced liability coverage limits only to regret that the few dollars in savings costed them thousands. Your goal should be to purchase plenty of coverage at the best price, but do not skimp to save money.
More detailed insurance information is located at these sites:
- Tools for Teen Driving Safety (State Farm)
- Which Company has the Cheapest Car Insurance in Mansfield, OH? (FAQ)
- How Much are Auto Insurance Quotes for Homeowners in Ohio? (FAQ)
- Who Has the Cheapest Auto Insurance for a Nissan Sentra in Ohio? (FAQ)
- How Much is Ohio Car Insurance for a Kia Forte? (FAQ)
- Which Company has the Cheapest Auto Insurance in Toledo, Ohio? (FAQ)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
- Auto Insurance for Teen Drivers (Insurance Information Institute)