How many times have you told yourself it's time to shop around for lower-priced car insurance rates in Sidney, OH? Buying lower priced quotes can seem to be difficult for consumers that are relatively new to comparing and buying car insurance on the web. With dozens of online companies, how are consumers expected to even start to compare every possible option in order to find better prices?
Unthinkable but true, the vast majority of drivers have remained with the same car insurance company for more than four years, and approximately 38% of consumers have never shopped around. Many consumers in the U.S. could pocket up to 47% a year just by shopping around, but most undervalue how much savings they would realize if they switched.
Car insurance companies in Sidney
The providers in the list below provide free rate quotes in Sidney, OH. If multiple providers are shown, we suggest you click on several of them to find the lowest car insurance rates.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Equinox LTZ AWD||$648||$324||$54|
|Chevrolet Silverado LT Regular Cab 2WD||$680||$340||$57|
|Dodge Ram Quad Cab Sport 2WD||$626||$313||$52|
|Ford Escape Limited 2WD||$600||$300||$50|
|Ford F-150 XL Regular Cab 4WD||$510||$255||$43|
|Ford Focus SE 2-Dr Coupe||$766||$383||$64|
|Ford Fusion SEL 4-Dr Sedan||$860||$430||$72|
|Honda Accord LX-S 2-Dr Coupe||$902||$451||$75|
|Honda CR-V LX 4WD||$634||$317||$53|
|Honda Civic EX 4-Dr Sedan||$730||$365||$61|
|Mazda 3 I Sport 4-Dr Sedan||$598||$299||$50|
|Nissan Altima 2.5 4-Dr Sedan||$688||$344||$57|
|Nissan Rogue SL 2WD||$636||$318||$53|
|Toyota Camry SE||$856||$428||$71|
|Toyota Corolla XLE||$706||$353||$59|
|Get Your Own Custom Quote Go|
Above prices assume married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Table data does not factor in specific garaging location which can modify rates significantly.
Male drivers compared to female drivers
The example below visualizes the comparison of yearly insurance costs for male and female drivers in Sidney. The premiums are based on no accidents or driving violations, full physical damage coverage, $250 deductibles, drivers are not married, 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.
Does full coverage make sense?
The information below visualizes the comparison of Honda Civic insurance rates with full coverage and liability only. The data assumes no violations or accidents, $500 deductibles, single male driver, and no discounts are factored in.
Honda Civic rates are for example purposes only. To get rates for your specific vehicle, click here.
When to eliminate full coverage
There is no clear-cut formula to stop paying for comprehensive and collision coverage on your policy, but there is a general guideline. If the yearly cost for physical damage coverage is more than around 10% of the settlement you would receive from your company, then you might want to consider buying only liability coverage.
For example, let's say your Honda Civic replacement value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company would pay you is $5,000 after paying the physical damage deductible. If it's costing you more than $500 annually for full coverage, then you may need to consider dropping full coverage.
There are a few situations where buying only liability insurance is not recommended. If you still have a lienholder on your title, you are required to maintain full coverage to protect the lienholder's interest. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should not buy liability only.
Take policy discounts and save on insurance
Insurance is not cheap nor is it fun to buy but you might find some hidden discounts that many consumers don't even know exist. Certain reductions will be credited at the time of purchase, but a few must be specifically requested before you get the savings.
- Payment Discounts - By making one initial payment instead of monthly or quarterly installments you can avoid the installment charge.
- Good Student - Performing well in school could provide a savings of up to 20% or more. Most companies allow this discount until age 25.
- Senior Discount - If you're over the age of 55, you may qualify for a discount up to 10%.
- No Claim Discounts - Claim-free drivers get the best insurance rates as compared to insureds who have frequent claims or accidents.
- Safety Restraint Discount - Buckling up and requiring all passengers to buckle up could cut 10% or more off the medical payments premium.
- Discounts for New Vehicles - Adding a new car to your policy may earn a small discount since new model year vehicles are generally safer.
- Telematics Data - Drivers who elect to allow their insurance company to track when and where they use their vehicle by installing a telematics device such as Progressive's Snapshot and State Farm's In-Drive might get better premium rates if they are good drivers.
- Bundled Policy Discount - If you have multiple policies with the same insurance company you may save up to 20% and get you inexpensive Sidney auto insurance.
- Passenger Safety Discount - Vehicles equipped with air bags can qualify for discounts of more than 20%.
While discounts sound great, it's important to understand that many deductions do not apply to the entire cost. Some only reduce the cost of specific coverages such as comprehensive or collision. Despite the fact that it seems like all the discounts add up to a free policy, it just doesn't work that way.
Companies and a selection of discounts are detailed below.
- Progressive offers premium reductions for multi-policy, good student, online quote discount, continuous coverage, and homeowner.
- AAA may offer discounts for education and occupation, AAA membership discount, good driver, good student, and anti-theft.
- Farmers Insurance discounts include good student, switch companies, youthful driver, multi-car, business and professional, pay in full, and bundle discounts.
- GEICO may include discounts for five-year accident-free, defensive driver, daytime running lights, membership and employees, and air bags.
- Esurance includes discounts for anti-theft, Pac-12 alumni, emergency road assistance, Switch & Save, defensive driver, and safety device.
- SAFECO has savings for safe driver, anti-theft, teen safety rewards, teen safe driver, anti-lock brakes, multi-car, and drive less.
- State Farm may have discounts that include multiple autos, multiple policy, driver's education, anti-theft, passive restraint, and Steer Clear safe driver discount.
Before you buy a policy, ask all companies you are considering what discounts are available to you. All car insurance discounts may not apply in your area. If you would like to view insurers that offer some of these discounts in Ohio, click here.
Rate influencing factors
Consumers need to have an understanding of some of the factors that play a part in calculating the price you pay for auto insurance. If you know what impacts premium levels, this empowers consumers to make smart changes that could result in much lower annual insurance costs. Multiple criteria are taken into consideration when you quote your car insurance policy. Some are pretty understandable such as your driving history, but some are less apparent like your vehicle usage and annual miles driven.
Is your car built for speed? - The type of vehicle you own makes a significant difference in determining your rates. Economy passenger vehicles usually have the lowest rates, but your final cost has many other factors.
Teenage drivers are expensive to insure - Older drivers tend to be more responsible, cause fewer claims and accidents, and are generally more financially stable.Drivers with little experience have a tendency to be less responsible when driving therefore auto insurance rates are much higher.
How's your driving record? - Whether or not you get tickets impacts premiums far more than you think. Even a single citation could increase your next policy renewal forty percent or more. Good drivers pay less for auto insurance compared to bad drivers. Drivers who have gotten multiple violations such as DUI, reckless driving or excessive speeding are required to submit a SR-22 form with their state DMV in order to keep their license.
Lower premiums with no policy lapses - Driving without insurance can get your license suspended and auto insurance companies will penalize you for letting your coverage lapse. Not only will you pay higher rates, failure to provide proof of insurance can result in a revoked license or a big fine.
GPS tracking and theft deterrents reduce prices - Driving a car with anti-theft technology or alarm system can help lower your premiums. Anti-theft devices like OnStar, LoJack tracking, and tamper alarms can help prevent auto theft and help lower rates.
Being married pays dividends - Having a significant other may earn you lower rates when shopping for auto insurance. Having a spouse generally demonstrates drivers are more stable financially and it's proven that married drivers tend to have fewer serious accidents.
Tailor your insurance coverage to you
Always remember that when buying insurance from an agent or online for your personal vehicles, there isn't really a best way to insure your cars. Your financial needs are unique so your insurance needs to address that. These are some specific questions may help highlight whether you may require specific advice.
- How much will a speeding ticket raise my rates?
- Am I missing any policy discounts?
- How does medical payments coverage work?
- Does having multiple vehicles earn me a discount?
- Is my camper covered for physical damage?
- When should I remove my kid from my policy?
If you don't know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies.
Compare prices but buy from a local Sidney insurance agent
A lot of people would prefer to have an agent's advice and we recommend doing that A nice benefit of comparing rate quotes online is the fact that you can find cheap rate quotes and also buy local.
Upon completion of this form (opens in new window), the coverage information gets sent to agents in your area who will gladly provide quotes for your coverage. It simplifies rate comparisons since you won't have to search for an agent as quotes are delivered to you instantly. Get lower rates AND an agent nearby. If you want to compare rates from a specific insurance provider, just jump over to their website to submit a rate quote request.
Choosing an insurer is decision based upon more than just the premium amount. Before buying a policy in Sidney, get answers to these questions.
- Does the agent have professional designations like CIC, CPCU or AIC?
- Can you use your own choice of collision repair facility?
- Who is covered by the car insurance policy?
- Do they offer rental car reimbursement?
- When do they do policy reviews?
- Can they provide you with a list of referrals?
If you would like to find a reliable insurance agent, it's important to understand the different types of agents and how they differ in how they can insure your vehicles. Agents can either be exclusive or independent (non-exclusive).
Exclusive Insurance Agents
Exclusive agencies can only place business with one company like Allstate, AAA, Farmers Insurance, and State Farm. These agents are not able to shop your coverage around so they have no alternatives for high prices. Exclusive insurance agents are trained well on their products and sales techniques which helps overcome the inability to quote other rates. Drivers often buy insurance from these agents mainly due to the brand legacy instead of buying on price only.
Independent Agencies or Brokers
Agents that choose to be independent are not limited to a single company and that allows them to write policies through lots of different companies and get the cheapest rates. If premiums increase, the agent simply finds a different carrier and you don't have to find a new agent.
When comparing insurance prices, it's recommended you get quotes from a couple of independent agencies for maximum quote selection. They often place coverage with lesser-known insurance companies that may have much lower rates than larger companies.
One last thing about your coverage
Budget-conscious car insurance can be purchased on the web as well as from insurance agents, so you should compare both to get a complete price analysis. Some companies may not have internet price quotes and these regional carriers only sell through local independent agencies.
You just learned a lot of tips how to save on car insurance in Sidney. The most important thing to understand is the more rate quotes you have, the more likely it is that you will get a better rate. You may even discover the lowest priced car insurance comes from a company that doesn't do a lot of advertising. They may only write in your state and offer lower rates than the large multi-state companies such as Progressive and GEICO.
- Electronic Stability Control FAQ (iihs.org)
- What Car Insurance is Cheapest in Cincinnati, Ohio? (FAQ)
- Who Has Cheap Ohio Auto Insurance for Active Military? (FAQ)
- Who Has Cheap Ohio Car Insurance Quotes for Safe Drivers? (FAQ)
- Safety Tips for Teen Drivers (Insurance Information Institute)
- Distracted Driving Statistics (Insurance Information Institute)
- Information for Teen Drivers (GEICO)