Has it been over a year since you last compared quotes for lower-priced insurance rates in Parma Heights, OH? If you are a novice to online insurance shopping, you can be baffled due to the large selection local agents and online companies that all promise to save you money.
Remarkably, a study showed that the vast majority of consumers have been with the same company for four years or more, and nearly the majority have never quoted rates to find cheap coverage. Consumers in Ohio can save nearly $730 each year just by shopping around, but most undervalue the actual amount they would save if they switched to a more affordable policy.
This article's goal is to instruct you on how to get online quotes and some tips to save money. If you have coverage now, you will most likely be able to get lower rates using the techniques covered below. But Ohio car owners do need to know how companies market on the web and use it to your advantage.
Companies offering cheap rate quotes in Ohio
The following companies have been selected to offer quotes in Ohio. If multiple companies are listed, we suggest you get rate quotes from several of them in order to find the most competitive rates.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Malibu LTZ||$644||$322||$54|
|Chevrolet Silverado LT Regular Cab 2WD||$710||$355||$59|
|Dodge Ram Quad Cab SLT 4WD||$782||$391||$65|
|Ford Escape XLS 4WD||$496||$248||$41|
|Ford F-150 Lariat Crew Cab Platinum 4WD||$754||$377||$63|
|Ford Focus SES 2-Dr Coupe||$974||$487||$81|
|Honda Accord LX-P 4-Dr Sedan||$680||$340||$57|
|Honda CR-V EX 2WD||$758||$379||$63|
|Honda Civic SI 4-Dr Sedan||$878||$439||$73|
|Hyundai Sonata SE 4-Dr Sedan||$1,004||$502||$84|
|Jeep Wrangler Unlimited Sahara 4WD 4-Dr||$700||$350||$58|
|Mazda 3 S Sport 4-Dr Sedan||$966||$483||$81|
|Nissan Altima 2.5 S 2-Dr Coupe||$820||$410||$68|
|Nissan Rogue S 2WD||$642||$321||$54|
|Toyota Camry SE||$828||$414||$69|
|Toyota Corolla XLE||$754||$377||$63|
|Get Your Own Custom Quote Go|
Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Information does not factor in vehicle garaging location which can increase or decrease price quotes noticeably.
The information below highlights how deductible choice and can increase or decrease Chevrolet Silverado annual premium costs for each different age category. The rates are based on a single female driver, full physical damage coverage, and no additional discounts are factored in.
Chevrolet Silverado rates are for example purposes only. To get rates for your specific vehicle, click here.
One of the hardest decisions when shopping for car insurance is how high should the physical damage coverage deductibles be. The figures shown below may help to conceptualize the premium difference when you select higher and lower coverage deductibles. The first price estimate table uses a $250 deductible for comp and collision and the second rate chart uses a $1,000 deductible.
Toyota Camry rates are for example purposes only. To get rates for your specific vehicle, click here.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get a Quote for Your Vehicle Go|
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Table data does not factor in vehicle location which can raise or lower premium rates significantly.
Based on this data, we can arrive at the conclusion that using a $250 deductible costs roughly $18 more each month or $216 a year than quoting the higher $1,000 deductible. Because you would be required to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to have at a minimum 42 months between claim filings, you would probably save some money by going with a higher deductible.
Five discounts for lower-cost auto insurance quotes
Some providers do not advertise every disount available in an easy-to-find place, so the list below details a few of the more well known as well as some of the hidden credits available to bring down your rates.
- Claim Free - Claim-free drivers can save substantially in comparison with policyholders that have many claims.
- ABS Braking Discount - Cars that have anti-lock braking systems have fewer accidents and therefore earn up to a 10% discount.
- Bundle and Save - If you can combine your auto and homeowners policy with one company you could get a discount of over 10 percent off each policy depending on the company.
- Waiver for an Accident - Not necessarily a discount, but companies like Progressive, State Farm and GEICO may permit one accident without raising rates with the catch being you have to be claim-free for a particular time prior to the accident.
- Seat Belt Usage - Buckling up and requiring all passengers to use their safety belts can save up to 15% on the medical payments or PIP coverage costs.
As a footnote on discounts, most discounts do not apply to all coverage premiums. Some only reduce the cost of specific coverages such as collision or personal injury protection. So when it seems like adding up those discounts means a free policy, nobody gets a free ride. Any qualifying discounts will lower the amount you pay for coverage.
Companies and some of their more popular discounts are shown below.
- American Family may have discounts that include multi-vehicle, early bird, good driver, bundled insurance, defensive driver, and air bags.
- Nationwide policyholders can earn discounts including easy pay, Farm Bureau membership, business or organization, family plan, accident-free, and defensive driving.
- MetLife offers discounts including good student, claim-free, defensive driver, multi-policy, good driver, and accident-free.
- 21st Century may offer discounts for student driver, teen driver, defensive driver, anti-lock brakes, and early bird.
- Farmers Insurance offers discounts for bundle discounts, good student, electronic funds transfer, teen driver, alternative fuel, and mature driver.
- Allstate has discounts for auto/life discount, anti-lock brakes, premier plus, resident student, farm vehicle, and good payer.
Check with each company or agent which discounts can lower your rates. All car insurance discounts may not be available in your state. If you would like to view auto insurance companies who offer online auto insurance quotes in Ohio, click here.
Local neighborhood agents and insurance
Some people would rather sit down and talk to an agent and that can be a great decision A nice benefit of comparing rates online is the fact that drivers can get the best rates and also buy local. And providing support for neighborhood insurance agencies is especially important in Parma Heights.
To find an agent, once you fill out this short form, your insurance data gets sent to local insurance agents in Parma Heights who want to provide quotes for your insurance coverage. You never need to drive around since rate quotes are delivered directly to you. You can find better rates and a licensed agent to work with. If you want to get a rate quote from a specific company, don't hesitate to search and find their rate quote page and complete a quote there.
Finding a good company should depend on more than just the bottom line cost. Any good agent in Parma Heights should know the answers to these questions.
- Is the coverage adequate for your vehicle?
- What kind of financial rating does the company have?
- Will their companies depreciate repairs to your car based on the mileage?
- Does their agency support local causes in Parma Heights?
- What insurance company do they write the most business with?
- Can glass repairs be made at your home?
- Can you contact them at any time?
Can you really save if you switch?
Respected companies like State Farm, GEICO and Progressive continually stream television and radio advertisements. They all tend to make the same promise of big savings just by switching your policy. How does each company cost less than your current company? It's all in the wording.
Many companies are able to cherry pick for a prospective insured that will most likely be profitable. For example, a preferred risk may be between 30 and 50, owns a home, and drives less than 10,000 miles a year. Any driver that fits those parameters will qualify for the lowest car insurance rates in Parma Heights and is almost guaranteed to save a lot of money.
People who do not meet the "perfect" profile will probably be forced to pay a higher premium and this results in the customer buying from a different company. If you listen closely, the ads state "drivers that switch" not "everyone that quotes" save money. That's the way companies can truthfully advertise the savings.
Because of the profiling, you should do a rate comparison at every renewal. It's impossible to know with any certainty which company will provide you with the cheapest insurance in Parma Heights.
Having a good grasp of your policy can help you determine the right coverages for your vehicles. The terms used in a policy can be confusing and coverage can change by endorsement.
This coverage pays to fix your vehicle from damage caused by collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage protects against things such as crashing into a ditch, hitting a parking meter and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to choose a higher deductible to get cheaper collision coverage.
Medical expense coverage
Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses such as EMT expenses, X-ray expenses and rehabilitation expenses. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage
Liability insurance protects you from damage that occurs to other people or property that is your fault. It protects you from claims by other people. It does not cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.
Liability coverage pays for claims like pain and suffering, emergency aid, repair costs for stationary objects, court costs and bail bonds. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford. Ohio state minimum liability requirements are 25/50/25 but you should think about purchasing more coverage.
Uninsured or underinsured coverage
Your UM/UIM coverage provides protection when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family and damage to your vehicle.
Because many people only carry the minimum required liability limits (25/50/25 in Ohio), their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally these coverages are similar to your liability insurance amounts.
This covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.
Comprehensive can pay for things such as damage from flooding, vandalism, hitting a deer, fire damage and hitting a bird. The maximum amount you'll receive from a claim is the cash value of the vehicle, so if the vehicle's value is low consider dropping full coverage.
Persistence is the key to cheap rates
Consumers change insurance companies for many reasons like policy cancellation, being labeled a high risk driver, delays in responding to claim requests and high prices. No matter why you want to switch, finding a new auto insurance company is easier than you think.
There are still a few companies who don't offer online price quotes and usually these small insurance companies work with local independent agencies. The cheapest auto insurance in Parma Heights can be purchased from both online companies and also from your neighborhood Parma Heights agents, and you should compare price quotes from both in order to have the best chance of saving money.
Throughout this article, we presented quite a bit of information on how to lower your auto insurance rates in Parma Heights. It's most important to understand that the more quotes you get, the better chance you'll have of finding low cost Parma Heights auto insurance quotes. Drivers may even discover the biggest savings come from a smaller regional carrier.
To read more, feel free to browse the articles below:
- Help Your Teen Be a Better Driver (State Farm)
- Who Has Affordable Auto Insurance for a Ford Edge in Ohio? (FAQ)
- Which Company has the Cheapest Car Insurance in Elyria, Ohio? (FAQ)
- Who Has Affordable Car Insurance Rates for a Jeep Wrangler in Ohio? (FAQ)
- What is the Best Cheap Auto Insurance in Parma, OH? (FAQ)
- Who Has Cheap Car Insurance Quotes for Good Drivers in Ohio? (FAQ)
- Who Has Cheap Ohio Car Insurance Rates for High School Students? (FAQ)
- Who Has the Cheapest Ohio Auto Insurance Rates for Drivers Under 25? (FAQ)
- Shopping for a Safe Car (Insurance Information Institute)
- Drunk Driving Statistics (Insurance Information Institute)