Want more competitive insurance rates in Riverside, OH? When looking for lower-cost insurance, do you get overwhelmed by the number of insurance providers in Riverside? Consumers have such a large number of options that it can easily turn into a difficult situation to find the perfect company for you. Riverside has many things to offer, but paying high insurance rates makes it difficult to purchase enough protection.

A recent study showed that about 70% of customers have been with the same company for four years or more, and approximately 40% of consumers have never even compared quotes to find cheaper rates. With the average premium in America being $1,847, drivers can save nearly $859 each year, but most tend to underestimate the big savings they would realize if they just switched companies.

Our objective is to instruct you on the most effective ways to compare rates and how you can save the most money. If you have insurance now, you should be able to buy cheaper insurance using this strategy. Although Ohio vehicle owners do need to know how big insurance companies calculate your insurance rates and use this information to your advantage.

How much is auto insurance in Riverside, Ohio?

Keep in mind that comparing more rates from different companies increases your odds of finding more affordable insurance.

The providers in the list below can provide free rate quotes in Riverside, OH. If the list has multiple companies, we suggest you visit as many as you can to get a more complete price comparison.

Insurance Estimates for Popular Vehicles in Riverside
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Malibu LTZ $822 $411 $69
Chevrolet Silverado LS Crew Cab 4WD $744 $372 $62
Dodge Ram Quad Cab TRX4 Off Road 2WD $954 $477 $80
Ford Edge Limited 2WD $702 $351 $59
Ford Escape XLT 4WD $680 $340 $57
Ford Explorer Limited AWD $822 $411 $69
Ford F-150 Lariat Crew Cab 4WD $826 $413 $69
Ford Focus SE 2-Dr Coupe $898 $449 $75
Honda Accord LX 4-Dr Sedan $666 $333 $56
Honda CR-V EX-L 2WD $770 $385 $64
Honda Civic DX 2-Dr Coupe $704 $352 $59
Jeep Grand Cherokee SRT-8 4WD $850 $425 $71
Kia Optima LX $728 $364 $61
Nissan Altima 3.5 SR 4-Dr Sedan $1,064 $532 $89
Nissan Rogue S AWD $722 $361 $60
Toyota Camry LE $900 $450 $75
Toyota Corolla XLE $656 $328 $55
Toyota Prius $656 $328 $55
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Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Price estimates do not factor in specific Riverside garaging location which can lower or raise prices noticeably.

Bad driving habits will cost you more

The diagram below highlights how speeding tickets and accident claims can affect Chevrolet Malibu yearly insurance costs for each age group. The costs are based on a married female driver, full physical damage coverage, $500 deductibles, and no additional discounts are factored in.

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

Premiums by gender and age

The illustration below shows the comparison of auto insurance costs for male and female drivers in Riverside. The premiums assume no violations or accidents, full physical damage coverage, $100 deductibles, drivers are not married, and no discounts are factored in on a Chevrolet Tahoe LTZ.

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

Choosing vehicle insurance is an important decision

Even though it's not necessarily cheap to insure a vehicle in Riverside, maintaining insurance serves several important purposes.

First, just about all states have minimum liability requirements which means state laws require specific minimum amounts of liability insurance in order to license the 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 took out a loan on your car, more than likely the lender will make it a condition of the loan that you have physical damage coverage to guarantee loan repayment. If you cancel or allow the policy to lapse, the bank may insure your vehicle at a much higher premium rate and force you to reimburse them for it.

Third, car insurance protects both your vehicle and your assets. Insurance will also pay for medical expenses that are the result of an accident. As part of your policy, liability insurance will also pay to defend you if you cause an accident and are sued. If your car is damaged in a storm or accident, collision and comprehensive coverages will cover the repair costs.

The benefits of buying enough insurance outweigh the cost, especially if you ever need it. As of last year, the average driver in Ohio is overpaying more than $865 each year so compare rate quotes every year to ensure rates are inline.

Save a ton on car insurance with these eight car insurance discounts

Insuring your fleet can be pricey, but you might find some hidden discounts to reduce the price significantly. Most are applied at the time of quoting, but less common discounts must be asked for prior to getting the savings. If they aren't giving you every credit available, you are throwing money away.Save money with discounts

A little note about advertised discounts, most credits do not apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears you can get free auto insurance, it's just not the way it works. Any qualifying discounts will definitely reduce the amount you pay for coverage.

If you would like to choose from a list of car insurance companies with discount rates in Ohio, click here.

When do I need to contact a local insurance agent?

Some consumers would prefer to sit down with an agent and that is a personal choice. The best thing about comparing rate quotes online is you can get the lowest rates but also keep your business local. And providing support for local agents is especially important in Riverside.

Insurance agents in RiversideAfter filling out this simple form, your coverage information is immediately sent to participating agents in Riverside that provide free Riverside car insurance quotes for your coverage. You never need to do any legwork because quoted prices will be sent directly to you. You can get cheaper insurance rates and a licensed agent to talk to. If for some reason you want to get a rate quote from one company in particular, just visit that company's website and fill out their quote form.

Insurance agent types

If you're trying to find a local insurance agency, there are a couple of types of insurance agents that you can choose from. Insurance agents are categorized either independent (non-exclusive) or exclusive.

Independent Insurance Agents (or Brokers)

These agents are not locked into one company so they can write business with an assortment of companies and find the cheapest rate. If they find a lower price, the agent simply finds a different carrier which requires no work on your part.

If you need cheaper insurance rates, you absolutely need to check rates from at a minimum one independent agency to maximize your price options. Many can place coverage with small mutual carriers which could offer lower prices.

Exclusive Insurance Agents

These agents have only one company to place business with like American Family, State Farm, and AAA. Exclusive agents cannot provide rate quotes from other companies so they have no alternatives for high prices. Exclusive agents are highly trained on sales techniques and that can be a competitive advantage. Some people will only buy from exclusive agents primarily because of the brand legacy rather than low rates.

Selecting an car insurance agent should include more criteria than just the quoted price. Here are some questions you should ask.

Car insurance coverage basics

Understanding the coverages of your policy can help you determine the right coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Collision - Collision insurance pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as sideswiping another vehicle, sustaining damage from a pot hole and hitting a parking meter. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.

Lowest and Highest Collision Coverage Claims by Vehicle Make and Model
Lowest Overall Losses Highest Overall Losses
Ford F-250 SuperCab Bentley Continental Flying Spur
Nissan Xterra Bently Continental GTC
Ford F-150 SuperCrew Nissan GT-R
Smart ForTwo Ferrari 458
Mini Cooper BMW 6 Series
GMC Canyon Audi RS7

Statistics from IIHS.org for 2013-2015 Model Years

Med pay and Personal Injury Protection (PIP) - Coverage for medical payments and/or PIP kick in for short-term medical expenses such as doctor visits, pain medications, rehabilitation expenses, EMT expenses and ambulance fees. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover you and your occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Car Insurance Medical Payment Claims by Manufacturer Model
Lowest Overall Losses Highest Overall Losses
Ford Expedition Chevrolet Spark
Ford F-350 SuperCrew Dodge Charger
Ford F-250 SuperCrew Nissan Versa
Chevrolet Silverado 3500 Mitsubishi Mirage
Tesla Model S Kia Forte
Chevrolet Silverado 2500 Nissan Sentra

Statistics from IIHS.org for 2013-2015 Model Years

Uninsured/Underinsured Motorist (UM/UIM) - This protects you and your vehicle when the "other guys" do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your vehicle.

Because many people carry very low liability coverage limits (which is 25/50/25), it doesn't take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time these limits are similar to your liability insurance amounts.

Coverage for liability - Liability coverage protects you from damage that occurs to other people or property that is your fault. This coverage protects you against other people's claims, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 25/50/25 that translate to $25,000 in coverage for each person's injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Some companies may use a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers things such as court costs, structural damage and loss of income. How much liability coverage do you need? That is up to you, but it's cheap coverage so purchase as much as you can afford. Ohio state minimum liability requirements are 25/50/25 but you should think about purchasing better liability coverage.

Bodily Injury Liability Claims by Vehicle Make and Model
Lowest Overall Losses Highest Overall Losses
Subaru Forester Chevrolet Impala
Chevrolet Corvette Mitsubishi Lancer
Volvo XC60 Kia Optima
Subaru Outback Hyndai Accent
Fiat 500 Chrysler 200
Acura MDX Kia Rio

Statistics from IIHS.org for 2013-2015 Model Years

Comprehensive insurance - This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as hail damage, hitting a deer and damage from flooding. The maximum amount your car insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.

Lowest and Highest Comprehensive Claims by Vehicle
Lowest Overall Losses Highest Overall Losses
Nissan Leaf Porsche Panamera GTS
Chevy Silverado 2500 BMW M6
Ford F-350 BMW M6
Chevy Spark Bentley Continental GTC
Nissan Xterra Mercedes-Benz S Class
GMC Sierra 2500 Maserati Quattroporte

Statistics from IIHS.org for 2013-2015 Model Years

Quote more to save more

When buying insurance coverage, you should never buy less coverage just to save a little money. There are too many instances where someone dropped collision coverage and discovered at claim time that it was a big error on their part. The ultimate goal is to buy the best coverage you can find at the best cost but still have enough coverage for asset protection.

Insureds leave their current company for a variety of reasons including poor customer service, extreme rates for teen drivers, high prices and unfair underwriting practices. It doesn't matter what your reason, finding the right auto insurance provider is less work than it seems.

Cost effective auto insurance is definitely available both online and from local agencies, so you should compare both to have the best selection. A few companies may not provide the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agencies.

More detailed auto insurance information is located at these sites: