The words “cheap” and “insurance” really should not be used together, specifically when you are searching for the cheapest auto insurance for good drivers. Because of the high cost, let’s open your eyes to a few of the factors the can have a considerable influence on car insurance prices, and come up with some ideas to cut the cost of your next policy.
For safe drivers, one of the largest things that are looked at to help calculate the amount you pay each year for auto insurance is where your residence is in Toledo. Cities with more crime and/or more people tend to pay slightly more, whereas areas with less people or fewer weather incidents benefit from lower rates.
The illustration below lists the most expensive places in Ohio for good drivers to buy auto insurance in. Toledo shows up at #3 with an annual rate of $1,267 for the average insured, which is approximately $106 per month.
|Rank||City||Premium Per Year|
|Start a Quote Go|
Annual rates are approximated as zip code location can modify coverage prices significantly.
The make and model of vehicle you are seeking coverage for is probably the largest consideration when comparing cheaper insurance for good drivers. Vehicles with high performance, a lack of modern safety features, or a history of substantial liability claims will cost significantly more to insure than safer, lower-performance models.
The table below illustrates insurance rates for a number of the most affordable vehicles to insure in Ohio.
|Vehicle||Estimated Cost for Full Coverage|
|Ford Escape XLT 4WD||$1,278|
|Honda Accord LX 4-Dr Sedan||$1,371|
|Honda CR-V EX 4WD||$1,449|
|Toyota Tacoma 2WD||$1,451|
|Ford Focus S 4-Dr Sedan||$1,456|
|Dodge Grand Caravan Hero||$1,479|
|Volkswagen Jetta S 2.5 Station Wagon||$1,489|
|Honda Odyssey LX||$1,499|
|Ford Edge SE 2WD||$1,505|
|Ford F-150 Lariat Crew Cab 2WD||$1,509|
|Jeep Wrangler Unlimited Sport 4WD 4-Dr||$1,522|
|Ford Explorer XLT 4WD||$1,530|
|Honda Civic EX 4-Dr Sedan||$1,538|
|Kia Optima LX||$1,585|
|Dodge Ram Quad Cab ST 4WD||$1,615|
|Chevrolet Equinox LT AWD||$1,618|
|Get a Custom Quote Go|
Data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Premium amounts do not factor in vehicle location which can influence coverage prices considerably.
Looking at the data, you can assume that vehicles like the Ford Escape, Honda Accord, Honda CR-V, Toyota Tacoma, and Ford Focus are most likely going to be a few of the cheapest vehicles to insure for safe drivers.
Finding the right car insurance provider can be challenging considering how many choices there are in Toledo. The ranking data listed below may help you select which auto insurance companies you want to consider comparing prices from.
These rankings are for companies who write in the majority of U.S. states, so smaller companies are not factored into this list. If you’d like to compare prices from these and other competitive companies, just click here.
Top 10 Major Auto Insurance Providers in Toledo Ranked by Customer Service
- State Farm
- Safeco Insurance
- American Family
- Titan Insurance
- Liberty Mutual
- Erie Insurance
Top 10 Major Auto Insurance Providers in Toledo Ranked by Customer Satisfaction
- USAA – 92%
- Erie Insurance – 88%
- American Family – 88%
- State Farm – 88%
- Nationwide – 88%
- 21st Century – 88%
- AAA Insurance – 87%
- Liberty Mutual – 87%
- Farmers Insurance – 87%
- The Hartford – 87%
Get discount Toledo auto insurance
Car insurance companies that offer coverage for good drivers may additionally offer discounts that can lower rates by 40% or more if you meet specific eligibility requirements. A few of the larger companies and their offered discounts can be found below.
- 21st Century offers discounts for defensive driver, air bags, teen driver, anti-lock brakes, automatic seat belts, and 55 and older.
- Progressive may have discounts that include good student, online quote discount, online signing, continuous coverage, homeowner, and multi-policy.
- State Farm offers discounts including good student, student away at school, anti-theft, passive restraint, and accident-free.
- Nationwide policyholders can earn discounts including multi-policy, anti-theft, business or organization, good student, and easy pay.
- Esurance offers premium reductions for online shopper, anti-theft, DriveSense, renters, and claim free.
- The Hartford may offer discounts for vehicle fuel type, anti-theft, defensive driver, good student, bundle, air bag, and driver training.
The diagram below shows the difference between insurance rates with and without discounts being applied to the rates. The data assumes a male driver, a clean driving record, no at-fault accidents, Ohio state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with homeowner, safe-driver, defensive driving course, marriage, anti-theft, and passive restraint discounts applied. When discounts are applied, theaverage yearly reduction on insurance for good drivers is 28% or $445.
Ideas for finding cheaper auto insurance for good drivers
It’s not impossible to find cheaper rates, and here are many thrifty ideas that can help Toledo drivers find lower-cost car insurance.
- On older vehicles, drop full coverage
- Raise comprehensive and collision coverage deductibles
- Buy your homeowners policy from the same company as your auto insurance
- Safe vehicles generally have lower rates
- Improve your credit score
- Avoid price increases by not filing claims
- Shop around for cheaper rates regularly
That last idea is especially vital, as was emphasized in the prior article. Prices change frequently, so don’t be tentative to buy from a new company if a better deal can be had.
Brand loyalty is great, but is isn’t recommended if that dedication is costing potentially thousands of dollars a year. In less than five minutes you could compare prices to find cheaper car insurance for good drivers in Toledo.
The insurance agents in Toledo listed below can most likely help you decide which auto insurance coverages would be the best in your situation, since lots of people like to have a consultation when shopping for the best coverage for safe drivers. It can be complicated to find the best coverage on your own, so professional agents can provide comfort knowing your policy gives you enough protection. To locate a Toledo auto insurance agent in your neighborhood, click the button at the bottom of the list.
- Becki Ballenger – State Farm Insurance Agent
3520 Heatherdowns Blvd #5 – Toledo, OH 43614 – (419) 385-5775
- Bob Burns Insurance and Financial
2229 W Laskey Rd – Toledo, OH 43613 – (419) 471-1950
- Fox Insurance
4560 Heatherdowns Blvd # 103 – Toledo, OH 43614 – (419) 385-2797
- Allstate Insurance: Jessica J. Hernandez
1855 S Reynolds Rd B – Toledo, OH 43614 – (419) 536-9000
- Allstate Insurance: Tim Wyrostek
2008 N Holland Sylvania Rd – Toledo, OH 43615 – (419) 536-5100