Finding dependable, cost effective insurance is difficult, and determining which companies quote the cheapest auto insurance rates after a speeding ticket involves additional perseverance. Each company uses different criteria to set policy rates, so let’s take a look at the most budget-friendly auto insurance companies in Ohio.
It’s important to understand that Ohio auto insurance rates are determined by lots of factors which can substantially decrease or increase the price of coverage. This price variability is why it is crucial to shop around with many companies to get the most economical car insurance rates after a speeding ticket. Car insurance prices are impacted by many risk factors and can change without notice, so the most economical company a year ago may now be one of the higher cost companies.
Best Insurance Companies with Licence Points
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Utica National | $654 |
| 2 | Allied | $676 |
| 3 | Erie | $687 |
| 4 | Frankenmuth | $687 |
| 5 | Travelers | $733 |
| 6 | USAA | $741 |
| 7 | Cincinnati Insurance | $749 |
| 8 | Merchants Insurance Group | $755 |
| 9 | Grange Mutual | $804 |
| 10 | General Casualty | $805 |
| 11 | Motorists Mutual | $816 |
| 12 | Central Mutual | $848 |
| 13 | Hastings Mutual | $858 |
| 14 | State Farm | $867 |
| 15 | Atlantic States | $913 |
| 16 | Westfield | $936 |
| 17 | Western Reserve | $941 |
| 18 | Progressive | $991 |
| 19 | Auto-Owners | $998 |
| 20 | American Family | $1,021 |
| Compare Rates Now Go | ||
Utica National offers some of the cheapest car insurance rates in Cincinnati at around $654 each year. This is $386 less than the average policy premium paid by Ohio drivers of $1,040. Allied, Erie, Frankenmuth, and Travelers also qualify as some of the cheaper Cincinnati, OH car insurance companies.
In the above example, if you are insured with Travelers and switched to Allied, you could see a yearly price reduction of in the neighborhood of $57. Insureds with USAA might save as much as $65 a year, and Cincinnati Insurance insureds might realize rate reductions of up to $73 a year.
To find out how your current rates compare, click here to start a quote or quote prices from the following companies.
Bear in mind that those policy rates are averages for all types of drivers and the different vehicles they drive and and are not figured with an exact location after a speeding ticket. So the insurer that has the cheapest rates for you may not even be in the list above. That’s why you need to quote rates from many companies using your own personal information and vehicle type.
The vehicle model that needs insurance is one of the primary factors when quoting economical insurance after a speeding ticket. Vehicles with reasonable performance levels, good crash test ratings, or a low likelihood of having liability claims will cost quite a bit less to insure than high performance models. The list below illustrates insurance prices for a selection of the most affordable automobiles to buy coverage for.
| Vehicle Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V LX 2WD | $1,745 |
| Honda Odyssey EX | $2,025 |
| Toyota Tacoma Double Cab 4WD | $2,065 |
| Dodge Grand Caravan Crew | $2,103 |
| Ford Escape Limited 4WD | $2,203 |
| Hyundai Elantra SE Touring Station Wagon | $2,211 |
| Nissan Rogue SL 2WD | $2,211 |
| Honda Civic Hybrid 4-Dr Sedan | $2,216 |
| Jeep Grand Cherokee Limited 4WD | $2,225 |
| Ford Edge SEL 2WD | $2,236 |
| Toyota Prius | $2,251 |
| Ford F-150 Lariat Crew Cab Harley 4WD | $2,256 |
| Toyota Camry LE | $2,279 |
| Volkswagen Jetta S 4-Dr Sedan | $2,289 |
| Toyota RAV4 2WD | $2,279 |
| Start a Quote Go | |
Price data assumes single female driver age 30, two speeding tickets, no at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, and homeowner. Rate quotes do not factor in garaging location in Cincinnati, OH which can modify premiums significantly.
Looking at the numbers, you can conclude that makes and models like the Honda CR-V, Honda Odyssey, Toyota Tacoma, and Dodge Grand Caravan will be the less-costly vehicles to insure after a few driving violations.
Rate difference between full and liability-only coverage
Saving on auto insurance should be important to the majority of vehicle owners, and one of the easiest ways to pay less for insurance after a speeding ticket is to not buy full coverage. The information below visualizes the comparison of insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data assumes no accidents or driving violations, $100 deductibles, single marital status, and no discounts are applied to the premium.
If we average the cost for all age groups, comp and collision coverage costs an additional $1,455 per year more than carrying just liability coverage. Many drivers may wonder if buying full coverage is a good investment. There is no set rule of when to exclude physical damage insurance, but there is a general school of thought. If the annual cost of your full coverage insurance is 10% or more of the settlement you would receive from your company, then it may be the right time to buy liability only.
For example, let’s pretend your vehicle’s claim settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company would pay you is $7,000 after you pay the deductible. If you are paying in excess of $700 a year for physical damage coverage, the it may be a good time to stop paying for full coverage.
Choosing a good quality auto insurance company can be rather challenging considering how many choices drivers have in Ohio. The information displayed below can help you analyze which coverage providers to look at when trying find the best insurance after a speeding ticket. The rankings below are for companies that write coverage in many states, so smaller companies that only insure vehicles in Ohio are not included in the list.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 99 | 100 | 90 | 92% | A++ | 97.4 |
| 21st Century | 89 | 86 | 100 | 88% | A | 92.7 |
| GEICO | 97 | 91 | 88 | 85% | A++ | 92.5 |
| Nationwide | 88 | 94 | 91 | 88% | A+ | 91.3 |
| AAA Insurance | 93 | 87 | 88 | 87% | A | 90.8 |
| Liberty Mutual | 91 | 91 | 92 | 87% | A | 90.7 |
| Safeco Insurance | 90 | 93 | 88 | 86% | A | 90.2 |
| State Farm | 91 | 94 | 80 | 88% | A++ | 90.2 |
| Travelers | 89 | 91 | 94 | 79% | A++ | 90.1 |
| American Family | 88 | 92 | 83 | 88% | A | 89.4 |
| Titan Insurance | 89 | 91 | 83 | 86% | A+ | 89.3 |
| Allstate | 90 | 90 | 84 | 85% | A+ | 89.1 |
| Progressive | 83 | 85 | 99 | 87% | A+ | 88.7 |
| Erie Insurance | 92 | 90 | 82 | 88% | A+ | 88.5 |
| The Hartford | 87 | 89 | 84 | 87% | A+ | 88 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Discounts on Cincinnati car insurance
Insurance providers that offer quotes after a speeding ticket may also give you price discounts that can reduce rates by as much as 40% or more if you meet certain criteria. Popular auto insurance companies and a summarized list of policyholder discounts include:
- State Farm offers discounts for passive restraint, Drive Safe & Save, defensive driving training, multiple autos, driver’s education, and Steer Clear safe driver discount.
- GEICO policyholders can earn discounts including anti-lock brakes, federal employee, daytime running lights, multi-policy, driver training, and multi-vehicle.
- Liberty Mutual offers premium reductions for new vehicle discount, multi-car, new move discount, teen driver discount, exclusive group savings, and hybrid vehicle.
- The Hartford offers discounts including vehicle fuel type, anti-theft, defensive driver, bundle, driver training, good student, and air bag.
- MetLife has discounts for good student, multi-policy, defensive driver, good driver, accident-free, claim-free
- Progressive may include discounts for continuous coverage, good student, multi-policy, multi-vehicle, online signing, online quote discount, and homeowner.
The illustration below shows the comparison of auto insurance rates with and without discounts applied to the policy premium. The premium estimates are based on a female driver, three violations and no at-fault accidents, Ohio state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows the price with no discounts. The second bar shows the rates with homeowner, passive restraint, paid-in-full, paperless filing, continuous coverage, and anti-theft discounts applied. When discounts are applied, theaverage amount saved on auto insurance after a speeding ticket is 28% or $484.
How to find economical auto insurance after a speeding ticket
Below you’ll find some of the recommended thrifty ideas that can help Cincinnati drivers locate lower-cost car insurance.
- Higher credit ratings may save you money
- Keep your driving record clean
- Increase deductibles to save money
- Avoid having at-fault accidents
- Buy vehicles with good safety ratings
- Check for cheaper rates once a year
The last item on the list is certainly vital, as was noted in this article. Auto insurance prices in Cincinnati go up and down frequently, so drivers shouldn’t be resistant to switch carriers if you find a better deal. We understand brand loyalty, but it’s not a good idea if that stubbornness costs you major coinage every year. It only take a few minutes to shop around to find cheaper auto insurance after a speeding ticket.
If you have questions and prefer to have professional advice when shopping for the best coverage after a few driving violations, the insurance agencies below can most likely help you determine which car insurance policy is best.
To find an agent closest to you, click the link after the list.
- Advantage Insurance Network LLC
4739 Delhi Ave – Cincinnati, OH 45238 – (513) 922-9460 - Dillhoff Insurance
120 E 4th St # 1000 – Cincinnati, OH 45202 – (513) 621-2020 - Letitia Fulkerson – State Farm Insurance Agent
882 Ohio Pike – Cincinnati, OH 45245 – (513) 752-2144 - Brodbeck Porter Agency
7249 Beechmont Ave – Cincinnati, OH 45230 – (513) 624-0900