How Much Does Auto Insurance Cost for High School Students in Ohio?

Our staff writers always rib each other than when writing about auto insurance, the word affordable should not appear as a descriptor for auto insurance rates. Unfortunately, cheap auto insurance for high school students may be a thing of the past. Don’t let that discourage you, because we can show you some ways you can get auto insurance that is easy on your budget.

One of the many things that is used by car insurance companies to determine auto insurance rates is where you keep your vehicle. Urban areas that are densely populated like Toledo, Youngstown, and Cincinnati tend to have higher auto insurance costs, whereas areas with fewer weather claims and lower vehicle theft rates benefit from lower rates.

The table below illustrates the highest-priced places in Ohio for high school students to purchase car insurance in.

Rate information is approximated as the garaging address in Ohio can raise or lower premiums substantially.

The vehicle model that is being insured is one of the largest factors in finding the cheapest insurance for high school students. Vehicles with more horsepower, poor safety features, or high incidents of liability claims will cost substantially more to insure than safer, lower-performance models.

The next table illustrates car insurance prices for a number of the cheaper vehicles to insure.

Data assumes single male driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include safe-driver, and claim-free. Price estimates do not factor in specific location information which can lower or raise price quotes noticeably.

By looking at the data, cars like the Ford Escape, Honda CR-V, Hyundai Elantra, Chevrolet Traverse, and Toyota Prius are likely to be the most budget-friendly vehicles to insure for teenagers. The price of auto insurance will be more expensive because of the fact that there is more liability risk for high school students, but generally speaking those particular vehicles will tend to have the cheapest auto insurance rates that you’ll find.

Deciphering which companies have the cheapest auto insurance rates for high school students takes a little more work in order to find a policy that fits your budget. Every insurance company uses a little different formula for determining prices, so let’s take a look at the auto insurance companies with the overall best prices in Ohio.

Cheap Insurance Rates for Students

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Utica National generally has some of the most affordable car insurance rates in Ohio at around $628 annually. Erie, Allied, Frankenmuth, and USAA would also make the list of some of the more affordable Ohio auto insurance companies.

As the rates illustrate above, if you currently have coverage with Allied and switched to Utica National, you may see annual savings of roughly $48. Policyholders with Frankenmuth might save as much as $52 a year, and USAA policyholders might lower prices by up to $91 a year.

To discover how much you can save, click here to start your custom quote or visit several of the following companies.

It’s important to note that these prices are averages across all insureds and vehicles and do not factor in a price surcharge for high school students. So the insurer that fits your situation best may not even be shown in the list of companies above. That illustrates why you need to get rate quotes from many companies using your own driver data and vehicle information.

State Farm, Allstate, Geico, or Progressive: Who is cheapest?

When comparing car insurance for teenagers in Ohio, four of the best places to start are State Farm, Allstate, Geico, and Progressive. The data below rates pricing and service ratings, as well as optional policy coverages that are available from each company.

Cheap insurance quotes for teenagers

There are many different ways to compare cheaper auto insurance rates in Ohio, but the most common are from an exclusive insurance agent such as Allstate or Auto-Owners, an independent agent, or direct from companies such as Geico or Progressive. Each way has the same basic process, but it’s important to point out the distinctions in how they price policies.

Independent agents write business for many companies and can get rate quotes from all of them. These types of agents are appointed with more than one company and can get prices from more than one company, which can give you the best chance of saving money. If they find a cheaper price, an independent agent can move your coverage and you don’t have to find a new agent.

An exclusive ageny is usually restricted to a single insurance company, two examples being an Allstate or State Farm agent. Exclusive agents cannot provide other companys’ prices, so if the price isn’t competitive there isn’t much they can do.

The third way to buy auto insurance is direct which means you forego the middleman (the agent) and instead buy buying direct from a company like Progressive or Esurance. Shopping direct can be good for people who do not have a lot of assets and understand how their policy works.

When shopping for auto insurance, which way works best to find cheap auto insurance for high school students in Ohio? It would be easy to say buying from a direct car insurance company saves the most money since there is no middleman, but that is generally not the case. It could also be said buying auto insurance from an independent agent can save the most money due to more options, but again, that’s not accurate. In a lot of cases, exclusive agents have extremely competitive rates that are the lowest in Ohio.

Due to the large number of rating factors, really the only way to make sure you’re not overpaying for auto insurance is to compare rate quotes from as many companies as possible. We recommend you get price quotes all three ways to get a good idea who is cheapest. For a list of companies with some of the cheapest Ohio auto insurance rates, click here to view.