Cheapest Car Insurance for Real Estate Agents in Ohio

Deciding which insurers offer the lowest-priced car insurance rates for real estate agents requires a little more work in order to find coverage that fits your buget.

Each insurer uses their own method for filing rates in each state, so we need to take a look at the overall cheapest car insurance companies in Ohio.

Cheapest Insurance Rates for Realtors

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Utica National generally has some of the most affordable car insurance rates in Ohio at around $635 a year. Erie, Allied, Frankenmuth, and Travelers are also some of the lowest-priced Ohio car insurance companies.

As shown above, if you are a customer of Frankenmuth and switched to Erie, you might achieve yearly savings of around $19. Policyholders with Travelers may save as much as $44 a year, and USAA customers might lower prices by $50 a year.

To find the cheapest auto insurance for real estate agents in Ohio for your vehicle, click here to start your custom quote or quote prices from the following companies.

Understand that those premium estimates are averages across all drivers and vehicles and do not factor in a price discount for real estate agents. So the auto insurance company that is best suited for you may not even be in the list of companies above. That underscores the importance of why you need to get rate quotes from many companies using your own specific driver information and vehicle.

For realtors, one of the largest things that is looked at to help calculate rate quotes is where you choose to live. Regions with larger populations or more claims like Toledo, Cleveland, and Cleveland Heights tend to pay slightly more, whereas areas with less congestion generally benefit from lower insurance rates.

The illustration below ranks the higher priced cities in Ohio for real estate agents in which to purchase auto insurance.

Premium costs are approximated as the specific zip code location can affect insurance rates considerably.

The make and model of vehicle needing coverage is a large consideration when comparing the cheapest auto insurance for real estate agents in Ohio. Vehicles with more horsepower, poor safety features, or a track record of large liability claims will cost significantly more to insure than safer, lower-performance models. The information below features car insurance prices for some of the most affordable vehicles to insure.

Cost estimates assume married female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Premium costs do not factor in your specific Ohio location which can impact rates considerably.

By looking at the data, cars like the Ford Edge, Honda Accord, and Honda CR-V are going to be a few of the cheaper vehicles to insure for realtors.

Careless drivers pay higher rates

The easiest method to earn the cheapest car insurance rates in Ohio for realtors is to pay attention while driving and not have accidents or get tickets. The illustration below highlights how traffic violations and at-fault accidents influence insurance rates for different insured age categories. The costs are based on a single female driver, comprehensive and collision coverage, $100 deductibles, and no policy discounts are applied.

The chart shows that the average cost of auto insurance per year with no violations or accidents is $1,378. Factor in one speeding ticket and the average cost hikes up to $1,560, an increase of $182 each year. Now add in two accidents along with the one speeding ticket and the 12-month cost of car insurance for real estate agents increases to an average of $3,037. That’s an increase of $1,660, or $138 per month, just for being a less-than-perfect driver!

Discount Ohio car insurance rates

Insurers that offer the cheapest auto insurance for real estate agents in Ohio may also provide discounts that may potentially lower prices by 25% or more if you meet certain criteria. Companies and the discounts they provide are included below.

• State Farm offers discounts including good driver, passive restraint, anti-theft, Steer Clear safe driver discount, and accident-free.
• Farmers Insurance offers discounts for electronic funds transfer, teen driver, youthful driver, pay in full, early shopping, switch companies, and bundle discounts.
• GEICO policyholders can earn discounts including emergency military deployment, defensive driver, air bags, multi-policy, federal employee, and anti-lock brakes.
• American Family has discounts for Steer into Savings, mySafetyValet, bundled insurance, multi-vehicle, TimeAway discount, and defensive driver.
• Nationwide may offer discounts for anti-theft, defensive driving, good student, Farm Bureau membership, multi-policy, easy pay, and business or organization.
• Progressive offers premium reductions for homeowner, continuous coverage, online quote discount, multi-vehicle, and good student.

The information below visualizes the comparison of insurance costs with and without some available policy discounts. The prices are based on a female driver, no accidents, no driving violations, Ohio state minimum liability limits, full coverage, and $500 deductibles.

The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with multiple policy, passive restraint, anti-theft, claim-free, marriage, and safe-driver discounts applied. When drivers take advantage of discounts, the average amount saved each year on car insurance for real estate agents is 27% or $282.

Which major car insurance company is best?

When comparing rates for car insurance for realtors, the companies that insure more vehicles than anyone else are Geico, Progressive, Allstate, and State Farm. All of them offer physical damage and liability coverage, but each has different options that buyers can choose from. The next table compares ratings for price, service, and claims, in additional to some of the optional coverages offered by each one.