Compare the Cheapest Car Insurance Quotes in Akron, OH

The average annual car insurance rate in Akron is $724, which is $79 lower than Ohio's state average. MoneyGeek analyzed the annual rates from various insurers and rated them based on coverage level and driver profile. The cheapest insurer in this city is GEICO, with an average rate of $491. For those looking for quality and affordability, MoneyGeek recommends the best companies in Akron.

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Last Updated: 5/16/2022
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In Akron, GEICO is the cheapest auto insurer for most drivers looking for full coverage car insurance. Erie offers the cheapest minimum coverage while American Family is cheapest for drivers with a speeding ticket. USAA is another affordable insurer for members of the military and their families. MoneyGeek found that Erie is the best insurer in Akron overall, balancing excellent customer service with affordability.

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The Cheapest and Best Car Insurance in Akron

The Cheapest Car Insurance Companies in Akron

If you are looking for the most affordable full coverage policy in Akron, the cheapest insurers are:

  • GEICO: $491 per year
  • American Family: $573 per year

While USAA actually comes in second as the second cheapest option for full coverage in Akron at $526 yearly, only military members and their immediate family members qualify for insurance through this company. GEICO, the most affordable option, is 78.2% cheaper than Esurance, the most expensive insurer in Akron for full coverage.

Full coverage policies include collision and comprehensive insurance to cover you in case of damage to your car. Your annual premiums can vary significantly depending on the liability coverage you opt for.

Cheapest Car Insurance in Akron
Full Coverage 100/300/100
  • Company
    100/300/100per year
  • 1.
    GEICO
    $491
  • 2.
    USAA
    $526
  • 3.
    American Family
    $573
  • 4.
    Erie
    $583
  • 5.
    State Farm
    $601
  • 6.
    Allstate
    $765
  • 7.
    Progressive
    $766
  • 8.
    Travelers
    $781
  • 9.
    Nationwide
    $785
  • 10.
    Farmers
    $871
  • 11.
    MetLife
    $872
  • 12.
    Esurance
    $875

MoneyGeek created an average driver profile of a 40-year-old male driver in Akron with a full coverage policy when obtaining quotes and assessing average premiums, as described in our methodology.

Rates for full coverage car insurance in Akron are typically higher because, unlike a minimum liability policy, full coverage includes:

  • Comprehensive insurance: Covers you for risks such as theft and vandalism.
  • Collision insurance: Covers damages resulting from collisions with other vehicles or stationary objects.

If you have an older car, your premiums for a full coverage policy may exceed the replacement value of your car. In such cases, liability-only coverage may be the better option if you’re on a tight budget.

Compare Car Insurance Rates in Akron

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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Insurance Rates

Cheapest Car Insurance in Akron for Minimum Coverage

Regardless of where you live and which company you choose, the amount of coverage you purchase will affect your insurance rates. A car insurance policy meeting only the state minimum (liability-only) requirements costs an average of $440 yearly in Akron, while a full coverage policy with higher liability limits costs about $284 more, at an average of $724. MoneyGeek analyzed dozens of car insurance companies across hundreds of cities and all 50 states to find the cheapest liability-only car insurance companies.

Cheapest Minimum Liability Car Insurance in Akron
State Minimum

A state minimum policy is the most affordable option for drivers looking for cheap car insurance in Akron. However, this type of policy carries limited liability coverage based on the 25/50/25 limits set by Ohio car insurance laws. This means that your out-of-pocket costs may be high with a state minimum policy.

For example, in an at-fault accident where medical expenses for the other driver are $40,000, $25,000 of that will be paid by the insurer, but you will have to pay the remaining $15,000 yourself.

Ohio Minimum Liability Requirements

  • Item
    Description
  • Bodily Injury and Property Damage
    $25,000 per person, $50,000 per accident and $25,000 for property damage. A more protective level is 100/300/100.

Cheapest Car Insurance in Akron if You Have Driving Violations

Akron drivers with driving violations will see their car insurance premiums increase. If you have a violation on your record, here are the most affordable insurers in Akron:

  • Cheapest after a ticket: American Family, $600 per year
  • Cheapest after an at-fault accident: American Family, $600 per year
  • Cheapest after a DUI: American Family, $600 per year

To reduce your premiums, you’ll need to improve your driving record over time. Meanwhile, you can look for the best cheap car insurance for drivers with bad records by comparing quotes from several insurers.

Cheapest Car Insurance in Akron With a Violation
Speeding Ticket

Average Cost of Car Insurance in Akron

Akron$724
Ohio$803
U.S.$1,424

On average car insurance in Akron costs $724 per year. That is lower than both the Ohio and national average annual premiums. Akron drivers pay 9.8% less than the typical annual cost of auto insurance in Ohio, which is $803, and 49.2% less than the $1,424 average yearly premium in the United States.

Personalized Quotes to Get You the Cheapest Car Insurance in Akron

Car insurance companies in Akron consider various factors to determine how much a policy will cost. They assess individualized factors, such as age, ZIP code, driving history, credit score, coverage level and vehicle make and model. Getting personalized quotes from different carriers can help a driver find possible discounts and rebates. Comparing auto insurance quotes can also help determine which company offers the best car insurance in Akron for your needs.

Compare Car Insurance Rates in Akron

Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.

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Insurance Rates

The Best Car Insurance Companies in Akron

MoneyGeek ranked insurers in Akron based on customer satisfaction scores, affordability and financial stability ratings. Our analysis found that the best auto insurers in Akron are:

  • Erie: MoneyGeek score of 95 out of 100
  • Hartford: MoneyGeek score of 88 out of 100

USAA received the highest score in Akron by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.

MoneyGeek’s scoring system incorporates J.D. Power's user satisfaction scores, affordability and financial stability ratings, among other factors.


1
USAA
Score:100

5/5

Affordability

5/5

Claims Ratings

5/5

User Satisfaction

A++

Financial Stability

2
Erie
Score:95

5/5

Affordability

4/5

Claims Ratings

5/5

User Satisfaction

A+

Financial Stability

3
Hartford
Score:87.5

3/5

Affordability

4/5

Claims Ratings

4/5

User Satisfaction

A+

Financial Stability

4
Auto-Owners Insurance Co
Score:87.5

3/5

Affordability

4/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

5
GEICO
Score:87.5

5/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A++

Financial Stability

6
Cincinnati Insurance Companies
Score:87.5

3/5

Affordability

5/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

7
Country Financial
Score:85

3/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A+

Financial Stability

8
State Farm
Score:85

4/5

Affordability

3/5

Claims Ratings

4/5

User Satisfaction

A

Financial Stability

9
Nationwide
Score:82.5

3/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

10
Esurance
Score:82.5

4/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

11
Grange
Score:80

4/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

12
Progressive
Score:80

3/5

Affordability

2/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

13
Allstate
Score:80

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

14
American Family
Score:80

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A+

Financial Stability

15
Travelers
Score:80

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A++

Financial Stability

16
MetLife
Score:80

2/5

Affordability

4/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

17
Farmers
Score:77.5

2/5

Affordability

3/5

Claims Ratings

3/5

User Satisfaction

A

Financial Stability

18
Hanover
Score:75

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

19
Liberty Mutual
Score:75

2/5

Affordability

3/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

20
AAA
Score:75

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A+

Financial Stability

21
Safeco
Score:72.5

2/5

Affordability

2/5

Claims Ratings

2/5

User Satisfaction

A

Financial Stability

Average Cost of Car Insurance by Postal Code

ZIP code also affects auto insurance premiums in Akron due to factors like the number of accidents and uninsured drivers in the area, as well as car theft rates. The average yearly premium in ZIP code 44312 is $706, which is $36 lower than the typical annual rate in the 44313 neighborhood.

  • Zip Code
    State Minimumper year
  • 44312
    $706
  • 44313
    $742

Factors That Impact Insurance Costs in Akron

In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of car thefts also contribute to car insurance rates in Akron. How Akron ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.

accident2 icon
Most Accidents With Fatalities127th/300
handcuffs2 icon
Most Car Thefts57th/300
uninsured icon
Most Uninsured Motorists by State22nd/50
insurance2 icon
Personal Injury Protection RequiredNo
rain icon
Most Annual Rainfall113th/300
umbrella icon
Most Rainy Days4th/300

Methodology and Assumptions

MoneyGeek’s average premium rates for Akron are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.