The average cost of car insurance in Dayton is $773 per year, cheaper than the state average. The cheapest most widely available company in the city is GEICO, which has an average rate of $502 per year. MoneyGeek evaluated the cheapest companies by coverage amount and driving history. For those looking for quality service and affordability, MoneyGeek also ranked the best companies.
Compare the Cheapest Car Insurance Quotes in Dayton
The Cheapest and Best Car Insurance in Dayton
The Cheapest Car Insurance Companies in Dayton
Based on average rates, the cheapest companies in the city are:
- USAA: $462 per year (only available to current and former military or their families)
- GEICO: $502 per year
For many Dayton drivers, a MetLife policy costs 113.5% more than a similar coverage with GEICO. Meanwhile, USAA policyholders pay 132% less than MetLife policyholders. We always recommend that our readers shop around to find the best car insurance.
All these prices are for a 40-year-old male driver with a full coverage policy, which includes liability insurance and comprehensive and collision insurance.
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Average Cost of Car Insurance in Dayton
The average car insurance rate in Dayton is $773 per year. That means Dayton drivers typically pay less for car insurance compared to the state and national average premiums.
The state average is $803, 3.7% more than Dayton. The city average is also 45.7% cheaper than the national average of $1,424.
The Best Car Insurance Companies in Dayton
For the drivers who value a balance of affordability and quality service, MoneyGeek ranked the best car insurance companies in Dayton.
- Erie Insurance (MoneyGeek score of 95 out of 100)
- The Hartford (MoneyGeek score of 87.5 out of 100)
Although USAA got the highest score, it was not listed as best overall because it is only available to military members, veterans and their families. To arrive at the unique MoneyGeek scores, we used a scoring system that includes J.D. Power user satisfaction, affordability and financial stability.
Personalized Quotes to Get You the Cheapest Car Insurance in Dayton
Comparing car insurance quotes is the best way to find the policy that most accurately fits your needs. Various factors, such as age, ZIP code, gender, credit history and car make and car model, affect car insurance quotes in Dayton. Get personalized quotes regularly to see if you qualify for discounts or rebates.
Shopping around for car insurance in Dayton could save you $271, which is enough to buy:
Cheapest Car Insurance in Dayton by Coverage Amount
In Dayton and elsewhere, the amount of coverage you buy will have a huge impact on the price of your auto insurance. A car insurance policy only meeting state minimums costs $438 on average, while a full coverage policy in the city costs an average of $824, a difference of $386 per year.
Ohio Minimum Liability Requirements
- 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.
Many drivers consider the most affordable car insurance policy to be the best option. However, that is not the case for everyone. You should consider the level of coverage suitable for your needs.
A 50/100/50 liability-only or full coverage policy will provide higher coverage limits. You can get as much as $50,000 for bodily injuries per person, $100,000 for total bodily injuries per accident and $50,000 for property damage. A liability-only policy will only cover the other driver’s expenses, while full coverage will include your expenses if you are in an at-fault accident. The difference between liability-only and full coverage from GEICO is only $149 per year.
If you want higher coverage, then a 100/300/100 full coverage policy may be right for you. GEICO is the cheapest widely available company with an average rate of $502 annually.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
- CompanyState Minimumper year50 / 100 / 50per year
- Company50 / 100 / 50per year100 / 300 / 100per year
Cheapest Car Insurance in Dayton if You Have Driving Violations
Having moving violations on your driving record, such as speeding tickets, at-fault accidents, or a DUI, will increase your car insurance rates in Dayton. For instance, the average cost of insurance from GEICO for a driver with a clean driving record is $502 per year. A speeding ticket will increase that rate by $116. A similar policy costs $1,108 on average for drivers with DUI, which is a whopping $606 more expensive.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
Another important factor when determining auto insurance rates in Ohio is your address. Your ZIP code makes a difference because of crime rates, accident statistics and the number of uninsured drivers. In Dayton, ZIP Codes 45424 and 45417 have the same average rate of $733 per year.
- Zip CodeState Minimumper year
Factors That Impact Insurance Costs in Dayton
In addition to individual driver needs and history, location-specific factors like the percentage of uninsured motorists and the rate of fatal accidents also contribute to car insurance rates in Dayton. How Dayton ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Dayton 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
- Kaiser Family Foundation. "2019 Employer Health Benefits Survey." Accessed January 16, 2020.