The cheapest car insurance depends on needs and driver profile. Erie is the cheapest in Cincinnati for full and minimum coverage or with a speeding ticket. Nationwide offers the cheapest rate for seniors, teens or with bad credit, and American Family for young adults, sports car drivers or with an at-fault accident or DUI. USAA is the lowest for military members.
We also found Cincinnati's best car insurance companies that balance cost and quality service.
Cheapest Car Insurance in Cincinnati, OH
Cheapest Minimum Coverage Car Insurance in Cincinnati
MoneyGeek's research found that the following companies offer the average cheapest minimum coverage car insurance in Cincinnati:
- Erie: $224 per year
- Auto-Owners: $294 per year
State Farm charges the highest rate for a minimum coverage policy in Cincinnati, based on the companies MoneyGeek collected quotes for, with an average cost of $2,688 per year.
Ohio's cheapest car insurance company is Nationwide, charging an average of $226 per year statewide for minimum coverage. Location can play a significant role in determining car insurance rates, and Nationwide’s rate for this policy in Cincinnati is around $307 a year, much more than its average cost in Ohio.
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A minimum coverage policy in Ohio only provides bodily injury and property damage coverage with the following limits:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $25,000 property damage liability per accident
The liability limits on your auto insurance policy represent the maximum your insurer will pay in an at-fault accident. For example, with a maximum of $25,000 for injuries of each passenger, up to $50,000 per accident, if the other driver sustains injuries of $30,000 and their passenger’s injuries total $20,000, the insurance company would pay $25,000 and $20,000, for a total of $45,000 for the accident. The remaining $5,000 for the driver that is above the per person max of $25,000 would be your responsibility.
Cheapest Full Coverage Car Insurance in Cincinnati
MoneyGeek found the following insurance providers offer the average cheapest car insurance for drivers looking for a full coverage policy in Cincinnati:
- Erie: $583 per year
- American Family: $603 per year
The most expensive car insurance company is State Farm, charging around $4,007 per year for full coverage in Cincinnati.
Our research shows Nationwide provides the cheapest car insurance in Ohio, with an average cost of $485 per year for full coverage. Your location significantly matters when it comes to car insurance rates, and as you can see, Nationwide isn't the lowest-priced insurer in Cincinnati for full coverage, even though it averages the cheapest rate across all Ohio cities.
Policyholders opting for a full coverage policy get comprehensive and collision insurance.
- Comprehensive insurance: This coverage will help you repair or replace your vehicle if there’s any damage because of incidents like theft, fire, vandalism or severe weather events.
- Collision insurance: This coverage pays for your vehicle’s repair or replacement if you damage it in an at-fault accident.
Purchasing full coverage may not be worth it if you own an older vehicle with a low value since the policy costs much more than liability only.
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Cheaper insurers could pocket you hundreds of dollars per year.
Cheapest Car Insurance in Cincinnati After a Driving Offense
The following companies have the average cheapest auto insurance for drivers with a moving violation on their record in Cincinnati and full coverage:
- Speeding ticket: Erie ($641 per year)
- At-fault accident: American Family ($789 per year)
- DUI: American Family ($760 per year)
State Farm is the most expensive company, charging an average of $4,887 per year with an at-fault accident and $4,448 per year with a DUI or a speeding ticket.
An unfavorable driving history can significantly increase your auto insurance premium, so the lowest-priced option for you will still cost more than for someone with a clean record.
In some cases, car insurance providers will charge you a higher rate if you have a severe violation on your record. For instance, MoneyGeek found that drivers with a DUI in Cincinnati pay roughly $418 more a year than someone with a speeding ticket.
But you can find affordable car insurance for a poor driving record by comparing rates from different insurers.
Cheapest Car Insurance in Cincinnati for Teens and Their Families
Teen drivers on a family policy with full coverage can find the average cheapest car insurance in Cincinnati from the following companies:
- Nationwide: $1,159 per year for female teens; $1,348 per year for male teens
- Allstate: $2,095 per year for male and female teens
The most expensive option is State Farm, with an average cost of $11,411 per year for female teens and $14,603 for male teens with full coverage on a family policy in Cincinnati.
Nationwide charges around $188 more a year to insure male teens than female teens. That may be because insurers generally consider them higher risk. However, the cost difference drops off in early adulthood.
Teens cannot buy an auto insurance policy legally if under 18 without a parent or guardian as a co-signer. But if the family takes that route, they should expect the teen to pay a much higher rate than if they were on the family policy.
MoneyGeek found that the average full coverage policy cost in Cincinnati for a 16-year-old male driver is $5,355 per year. If included in the family’s policy, the annual cost is around $2,828 per year. Comparing rates will help you find the cheapest car insurance for teens.
Cheapest Car Insurance in Cincinnati for Military Drivers
The following insurance providers offer the, on average, most affordable full coverage policy in Cincinnati for veterans and active-duty military members:
- USAA: $486 per year
- Erie: $583 per year
Both companies also have the cheapest military family car insurance for minimum coverage in Cincinnati. USAA charges an average of $208 per year, while the annual policy cost with Erie is around $224 per year.
How to Compare Cheap Cincinnati Car Insurance Quotes Online
If you’re interested in getting an online quote for car insurance in Cincinnati, you should know that it can take 15 or more minutes per company, and you will have to answer various questions and input personal details.
MoneyGeek’s car insurance calculator estimates your car insurance costs from multiple companies based on your driving history, coverage level, age and vehicle type. It is a quick way to see how much you may pay with different companies in Cincinnati.
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Cheapest Car Insurance in Cincinnati for Young Adults
MoneyGeek found that young drivers will get the average cheapest full coverage car insurance in Cincinnati from the following companies:
- American Family: $624 per year
- Erie: $736 per year
State Farm has the most expensive policy for young drivers in Cincinnati, charging an average of $5,082 annually for full coverage.
The average cost for a 25-year-old driver’s full coverage policy in Cincinnati is $1,278 per year. For a 40-year-old driver, it is around $1,024 per year.
Insurance providers may charge more to insure young drivers because they have less experience and may be more prone to causing accidents or speeding.
Cheapest Car Insurance in Cincinnati for Seniors
On average, the most affordable car insurance companies for seniors looking for a full coverage policy in Cincinnati are:
- Nationwide: $569 per year
- American Family: $570 per year
State Farm is the most expensive car insurance company for seniors in Cincinnati, charging an average of $3,753 annually for full coverage.
MoneyGeek found that the average cost a year is $1,024 for a 40-year-old driver with full coverage in Cincinnati, while the average annual cost for a 65-year-old driver is $981 — around $43 less.
Although car insurance generally costs more for seniors, that’s not the case in Cincinnati.
Cheapest Car Insurance in Cincinnati for Poor Credit
MoneyGeek found that the following companies offer the average cheapest full coverage car insurance for drivers with bad credit in Cincinnati:
- Nationwide: $836 per year
- Grange: $981 per year
State Farm charges the highest rate to insure a driver with poor credit in Cincinnati. On average, its full coverage policy costs $8,968 per year.
A full coverage car insurance policy in Cincinnati for drivers with bad credit could be around 85% or $875 per year more expensive than for someone with a good credit history.
Car insurers may view drivers with a bad credit history or low credit-based insurance scores as more likely to make claims, causing them to charge a higher rate. Such drivers may lower their car insurance costs by bundling policies, comparing quotes and looking for discounts. You may also take steps to improve your credit score, such as making payments on time.
Cheapest Car Insurance in Cincinnati for Sports Cars
The following companies have the average cheapest auto insurance for drivers with sports cars and a full coverage policy in Cincinnati:
- American Family: $555 per year
- Auto-Owners: $663 per year
State Farm is the most expensive car insurance company with a sports car in Cincinnati, charging an average of $4,838 annually for full coverage.
MoneyGeek found that the average car insurance cost in Cincinnati for insuring a Ford Mustang sports car is roughly 24% more than insuring a standard Toyota Camry, as Ford Mustang owners pay around $250 per year more for a full coverage policy.
MoneyGeek’s sample sports car is a Ford Mustang, so the policy cost may change depending on your car’s make and model. And insurers generally charge higher rates to insure luxury, sports and electric cars.
Average Cost of Car Insurance in Cincinnati
MoneyGeek found the average cost of car insurance in Cincinnati is $1,024 per year — around $91 more than the average car insurance cost in Ohio and roughly $241 less than the average cost in the U.S. In addition to other factors, your location may significantly affect your car insurance cost.
For example, drivers in Akron pay an average of $918 per year for a policy, while the average annual cost in Cleveland is $937. Both are less than Cincinnati.
The rates above are for a full coverage policy with $100,000 bodily injury liability per person, $300,000 bodily injury liability per accident and $100,000 property damage liability per accident.
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