The car, truck, or SUV you are insuring is a significant factor that determines whether or not you can buy the most affordable auto insurance for infrequent drivers. Vehicles with limited top-end speed, an excellent safety record, or a track record of few liability claims will cost significantly less to insure than high performance models.
The table below estimates auto insurance costs for a number of the cheaper automobiles to buy insurance for.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Ford Escape XLS 4WD | $1,354 |
| Hyundai Elantra GLS Touring Station Wagon | $1,480 |
| Honda Accord LX 4-Dr Sedan | $1,530 |
| Honda CR-V EX-L 4WD | $1,569 |
| Chevrolet Silverado LS Regular Cab 2WD | $1,603 |
| GMC Sierra SL Extended Cab 2WD | $1,606 |
| Chevrolet Equinox LT AWD | $1,612 |
| Volkswagen Jetta LE 4-Dr Sedan | $1,606 |
| Toyota Tacoma Double Cab 4WD | $1,614 |
| Toyota RAV4 Sport 4WD | $1,606 |
| Toyota Camry LE | $1,614 |
| Ford Explorer Limited 4WD | $1,637 |
| Toyota Prius | $1,645 |
| Ford Edge Sport 2WD | $1,692 |
| Ford F-150 XL Crew Cab 4WD | $1,695 |
| Start Your Quote Go | |
Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Price estimates do not factor in vehicle location which can increase or decrease coverage prices significantly.
Based upon the table data, we can expect models like the Ford Escape, Hyundai Elantra, Honda Accord, and Honda CR-V should be the most budget-friendly vehicles to insure for low mileage drivers.
Figuring out which companies have the lowest-priced car insurance rates for infrequent drivers involves a bit more effort than just picking a company at random. Each insurance company uses a different method to set premium rates, so let’s examine the most competitive car insurance companies in Ohio.
It’s important that readers know that Toledo car insurance rates are influenced by many factors which can substantially change your annual premium. Simply having another birthday, having a teen driver, or getting a ticket for careless driving may prompt premium changes that may make certain companies more affordable than others.
Find Cheaper Auto Insurance in Ohio
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Utica National | $654 |
| 2 | Erie | $667 |
| 3 | Frankenmuth | $680 |
| 4 | Allied | $690 |
| 5 | Travelers | $705 |
| 6 | USAA | $719 |
| 7 | Merchants Insurance Group | $755 |
| 8 | Cincinnati Insurance | $779 |
| 9 | Motorists Mutual | $816 |
| 10 | Grange Mutual | $828 |
| 11 | General Casualty | $829 |
| 12 | Central Mutual | $840 |
| 13 | Hastings Mutual | $893 |
| 14 | State Farm | $894 |
| 15 | Atlantic States | $931 |
| 16 | Westfield | $936 |
| 17 | Western Reserve | $961 |
| 18 | Progressive | $962 |
| 19 | Nationwide | $988 |
| 20 | Auto-Owners | $998 |
| Compare Rates Now Go | ||
Utica National quotes some of the lowest car insurance rates in Toledo at around $654 annually. This is $386 less than the average price paid by Ohio drivers of $1,040. Erie, Frankenmuth, Allied, and Travelers also qualify as some of the most economical Toledo, OH car insurance companies.
As illustrated above, if you have coverage with Frankenmuth and switched to Utica National, you could see a yearly savings of in the vicinity of $26. Ohio drivers with Allied could save as much as $36 a year, and Travelers insureds might reduce prices by as much as $51 a year.
Be aware that those premiums are averaged across all insureds and vehicles and and are not calculated with an exact location for infrequent drivers. So the auto insurance company that fits you best may not even be in the top 33 companies shown above. That point stresses why you need to quote rates from as many companies as possible using your own specific driver information and vehicle.
For low mileage drivers, one of the big factors that aid in calculating car insurance rates is where you call home in Toledo. Areas with more people or even just a higher incidence of claims likely pay more, whereas areas with less crime or weather claims receive better rates.
The table below sorts the highest-priced places in Ohio for infrequent drivers in which to purchase auto insurance. Toledo is ranked #3 with a yearly cost of $1,267 for the average policy, which is about $106 monthly.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | Youngstown | $1,273 |
| 2 | Cleveland | $1,272 |
| 3 | Toledo | $1,267 |
| 4 | Columbus | $1,199 |
| 5 | Cleveland Heights | $1,178 |
| 6 | Cincinnati | $1,174 |
| 7 | Akron | $1,169 |
| 8 | Dayton | $1,154 |
| 9 | Hamilton | $1,146 |
| 10 | Euclid | $1,140 |
| 11 | Canton | $1,102 |
| 12 | Fairfield | $1,085 |
| 13 | Springfield | $1,072 |
| 14 | Middletown | $1,066 |
| 15 | Newark | $1,063 |
| 16 | Kettering | $1,040 |
| 17 | Cuyahoga Falls | $1,037 |
| 18 | Parma | $1,037 |
| 19 | Lakewood | $1,031 |
| 20 | Strongsville | $1,031 |
| 21 | Beavercreek | $1,027 |
| 22 | Lorain | $1,005 |
| 23 | Mansfield | $1,002 |
| 24 | Elyria | $995 |
| 25 | Mentor | $988 |
| Find the Best Rates Go | ||
Table data uses approximated as the vehicle garaging location can modify prices significantly.
Discount Toledo auto insurance rates
Auto insurance companies that sell policies for infrequent drivers could also offer premium discounts that may potentially lower prices by as much as 40% or more if you are eligible to receive them. A few popular companies and their offered discounts are shown below.
- Mercury Insurance offers discounts including annual mileage, accident-free, anti-theft, good driver, type of vehicle, and location of vehicle.
- Farmers Insurance discounts include distant student, multi-car, alternative fuel, business and professional, homeowner, good student, and electronic funds transfer.
- Farm Bureau offers discounts for driver training, multi-vehicle, safe driver, renewal discount, good student, 55 and retired, and youthful driver.
- State Farm may offer discounts for Drive Safe & Save, multiple policy, good driver, accident-free, Steer Clear safe driver discount, student away at school, and defensive driving training.
- Allstate may have discounts that include new car, FullPay discount, safe driver, good payer, anti-theft, auto/life discount, and senior citizen.
- GEICO may include discounts for driver training, anti-theft, seat belt use, military active duty, federal employee, and five-year accident-free.
The chart below shows the difference between car insurance rates with and without discounts applied to the rates. The premiums assume a male driver, no violations or claims, Ohio state minimum liability limits, comprehensive and collision coverage, and $250 deductibles.
The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with multiple vehicle, safe-driver, marriage, homeowner, vehicle safety, and claim-free discounts applied. When these discounts are applied to the policy premium, theaverage amount saved on car insurance for infrequent drivers is 28% or $445.
Accidents and violations increase rates
The easiest method to get low car insurance prices in Toledo for low mileage drivers is to be a safe driver and avoid accidents and violations. The information below demonstrates how citations and accidents can affect insurance costs for each age group. The price estimates are based on a married female driver, comp and collision included, $250 deductibles, and no additional discounts are factored in.
In the previous chart, the average cost of a car insurance policy per year with no accidents or violations is $1,027. Factor in two speeding tickets and the average cost rises to $1,458, an increase of $431 each year. Now throw in two accidents along with the two speeding tickets and the yearly cost of car insurance for infrequent drivers jumps again to an average of $2,976. That’s an increase of $1,950, or $162 per month, just for not driving carefully!
The information below illustrates how choosing a deductible can change insurance prices when getting quotes for cheap insurance for infrequent drivers. The premiums assume a single male driver, full physical damage coverage, and no discounts are applied to the premium.
As shown above, a 50-year-old driver could cut expenses by $186 a year by changing from a $100 deductible up to a $500 deductible, or save $282 by choosing a $1,000 deductible. Even younger drivers, like the Age 20 category, could lower their rates $612 each year by choosing larger deductibles on their policy.
If you do make the decision to raise your deductibles, it will be important to have plenty of savings on hand to allow you to cover the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.
Tips for buying economical insurance for infrequent drivers
Below you’ll find some thrifty solutions that can help Toledo drivers get cheaper coverage.
- Assess whether full coverage is needed
- Improve your credit score
- Bundle home and auto and earn a discount
- Safer vehicles cost less to insure
- Drive attentively and avoid accidents
- Shop your coverage around for the best deal
The last item on the list is particularly vital, as was stressed in the prior information. Prices charged by auto insurers vary greatly, so drivers shouldn’t be resistant to switch carriers if you find a cheaper price.
Many drivers have brand loyalty and that’s fine, but it’s not a good idea if that loyalty results in overpaying big bucks every year. If you have a few minutes, now is a great time to compare rates to find cheaper car insurance for infrequent drivers in Toledo.
The agents shown below can most likely answer your questions and help you decide which car insurance company is the best fit, as some drivers aren’t sure which coverage they need and prefer to have some professional guidance when buying car insurance for infrequent drivers. It can be time-consuming to find the best rates on your own, so agents can bring satisfaction knowing your policy gives you sufficient coverage for your assets.
To locate a Toledo car insurance agency by location nearest to you, click the button at the bottom of the list.
- Allstate Insurance: Jennifer Soda Zielinski
2509 W Sylvania Ave Ste 12 – Toledo, OH 43613 – (419) 472-9690 - RBI Insurance and Financial Services
3421 N Holland Sylvania Rd – Toledo, OH 43615 – (419) 841-4446 - Allstate Insurance: Chuck Bodette
1310 W Sylvania Ave – Toledo, OH 43612 – (419) 478-2400