Best Cheap Auto Insurance in Toledo, Ohio (2024)

Situated on Lake Erie, Toledo has a lot to offer residents and visitors. Not only is the scenery lovely, but you can also enjoy zoos, art museums, and casinos, or take in a ball game at Fifth Third Field.

Drivers in Toledo pay around $86 per month on average for liability insurance, while full coverage costs $194. Policies in Toledo are slightly higher than what you might see in other Ohio cities, though still fairly affordable compared to national averages. Ohio ranks among the top 10 states for cheapest auto coverage in the U.S.

If you’re planning a move to Toledo and own a car, or you’re already a resident and simply need new coverage, here’s how to find a cheap insurance policy that meets your needs.

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Best car insurance companies in Toledo

While State Farm offers some of the cheapest coverage overall for Toledo drivers, the right auto insurance company for you depends on your individual needs. Your driving record, credit score, age, and more affect your cost of coverage.

As you begin your search, the three insurers listed below are worth a look.

Best insurer for affordability: State Farm

Best insurer for low-mileage drivers: Mile Auto

Best insurer for on-demand coverage: Hugo

How to get the cheapest car insurance in Toledo

Auto insurance companies look at many factors when determining your insurance premiums, including your age, driving history, credit score, and more. Some of these factors are outside your control, but you can do several things to get the most affordable coverage possible, including:

• Compare auto insurance. Shopping around for car insurance coverage is essential for finding an affordable policy. Consider using an insurance-comparison site to make the process easier.

• Ask about discounts. Discounts vary based on the insurer, so ask about available discounts as you shop for car insurance.

• Obey the rules of the road. Driving incidents increase your insurance costs, so following the rules of the road is one of the best ways to keep your coverage affordable.

• Choose a higher deductible. In some cases, you could request a higher deductible from your insurance company in exchange for lower monthly premiums.^[1] But if you go down this path, make sure you don’t select a deductible so high you can’t afford to pay it should you need to file a claim.

Cheapest liability-only car insurance in Toledo: Mile Auto

Liability car insurance protects you financially in an accident if you’re at fault and injure another driver or their passengers or cause damage to their vehicle. It can also cover property damage you cause while driving. For instance, if you back into your neighbor’s fence, your liability insurance would likely kick in.

However, liability insurance doesn’t cover damage to your vehicle or your medical expenses. As such, liability coverage is often the most inexpensive on the market.

Mile Auto offers the cheapest liability-only insurance in Toledo for $48 per month. Here are some more of the cheapest options for liability insurance.

Cheapest full-coverage car insurance in Toledo: Mile Auto

Full-coverage car insurance provides additional protection. Full coverage typically includes liability insurance, collision insurance, and comprehensive insurance. Collision insurance covers damage to your car no matter which driver is at fault in an accident, while comprehensive insurance compensates you for damage to your car due to an event outside your control, like theft, burglary, fire, or severe weather.

In Toldeo Mile Auto offers the cheapest full-coverage rates at $72 per month.

Below are the most affordable full-coverage policies in Toledo.

Car insurance requirements in Ohio

Ohio is an at-fault state, or tort, state, meaning that the driver responsible for a motor vehicle accident is required to cover the cost of damages and injuries as a result of that accident. All Ohio drivers are required to carry at least the following minimum car insurance coverage to help protect themselves and others:

If you want more financial protection, you can always add coverage that exceeds the state minimum requirements. To further augment your coverage, you may want to consider:

• 

  Collision insurance

  If your car incurs damage in an accident, collision coverage can pay for repairs.

• 

  Comprehensive insurance

  If an event outside of your control damages your vehicle, comprehensive insurance can compensate you.

• 

  Uninsured/underinsured motorist insurance

  This coverage protects you if you’re in an accident with someone who doesn’t have adequate car insurance coverage.

Cheapest car insurance for drivers with an incident

If you have an incident on your record, such as a speeding ticket, at-fault accident, driving under the influence offense, or other moving violations, you’ll likely pay higher monthly premiums. Your insurance company may view you as a higher risk to insure if your driving record isn’t clean, so your insurance may be more expensive.

In the sections that follow, you’ll see how different incident types affect your car insurance rates.

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Cheapest car insurance for drivers with a speeding ticket: State Farm

Past speeding tickets may qualify you as a high-risk driver in the eyes of your insurance company, so following posted speed limits is essential for keeping your insurance rates manageable.

Toledo drivers with a speeding ticket pay a monthly average of $127 for a liability-only policy. Here’s a look at some of the cheapest insurers in Toledo for drivers with a speeding ticket.

Cheapest car insurance for drivers with an at-fault accident: State Farm

Accidents can happen even if you’re being safe on the road. But if you’re found responsible for an accident, you’ll likely pay higher insurance rates going forward. Insurance companies often view at-fault accidents as red flags in your driving history, and your auto insurance costs can increase if you have one or more at-fault accidents.

If you have an at-fault accident on your record, you might pay $130 per month for a minimum-coverage policy. But, you can find the cheapest coverage from State Farm at $66 per month.

Here are some of the cheapest coverage options for Toledo drivers with an at-fault accident.

Cheapest car insurance for drivers with a DUI: Hugo

If you’re convicted of driving under the influence (DUI), your auto insurance company will likely increase your rates as well. Some insurers may deny you coverage altogether because they’ll see you as a high-risk driver.

Monthly liability-insurance rates could climb to $147 if you live in Toledo and have a DUI on your record, but you can still find affordable coverage from Hugo for $76 per month.

Here are some of the cheapest insurance options for Toledo drivers with a DUI.

Cheapest car insurance for seniors: Mile Auto

Car insurance rates are generally the most affordable for drivers between the ages of 35 and 70. If you’re a senior in Toledo younger than 70 with a clean record, your insurance rates will likely be quite affordable. But as you age, those rates begin to climb. This is because insurers see seniors older than 70 as a greater risk to insure, due to decreased cognitive abilities and the increased likelihood of severe injury in an accident.

Senior drivers in Toledo pay an average of $56 per month for liability-only coverage. Below, you can see average monthly quotes from several Toledo insurers.

Cheapest car insurance for teens: State Farm

Unfortunately, car insurance for young adults isn’t as affordable as it is for their middle-aged counterparts. In particular, insurance companies view teens as a high risk to insure because they don’t have past driving experience.

But you can take certain steps to help keep your insurance costs low if you’re a teen driver in Toledo. For example, you might opt to stay on your parents’ insurance as opposed to getting your own policy, or you could choose a safe vehicle or an insurer that offers good student discounts.

Teen drivers in Toledo pay $150 per month for liability-only car insurance, on average. Here’s what to expect in terms of insurance costs if you’re a teen driver shopping for coverage in Toledo.

Toledo car insurance quotes by credit tier

Insurance companies are allowed to consider your credit history when determining your monthly premiums in Ohio. Your rates will generally be lower if you have an excellent or good credit history than they would be with a poor credit history.

Here’s how your credit may affect your overall car insurance quotes in Toledo.

Is car insurance more expensive in Toledo?

Car insurance isn’t more expensive in Toledo compared to the rest of the country. Ohio ranks among the top 10 cheapest states for auto insurance. And while drivers in Toledo pay more for car insurance than drivers in other Ohio cities, auto coverage is still affordable compared to the national average.

Drivers in Toledo pay $194 per month for full-coverage auto insurance compared to the national full-coverage average of $214.

More cities in Ohio

If you move from another Ohio city to Toledo, you can expect your insurance costs to go up. Here’s a look at how the average car insurance quote in Toledo compares with other Ohio cities.

Toledo car insurance FAQs