Who Has Cheap Car Insurance Quotes for Used Cars in Columbus?

I’m sure you’ve seen the catchy advertisements from insurers like GEICO, The General, and Farmers that promise the cheapest price, so you just need to pick one at random, right?

Unfortunately, it’s just not that easy, as there are a ton of unknown factors like what coverage limits you want, your financial stability, and if you own or rent your home, that all influence how much you pay for auto insurance. In this article, we will teach you about these topics and hopefully give you enough understanding to have a good start in finding the cheapest car insurance in Ohio.

Finding reliable, reasonably-priced car insurance is not the easiest thing to do, and deciding which company quotes the cheapest car insurance rates for used cars will take even more work. Every auto insurer has a different formula to establish rates, so let’s rank the car insurance companies with the most affordable rates in Columbus, OH.

It’s important to know that Columbus car insurance rates are impacted by many factors that can increase the price you pay. Improving your credit score, buying another vehicle, or getting a ticket for running a stop sign can cause premium changes that may make certain companies more affordable than the competition.

Best Cheap Insurance Rates for Used Cars

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Who has the cheapest car insurance in Ohio?
Rank Company Cost Per Year
1 Utica National $654
2 Erie $661
3 Allied $697
4 Frankenmuth $708
5 Travelers $726
6 USAA $733
7 Merchants Insurance Group $771
8 Cincinnati Insurance $772
9 Motorists Mutual $824
10 General Casualty $829
11 Grange Mutual $836
12 Central Mutual $874
13 Hastings Mutual $884
14 State Farm $894
15 Atlantic States $904
16 Western Reserve $941
17 Westfield $946
18 Progressive $953
19 Auto-Owners $988
20 Farmers $1,025
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Utica National offers some of the cheapest car insurance rates in Columbus at around $654 each year. Erie, Allied, Frankenmuth, and Travelers also are some of the lowest-priced Columbus, OH car insurance companies.

In this example, if you have coverage with Travelers and switched to Erie, you could see an annual savings of around $65. Customers with USAA might save as much as $72 a year, and Merchants Insurance Group insureds might reduce rates by $110 a year.

These estimates are averages across all drivers and vehicles and do not factor in an exact zip code location for used cars. So the auto insurance company that can offer the best rates for your situation may not even be in the list above. That underscores the importance of why you need to quote rates from many companies using your own individual information.

The type of vehicle on the policy is one of the largest considerations when comparing quotes for the lowest-priced car insurance for used cars. Vehicles with reasonable performance levels, good crash test ratings, or a positive history of liability claims will cost substantially less to insure than high performance models.

The next list estimates insurance costs for the most budget-friendly automobiles to buy coverage for.

Cheapest Vehicles to Insure in Columbus, OH
Vehicle Insured Estimated Cost for Full Coverage
Honda CR-V EX-L 4WD $1,286
Ford Escape XLS 4WD $1,374
Jeep Wrangler Sport 4WD 2-Dr $1,414
Honda Accord EX 4-Dr Sedan $1,417
Hyundai Elantra GLS Touring Station Wagon $1,425
Honda Odyssey EX W/Rear Entertainment $1,455
Ford Edge SE AWD $1,460
Jeep Grand Cherokee Laredo 4WD $1,485
Chevrolet Malibu Hybrid $1,493
Ford Explorer Limited 2WD $1,513
Ford F-150 FX4 Super Cab 4WD $1,521
Toyota Prius $1,528
GMC Sierra 2500HD SLE Regular Cab 4WD $1,594
Nissan Rogue S 2WD $1,600
Volkswagen Jetta SEL 4-Dr Sedan $1,594
Toyota RAV4 Sport 4WD $1,626
Chevrolet Impala LT $1,632
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Premium data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Rates do not factor in specific location which can influence rates noticeably.

Based upon these rates, makes and models like the Honda CR-V, Ford Escape, Jeep Wrangler, and Honda Accord should be a few of the most budget-friendly vehicles to insure for pre-owned vehicles.

Types of discounts on Columbus insurance

Car insurance for pre-owned vehicles in Columbus, OHInsurers that offer coverage for used cars may also give you special discounts that could reduce prices by 35% or more if you are eligible for them. A few of the larger companies and their possible discounts are:

The diagram below shows the difference between insurance rates with and without discounts. The rates are based on a female driver, no tickets, no at-fault accidents, Ohio state minimum liability limits, comp and collision included, and $500 deductibles.

The first bar for each age group shows the average rate with no discounts. The lower bar shows the rates with homeowner, anti-theft, claim-free, accident-free, multiple policy, and vehicle safety discounts applied. When taking advantage of discounts, theamount saved on car insurance for used cars is 27% or $282.

The diagram below demonstrates how choosing different deductibles can increase or decrease insurance costs when searching for cheap insurance for used cars. The rate quotes are based on a single female driver, full physical damage coverage, and no discounts are applied to the premium.

A 40-year-old driver could lower their car insurance rates by $178 a year by switching from a $100 deductible up to a $500 deductible, or save $272 by using a $1,000 deductible. Even younger drivers, such as the 20-year-old example, can cut $456 or more just by choosing larger deductibles. When choosing a higher deductible, it is necessary to have plenty of discretionary funds to satisfy the extra out-of-pocket expense, which is the one shortcoming of high deductibles.

Ohio car insurance companies ranked

Buying coverage from a high-quality car insurance company can be a challenge considering how many different companies there are to choose from in Columbus. The information shown next could help you analyze which car insurance companies you want to consider when trying to find cheaper insurance for used cars. These rankings only include companies that insure vehicles across America, so companies that only write business in Ohio or surrounding areas will not be included in these rankings.

Top 10 Major Auto Insurance Companies in Columbus Ranked by Customer Service

  1. Nationwide
  2. State Farm
  3. Safeco Insurance
  4. American Family
  5. Titan Insurance
  6. Travelers
  7. Liberty Mutual
  8. GEICO
  9. Erie Insurance
  10. Allstate

Top 10 Major Auto Insurance Companies Overall in Columbus

  1. USAA
  2. 21st Century
  3. GEICO
  4. Nationwide
  5. AAA Insurance
  6. Liberty Mutual
  7. Safeco Insurance
  8. State Farm
  9. Travelers
  10. American Family

Low rates can quickly become overpriced

Columbus car insurance rates are influenced by many factors which can substantially change the price you pay. Simply having a birthday, having a teenage driver, or getting into an accident can produce rate changes that can cause some rates to be more affordable than competitors. Additionally, insurers file new Ohio car insurance rates as needed to reflect underwriting profits or losses. Significantly higher claims can cause increased policy costs, while profitable underwriting may result in lower-priced Columbus car insurance rates.

To help illustrate this point, the graph below demonstrates which company has the cheapest car insurance in Columbus, OH for a 40-year-old female driver with a clean driving record, no accidents, and a good credit history. Based on her current situation, Utica National quotes the most affordable car insurance rates in Columbus at $793 annually. This is $247 less than the average rate paid by Ohio drivers of $1,040. Erie, Allied, Travelers, and Frankenmuth are the remainder of the best Columbus, OH auto insurance companies.

In this next rate comparison, we will give the driver in the first example some claims, poor credit, and a speeding ticket. Since every insurance provider uses their own formula to determining premium rates, analyzing rates most likely will result in a different set of affordable companies as shown below.

Cincinnati Insurance now has the cheapest rate in Columbus with Merchants Insurance Group, General Casualty, Motorists Mutual, and Grange Mutual now rounding out the top five. This example demonstrates why it is crucial to spend some time comparing rates to find the cheapest insurance rates for used cars. Car insurance prices are influenced by many different factors and change substantially, so the cheapest option the last time you shopped your coverage around may now be wasting a lot of money.

If you would rather have a professional recommendation when shopping for cheaper insurance for used cars, the agents listed below can help you make a decision which auto insurance policy fits you best.

To locate a Columbus car insurance agency close to you, click the link at the bottom or click here to compare price quotes.

More insurance agents in Columbus, OH