How Much Does Auto Insurance Cost in Toledo?
On average, premiums in Ohio are $558 less than the national average. While premiums in the city are also relatively low, understanding premium costs while insuring a vehicle in Toledo is still crucial. Let's compare car insurance costs in Toledo versus premiums across the nation.
INSURANCE PRICES: TOLEDO VS. US/STATE AVERAGES
|City Average||State Average||National Average|
Toledo Auto Insurance for Drivers With At-Fault Accidents or Violations
Knowing which driving mishaps can inflate your insurance premiums will help you make better decisions and save money. An at-fault accident with greater than $2000 of damages will increase your car insurance premiums more than other driving violations. The severity of an accident affects insurance rates. Compared to at-fault accidents with damages less than $1,000, accidents with damages exceeding $2,000 cost you an additional $137 per year in premiums. Generally, a DUI in Toledo will cost you 57% more in car insurance premiums versus the city average of $1,215. Reckless driving will push your premiums up as well, with typical rates of $2,068. That is 70% higher than the city average!
AVERAGE TOLEDO INSURANCE RATES AFTER A VIOLATION OR ACCIDENT
|Violation/Incident||Average Annual Premium|
|At-fault Accident (damages less than $1,000)||$2,149|
|At-fault Accident (damages greater than $2,000)||$2,287|
|Speeding Ticket (16-20 mph over speed limit)||$1,455|
Toledo Auto Insurance by Gender and Marital Status
In Toledo, many driver attributes, including gender and marital status, can play a role in car insurance premiums. Rates for those who are widowed are slightly cheaper than rates for those who are single. Being single can cost you roughly $50 more per year compared to being married. Premiums for men and women tend to deviate marginally, with men paying less.
TOLEDO CAR INSURANCE PREMIUMS BY GENDER AND MARITAL STATUS
|Marital Status/Gender||Average Rate|
Toledo Car Insurance by Credit Score
For those with Very Poor credit (300-579), as opposed to Exceptional credit (800-850), car insurance premiums nearly triple. Moving from Very Poor (300-579) to Fair (580-669) hands over the largest percent drop in premiums to drivers, as they save around 39% per year.
TOLEDO AUTO INSURANCE RATES BY CREDIT TIER
|Credit Quality||Average Auto Insurance Rate|
Toledo Auto Insurance Rates by Age
Teenage drivers are the ones who pay the most in car insurance premiums, with typical rates of $4,711. In Toledo, when drivers reach their 20s, therefore moving out of the teenage age range, they pay 62% less in premiums, which is the largest gap you'll see between any age group. Car insurance premiums for drivers in Toledo continue to fall through their 50s, but they can expect an increase when they turn 60. When looking across all age groups, drivers in their 50s have the smallest car insurance rates. Their rates generally average $1,063 per year.
TOLEDO AUTO INSURANCE COSTS BY AGE
What drives up car insurance rates in Toledo?
Where you live in Toledo affects your car insurance rates. Besides your driving history and credit score, where you live is one of the biggest contributing factors to the car insurance rates you'll pay. The reason? Crime, theft and uninsured motorists vary by zip code. So if you find yourself in a neighborhood that doesn’t play well with others, car insurance companies may consider you a high risk to insure, meaning: your rates could be higher than those of a pal who lives just around the block. And, unfortunately Toledo is no exception to the rule. From zip code 43617 to 43608, premiums rise by 6 percent—that’s $68.
Expensive Toledo Zip Codes: 43613, 43609, 43610, 43607, 43608
Cheap Toledo Zip Codes: 43617, 43537, 43615, 43614, 43623
Toledo Driving Conditions
Inclement weather goes hand in hand with wet brakes, slick roads & decreased visibility.
And that's not the worst of it. Each year there are more than 700,000 weather-related car accidents. In Toledo, you can expect 133 rainy days with an annual rainfall of 33 inches. Toledo is also known to experience severe winter storms. You can check on the condition of the roads anytime here.
Rainy Days a Year
Avg. Annual Rainfall
Avg. Annual Snowfall
Find Local Toledo Agents
Martin & Martin Agency Inc.
1226 Nevada St Toledo, OH 43605
House of Insurance Agency, Inc.
5801 Telegraph Rd Side Toledo, OH 43612
Burnor Insurance Agency
316 N Michigan St Ste 700 Toledo, OH 43604
811 Madison Ave Toledo, OH 43604
Stoner Johnson Ins Agcy Inc
2330 Airport Hwy Toledo, OH 43609
Knight Insurance Group
22 N Erie Street Toledo, OH 43604
Brooks Insurance Agency, Inc.
1120 Madison Ave Toledo, OH 43604
Martin-Lark Insurance Agency Inc.
PO Box 8068 Toledo, OH 43605
Stapleton Insurance & Risk Management
7250 Crossleigh Ct Toledo, OH 43617
Westgate Insurance Agency, Inc.
3450 W Central Ave Ste 344 Toledo, OH 43606
A1 Auto Insurance
520 Madison #4 Toledo, OH 43604
The average Toledo resident's annual cost of coverage
Our customer's average savings after comparing insurance
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