Who Has Affordable Auto Insurance Rates for Drivers Over Age 70 in Cleveland?

You have probably seen the commercials from auto insurance companies like GEICO, Allstate, and Progressive guaranteeing huge savings. So you should just pick the one with the best commercial, right?

It’s not that easy, however, as there are a whole bunch of unknown aspects like what liability limits you need, if you are a man or woman, the performance level of your vehicle, and if you own a home. This article delves into these things and will hopefully give the reader a good start in finding the cheapest insurance in Cleveland.

For older drivers, one of the big components that determine the annual cost of car insurance is your zip code. More densely populated places tend to pay slightly more, whereas areas with lower crime rates and fewer weather claims receive better rates.

The information below sorts the highest-priced places in Ohio for drivers over age 70 in which to purchase auto insurance. Cleveland ranks #4 having an annual price of $1,222 on average, which is around $102 per month.

How much does car insurance cost in Cleveland, OH?
Rank City Premium Per Year
1 Youngstown $1,273
2 Toledo $1,241
3 Columbus $1,235
4 Cleveland $1,222
5 Cleveland Heights $1,202
6 Cincinnati $1,186
7 Akron $1,169
8 Hamilton $1,146
9 Euclid $1,129
10 Dayton $1,108
11 Canton $1,091
12 Fairfield $1,085
13 Springfield $1,072
14 Newark $1,063
15 Beavercreek $1,047
16 Lakewood $1,041
17 Kettering $1,040
18 Middletown $1,035
19 Parma $1,027
20 Cuyahoga Falls $1,027
21 Strongsville $1,011
22 Mentor $1,008
23 Lorain $1,005
24 Mansfield $992
25 Elyria $975
Find the Best Rates Go

Price information shown is comparative as the specific Cleveland residence address can influence premiums substantially.

The make and model of vehicle that is being insured is probably the most important factor that determines if you can find economical insurance for drivers over age 70. Vehicles with high performance, poor passenger safety features, or high incidents of liability claims will cost more to insure than safer, lower-performance models. The next list outlines coverage premiums for a selection of the cheaper automobiles to insure in Ohio.

Cheapest Vehicles to Insure in Cleveland, OH
Make and Model Estimated Cost for Full Coverage
Honda Accord LX-P 4-Dr Sedan $1,420
Ford Escape XLS 2WD $1,430
Honda CR-V EX-L 4WD $1,445
Jeep Wrangler Sport 4WD 2-Dr $1,478
Volkswagen Jetta S 2.5 Station Wagon $1,534
Toyota Prius $1,556
Ford Edge SE 2WD $1,569
Ford F-150 XLT Regular Cab 4WD $1,594
Dodge Grand Caravan CV $1,602
Ford Focus SE 4-Dr Sedan $1,658
Toyota RAV4 Sport 4WD $1,683
Chevrolet Equinox LT AWD $1,690
Jeep Grand Cherokee Laredo 2WD $1,683
Chevrolet Silverado LS Regular Cab 2WD $1,696
Ford Explorer Eddie Bauer AWD $1,706
Toyota Tacoma Double Cab TRD Off-Road Package 4WD $1,712
Honda Civic EX 4-Dr Sedan $1,749
Chevrolet Impala LTZ $1,774
Toyota Camry SE $1,783
Hyundai Elantra GLS 4-Dr Sedan $1,774
Toyota Corolla XLE $1,783
Nissan Altima 2.5 S 4-Dr Sedan $1,774
Chevrolet Malibu LTZ $1,797
Start a Quote Go

Cost estimates assume single female driver age 70, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Rates do not factor in the specific area where the vehicle is garaged which can alter coverage prices considerably.

Based on these rates, you can presume that models like the Honda Accord, Ford Escape, Honda CR-V, Jeep Wrangler, and Volkswagen Jetta are most likely to be a few of the most economical vehicles to insure for older drivers. The price for an auto insurance policy will be more costly just due to the fact that there is more claim exposure for drivers over age 70, but in general those vehicles will have the least expensive rates available.

Rate increases following a ticket or accident

The best way to receive the best auto insurance prices in Cleveland for older drivers is to drive safely and avoid traffic citations and accidents. The illustration below demonstrates how speeding tickets and at-fault collisions can drive up insurance rates for each age group. The information is based on a married female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are factored in.

In the chart above, the average cost of a car insurance policy per year with no violations or accidents is $1,231. Add in one speeding ticket and the average cost jumps to $1,433, an increase of $202 each year. Next add one accident along with the one speeding ticket and the annual cost of auto insurance for drivers over age 70 jumps again to an average of $2,006. That’s an increase of $775, or $65 per month, just for not keeping your driving record clean!

Picking the best auto insurance provider can be rather challenging considering how many companies sell coverage in Ohio. The company information below can help you select which auto insurers you want to consider when comparing rate quotes. These rankings only include the largest auto insurers in America, so companies with more of a regional focus will not be included in this list.

Top 15 Auto Insurance Companies for Drivers Over Age 70 in Ohio
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 99 100 90 92% A++ 97.4
21st Century 89 86 100 88% A 92.7
GEICO 97 91 88 85% A++ 92.5
Nationwide 88 94 91 88% A+ 91.3
AAA Insurance 93 87 88 87% A 90.8
Liberty Mutual 91 91 92 87% A 90.7
Safeco Insurance 90 93 88 86% A 90.2
State Farm 91 94 80 88% A++ 90.2
Travelers 89 91 94 79% A++ 90.1
American Family 88 92 83 88% A 89.4
Titan Insurance 89 91 83 86% A+ 89.3
Allstate 90 90 84 85% A+ 89.1
Progressive 83 85 99 87% A+ 88.7
Erie Insurance 92 90 82 88% A+ 88.5
The Hartford 87 89 84 87% A+ 88
Compare Rates Now Go

Data Source: Insure.com Best Car Insurance Companies

Types of discounts on Cleveland car insurance

Discounts on auto insurance for drivers over age 70Insurers that offer coverage for drivers over age 70 could also offer special discounts that may potentially lower prices by as much as 30% if you meet specific eligibility requirements. A list of auto insurance companies and a selection of discounts are shown below.

The example below shows the difference between insurance costs with and without discounts applied to the policy premium. The information is based on a male driver, no violations or accidents, Ohio state minimum liability limits, full coverage, and $250 deductibles.

The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with accident-free, safe-driver, passive restraint, multiple policy, defensive driving course, and vehicle safety discounts applied. When these discounts are applied to the policy premium, theaverage amount saved on auto insurance for drivers over age 70 is 27% or $328.

The insurance agents in Cleveland listed below can probably aid you in deciding which coverage meets your needs best, since some people prefer to get some guidance when buying car insurance for older drivers. It can be challenging to find the best policy yourself, so agents can bring peace of mind knowing your policy gives you adequate protection in case of an accident or claim.

To locate a Cleveland insurance agent close to where you live, click the link after the list.

Find a Cleveland, OH insurance agent near you