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.
| 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.
| 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.
| 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
Insurers 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.
- State Farm discounts include student away at school, safe vehicle, Drive Safe & Save, multiple policy, accident-free, and defensive driving training.
- GEICO policyholders can earn discounts including five-year accident-free, multi-policy, anti-theft, defensive driver, and federal employee.
- SAFECO may include discounts for accident prevention training, anti-lock brakes, bundle discounts, multi-car, and homeowner.
- Farmers Insurance offers discounts for alternative fuel, mature driver, homeowner, business and professional, and youthful driver.
- AAA offers discounts including anti-theft, education and occupation, good driver, multi-policy, multi-car, and pay-in-full.
- USAA has discounts for annual mileage, driver training, safe driver, good student, vehicle storage, and military installation.
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.
- Machor Sage Insurance Agency
7379 Pearl Rd # 5 – Cleveland, OH 44130 – (440) 826-0404 - Dick McClement – State Farm Insurance Agent
2700 W 25th St – Cleveland, OH 44113 – (216) 621-3723 - Allstate Insurance: Nanci Cieckiewicz
4719 State Rd – Cleveland, OH 44109 – (216) 739-0990 - Washington and Co Insurance Agency Inc
10535 St Clair Ave – Cleveland, OH 44108 – (216) 761-1500 - Valerie A Anderson – State Farm Insurance Agent
2291 Lee Rd – Cleveland Heights, OH 44118 – (216) 932-0100