One of the more important criteria that determine the amount you pay for auto insurance is your address. Regions with larger populations or more claims tend to have more expensive auto insurance rates, whereas areas with fewer weather claims and lower vehicle theft rates have the benefit of cheaper car insurance.
The illustration below lists the most expensive areas in Ohio with multiple speeding tickets to buy auto insurance in. Cleveland makes the list at #2 with an annual cost of $1,259 for the average insured, which is about $105 each month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Youngstown | $1,285 |
| 2 | Cleveland | $1,259 |
| 3 | Toledo | $1,241 |
| 4 | Cincinnati | $1,222 |
| 5 | Columbus | $1,211 |
| 6 | Cleveland Heights | $1,178 |
| 7 | Euclid | $1,175 |
| 8 | Akron | $1,157 |
| 9 | Dayton | $1,154 |
| 10 | Hamilton | $1,113 |
| 11 | Fairfield | $1,095 |
| 12 | Lakewood | $1,063 |
| 13 | Newark | $1,063 |
| 14 | Springfield | $1,061 |
| 15 | Canton | $1,058 |
| 16 | Parma | $1,037 |
| 17 | Middletown | $1,035 |
| 18 | Mansfield | $1,032 |
| 19 | Cuyahoga Falls | $1,027 |
| 20 | Kettering | $1,020 |
| Quote Best Rates Go | ||
Rate quotes are comparative as specific location information can influence auto insurance rates significantly.
Trying to buy cheap car insurance is confusing at best, and figuring out which company quotes the cheapest auto insurance rates with multiple speeding tickets will take additional perseverance. Every insurance company has their own formula for establishing rates, so let’s rank the auto insurance companies with the overall cheapest rates in Cleveland.
It’s important that you understand Ohio auto insurance rates are based on many factors which can substantially change the price you have to pay for coverage. Price variation is why it is important to shop around with many companies to get the cheapest car insurance rates with multiple speeding tickets. Insurance rates can be altered by many risk factors and can decrease or increase without notice, so the most affordable company the last time you compared rates may now be wasting a lot of money.
Find the Cheapest Car Insurance with License Points
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Utica National | $635 |
| 2 | Allied | $676 |
| 3 | Frankenmuth | $680 |
| 4 | Erie | $687 |
| 5 | USAA | $711 |
| 6 | Travelers | $733 |
| 7 | Cincinnati Insurance | $749 |
| 8 | Merchants Insurance Group | $755 |
| 9 | General Casualty | $805 |
| 10 | Grange Mutual | $812 |
| 11 | Motorists Mutual | $816 |
| 12 | Central Mutual | $874 |
| 13 | Hastings Mutual | $884 |
| 14 | State Farm | $885 |
| 15 | Westfield | $918 |
| 16 | Western Reserve | $932 |
| 17 | Atlantic States | $940 |
| 18 | Progressive | $982 |
| 19 | Auto-Owners | $998 |
| 20 | Farmers | $1,005 |
| Find Cheaper Rates Go | ||
Utica National quotes some of the best car insurance rates in Cleveland at around $635 a year. Allied, Frankenmuth, Erie, and USAA would also be considered some of the cheaper Cleveland, OH car insurance companies.
As the example above demonstrates, if you currently buy coverage from Erie and switched to Utica National, you may realize a yearly savings of in the neighborhood of $52. Policyholders with USAA could save as much as $76 a year, and Travelers policyholders might lower prices by up to $98 a year.
It’s important to note that these rates are averages for all ages of drivers and types of vehicles and do not take into consideration an exact vehicle garaging location with multiple speeding tickets. So the company that can offer you the best rate may not even be in the top 33 companies in the list above. That points out the importance of why you need to compare prices as often as possible using your own driver data and vehicle information.
The make and model of vehicle requiring insurance is one of the biggest factors when consumers are trying to find low-priced car insurance with multiple speeding tickets. Vehicles with lower performance, modern passenger safety features, or a track record of few liability claims will cost significantly less to insure than higher performance models. The next table illustrates coverage costs for a number of the most cost-effective automobiles to insure in Ohio.
| Vehicle Insured | Estimated Cost for Full Coverage |
|---|---|
| Honda Accord EX 4-Dr Sedan | $1,838 |
| Ford Escape XLS 2WD | $1,844 |
| Ford Explorer Eddie Bauer 2WD | $1,925 |
| Honda CR-V EX-L 2WD | $1,927 |
| Volkswagen Jetta LE 4-Dr Sedan | $2,039 |
| Toyota Prius | $2,044 |
| Dodge Grand Caravan CV | $2,054 |
| Ford F-150 XL Regular Cab 4WD | $2,064 |
| Honda Civic EX 4-Dr Sedan | $2,116 |
| Ford Edge Limited AWD | $2,153 |
| Toyota Corolla LE | $2,161 |
| Toyota RAV4 Sport 4WD | $2,175 |
| Hyundai Sonata GLS 4-Dr Sedan | $2,180 |
| Toyota Tacoma Double Cab 4WD | $2,217 |
| Chevrolet Equinox LS AWD | $2,225 |
| Get a Custom Quote Go | |
Data rating is based on single male driver age 50, two speeding tickets, no at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, and multi-vehicle. Rate information does not factor in specific location information which can increase or decrease prices substantially.
Looking at the rates, we can assume that vehicles like the Honda Accord, Ford Escape, Ford Explorer, and Honda CR-V are going to be some of the most economical vehicles to insure after a few driving violations.
Impact of speeding/accidents on auto insurance rates
The common sense way to earn affordable auto insurance premiums after a few driving violations is to be an attentive driver and avoid tickets and accidents. The example below highlights how speeding tickets and fender-benders can affect auto insurance rates for different categories of driver ages. The data assumes a single male driver, comp and collision included, $500 deductibles, and no other discounts are factored in.
The chart shows that the average cost of auto insurance per year with no accidents and a clean driving record is $1,436. Add in one speeding ticket and the average cost hikes up to $1,620, an increase of $184 each year. Now throw in two accidents along with the one speeding ticket and the yearly cost of auto insurance with multiple speeding tickets goes up to an average of $3,269. That’s an increase of $1,833, or $153 per month, just for not driving carefully!
Full coverage versus liability only rates
Finding the cheapest auto insurance should be important to most vehicle owners, and a great way to reduce the cost of insurance with multiple speeding tickets is to not pay for full coverage. The illustration below shows the comparison of car insurance rates when comparing full coverage to liability only. The information is based on no accidents, no driving violations, $1,000 deductibles, drivers are single, and no discounts are taken into consideration.
If averaged for all ages, physical damage coverage on your policy costs an extra $1,297 per year over having just liability coverage. That may make you wonder when is the right time to remove full coverage. There isn’t a written rule to drop comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of your full coverage insurance is about 10% or more of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.
Get discount Cleveland insurance rates
Insurers that sell policies with multiple speeding tickets could also offer rate discounts that can lower rates by as much as 35% or more if you meet specific criteria. A few of the larger companies and the discounts they provide can be read below.
- Farmers Insurance discounts include electronic funds transfer, homeowner, pay in full, business and professional, distant student, mature driver, and bundle discounts.
- Esurance policyholders can earn discounts including online quote, renters, good driver, paid-in-full, DriveSense, and anti-lock brakes.
- State Farm offers discounts for driver’s education, Drive Safe & Save, passive restraint, good driver, student away at school, and multiple autos.
- GEICO may include discounts for good student, anti-theft, membership and employees, military active duty, emergency military deployment, air bags, and daytime running lights.
- Allstate offers discounts including resident student, multi-policy, premier discount, eSmart discount, senior citizen, FullPay discount, and anti-theft.
The information below shows the comparison of premium costs with and without discounts applied to the rates. The data is based on a female driver, one violation and no at-fault accidents, Ohio state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with paperless filing, marriage, paid-in-full, homeowner, vehicle safety, and anti-theft discounts applied. When these discounts are applied to the policy premium, the average savings per year on auto insurance with multiple speeding tickets is 27% or $355.