The make and model of vehicle requiring coverage is probably the largest consideration that determines whether or not you find cheaper auto insurance for single moms. Vehicles with high performance features, poor passenger safety features, or a high likelihood of having liability claims will cost more to insure than more modest models. The table below shows insurance costs for the most cost-effective automobiles to buy coverage for.
|Insured Vehicle||Estimated Cost for Full Coverage|
|Ford Escape XLS 4WD||$1,480|
|Ford Edge SEL AWD||$1,500|
|Ford Focus SE 4-Dr Sedan||$1,508|
|Chevrolet Equinox LS 2WD||$1,531|
|Hyundai Elantra Blue 4-Dr Sedan||$1,581|
|Jeep Wrangler Unlimited Sport 4WD 4-Dr||$1,586|
|Volkswagen Jetta S 2.5 Station Wagon||$1,606|
|Chevrolet Impala LTZ||$1,612|
|Honda CR-V EX 4WD||$1,627|
|Ford Fusion Sport 4-Dr Sedan||$1,640|
|Honda Civic Hybrid 4-Dr Sedan||$1,649|
|Dodge Grand Caravan SE||$1,666|
|Chevrolet Silverado 3500HD LT Crew Cab 2WD||$1,668|
|Hyundai Sonata SE 4-Dr Sedan||$1,723|
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Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Ohio minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Table data does not factor in vehicle garaging location which can raise or lower coverage rates substantially.
By looking at the data, we can presume that cars like the Toyota Prius, Ford Escape, Ford Edge, Ford Focus, and Chevrolet Equinox should be a few of the most economical vehicles to insure for single parents.
For single parents, one of the big factors that are looked at to determine the price you pay for insurance is where you choose to live. Areas with more people or even just a higher incidence of claims tend to have higher rates, whereas areas with lower vehicle theft rates and fewer weather claims have the luxury of cheap car insurance rates.
The information below sorts the most expensive areas in Ohio for single moms in which to buy car insurance. Cleveland makes the list at #2 with an annual rate of $1,259 for the average policy, which is about $105 each month.
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Rates are approximated as zip code location can increase or decrease insurance rates significantly.
Trying to find cheap insurance is not the easiest thing to accomplish, and figuring out which insurers offer the cheapest car insurance rates for single moms involves additional perseverance.
Each auto insurer uses their own formula for setting prices, so let’s begin by examining the most competitive car insurance companies in Cleveland, OH.
Find the Cheapest Auto Insurance for Single Moms
|Rank||Company||Cost Per Year|
|7||Merchants Insurance Group||$755|
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Utica National normally has some of the most affordable car insurance rates in Cleveland at around $628 each year. Allied, Erie, Frankenmuth, and USAA also make the cut as some of the lowest-priced Cleveland, OH auto insurance companies.
As the rates illustrate above, if you are a policyholder with Frankenmuth and switched to Allied, you may realize a yearly savings of roughly $25. Customers with USAA might save as much as $43 a year, and Travelers policyholders might lower prices by $50 a year.
Be aware that those policy rates are averaged for all types of drivers and the different vehicles they drive and and are not figured with a vehicle location for single moms. So the car insurance company that can offer you the best price may not even be in the top 33 companies in the list above. That point stresses why you need to compare rates from as many companies as possible using your own personalized driver profile and vehicle information.
Choosing the top car insurance company is hard considering how many choices drivers have in Ohio. The ranking information shown next could help you choose which companies you want to consider when trying find the best insurance for single moms.
These rankings are only comprised of the companies with a significant amount of written premium nationwide, so smaller companies are not factored into the list. To view rates from these companies and more, click this link.
Top 10 Large Car Insurance Companies in Cleveland Ranked by A.M. Best Rating
- USAA – A++
- GEICO – A++
- Travelers – A++
- State Farm – A++
- Allstate – A+
- Progressive – A+
- Erie Insurance – A+
- The Hartford – A+
- Nationwide – A+
- Esurance – A+
Cautious drivers save money
The easiest way to get the cheapest car insurance premiums in Cleveland for single parents is to drive cautiously and not have accidents or get tickets. The illustration below illustrates how violations and at-fault claims can drive up car insurance rates for different ages of insureds. The price estimates are based on a single female driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied.
In the chart above, the average cost of auto insurance in Ohio per year with no violations or accidents is $992. Factor in one speeding ticket and the average cost rises to $1,125, an increase of $133 each year. Then add in two accidents along with the one speeding ticket and the 12-month cost of car insurance for single moms increases to an average of $2,329. That’s an increase of $1,337, or $111 per month, just for a couple of infractions!
The benefit of shopping around
Cleveland car insurance rates are calculated based on many things that may substantially change the price of your policy. Improving your credit score, increasing deductibles, or getting a driving violation can produce rate changes that may make certain companies more affordable than the competition.
Not only that, but car insurance companies file new rates every year as an adjustment for underwriting gains or losses. Higher than normal claims may result in higher rates, while lower claims can produce lower-cost Cleveland car insurance rates.
For instance, the chart below shows the companies that have the cheapest car insurance in Cleveland, OH for a 30-year-old male driver with no violations or accidents, and good credit. If we estimate rates based on his current risk factors, Utica National offers the most affordable car insurance rates in Cleveland at $819 annually. This is $221 less than the average price paid by Ohio drivers of $1,040. Erie, Frankenmuth, Allied, and Travelers also make the list of the top five cheapest Cleveland, OH auto insurance companies.
Now we will give the driver from the first rate comparison a claim surcharge, a lower credit score, and a speeding ticket. Because each company uses a different method for setting prices, analyzing rate quotes could now result in a different ranking of the cheapest car insurance companies in Cleveland as shown below.
Merchants Insurance Group now has the best car insurance rate in Cleveland with Cincinnati Insurance, General Casualty, Motorists Mutual, and Grange Mutual also being competitive. This example proves why drivers need to take the time to shop around when trying to find the most economical auto insurance rates for single moms. Prices are made up of many different factors and can change without notice, so the best option the last time you shopped your coverage around may now not even be in the top five.
If you have coverage questions and would like to get some professional input when trying to find lower insurance rates for single parents, the agencies below can help you determine which auto insurance coverages would be the best in your situation.
To locate a Cleveland insurance agent using an interactive map, click the button after the list.
- Allstate Insurance: Teresa C. Paez
15105 Puritas Ave – Cleveland, OH 44135 – (216) 362-6526
- Garrett C Estes – State Farm Insurance Agent
4219 W 210th St – Fairview Park, OH 44126 – (440) 331-3111
- Dick McClement – State Farm Insurance Agent
2700 W 25th St – Cleveland, OH 44113 – (216) 621-3723
How to find more affordable insurance for single moms
The list below shows some of the recommended penny-pinching solutions that can help drivers find lower-cost car insurance.
- Good credit scores may make rates cheaper
- Be a safe driver
- Having at-fault accidents will increase rates
- Higher physical damage deductibles lower rates
- On older vehicles, drop full coverage
- Buy vehicles with five-star safety ratings
- Compare rate quotes frequently
That last tip is especially necessary, as we stressed in this article. Prices charged by companies in Cleveland can change considerably based on profitability, so you should be ready to change insurance companies if a more affordable price is available.
Brand loyalty is great, but it’s not a great idea if it’s costing you money that could be spent on other things. Take a couple minutes and compare rates to find cheaper car insurance for single moms.