Ohio insurance costs deemed affordable, for the most part

Ohio insurance auto premiums

An industry trade association has stated that auto and homeowners coverage can be afforded by most people. According to the latest data that has been released from an Ohio insurance industry trade association, auto and homeowners premiums are low enough that they can be afforded by the majority of the people living within the state. In fact, the rates within this state are notably lower than the average in the rest of the country. A report was issued by the Ohio Insurance Institute (OII) which has said that this state…

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Auto insurance premiums skyrocket after a claim

Ohio insurance auto premiums

Ohio drivers only need to make one claim to watch the amount that they pay rise by 35 percent. According to the results of a recent report, after filing only one claim on a policy, a driver in Ohio can expect to see his or her auto insurance premiums jump by an average of 35 percent. This increase in the monthly bill is the 16th highest that was measured among the states. The auto insurance premiums report was issued by Bankrate.com, the parent of InsuranceQuotes.com, which conducted it in the…

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