Best answer: Is car insurance cheaper in Ohio or Kentucky?

Is car insurance cheaper in Ohio?

Auto insurance is typically inexpensive in Ohio. The average auto insurance price in Ohio is $1,037 per year — 27.3% less than the national average.

OHIO AUTO INSURANCE COSTS BY COVERAGE.

Coverage Level Average Yearly Rate
State Minimum — Liability Only $429
State Minimum — $1,000 Comprehensive/Collision $848

Why is car insurance so expensive in Kentucky?

Car insurance in Kentucky is expensive because the state has higher than average traffic fatalities, with 1.36 deaths per 100 million miles driven (compared to the national average of 1.1). … As the cost of providing insurance goes up, the premiums insurers charge also rise.

How much is car insurance per month in Kentucky?

Car insurance in Kentucky costs $78 per month, on average, or $931 per year. The average cost of car insurance in Kentucky is 29% higher than the national average auto insurance premium, and Kentucky ranks 40 out of 50 for the most affordable car insurance rates in the U.S.

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Do car insurance rates vary by state?

Car insurance varies by state for a few reasons. One is that each state has its own insurance laws. These laws mandate the minimum car insurance coverages and limits a car owner must carry on their vehicle. Being required to have higher limits, or certain types of coverages, can make rates higher.

What car insurance do I need in Ohio?

The following insurance coverage is the minimum required by the state of Ohio to legally operate a motor vehicle:

  • Bodily injury liability coverage: $25,000 per person and $50,000 per accident.
  • Property damage liability coverage: $25,000 per accident.

What happens if you drive without car insurance in Ohio?

The penalties for driving without car insurance in Ohio include suspension of driving privileges, fines and getting your vehicle towed. … Loss of driving privileges for a maximum of 2 years. Suspension of license plates and vehicle registration. Payment of reinstatement fees ranging from $150 to $650.

Can you go to jail for not having car insurance in Kentucky?

You Must Have Insurance

According to the statute, an owner who fails to maintain insurance on his vehicle shall have his vehicle registration revoked. In addition, the vehicle owner, as well as the vehicle driver, are subject to a fine of $500.00 to $1,000.00, up to 90 days in jail, or both.

What is the minimum auto insurance coverage in Kentucky?

The required minimum coverages and limits to register and operate a vehicle in Kentucky are: Bodily injury liability: $25,000 per person and $50,000 per accident. Property Damage liability: $10,000 per accident. Uninsured Motorist coverage: $25,000 per person and $50,000 per accident*

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How much is full coverage insurance in Kentucky?

How much does car insurance cost in Kentucky? Kentucky’s annual rates of $748 for minimum insurance and $2,128 for full coverage are higher than the average national cost of car insurance – which is $565 for minimum coverage per year and $1,674 for full coverage per year.

How much is car insurance in Kentucky average?

The average auto insurance price in Kentucky is $2,050 per year — more than the nationwide average by 43.7%. Your car insurance premiums are affected by factors other than the state in which you live.

Does ZIP code affect car insurance?

Your specific ZIP code will affect what you pay on average for auto insurance. When you do an insurance rate comparison by ZIP code, you will find that auto insurance rates can drastically change within the same local areas based on their differing ZIP codes.

Which states do not require car insurance?

There are only two states where car insurance is not mandatory for all drivers: Virginia and New Hampshire. In Virginia, an uninsured motor vehicle fee may be paid to the state, while in New Hampshire, vehicle owners have the option to post cash bonds.

Which state has the lowest health insurance premiums?

ACA Benchmark Premiums Ranked by Cheapest Plan in 2021

State 2017 Rank
Minnesota $442 1
New Hampshire $267 2
Rhode Island $261 3
New Mexico $255 4