Cheapest Non-Owner Car Insurance In Ohio 2024

Drivers in Ohio can save with Auto-Owners’ non-owner car insurance, which costs $238 a year on average. It’s a great way to get liability coverage if you drive rented or borrowed cars without owning one.

Does Ohio Allow Non-Owner Car Insurance?

Non-owner car insurance is permitted in Ohio and is tailored for drivers without cars. It provides liability coverage to satisfy the state’s legal requirements for property damage and bodily injury.

Cheapest Overall Non-Owner Car Insurance In Ohio

With an average yearly rate of $238, Auto-Owners has the most affordable non-owner car insurance in Ohio.

Cheapest Non-Owner Car Insurance With A Clean Driving Record

With an annual average rate of $238, Auto-Owners is the most affordable option for non-owner car insurance in Ohio for those with a clean driving history.

Cheapest Non-Owner SR-22 Car Insurance In Ohio

For non-owner SR-22 insurance in Ohio, Auto-Owners is the least expensive provider, with an average annual rate of $292.

What Is Non-Owner Car Insurance?

Non-owner car insurance is a type of policy that covers drivers without a personal vehicle. It includes liability protection, paying for injuries or damages caused to others during an accident. Perfect for those who rent or borrow cars, this policy excludes coverage for the driver’s injuries or repairs to the vehicle being driven.

Minimum Car Insurance Requirements in Ohio

To legally drive in Ohio, drivers are required to have insurance that meets specific minimums. These include $25,000 for bodily injury per person, $50,000 per accident, and $25,000 for property damage. Personal injury protection (PIP) is not mandatory, and uninsured motorist coverage of $25,000 per person and $50,000 per accident is also necessary.

What Is SR-22 Insurance?

SR-22 is not a form of car insurance but a certificate proving financial responsibility for high-risk drivers. It shows that the driver has the minimum required liability coverage as per state law. Typically mandated after serious violations like DUIs or reckless driving, the SR-22 is filed with the state’s department of motor vehicles by the insurance provider.

Even though it’s not insurance, drivers with an SR-22 often face higher premiums due to being considered higher-risk. The SR-22 requirement usually lasts for a specified period, often three years.

Average Cost Of Non-Owner Car Insurance In Ohio

If you frequently rent or borrow cars in Ohio, it’s important to know the average cost of non-owner car insurance. This coverage gives you essential liability protection without the higher costs of a full car insurance policy, making it a practical option.

Below, we’ve provided a comparison of average annual and monthly premiums from different insurance companies to assist you in making an informed choice.

Average Cost Of Non-Owner Car Insurance In Ohio – By Age

In Ohio, the average cost of non-owner car insurance is heavily influenced by the driver’s age. Younger drivers usually face higher premiums due to their perceived lack of experience and higher accident risk. Older drivers, however, tend to enjoy lower rates as they are seen as safer drivers. For example, a 20-year-old might pay approximately $900 annually, while a 50-year-old might pay about $500. Below is a table showing how rates vary by age group.

Average Cost Of Non Owner Car Insurance In Ohio Cities

Your location in Ohio can greatly influence the cost of non-owner car insurance. Insurance companies consider several factors, including traffic volume, crime rates, and local regulations when setting premiums. Urban areas like Cincinnati tend to have higher rates due to the higher risks associated with crowded streets and crime. Conversely, smaller towns often offer lower premiums.

Below, you’ll find a table showing average non-owner car insurance rates across five Ohio cities.

Average Rates Vs Traditional Car Insurance

To make informed financial decisions, it’s important to understand the difference between non-owner car insurance and traditional car insurance. Non-owner car insurance is for individuals who drive but don’t own a vehicle. It covers liability for bodily injury and property damage to others, which tends to be more affordable than traditional car insurance.

Traditional car insurance, on the other hand, includes coverage for the vehicle itself, such as comprehensive and collision coverage, leading to higher premiums. Below is a comparison table of average rates for both types of insurance across five companies.

Should You Get Non-Owner Car Insurance In Ohio?

Non-owner car insurance is a great option for individuals who don’t own a car but need liability coverage. Here’s who should consider this type of insurance based on their specific needs:

• Renters: For those who often rent vehicles, non-owner insurance can provide better coverage than what’s offered by rental companies. It ensures continuous liability protection, which may be more cost-effective over time.
• Car Borrowers: If you occasionally borrow cars from others, non-owner car insurance provides liability coverage if you’re at fault in an accident, ensuring you’re protected without relying on the vehicle owner’s policy.
• License Reinstatement: If you need to reinstate your license after a serious violation like a DUI, non-owner insurance is often required. Pairing it with an SR-22 filing shows you’re complying with state laws for financial responsibility.
• Infrequent Drivers: Non-owner car insurance is perfect for drivers who don’t drive often but want to avoid the risk of gaps in their coverage. It helps prevent premium increases by maintaining continuous insurance.
• Drivers Between Cars: If you’ve sold your car or are in the process of buying a new one, non-owner insurance ensures you’re still covered during the transition. It helps maintain insurance continuity and a good record.

Average Non-Owner Car Insurance Rates vs Other US States