According to Bankrate’s 2021 study of quoted annual premiums, the average cost of car insurance in Akron, Ohio, is $388 for minimum liability and $1,110 for a full coverage policy. Because Ohio is prone to tornadoes, flooding from nearby Lake Erie and the occasional residual hurricane, going without car insurance in Ohio is risky.
Because of the risk factors, shopping for coverage usually entails finding the best cheap car insurance for your needs in Akron. Based on factors like price, coverage, and customer satisfaction, Bankrate found that the following insurers are some of the best car insurance companies in Akron for 2021.
Best cheap car insurance companies in Akron
The best car insurance in Ohio could help you save money on your car insurance without cutting corners on the crucial coverage you need to protect your and your family’s finances. To find the best car insurance companies in Akron, we took a step-by-step approach for each provider, using our methodology and the latest premium data from Quadrant Information Services to analyze the insurance market. We consulted the J.D. Power 2021 U.S. Auto Insurance Study for customer satisfaction ratings in the North Central region, also considering other factors like discounts, availability, accessibility and customer resources.
|Insurance company||J.D. Power score (North Central region)||Average annual premium for minimum coverage||Average annual premium for full coverage|
|USAA||*895 / 1,000||$292||$899|
|Erie||857 / 1,000||$314||$1,037|
|Geico||837 / 1,000||$333||$866|
|State Farm||851 / 1,000||$354||$970|
|Auto-Owners||842 / 1,000||$383||$1,102|
*Due to membership eligibility restrictions, USAA is considered rank-ineligible by J.D. Power.
USAA is the highest-scoring provider for customer satisfaction, something that is relatively consistent for this provider. However, to benefit from USAA membership, you must be a military member, veteran or a family member, making the company ineligible for official J.D. Power rankings. If you qualify, you could receive access to exclusive military-related discounts, such as savings when you store your car on base, are sent on an emergency deployment, or have multiple policies within the same family. Coverage is fantastic, too, with options like roadside assistance to add to your basic types of coverage.
Learn more: USAA Insurance review
Erie receives top scores for customer satisfaction just under USAA, but where it shines is in its add-on protections, going the extra mile to ensure your policy is beneficial. There are substantial options for additional insurance coverage, including first accident forgiveness, windshield repairs, travel expenses, and pet insurance. Coverage also includes locksmith protection, roadside assistance and towing.
Learn more: Erie Insurance review
Geico holds slightly below-average scores for customer satisfaction, but has excellent resources and mobile tools that help empower you to manage your own policy. There are multiple options for insurance like classic car or ATV, plus the option to add rideshare insurance if you drive for a service like Uber or Lyft. There are a whole host of discounts for your car insurance, too, including vehicle safety, multi-car and multi-policy discounts. Geico also offers special affiliation discounts for federal employees and members of certain organizations.
Learn more: Geico Insurance review
State Farm is a leading provider for customer satisfaction in J.D. Power’s survey, but it also offers great options for your car insurance coverage. You can choose from rental car and rideshare insurance in addition to the standard coverage. There is also specialized coverage for sports cars, antiques and commercial auto insurance. State Farm is known for its signature savings programs, which include the Drive Safe & Save and Steer Clear programs for safe drivers, with available teen driver discounts for the young drivers in your household.
Learn more: State Farm Insurance review
In addition to above-average customer satisfaction scores, Auto-Owners specializes in a series of additional protections like personal injury protection (PIP) coverage, 24/7 roadside assistance, additional expenses, gap insurance and diminished value coverage. Customers have the option of signing up for the Personal Automobile Plus Package, which includes more than 10 types of additional coverage, like identity theft and cell phone replacement. Other options include the Collision Coverage Advantage, which waives the collision deductible when both drivers in an accident are insured with Auto-Owners. To help you afford these extra protections, you might benefit from payment history, paid-in-full, paperless billing, advance quote and safety discounts.
Learn more: Auto-Owners Insurance review
Cheapest car insurance in Akron
Car insurance in Akron, at $388 and $1,110 per year for minimum and full coverage, respectively, is just slightly more than the average cost of Ohio car insurance. Ohio’s averages are $328 per year for a minimum coverage policy and $1,034 for full coverage. However, the cheapest car insurance in Ohio is still cheaper than the average cost of car insurance in the U.S., which is $1,674 per year for the average full coverage policy.
Still, every dollar helps when it comes time to pay premiums, so we consider how price affects the best car insurance companies. Based on price and market share, these companies offer the cheapest car insurance in Akron out of the nation’s largest providers.
|Insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
Of the cheapest carriers in Akron, USAA offers the cheapest rates on average for qualifying members. USAA also has the highest J.D. Power customer satisfaction scores. Erie and State Farm are top-scoring providers for customer satisfaction, too, with Auto-Owners and Geico trailing behind. Still, these carriers all offer affordable rates with many car insurance discounts to save you extra money.
Akron insurance requirements
Ohio car insurance laws stipulate that all drivers must carry a minimum amount of auto insurance before they can legally operate a motor vehicle. In order to meet the minimum requirements, you must carry the following coverage:
- $25,000 for injury/death liability per person
- $50,000 for injury/death liability per accident
- $25,000 for property damage liability per accident
Although you must always carry the minimum required insurance, consider what additional coverage may be beneficial to protect your finances. If you lease or finance your vehicle, your lender may require that you carry additional coverage to ensure that your loan will be protected in the event of an accident. Fortunately, even agents from the cheapest car insurance companies in Ohio can help review your policy to ensure that you have adequate insurance for the car that you drive.
Car insurance discounts in Akron
There are many types of car insurance discounts that you can use to lower the cost of your insurance and save money on your policy. These are some of the common types of car insurance discounts for Akron drivers.
- Payment: You can save money with payment discounts, such as paperless statements, pay-in-full, early renew, and advance quote.
- Driver: Many companies offer exclusive savings for active duty and retired military, as well as discounts for seniors, teen drivers and college students.
- Vehicle: Your car’s equipment could save you money with safety discounts for air bags or security systems.
- Driving record: Your driving record could earn you savings for being claims-free, a safe driver or successfully completing a defensive driving course.
There are many ways to save in Ohio to reduce your auto insurance premiums. Harsh winters and year-round storms can pose a risk to your vehicle, but the right coverage can help alleviate those burdens. Finding cheap car insurance is important for many drivers and the right car insurance discounts could help save money so that you can afford to get the coverage you need.
Frequently asked questions
What is the best car insurance company?
The best car insurance companies vary for everyone based on a series of personalized rate factors. These include your ZIP code, the make and model of your car, your age, gender and credit score. Consider finding and comparing multiple auto insurance quotes to ensure you find the best fit for you.
How much car insurance do I need in Akron?
All drivers are required by Ohio law to carry a minimum amount of car insurance. Before you can legally operate a vehicle, you must carry $25,000 for bodily injury liability or death per person, $50,000 for bodily injury liability or death per accident, and $25,000 for property damage liability per accident. However, your insurance provider can help you find the right amount of coverage for your specific vehicle.
How much does car insurance in Akron cost?
The average cost of car insurance in Akron is $388 for minimum coverage. If you opt for full coverage, the average policy costs $1,110 per year. To find the best rates for your auto insurance, you could compare multiple providers’ quotes for the same amounts of coverage.
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.