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Ohio Mutual Insurance Review 2022

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For more than a century, Ohio Mutual Insurance has offered home and auto insurance to provide comprehensive insurance solutions to residents of Midwest and New England states. Ohio Mutual offers special coverage for home and auto tailored for those living in these regions, along with strong financial strength and mobile app accessibility.

Perks Drawbacks
Received rating of A / Stable from AM Best, indicating stable ongoing financial strength Complaint score with the National Association of Insurance Commissioners (NAIC) indicates Ohio Mutual receives almost twice as many complaints as similar competitors
Offers coverage options tailored for New England and Midwest regions Homeowners and auto insurance are only available in 7 states

Ohio Mutual Insurance is limited to a few states in New England and the Midwest, making it a regional carrier. Its homeowners insurance and auto insurance policies are only offered in Connecticut, Indiana, Maine, New Hampshire, Ohio, Rhode Island and Vermont. Those interested in Ohio Mutual may appreciate having an insurance resource in an independent agent.

 

Ohio Mutual car insurance | Bankrate Score: Not rated

Ohio Mutual car insurance could be an option to explore for drivers who want to add extra coverage options to their standard car insurance policy. Ohio Mutual may not offer as long of a list of car insurance options as many other carriers, but some options are still unique. The company offers an accidental death benefit that will pay an amount to your selected beneficiary if you pass during a covered accident, as well as increased equipment coverage for any sound upgrades in your car and injured pet coverage.

To find the best car insurance companies and determine our Bankrate Score, we start by analyzing the company’s rate information from Quadrant Information Services. We also review the company’s policy features and discounts, financial strength ratings and customer satisfaction. However, as we were unable to retrieve much of this information for Ohio Mutual, we were unable to give it a Bankrate Score.

Ohio Mutual car insurance cost

While we were unable to obtain average rates for Ohio Mutual Insurance, it can help to know that the national average cost of car insurance is $1,674 for full coverage. Your quoted premium may vary depending on where you live, the type of vehicle you drive, your annual mileage and other car insurance rating factors.

Full coverage annual rates National full coverage annual rates
Clean driving history N/A $1,674
Speeding ticket conviction N/A $2,062
Adding a 16-year-old driver* N/A $2,531
At-fault accident N/A $2,311

*16-year-old rates reflect the added cost to their parents’ full coverage car insurance policy.

Ohio Mutual car insurance discounts

Looking for the best car insurance discounts can be an effective way to find the cheapest car insurance policy. Some discounts that Ohio Mutual may offer for its car insurance include:

  • Good student & away to school discount: Young drivers that provide consistently good report cards or leave for college without taking their family vehicles may receive a discount on their policy.
  • Anti-theft discount: If your vehicle is equipped with a qualifying anti-theft device, you may receive a discount on your policy.
  • Active or passive restraint devices: Drivers that have these restraint devices installed in their vehicles may receive a discount on their insurance coverage.

Ohio Mutual car services

Ohio Mutual has its own telematics program called 9&3 Telematics that drivers can use to be rewarded for their good driving habits. The app gives insights about driving habits and provides an overall driving score for performance. It is only available in Connecticut, Maine, New Hampshire, Ohio, Rhode Island and Vermont.

Ohio Mutual home insurance | Bankrate Score: Not available

The best homeowners insurance offers a broad range of coverage options that meet the regional needs of these states while prioritizing affordability. Ohio Mutual is able to do this by offering unique coverage opportunities tailored to its policyholders. Some of these coverage opportunities include incidental business exposure for remote workers and those who operate a business out of their home as well as waterbed liability. Ohio Mutual also offers additional coverage for sewage or drain back-ups.

Ohio Mutual home insurance cost

Quotes for a homeowners policy with Ohio Mutual can only be requested through a local independent agent. Throughout the nation, the average cost of homeowners insurance is $1,312 per year for $250,000 in dwelling coverage, although this may vary depending on your area, home and many other factors.

Dwelling coverage limit Average annual premium National average annual premium
$150,000 N/A $898
$250,000 N/A $1,312
$350,000 N/A $1,723
$450,000 N/A $2,148

Ohio Mutual home insurance discounts

Depending on certain features of your home, Ohio Mutual might offer additional discounts on your premium to build the cheapest home insurance policy. This could include:

  • Age of home: Homeowners living in a dwelling that is less than 20 years old may receive a discount, as their home has a lower risk profile due to its age.
  • Multi-policy: By bundling your auto and home insurance policies with Ohio Mutual, you may be eligible for a discount.
  • New home/under construction: If you are a homeowner building a new home, Ohio Mutual may provide a discount since the home will be up-to-date on all necessary safety codes.

Ohio Mutual home services

Ohio Mutual has partnered with SimpliSafe and ViewSpection to give homeowners additional benefits. Homeowners in Connecticut, Maine, New Hampshire and Ohio who have purchased a new homeowners policy are qualified to receive a free SimpliSafe home security system with two free months of professional monitoring.

For ViewSpection, Ohio Mutual homeowners can use the smartphone app to submit pictures of their homes for inspection instead of coordinating with an inspector. The process takes 15 minutes and Ohio Mutual will even mail a check reward to homeowners for using this process. ViewSpection is available in all states where Ohio Mutual offers home insurance.

Other Ohio Mutual Insurance perks worth considering

Ohio Mutual offers a few more insurance products other than personal auto and homeowners insurance. This includes:

  • Renters insurance: As a renter, you may not need to insure the structure of your home, but this could protect your personal belongings as well as provide some loss of use and liability protection.
  • Farm insurance: Ohio Mutual’s farm insurance policy provides coverage for both your home and personal belongings, as well as structures, machinery, livestock and more on your farm.
  • Commercial: Depending on the type of business you run, Ohio Mutual provides insurance for commercial property, liability, automobile and more.

Ohio Mutual Insurance social responsibility

Ohio Mutual supports many local organizations through its fundraising efforts, including the Ronald McDonald House, YMCA, YWCA and United Way. Its Crawford Partnership selects applicants yearly for its Ohio Mutual Crawford Opportunity Award, a $1,500 scholarship awarded to three individuals in Crawford County whose studies support the opportunities in the insurance industry.

To support the philanthropy of its employees, Ohio Mutual also has an Associate Matching Program. Every year, employees can make a personal contribution to a non-profit organization and Ohio Mutual will also contribute one full day’s worth of pay towards the organization as well.

Not sure if Ohio Mutual Insurance is right for you? Consider these alternatives

  • Farmers Insurance: Farmers offers comprehensive packages for home and auto insurance for those who want to build out their insurance plan.
  • The Hanover: Another regional carrier, the Hanover provides unique insurance packages for home and auto to make buying insurance convenient and easy.
  • Geico: As a large national carrier, Geico makes it easy to purchase home and auto insurance and comes with a long list of discount opportunities.

Methodology

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 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage limits:

Auto

  • $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 coverage that meets each state’s requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.

Age: Rates were calculated by evaluating our base profile with the age 16 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Hawaii rates indicate age is not a contributing factor.

Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), single speeding ticket and a single DUI conviction.

Homeowners

  • Coverage A, Dwelling: $150,000, $250,000, $350,000, $450,000
  • Coverage B, Other Structures: $15,000, $25,000, $35,000, $45,000
  • Coverage C, Personal Property: $75,000, $125,000, $175,000, $225,000
  • Coverage D, Loss of Use: $30,000, $50,000, $70,000, $90,000
  • Coverage E, Liability: $300,000
  • Coverage F, Medical Payments: $1,000

The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).

These are sample rates and should be used for comparative purposes only. Your quotes will differ.

Written by
June Sham
Insurance Writer
June Sham is an insurance writer for Bankrate. Before joining the team, she worked for nearly three years as a licensed producer writing auto, property, umbrella and earthquake policies.
Edited by
Insurance Editor