Each state has their own laws regarding the minimum auto insurance coverage needed for each vehicle, and since Ohio drivers drive an average of 9,700 miles per year, it's important you have the right coverage. While there are many options to add more coverage for your vehicles, the following is the minimum requirement for Ohio residents:
If you get into an accident, bodily injury liability coverage pays for the injuries you cause to another driver and/or their passengers. The state minimum coverage requires that you have coverage for at least $25,000 per person for any injury they have as a result of the accident up to $50,000.
Here’s a few scenarios to better explain this:
Let’s say there’s 1 person injured in an accident you cause. That person’s total cost of injury is $40,000. While your policy allows for up to $50,000 per accident, it only allows up to $25,000 per person. You are on the hook for the other $15,000 out-of-pocket.
This time there are 2 people injured in an accident you cause. Person A has injuries costing $40,000 and Person B has injuries costing $20,000. Since your per person limit is $25,000, you’ll be responsible for covering the remaining $15,000 of Person A’s injuries. And since your policy covers $50,000 per accident, your insurance will cover all of Person B’s injuries.
Property damage liability coverage covers the damage and cost of repairs you cause to another car or property if you get into an accident. This means if you get into an accident and get pushed off the side of the road, ultimately running over someone’s mailbox and part of their fence, you’ll have at least $25,000 of coverage to repair all of that damage.
Thinking about moving to Ohio? Luckily, the great state of Ohio typically has inexpensive auto insurance with an average premium of $1,037 per year, compared to the national average premium of $1,548 per year. However, we all know that insurance prices don't just depend on the state you live in. Other factors such as driving record, vehicle, and age also make an impact on how much you'll be spending on your premium. If you think these factors will drive up your insurance bill, have no fear. Once you are a member of the Branch Community, you’ll have access to discount programs that can lower your overall cost of insurance.
Whether you live in Columbus, Cincinnati, Cleveland, or anywhere in between, Branch has you covered with discount programs that will put some money back in your pocket!
We love building the Branch community with your community and love rewarding you for it even more. When you become a Branch client, you will receive a unique referral link in the Branch app. We encourage you to share this with your friends and family, on your social media, etc. Anyone that visits Branch for the first time from your link and checks their insurance price with us will receive a $10 Amazon gift card and we will send you a $25 Amazon Gift Card! That's some easy cash!
Once you become a Branch client, you can use our app to participate in the Community Pledge program. When you do, you can ask other Branch clients to vouch that they believe you would not commit insurance fraud. For each person who does so, you’ll earn a discount off your insurance of 1% - up to 5% - for as long as you’re both Branch clients.
The fewer fraudulent claims we pay, the less cost our community bears, and the less you have to pay!
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