Welcome to the Ohio Department of Insurance

Skip Navigation

Please Note: You are viewing the non-styled version of Ohio Department of Insurance. Either your browser does not support Cascading Style Sheets (CSS) or it is disabled. We suggest upgrading your browser to the latest version of your favorite Internet browser.



Press Release
 
STATE OF OHIO
DEPARTMENT OF INSURANCE
COMMUNICATIONS OFFICE
 
 

1/10/2019
Ohioans Pay Among Lowest in Nation for Insurance


 

 

COLUMBUS — A national study revealed that Ohioans pay among the lowest average premiums in the nation for auto and homeowners insurance, Ohio Department of Insurance Director Jillian Froment announced.
 
“We are fortunate in Ohio to have one of the most dynamic and competitive insurance markets in the country,” Froment said. “Consumers benefit by having many options to choose from at different price points.”
 
The National Association of Insurance Commissioners determined Ohioans paid an average of $850 (9th lowest) for homeowners insurance and $727 (14th lowest) for auto insurance in 2016 (most recent data available) compared to the respective national averages of $1,192 and $936. The combined average savings for Ohioans is $551 below the national averages.  
 
Froment advises consumers to compare products from different companies. She also urges Ohioans to regularly evaluate their insurance needs and amounts of coverage.
 
Consumers with insurance questions can contact the Ohio Department of Insurance at 1-800-686-1526. Insurance information is available at www.insurance.ohio.gov.

 


# # #



 


Ohio Department of Insurance
50 W. Town Street, Third Floor - Suite 300
Columbus, Ohio  43215
|
|
|
Mike DeWine, Governor | Jillian Froment, Director
General Info: 614-644-2658 | Consumer Hotline: 800-686-1526
Fraud Hotline: 800-686-1527 | Medicare Hotline: 800-686-1578