Smart Auto Insurance Blog

According to the article “Premiums in Ohio are Very Low” by Dan Kelso on toledoblade.com, Ohio has some of the lowest insurance rates in the US. 

On average, homeowners insurance is tied for the 5th lowest at $530, compared to the US average of $804.  Ohio’s auto insurance is 13th lowest, which is well below the average.  This is great news for those shopping around for Ohio auto insurance quotes.  The Ohio Department of Insurance regulates insurance rates, so it’s important to keep that in mind as other industries may try to cause concern among consumers. 

Much of the US is envious of Ohio’s affordable insurance premiums.  They are very competitive which helps to keep costs down.  The use of insurance scores has caused concern for some, but they are very misunderstood.  With the use of insurance scores most people pay lower insurance premiums overall.  Insurance companies need to use some method of determining which type of customer is more likely to file an insurance claim.  This helps to keep insurance premiums costs down in general.

State Farm, a leader in life, homeowners, and auto insurance, continues to have a successful marketing relationship with basketball superstar, LeBron James.  According to State Farm’s website, in their newsroom article, State Farm is part of an integrated campaign supporting the company’s sponsorship of LeBron’s new documentary “More Than a Game”. 

This Lionsgate documentary tells the true story of five gifted basketball players, one of which is LeBron James who plays for the Cleveland Cavaliers and won 2009 NBA MVP.  It documents their true and unique story growing up in Akron, Ohio.  It opens in select cities October 2. 

There is going to be a commercial airing on TV, the Internet and in theaters called “Memories” to promote the film.  There is also a link set up on State Farm’s page where fans can view behind the scene footage as well as scenes never seen before.  State Farm is very excited about this movie and they believe that James’ inspirational story transcends sport.

Auto theft is down in Ohio for 2008 according to The National Insurance Crime Bureau’s recent report.  The article “Ohio’s most-stolen vehicle: 2000 Dodge Caravan” from the Chicago Tribune gives some details.  The 2000 Dodge Caravan minivan is the most often stolen car in Ohio for 2008.  This could end up affecting your Ohio auto insurance quotes if you have this car.

Ohio’s second most popular stolen car is the 1995 Oldsmobile Cutlass.  The third is the 1996 Jeep Cherokee and Grand Cherokee.  This ranking is based on car theft data gathered in 2008.  According to The National Insurance Crime Bureau many older models of trucks and cars are being targeted because these cars carry valuable parts.  Parts stripped out from a chop shop can often sell for 2 times as much as the car itself would on the market.

Throughout the country, 2008’s most stolen car was the 1994 Honda Accord.  Auto insurance theft is down across the nation as well.