Ohio is what is known, among insurance agents, as a 25/50/25 state. This means that the state requires drivers to maintain at least $25,000 of bodily injury liability coverage to a per-accident maximum of $50,000. Also, drivers must buy another $25,000 worth of property damage liability. These amounts pay for medical treatments, repairs, and legal costs if a driver accidentally injures someone or damages their property. Below are some of the factors that affect insurance quotes and ways to reduce your premiums.

What Factors Affect Your Auto Insurance Quotes?

Some of the most important factors in the price of auto insurance include the following:

• Make, Model, & Year: The newer and more expensive the vehicle, the more you’ll pay for car insurance.
• Your Age, Sex, and Marital Status: Men pay more for car insurance than women do. Drivers under age 25 pay more than more experienced drivers do. And singles pay more than married people do.
• Miles Per Year: The more miles you drive per year, the more at risk of an accident you are. Therefore, the more you drive, the more you must pay for coverage.

How Can You Reduce Your Car Insurance Payments?

Below are some of the easiest ways to minimize the amount you pay for coverage:

• Bundle Coverage: If you buy more than one policy—for instance, home insurance and car insurance—from the same provider, you will often qualify for a discount. Insurers like to encourage you to remain loyal to their brand.
• Raise Your Deductible: The deductible is what you must contribute to a claim before the insurer must begin to pay out. The higher your deductible, the less at-risk the insurer is, and the less you must pay for coverage.
• Improve Your Credit Rating: Insurers have found a correlation between responsible use of credit and responsible automobile operation. Get all credit accounts out of arrears, stay current on all payments, and avoid charge-offs and bankruptcies to receive a favorable premium rate.

To have an experienced insurance agent help you design a car insurance policy, contact Lighthouse Agency in Fairfield, OH. They have served clients throughout Butler County and Greater Cincinnati since 1996. They also specialize in health, dental, life, Medigap, and home insurance. Visit their website to request an insurance quote or call (513) 860-9100 to work with a friendly, knowledgeable insurance agent.