Ohioans pay among lowest auto, homeowners rates

Compared to neighboring states, Ohio had the lowest average cost for homeowners insurance, below Michigan, where homeowners paid annual average premiums of $865. And Ohio had the second-lowest average premiums for auto insurance, slightly ahead of Indiana, where residents paid $642 annually, on average.

“We are driven to help foster a competitive insurance marketplace that benefits Ohio consumers with increased choice in coverage and lower costs,” said Lt. Governor Mary Taylor, also head of the state insurance department. “These most recent national rate comparisons proves our policy continues to work for Ohioans.”