Why is car insurance more expensive in Ohio?

A Beacon Journal colleague recently lamented that his six-month auto insurance premium went up 17% despite having no claims, speeding tickets or other changes in his family’s driving habits.

His insurance agent said auto insurance rates were going up nationwide.

So I contacted both Dean Fadel, president of the Ohio Insurance Institute, the state’s property and casualty insurance trade group, and Robert Denhard, spokesman for the Ohio Department of Insurance, to find out what was going on.

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Did Ohio have automatic rate increases?

Yes, according to the Ohio Department of Insurance. After two years of declines in the average auto insurance rate in 2019 and 2020, there was a 2.7 percent increase in the average rate in 2021, Denhard said. That comes from data from the state’s 10 largest insurance groups, which make up 80 of the market, he said.

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