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How much is car insurance in Akron?
|Area||Average Monthly Car Insurance Premium|
As you can see in the chart above, it costs about the same to insure your vehicle in Akron as it does in the rest of Ohio.
When viewed against the average rates for the rest of the U.S., coverage in Akron is rather affordable. You can expect to pay about $17 below the national average for auto insurance in Akron.
Keep in mind that while these are the average car insurance rates for Akron, it isn't guaranteed that it's what you'll pay. Insurance companies weigh a variety of factors when determining how much to charge you for car insurance. Your monthly premium is calculated off of your age, gender, vehicle make and model, driving record, and in some cases, your credit score.
We've done the heavy lifting for you and broken down the average rate for Akron so that you can get a more accurate idea of what you might pay. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP below to learn more about rates in your area!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|45-54||Not Enough Data|
The older you are, the more experience you're likely to have on the roads, right? That experience can lead to some serious savings when it comes to car insurance rates. As you can see, it can cost more than three times as much for teen drivers to insure their vehicle than drivers who are approaching retirement.
Every ten years or so you can expect to see a decline in your monthly premium. You may see your rates begin to creep back up a bit once you hit retirement age.
Average Car Insurance Rates by Gender
On average, female drivers pay slightly less for car insurance than their male counterparts. In Akron, the difference is around $10 per month. Based on the chart above, you can see that female drivers pay around $57 on average, while male drivers typically pay $67 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Depending on your driving record, your rates can vary wildly. Drivers with clean records will pay much lower rates than those with accidents or violations. Drivers in Akron with one accident will pay around $80 a month. On a similar note, drivers with one ticket on their record will be looking at a monthly rate of about $83 on average.
Wherever you live, accidents,tickets, and other driving infractions will almost certainly drive up your monthly bill. In order to keep your monthly bill down and get the cheapest car insurance possible, keep your record clean and drive safely.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$110|
|15 Years or Older||$60|
According to the first table above, trucks and vans are typically the cheapest vehicles to insure in Akron.
Those with SUV's can expect a monthly premium of about $61 per month, while car owners will typically see a bill of around $64.
Meanwhile, truck and van drivers typically see a monthly premium of about $53.
Your rates can also vary depending on how old your vehicle is. Generally, newer vehicles are going to be the most expensive to insure. Once your car is around 5 years old, however, your rates may start to dip back down a bit. The most expensive vehicles to insure in Akron, for example, are vehicles less than one year old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$67|
Overall, people who are married will pay less for their car insurance. This usually happens because companies will extend special discounts to policyholders with multiple vehicles that are on the same policy.
In Akron, that discount is usually good for $17 a month in savings.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$88|
One other element taken into consideration is your housing situation. Drivers who own property in Akron can expect to pay around $13 a month less than those who rent. Those who live with their parents, however, can expect to pay a good deal more than their counterparts who rent or own.
Many companies, however, will offer you a discount to bundle your home or rental insurance with your auto insurance policy, which can help reduce your overall costs.
Car Insurance Companies in Akron, OH
Recent trends in car insurance for Akron drivers
Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before deciding when selecting an auto insurance policy.
In Akron, auto insurance rates declined from 2016-2017, when they hit a low of $55, but started to rise from 2018-2019. They finished up in 2021, at $76.
How does Akron compare to neighboring areas?
Why are car insurance rates in Akron different from other areas?
Car insurance companies look at numerous factors when they're choosing how much to charge for a policy. A few of these factors affecting your personal policy have already been mentioned, but others are based around where you live and drive. These include things like:
- Crime rates
- Local regulations
- Off-street parking accessibility
- Number of drivers in the area
- General road safety (how many accidents each locality has)
You can't change these factors yourself, but they're something to take into consideration when shopping for a new policy or looking to move into an area. Each area will have different rates. Guides like these are a wonderful place to get started.
How can I find the cheapest car insurance in Akron?
In the end, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies. Understanding what the average costs are for drivers prior to seeking out a quote can help you understand how closely the quote reflects local trends.
But hold on! Compare.com does all of that work for you. Just type in your ZIP below, answer a few questions on you and your car, and you'll be comparing the cheapest quotes from a bulk of the car insurance companies that offer auto coverage in Akron.
Akron Insurance FAQs
What factors affect car insurance quotes in Akron?
Car insurance companies calculate quotes based on a wide array of factors. These include things like your gender and age, but also factors like your vehicle's year, make and model, plus your marital status, address, credit score, and driving record.
Why is the cost of car insurance in Akron different from other neighboring cities?
Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like crime rates, parking situations, and local laws -- which can vary from city to city -- can significantly affect your rate.
Which car insurance company will offer me the cheapest rate in Akron?
Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible however, by using sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Akron?
Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.
Do I need to wait for my policy to expire to switch to a different car insurance company?
No, you can switch companies at any point, no matter how much time is left on your current policy. If you're thinking about moving to Akron or are wondering if you're paying the best rate for your current area, take 10 minutes and visit Compare.com to find out for sure.