Lorain, OH Car Insurance

Lorain drivers pay, on average, around $51 a month for their car insurance. Read our guide below to learn more about your specific rates.
How do rates in Lorain measure up compared to neighboring areas, including Ohio as a whole? What rates should residents of Lorain expect to pay for their car insurance? Discover the factors that go into calculating the average cost in our writeups and charts below:  

How much is car insurance in Lorain?

Area Average Monthly Car Insurance Premium
Lorain$51
OH$59
United States$80

Auto insurance coverage in Lorain is about $8 cheaper than it is in the rest of Ohio.

Compared to the rest of the country, auto insurance in Lorain is more affordable. Car insurance rates for the U.S. as a whole are, on average, $29 more expensive than the rates you'd pay in Lorain.

Keep in mind that while these are the average car insurance rates for Lorain, it isn't guaranteed that it's what you'll pay. There are a number of factors that determine how much insurance companies might charge you to insure your vehicle. The bill you'll see each month is calculated based on things like age, gender, vehicle make and model, driving record, and in some cases, credit score.

We've done the heavy lifting for you and broken down the average rate for Lorain so that you can get a more accurate idea of what your monthly bill might be. To find out if you're overpaying for your area, just enter your ZIP below and find out in minutes!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$96
25-34$51
35-44$40
45-54$45
55-64$39
65+$42

It's pretty safe to assume that the older you are, the longer you've been driving, right? When it comes to auto insurance rates, that experience can help put some change back into your pocket. As you can see, 18-24-year-olds pay two times as much as drivers of retirement age.

For every ten years older you get, you can expect to see a drop in your monthly premium. Once you hit retirement, however, you may see your rates creep back up a bit in Lorain.

Average Car Insurance Rates by Gender

Gender Average
Male$52
Female$50

In general, female drivers pay less for car insurance than their male counterparts. The price to insure your vehicle in Lorain, however, is about the same for either group.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$77
Multiple Accidents$79
1 Ticket$82
Multiple Tickets$113

Your driving record can have a tremendous impact on your car insurance rates. Those with clean records will obviously pay significantly less than those with infractions. Drivers in Lorain with a single accident on their record will usually see rates around $77 a month. Similarly, drivers with one ticket will typically pay around $82 on average.

Accidents, tickets, and other driving infractions can really hurt your wallet. In order to minimize your monthly rate, practice safe driving habits and keep your record clean.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$51
2-3 Years$70
4-5 Years$38
6-7 Years$59
8-10 Years$52
11-14 Years$58
15 Years or Older$44

If you look at the first table above, you'll see that SUVs are typically the cheapest vehicles to insure in Lorain, with drivers paying around $43 per month for auto insurance coverage.

Truck and van drivers will see rates of about $47, while the rates for car owners average out to about $54 a month.

You can also expect to see slightly different rates depending on the age of your vehicle. Generally, newer vehicles are going to cost the most to insure. However, your rates may start to drop back down once your car is a few years old. In Lorain, vehicles two-to -three years old are the most expensive to insure.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$52
Married$45
Divorced$47
Widowed$31

On average, car insurance is slightly cheaper for married policyholders. This occurs because insurance companies commonly award special discounts to policyholders with multiple vehicles that are on the same policy.

The difference in rates based on relationship status in Lorain can be as much as $7 a month, so it's worth keeping that in mind.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$40
Rent$54
Live with parents$95

Your housing situation is another component of how insurance companies calculate your monthly rate. If you rent your home or apartment, expect to pay around $14 a month more than if you own your own home in Lorain. Those who live with their parents, however, can expect to pay a lot more.

Bundling your home or rental insurance with your auto insurance can oftentimes reduce your car insurance costs, depending on your insurance company.

Car Insurance Companies in Lorain, OH

Recent trends in car insurance for Lorain drivers

Car insurance rates are frequently changing, so it's in your best interest to understand which way your area is trending before choosing when and where to shop.

Auto insurance rates in Lorain increased from 2016-2018, when they reached a high of $66. Car insurance rates began to decrease in 2019, and this trend has continued through 2021, when rates have most recently hit $49.

How does Lorain compare to neighboring areas?

Why are car insurance rates in Lorain different from other areas?

Car insurance companies look at a number of factors when they're choosing how much to charge for a policy. While we already talked about the ones that affect your personal policy, others are based around where you call home. These include things like:

  • Off-street parking accessibility
  • Amount of drivers in the area
  • Road safety
  • Rate of crime
  • Community laws

A decent level of familiarity with these factors can be helpful when you're ready to purchase of a new policy or thinking about making a move. Knowing that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your particular neighborhood.

How can I find the cheapest car insurance in Lorain?

While knowing what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

Don't worry, Compare.com can handle all of this for you. Just put in your ZIP Code below, answer a few questions regarding the factors mentioned above, and you'll be quickly comparing the cheapest quotes from numerous car insurance companies offering policies in Lorain.

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Lorain Insurance FAQs

What factors affect car insurance quotes in Lorain?

Car insurance companies calculate quotes based on a wide array of factors. These include things like your age and gender, but also factors like your vehicle's make and model, year, driving record, credit score, as well as your marital status and address.

Why is the cost of car insurance in Lorain different from other neighboring cities?

Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like parking situations, crime rates, 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 Lorain?

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 Lorain?

Any major life event, whether it be moving to a new area, finding a new job, getting married, or any other notable event always presents a good opportunity to re-evaluate your current insurance policy. Regardless of your previous rate, there may be cheaper options in your new location, so it's a good idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to Lorain or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?

Find your best rate in just a few minutes