Ohio 10th cheapest for auto insurance, 6th cheapest for homeowners
By Mark Williams
Ohio continues to be one of the more affordable states when it comes to insurance costs.
Figures out this afternoon show the Ohio had the 10th lowest auto insurance rates and the sixth lowest homeowner rates in the U.S. in 2011, according to the Ohio Department of Insurance.
Auto rates among the state’s top 10 insurers rose 1.2 percent, the lowest since 2008, according to the state. Homeowner rates among the top 10 insurers increased by 6.2 percent.
The top 10 represent about 70 percent of the market.
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