![]() Sign a certificate of bond asserting that you own real estate with equity for at least $60,000 (two people are required to sign together).Deposit cash or government bonds with the Treasurer of the State of Ohio.One of them is to be self-insured, but that only applies if you own 25 or more vehicles, and most people don’t.Īlternatively, you can be issued a certificate of financial responsibility in one of three ways: Liability insurance is a form of financial responsibility and the most popular choice for Ohio drivers. Forms of Financial Responsibility in Ohio These limits will keep you on the right side of the law. You can choose to carry a lot more coverage than the minimums, and it’s a good idea to do so. Minimum coverage costs vary from state to state.ĭo you need car insurance in Ohio? The answer is yes. Liability car insurance coverage exists to do just that, and it’s what you need to buy to form the legally required basis of your policy. Insurance in Ohio is required to make sure that everyone can handle the financial responsibility of a car accident. What is the minimum car insurance required in Ohio? This complete guide to Ohio auto insurance will get you ready for the road. We have gathered the details on mandatory coverage and options and provided rate comparisons between states and companies to give you an idea of what to expect. A clear, concise understanding of your options would make it easier!Įverything you need to know is right here in a straightforward and uncomplicated format. You want to make sure you’re adequately covered, but you don’t want to overpay or buy coverage you don’t need. The good news for Ohioans is that rates fall below the national average, but that doesn’t make shopping for car insurance any more enjoyable. Ohio law mandates that you have to carry a minimum amount of car insurance to be on the road legally. Compare Athens, OH Car Insurance Rates.Compare Blanchester, OH Car Insurance Rates.Compare Bowling Green, OH Car Insurance Rates.Compare Bridgeport, OH Car Insurance Rates. ![]()
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