Ohio Car Insurance Quotes

In Ohio, it is illegal to drive any motor vehicle without insurance or other proof of financial responsibility (FR). It is also illegal for any motor vehicle owner to allow another person to drive the owner's vehicle without FR proof.
Ohio state law requires minimum coverage of:

• $12,500 for bodily injury or death to one person.
• $25,000 total per accident for bodily injury or death.
• $7,500 for damage to property.

Ohio law allows for the following alternatives to automobile insurance:

• A certificate issued by the BMV, after proper application and approval, indicating that money or government bonds in the amount of $30,000 is on deposit with the office of the Treasurer of the State of Ohio;
• A certificate of bond issued by the BMV, after proper application and approval, in the amount of $30,000 signed by two (2) individuals who own real estate having equity of at least $60,000;
• A certificate of self-insurance issued by the BMV, after proper application and approval, to those with more than 25 motor vehicles registered in their name or a company's name;
• A $30,000 bond issued by an authorized surety or insurance company.

The value of your assets (what you may have to lose in the event you cause an accident) may help you determine the amount of coverage you should carry. Having additional coverage could protect you and your assets in the event of a serious accident. If you do not have adequate coverage, the law allows the victim to take any assets that you may have in order to cover the costs of any damages that occur.