The state of Ohio requires you to possess Ohio auto insurance for your vehicle before you can even take it onto the road. Purchasing insurance is one way to prove that you are financially responsible as well as prepared for an accident if one should happen to occur. Possessing insurance will also ensure that you won’t have to pay for any of the damages that occur in an accident up front as the insurance policy absorbs the costs for you. All you should need to do when purchasing your insurance policy is ensure it is up to the Ohio state requirements for auto insurance.
Ohio Auto Insurance Requirements
As you shop around for your Ohio auto insurance policy, ensuring that you have at least the state minimum requirement is a huge must to avoid any possible penalties. Anything above the state requirement is extra and will likely come in the form of additional coverage and increases in coverage which you can purchase of your own volition. The required minimum consists of $25,000 for death or injuries in an accident per person, $50,000 for the total deaths or injuries for 2 or more people involved in a single accident, and $25,000 for property. As long as your policy possesses these figures or more, you are completely covered by the state’s requirements.
There are extra coverage options that you can add onto your state required minimum base insurance policy. These options aren’t required, although you may find them to be a very good investment if they are ever needed. Collision coverage for example will pay for the damages to your own vehicle in an accident, Comprehensive coverage takes care of any costs if your car is vandalized or stolen, and Underinsured/Uninsured will cover any damages in the case of a run in with someone without insurance. Another add-on that is seen as helpful is towing and labor which will not only pay for a tow truck if your car breaks down, but will cover the cost of the labor to fix it.
Possessing Ohio auto insurance will not only prevent you from paying for damages up front, but will keep you from paying penalties due to not being insured. While the extra coverage isn’t required, it is best to figure out what you need before you make a final decision on your insurance and make your purchase.