Auto Insurance Question Ohio OH

Reader’s Question:

I just want to clarify something. Is it true that if I travel often, I will get higher premiums on my auto insurance? What does distance have to do with my Ohio auto insurance anyway?

Goody

Akron, OH

Thanks for clarifying, Goody

There are number of factors that determine the price of your auto insurance policy. One of which is the miles that you drive every year. The often you drive with your car, the most likely that you meet accidents on the road. This is not an assumption for most auto insurance companies, but rather a precaution. When you renew your auto insurance policy, the insurance company would determine the miles you drive in a year. If you drive more than the average miles per year – which is 10,000 miles – the price of your auto insurance policy will be higher. In contrast, the lesser miles than the average you travel each year, the lesser the price. There are even auto insurance companies in Ohio who provide discounts to auto insurance when the policyholder uses carpool more often.

Aside from the number of miles, auto insurance companies also look at the places of your travels and how often you go there. They are keen to note locations with high rates of car theft or rates of accidents. This will also determine the price of your auto insurance. The more you travel in those insurance risk areas, most likely the price of your auto insurance policy will also increase.