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Last updated: October 13, 2025Best Cheap Car Insurance in Toledo
USAA has the cheapest car insurance in Toledo for full coverage at $996 annually, while Central Mutual has the cheapest minimum coverage at $313 annually.
Cheapest for Full Coverage
Editor's Rating: 4.9/5
Average Cost in Toledo
- Full Coverage Monthly: $92
- Minimum Coverage Monthly: $35
Best for Usage-Based Insurance
Editor's Rating: 4.8/5
Average Cost in Toledo
- Full Coverage Monthly: $93
- Minimum Coverage Monthly: $39
Best for Military/Veterans
Editor's Rating: 5/5
Average Cost in Toledo
- Full Coverage Monthly: $83
- Minimum Coverage Monthly: $28
Key Takeaways
- Toledo is slightly more expensive for car insurance than Ohio as a whole — the cost of full coverage in the city is $1,693 annually on average, and minimum coverage costs $514 annually on average.
- Central Mutual has the cheapest rates for minimum coverage in Toledo, while Erie is the best for customer service.
- These rates are averages, which can give you an idea of what you might pay, but your quote will likely be different, as it depends on factors unique to you like your age and driving record.
Our Top Picks for the Best Cheap Auto Insurance in Toledo
- Cheapest for Full Coverage: State Farm
- Best for Usage-Based Insurance: Nationwide
- Best for Military/Veterans: USAA
- Best for Customer Satisfaction: Erie
- Cheapest for Minimum Coverage: Central Mutual
- Best for Discounts: GEICO
Compare the Best Cheap Auto Insurance in Toledo
| Company | Full Coverage Annual Avg. | Minimum Coverage Annual Avg. | North Central Customer Satisfaction (J.D. Power) |
|---|---|---|---|
| Central Mutual | $1,470 | $313 | Not rated |
| Erie | $1,120 | $394 | Above average |
| GEICO | $1,378 | $417 | Above average |
| Nationwide | $1,112 | $465 | Above average |
| USAA | $996 | $334 | Above average |
| Toledo | $1,693 | $561 | – |
Detailed List of the Best Cheap Providers in Toledo
1. Cheapest for Full Coverage - State Farm
What We Like Most:
- Cheap Toledo rates
- Local Ohio agents
- Above-average score on J.D. Power
Why we chose it
State Farm has the cheapest full coverage rates in Toledo (after USAA, which is only available to military-affiliated customers). It offers a good balance of cost and service, scoring a few points above-average in the North Central region on a recent J.D. Power study — though not as highly Erie, Nationwide, or USAA.
Who it’s best for
State Farm is a good choice for drivers on a budget looking for full coverage. It also offers insurance for rideshare and delivery drivers in Toledo.
State Farm Toledo Pricing
| State Farm | Full coverage | Minimum coverage |
|---|---|---|
| Monthly | $92 | $35 |
| Annually | $1,104 | $420 |
| Difference from Toledo average | -35% | -18% |
2. Best for Usage-Based Insurance - Nationwide
What We Like Most:
- Excellent track record for customer service
- Ranked first for usage-based insurance in J.D. Power's study
- Pay-per-mile policies
Why we chose it
Nationwide ranked second for North Central customer satisfaction and first for usage-based insurance in J.D. Power’s Auto Insurance Study. Usage-based insurance programs, or telematics, can be frustrating if the apps are glitchy or don’t accurately record your driving, so Nationwide’s ratings indicate that customers generally have a good experience with SmartRide. Its maximum discount of 40 percent is the most generous telematics discount we’ve seen, and unlike some other companies, it will not increase rates if it detects unsafe driving, so there is no risk to trying it out. The company also offers a pay-per-mile program, called SmartMiles, which is a good option for low mileage drivers.
Who it’s best for
Customers who drive less than average, those wanting to participate in a telematics program to lower their rates, drivers who want to purchase insurance online
Nationwide Toledo Pricing
| Nationwide | Full coverage | Minimum coverage |
|---|---|---|
| Monthly | $93 | $39 |
| Annually | $1,112 | $465 |
| Difference from Toledo average | -34% | -17% |
3. Best for Military/Veterans - USAA
What We Like Most:
- Coverage designed for military members
- High customer satisfaction ratings
- Two telematics programs
Why we chose it
USAA is known for its affordable premiums for eligible drivers, and it has some of the cheapest average premiums in Toledo (it’s only beaten out by Central Mutual for minimum coverage). It has consistently scored very high on J.D. Power studies for customer and claims satisfaction, including for usage-based insurance, and offers coverage and resources designed specifically for the military community. It offers two telematics programs that can help drivers save: SafePilot (a traditional telematics program) and SafePilot Miles (for low mileage drivers).
Who it’s best for
Military-affiliated drivers, including veterans and certain family members, and low-mileage drivers
USAA Toledo Pricing
| USAA | Full coverage | Minimum coverage |
|---|---|---|
| Monthly | $83 | $28 |
| Annually | $996 | $334 |
| Difference from Toledo average | -41% | -40% |
4. Best for Customer Satisfaction - Erie
What We Like Most:
- Exceptional customer service ratings
- Competitive rates
- Unique coverage add-ons
Why we chose it
Erie is one of the best auto insurance options for Ohio drivers, ranking first in J.D. Power’s Auto Insurance Study for the North Central Region and scoring 41 points above the average. It also earned a spot on the CRASH Network’s Honor Roll for 2025 with a rating of A-. It has competitive rates in Toledo for both minimum and full coverage, as well as unique coverage offerings like pet coverage and personal item coverage.
Who it’s best for
Those prioritizing customer service, pet owners, drivers looking for more than basic coverage
Erie Toledo Pricing
| Erie | Full coverage | Minimum coverage |
|---|---|---|
| Monthly | $93 | $33 |
| Annually | $1,120 | $394 |
| Difference from Toledo average | -34% | -30% |
5. Cheapest for Minimum Coverage - Central Mutual
What We Like Most:
- Cheapest minimum coverage rates in Toledo
- Teen-specific discounts
- Wide range of coverages
Why we chose it
Central Mutual has the most affordable average rates for minimum coverage in Toledo, making it an ideal option for drivers looking for the absolute cheapest car insurance. It has a solid B- rating from the CRASH Network as well as an A financial strength rating from AM Best. It offers a variety of discounts, including for bundling home and auto, having a strong credit-based insurance score, and adding a teen driver to your policy.
Who it’s best for
Drivers interested in minimum coverage insurance, classic car owners, families with teens on their policy.
Central Mutual Toledo Pricing
| Central Mutual | Full coverage | Minimum coverage |
|---|---|---|
| Monthly | $123 | $26 |
| Annually | $1,470 | $313 |
| Difference from Toledo average | -13% | -44% |
6. Best for Discounts - GEICO
What We Like Most:
- Convenient online quotes and purchasing
- Many discounts available
- Below-average rates
Why we chose it
GEICO offers below-average rates in Toledo and has above-average customer satisfaction ratings in the North Central region, according to J.D. Power. For those looking to save on insurance, GEICO has more discount opportunities than most competitors, with over 20 discounts listed on its website. These include certain specific discounts not offered by many companies, including a 15 percent military discount and a 12 percent discount for federal employees.
Who it’s best for
Drivers who want to purchase and manage their policy fully online, military members and federal employees who can take advantage of special discounts
GEICO Toledo Pricing
| GEICO | Full coverage | Minimum coverage |
|---|---|---|
| Monthly | $115 | $35 |
| Annually | $1,378 | $417 |
| Difference from Toledo average | -19% | -26% |
Toledo Best Cheap Picks — Detailed Customer Satisfaction Summary
| Company | J.D. Power Auto Insurance Study – North Central1 | CRASH Network Report Card2 | J.D. Power Claims Satisfaction3 | NAIC Complaint Index4 |
|---|---|---|---|---|
| State Farm | 646 | C- | 710 | 4.46 |
| Nationwide | 674 | C | 728 | 2.78 |
| USAA | 728 | D+ | 726 | 2.74 |
| Erie | 684 | A- | 733 | 1.13 |
| Central Mutual | Not rated | B- | Not rated | 1.97 |
| GEICO | 651 | C- | 692 | 1.95 |
| Average | 643 (out of 1,000) | C+ | 697 (out of 1,000) | 1 |
| What the study measures | Customer satisfaction regionally, based on responses from over 40,000 customers | Claims handling and payment practices, based on an annual survey of collision repair shops | Satisfaction with the claims process, based on responses from nearly 10,000 customers who recently filed a claim | Consumer complaints relative to market share. The lower the score, the better |
Cheapest Full Coverage Car Insurance in Toledo
USAA has the most affordable full coverage auto insurance rates in Toledo, but it’s only available to drivers affiliated with the military. Its average annual premium of $996 is 41 percent cheaper than the city average. The next-cheapest rates are offered by State Farm and Nationwide, both of which have average premiums more than 30 percent below the city average.
| Company | Annual Toledo Average | Monthly Toledo Average |
|---|---|---|
| USAA | $996 | $83 |
| State Farm | $1,104 | $92 |
| Nationwide | $1,112 | $93 |
| Erie | $1,120 | $93 |
| Hastings Mutual | $1,368 | $114 |
| Progressive | $1,371 | $114 |
| GEICO | $1,378 | $115 |
| Central Mutual | $1,470 | $123 |
| Ohio Mutual | $1,490 | $124 |
| Allstate | $2,128 | $177 |
| Toledo average | $1,693 | $141 |
| Ohio average | $1,401 | $117 |
| U.S. average | $2,399 | $200 |
Cheapest Minimum Coverage Car Insurance in Toledo
Central Mutual offers the cheapest minimum coverage car insurance in Toledo at $313 — that’s 44 percent below the citywide average. USAA and Erie also have rates well below the city average for minimum coverage.
| Company | Annual Toledo Average | Monthly Toledo Average |
|---|---|---|
| Central Mutual | $313 | $26 |
| USAA | $334 | $28 |
| Erie | $394 | $33 |
| GEICO | $417 | $35 |
| State Farm | $420 | $35 |
| Progressive | $464 | $39 |
| Nationwide | $465 | $39 |
| Ohio Mutual | $526 | $44 |
| Allstate | $696 | $58 |
| Hastings Mutual | $741 | $62 |
| Toledo average | $561 | $47 |
| Ohio average | $504 | $42 |
| U.S. average | $635 | $53 |
How Many Car Accidents Happen in Toledo?
According to data from the Ohio State Highway Patrol, there were 11,381 car accidents in Lucas County, which is where Toledo is located, in 2024.5 There is no data available specifically for the city of Toledo. Of these crashes, 29 were fatal, 8,526 involved only property damage, and the rest involved injuries.
Most accidents occurred in May and October, and the most dangerous day was Friday. In addition, most accidents happened between the hours of 3 and 6 p.m.
GOOD TO KNOW:
The most dangerous roads in Lucas County in 2024 were SR-2, IR-475, and US-20. Exercise caution if you frequently travel these roads.
Minimum Auto Insurance Requirements in Ohio
Ohio drivers must carry at least the following liability limits to follow state law:
- Bodily injury liability: $25,000 per person/$50,000 per accident
- Property damage liability: $25,000 per accident
These limits provide basic liability coverage, but they are quite low and may still leave you with significant out-of-pocket expenses if you get into an accident. If you can afford to, it’s wise to increase your liability limits and add full coverage to cover damage to your own vehicle.
Frequently Asked Questions
What is the cheapest car insurance in Toledo, Ohio?
The cheapest full coverage car insurance in Toledo, Ohio, is offered by USAA at $996 per year on average. Non-military drivers will find the cheapest average full coverage rates from State Farm at $1,104 annually. The lowest minimum coverage rates are from Central Mutual at $313 per year on average.
Who has the lowest auto insurance rates in Ohio?
USAA and GEICO have the lowest auto insurance rates in Ohio for full coverage, with average annual premiums of $980 and $1,101, respectively. For minimum coverage, USAA and Erie have the lowest average rates at $273 annually and $312 annually.
Does credit score affect car insurance?
Credit score technically doesn’t affect car insurance, but your credit history does, unless you live in one of the few states that don’t allow credit to be used as an insurance rating factor. Insurers use your credit information to calculate a credit-based insurance score, which is used to estimate the likelihood of you filing a claim, as opposed to the likelihood of defaulting on a loan like your standard credit score.
How can you get cheaper car insurance?
There are several ways you can get cheaper car insurance. First, try shopping around with different insurers to see who offers you the best rate for the same coverage. The cheapest insurer when you first purchased your policy may not be the cheapest anymore, and it might make sense to switch. In addition, make sure to always check for discounts that can be applied to your policy and consider trying out your insurer’s telematics program. If you have poor credit, working to improve it can significantly lower your rates over time.
Methodology
At AutoInsurance.com, we evaluate auto insurance providers based on four key factors:
- Price (40%): We analyzed both full coverage and minimum coverage premiums in Toledo, Ohio, for good drivers with good credit. Full coverage averages use the following limits:
- Bodily injury liability: $100,000 per person/$300,000 per accident
- Property damage liability: $10,000 per accident
- Claims handling (25%): Claims handling is a key function of an insurance company, and customers expect the process to be clear, quick, and fair. We evaluate claims practices using sources like the CRASH Network Insurer Report Card and J.D. Power’s Auto Claims Satisfaction Study, and financial strength from sources like AM Best. Real-life customer experiences are included when available.
- Customer experience (25%): We consider a customer’s user experience when dealing with an insurance company, from a prospective customer getting a quote to a policyholder managing an existing policy. We also look at the functionality of the company’s website and mobile app. Our sources include J.D. Power studies, the NAIC Complaint Index, Better Business Bureau ratings, and app store reviews.
- Coverage options (10%): We review each company’s coverage options and prioritize insurers with add-ons beyond the state-required minimums, like accident forgiveness, gap coverage, rideshare coverage, and more.
Managing Editor & Industry Analyst
Maya Afilalo holds over 10 years of professional experience in writing, communications, and research, which she leverages to provide accurate and reliable information to empower consumers. In addition to overseeing content production, Maya has herself written many articles on auto insurance costs, company comparisons, state laws and requirements, and other topics. She is committed to helping consumers navigate the complex world of car insurance with clarity and confidence. Maya holds a bachelor’s degree from the University of Pennsylvania and a master’s from North Carolina State University.
Citations
It’s Now a Buyer’s Market for Auto Insurance, J.D. Power Finds. J.D. Power. (2025, June 10).
https://www.jdpower.com/business/press-releases/2025-us-auto-insurance-studyInsurer Report Card – Top Rated U.S. Car Insurance Companies for 2025. CRASH Network. (2025).
https://www.crashnetwork.com/irc/Auto Insurance Repair Cycle Times Improve but Price Increases Take a Toll, J.D. Power Finds. J.D. Power. (2024, October 29).
https://www.jdpower.com/business/press-releases/2024-us-auto-claims-satisfaction-studyConsumer Insurance Search Results. NAIC. (2025).
https://content.naic.org/cis_refined_results.htm?TABLEAU=CIS_COMPLAINTS&COCODE=24112&:refreshCrash Dashboard. Ohio State Highway Patrol. (2025).
https://statepatrol.ohio.gov/dashboards-statistics/ostats-dashboards/crash-dashboard
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