Average car insurance cost in Toledo, Ohio

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At $1,927 per year, full coverage car insurance in Toledo is $144 more than the state average and $651 less than the national average. Travelers offers the lowest average rate at $1,657, but your actual premium depends on factors like your age, driving record, and coverage level.

Where you live plays a bigger role than most drivers expect. Insurers price risk by ZIP code, so local factors – traffic density, accident and theft rates, repair costs, weather, and the share of uninsured drivers on the road – all feed into what you pay in Toledo. That’s why two drivers with identical records can pay very different rates depending on which side of a city line they live on.

Here’s how Toledo’s average premium stacks up against Ohio and national rates:

How much car insurance do you need in Toledo?

Every driver in Toledo needs at least liability coverage, but full coverage offers better protection because it covers your own car too, not just the other driver’s.

Liability only covers damage you cause to others. If your car is damaged in an accident, stolen, or hit by a falling tree, you’re on the hook for the cost without full coverage. Here’s what each coverage level costs per year and what it includes:

• State minimum coverage: $524 per year – Limits of $25,000 bodily injury per person, $50,000 total bodily injury per accident, $25,000 property damage. The lowest coverage level allowed by law.
• Liability only coverage: $567 per year – Limits of $50,000 bodily injury per person, $100,000 total bodily injury per accident, $50,000 property damage. Pays for others’ injuries and property damage when you’re at fault but doesn’t cover your own vehicle.
• Full coverage: $1,927 per year – Limits of $100,000 bodily injury per person, $300,000 total bodily injury per accident, $100,000 property damage. Combines liability with collision and comprehensive, so your own car is covered too.

What are the cheapest car insurance companies in Toledo?

Travelers beats every insurer when it comes down to price for full coverage car insurance in Toledo, at $1,657 per year. Grange Insurance ranks second at $1,677 per year. Rates are based on limits of $100,000 bodily injury per person, $300,000 per accident, and $100,000 property damage.

Rates differ by company, so comparing quotes from multiple providers is the best way to find a rate that fits your budget.

Below is a breakdown of average yearly and monthly car insurance rates from different insurers in Toledo.

Do men or women pay more for car insurance in Toledo?

In Toledo, male drivers pay $1,931 per year for full coverage, which is $8 more than the $1,923 per year that female drivers pay.

Gender factors into pricing in most states, though seven don’t allow it. California, Hawaii, Massachusetts, Michigan, Montana, North Carolina, and Pennsylvania stand out as exceptions.

The Insurance Information Institute (Triple-I), a nonprofit that researches insurance trends, points to safer driving habits and fewer serious accidents among women as the reason. Insurers build that difference into what men pay.

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How does age affect car insurance rates in Toledo?

Teen drivers pay the most for car insurance in Toledo, with an annual rate of $5,753 per year, or $479 per month. Rates fall as drivers gain experience – young adults ages 20 to 24 pay $3,137 per year, adults 25 to 55 pay $1,954 per year, and seniors 60 to 75 pay $1,997 per year.

Teens ages 16 to 19 crash more often due to inexperience, which drives up their rates. The Insurance Information Institute reports teen drivers pay $2,616 more annually than young adult drivers.

Premiums drop as drivers gain experience, however. Young adults ages 20 to 24 pay $3,137 per year – 45% what teen drivers pay.

Below is a breakdown of average annual full coverage car insurance rates by age group.

How have car insurance rates changed in Toledo?

Car insurance rates in Toledo have seen a upward trend since 2023 to 2025, with average rates increased by 17%, or $282.

If your own rates have been climbing, it’s worth shopping around to make sure you’re not overpaying compared to what other insurers offer.

The graph below tracks insurance costs from 2022 to 2025, showing the long-term trend behind today’s rates.

Methodology

Insure.com commissioned car insurance rates in 2026 from Quadrant Information Services. To determine the average premiums, our team of data analysts and expert editors analyzed 65,756,440 auto insurance quotes collected in 2025 across 51 states, 29,159 cities and 34,595 zip codes. Quotes came from 195 insurance companies across 73 company groups, giving a national average annual premium of $2,578.

Each quote reflects a 40-year-old male and female driver with a Honda Accord LX, no violations and a good insurance score, driving 10,000 miles a year with a 12-mile daily commute. Coverage includes:

• 100/300/100 liability limits (up to $100,000 per person and $300,000 per accident for bodily injury, and $100,000 for property damage)
• $500 deductible for collision and comprehensive

The quoted insurance rates are for comparison purposes, and your rates may vary.

Alisha Ambre

 

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Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.