Ohio Car Insurance Rates Spiked 56% in 2023. Here’s Why

Though the spike in auto insurance rates has been especially pronounced in Ohio, premiums are up across almost the entire U.S. In fact, the national average rate for full-coverage auto insurance jumped 16% from 2022 to 2023. Some of the reasons for rate increases are the same factors responsible for larger national trends, while others are more specific to car insurance in Ohio.

Car Repairs Have Gotten More Expensive

Insurance companies raise rates to account for…