With harsh cold and snow forecast for much of the state in the next few days, officials in Ohio’s Department of Aging are urging precautions for older people who could be at increased risk of weather-related problems.
Ohioans See Bump In 2012 Average Insurance Rates
Ohioans saw increases in their homeowners and auto insurance rates last year, though they’re still getting a bargain.
Ohio’s Department of Insurance recently released the 2012 average rates for homeowners and auto insurance.
The state’s top 10 auto insurers raised rates by 4.1 percent last year.
The 10 biggest homeownersâ€™ insurance groups boosted rates by 7.6 percent. In both areas, the largest insurers represent about 70 percent of Ohio’s market.
The most recent figures from the National Association of Insurance Commissioners show Ohio’s average homeowners premium was $624, compared to the national average of $906. Drivers on average paid $619, compared to $791 nationally.
State officials say changes in auto insurance rates are associated with weather-related claims and repair costs. Poor weather and material costs also affected homeowner rates.