Ohio Car Insurance Laws
For decades, Ohio has had very low (and somewhat odd) liability limits of 12.5/25/7.5, but that changed on Dec. 22, 2013, when new, higher limits of $25,000 per person/$50,000 per accident for bodily injury and $25,000 for property damage will be required (25/50/25).
These new limits are more in line with what other states require and better reflect the increase in medical expenses and repair costs that have occurred in the last 40 years. But for some people -- those who have a lot in savings, own a home or have a business -- it is still not enough to shield your assets from lawsuits.
Penalties for being uninsured: If a motorist is unable to show proof of financial responsibility upon request, the vehicle's registration and license plates may be impounded. The driver's license will also be suspended, up to two years. To reinstate the license, the driver must purchase insurance and file an SR-22 document with the state.
Random and not so random: You can be asked for proof of insurance during the course of an ordinary traffic stop, but the Ohio Bureau of Motor Vehicles also has a "Random Selection Program" that mails drivers selected by computer program and asks them to provide current information.
Traffic convictions are forever: While a driver abstract issued to insurance companies by the Bureau of Motor Vehicles will reflect only driver record activity for last three years, convictions never actually come off of an Ohio driving record.
Largest car insurance companies in Ohio by market share
||Company / Group
||Direct Premiums Written ($)
||Market Share (%)
||State Farm Group
||Progressive Insurance Group
||Allstate Insurance Group
||Berkshire Hathaway Insurance
||Grange Mutual Casualty Pool
||Liberty Mutual Insurance Companies
||Amer Family Insurance Group
||Erie Insurance Group
|Source: A.M. Best market share rankings are based on direct premiums written in 2013.