COLUMBUS, Ohio (AP) — An Ohio insurance industry trade
association says homeowner and auto insurance costs for most Ohioans
remain below the U.S. average.
The Ohio Insurance Institute
released a report Friday saying Ohio has the sixth lowest average
homeowners premium and the 10th lowest average auto insurance premium
based on 2011 statistics from the National Association of Insurance
Commissioners. The institute represents insurance companies and agent
groups for Ohio’s property and casualty industry.
The Ohio group
projects the average homeowners insurance premium for 2014 will be $750.
That compares with a national average of $1,100 based on Insurance
Information Institute estimates. The Ohio group projects the average
auto insurance premium for Ohioans in 2014 will be $671, compared with
$846 according to the Insurance Information Institute.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.
COLUMBUS, Ohio (AP) — An Ohio insurance industry trade
association says homeowner and auto insurance costs for most Ohioans
remain below the U.S. average.
The Ohio Insurance Institute
released a report Friday saying Ohio has the sixth lowest average
homeowners premium and the 10th lowest average auto insurance premium
based on 2011 statistics from the National Association of Insurance
Commissioners. The institute represents insurance companies and agent
groups for Ohio’s property and casualty industry.
The Ohio group
projects the average homeowners insurance premium for 2014 will be $750.
That compares with a national average of $1,100 based on Insurance
Information Institute estimates. The Ohio group projects the average
auto insurance premium for Ohioans in 2014 will be $671, compared with
$846 according to the Insurance Information Institute.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.