Auto/Home Insurance

Stay Safe on The Road

Whether you're cruising down Market Street or Main Street, you want to feel secure when driving to explore all that the city offers. The best way to gain that security is through proper auto insurance. An auto insurance agent can help you secure the best offer possible. Auto insurance protects you financially if you get into an accident. It also meets state legal requirements because driving without insurance can lead to heavy fines or loss of license. As your friendly neighborhood insurance agents, we want to help Akron drivers find coverage that fits their needs and budget. At Carrington Financials, we are an independent insurance agency. For years, we have combined our expertise in state regulations and enthusiasm for community education to bring our clients premium financial services. Read on to learn why partnering with an independent agent like us is the smartest way to get insured.

What is an Independent Auto Insurance Agent?

Carrington Financials is not contractually obligated to any single insurance company as an independent insurance agency. We have the flexibility to provide quotes from multiple highly-rated insurance carriers. That allows us to offer you the most options to find the best rate.

Essentially, you come to us for auto insurance, and we take care of the rest. We get to know you and your specific situation. Then, we leverage our market knowledge to compare rates across insurers and present you with personalized policy recommendations. You get the convenience of one-stop shopping paired with the benefit of choice.

Ohio Auto Insurance Laws

As an independent auto insurance agent, it’s our job to know the ins and outs of Ohio auto insurance laws. We’re experts in the field and are passionate about sharing our knowledge with our clients. The first thing you should know is that driving legally requires following both road rules and insurance regulations. All motor vehicles operated in Ohio must be insured under liability coverage at state minimum levels. Driving without proof of valid auto insurance can lead to fines, suspended registration, and revoked licenses. Plus, you’ll have to pay fees to get everything reinstated. Don’t take the risk!

 

What are the Minimum Insurance Coverage Requirements in Ohio?

It’s important to note that while these are the minimum requirements, they might not be enough to fully protect you in case of an accident. That’s why we always recommend opting for more coverage if you can.

In Ohio, the minimum insurance coverage follows the 25/50/25 policy limits:

  • $25,000 bodily injury or death coverage per person
  • $50,000 total bodily injury or death coverage per incident
  • $25,000 property damage liability

Keep in mind that liability insurance only covers damages and injuries you cause to others in an accident. It does not cover your own vehicle repairs. If you only carry the minimum insurance coverage and are involved in an accident, you may face hefty out-of-pocket costs.

Full insurance provides more financial protection, including damages to your vehicles and higher liability limits. It’s worth considering if you can afford it. Plus, it may be required if your vehicle is loaned or leased, so we always recommend clients avoid minimum coverage if they can.

Ohio as a Fault State

Ohio follows a “fault”-based auto insurance model. The driver responsible (at fault) for the accident must pay for any resulting expenses through their own insurer or out of pocket.

Being adequately insured is especially important in a fault state like Ohio. Without sufficient coverage, you could bear the full financial burden of an incident. Work with us to determine appropriate coverage levels to protect your assets.

The Benefits of Hiring an Independent Auto Insurance Agent?

Purchasing auto insurance on your own can be complex and risky. As independent agents, we guide you through the process with expertise and personalized care.

Access to a Wide Range of Insurance Options

Because we work with so many highly-rated insurance companies, we can present you with various coverage options. You get the convenience of one-stop shopping while still enjoying carrier choices and policies. We find the offer that best balances coverage and cost based on your unique needs.

Knowledge and Expertise in State-Specific Laws

Our team is well-versed in Ohio’s insurance laws and regulations. We stay up-to-date on all the latest changes and requirements, so you don’t have to. Large national carriers may not have the same level of state-specific insight.

Personalized Service and Support

Our approach is centered around our clients. We want to be more than your trusted advisors. When you work with us, you’ll have a dedicated point of contact who’s always available to answer your questions and address your concerns.

The team also gets to know you on a deeper level—your driving history, lifestyle factors, and budget considerations. Doing so allows us to make informed recommendations tailored specifically to what matters most to you. Our priority is providing exceptional ongoing service and support.

Flexibility

One of the best things about working with an independent agent is the flexibility it offers. If you decide you want to switch insurance providers down the line, you can do so without having to find a new agent. We’ll be with you every step of the way, no matter which company you choose.

What is the Most Affordable Auto Insurance for First Time Car Owners?

If you’re a first time car owner, you might be wondering how to get the best deal on auto insurance. The truth is, insurance can be pricier for new drivers, especially if you’re young or have a limited driving history.

The most affordable option is usually to go with the minimum coverage required by law. In Ohio, that’s the 25/50/25 policy we talked about earlier. Companies like Progressive and Erie tend to have some of the lowest premiums for first-time drivers, but it can vary depending on your situation.

The best way to find affordable coverage is to work with an independent auto insurance agent like Carrington Financials. We can help you compare quotes from multiple companies and find the best deal for your needs and budget.

Does It Really Matter Where I Get My Auto Insurance From?

We get it – insurance isn’t the most exciting thing to shop for. With countless insurance ads flooding the airwaves, it’s tempting to go with the name you see most or the first option you come across. But when it comes to protecting your assets, it pays to explore all your options.

We compare pricing and coverage across various reputable carriers. Very often, we save customers money over the premiums quoted by captive agents. Beyond cost, we evaluate how well each insurer’s offerings align with your unique situation.

What Criteria Do Insurance Companies Look At When Forming a Quote?

Auto insurance rates derive from a complex formula weighing various risk factors. As independent agents, we have insight into what drives pricing. Major influencing elements include:

  • Driving history: Insurers view tickets, accidents, DUIs, etc. as indicators of future risk
  • Years of experience: Newer drivers present higher risk
  • Vehicle: Makes/models with higher accident rates or repair costs increase premiums
  • Location: Insurance costs more in areas with higher accident frequencies or theft rates
  • Annual mileage: More miles driven means a higher chance of incidents
  • Gender: Statistically, male drivers under 25 cause more accidents
  • Credit score: Seen as correlating with responsible behavior
  • Insurance history: Gaps in coverage or past canceled policies can increase pricing

Understanding these key criteria allows us to strategize ways to secure you the lowest viable premium. We’ll explore qualifying discounts and optimize policy features accordingly

How Carrington Financials Can Help?

At Carrington Financials, our allegiance rests solely with you, our client. We use our market expertise to secure you optimal coverage at the best rate.

One of the things that sets us apart is our deep roots in the Akron community. We’re not some faceless corporation – we’re your neighbors, and we care about protecting our community. When you work with us, you’re supporting a local business invested in the well-being of Akron and its residents.

Still, while we are proud to call Akron home, our reach extends well beyond Ohio. We hold licenses and have established books of business in Georgia, Texas, and Arizona as well. No matter where you are located, we are equipped to serve your auto insurance needs.

Contact Carrington Financials Today!

Contact Carrington Financials today to discuss your insurance needs. We look forward to helping you travel safely and confidently.