The average cost for car insurance in Columbus is between $1,095 and $2,395.
You may be able to lower your rates by talking to a Spanish-speaking licensed insurance agent (if needed) and see if you qualify for any of the following:
High risk drivers or those drivers with multiple tickets or accidents will certainly have to pay more for insurance than those drivers with good records.
Try contacting an independent agent. He or she have the ability to offer free auto insurance quotes from multiple companies which could help you find the best insurance for the cheapest price.
There are many reasons a person may have their license suspended:
Too many traffic tickets or accidents, convicted of a DUI/DWI, letting insurance lapse, etc.
The Ohio Bureau of Motor Vehicles requires that you carry an SR22 Bond once your license has been reinstated. Sometimes referred to as “SR-22 certificate”, SR22 Bond is a vehicle liability insurance endorsement for "high-risk" drivers.
There are many types of insurance coverages that business owners in Columbus can choose from and purchase. These different plans protect your company or small business from the different risks you can be exposed to during normal business operations.
The most common and most general type of business insurance is a Business Owner’s Policy (BOP) for small business insurance needs. It is divided into 3 parts:
There are, however, several other types of insurance plans for a small business owner to consider:
Protects your business from claims the result in Bodily injury to someone else, Property damage and Personal injury, like libel or slander.
Protects your building, whether owned or rented, and any equipment used to run your business.
(Also called “Business Interruption Insurance”) – Will replace lost income to cover expenses, like rent or payroll should you not be able to operate your business due to property damage.
Extends the coverage limits for some of your liability policies. (For example, if a claim or lawsuit exceeds the limits of your policy, umbrella insurance can help cover the difference.)
Protects you and your employees on the road if you drive company-owned vehicles for business. This is important because a personal car insurance policy won’t cover claims in an accident caused with a business-owned vehicle.
(Also called E&O or Errors and Omissions) – covers lawsuit claims.
Provides your employees with benefits if they get hurt or sick from their job to help cover:
(Also referred to as Cyber Insurance) - Helps your business respond to a data breach if personal information gets lost or stolen.
In addition, if you are a contractor or have a small business within the construction field, whether, tile worker, dry-wall, roofing, painting, plumbing, to name a few, then you will often be required to carry Surety Bonds in order to bid on and perform certain construction and remodeling projects.
The major types of surety bonds are:
Contractor License bonds guarantees that the contractor will conduct business lawfully and ethically and that their work meets industry standards.
Bid bonds guarantee that if you are chosen as the winning bidder, you will accept the job. For projects valued at $100,000 or more, federal law requires all contractors to carry a Bid bond.
Performance bonds or contract bonds guarantee that, you as the contractor will complete the project according to industry standards and laws.
Payment bonds guarantee all workers, subcontractors, and suppliers will be paid according to the terms of the contract.
Generally, a project will require bid, performance and payment bonds.
Homeowners in Columbus pay well below the national average ranging between $865 and $950 per year for a typical policy. This is good news since all lenders require homeowners to carry enough insurance to cover the balance of their home loan.
Even with low costs for insurance, there are still ways to find cheap home insurance:
There are many insurance agents who work within the Hispanic communities who can help you get a free home insurance quote and see if you qualify for discounts.
The place a person calls home is different from the next person.
Single family dwellings are often covered by home insurance. However, if you are renting a home, then you can purchase renters insurance to cover your personal items, while the home owner covers the structure with their own plan.
Condominium insurance is similar to renters or tenant insurance. The condo association will carry insurance to cover the building and property structures, while you can purchase a policy to cover your personal items like clothing, electronics and furniture.
Manufactured home insurance is the same as regular home insurance. Unfortunately, since manufactured homes are at higher risk for environmental damage, insurance rates are also higher.
There are several ways for you to find and purchase health insurance coverage.
The largest percentage of health insurance coverage is through a person’s employer. To qualify for these plans, an employee typically has to work more than 30 hours per week and be employed for more than 90 days, though these terms can vary.
You can contact any health insurance company’s customer service or go to the company’s website to view available plans and pricing.
Most insurance agents work for a single health insurance company and can only give quotes based on that company’s products and services. Brokers, often referred to as “independent agents”, can generally sell plans from several different companies. Both are paid by the insurance company they sell through, so there is not a price difference for you.
During the open-enrollment period, generally from the beginning of November until mid-December, you can apply and enroll for health insurance through the Marketplace website. There you can determine if you qualify for any federal assistance to off-set the cost of health insurance and also compare several plans to find the best insurance for the cheapest price.
The only way to get one of the health insurance plans offered through the Marketplace Exchange, as well as the federal subsidy, is through Ohio’s Health Insurance Marketplace website. However, if you do not qualify for federal assistance, then you could certainly get free health insurance quotes from an insurance agent or broker and see if there are other health plans that better suit your individual or family needs.
The Bilingual Insurance Agency Directory. Since 2008, Seguro-Insurance.com has helped consumers find affordable insurance rates in their native language.
