Ohio Auto Insurance

Ohio is forecasting modest increases in Ohio auto insurance rates through the end of 2008 and even larger increases in homeowners premiums.

State insurance director Mary Jo Hudson revealed the prediction Monday while announcing that average insurance rates charged by Ohio's top ten auto insurance companies fell 2.6% in 2007. Rates for homeowners insurance went up an average 1.5%.

The National Association of Insurance Commissioners says Ohio's car insurance rates were the 13th lowest in the country last year and the state ranked 6th among those with the least expensive homeowners policies.