Cheap Car Insurance Toledo OH tend to pay around $200 more for auto insurance premium than the rest of the state ( OHIO ). Average car insurance in Toledo can cost around $1,418 per year, while average car insurance rate for Ohio is $1,236. In Toledo itself, the difference between the cheapest ( FRANKENMUTH Car Insurance - $792 ) and the most expensive car insurance company ( Kemper Specialty Car Insurance - 2,552 ) is over $1600 a year. We have compared car insurance quotes from multiple companies in Toledo to determine which insurance company offer the cheapest car insurance rates and which has the most expensive quotes. Based on our data Frankenmuth, Grange Insurance and Progressive car insurance offer the cheapest auto insurance rates in Toledo. These three low cost car insurance companies are almost 29% lower than average car insurance rates in Toledo.