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Is your Ohio homeowners insurance spiking? Blame increasing tornadoes, storms

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Is your Ohio homeowners insurance spiking? Blame increasing tornadoes, storms


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  • Home insurance premiums are rising across the U.S., including a 23% increase in Ohio between 2021 and 2024.
  • The rise in tornadoes and other severe weather events in Ohio contributes to these increasing insurance costs.
  • Homeowners can mitigate rising costs by shopping for different coverage options and making preventative home improvements.

More tornadoes and severe weather may translate to pricier home insurance for central Ohioans —but there are things homeowners can do to curb rising costs.

Across the United States, annual insurance premiums for typical homeowners increased by an average of $648, or 24%, from 2021 through 2024, according to a report released in April by the Consumer Federation of America, a national nonprofit established in 1968 to advance consumer interests through research, advocacy and education. In Ohio, premiums increased 23% in that same time period while in Columbus they rose by 16%, the report shows.

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In large part, the rise was driven by more frequent storms doing more damage throughout the country and not just in areas often hit by hurricanes or wildfires, said Sharon Cornelissen, director of housing at the Consumer Federation of America. And while it may appear that worse weather has spared some states, Cornelissen said that won’t always be the case.

“Florida is just the canary in the coal mine. Price pressures continue to rise and we’re seeing more and more disasters happening all over the country,” Cornelissen said. “No state is a climate haven. There is no such thing.”

In 2024 alone, Ohio saw 82 tornadoes, which put the state at 10th in the nation for the most twisters that year, according to the National Oceanic and Atmospheric Administration. The year’s total was the highest number of tornadoes Ohio has seen since at least 1950, the earliest year for which data exists on the NOAA website.

A number of tornadoes touched down in central Ohio and in the Indian Lake area about 75 miles north of Columbus in March 2024. Last year’s twisters came five years after a 2019 tornado leveled homes across the City of Dayton and several of its suburbs.

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The tornadoes, coupled with damaging rain, flooding and hail can all drive up the price of coverage as insurers are are forced to pay for more repairs or entire home replacements, said Mark Friedlander, director of corporate communications at the Pennsylvania-based Insurance Information Institute.

In fact, insured losses from U.S. natural disasters exceeded $100 billion in 2024 for the third time in at least four years, he said.

“If you’re in kind of the same category as tornado alley, that’s a lot of activity… if it was not a historic level of tornadoes, it was pretty close,” Friedlander said of Ohio in 2024. “When you’re seeing a large volume of loss like that, insurers are going to take that into account when they’re determining rates.”

Central Ohioans who have seen their insurance costs rise more than they can afford should shop around for coverage, Friedlander said. Ohio, which is home to Nationwide Insurance and Grange in Columbus and Progressive in the northeast part of the state, has a strong insurance market and plenty of local and national options, Friedlander said.

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Even if homeowners can afford their plan’s price increase, Friedlander said they should check in with an agent every year to ensure their policy still has an adequate level of coverage to cover the total loss of a house.

For homeowners who want to get even more proactive, Friedlander said some insurance companies will also work with clients to take preventative measures and potentially lower their insurance costs.

Roofs and windows, for example, are one of the most vulnerable parts of homes in the path of strong winds or tornadoes, Friedlander said.

But, Friedlander said homeowners can have the connections between the walls and roof of their houses strengthened so they don’t get blown away as easily. Upgrading windows with stronger glass, a common practice in areas where hurricanes are more likely, could also be a way to lower the cost of home insurance, Friedlander said.

Reinforcing a roof or replacing windows, however, can be costly and not an expense every homeowner can easily afford, Cornelissen said.

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Instead, Cornelissen suggested states consider creating grant programs to help fund such home improvements or explore the idea of offering zero interest loans to homeowners who are interested in fortifying their roofs and windows. There also needs to be more information made public on why insurers are increasing premiums or denying coverage to some homeowners so that researchers can asses what’s going on.

If nothing is done, Cornelissen argued that rising insurance prices will prove to be unsustainable for most homeowners in the long run.

“This will price more people out of homeownership,” Cornelissen said. “Pretty much no ZIP code is escaping this fate… This is a call to action.”

Dispatch investigative reporter Max Filby can be reached by email at mfilby@dispatch.com. Find him on X at the handle @MaxFilby or on Facebook at @ReporterMaxFilby.



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Want to pay Ohio BMV, courts with Bitcoin and other crypto? Now you can

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Want to pay Ohio BMV, courts with Bitcoin and other crypto? Now you can


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Months after authorizing crypto as a payment method, Ohio is rolling out more ways to pay certain state fees. The Ohio Treasurer’s Office announced a new digital wallet for residents to pay court fees, the BMV or other state agencies using cryptocurrency and other funds.

The Treasury on May 21 announced the launch of Buckeye Billfold, a digital wallet program that lets residents and businesses pay state agencies using credit cards, bank transfers or crypto, while still keeping cash and checks as options.

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State officials say Ohio will be the first state to authorize and promote statewide use of digital asset payments. Digital wallets are apps that store your credit or debit card information, allowing you to pay using your phone or other devices. Any cryptocurrency used is automatically converted into U.S. dollars at the time of the transaction.

Here’s what to know about how Buckeye Billfold works and where you might see it used.

Ohio launches ‘Buckeye Billfold,’ adding crypto and digital wallet options for state payments

Buckeye Billfold expands how Ohioans can pay for certain state services, giving people more flexibility in how they handle government fees.

“Ohio is leading the way by embracing Bitcoin and cryptocurrency innovation,” Ohio Secretary of State Frank LaRose said in a release, adding that the move is meant to modernize how people interact with state government.

According to the Treasurer’s Office, if you choose to pay with cryptocurrency, it won’t actually stay in crypto. The payment is instantly converted into U.S. dollars, so it processes like a typical transaction.

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State leaders say the move could reduce processing costs and save time for both the government and users. The initiative also builds on earlier attempts to bring cryptocurrency payments into state government, this time with full legal approval and a vendor in place to handle transactions.

Which Ohio agencies currently accept digital wallet payments?

Not all state agencies accept digital wallet or cryptocurrency payments yet, and availability can vary by agency and service. Several Ohio state agencies now accept certain digital currencies for certain payments, but it depends on the agency, the service, and whether you are paying online or in person.

Examples of agencies and courts that currently accept some form of digital or electronic payments include:



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Ohio drivers paying some of the highest gas prices in the nation ahead of Memorial Day travel rush

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Ohio drivers paying some of the highest gas prices in the nation ahead of Memorial Day travel rush


CLEVELAND — Ohio drivers are paying some of the highest gas prices in the country just as millions of Americans prepare to travel for Memorial Day weekend.

According to AAA, Ohio now ranks 10th in the nation for gas prices, with the statewide average at approximately $4.72 a gallon as of Friday. Drivers in Ohio are paying noticeably more than those in neighboring states, including Indiana, Kentucky, West Virginia, and Michigan.

Experts say several factors are fueling the spike, including refinery disruptions in the Midwest and rising global oil prices tied to tensions in the Middle East.

AAA said Ohio is especially vulnerable when major Midwest refineries run into trouble.

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One of the largest issues involves BP’s massive refinery in Whiting, Indiana, the Midwest’s largest and one of the largest in the country. The refinery can process about 440,000 barrels of oil per day and supplies fuel across the region, according to Reuters.

A major issue is the ongoing labor dispute.

Around 800 workers have been locked out since March while contract talks continue with no resolution.

The union has accused BP of using the lockout to pressure workers into accepting concessions on pay, job cuts, and contract terms. BP said negotiations can only continue while the lockout remains in place.

Jim Garrity with AAA said refinery disruptions like the one in Whiting can quickly tighten fuel supplies across the Midwest, causing prices in states like Ohio to rise faster than in other parts of the country.

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“You’ve definitely seen some regional disruptions, and Ohio’s gas today is the 10th highest in the nation,” he says.
But refinery problems are only part of the equation.

Oil prices have also risen globally amid tensions involving Iran and the Strait of Hormuz, one of the world’s most critical oil shipping routes.

The timing is especially tough for drivers because Memorial Day weekend is traditionally one of the busiest travel holidays of the year and marks the unofficial start of the summer travel season.

Despite the higher prices, AAA projects more than 39 million Americans will travel by car this weekend, setting a new Memorial Day travel record.

“We’re not seeing it deter people from taking road trips,” Garrity said. “There’s an enthusiasm to get out there and take these trips.”

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At local car dealerships, rising fuel prices are also changing consumer behavior.

Paul Qua with Classic Auto Group said interest in hybrids and electric vehicles has increased significantly in recent weeks, even among customers who normally prefer traditional gas-powered vehicles.

“That’s really the sweet spot in the car business right now,” Qua said.

AAA said meaningful relief at the pump will likely depend on refinery operations stabilizing and tensions in global oil markets easing.

But for now, millions of Americans are still expected to hit the road this Memorial Day weekend, even as Ohio drivers continue paying some of the highest gas prices in the country.

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Licking County real estate transfers for May 4-8 hit $999,000

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Licking County real estate transfers for May 4-8 hit 9,000



Real estate transfers in Licking County, Ohio, range from $201,520 to $999,000

The following are property transfers recorded in Licking County from May 4-8, 2026.

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First name indicates the seller; second name represents the buyer

Etna Township

  • 71 Gala Ave. SW; Roman, Fotini S and Chalkias, Chris V; Conley, Christopher Matthew Montgomery and Mackenzie Linn; 5/4/2026; $363,000
  • 71 Cosmos Lane SW; Martin, Terrell R and Melody A; Bourizk, Ashley and Philippe M II; 5/4/2026; $360,000

Harrison Township

  • 28 Calumet Drive N.; Vehslage, James A and Nancy L; Murrell, Terry A and Amy L; 5/4/2026; $491,500
  • 173 Mannaseh Drive E.; Williams, David and Kellie; Egler, Steven R and Christine L; 5/4/2026; $475,000
  • 564 Forward Pass; Marcum, Lisa R; Thurcorp LLC; 5/4/2026; $201,520

Heath

  • 549 Kensington Drive; Cole, Donald N; May, William C; 5/4/2026; $300,000

Hebron

  • 4412 Hickory Lane; Flowers, Jaxon L and Allison M (Trustees); Rancier, Marino and Wendy; 5/4/2026; $445,000

Licking Township

  • 110; 118 Sandpiper Drive; Altier, Tyler S and Mandi E; Campbell, Andrea and Robert Duane; 5/4/2026; $999,000
  • 7606 Hupp Road; Mcknelly, Emily; Mindach, Kaden; 5/4/2026; $336,000

Newark

  • 1445 Londondale Pkwy; Dobbs, Todd A; Kaeding Properties LLC; 5/4/2026; $375,000
  • 1661 Stonewall Drive; Abend, Donna J; McDaniel, Drew; 5/4/2026; $320,000
  • 109 Bolton Ave.; Grether, Veronica S; Phillips, Harold Boyd Iv and Hodge, Mackenzie Grace; 5/4/2026; $247,000

Pataskala

  • 1669 Forest View Drive; Cary, Michael S; Carnes, Douglas W and Victoria J (Trustees); 5/4/2026; $585,000
  • 325 Penwood Court; Jackson, Jeffrey Allen; KP Homes LLC; 5/4/2026; $275,000

Reynoldsburg

  • 8827 Firstgate Drive; Holdn LLC; Williamson, Kesean; 5/4/2026; $330,000



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