Cheap Auto Insurance in Philadelphia, PA
In the market for cheap auto insurance in Philadelphia, PA? At CheapCarInsuranceinc.com, you could find the lowest cost insurance rates within your town. In order to obtain free car insurance quotes offered by the leading providers immediately, enter your zip code within the quote box in this posting.
The “City of Brotherly Love” has a long history and a deep culture dating all the way back to the colonial period of US history. It is the largest city within the state, and the beautiful landscape partnered with metropolitan attractions keep new citizens coming to settle there. It is home to the Liberty Bell and multiple information-based industries.
- Fun fact: book a tour guide, because Philadelphia is #4 (19106) on the main list of “Top 101 zip codes with the most museums in 2005”. Learn more about Philadelphia by clicking here.
Coverage Requirements - Auto Insurance in Pennsylvania
Driving legally in Philadelphia requires:
| Coverage | Requirements | Most Common |
| Liability Bodily Injury | 15,000/30,000 | 100,000/300,000 |
| Liability Property Damage | 5,000 | 50,000 |
| Bodily Injury - Motorist Uninsured | Not required | 100,000/300,000 |
| Medical Payments | 5,000 | 5,000 |
| Collision | Not required | 500 deductible |
| Comprehensive | Not required | 100 deductible |
Liability coverage is an almost universal requirement for most drivers in most states. With this coverage, you are capable of being financially responsible if you cause an accident. The medical payments coverage also helps if you or someone else gets injured and requires medical treatment as the result of an accident.
On average, the majority of Pennsylvania drivers must pay up to $120 each month or more for their insurance premiums. But Philadelphia motorists can lower that down to $82/mo* or less by taking advantage of excellent discounts that we’ll talk about below.
Cal Casualty, Allied, and State Auto are all trying to attract business by offering low rates to drivers in the Philadelphia area. But remember, an insurance provider is more than just a low rate. You also have to do your research and make sure they will be there for you when you need to file a claim.
Auto insurance providers evaluate multiple elements when establishing insurance prices, such as driving experience, zip code, credit rating, how many miles you drive annually, and whether or not there are multiple cars and drivers on your policy. Furthermore, premiums usually differ from carrier to carrier. To verify you are currently being charged the lowest-cost premium, assess cheap Pennsylvania auto insurance prices over the internet.
Most Auto Insurance Facts to know in Philadelphia
The moment your car insurance provider sits down to come up with your insurance policy, they take lots of elements into mind. A few of these, for example your real age or your precise address, are usually not possible to improve. Some alternative elements are:
- Your Zip Code
The place you store your car every night tends to have a significant effect on your car insurance rate. In general, auto insurance costs less in non-urban areas simply because fewer vehicles means a reduced chance that you’ll get into an expensive or significant collision with some other vehicle. The populace of Philadelphia is 1,553,165 plus the typical family earnings are $36,836.
- Automobile Accidents
Philadelphia might have over 1.5 million residents, but that doesn’t mean providers in your area aren’t artificially raising rates to protect against the high rate of significant accidents. You can, however call your local agent and talk about what you can do to improve your rate, or if you qualify for a safe driver discount.
- Car Thieving in Philadelphia
Sometimes in small cities or outlying towns, auto theft may still be a dilemma. To make it a lesser issue in your case, consider putting in a passive anti-theft system within your current motor vehicle. Your current car insurance company may reward you with lower prices! Within Philadelphia, they had 5,791 Car Thieving in 2013. Rates are decreasing, but they are still a little high per capita. And only Comprehensive coverage will pay out on auto theft claims for stolen or damaged vehicles.
- Your Credit Score
In most states, you will probably end up forking out more for insurance premiums if you have a low credit score. These financial penalties are especially high for Pennsylvania drivers, especially when it comes to providers like State Auto or Mercury.
- Your Age
Teenage motorists, Regrettably, do have a challenge when it comes to finding affordable insurance rates. Anyone under the age of 25 could end up forking out hundreds of dollars each month, unless they qualify for Driver’s Ed or Good Student discounts.
- Your Driving Record
Unlike other states, insurance providers in Pennsylvania are a little bit laxer when it comes to charging more for driving violations. However, that doesn’t mean you can’t get an even better deal, especially if your provider offers Accident Forgiveness discounts.
- Your Vehicle
The more coverage you purchase, the more expensive it will be to keep your vehicle insured. That’s why less expensive cars, older cars, and cars which don’t require large coverage limits are so much cheaper to insure. Full coverage on a luxury vehicle, on the other hand, results in a significant monthly expense.
Minor Car Insurance elements in Philadelphia
These lesser elements can have their own influence on how much you get charged monthly:
- Your Marital Status
If you bring your insurance provider more business, they will likely reward you with discounts on existing policies. This includes bundling your auto policy with that of your spouse, or taking on a homeowner’s insurance policy in addition to your Automobile one.
- Your Gender
Should men be charged more, or women? That is the question that, it seems, each and every different insurance company has their own answer for. Some charge more for men, others for women, and yet still some don’t even bother to charge a different rate.
- Your Driving Distance to Work
Regrettably, driving around in Philadelphia can be a hassle for many drivers. Average commute times to work can last between 29-48 minutes for the 48% motorists who want to drive their own vehicle. Other ways to get around Philadelphia include carpools (18%), Busses (16%), and walking (5%).
Interested in an easy way to reduce your monthly rate, such as driving less? Well, don’t bank on it too much. The truth is that even to get a moderate 4-5% discount, you’d have to drive 10,000 fewer miles or more just to see any savings.
- Your Coverage and Deductibles
Interested in lowering your monthly payment? Raising your deductible is a good way to do it. However, if the worst happens and you have to file a claim, you will be financially responsible for forking out that deductible. So make sure you can cover your costs before you change your policy.
- Education in Philadelphia, PA
Over one-third of Philadelphia residents have made it through high school and earned a diploma (if not some other equivalent. Furthermore, a little less than 29% have yet to complete their high school education. Though it may be hard to believe, your level of education has something to do with how much you pay for car insurance; the higher your degree, the higher your discount.
Philadelphia enjoys one of the highest concentrations of institutions for higher education within the entire country. Amongst these are six different medical schools, Haverford College, and Swarthmore College, among many others. Philly is also the site for the University of Pennsylvania.
Finding affordable auto insurance can easily end up being a headache. There’s lots of information you need to look at, and determining the way in which insurance providers evaluate your potential risk may well be complicated. But try not to let the wrong insurance provider to convince you to purchase a bad policy.
How We Conducted Our Car Insurance Analysis
Sources:
Pennsylvania Insurance Department
The Philadelphia Courts – Office of Financial Services
Department of Highway Safety and Motor Vehicles
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