The Best Cheap Philadelphia Car Insurance Companies

The average annual monetary value of minimum-coverage car insurance in Philadelphia is $ 1,217, or about $ 101 per month .
That ‘s $ 602 per year more than state average, making it the most expensive city in Pennsylvania for car policy .
Full-coverage car insurance costs $ 3,738 per year on average, or about $ 312 a calendar month. Despite the high prices of policy in the City of Brotherly Love, it ‘s placid potential to find low-cost policies by comparing quotes from several insurers .
Our sample driver ‘s minimum coverage policy varied by equally much as $ 900 depending on the company he chose, demonstrating the importance of comparing rates from multiple companies.

Cheapest auto insurance in Philadelphia: Erie

Erie and State Farm offer our sample driver the cheapest rates in Philadelphia, on average. Erie ‘s policy costs $ 844 per year while State Farm ‘s costs $ 1,127. Former and current military members are highly encouraged to check out USAA, which has the overall cheapest annual policy at entirely $ 379, or about $ 32 per month .
The most cheap car policy you can buy is a minimum-coverage policy, which is the least come of coverage you need to legally drive in the state .
The graph shows which companies are the cheapest for car insurance in Philadelphia PA

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Rank

Company

Average annual premium

1 Erie $844
2 State Farm $1,127
3 Nationwide $1,407
4 Geico $1,471
5 Progressive $1,522
6 Allstate $1,769
N/A* USAA $379

A minimum-coverage policy will cost less upfront, but in the event you are at demerit for a major accident, you may find yourself paying more in injury and property damage costs above the policy ‘s limits .
A minimum-coverage policy protects you against the cost of damage you cause to others, but it does n’t protect the cost of wrong to your own vehicle. If you drive into a tree, for model, the price of the damage will not be covered under a minimum policy .
If you ‘re looking for more fiscal protective covering against potential indebtedness costs, you may want to increase the limits above a minimum-coverage policy. If you want to protect against the costs of damage to your own car, you should consider a full-coverage policy .

Most affordable full-coverage policy: State Farm

State Farm had the cheapest full-coverage policy policy at a rate of $ 2,658. Erie, the second-cheapest company, is $ 270 more expensive than State Farm. eligible drivers should contact USAA, which has the cheapest coverage overall, at about half the rate of State Farm .

Rank

Company

Average annual rate

1 State Farm $2,658
2 Erie $2,928
3 Nationwide $3,476
4 Geico $4,591
5 Allstate $5,333
6 Progressive $5,801
N/A* USAA $1,379

Full-coverage indemnity is more than three times deoxyadenosine monophosphate expensive as a minimal policy in Philadelphia, but it provides a different character of protection than liability indemnity .
A full-coverage policy meets the minimum-coverage requirements of express jurisprudence while including collision and comprehensive coverage. To summarize collision and comprehensive examination coverage :

  • Collision insurance: covers damage caused when you drive into another vehicle or object.
  • Comprehensive insurance: covers damage caused by something out of your control, including natural disasters, vandalism, theft and terrorism.

A well rule of thumb : Invest in a full-coverage policy if your vehicle is fewer than 10 years erstwhile or worth more than $ 3,000. More specifically, you should consider buying wide coverage if the cost of adding it is less than the value of your vehicle minus the policy deductible. { “ backgroundColor ” : ” methamphetamine ”, ” message ” : ” \u003C\/p\u003E\n\n\u003Cp\u003EA good rule of thumb : Invest in a full-coverage policy if your vehicle is fewer than 10 years old or worth more than $ 3,000. More specifically, you should consider buying full coverage if the cost of adding it is less than the rate of your vehicle minus the policy deductible. \n ”, ” padding ” : ” double ” }

Cheapest full-coverage auto insurance for young drivers in Philly: Erie

Drivers under the old age of 25 are seen as riskier drivers and will much pay well more than older drivers. For model, young drivers insured with Allstate pay an average of $ 11,324 more than the average 30-year-old driver for a full-coverage policy in Philly .
The most low-cost insurers for young drivers seeking a full-coverage policy is Erie and State Farm, which are both under $ 8,000. The cheapest option, USAA, costs $ 2,310 but is alone available to current and early military personnel .

Rank

Company

Average annual rate

1 Erie $6,504
2 State Farm $7,474
3 Nationwide $8,571
4 Geico $9,637
5 Progressive $13,040
6 Allstate $16,657
N/A* USAA $2,310

These costs might be outside your budget, but if you need to get your own policy, the best option is shopping around and asking about discounts. many companies offer discounts for dependable driving, being a good scholar or having security system devices in your car. These discounts can add up to large savings .
Another choice is joining your parents ‘ policy. It will increase their annual premiums, but a combine policy costs much less than having two separate policies .
The average cost of adding an 18-year-old to a couple ‘s car insurance policy costs about $ 1,510 every six months, but the average monetary value of an 18-year-old getting an individual policy is $ 3,589 per six months .

Cheapest car insurance in Philadelphia with a prior accident

Insurers will much raise your rates if you ‘ve been at fault in an accident in the past .
The indemnity party that raised its annual quotes the least following an accident in Philadelphia was The cheapest option, State Farm with an average addition of $ 517. If you ‘re looking for an alternate, Erie increased its price by only $ 820, compared to an average increase of $ 1,823 across our sample insurers .
eligible former and current military members should look into USAA. Its rates increased by $ 521, only $ 4 more than State Farm.

Depending on your insurance company, your annual rate can increase by a much as $ 3,500 or ampere little as $ 500. These differences show how crucial it is that you get barren cable car insurance quotes from multiple insurers and ask about how your own driver profile will affect your quotation .

Rank

Company

Rates before accident

Rates after accident

Difference

1 State Farm $2,658 $3,175 $517
2 Erie $2,928 $3,748 $820
3 Nationwide $3,476 $5,417 $1,941
4 Geico $4,591 $8,127 $3,536
5 Allstate $5,333 $7,601 $2,268
6 Progressive $5,801 $8,961 $3,159
N/A* USAA $1,379 $1,900 $521

Driver history is one of the biggest factors that influences your quote. If you have a history of multiple accidents, your rates will reflect that you ‘re a higher hazard .
In addition to researching different companies and looking into discounts, you should besides ask companies if they have an accident forgiveness policy. Accident forgiveness may cost supernumerary, but it can protect you from a price rise following an accident .

Best auto insurance company in Philadelphia, by customer service

It ‘s not adequate for insurers to fair have the best prices for drivers ; they must besides have exceptional customer service. You do n’t want to deal with dull response times, crude agents or limited service hours after an accident .
Nationwide and Progressive tie for having the best customer service of insurers serving Philadelphia, measured by the rate of customer complaints. Any company with a Complaint Index less than 1.0 has customer servicing that is considered better than average compared to early insurers .

Rank

Insurer

Complaint Index

1 (tie) Nationwide 0.36
1 (tie) Progressive 0.36
3 State Farm 0.57
4 Allstate 0.69
5 Erie Insurance 0.79
6 USAA 1.09
7 Geico 1.21

Although Nationwide and Progressive have the best customer servicing in Philadelphia, their rates are higher than the submit average. Erie and State Farm, which have some of the cheapest rates, are in the middle when it comes to customer service. When selecting insurers, you should balance your desire for better customer serve against the cost of switching insurers .

Average cost of auto insurance, by neighborhood and ZIP code

Every neighborhood of Philly is different, with some having higher rates of crimes or accidents. This will result in policy rates that can vary by the hundreds depending on where you live. We found that residents in the most expensive area, Tioga, can pay an annual average of $ 329 more on minimum car insurance than residents of Pennsport, one of the cheapest neighborhoods .

ZIP code

Neighborhood

Average annual car insurance rate

19102 Logan Circle/Center City West/Center City $1,051
19103 Rittenhouse/Center City West/Center City $1,044
19104 Belmont $1,142
19106 Olde City/Center City East/Center City $1,025
19107 Market Street Department Stores/Washington Square/Center City East/Center City $1,026

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Car insurance agents and agencies in Philadelphia

Most companies require you to purchase a policy through an agent. You may start your quote on-line and get a price, but ultimately it gets passed onto an agent for review. If you prefer to visit an agentive role to start your policy, you can find a few below .

Agent/Agency

Address

1 Pa Auto Insurance Outlet 4901 Frankford Ave, Philadelphia, PA 19124, United States
2 Freedom Insurance Group, Inc 3308 Grant Ave, Philadelphia, PA 19114, United States
3 AAA South Philadelphia Car Care Insurance Travel Center 1601 S Christopher Columbus Blvd, Philadelphia, PA 19148, United States
4 Titan Auto Tags & Insurance 533 Spring Garden St, Philadelphia, PA 19123, United States
5 Nationwide Insurance: Dennis Charles O Neill 850 W Allegheny Ave, Philadelphia, PA 19133, United States

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Driving in Philadelphia: Minimum car insurance coverage requirements

minimum car policy coverage is determined at the state grade. Pennsylvania police sets the car policy requirements at the following limits :

Coverage

Limits

Bodily injury (BI) $15,000 per person/$30,000 per accident
Property damage (PD) $5,000 per accident
Medical payments coverage $5,000 per accident

The coverages listed above are required for every driver in Pennsylvania, but they might not be sufficient to meet your own needs. When shopping for minimum coverage, you should besides ask policy agents about extra coverages they offer. Getting into an accident can cost you hundreds of thousands of dollars if you ‘re not sufficiently protected .
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Methodology

We collected data from seven insurance companies in Philadelphia. Our default driver was a 30-year-old individual man who owns a 2015 Honda Civic EX and shopped for a minimum-coverage policy, except in instances when we state otherwise. He besides has a below-average credit score or no credit history .
When analyzing entire coverage, the following limits were used :

  • Bodily injury liability: $50,000 per person/$100,000 per accident
  • Property damage liability: $25,000 per accident
  • Uninsured/underinsured motorist bodily injury: $50,000 per person/$100,000 per accident
  • Comprehensive and collision: $500 deductible

ValuePenguin ‘s analysis used indemnity pace data from Quadrant Information Services. These rates were publicly sourced from insurance company filings and should be used for comparative purposes lone — your own quotes may be different .

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