Best Quotes for Chevy Traverse Insurance in Philadelphia

Do you want to save money by buying cheaper Chevy Traverse insurance in Philadelphia? Consumers who are new to comparing auto insurance rates on the internet are likely to find purchasing cheap Traverse insurance is nearly impossible.

Unthinkable but true, about 70% of customers have stayed with the same insurance company for well over three years, and nearly the majority have never even compared rates from other companies. American insurance shoppers can cut their rates by as much as $859 a year by just comparing rate quotes, but they just assume it’s a time-consuming process to compare rates and save money.

Consumers should take time to compare premium rates on a regular basis because insurance prices change quite often. Despite the fact that you may have had the best price on Chevy Traverse insurance in Philadelphia last year the chances are good that you can find a lower rate quote today. Forget all the misinformation about auto insurance because you’re about to learn one of the easiest ways to find better coverage on Chevy Traverse insurance in Philadelphia at a better price.

If you have a policy now, you will surely be able to find better prices using the techniques covered below. Comparing quotes for the cheapest protection in Philadelphia is not that difficult. Although Pennsylvania vehicle owners need to learn the way insurance companies determine how much to charge because rates are impacted by many factors.

When comparison shopping, having more price comparisons helps you find the best rates. Some companies don’t provide online rate quotes, so it’s important to also get price quotes from those companies as well.

The car insurance companies shown below are ready to provide quotes in Pennsylvania. If multiple companies are listed, it’s a good idea that you visit two to three different companies to get a more complete price comparison.

Lower rates by qualifying for discounts

Car insurance is not cheap, but there may be some discounts that many people don’t even know exist. Larger premium reductions will be automatically applied at quote time, but some need to be asked for prior to getting the savings.

• Early Renewal Discounts – A few larger companies give discounts for signing up before your current expiration date. The savings is around 10%.
• Waiver for an Accident – Not a discount per se, but some companies like State Farm and Allstate permit an accident without the usual rate increase if your claims history is clear prior to being involved in the accident.
• Anti-lock Brake Discount – Cars with anti-lock braking systems can avoid accidents so you can save 10 percent or more.
• Seat Belts Save more than Lives – Requiring all passengers to buckle their seat belts can save up to 10 percent (depending on the company) on medical payment and PIP coverage.
• Theft Deterrent – Vehicles equipped with anti-theft or alarm systems have a lower chance of being stolen and qualify for as much as a 10% discount.
• Multi-Vehicle Discounts – Buying coverage for several vehicles with the same insurance company can reduce the rates for all insured vehicles.
• Membership in Organizations – Being in a civic or occupational organization in Philadelphia may earn a discount on your next insurance statement.
• Claim-Free Discount – Good drivers with no accidents can earn big discounts when compared to policyholders that have many claims.
• Onboard Data Collection – Insureds who allow driving data collection to analyze when and where they use their vehicle by using a telematics device like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease if they have good driving habits.
• Defensive Driver Discounts – Participating in a class that teaches defensive driving techniques is a good idea and can lower rates if your company offers it.

While discounts sound great, it’s important to understand that most credits do not apply to the entire policy premium. Most only reduce the cost of specific coverages such as medical payments or collision. Just because it seems like you can get free auto insurance, that’s just not realistic.

The information below shows the difference between Chevy Traverse annual premium costs with and without policy discounts. The premiums are based on a female driver, a clean driving record, no at-fault accidents, Pennsylvania state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, multi-car, multi-policy, marriage, and claim-free discounts applied.

A few companies that may offer these benefits include:

• Progressive
• SAFECO
• American Family
• MetLife
• GEICO
• The Hartford

When getting a coverage quote, ask every prospective company what discounts are available to you. Some discounts may not be offered everywhere. To see a list of insurance companies offering insurance discounts in Philadelphia, follow this link.

Analysis of Chevy Traverse rates

The rate information shown next showcases different insurance premium costs for Chevy Traverse models. Knowing how insurance prices are calculated can assist in making informed purchases.

Prices above based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Rates do not factor in specific location information which can increase or decrease rates substantially.

Auto insurance deductibles

The hardest decision when buying coverage is which comprehensive and collision deductibles to buy. The premium rates below can help you visualize the difference in cost when you select higher and lower deductibles. The first set of rates uses a $250 physical damage deductible and the second set of rates uses a $500 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Rate quotes do not factor in specific location which can influence insurance rates significantly.

Based on the data above, we can derive that using a $250 deductible costs approximately $13 more each month or $156 a year than quoting the higher $500 deductible. Since you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you normally average at a minimum 19 months between claims, you would more than likely save some money if you opt for a higher deductible.

Accidents and violations increase rates

The diagram below highlights how traffic violations and at-fault collisions can influence Chevy Traverse car insurance rates for different age groups. The premiums assume a single male driver, full physical damage coverage, $250 deductibles, and no discounts are factored in.

Auto insurance premiums by gender

The example below illustrates the difference between Chevy Traverse car insurance rates for male and female drivers. The premiums are based on no violations or claims, full physical damage coverage, $500 deductibles, single status, and no policy discounts are applied.

Full coverage versus liability-only

The diagram below visualizes the comparison of Chevy Traverse car insurance rates with full physical damage coverage and with liability coverage only. The costs are based on no driving violations, no at-fault accidents, $1,000 deductibles, drivers are single, and no other discounts are factored in.

When to buy liability coverage only

There is no specific rule of when to drop physical damage insurance, but there is a broad guideline. If the annual cost of coverage is more than about 10% of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.

For example, let’s say your Chevy Traverse replacement cost is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $8,000 after paying your policy deductible. If you are paying more than $800 annually for your policy with full coverage, then you may want to consider only buying liability coverage.

There are some scenarios where dropping physical damage coverage is not a good idea. If you haven’t paid off your loan, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should keep full coverage on your policy.

Getting quotes from local Philadelphia car insurance agents

A small number of people still prefer to sit down and talk to an agent and that is recommended in a lot of cases The best thing about price shopping on the web is you may find cheaper car insurance rates and still buy from a local agent. And supporting local agencies is especially important in Philadelphia.

To help locate an agent, after submitting this form (opens in new window), your information is immediately sent to insurance agents in Philadelphia that can provide free Philadelphia car insurance quotes and help you find cheaper coverage. You won’t even need to drive around since price quotes are sent directly to you. Get lower rates and an insurance agent to talk to. If for some reason you want to compare prices from a specific company, you just need to jump over to their website and fill out their quote form.

The difference between Philadelphia auto insurance agents

When narrowing the list to find a local Philadelphia insurance agency, it can be helpful to understand the different types of agents that differ in how they can insure your vehicles. Insurance agents are classified as either exclusive or independent agents depending on their company appointments.

Independent Insurance Agencies or Brokers

These agents can quote rates with many companies so as a result can place your coverage with multiple insurance companies and possibly get better coverage at lower prices. If they find a lower price, your agent can just switch to a different company and you don’t have to do anything.

If you are comparing rate quotes, you need to include at least one independent agent so that you have a good selection of quotes to compare. They also have the ability to place coverage with less well-known companies which can be an advantage.

Below is a partial list of independent insurance agents in Philadelphia who may be able to give you free insurance rate quotes.

• Juniata Ins Agency
  1206 E Hunting Park Ave – Philadelphia, PA 19124 – (215) 533-9701 – View Map
• Terra Insurance Services
  1879 Cottman Ave – Philadelphia, PA 19111 – (215) 742-3743 – View Map
• The Gannon Insurance Agency Inc
  2704 Street Rd – Bensalem, PA 19020 – (215) 891-9990 – View Map

More Philadelphia agents

Exclusive Agencies

These agents are contracted to one company and examples are Allstate, Farmers Insurance or State Farm. They usually cannot provide prices from multiple companies so always compare other rates. Exclusive insurance agents are highly trained in insurance sales which helps them sell insurance even at higher premiums. Some people will only buy insurance from these agents mainly due to the brand and the convenience of having all coverages with one company.

The following are exclusive insurance agents in Philadelphia who can help you get rate quotes.

• Les Moore – State Farm Insurance Agent
  6750 N 5th St – Philadelphia, PA 19126 – (215) 224-4400 – View Map
• State Farm: Brian Cover
  7005 Bustleton Ave – Philadelphia, PA 19149 – (215) 332-9000 – View Map
• Jeff Gottesman – State Farm Insurance Agent
  9551 Bustleton Ave – Philadelphia, PA 19115 – (215) 725-1000 – View Map

More Philadelphia agents

Choosing a insurance agent should include more criteria than just a cheap price. Any agent in Philadelphia should be forthright in answering these questions:

• Do they reduce claim amounts on high mileage vehicles?
• Do you work with a CSR or direct with the agent?
• Do the agents have professional certifications like CPCU or CIC?
• Can glass claims be handled at your home?
• Is their price quote a firm figure or are their hidden costs?
• Are they able to provide referrals?
• If you are a high risk driver, do they have special markets for your coverage?
• What is their Better Business Bureau rating?

Lower Insurance Rates with These Tips

Smart consumers have a good feel for the rating factors that come into play when calculating your premiums. When consumers understand what impacts premium levels, this allows you to make educated decisions that may reward you with better car insurance rates. Multiple criteria are part of the equation when you get your auto insurance bill. Most are fairly basic like your driving record, but some are not quite as obvious like where you live or how safe your car is.

High physical damage deductibles equal low rates – The deductibles define the amount the insured will be required to pay if a claim is determined to be covered. Physical damage insurance, aka comp and collision, insures against damage to your car. Some examples of claims that would be covered would be rear-ending another vehicle, vandalism, or theft of your vehicle. The more you have to pay, the less your company will charge you for insurance.

Policy add-ons add up – There are many add-on coverages that can waste your money if you aren’t diligent. Things like roadside assistance, towing coverage, and motor club memberships are some examples. The coverages may be enticing when buying your policy, but your needs may have changed so get rid of them and save.

Do you really need to file that insurance claims? – Insurance companies in Pennsylvania provide the lowest premiums to drivers who file claims infrequently. If you file claims often, you can definitely plan on either a policy non-renewal or much higher rates. Your car insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.

The higher your credit score the lower your premiums – Credit score will be a significant factor in determining what you pay. Therefore, if your credit rating could use some work, you could be paying less to insure your Chevrolet Traverse if you clean up your credit. People with excellent credit scores tend to file fewer claims than drivers with poor credit scores.

Prices are impacted by vehicle performance – The performance level of the car you are trying to find cheaper insurance for makes a substantial difference in your rates. Lower performance four cylinder passenger cars receive the most favorable rates, but the cost you end up paying is determined by many additional factors.

The following data assumes a single female driver age 40, full coverage with $250 deductibles, and no discounts or violations. The data compares Chevrolet Traverse car insurance rates compared to other models that have different performances.

Chevy Traverse claim data – Insurance companies use past insurance losses when they set coverage costs for each model. Vehicles that tend to have higher frequency or amount of claims will cost more for coverage. The table below outlines the compiled insurance loss statistics for Chevy Traverse vehicles.

For each coverage type, the claim amount for all vehicles as a whole is set at 100. Values that are below 100 are indicative of better than average losses, while numbers shown that are more than 100 indicate higher probability of having a loss or statistically larger losses.

Buying the right Chevy vehicle insurance in Pennsylvania is an important decision

Even though it can be expensive, insurance may not be optional for several reasons.

• The majority of states have minimum liability requirements which means you are required to carry specific minimum amounts of liability insurance coverage if you drive a vehicle. In Pennsylvania these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If you bought your vehicle with a loan, it’s guaranteed your bank will make it a condition of the loan that you carry insurance to ensure they get paid if you total the vehicle. If you let the policy lapse, the bank may insure your Chevy at a more expensive rate and force you to pay for the expensive policy.
• Auto insurance preserves not only your car but also your assets. It will also pay for medical bills for you, your passengers, and anyone else injured in an accident. As part of your policy, liability insurance also covers legal expenses if someone files suit against you as the result of an accident. If your Chevy gets damaged, your auto insurance policy will pay to repair the damage.

The benefits of having auto insurance greatly outweigh the cost, particularly when you have a large claim. According to a 2015 survey, the average American driver is currently overpaying as much as $855 a year so it’s recommended you shop around at least once a year to be sure current rates are still competitive.

Find affordable rates by being thorough

When you buy Philadelphia car insurance online, it’s a bad idea to skimp on critical coverages to save a buck or two. In many cases, someone sacrificed collision coverage only to regret they didn’t have enough coverage. Your strategy should be to purchase plenty of coverage for the lowest price while not skimping on critical coverages.

Cheap Chevy Traverse insurance in Philadelphia is attainable both online and from local insurance agents, so you need to quote Philadelphia car insurance with both to get a complete price analysis. Some companies may not have price quotes online and many times these regional insurance providers sell through independent insurance agents.

Insureds who switch companies do it for a number of reasons such as high rates after DUI convictions, unfair underwriting practices, being labeled a high risk driver or even delays in paying claims. Regardless of your reason, finding the right auto insurance provider is pretty easy and you might even save some money in the process.

Helpful learning opportunities

• Avoiding Deer Collisions (Insurance Information Institute)
• How Much is Philadelphia Auto Insurance for Teachers? (FAQ)
• What Auto Insurance is Cheapest for Postal Workers in Philadelphia? (FAQ)
• How Much are Auto Insurance Rates for a Toyota Camry in Philadelphia? (FAQ)
• Auto Insurance Learning Center (State Farm)
• Booster Seat Ratings (iihs.org)
• No-Fault Auto Insurance Statistics (Insurance Information Institute)