Are you regretting buying overpriced GMC Envoy insurance in Philadelphia? Trust us, you are not the only one feeling buyer's remorse.
We don't have to point out that fact that insurance companies don't want you quoting rates from other companies. Consumers who shop around for a cheaper policy will presumably switch companies because of the good chance of finding a lower-cost company. A recent study showed that consumers who made a habit of comparing rates saved on average $3,400 over four years compared to people who never shopped around for cheaper prices.
If finding the lowest price on insurance is your objective, then having some insight into how to shop for auto insurance can save time and make the process easier. Companies like Progressive, State Farm and GEICO increase brand awareness with TV and radio ads and consumers find it hard to ignore the flashy ads and take the time to shop coverage around.
If you have coverage now or just want cheaper coverage, you can use this information to get lower rates without reducing protection. Buying the cheapest car insurance in Philadelphia can really be easy if you know what you're doing. Shoppers just need to learn the quickest method to buy car insurance over the internet.
GMC Envoy insurance discounts in Philadelphia
Insurance is neither fun to buy or cheap, but you may be missing some discounts to cut the cost considerably. Larger premium reductions will be automatically applied at the time of quoting, but some must be asked for prior to receiving the credit.
- Passive Restraints - Factory options such as air bags or automatic seat belts can receive discounts of more than 20%.
- Fewer Miles Equal More Savings - Low mileage vehicles can qualify you for cheaper premium rates.
- Discount for Home Ownership - Just being a homeowner can earn you a little savings because of the fact that having a home requires a higher level of personal finance.
- Driver Safety - Passing a course teaching defensive driver skills could cut 5% off your bill if you qualify.
- E-sign Discounts - Some of the larger companies will discount your bill up to fifty bucks for completing your application on their website.
- Save over 55 - Seniors can get a small discount on rates.
- Renewal Discounts - Some companies provide a discount for switching to them prior to your current Envoy insurance policy expiring. You could save around 10% when you buy Philadelphia car insurance online.
A little note about advertised discounts, most credits do not apply to all coverage premiums. Some only apply to the cost of specific coverages such as comprehensive or collision. Despite the appearance that you could get a free insurance policy, it just doesn't work that way. Any qualifying discounts will lower the amount you have to pay.
Companies that possibly offer many of the previously listed discounts include:
Double check with all the companies to give you their best rates. Some discounts listed above might not be offered on policies in Philadelphia.
The providers in the list below offer free rate quotes in Pennsylvania. If multiple companies are shown, it's a good idea that you visit two to three different companies in order to find the cheapest rates.
You Can Change Your Insurance Premiums
An important part of buying insurance is that you know some of the things that come into play when calculating auto insurance rates. When consumers understand what controls the rates you pay, this allows you to make good choices that may reward you with better auto insurance rates.
The itemized list below are some of the most rate-impacting factors utilized by car insurance companies to help set your prices.
Being married can lower prices - Walking down the aisle can get you a discount when shopping for auto insurance. Having a spouse translates into being more responsible and statistics prove drivers who are married file infrequent claims.
Higher rates for demanding vocations - Jobs like military personnel, executives, and miners generally pay the highest rates because of high stress and incredibly demanding work hours. On the other hand, jobs like farmers, students and homemakers generally pay rates lower than average.
Do safer cars cost less to insure? - Safe vehicles cost less to insure. Safer cars protect occupants better and lower rates of occupant injuries means your insurance company pays less which can result in lower premiums. If your GMC Envoy scored better than an "acceptable" rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
Are you male or female? - Statistics show that females tend to be a little less risky than males. Now that doesn't mean females are better at driving than males. Men and women have at-fault accidents at a similar rate, but the males cause more damage and cost insurance companies more money. Not only are claims higher, but men get higher numbers of serious violations like DUI and reckless driving. Male drivers age 16 to 19 are several times more likely to be in an accident so it costs more to insure them.
Eliminate unneeded extra coverages - There are a ton of extra coverages you can purchase but may not be useful. Add-on coverages like vanishing deductibles, towing, and Farm Bureau memberships are some examples. They may seem good initially, but your needs may have changed so eliminate them to save money.
Consolidate policies and save - Lots of auto insurance companies will award lower prices to clients who have multiple policies with them in the form of a multi-policy discount. The discount can add up to five, ten or even twenty percent. Even if you qualify for this discount already, drivers will still want to shop around to confirm you are receiving the best rates possible.
Do I just need basic coverages?
When quoting and choosing proper insurance coverage for your personal vehicles, there really isn't a "perfect" insurance plan. Your needs are unique to you so your insurance needs to address that. Here are some questions about coverages that can help discover whether you could use an agent's help.
- Do I need medical payments coverage since I have good health insurance?
- Is my son or daughter covered when driving my car?
- How much liability do I need to cover my assets?
- Can I afford to pay high deductible claims out of pocket?
- What is GAP insurance?
- What is UM/UIM insurance?
If you don't know the answers to these questions but a few of them apply then you might want to talk to an agent. To find an agent in your area, complete this form or click here for a list of auto insurance companies in your area. It's fast, doesn't cost anything and can provide invaluable advice.
When to have guidance from an insurance agent
Certain consumers prefer to buy from a licensed agent and that is OK! Good insurance agents are trained risk managers and will help you if you have claims. A nice benefit of comparing auto insurance online is the fact that drivers can get lower rates and still choose a local agent.
To make it easy to find an agent, after completing this simple form, your insurance coverage information is instantly submitted to insurance agents in Philadelphia that provide free Philadelphia car insurance quotes and help you find cheaper coverage. There is no reason to drive around because quoted prices will be sent to your email. If you need to get a rate quote from a particular provider, you just need to navigate to their website and fill out their quote form.
Selecting a insurance company shouldn't rely on just a cheap quote. Agents should be asked these questions:
- Do they offer rental car reimbursement?
- Is vehicle mileage a factor when determining depreciation for repairs?
- Can they provide you with a list of referrals?
- How many years of experience in personal auto insurance do they have?
- Can glass repairs be made at your home?
- Do the coverages you're quoting properly cover your vehicle?
If you prefer to buy auto insurance from a reliable insurance agent, you need to know there are two different types of agents and how they are distinctly different. Auto insurance policy providers may be either exclusive or independent. Both can insure your vehicles, but it's a good idea to understand how they are different since it can impact the type of agent you choose.
Exclusive Insurance Agencies
Agents that elect to be exclusive are contracted to one company like State Farm, Allstate, and Farm Bureau. Exclusive agencies are unable to provide rate quotes from other companies so always compare other rates. They receive a lot of sales training on what they offer which aids in selling service over price.
Below is a list of exclusive insurance agencies in Philadelphia that are able to give comparison quotes.
George Kweder - State Farm Insurance Agent
1521 W Oregon Ave - Philadelphia, PA 19145 - (215) 467-1837 - View Map
Independent Agencies or Brokers
These type of agents can quote rates with many companies so they can write business with a variety of different insurance companies and find you cheaper rates. If you are not satisfied with one company, your policy is moved internally and you don't have to switch agencies.
When searching for an agent, it's a good idea to include price quotes from several independent insurance agents to get the best comparison.
Listed below are independent agencies in Philadelphia that are able to give comparison quotes.
It may be expensive, but it's not optional
Despite the high insurance cost for a GMC Envoy in Philadelphia, maintaining insurance is required in Pennsylvania but also provides important benefits.
First, just about all states have mandatory insurance requirements which means the state requires specific minimum amounts of liability insurance 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.
Second, if your car has a loan, most lenders will require that you have insurance to guarantee payment of the loan. If you do not keep the policy in force, the bank may buy a policy for your GMC at a significantly higher premium and require you to fork over much more than you were paying before.
Third, auto insurance protects not only your car but also your assets. It will also pay for many types of medical costs for both you and anyone you injure as the result of an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, your policy will cover the damage repairs after a deductible is paid.
The benefits of having auto insurance greatly outweigh the cost, especially for larger claims. Today the average American driver overpays as much as $865 each year so shop around at least once a year to be sure current rates are still competitive.
Auto insurance savings summarized
There are still a few companies who don't offer rates over the internet and most of the time these small insurance companies work with independent agents. Lower-priced GMC Envoy insurance in Philadelphia can be purchased on the web in addition to local insurance agencies, and you need to price shop both to have the best selection.
In this article, we covered quite a bit of information on how to get a better price on GMC Envoy insurance in Philadelphia. The most important thing to understand is the more rate quotes you have, the higher your chance of finding cheaper Philadelphia car insurance quotes. Drivers may even discover the best premium rates are with a lesser-known regional company. These companies may often insure only within specific states and give better rates than their larger competitors like Allstate and Progressive.
Additional detailed information can be found by following these links:
- Information for Teen Drivers (GEICO)
- Who Has Affordable Philadelphia Car Insurance Rates for Single Moms? (FAQ)
- How Much is Car Insurance for a Chevrolet Silverado in Philadelphia? (FAQ)
- How Much is Philadelphia Auto Insurance for Teenage Males? (FAQ)
- Who Has Cheap Auto Insurance for a School Permit in Philadelphia? (FAQ)
- What if I Can't Find Coverage? (Insurance Information Institute)
- Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
- Older Driver Statistics (Insurance Information Institute)