You have most likely seen the captivating commercials from car insurance companies like State Farm and Allstate that claim big savings, so drivers should just pick the one with the catchiest commercial, right?
Unfortunately, it’s just not that easy, as there are many unknown elements such as your gender, if you have a spouse, and your financial responsibility. We will try to cover the best ways to pay less and will give you a good start in finding the cheapest insurance in Pennsylvania.
One of the more important criteria that are looked at to help calculate auto insurance rates is your address in Philadelphia. Areas with increased crime or more people are more likely to pay higher prices, whereas areas with lower crime rates and fewer weather claims have the luxury of lower rates.
The information below shows the most expensive areas in Pennsylvania for 19 year olds to purchase auto insurance in. Philadelphia is ranked at #1 with the annual price of $1,977 for the average insurance policy, which is about $165 per month.
|Rank||City||Premium Per Year|
|17||Municipality of Monr||$1,049|
|Compare Prices Now Go|
Prices are approximated as vehicle location can impact price quotes significantly.
The type of vehicle you are insuring is a significant factor that determines whether or not you find cheap coverage for 19 year olds. Vehicles with higher performance characteristics, poor passenger safety features, or an increased likelihood of liability claims will cost more to insure than safer models. The next list shows insurance rates for a handful of the most economical automobiles to buy insurance for.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Ford Escape XLT 2WD||$12,625|
|Honda CR-V LX 2WD||$12,631|
|Hyundai Elantra GLS Touring Station Wagon||$12,625|
|Jeep Wrangler Sport 4WD 2-Dr||$13,067|
|Chevrolet Silverado LS Regular Cab 4WD||$13,945|
|Ford Explorer XLT AWD||$14,104|
|Ford Edge SEL 2WD||$14,828|
|Ford Focus SE 4-Dr Sedan||$14,833|
|Toyota Camry LE||$14,986|
|Toyota RAV4 Limited 2WD||$14,995|
|Dodge Grand Caravan Hero||$14,986|
|Chevrolet Impala LT||$14,995|
|Jeep Grand Cherokee Laredo 4WD||$14,986|
|Ford F-150 Lariat Crew Cab 4WD||$15,150|
|Dodge Ram 3500 Crew Cab Laramie 2WD||$15,158|
|Honda Civic EX 4-Dr Sedan||$15,706|
|Toyota Corolla XLE||$15,865|
|Honda Odyssey EX-L W/Rear Entertainment||$15,873|
|Toyota Tacoma X-Runner 2WD||$15,865|
|Find Cheaper Rates Go|
Table data represents single male driver age 19, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Pennsylvania minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium amounts do not factor in zip code location which can modify price quotes substantially.
Based upon the table data, we can presume that cars like the Ford Escape, Honda CR-V, Hyundai Elantra, and Jeep Wrangler are going to be a few of the most affordable vehicles to insure for teenage drivers. The price of auto insurance will be more expensive just because there is more exposure for 19 year olds, but generally speaking those particular vehicles will have the best rates that you are likely to find.
The example below demonstrates how deductibles can impact insurance prices when quoting cheap insurance for 19 year olds. The data is based on a married female driver, comp and collision included, and no discounts are applied.
The data above shows that a 30-year-old driver could cut expenses by $354 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $532 by using a $1,000 deductible. Younger drivers, such as the 20-year-old chart data, can cut up to $750 or even more by selecting a higher deductible. If you do make the decision to raise your deductibles, it will be necessary to have plenty of discretionary funds to enable you to pay the extra out-of-pocket expense, which deters some drivers from choosing higher deductibles.
How to find a good Pennsylvania auto insurance company
Selecting the top auto insurance provider is difficult considering how many different insurance companies sell coverage in Philadelphia. The company information in the lists below could help you select which providers you want to consider when shopping around.
These ratings include companies who write in the majority of U.S. states, so companies that only write business in Pennsylvania or surrounding areas are not taken into consideration for the list. To get price quotes from many more Pennsylvania auto insurance companies, simply click here.
Top 10 Major Auto Insurance Providers in Philadelphia Ranked by Value
- The General
- The Hartford
- Titan Insurance
- Farmers Insurance
- 21st Century
- Safeco Insurance
- AAA Insurance
- State Farm
Top 10 Major Auto Insurance Providers in Philadelphia Ranked by Customer Service
- Titan Insurance
- The Hartford
- American Family
- State Farm
- Erie Insurance
Rate difference between full and liability-only coverage
Finding the cheapest auto insurance is the goal of most people, and an easy way to lower the cost of insurance for 19 year olds is to buy only liability coverage. The chart below shows the difference between insurance premiums with full physical damage coverage compared to only buying the minimum liability limits required in Pennsylvania. The data assumes a clean driving record, no claims, $100 deductibles, single marital status, and no policy discounts are applied.
If averaged for all ages, comprehensive and collision coverage on your policy costs an additional $2,528 per year over and above liability only. That amount may make you wonder if full coverage is worth the money. There is no definitive formula of when to eliminate physical damage coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than about 10% of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.
For example, let’s pretend your vehicle’s replacement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would receive is $7,000 after paying your policy deductible. If it’s costing in excess of $700 a year for physical damage coverage, then you might want to consider buying only liability coverage.
If you aren’t sure which coverage you need and prefer to have some advice when comparing insurance rates for teenage drivers, the agents below can aid you in deciding which auto insurance policy fits you best.
To locate a Philadelphia car insurance agency by location nearest to you, click the link at the bottom or click here to get price quotes now.
Terra Insurance Services
1879 Cottman Ave – Philadelphia, PA 19111 – (215) 742-3743
Steven Breinlinger – State Farm Insurance Agent
7904 Germantown Ave – Philadelphia, PA 19118 – (267) 323-2923
Nigro Insurance Agency
35 Letitia St – Philadelphia, PA 19106 – (215) 278-9633
John Nicolucci – State Farm Insurance Agent
6001 Ridge Ave – Philadelphia, PA 19128 – (215) 482-7000
How to find the cheapest auto insurance for 19 year olds
Below you’ll find some of the recommended penny-pinching ideas that can help drivers buy more affordable coverage.
- Higher deductibles save money
- On older vehicles, drop full coverage
- Staying accident-free helps keep rates low
- Maintaining good credit helps earn cheaper rates
- Violations and traffic tickets increase rates
- Drive vehicles with five-star safety ratings
- Compare prices frequently to find the best deal
That last tip is especially significant, as was noted in this article. Car insurance rates can change in a short period of time, so don’t be tentative to change to a new company if a lower price can be found. Having a favorite company is fine, but it’s not recommended if your bullheadedness ends up costing you hundreds of dollars a year. It only takes a couple minutes to shop around and find cheaper car insurance for 19 year olds in Philadelphia.