Are you drained from being strong-armed to pay high auto insurance rates every month? Your situation is no different than the majority of other consumers in Pennsylvania.
It’s easy to assume that auto insurance companies want to keep you from comparing rates. Drivers who shop around for cheaper rates are highly likely to switch auto insurance companies because there is a good chance of getting low-cost coverage. A recent auto insurance study discovered that people who shopped around annually saved approximately $860 a year compared to other drivers who never compared rates.
If finding the cheapest price for Ford Five Hundred insurance in Philadelphia is your target objective, then having an understanding of the best way to compare insurance can make it easier to shop your coverage around. Popular companies such as GEICO, Progressive and Allstate all promote huge savings with fancy advertisements and it is difficult to separate fact from fiction and do the work needed to find the best deal.
You should make it a habit to do rate comparisons on a regular basis because rates are constantly changing. Even if you got the best premium rates on Ford Five Hundred insurance in Philadelphia six months ago you may be paying too much now. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to one of the quickest ways to buy cheaper Ford Five Hundred insurance in Philadelphia.
If you’re already insured or just want to reduce your rates, use these money-saving tips to find the best rates without sacrificing coverage. Buying the cheapest auto insurance in Philadelphia is actually quite simple. Comparison shoppers just need to understand the quickest way to quote multiple rates online.
How much does Ford Five Hundred insurance in Philadelphia, PA cost?
The following companies can provide free rate quotes in Philadelphia, PA. If the list has multiple companies, it’s highly recommended you visit as many as you can to get the best price comparison.
Score discounts on Philadelphia insurance
Insuring your fleet can be pricey, but you may qualify for discounts that could help you make your next renewal payment. Certain credits will be shown at quote time, but some need to be specially asked for before you get the savings.
- Student Driver Training – Teen drivers should enroll in driver’s education in school or through a local driver safety program.
- Cautious Driver Discount – Accident-free drivers may receive a discount up to 45% compared to rates paid by drivers with frequent claims.
- Drive Less and Save – Driving less can qualify you for better rates on cars that stay parked.
- Air Bags and Passive Restraints – Options like air bags or motorized seat belts can qualify for discounts of more than 20%.
- Federal Employees – Simply working for the federal government may qualify for a discount when you quote Philadelphia car insurance with some insurance companies.
- Discount for New Cars – Putting insurance on a new Five Hundred is cheaper due to better safety requirements for newer models.
- Accident Waiver – Not really a discount, but a handful of insurance companies will let one accident slide before your rates go up if you have no claims for a set time period.
- Discount for Life Insurance – Some insurance companies give better rates if you take out auto and life insurance together.
As a disclaimer on discounts, some credits don’t apply to the whole policy. Some only reduce specific coverage prices like liability and collision coverage. Despite the fact that it seems like it’s possible to get free car insurance, companies don’t profit that way. But all discounts will definitely reduce your insurance premiums.
Larger insurance companies and their offered discounts can be found below.
- State Farm offers discounts for anti-theft, defensive driving training, safe vehicle, accident-free, and Drive Safe & Save.
- American Family offers premium reductions for good driver, multi-vehicle, TimeAway discount, air bags, good student, Steer into Savings, and bundled insurance.
- GEICO may offer discounts for federal employee, five-year accident-free, military active duty, defensive driver, multi-policy, air bags, and seat belt use.
- 21st Century offers discounts including early bird, air bags, defensive driver, good student, anti-lock brakes, driver training, and automatic seat belts.
- Progressive policyholders can earn discounts including multi-policy, homeowner, good student, multi-vehicle, online signing, and continuous coverage.
If you are trying to find the cheapest Ford Five Hundred rate quotes, ask each company to give you their best rates. Some of the discounts discussed earlier might not be available to policyholders in Philadelphia. To see a list of companies who offer free Ford Five Hundred insurance quotes in Pennsylvania, click here.
You may require the services of an agent
Many people prefer to go talk to an agent and that can be a great decision Agents can help you choose the best coverages and help file insurance claims. The best thing about comparing insurance prices online is that drivers can save money and get lower rates and still have a local agent. Buying insurance from local agencies is important particularly in Philadelphia.
Upon completion of this form (opens in new window), the coverage information gets sent to agents in your area that provide free Philadelphia car insurance quotes and help you find cheaper coverage. It makes it easy because there is no need to drive around since price quotes are sent straight to your inbox. In the event you want to get a price quote from a specific insurance company, you just need to jump over to their website and complete a quote there.
Shown below are agents in Philadelphia willing to provide price quotes for Ford Five Hundred insurance in Philadelphia.
Picking an insurance company should include more criteria than just the quoted price. The questions below may impact your decision as well.
- Where are claims handled?
- Will the agent or a CSR service your policy?
- Do they offer accident forgiveness?
- How much will you save each year by using a higher deductible?
- Are they able to influence company decisions when a claim is filed?
- How would your car be valued if totaled?
Will just any policy work for me?
Keep in mind that when it comes to choosing adequate coverage, there is no perfect coverage plan. Every insured’s situation is different and a cookie cutter policy won’t apply.
For example, these questions can aid in determining whether your personal situation might need an agent’s assistance.
- Are combined or split liability limits better?
- Do I need special coverage while pulling a rented trailer?
- I have a DUI can I still get coverage?
- Does coverage extend to a rental car in a foreign country?
- Does insurance cover damages from a DUI accident?
- Do they offer discounts for home and auto coverage?
- Will damage be repaired with OEM parts?
- How long can I keep a teen driver on my policy?
- What is the difference between comprehensive and collision coverage?
- What happens if I owe more than my Ford Five Hundred is worth?
If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.
What car insurance coverages do you need?
Having a good grasp of your car insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring. Below you’ll find the normal coverages found on the average car insurance policy.
Medical costs insurance – Medical payments and Personal Injury Protection insurance provide coverage for bills like nursing services, chiropractic care and hospital visits. They are often used in conjunction with a health insurance plan or if you do not have health coverage. They cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage
Comprehensive or Other Than Collision – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims like a tree branch falling on your vehicle, theft, fire damage and hitting a bird. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Coverage for liability – Liability insurance can cover damages or injuries you inflict on other people or property in an accident. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 15/30/5 that means you have a limit of $15,000 per injured person, a total of $30,000 of bodily injury coverage per accident, and $5,000 of coverage for damaged property. Another option is one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.
Liability coverage pays for claims like structural damage, pain and suffering, bail bonds, court costs and emergency aid. How much liability should you purchase? That is up to you, but consider buying as large an amount as possible. Pennsylvania state law requires minimum liability limits of 15/30/5 but you should think about purchasing better liability coverage.
The next chart shows why buying the state minimum limits may not be enough coverage.
UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as damage to your Ford Five Hundred.
Since a lot of drivers only purchase the least amount of liability that is required (which is 15/30/5), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually these limits are identical to your policy’s liability coverage.
Collision coverage – This coverage pays for damage to your Five Hundred caused by collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things such as sustaining damage from a pot hole, driving through your garage door, damaging your car on a curb and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to increase the deductible on your Five Hundred to save money on collision insurance.
Get the best coverage at the lowest price
As you go through the steps to switch your coverage, never reduce needed coverages to save money. In many instances, someone sacrificed comprehensive coverage or liability limits to discover at claim time that it was a big error on their part. The proper strategy is to find the BEST coverage for the lowest price, not the least amount of coverage.
Lower-priced Ford Five Hundred insurance in Philadelphia is attainable on the web as well as from insurance agents, so you need to shop Philadelphia car insurance with both to have the best rate selection. Some insurance companies do not offer rate quotes online and these smaller providers prefer to sell through local independent agencies.
To read more, feel free to visit these articles:
- What is a Telematics Device? (Allstate)
- What Auto Insurance is Cheapest for Postal Workers in Philadelphia? (FAQ)
- What Insurance is Cheapest for a Company Car in Philadelphia? (FAQ)
- Who Has Affordable Auto Insurance for a GMC Sierra in Philadelphia? (FAQ)
- Five Mistakes to Avoid (Insurance Information Institute)
- Teen Driving and Texting (State Farm)
- What is Full Coverage? (Allstate)