Want to learn how to save money and find the cheapest insurance rates in Philadelphia, PA? Philadelphia drivers have options when trying to find the lowest priced Lexus RX 400h insurance. They can either waste time calling around to get rate comparisons or leverage the internet to make rate comparisons. There are more efficient ways to shop for insurance and you need to know the proper way to quote coverages for a new or used Lexus and get the best price possible from both online companies and Philadelphia agents.
It’s a good idea to do price comparisons every six months because insurance rates are variable and change quite frequently. If you had the best rate on Lexus RX 400h insurance in Philadelphia a couple years back the chances are good that you can find a lower price today. Block out anything you think you know about insurance because you’re going to learn the right way to properly buy coverages and cut your premium.
If you are insured now or just want a better rate, follow these tips to buy cheaper auto insurance and still get good coverage. This information will instruct you on how auto insurance companies operate and also pocket some savings Consumers just have to use the proper way to compare rate quotes on the web.
The companies shown below have been selected to offer comparison quotes in Pennsylvania. If multiple companies are shown, we suggest you visit several of them to get the best price comparison.
Verify you’re applying every discount
Not many people think insurance is cheap, but there may be some discounts that can drop the cost substantially. A few discounts will automatically apply at the time of quoting, but a few need to be asked for in order for you to get them.
- Discount for Multiple Policies – When you have multiple policies with one insurance company you may save 10% to 20% off each policy.
- Theft Deterrent System – Vehicles that have factory alarm systems and tracking devices help deter theft and can earn a small discount on your policy.
- New Car Discount – Putting coverage on a new RX 400h is cheaper since newer vehicles have better safety ratings.
- Low Miles Discount – Low mileage vehicles could be rewarded with lower rates on the low mileage vehicles.
- E-sign Discounts – Certain insurance companies give back up to $50 shop Philadelphia auto insurance on the web.
As a disclaimer on discounts, some credits don’t apply to the entire policy premium. A few only apply to specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, that’s just not realistic.
A partial list of companies that may have many of the previously listed discounts include:
It’s a good idea to ask each insurance company which discounts you qualify for. Some discounts listed above might not be offered on policies in your state. To choose insurance companies who offer discounts in Pennsylvania, follow this link.
Three reasons car insurance is important
Despite the high insurance cost for a Lexus RX 400h in Philadelphia, insurance serves an important purpose.
- Most states have compulsory liability insurance requirements which means the state requires specific minimum amounts of liability insurance coverage in order to license the 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 have a loan on your Lexus, most lenders will require that you carry insurance to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the lender will be forced to insure your Lexus at a more expensive rate and force you to pay the higher premium.
- Car insurance preserves both your vehicle and your assets. It will also reimburse you for many types of medical costs for both you and anyone you injure as the result of an accident. Liability insurance, one of your policy coverages, also covers legal expenses if you are sued as the result of your driving. If your car is damaged in a storm or accident, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of carrying enough insurance definitely exceed the price paid, especially when you need to use it. According to a recent study, the average American driver is currently overpaying as much as $830 a year so it’s very important to do a rate comparison at every renewal to be sure current rates are still competitive.
When do I need to get advice from a local insurance agent?
Many people would rather get professional advice from a licensed agent and that is just fine! Licensed agents are very good at helping people manage risk and give you someone to call. One of the best bonuses of comparing rate quotes online is that you can obtain the lowest rates and still buy from a local agent.
Upon completion of this short form, the coverage information is emailed to insurance agents in Philadelphia that give free quotes for your auto insurance coverage. You don’t have to contact an agency since price quotes are sent to you instantly. In the event you want to compare prices from a specific company, you just need to go to their quote page and submit a quote form there.
Finding the right insurance company is decision based upon more than just a cheap quote. Here are some questions you might want to ask.
- Does the agency provide any after hours assistance?
- Is the agency active in community causes in Philadelphia?
- Can you contact them at any time?
- Is the coverage adequate for your vehicle?
- Will the company cover a rental car if your car is getting fixed?
- How much will you save each year by using a higher deductible?
- Is the agent and/or agency licensed to do business in Pennsylvania?
- Can glass claims be handled at your home?
If you prefer to buy auto insurance from a reputable insurance agent or broker, it’s important to understand the types of insurance agents and how they differ in how they can insure your vehicles. Philadelphia agents are either independent agents or exclusive agents. Either one can handle auto insurance, but it is a good idea to know why they differ because it can factor into buying decisions.
Exclusive Agents
Agents in the exclusive channel normally can only provide a single company’s rates and examples are AAA, State Farm, Farmers Insurance, and Allstate. They are unable to compare other company’s rates so they have no alternatives for high prices. Exclusive agents are usually quite knowledgeable on their company’s products which helps offset the inability to provide other markets. Consumers sometimes buy insurance from these agents mostly because of the brand rather than low price.
Shown below is a list of exclusive insurance agencies in Philadelphia that can give you rate quotes.
- Vince Ovecka – State Farm Insurance Agent
456 E Girard Ave – Philadelphia, PA 19125 – (215) 739-0800 – View Map - Craig Alleyne – State Farm Insurance Agent
6335 Wayne Avenue – Philadelphia, PA 19144 – (215) 438-8440 – View Map - Jeff Gottesman – State Farm Insurance Agent
9551 Bustleton Ave – Philadelphia, PA 19115 – (215) 725-1000 – View Map
Independent Agents
Agents that choose to be independent are appointed with more than one company so they can quote policies through many companies and find the cheapest auto insurance rates. If prices rise, your policy is moved internally and you won’t have to switch agencies. When comparing auto insurance prices, you will want to compare prices from independent agents so that you can do a thorough price comparison. They also have the ability to place coverage with smaller mutual companies which can save you money.
Below are Philadelphia independent agencies that can give you price quote information.
- The Miles Insurance Agency Inc
7100 Cresheim Rd – Philadelphia, PA 19119 – (215) 753-7770 – View Map - First Rate Insurance
7790 Rockwell Ave Suite 1 – Philadelphia, PA 19111 – (215) 725-6700 – View Map - Nationwide Insurance: Ferullo Insurance Agencies LLC
1636 S Front St – Philadelphia, PA 19148 – (215) 468-4116 – View Map
Once you have acceptable answers for all questions you ask as well as low cost Lexus RX 400h insurance quotes, chances are good that you have found an insurance agency that meets the requirements to adequately provide auto insurance.