Locating the cheapest insurance for a Land Rover LR2 in Pennsylvania can be an all-consuming task, but you can follow our car insurance buying tips to find lower rates.
There is a right way and a wrong way to shop for car insurance so you’re going to learn the quickest way to price shop coverage for your Land Rover and obtain the lowest possible price.
You should take the time to compare premium rates at least once a year because prices are adjusted regularly by insurance companies. If you had the best price on Land Rover LR2 insurance in Philadelphia a few years ago you can probably find a lower rate today. Don’t believe everything you read about LR2 insurance online, but in this article, you’re going to get some great ideas on how to lower your car insurance rates in Philadelphia.
The companies shown below can provide quotes in Philadelphia, PA. If several companies are displayed, it’s highly recommended you visit several of them to get the most competitive price.
Discounts mean cheaper rates for Land Rover LR2 insurance in Philadelphia
Companies don’t always advertise every possible discount very clearly, so we took the time to find a few of the more well known as well as some of the hidden credits that you can use to lower your rates.
- New Vehicle Savings – Buying a new car instead of a used LR2 is cheaper since new vehicles are generally safer.
- Save with More Vehicles Insured – Insuring multiple cars or trucks on the same insurance policy can reduce the rates for all insured vehicles.
- Military Rewards – Having an actively deployed family member could qualify you for better prices.
- Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to buckle their seat belts can save up to 15% off the personal injury premium cost.
- Bundled Policy Discount – When you have multiple policies with one insurance company you could get a discount of over 10 percent off each policy depending on the company.
- Good Students Pay Less – Maintaining excellent grades could provide a savings of up to 20% or more. This discount can apply up to age 25.
- Early Payment Discounts – By paying your entire bill at once instead of paying each month you could save 5% or more.
- Discount for Low Mileage – Driving fewer miles may allow you to get discounted premium rates on garaged vehicles.
- College Student Discount – Youth drivers who are enrolled in higher education away from home and do not take a car to college could get you a discount.
You should keep in mind that most discount credits are not given to the entire policy premium. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Despite the appearance that it’s possible to get free car insurance, that’s just not realistic. Any amount of discount should definitely cut the amount you have to pay.
The diagram below shows the difference between Land Rover LR2 yearly insurance costs with and without discounts. Data assumes a female driver, no driving violations, no at-fault accidents, Pennsylvania state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, marriage, claim-free, homeowner, and multi-car discounts applied.
Some of the larger companies that have most of the discounts above include:
Check with all the companies to apply every possible discount. Some discounts may not apply in your state. To see providers that offer many of these discounts in Pennsylvania, click here to view.
Insurance coverage analysis
The coverage information displayed below outlines estimates of insurance premium costs for Land Rover LR2 models. Having knowledge of how insurance quotes are established is important to be able to make smart choices when comparing insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|LR2 HSE Luxury||$274||$500||$310||$18||$92||$1,194||$100|
|Get Your Own Customized Quote Go|
Prices above based on married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Premium costs do not factor in Philadelphia location which can increase or decrease insurance rates substantially.
The example below illustrates how your choice of deductibles and can raise or lower Land Rover LR2 insurance premiums for each different age category. The premiums are based on a married female driver, comp and collision included, and no additional discounts are factored in.
Compare rate quotes but buy from a local Philadelphia insurance agency
Many drivers still prefer to buy from a licensed agent and that is recommended in a lot of cases Most agents are trained to spot inefficiencies and help file insurance claims. The biggest benefit of comparing auto insurance online is you may find cheap auto insurance quotes and also buy local. And providing support for neighborhood insurance agencies is especially important in Philadelphia.
Upon completion of this form (opens in new window), your insurance coverage information is transmitted to insurance agents in Philadelphia that can provide free Philadelphia auto insurance quotes for your coverage. There is no reason to search for an agent because prices are sent directly to your email. If you have a need to get a rate quote for a specific company, feel free to jump over to their website and complete a quote there.
Auto insurance agents in Philadelphia come in two varieties
If you are wanting to find a good Philadelphia insurance agent, you must know there are a couple different types of agents from which to choose. Philadelphia agents are classified as either exclusive or independent. Either type can provide auto insurance policies, but it’s good to learn the subtle differences since it can affect the kind of agent you use.
Independent agencies often have affiliation with several companies so they can quote policies with an assortment of companies and find the cheapest rate. If they find a cheaper price, they simply move your policy to a different company and you don’t have to do anything.
When comparing auto insurance rates, we recommend you compare prices from a few independent agents to have the most options to choose from. A lot of them also have access to companies you’ve never heard of which could offer lower prices.
Featured below is a short list of independent insurance agents in Philadelphia that can possibly get you rate quotes.
- Nigro Insurance Agency
35 Letitia St – Philadelphia, PA 19106 – (215) 278-9633 – View Map
- National Insurance Agency
2414 Rhawn St – Philadelphia, PA 19152 – (215) 332-1100 – View Map
- Terra Insurance Services
1879 Cottman Ave – Philadelphia, PA 19111 – (215) 742-3743 – View Map
Exclusive Auto Insurance Agencies
Exclusive agencies can only place business with one company such as Farmers Insurance, American Family, State Farm and Allstate. Exclusive agencies are unable to give you multiple price quotes so they have no alternatives for high prices. Exclusive agencies are usually quite knowledgeable on their company’s products which helps them compete with independent agents. Some insured continue to buy from the same agent for years primarily because of the prominence of the brand rather than low price.
Below are exclusive agencies in Philadelphia who can help you get price quotes.
- State Farm: Brian Cover
7005 Bustleton Ave – Philadelphia, PA 19149 – (215) 332-9000 – View Map
- Jerry Gregory – State Farm Insurance Agent
2999 Welsh Rd – Philadelphia, PA 19152 – (215) 338-3313 – View Map
- Wanda Dancy – State Farm Insurance Agent
2805 N 47th St, FL-1 – Philadelphia, PA 19131 – (215) 871-3390 – View Map
Picking the best insurance agent is decision based upon more than just the quoted price. The answers to these questions are important, too.
- Do the companies they represent have a solid financial rating?
- Is the agency involved in supporting local community causes?
- Can you contact them at any time?
- Did they already check your driving record and credit reports?
- What company do they have the most business with?
- Do the coverages you’re quoting properly cover your vehicle?
If you receive good answers to any questions you have as well as offering an affordable quote, you have narrowed it down to an auto insurance agent that meets the criteria to provide auto insurance coverage. But remember, once you purchase a policy you can cancel your coverage whenever you want so don’t feel you’re contractually obligated to any specific agency with no way to switch.
Tailor your car insurance coverage to you
Keep in mind that when it comes to choosing adequate coverage for your personal vehicles, there really is no “best” method to buy coverage. Your financial needs are unique.
For instance, these questions might help in determining whether your personal situation will benefit from professional help.
- Should I sign the liability waiver when renting a car?
- Is my teen driver covered when they drive my company car?
- How much liability insurance is required?
- Do I have coverage when using my vehicle for my home business?
- Does insurance cover damages from a DUI accident?
- Am I covered when pulling a rental trailer?
- Does having multiple vehicles earn me a discount?
If you can’t answer these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and can provide invaluable advice.
Choices You Make Can Impact Your Insurance Rates
Part of the auto insurance buying process is learning the different types of things that come into play when calculating the rates you pay for auto insurance. When consumers understand what influences your rates, this empowers consumers to make smart changes that may result in cheaper rates.
The following are some of the most rate-impacting factors auto insurance companies consider when setting prices.
Minor frequent auto insurance claims are not good – Car insurance companies in Pennsylvania provide the best rates to drivers who do not rely on their insurance for small claims. If you’re an insured who likes to file claims you can pretty much guarantee either policy cancellation or increased premiums. Auto insurance is meant to be used in the event of claims that pose a financial burden.
Cut auto insurance rates and deter theft – Owning a car with an alarm system can get you a discount on your auto insurance. Systems that thwart thieves such as OnStar, LoJack tracking, and tamper alarms all aid in stopping car theft.
Marriage can lower premiums – Having a significant other can actually save you money on your auto insurance bill. Having a spouse translates into being more mature and responsible and statistics prove drivers who are married are more cautious.
Never have coverage lapses – Driving without insurance can get your license suspended and your next policy will cost more because you let your insurance lapse. And not only will insurance be more expensive, the inability to provide proof of insurance might get you a revoked license or a big fine.
Your job is a factor – Occupations like judges, police officers, and miners tend to pay higher premium rates because of high stress levels and long work days. On the other hand, professions such as professors, engineers and performers receive lower rates.
Are you male or female? – Statistics have proven women tend to be less risk to insure than men. Now that doesn’t mean men are worse drivers. Women and men have at-fault accidents in similar percentages, but guys have costlier accidents. Not only are claims higher, but men have more aggressive citations such as DWI and reckless driving. Young males are most likely to cause an accident and are penalized with high auto insurance rates.
The information below shows the difference between Land Rover LR2 auto insurance costs for male and female drivers. The costs are based on no claims or driving violations, comp and collision included, $500 deductibles, single marital status, and no other discounts are factored in.
Teenagers are high risk – Teen drivers in Pennsylvania are known to be inattentive when driving with friends therefore auto insurance rates are much higher. Parents adding a youthful driver to your auto insurance policy can really hurt. More mature drivers are shown to be more cautious, tend to file fewer claims, and receive fewer citations.
The data below uses these variables: single driver, full coverage with $1000 deductibles, and no discounts or violations.
Incidental coverages you don’t need – There are a ton of extra coverages you can purchase when buying auto insurance. Things like personal injury protection, accident forgiveness, and Farm Bureau memberships may not be needed and are just wasting money. They may sound like good ideas when deciding what coverages you need, but if they’re wasting money remove them from your policy.
Land Rover LR2 statistical loss data – Insurance companies analyze the history of losses when determining insurance rates. Vehicles that tend to have a higher amount or frequency of claims will cost more to insure. The table below illustrates the actual insurance loss data for Land Rover LR2 vehicles.
For each coverage category, the statistical loss for all vehicles as a whole equals 100. Numbers shown that are under 100 indicate better than average losses, while values that are above 100 indicate more frequent losses or an increased likelihood of larger losses.
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Land Rover LR2 4dr 4WD||115||162||99|
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Insurance does more than just protect your car
Despite the high cost, maintaining insurance is a good idea for several reasons.
First, the majority of states have compulsory liability insurance requirements which means you are required to buy specific limits of liability protection in order to get the vehicle licensed. 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 lienholder, almost all lenders will stipulate that you have full coverage to ensure the loan is repaid in case of a total loss. If you default on your policy, the lender will be forced to insure your Land Rover for a lot more money and require you to pay for the expensive policy.
Third, insurance protects both your car and your personal assets. It will also reimburse you for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, will also pay to defend you if you are sued as the result of an accident. If your car is damaged in a storm or accident, comprehensive and/or collision insurance will pay all costs to repair after the deductible has been paid.
The benefits of buying enough insurance outweigh the cost, particularly if you ever have a claim. Today the average American driver is currently overpaying as much as $825 a year so compare rate quotes once a year at a minimum to be sure current rates are still competitive.
Find cheaper car insurance prices by comparing often
People switch companies for many reasons like high rates after DUI convictions, policy non-renewal, unfair underwriting practices or denial of a claim. It doesn’t matter what your reason, choosing a new company can be easier than you think.
Affordable Land Rover LR2 insurance in Philadelphia is attainable on the web and from local agencies, so get free Philadelphia auto insurance quotes from both of them to get a complete price analysis. Some companies do not provide rates over the internet and these smaller companies only sell coverage through independent agents.
Throughout this article, we presented a lot of tips how to lower your Land Rover LR2 insurance premium rates in Philadelphia. The most important thing to understand is the more quotes you get, the better likelihood of getting affordable Land Rover LR2 insurance quotes. Consumers may even find the most savings is with a company that doesn’t do a lot of advertising.
More detailed car insurance information can be found by following these links:
- Auto Insurance 101 (About.com)
- How Much are Auto Insurance Rates for High School Students in Philadelphia? (FAQ)
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)
- How to Avoid Staged Accidents (State Farm)
- Insuring a Leased Car (Insurance Information Institute)