How long has it been since you shopped around for the cheapest Toyota Avalon insurance in Philadelphia? Having to pay for overpriced auto insurance in Philadelphia can stress out your bank account and force you to prioritize other expenses. Comparing rate quotes is free and is an excellent way to tighten up your finances.
It’s an obvious statement that insurance companies don’t want you quoting rates from other companies. Drivers who shop around for the cheapest price will probably buy a different policy because there is a good chance of finding coverage at a more affordable price. A recent auto insurance study discovered that drivers who compared rates annually saved over $72 a month compared to other drivers who didn’t regularly shop around.
If finding discount rates on insurance in Philadelphia is your objective, then learning about the best way to quote and compare car insurance can save time, money, and frustration. Insurance companies such as State Farm, Progressive and GEICO continually bombard you with TV and radio ads and it is challenging if not impossible to see through the cute green geckos and mayhem and do the work needed to find the best deal.
Getting a more affordable price on Toyota Avalon insurance is a fairly straight forward process. All you need to do is take a couple of minutes comparing free Philadelphia auto insurance quotes to find out which insurance company has affordable Philadelphia auto insurance quotes.
It’s so simple to compare car insurance rate quotes online makes it a waste of time to actually drive to insurance agents’ offices. Doing it all online eliminates the middleman unless you have a complicated situation and need the trained advice of a licensed agent. Although, it is possible price shop online but purchase the actual policy in an agency.
The auto insurance companies shown below provide price quotes in Pennsylvania. If multiple companies are shown, we suggest you visit several of them in order to get a fair rate comparison.
Insurance rate breakdown
The rate table displayed next showcases a range of policy rates for Toyota Avalon models. Having a better idea how policy rates are figured can help customers make informed decisions when shopping around for a new policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Customized Quote Go|
Data variables include married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Prices do not factor in zip code location which can influence price quotes noticeably.
Rate comparison of full coverage and liability-only
The example below illustrates the comparison of Toyota Avalon car insurance costs when comparing full coverage to state minimum liability only. Data assumes no claims or driving violations, $250 deductibles, single marital status, and no discounts are applied.
When to drop comprehensive and collision coverage
There isn’t a written rule for dropping full coverage, but there is a general school of thought. If the annual cost of having full coverage is more than 10% of replacement cost minus your deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s pretend your Toyota Avalon replacement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $2,000 after the deductible is paid. If you are paying more than $200 a year to have full coverage, then it’s probably a good time to buy liability coverage only.
There are a few cases where dropping physical damage coverage is not in your best interest. If you haven’t paid off your loan, you have to keep full coverage in order to prevent your loan from defaulting. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should keep full coverage.
Auto insurance policy discounts you can’t miss
Companies that sell car insurance don’t list all discounts very well, so we break down a few of the more well known as well as some of the hidden credits available to bring down your rates.
- Pay Now and Pay Less – By paying your entire bill at once rather than paying monthly you could save up to 5%.
- No Charge for an Accident – This isn’t a discount exactly, but companies like Progressive and Allstate permit an accident without getting socked with a rate hike if you have no claims for a set time period.
- College Student Discount – Older children who live away from home at college and do not have access to a covered vehicle could qualify for this discount.
- Switch and Save Discount – Some insurance companies reward drivers for buying a new policy before your current Avalon insurance policy expires. You may see this discount when you get Philadelphia auto insurance quotes online.
- Air Bags and Passive Restraints – Vehicles with factory air bags or motorized seat belts could see savings as much as 30%.
- Military Discounts – Having a deployed family member can result in better auto insurance rates.
- Low Mileage Discounts – Driving fewer miles could earn slightly better rates than normal.
While discounts sound great, it’s important to understand that most of the big mark downs will not be given to the whole policy. The majority will only reduce the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like you can get free auto insurance, it just doesn’t work that way.
The diagram below visualizes the comparison of Toyota Avalon annual premium costs with and without discounts applied to the policy premium. Data assumes a male driver, no tickets, no at-fault accidents, Pennsylvania state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, claim-free, multi-policy, multi-car, and marriage discounts applied.
A list of auto insurance companies and their offered discounts are:
- Progressive policyholders can earn discounts including online signing, good student, continuous coverage, online quote discount, multi-policy, multi-vehicle, and homeowner.
- SAFECO offers discounts for teen safe driver, bundle discounts, anti-lock brakes, teen safety rewards, drive less, safe driver, and accident prevention training.
- American Family has savings for good driver, accident-free, multi-vehicle, bundled insurance, and TimeAway discount.
- MetLife has discounts for multi-policy, claim-free, good student, good driver, and accident-free.
- GEICO may have discounts that include driver training, air bags, emergency military deployment, defensive driver, seat belt use, good student, and anti-theft.
- The Hartford discounts include driver training, good student, anti-theft, air bag, vehicle fuel type, defensive driver, and bundle.
Before purchasing a policy, check with all companies you are considering how you can save money. A few discounts might not be available to policyholders in your area. To see a list of insurers who offer auto insurance discounts in Pennsylvania, click this link.
Why you need quality insurance for your Toyota Avalon
Even though Philadelphia Avalon insurance rates can get expensive, car insurance is mandatory in Pennsylvania but it also protects more than you think.
First, almost all states have mandatory insurance requirements which means it is punishable by state law to not carry specific minimum amounts of liability in order to be legal. 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 vehicle has a lienholder, most lenders will require you to have physical damage coverage to guarantee loan repayment. If you let the policy lapse, the bank may buy a policy for your Toyota at a significantly higher premium and force you to reimburse them a much higher amount than you were paying before.
Third, insurance protects both your vehicle and your assets. It also can pay for hospital and medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, will also pay to defend you if you are sued as the result of an accident. If mother nature or an accident damages your car, collision and comprehensive (also known as other-than-collision) coverage will pay to have it repaired.
The benefits of buying car insurance more than offset the price you pay, specifically if you ever have a liability claim. Today the average American driver is overpaying more than $865 each year so you should quote rates every year to help ensure money is not being wasted.
Do I need an insurance agent?
Many drivers would rather go talk to an agent. Agents can help you choose the best coverages and give you someone to call. A good thing about getting online price quotes is that you can find cheap insurance quotes but also keep your business local.
By using this quick form, your insurance data gets sent to participating agents in Philadelphia that can provide free Philadelphia auto insurance quotes for your insurance coverage. It makes it easy because there is no need to search for an agent since rate quotes are delivered straight to your inbox. If you wish to get a comparison quote from a particular provider, you just need to find their quoting web page to submit a rate quote request.
Picking an company requires you to look at more than just the bottom line cost. Any agent in Philadelphia should be forthright in answering these questions:
- Are they actively involved in the community?
- Which companies can they place coverage with?
- Are they properly licensed to sell insurance in Pennsylvania?
- Can they give you a list of client referrals?
- Do you work with a CSR or direct with the agent?
- How are claims handled?
- Do they see any coverage gaps in your plan?
Insurance agent types
When searching for an insurance agent, it can be helpful to understand the different types of agents and how they are distinctly different. Agents in Philadelphia are either exclusive or independent (non-exclusive). Both types can sell affordable insurance policies, but it’s good to learn how they differ since it could factor into your agent selection.
These agents can only quote rates from one company such as Farmers Insurance, State Farm, Allstate, and AAA. These agents are not able to place coverage with different providers so you might not find the best rates. Exclusive agents are highly trained on the products they sell which helps them compete with independent agents.
Listed below is a short list of exclusive agencies in Philadelphia who can help you get price quotes.
Independent agencies do not have single company limitations so they can insure your vehicles through lots of different companies and help determine which has the cheapest rates. If they find a cheaper price, your agent can just switch to a different company and that require little work on your part.
When shopping rates, you will want to contact at a minimum one independent agency for the best price selection.
Shown below are Philadelphia independent agents willing to provide comparison quotes.
After talking to the agent and getting acceptable answers in addition to an acceptable price estimate, it’s possible that you found an auto insurance agent that is reputable and can service your policy.