Paying for automobile insurance is a necessity, but there are several ways to get cheap Pennsylvania car insurance. Choosing the right coverage, taking advantage of discounts and buying the safest vehicle are all ways to reduce the premium. Performing a policy comparison can also ensure the lowest prices are being paid for the greatest amount of coverage.
Choosing the Right Coverage
Pennsylvania requires drivers to maintain specific amounts of liability insurance. Bodily injury coverage must be in effect in the amount of $15,000 per person and $30,000 per incident, regardless of how many people are involved. Medical benefits cover the driver and others covered by the policy and should be secured in the amount of $5,000. Property damage liability protects damage the driver does to another person’s property and it should also be in effect in the amount of $5,000.
Vehicles with loans need to keep collision and comprehensive coverage, but once the loan is paid off this coverage can be lowered or dropped to reduce premiums. Other optional coverage such as uninsured or underinsured motorist, rental reimbursement or towing coverage can be eliminated to lower the price of the policy further. Higher deductibles also result in a cheaper annual cost.
Finding Discounts
There are many discounts available for Pennsylvania residents, depending on the individual company. People with good driving records or students with good grades can get discounted premiums. Families with more than one vehicle on the same policy or those with their homeowners and auto insurance through the same company generally qualify for a reduced rate. Young drivers can get a break with a completed drivers education course while mature drivers can take a refresher course every three years to get a price cut.
Buying a Safe Vehicle
The type of vehicle being insured has a significant effect on the annual premium. As a rule of thumb, vehicles that are more expensive result in insurance that is more expensive. Safety features such as anti-lock brakes and airbags can lower the cost of insurance. Prices can also be reduced with the addition of security features like car alarms or location devices. Sporty cars are pricier to insure than station wagons, and off-road vehicles can carry some of the highest premiums of all.
Performing a Cost Comparison
Perhaps the easiest and most effective way to find the cheapest policy is to perform a cost comparison. It is advisable to start by understanding the driver’s needs before beginning to compare policies. Decide whether the minimum required coverage is enough or if the amounts should be higher to protect the driver’s assets fully. Review the benefits of add-ons such as towing and rental reimbursement and determine if any of these extras would be helpful. Once the drivers needs have been established, gather information from no less than three companies. Do not forget to look to the Internet as some online companies offer great savings to Pennsylvania drivers.
Paying for automobile insurance is not fun, but being caught without it is worse. Pennsylvania residents can suffer loss of registration, loss of license, fines and fees if the appropriate coverage is not in effect. To keep insurance affordable, drivers should be aware of legal coverage requirements, take advantage of discounts and buy the safest vehicle possible. To find cheap Pennsylvania car insurance, a driver should perform a cost comparison to find the best value at the most reasonable price.
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