![]() Your age has a huge effect on your car insurance rates. Compare Pennsylvania Auto Insurance Rates by Age GEICO uses a direct-to-consumer model, which lowers the company’s overhead costs and customer rates, though other factors may come into play. That’s $24 and $60 less per year than the next-cheapest options, Travelers and Erie. GEICO offers the cheapest policies, on average, at just $103 per month. If you have a car loan or a vehicle worth more than $5,000, you’ll generally need a full-coverage policy (as required by your lender).īut which companies have the cheapest full-coverage policies in Pennsylvania? Let’s take a look. Cheapest Car Insurance Rates for Full-Coverage Insurance: GEICOįull-coverage policies meet state-minimum liability requirements and cover your vehicle from both collision and non-collision damage. Overall, Erie leads the pack with the lowest state-minimum liability coverage rates of any company. Others offer lower rates to attract more policyholders from certain groups, which spreads out the company’s risk. Some companies lower the cost of doing business and pass those savings to consumers. ![]() These companies currently offer the best rates on average for state minimums, but there are many reasons why some insurers offer lower rates than others. Let’s take a look at which companies offer the cheapest state-minimum liability coverage in Pennsylvania. Since state-minimum car insurance is the lowest amount of coverage you can purchase, its rates are also the lowest. Liability coverage can be purchased in different amounts. ![]() This coverage ensures you’re not financially responsible for other people’s injuries and property damage if you cause an accident, but it won’t cover your own expenses (such as vehicle repair costs). The cheapest auto insurance you can get is basic liability coverage. Cheapest Car Insurance Rates for State-Minimum Insurance: Erie Let’s take a look at how other factors affect how much you pay for car insurance. The state also has lower state minimums than these neighbors, which can contribute to lower rates, too.īut there’s more to auto insurance rates than simply what state you live in. Pennsylvania is less densely populated than Delaware, Maryland, New York, and New Jersey. StateĪverage auto insurance rates are cheaper in Pennsylvania than in most of its surrounding states (except for Ohio and West Virginia). Let’s look at how it stacks up to its neighbors, as well as the rest of the U.S. It costs $142 per month, on average, for car insurance in Pennsylvania, which makes the state somewhat more expensive than the national average of $129. The Average Cost of Pennsylvania Car Insurance The listed “full-coverage” rates include $500 deductibles for collision and comprehensive coverages in addition to state-minimum liability coverage. All of the rates listed are based on someone who drives a 2016 Honda Accord and has the minimum limits for coverage in Pennsylvania. Using that data, we listed the five cheapest options for Pennsylvania drivers based on several key factors, such as age, coverage level, driving history, and more. Our team analyzed thousands of rates from dozens of the top insurance companies in Pennsylvania. ![]() How we chose the cheapest companies in Pennsylvania
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