Pennsylvania Car Insurance Rates
Drivers are expected to carry car insurance across America, but the specific requirements will vary from state to state. By understanding the different requirements for Pennsylvania a consumer can ensure they find the best deals and rates for their car insurance. The basic information and specific car insurance regulations for Pennsylvania will be explained below.
There are three basic components of minimum coverage for car insurance in Pennsylvania: bodily injury liability, property damage liability and personal injury protection (PIP). These are only the minimum requirements, but there are of course numerous other types of coverage that drivers may wish to add to their policy. It is important that drivers understand each key component of a car insurance policy and what other options are available to them.
Bodily Injury Liability
This will cover any harm done to another individual by an insured driver’s vehicle. Bodily injury liability will cover all medical expenses for the injured party, as well as any wages they may lose through not being able to work. In many cases, this type of policy will add pain and suffering into the amount of compensation. Pennsylvania drivers are required to have a minimum of $15,000 for bodily injury liability, and a cumulative coverage of $30,000.
Property Damage Liability
This will cover the amount of damage an insured driver’s car does to another person’s property. This will typically involve damage to another vehicle, although it can also include damage to property, such as a fence or other structure. Pennsylvania drivers are required by state law to have a minimum of $5,000 in property damage liability.
Personal Injury Protection
Personal injury protection will provide cover for an insured driver and their passengers who have been hurt in an accident. However, many individuals may find that this type of protection is available via a health insurance and disability policy. If a driver finds that they are already covered, they are not required to purchase personal injury protection.
With that said, health insurance and disability policies rarely cover medical costs or loss of wages in their entirety. This is specifically why Pennsylvania will require drivers to have minimum PIP coverage. The current minimum in the state of Pennsylvania is $5,000.
Drivers should also consider collision and comprehensive insurance in addition to these basic requirements. This will cover a driver’s car from accidents, theft and other types of damage. Uninsured motorist coverage is also available in Pennsylvania and this will protect a customer if they are involved in an accident with an uninsured driver. However, it must be said that all these components are optional and will increase a customer’s premiums, and therefore they will need to consider not only what the right type of car insurance coverage for them, but also what they can afford.
Just as with any of the other states, there are certain factors that will affect car insurance rates in Pennsylvania. A customer is able to ensure they obtain a better price if they fully understand these factors:
Age – if a driver is under 25 they will typically end up paying more for their car insurance, and this is also true for drivers who fall into the “senior” category.
Gender – men are generally considered to be at a higher risk of being involved in a car accident than a woman. Therefore, men aged under 25 can potentially expect the highest car insurance rates.
Location – certain cities in Pennsylvania will have higher car insurance rates than others, and Philadelphia is a prime example of this. Insurance companies tend to work on statistics and averages, and unfortunately some cities and states are considered to be more prone to car accidents.
Driving record – People with a clean driving record can expect their car insurance rates to be less than someone with a number of violations. Once again, these types of drivers are considered to be a higher risk, although it is possible to have violations removed for a driving record by taking a defensive driving course.
Liability coverage – Although Pennsylvania has a minimum amount of liability coverage, many drivers opt for a larger amount. This in turn will increase car insurance rates.
Deductibles – the higher a driver’s deductible the lower they can expect their car insurance premiums to be. Something as simple as changing a deductible from $100 to $500 will save a customer a lot of money over the course of their annual policy. However, the driver will need to ensure that they have $500 available if they are involved in an accident.
Type of vehicle – A low profile vehicle will always cost less to insure than a top-of-the-range sports car. Unfortunately, sleek models will generally cost more to repair and replace, although customers will receive discounts on their car insurance rates if their vehicle has certain safety features or anti-theft devices.