Car insurance is a must in Pennsylvania and each driver’s rates can differ dramatically based on factors like their age, driving record, credit score and coverage levels. While life events such as divorce can have an effect on car insurance needs; our Pennsylvania car insurance calculator helps drivers strike a balance between cost and protection.
Pennsylvania drivers must carry bodily injury and property damage liability coverage as well as medical payments coverage, with some opting for full coverage car insurance with collision and comprehensive protection as well. An annual comprehensive policy with a $1,000 deductible typically costs $1,093 while basic liability policies cost as little as $26 monthly.
Before purchasing either full coverage or basic liability policies, it’s essential that you are informed of their limits and costs. A Pennsylvania car insurance calculator can give an approximate estimation of how much a specific coverage level will cost depending on factors like vehicle model, driving record and rating factors – this allows you to compare estimates against what you currently pay or would incur by adding or changing coverage levels.
Car insurance rates in Pennsylvania can be greatly affected by adding a teenage driver to a policy. On average, this will result in premium increases of 83% due to less driving experience among young drivers and increased accident risks.
Speeding tickets and at-fault accidents can jack up Pennsylvania car insurance policy costs considerably, while DUI can increase them even more as an offense that remains on a driver’s record until expunged or expunged from it is added permanently to it. Conversely, having a clean driving record can lower car insurance rates up to 10 percent depending on your insurance company.
As a rule, older vehicles tend to be cheaper to insure than newer vehicles for several reasons, including having more safety features and being driven more safely. Newer cars may come equipped with cutting-edge features and technology that insurers reward with discounts on policies.
Bad credit history can increase Pennsylvania car insurance premiums substantially. Studies have revealed a correlation between having poor credit and an increased claim risk and having bad credit histories; taking proactive steps to repair them can significantly lower Pennsylvania auto insurance premiums.