Best Cheap Car Insurance Quotes for Drivers Requiring a SR22 in Pennsylvania

Because the topic is auto insurance, the word cheap should never appear anywhere in the article. Be that as it may, cheap car insurance for drivers requiring a SR22 may be a thing of the past. Don’t let that spoil your day, because we are going to show you some ways you can still find auto insurance that is cheaper than your current policy.

The vehicle model you are trying to insure is one of the largest considerations that determines if you can find the best auto insurance for drivers requiring a SR22. Vehicles with lots of speed or power, poor safety features, or an increased likelihood of liability claims will cost substantially more to insure than more modest models.

The next list presents auto insurance rates for a number of the most cost-effective vehicles to buy insurance for.

Premium data assumes single male driver age 30, two speeding tickets, two at-fault accidents, $500 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, homeowner, and multi-policy. Estimates do not factor in garaging location in Pennsylvania which can revise insurance rates significantly.

Based upon these rates, you can figure that cars like the Honda CR-V, Chevrolet Traverse, Jeep Wrangler, and Ford Escape should be a few of the more affordable vehicles to insure for high risk drivers. The price of auto insurance will be more expensive because there is more exposure for drivers requiring a SR22, but overall those vehicles will most likely have the lowest prices compared to other vehicles.

For high risk drivers, one of the more important criteria used to calculate the price you pay for insurance is where you normally keep your vehicle in Pennsylvania. Cities with larger populations or higher claim trends like Philadelphia, Levittown, and Norristown tend to pay slightly more, whereas areas that tend to be more rural generally benefit from lower auto insurance rates.

The illustration below displays the most costly cities in Pennsylvania for drivers requiring a SR22 to buy auto insurance in.

Annual rates are estimated as specific Pennsylvania garaging address can affect coverage prices substantially.

Deciphering which company offers the cheapest insurance rates for drivers requiring a SR22 requires a little more sweat in order to find the most economical policy. Each auto insurance company uses a slightly different approach to set policy rates, so let’s rank the lowest cost insurance companies in Pennsylvania.

It’s important to understand that Pennsylvania insurance rates are determined by lots of factors which can substantially decrease or increase the cost of a policy. Simply getting older, buying another vehicle, or getting caught speeding can produce rate changes that can make some companies cheaper than competitors.

Cheapest Insurance Rates for SR22 Drivers

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General Casualty normally has some of the lowest car insurance rates in Pennsylvania at around $726 annually. Travelers, Erie, Penn National, and USAA also rank well as some of the lowest-priced Pennsylvania car insurance companies.

As the example above demonstrates, if you are currently insured with Travelers and switched to General Casualty, you might realize an annual premium reduction of upwards of $53. Customers with Erie could save as much as $90 a year, and Penn National customers might lower prices by up to $90 a year.

Be aware that those policy prices are averaged for all insureds and vehicles and and are not figured with a price surcharge for drivers requiring a SR22. So the car insurance company that has the cheapest rates for you may not even be in the list of companies above. That’s why you need to compare rates from multiple companies using your own individual information.

Cost difference between full coverage and liability

Finding the best cheap auto insurance for drivers requiring a SR22 in Pennsylvania is important to the majority of people, and one common way to find cheap insurance is to only buy liability insurance. The information below visualizes the comparison of yearly insurance costs with and without full coverage. The prices are based on no driving violations, no at-fault accidents, $100 deductibles, drivers are single, and no discounts are taken into consideration.

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As an average, comprehensive and collision coverage on your policy costs $1,889 per year more than just insuring for liability. That brings up the question if buying full coverage is a waste of money. There is no definitive guideline of when to exclude comp and collision coverage, but there is a general convention. If the yearly cost of full coverage is 10% or more of the replacement cost minus the deductible, then it might be time to consider dropping full coverage.

For example, let’s say your vehicle’s replacement cost is $4,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, you would only receive $3,000 after the deductible is paid. If you are paying more than $300 a year for comprehensive and collision coverage, then it might be time to consider dropping full coverage.

There are some circumstances where dropping full coverage is not a good idea. If you still owe a portion of the original loan, you have to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not remove full coverage.

How to find the best cheap auto insurance for drivers requiring a SR22 in Pennsylvania

The list below details some thrifty suggestions that can help Pennsylvania drivers locate low-cost coverage.

• Avoid having at-fault accidents
• Avoid speeding and other traffic citations and pay less
• Try paying for small claims out-of-pocket
• Lower rates by purchasing a safer vehicle
• Bundle home and auto and earn a discount
• Shop your coverage around for the best deal

That last idea is notably important, as we pointed out in the prior article. Prices go up and down frequently, so drivers shouldn’t hesitate to switch companies if a lower-cost policy is available. We understand brand loyalty, but it’s not recommended if that stubbornness costs you hundreds every year. It only take a few minutes to compare rates and find cheaper insurance for drivers requiring a SR22.