Cheapest Auto Insurance for Business Use in Pennsylvania

The make and model of vehicle you are buying coverage for is one of the largest factors when shopping for the cheapest auto insurance for business use in Pennsylvania. Vehicles with high performance, a lack of advanced safety features, or an increased likelihood of liability claims will cost much more to insure than more economical and safe models.

The tables below estimates auto insurance rates for some of the cheapest automobiles to insure in Pennsylvania.

Data rating is based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Information does not factor in specific location which can alter auto insurance rates greatly.

Prices based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Rate information does not factor in specific garaging location which can raise or lower price quotes greatly.

Table data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Pennsylvania minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Rate quotes do not factor in specific garaging location which can impact prices considerably.

One of the key considerations that auto insurance companies use when figuring rate quotes is where you live. Larger areas like Philadelphia, Levittown, and Norristown are more likely to have higher rates, whereas areas with less people or fewer weather incidents have the luxury of the cheapest auto insurance for business use in Pennsylvania.

The table below rates the highest-priced areas in Pennsylvania for business use to purchase auto insurance in.

Rates are estimated as the specific garaging location can lower or raise coverage rates greatly.

Finding good, low-cost insurance is easier said than done, and determining which company quotes the lowest-priced car insurance rates for business use will take more quotes for comparison. Rates should be moderately greater than the state average, with the increase attributed to the additional risk that comes with offering insurance for using your car for business, but competitive insurance should be available if you do a thorough comparison.

Every auto insurer has their own process to set premium rates, so let’s rank the car insurance companies that tend to be cheaper in Pennsylvania.

Best Auto Insurance Prices for Business Use

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

As shown in the rates above, if you are a customer of USAA and switched to General Casualty, you could realize an annual savings of in the neighborhood of $83. Policyholders with Penn National might save as much as $114 a year, and Auto-Owners policyholders might reduce rates by $267 a year.

To find the cheapest auto insurance for business use in Pennsylvania, click here to get quotes or click through to the companies below.

These rates are averaged for all drivers and vehicles in Pennsylvania and do not take into consideration a rate surcharge for business use. So the auto insurance company that fits your situation best may not even be shown in the list of companies shown earlier. That point stresses why you need to get rate quotes using your own driver data and vehicle information.

The chart below highlights how deductible selection can affect yearly insurance costs when researching cheap insurance for business use. The costs are based on a single female driver, comp and collision included, and no discounts are applied.

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The data above shows that a 30-year-old driver could cut expenses by $356 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $538 by choosing a $1,000 deductible. Even younger drivers, such as the Age 20 example, could roll back prices $796 or even more just by using higher deductibles.

When using a larger deductible, it will be necessary to have spare funds to be able to cover the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.

Discounts on Pennsylvania insurance

Auto insurance companies that provide the cheapest auto insurance for business use in Pennsylvania may have policy discounts that could reduce prices by 30% or more if you qualify for them. A list of companies and some of the discounts are detailed below.

The illustration below compares insurance costs with and without discounts applied to the rates. The costs are based on a female driver, no accidents, no driving violations, Pennsylvania state minimum liability limits, comprehensive and collision coverage, and $100 deductibles.

The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with vehicle safety, marriage, accident-free, passive restraint, multiple vehicle, and homeowner discounts applied. When taking advantage of discounts, the the amount saved on car insurance for business use is % or $.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Female Driver No Discounts’, ‘Female Driver with Discounts’],[‘Age 20’, 3593,2585],[‘Age 30’, 2487,1803],[‘Age 40’, 2305,1669],[‘Age 50’, 2015,1459],[‘Age 60’, 1949,1411],[‘Age 70’, 2271,1639]]);var options = {title: ‘Insurance Rate Comparison with Discounts for Business Use’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#c096ca’, ‘#e1b7ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

Cheapest insurance quotes for using your car for business

Drivers have a lot of ways to shop for and buy car insurance in Pennsylvania, but the most preferred ways are from an independent agent, an exclusive insurance agent like State Farm or Auto-Owners, or direct either online or via phone. Each way has the same basic steps, but car insurance shoppers should know the differences in how they provide price quotes.

Independent agencies work with multiple companies and can quote your policy with each one. These types of agents are not employed by only one company and can compare multiple rates, which can give you the best chance of saving money. If a cheaper rate is found, the business is moved internally and you don’t have to switch agencies.

A captive or exclusive agent is able to place business with a single insurance company, two examples being Liberty Mutual and Allstate agents. These agents are not able to provide rates from more than one company, so it’s a take it or leave it situation.

Opting to purchase car insurance direct means you do not use the middleman (the agent) and instead buy from a direct company like Progressive. This option can be good for drivers who have limited assets and know how car insurance works and possible exclusions.

So what is the best way to buy the cheapest auto insurance for business use in Pennsylvania? We’d like to tell you shopping direct results in the cheapest rates since there is no need to pay agent commissions, but unfortunately, it’s not that simple. It could also be said going through an independent agent saves the most money because they can shop around, but again, that’s not a true statement. In many cases, exclusive agents may have very competitive prices that other companies cannot beat.

Because there are so many factors that make up car insurance rates, really the only way to ensure the lowest rates is to get rate quotes and compare. Be sure to get price quotes all three ways to have the best rate selection. For a list of car insurance companies with low rates, click here to view.