The words “low-priced” and “insurance” really don’t belong together, especially when you are searching for the best car insurance for veterans. To help control this cost, let’s get started by showing you some situations that significantly impact insurance premiums, and find a few ways to take a little off your next policy.
The type of vehicle that needs insurance is a significant factor when looking for the best insurance for veterans. Vehicles with higher performance, a lack of safety features, or a history of substantial liability claims will cost substantially more to insure than safer models.
The next table showcases coverage costs for some of the most economical vehicles to buy coverage for.
| Vehicle | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 2WD | $3,988 |
| Ford Escape XLT 2WD | $3,997 |
| Honda Accord LX-P 4-Dr Sedan | $4,367 |
| Dodge Grand Caravan SE | $4,466 |
| Volkswagen Jetta 2.0T Station Wagon | $4,673 |
| Toyota RAV4 Limited 4WD | $4,718 |
| Toyota Tacoma Double Cab 4WD | $4,808 |
| Honda Odyssey EX-L W/Rear Entertainment | $4,974 |
| Toyota Camry XLE | $4,980 |
| Chevrolet Impala LTZ | $4,974 |
| Nissan Altima 2.5 S 4-Dr Sedan | $4,980 |
| Hyundai Elantra GLS 4-Dr Sedan | $4,974 |
| Toyota Prius | $4,988 |
| Honda Civic DX 4-Dr Sedan | $5,064 |
| Ford Edge Limited 2WD | $5,204 |
| Kia Optima EX | $5,402 |
| Ford Explorer Eddie Bauer AWD | $5,443 |
| Toyota Corolla LE | $5,452 |
| Dodge Ram Crew Cab Sport 2WD | $5,492 |
| Chevrolet Silverado LT Regular Cab 2WD | $5,528 |
| Start Your Quote Go | |
Cost estimates assume single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Pennsylvania minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Premium amounts do not factor in vehicle location which can modify coverage rates noticeably.
By looking at the data, you can assume that cars like the Honda CR-V, Ford Escape, Honda Accord, Dodge Grand Caravan, and Volkswagen Jetta will be some of the less-costly vehicles to insure for veterans.
Locating cheap auto insurance is not easy, and determining which companies offer the lowest-priced auto insurance rates for veterans will require even more rate comparisons. Each insurance company uses their own formula to set premium rates, so let’s begin by examining the auto insurance companies that tend to have lower prices in Pennsylvania.
Find the Cheapest Car Insurance for Vets
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | General Casualty | $748 |
| 2 | Travelers | $803 |
| 3 | USAA | $809 |
| 4 | Erie | $824 |
| 5 | Penn National | $840 |
| 6 | Auto-Owners | $973 |
| 7 | Amica | $992 |
| 8 | Atlantic States | $1,047 |
| 9 | Donegal Mutual | $1,091 |
| 10 | GEICO | $1,157 |
| 11 | Allied | $1,190 |
| 12 | State Farm | $1,210 |
| 13 | California Casualty | $1,222 |
| 14 | State Auto | $1,241 |
| 15 | Harleysville | $1,396 |
| 16 | Encompass | $1,398 |
| 17 | Progressive | $1,414 |
| 18 | Mutual Benefit Group | $1,439 |
| 19 | Nationwide | $1,491 |
| 20 | Chubb | $1,583 |
| Get a Custom Quote Go | ||
General Casualty normally has some of the best car insurance rates in Philadelphia at around $748 annually. Travelers, USAA, Erie, and Penn National would also make the list of some of the more affordable Philadelphia, PA car insurance companies.
As shown above, if you currently have coverage with Travelers and switched to General Casualty, you may realize yearly savings of in the neighborhood of $55. Drivers with USAA might save as much as $61 a year, and Erie policyholders might cut rates by $76 a year.
Bear in mind that those rates are averages across all ages of drivers and types of vehicles and are not factoring in an exact vehicle garaging location for veterans. So the company that fits your needs best may not even be in the top 30 companies in the list above. That illustrates why you need to get auto insurance quotes using your own specific driver information and vehicle.
Drive responsibly or pay higher rates
The best way to get affordable auto insurance rates in Pennsylvania for veterans is to be an attentive driver and not get tickets or have accidents. The chart below shows how violations and accident claims can impact insurance costs for different age categories. Data assumes a single female driver, full coverage, $500 deductibles, and no discounts are applied.
In the chart above, the average cost of an auto insurance policy per year with no accidents and a clean driving record is $1,617. Get written up for one speeding ticket and the average cost rises to $1,831, an increase of $214 each year. Now add one accident along with the one speeding ticket and the 12-month cost of auto insurance for veterans jumps again to an average of $2,434. That’s an increase of $817, or $68 per month, just for not being a responsible driver!
Which auto insurance company is best in Pennsylvania?
Ending up with a high-quality auto insurance provider can be challenging considering how many companies are available to choose from in Pennsylvania. The company rank data in the next section may help you analyze which auto insurers you want to consider shopping prices with.
These rankings include large insurance companies, so smaller regional companies are not taken into consideration for this list. To get price quotes from these and other competitive companies, click this link.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| The General | 96 | 100 | 92 | 91% | A- | 95 |
| Titan Insurance | 87 | 96 | 94 | 93% | A+ | 92.9 |
| The Hartford | 88 | 96 | 91 | 93% | A+ | 92.6 |
| Progressive | 84 | 94 | 99 | 90% | A+ | 92.4 |
| Travelers | 84 | 93 | 100 | 87% | A++ | 92.3 |
| State Farm | 84 | 93 | 95 | 87% | A++ | 91 |
| Farmers Insurance | 87 | 92 | 90 | 85% | A | 90.6 |
| Erie Insurance | 79 | 93 | 90 | 87% | A+ | 88.6 |
| Safeco Insurance | 85 | 91 | 87 | 86% | A | 88.4 |
| USAA | 71 | 93 | 98 | 87% | A++ | 88 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Your cheap policy may actually be overpriced
Philadelphia, PA auto insurance rates are based on many factors which can substantially change the policy price. Simply having a birthday, marrying your spouse, or getting a ticket for careless driving may cause policy rate changes that can now make some companies cheaper than others. Additionally, insurers change premium rates as often as every three months to ensure their profitability. A period of higher than normal claims can cause additional price hikes, while long-term profits can result in cheaper Philadelphia car insurance rates.
For example, the bar chart below shows the company with the cheapest car insurance in Philadelphia, PA for a 30-year-old male driver with no prior accidents, a clean driving record, and solid credit. Based on his current risk factors, General Casualty quotes the cheapest car insurance rates in Philadelphia at $1,633 annually. This is $24 less than the average rate paid by Pennsylvania drivers of $1,657. USAA, Travelers, Erie, and Penn National also make the list of the cheapest Philadelphia, PA auto insurance companies.
The chart below compares rates after we give the driver from above a chargeable claim, a lower credit score, and a speeding ticket. Since every car insurance company has a different process to set policy rates, comparing quotes may now present a significantly different list of the cheapest car insurance companies in Philadelphia as shown below.
Amica now has the best insurance rate in Philadelphia with Atlantic States, Donegal Mutual, GEICO, and USAA completing the list. This illustrates why Philadelphia drivers need to compare as many rates as possible when trying to find the most affordable car insurance quotes for veterans. Insurance rates can be determined by many things and can increase or decrease at any time, so the cheapest rate the last time you shopped your coverage around may now be wasting a lot of money.