Comparing Philadelphia auto insurance quotes online may appear to be difficult at first if you haven’t ever used online insurance quotes. But relax because comparing prices is actually very simple.
Inconceivable but true, the majority of drivers have remained with the same insurance company for four years or more, and just short of a majority have never compared quotes from other companies. With the average premium in America being $1,847, drivers could save up to 47% each year, but they just feel it’s too hard to shop their coverage around.
You should make it a habit to quote other rates occasionally because prices fluctuate regularly. Despite the fact that you may have had the lowest rate on Honda Element insurance in Philadelphia a couple years back the chances are good that you can find a lower premium rate today. Forget anything you know (or think you know) about insurance because we’re going to show you how to use the internet to remove unneeded coverages and save money.
When quoting auto insurance, remember that obtaining a wide range of quotes helps increase your odds of locating more affordable rates. Not every company allows you to get Philadelphia Element insurance quotes over the internet, so you should also compare prices from the smaller companies as well.
The companies shown below are our best choices to provide quotes in Philadelphia, PA. If multiple companies are listed, it’s highly recommended you visit as many as you can to get the best price comparison.
Discounts mean cheaper rates for Honda Element insurance in Philadelphia
The price of auto insurance can be rather high, but you can get discounts to reduce the price significantly. Many discounts should be triggered when you complete an application, but some need to be manually applied before you get the savings.
- Drive Safe and Save – Drivers who avoid accidents can save as much as half off their rates compared to rates paid by drivers with frequent claims.
- Seat Belts Save – Forcing all vehicle occupants to buckle their seat belts could cut 10% or more on medical payment and PIP coverage.
- Membership in Organizations – Participating in qualifying clubs or civic groups could trigger savings when getting a Philadelphia auto insurance quote.
- Save with a New Car – Putting insurance coverage on a new Element can save up to 30% since newer vehicles are generally safer.
- Student in College – Kids living away from Philadelphia attending college and do not have a car can be insured at a reduced rate.
- Philadelphia Homeowners Discount – Owning your own home or condo may earn you a small savings since home ownership means you have a higher level of financial diligence.
One last thing about discounts, most of the big mark downs will not be given to your bottom line cost. Most cut specific coverage prices like liability and collision coverage. So even though they make it sound like having all the discounts means you get insurance for free, you aren’t that lucky.
The chart below compares Honda Element insurance costs with and without discounts applied to the policy premium. The rates are based on a male driver, no claims or driving citations, Pennsylvania state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, multi-car, homeowner, claim-free, and marriage discounts applied.
Car insurance companies who might offer these discounts include:
When getting a coverage quote, ask each company which discounts they offer. Savings might not be available to policyholders in Philadelphia. To find insurers that provide some of the discounts listed above in Pennsylvania, click here to view.
Honda Element coverage analysis
The rate table shown next covers a range of insurance prices for Honda Element models. Having a better understanding of how insurance prices are established can aid in making informed decisions when comparing rate quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $244 | $502 | $372 | $22 | $112 | $1,252 | $104 |
| Element LX 4WD | $244 | $502 | $372 | $22 | $112 | $1,252 | $104 |
| Element EX 2WD | $244 | $502 | $372 | $22 | $112 | $1,252 | $104 |
| Element EX 4WD | $244 | $502 | $372 | $22 | $112 | $1,252 | $104 |
| Element SC 2WD | $244 | $502 | $372 | $22 | $112 | $1,252 | $104 |
| Get Your Own Customized Quote Go | |||||||
Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Price information does not factor in specific location information which can change coverage prices substantially.
How high should deductibles be?
When comparing auto insurance rates, the most common question is what deductibles to buy. The following insurance rates may aid in understanding the cost difference between low and high deductibles. The first price estimate table uses a $100 deductible for comp and collision and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $284 | $512 | $330 | $20 | $98 | $1,269 | $106 |
| Element LX 4WD | $284 | $512 | $330 | $20 | $98 | $1,269 | $106 |
| Element EX 2WD | $284 | $512 | $330 | $20 | $98 | $1,269 | $106 |
| Element EX 4WD | $284 | $512 | $330 | $20 | $98 | $1,269 | $106 |
| Element SC 2WD | $284 | $512 | $330 | $20 | $98 | $1,269 | $106 |
| Get Your Own Customized Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Element LX 2WD | $206 | $346 | $330 | $20 | $98 | $1,000 | $83 |
| Element LX 4WD | $206 | $346 | $330 | $20 | $98 | $1,000 | $83 |
| Element EX 2WD | $206 | $346 | $330 | $20 | $98 | $1,000 | $83 |
| Element EX 4WD | $206 | $346 | $330 | $20 | $98 | $1,000 | $83 |
| Element SC 2WD | $206 | $346 | $330 | $20 | $98 | $1,000 | $83 |
| Get Your Own Customized Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Price estimates do not factor in vehicle garaging location which can increase or decrease coverage rates greatly.
Based on this data, using a $100 deductible will cost in the ballpark of $23 more each month or $276 each year than quoting the higher $500 deductible. Since you would have to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you go more than 17 months between claim filings, you would save money if you opt for a higher deductible.
The chart below illustrates how your choice of deductibles and can influence Honda Element insurance costs for different age groups of insureds. The data assumes a single female driver, comp and collision included, and no additional discounts are factored in.
Males versus Females
The diagram below compares Honda Element insurance prices for male and female drivers. The premiums are based on a clean driving record, no at-fault accidents, comprehensive and collision coverage, $1,000 deductibles, marital status is single, and no discounts are applied.
Compare rates but buy from a neighborhood Philadelphia auto insurance agent
Many drivers would prefer to buy from a local agent and often times that is recommended One of the best bonuses of comparing insurance prices online is that drivers can save money and get cheap rate quotes and also buy local.
To make it easy to find an agent, after completing this form (opens in new window), your insurance data gets sent to insurance agents in Philadelphia who will return price quotes for your insurance coverage. It’s much easier because you don’t need to find an agent on your own since price quotes are sent straight to your inbox. Get lower rates and a licensed agent to talk to. If you wish to get a price quote for a specific company, you can always jump over to their website and give them your coverage information.
Selecting a provider should depend on more than just a cheap quote. These are some valid questions you should ask.
- Will the company cover a rental car if your car is getting fixed?
- Can you contact them at any time?
- How long has their agency been in business in Philadelphia?
- Are there any discounts for paying up front?
- Are they actively involved in the community?
- What company do they have the most business with?
- Who is covered by the car insurance policy?
Multiple types of car insurance agents in Philadelphia
If you want a local agent, it’s important to understand the types of insurance agents and how they differ in how they can insure your vehicles. Philadelphia agents are classified as either exclusive or independent.
Exclusive Insurance Agencies
Agents in the exclusive channel can only write with one company and examples are AAA, Allstate, and State Farm. Exclusive agencies are unable to shop your coverage around so they have to upsell other benefits. Exclusive agents are usually quite knowledgeable on their company’s products which helps them sell insurance even at higher premiums. Some insured continue to buy insurance from these agents partially due to the brand name instead of buying on price only.
Listed below are exclusive agencies in Philadelphia that are able to give price quote information.
- Dave Penning – State Farm Insurance Agent
2962 Robbins Ave – Philadelphia, PA 19149 – (215) 537-8050 – View Map - Mike Hickey – State Farm Insurance Agent
86 Bethlehem Pike – Philadelphia, PA 19118 – (215) 753-1501 – View Map - Les Moore – State Farm Insurance Agent
6750 N 5th St – Philadelphia, PA 19126 – (215) 224-4400 – View Map
Independent Agents
Independent agencies do not have single company limitations and that is an advantage because they can write policies through many companies and potentially find a lower price. If they find a cheaper price, the agent simply finds a different carrier which is easy for the insured.
When comparing insurance rates, you absolutely need to include multiple independent agents to get the best comparison. Most have the option of insuring with smaller mutual companies which may have better rates.
The following are independent agents in Philadelphia who can help you get price quotes.
- Wade Insurance Agency
143 E Roosevelt Blvd – Philadelphia, PA 19120 – (215) 457-4995 – View Map - Nationwide Insurance: Ferullo Insurance Agencies LLC
1636 S Front St – Philadelphia, PA 19148 – (215) 468-4116 – View Map - Goebel Insurance Agency, Inc.
2026 S 12th St – Philadelphia, PA 19148 – (215) 465-9311 – View Map
Choosing the best Honda vehicle insurance in Pennsylvania is an important decision
Despite the potentially high cost of Honda Element insurance, car insurance may not be optional for several reasons.
- Just about all states have mandatory liability insurance requirements which means the state requires a minimum amount of liability insurance coverage in order to drive the car legally. In Pennsylvania these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If your Honda Element has a loan, almost all lenders will stipulate that you have comprehensive coverage to ensure the loan is repaid in case of a total loss. If the policy lapses, the lender may have to buy a policy to insure your Honda at an extremely high rate and require you to pay for it.
- Insurance protects both your vehicle and your assets. Insurance will pay for medical transport and hospital expenses for not only you but also any passengers injured in an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses in the event you are sued. If damage is caused by hail or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.
The benefits of carrying enough insurance greatly outweigh the cost, particularly when you have a large claim. Today the average American driver is overpaying over $865 each year so you should quote and compare rates at every policy renewal to ensure rates are competitive.
Car insurance coverage considerations
Understanding the coverages of car insurance can help you determine the best coverages and the correct deductibles and limits. Car insurance terms can be difficult to understand and coverage can change by endorsement.
Uninsured/Underinsured Motorist coverage
This protects you and your vehicle when the “other guys” either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Honda Element.
Because many people only purchase the least amount of liability that is required (which is 15/30/5), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.
Comprehensive coverage
Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things such as theft, damage from a tornado or hurricane, fire damage, hitting a deer and a tree branch falling on your vehicle. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Collision insurance
This coverage pays for damage to your Element from colliding with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.
Collision insurance covers things like hitting a parking meter, hitting a mailbox, sideswiping another vehicle, sustaining damage from a pot hole and driving through your garage door. This coverage can be expensive, so consider removing coverage from lower value vehicles. Another option is to choose a higher deductible on your Element to get cheaper collision coverage.
Liability insurance
This coverage protects you from injuries or damage you cause to people or other property. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 15/30/5 that means you have $15,000 in coverage for each person’s injuries, a limit of $30,000 in injury protection per accident, and property damage coverage for $5,000.
Liability insurance covers claims like repair costs for stationary objects, court costs, bail bonds, structural damage and emergency aid. How much liability coverage do you need? That is a personal decision, but consider buying as much as you can afford. Pennsylvania state minimum liability requirements are 15/30/5 but it’s recommended drivers buy higher limits.
The illustration below shows why buying minimum limits may not be adequate coverage.
Medical payments coverage and PIP
Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like surgery, rehabilitation expenses, nursing services and EMT expenses. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants as well as getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage
In conclusion
Low-cost Honda Element insurance in Philadelphia is available online in addition to local insurance agencies, so you should be comparing quotes from both to have the best selection. Some companies may not have price quotes online and these small insurance companies work with independent agents.
Insureds leave their current company for a number of reasons such as being labeled a high risk driver, denial of a claim, policy non-renewal or policy cancellation. Regardless of your reason for switching companies, finding a new car insurance company can be less work than you think.
In this article, we presented quite a bit of information on how to reduce Honda Element insurance prices online in Philadelphia. It’s most important to understand that the more companies you get rates for, the better your chances of lowering your rates. You may even discover the lowest priced car insurance comes from the least-expected company.
Additional articles
- Tools for Teen Driving Safety (State Farm)
- What Car Insurance is Cheapest for Immigrants in Philadelphia? (FAQ)
- Who Has Cheap Philadelphia Auto Insurance for Hybrid Vehicles? (FAQ)
- Car Insurance FAQ (Trusted Choice)
- Your Car has been Stolen: Now What? (Allstate)