Compare Suzuki Equator Insurance Quotes in Philadelphia

Having to pay for overpriced Suzuki Equator insurance in Philadelphia can stress out your savings account and make it tough to pay other bills.

It’s a known fact that car insurance companies don’t want customers comparing rates. Insureds who compare rates at least once a year will presumably switch companies because there is a good chance of finding good coverage at a lower price. A study discovered that drivers who routinely shopped for cheaper coverage saved approximately $3,400 over four years compared to those who never shopped for cheaper rates.

If finding the cheapest price for Suzuki Equator insurance is the reason for your visit, then having an understanding of how to get free comparison quotes and analyze insurance can save time and money.

There are many insurance companies to insure vehicles with, and even though it’s nice to have a choice, it can be more challenging to find the best rates for your vehicles.

When looking for inexpensive Philadelphia car insurance quotes, there are a couple ways to obtain and compare prices from local Philadelphia insurance companies. One of the best ways to find the cheapest Suzuki Equator insurance rates is to jump online and get quotes.

Comparing price quotes online is fast and free, and it makes it obsolete to spend your day driving to insurance agencies in your area. Doing it all online eliminates this option unless you require the extra assistance that only an agent can give. Although, it is possible get prices online but buy the policy through an agent. When quoting insurance, remember that comparing more rates from different companies will enable you to find a lower rate than you’re paying now.

The providers in the list below offer comparison quotes in Pennsylvania. If multiple companies are listed, we suggest you visit as many as you can in order to find the most affordable rates.

Discounts mean cheaper rates for Suzuki Equator insurance in Philadelphia

Companies that sell car insurance don’t always publicize all possible discounts in a way that’s easy to find, so we break down some of the best known and also the lesser-known credits available to bring down your rates.

• Save over 55 – Mature drivers may receive lower premium rates.
• Anti-theft Discount – Cars equipped with tracking devices and advanced anti-theft systems help deter theft and will save you 10% or more on Equator insurance in Philadelphia.
• Auto/Life Discount – Larger insurance carriers have a discounted premium rate on car insurance if you buy life insurance from them.
• Student Discounts – Being a good student can be rewarded with saving of up to 25%. Most companies allow this discount until age 25.
• Government Employees – Federal government employees could provide a small rate reduction with certain companies.
• Multiple Vehicles – Purchasing coverage when you have primary and secondary vehicles on the same auto insurance policy can reduce rates for all insured vehicles.
• Online Discount – A few larger online companies will give a small break for buying your policy online.
• Air Bags and Passive Restraints – Factory air bags and/or automatic seat belt systems could see savings of more than 20%.
• Resident Student – Older children who are enrolled in a college that is more than 100 miles from Philadelphia and do not have a car may be able to be covered for less.

We need to note that most credits do not apply to the entire policy premium. Most only apply to the price of certain insurance coverages like comp or med pay. Despite the appearance that you can get free auto insurance, insurance companies wouldn’t stay in business. But any discount will definitely lower your auto insurance premiums.

The example below visualizes the comparison of Suzuki Equator yearly insurance costs with and without discounts applied. The premiums assume a female driver, no accidents, no driving violations, Pennsylvania state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, multi-policy, claim-free, homeowner, and safe-driver discounts applied.

The best auto insurance companies and a selection of discounts are:

• Farm Bureau discounts include youthful driver, good student, renewal discount, safe driver, multi-policy, and 55 and retired.
• State Farm includes discounts for anti-theft, Drive Safe & Save, safe vehicle, good driver, accident-free, and Steer Clear safe driver discount.
• Progressive policyholders can earn discounts including online quote discount, multi-vehicle, good student, multi-policy, homeowner, and online signing.
• Allstate offers discounts for senior citizen, anti-theft, EZ pay plan discount, anti-lock brakes, and auto/life discount.
• Nationwide offers premium reductions for family plan, easy pay, accident-free, good student, business or organization, multi-policy, and defensive driving.
• MetLife offers discounts including good student, multi-policy, claim-free, defensive driver, accident-free, and good driver.

Check with every prospective company which discounts you may be entitled to. Depending on the company, some discounts may not be offered in Philadelphia. If you would like to view insurers with discount rates in Pennsylvania, follow this link.

Car insurance statistics and figures

The table shown below highlights different policy rates for Suzuki Equator models. Having a good understanding how premiums are figured is important for you to make informed decisions.

Above prices assume married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Price estimates do not factor in zip code location which can modify price quotes significantly.

Raise deductibles and save

One of the more difficult decisions when buying car insurance is which comprehensive and collision deductibles to buy. The following tables sum up the costs and benefits between high and low deductibles. The first table uses a $100 physical damage deductible and the second price table uses a $500 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Information does not factor in garaging location in Philadelphia which can revise prices considerably.

Based on this data, using a $100 deductible costs about $23 more each month or $276 for a full year than opting for the higher $500 deductible. Since you would have to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you go more than 17 months between claim filings, you would most likely save money if you decide on a higher deductible.

The chart below shows how choosing a deductible and can influence Suzuki Equator yearly insurance costs for different ages of insureds. Data assumes a married female driver, comp and collision included, and no additional discounts are factored in.

Rate increases following a ticket or accident

The example below highlights how traffic violations and at-fault collisions can raise Suzuki Equator car insurance costs for different age groups. The costs are based on a single male driver, full coverage, $100 deductibles, and no additional discounts are factored in.

Difference between liability only and full coverage rates

The example below compares Suzuki Equator car insurance costs when comparing full coverage to liability only. The rate quotes are based on no driving violations, no at-fault accidents, $100 deductibles, single status, and no other discounts are factored in.

When to drop comprehensive and collision

There is no set guideline for excluding comprehensive and collision coverage on your policy, but there is a general convention. If the yearly cost of full coverage is more than around 10% of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.

For example, let’s say your Suzuki Equator claim settlement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, you would only receive $7,000 after the policy deductible has been paid. If premiums are more than $700 annually to have full coverage, then it’s probably a good time to buy liability coverage only.

There are some circumstances where removing full coverage is not advised. If you haven’t satisfied your loan, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should not eliminate full coverage.

Insurance Price Influencing Factors

A large part of saving on car insurance is knowing the factors that play a part in calculating car insurance rates. If you have a feel for what determines base rates, this enables informed choices that could result in lower premium levels.

The factors shown below are some of the factors utilized by car insurance companies to help set premiums.

Safer vehicles save money – Cars with five star safety ratings are cheaper to insure. Vehicles built for safety reduce the chance of injuries and lower injury rates means less claims paid and more competitive rates for policyholders. If your Suzuki Equator is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may cost less to insure.

Avoid car insurance lapses – Going without insurance can be a guaranteed way to bump up your car insurance costs. And not only will insurance be more expensive, getting caught without coverage can result in fines and jail time. You may then be required to provide proof of insurance in the form of an SR-22 filing with the Pennsylvania motor vehicle department to get your license reinstated.

Where you live can influence costs – Being located in a rural area has it’s advantages if you are looking for the lowest rates. Fewer drivers on the road means less chance of accidents in addition to lower liability claims. Urban drivers tend to have congested traffic and a longer drive to work. More time commuting can result in more accidents.

Do females or males drive better? – Over the last 30 years, statistics show that men are more aggressive behind the wheel. This data doesn’t prove that women are better drivers. Men and women cause accidents at about the same rate, but the males tend to have higher claims. Men also receive more major tickets such as DWI and reckless driving. Youthful male drivers have the highest risk to insure and are penalized with high car insurance rates.

The diagram below visualizes the comparison of Suzuki Equator insurance rates for male and female drivers. The costs are based on no tickets, no at-fault accidents, comp and collision included, $100 deductibles, drivers are single, and no discounts are applied to the premium.

Single drivers take more risk – Having a wife or husband actually saves money compared to being single. It is viewed as being less irresponsible it has been statistically shown that drivers who are married are more cautious.

Low deductibles mean high premiums – The deductibles tell how much you are required to spend in the event of a claim. Insurance for physical damage to your car, aka comp and collision, covers damage that occurs to your car. Some coverage claims are a windshield broken by a bird, fire damage, and damage caused by road hazards. The more money you’re willing to pay, the lower your rates will be.

Higher premiums for tough occupations – Careers such as doctors, police officers, and emergency personnel generally have higher premiums than the average policyholder attributed to intense work situations and incredibly demanding work hours. On the flip side, careers like scientists, students and homemakers get better rates.

Insurance agents can help

A small number of people still prefer to talk to an insurance agent and often times that is recommended One of the benefits of comparing rates online is you can get better rates and still buy from a local agent. And supporting local insurance agencies is especially important in Philadelphia.

After completing this form (opens in new window), your coverage information is sent to local insurance agents who want to provide quotes and help you find cheaper coverage. There is no need to drive around as quotes are delivered to your email. It’s the lowest rates AND a local agent. If you need to compare prices for a specific company, you would need to go to their quote page and fill out the quote form the provide.

If you’re trying to find local Philadelphia agents, it can be helpful to understand the types of agencies and how they can service your needs differently. Agencies in Philadelphia are classified as either independent or exclusive.

Independent Insurance Agencies

Independent agents are not limited to a single company so as a result can place your coverage through many companies and potentially find a lower price. If you are not satisfied with one company, they can switch companies in-house and you don’t have to switch agencies. When comparing insurance prices, you need to include rate quotes from independent agents so that you can do a thorough price comparison.

Below is a small list of independent agencies in Philadelphia who can help you get price quotes.

More insurance agents

Exclusive Insurance Agencies

Agents in the exclusive channel write business for a single company and examples are Allstate and State Farm. These agents are unable to provide rate quotes from other companies so they are skilled at selling on more than just price. Exclusive agents are usually quite knowledgeable on sales techniques which aids in selling service over price.

Shown below is a list of exclusive insurance agents in Philadelphia that are able to give comparison quotes.

More insurance agents

Finding the right insurance agency is decision based upon more than just the quoted price. These are some valid questions you should ask.

• Do they get extra compensation for selling add-on coverages?
• Do clients work directly with the agent or are most inquiries handled by a CSR?
• In the event of vehicle damage, can you pick the collision repair facility?
• Is their price quote a firm figure or are their hidden costs?
• Are they properly licensed to sell insurance in Pennsylvania?
• When do they do a full risk review?
• Is vehicle mileage a factor when determining depreciation for repairs?

Which policy gives me the best coverage?

When it comes to choosing a policy, there really isn’t a cookie cutter policy. You are unique and your policy should reflect that.
For instance, these questions can aid in determining whether you may require specific advice.

• Why am I required to get a high-risk car insurance policy?
• Should I bundle my homeowners policy with my auto?
• Should I sign the liability waiver when renting a car?
• When should I drop full coverage on my Suzuki Equator?
• Do I need an umbrella policy?
• Does coverage follow the driver or the vehicle?
• Do I benefit by insuring my home with the same company?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Find affordable rates by being thorough

Cheaper Suzuki Equator insurance in Philadelphia is available from both online companies and also from your neighborhood Philadelphia agents, and you need to price shop both to have the best selection. Some auto insurance companies may not provide internet price quotes and these smaller providers prefer to sell through independent agents.

While you’re price shopping online, do not reduce needed coverages to save money. In too many instances, an accident victim reduced uninsured motorist or liability limits and discovered at claim time they didn’t have enough coverage. Your strategy should be to purchase a proper amount of coverage at the best cost, not the least amount of coverage.

Additional auto insurance information is located at these links:

• Distracted Driving Statistics (Insurance Information Institute)
• Who Has the Cheapest Philadelphia Car Insurance for a Nissan Versa? (FAQ)
• Who Has Affordable Philadelphia Car Insurance for 17 Year Olds? (FAQ)
• Who Has the Cheapest Auto Insurance for Real Estate Agents in Philadelphia? (FAQ)
• What Car Insurance is Cheapest for Safe Drivers in Philadelphia? (FAQ)
• Who Has the Cheapest Auto Insurance for Good Drivers in Philadelphia? (FAQ)
• What Insurance is Cheapest for High Mileage Drivers in Philadelphia? (FAQ)
• Electronic Stability Control FAQ (iihs.org)
• Safety Tips for Teen Drivers (Insurance Information Institute)