If you want to find the absolute lowest rates, then the best way to find lower priced car insurance rates is to regularly compare price quotes from insurers who provide car insurance in Pittsburgh.
- Step 1: Spend a few minutes and learn about how car insurance works and the factors you can control to keep rates in check. Many risk factors that drive up the price such as inattentive driving and a substandard credit history can be eliminated by making minor driving habit or lifestyle changes. Keep reading for additional tips to get lower rates and get additional discounts.
- Step 2: Get rate quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only quote rates from a single company like Progressive or Farmers Insurance, while independent agents can provide price quotes from multiple insurance companies.
- Step 3: Compare the new rate quotes to your existing rates and determine if there is any savings. If you can save some money and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
A key point to remember is to use the same physical damage deductibles and liability limits on every quote and and to get rates from as many different companies as possible. Doing this helps ensure the most accurate price comparison and a complete price analysis.
It’s a fact that car insurance companies want to prevent you from shopping around. People who compare other rates are very likely to switch to a new company because there is a great chance of finding a lower-priced company. A recent survey found that consumers who shopped around saved over $865 a year compared to those who never shopped around for cheaper prices.
If saving money on insurance is your intention, then having a grasp of how to get free comparison quotes and analyze cheaper coverage can make the process more efficient.
If you are already insured or are just looking to switch companies, use these techniques to reduce premiums and still have adequate protection. Quoting and comparing the lowest-priced car insurance policy in Pittsburgh is not as hard as you think. Comparison shoppers just have to know the proper way to compare insurance rates over the internet.
Getting a cheaper price on insurance can be relatively painless. The only thing you need to do is spend a few minutes comparing rates from different insurance companies.
The companies shown below offer free rate quotes in Pennsylvania. If you want cheaper car insurance in PA, we recommend you visit two to three different companies to get the best price comparison.
Insuring your Lexus vehicle just makes sense
Despite the high insurance cost for a Lexus CT 200h in Pittsburgh, maintaining insurance may be mandatory for several reasons.
First, almost all states have minimum liability requirements which means it is punishable by state law to not carry a specific level of liability insurance coverage in order to drive the car. 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.
Second, if you have a lien on your vehicle, almost every bank will require you to have insurance to ensure loan repayment if the vehicle is totaled. If you do not pay your insurance premiums, the lender will be forced to insure your Lexus for a much higher rate and force you to reimburse them the higher premium.
Third, insurance safeguards not only your vehicle but also your financial assets. Insurance will also pay for medical expenses for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, will also pay to defend you if you cause an accident and are sued. If damage is caused by hail or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.
The benefits of buying insurance outweigh the cost, especially with large liability claims. According to a recent study, the average American driver overpays more than $855 a year so compare rates each time the policy renews to ensure rates are competitive.
Five Things That Influence Your Insurance Prices
Lots of factors are taken into consideration when you get a price on insurance. Most are fairly basic such as your driving history, but other factors are more transparent such as your marital status or your commute time.
Your job can affect rates – Did you know your occupation can influence how much you pay for insurance? Careers such as fire fighters, air traffic controllers, and financial analysts have the highest rates in part from job stress and incredibly demanding work hours. Other occupations like farmers, engineers and performers receive lower rates.
Better prices on safer cars – Cars with high safety ratings tend to be cheaper to insure. Highly rated vehicles reduce the chance of injuries and fewer serious injuries translates directly to fewer claims and more competitive rates for policyholders.
Liability coverage – Liability coverage will provide protection when a jury decides you are liable for causing personal injury or damage in an accident. Liability provides legal defense coverage to defend your case. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so do not cut corners here.
Teen drivers cost more – Youthful drivers in Pennsylvania are statistically proven to be inattentive and easily distracted when behind the wheel and because of this, their insurance rates are much higher. Parents adding a teenage driver to your policy can increase premiums substantially. Older drivers are more cautious drivers, tend to file fewer claims, and tend to be get fewer driving tickets.
Male premiums may be higher – Statistics demonstrate that men are more aggressive behind the wheel. That doesn’t necessarily mean that men are worse drivers. Both genders are responsible for at-fault accidents at a similar rate, but the male of the species cause more damage. They also receive more major tickets such as reckless driving. Youthful male drivers generally have the highest accident percentage so they pay the highest premiums.
Lexus CT 200h claim statistics – Insurers use past loss statistics for each vehicle as a tool for profitable underwriting. Models that the data shows to have higher prevalence or dollar amount of losses will have higher premium rates. The table below illustrates the actual insurance loss data for Lexus CT 200h vehicles.
For each insurance policy coverage type, the claim amount for all vehicles, as a total average, is set at 100. Percentages below 100 indicate a favorable loss history, while values that are above 100 indicate frequent claims or statistically larger claims.
Specific Lexus Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
---|---|---|---|---|---|---|
Lexus CT 200h Hybrid 4dr | 128 | 92 | 140 | 97 | 114 | 96 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
One last thing about your coverage
You just learned a lot of ways to save on Lexus CT 200h insurance in Pittsburgh. The key thing to remember is the more rate quotes you have, the better chance you’ll have of finding inexpensive Pittsburgh car insurance quotes. You may even be surprised to find that the lowest prices are with a small local company.
Drivers switch companies for a number of reasons such as high prices, high rates after DUI convictions, not issuing a premium refund and even lack of trust in their agent. It doesn’t matter why you want to switch switching car insurance companies is not as hard as you think.
As you quote Pittsburgh car insurance, never skimp on coverage in order to save money. There have been many situations where an insured dropped uninsured motorist or liability limits only to regret that it was a big mistake. Your goal should be to find the BEST coverage at the best price, but don’t skip important coverages to save money.
For more information, link through to the resources below:
- Electronic Stability Control FAQ (iihs.org)
- Who Has Cheap Car Insurance Rates for College Students in Pittsburgh? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Real Estate Agents in Pittsburgh? (FAQ)
- Who Has Affordable Pittsburgh Auto Insurance for Teenage Females? (FAQ)
- How Much are Pittsburgh Auto Insurance Quotes for 18 Year Olds? (FAQ)
- How Much is Pittsburgh Auto Insurance for a 20 Year Old Male? (FAQ)
- Vehicle Size and Weight FAQ (iihs.org)
- Coverage Information (Progressive Insurance)
- Rearview cameras reduce backing crashes (Insurance Institute for Highway Safety)
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)