Key Takeaways
- Progressive is the cheapest car insurance company for minimum coverage, with an average monthly rate of $60.
- Erie is the cheapest for full coverage, charging $190 a month.
- The average Philadelphia driver pays $260 a month for full coverage. That’s slightly more than the statewide average of $244.
In this article
The cheapest car insurance companies in Philadelphia, PA
The cheapest car insurance companies in Philadelphia are Erie, Progressive and Nationwide. Each provider has the most affordable rates for the following drivers:
- Cheapest for full coverage: Erie
- Cheapest for minimum coverage: Progressive
- Cheapest for drivers with bad credit: Nationwide
Progressive, which is the country’s third-largest auto insurance provider, also leads the way in rates for seniors, young drivers and drivers with a DUI.
Besides full coverage, Erie offers the city’s cheapest rates for married drivers and drivers with an at-fault accident on their records.
Which company has the cheapest rates for you? The best way to find out is to compare auto insurance quotes from several companies.
Pennsylvania car insurance state minimums
All Pennsylvania drivers are required to carry 15/30/5 car insurance. This means policies must include at least:
| Coverage type | State requirements |
|---|---|
| Bodily injury liability | $15,000 per person / $30,000 per accident |
| Property damage liability | $5,000 per accident |
Beyond state-required liability insurance, drivers may also add additional coverages for:
- Towing and rental fees
- Medical payments
- Uninsured or underinsured drivers
Cheapest minimum-coverage auto insurance rates in Philadelphia: Progressive
Progressive has the cheapest minimum-coverage auto insurance rates, charging $60 per month, on average.
In Philadelphia, the average driver pays $112 a month for minimum-coverage insurance. That means Progressive drivers enjoy a discount of close to 50%.
| Insurance company | Monthly rate |
|---|---|
| Progressive | $60 |
| Erie | $82 |
| State Farm | $92 |
| Nationwide | $104 |
| Allstate | $150 |
| GEICO | $197 |
| USAA* | $100 |
| Rates are for minimum-coverage car insurance for a 35-year-old male with a good driving record. *Only available to current/former military and their families. | |
See how much you could save on car insurance
Cheapest full-coverage auto insurance rates in Philadelphia: Erie
Erie has the most affordable full-coverage insurance, with average rates of $190 a month.
The average cost of full-coverage car insurance in Philadelphia is $260 a month, meaning Erie drivers enjoy rates that are 30% cheaper.
No state requires full-coverage car insurance, but some lenders and lessors do. Typically, these policies feature collision and comprehensive coverages in addition to the state-required liability minimums.
| Insurance company | Monthly rate |
|---|---|
| Erie | $190 |
| State Farm | $207 |
| Progressive | $214 |
| Nationwide | $239 |
| Allstate | $350 |
| GEICO | $387 |
| USAA* | $234 |
| Rates are for full-coverage car insurance for a 35-year-old male with a good driving record. *Only available to current/former military and their families. | |
Cheapest car insurance in Philadelphia for drivers with bad credit: Nationwide
Drivers with bad credit looking for cheap car insurance should go to Nationwide, where they’ll find a city-leading average rate of $331 a month.
Philadelphia’s average car insurance rate for drivers with bad credit is $452 a month, much more than for similar drivers with good credit. That difference is common nationwide, due to studies showing a correlation between credit scores and driving risk.
| Insurance company | Monthly rate |
|---|---|
| Nationwide | $331 |
| Progressive | $374 |
| State Farm | $449 |
| Erie | $456 |
| Allstate | $584 |
| GEICO | $789 |
| USAA* | $234 |
| Rates are for full-coverage car insurance for a 35-year-old male with poor credit and a good driving record. *Only available to current/former military and their families. | |
Cheapest car insurance for drivers with a prior incident
The cheapest car insurance companies for drivers with a prior incident are State Farm, Erie and Progressive.
We found State Farm to have the lowest premiums for drivers with a speeding ticket, while Erie leads the way for drivers with an accident on their records. Finally, Progressive is the most affordable choice for drivers with a DUI.
Cheapest for drivers with a speeding ticket: State Farm
State Farm has the best rates for drivers with a speeding ticket. The company charges $207 a month, on average.
Drivers with speeding tickets often pay higher car insurance rates — as evidenced by our data, which shows that nationwide, those with a speeding ticket on their record pay 20% more on average.
| Insurance company | Monthly rate |
|---|---|
| State Farm | $207 |
| Progressive | $214 |
| Erie | $215 |
| Nationwide | $277 |
| Allstate | $350 |
| GEICO | $501 |
| USAA* | $262 |
| Rates are for full-coverage car insurance for a 35-year-old male with one speeding ticket on his driving record. *Only available to current/former military and their families. | |
Cheapest for drivers with an at-fault accident: Erie
Drivers with an at-fault accident should head to Erie for cheap car insurance, as it offers a city-leading average rate of $267 a month.
Typically, drivers with accidents on their records pay even more for car insurance than those with speeding tickets. Our research shows that, on average, a speeding ticket increases monthly rates by 45%.
| Insurance company | Monthly rate |
|---|---|
| Erie | $267 |
| State Farm | $286 |
| Progressive | $334 |
| Nationwide | $391 |
| Allstate | $522 |
| GEICO | $657 |
| USAA* | $339 |
| Rates are for full-coverage car insurance for a 35-year-old male with one at-fault accident on his driving record. *Only available to current/former military and their families. | |
Cheapest for drivers with a DUI: Progressive
Progressive offers Philadelphia’s cheapest car insurance for drivers with a DUI, as the company charges just $259 a month for full coverage.
DUIs can cause a major increase in your monthly premiums. In Philadelphia, the average driver with a DUI pays $379 a month for car insurance — 46% more than what those with clean records pay.
| Insurance company | Monthly rate |
|---|---|
| Progressive | $259 |
| Nationwide | $277 |
| Erie | $319 |
| Allstate | $350 |
| State Farm | $386 |
| GEICO | $749 |
| USAA* | $313 |
| Rates are for full-coverage car insurance for a 35-year-old male with one DUI on his driving record. *Only available to current/former military and their families. | |
Compare car insurance quotes from top providers
Cheapest car insurance for senior drivers: Progressive
Senior drivers will find the lowest auto insurance rates at Progressive, which charges $177 a month.
Seniors often enjoy low car insurance rates, as providers see them as experienced, reliable drivers. In Philadelphia, senior drivers pay $233 a month, on average, for full coverage — almost $30 less than the average for 35-year-olds.
| Insurance company | Monthly rate |
|---|---|
| Progressive | $177 |
| Erie | $178 |
| State Farm | $188 |
| Nationwide | $217 |
| GEICO | $267 |
| Allstate | $308 |
| USAA* | $223 |
| Rates are for full-coverage car insurance for a 65-year-old male with a clean driving record. *Only available to current/former military and their families. | |
Cheapest car insurance for young drivers: Progressive
Progressive is the cheapest car insurance company for young drivers in Philadelphia. The company charges an average $161 a month for minimum coverage.
However, Erie leads the way for full coverage, with monthly premiums costing $511.
| Insurance company | Minimum coverage | Full coverage |
|---|---|---|
| Progressive | $161 | $658 |
| Erie | $213 | $511 |
| Nationwide | $262 | $662 |
| State Farm | $278 | $676 |
| GEICO | $307 | $745 |
| Allstate | $485 | $943 |
| USAA* | $159 | $398 |
| Rates are for an 18-year-old male with a clean driving record. *Only available to current/former military and their families. | ||
Cheapest car insurance for married drivers: Erie
Married drivers get the best deals on car insurance from Erie, which charges them $180 a month for full-coverage policies.
In many cases, married drivers can get better car insurance rates than their single counterparts. That’s true in Philadelphia, where the average married driver pays $252 a month, compared to $260 for singles.
| Insurance company | Monthly rate |
|---|---|
| Erie | $180 |
| Progressive | $200 |
| State Farm | $207 |
| Nationwide | $210 |
| Allstate | $333 |
| GEICO | $433 |
| USAA* | $200 |
| Rates are for full-coverage car insurance for a married 35-year-old male with a good driving record. *Only available to current/former military and their families. | |
Car insurance laws in Pennsylvania
No-fault car insurance
Pennsylvania is a “choice” no-fault car insurance state, meaning drivers are on the hook for their own expenses, repairs and medical bills after an accident, regardless of who caused it. However, Pennsylvania also lets drivers opt out of no-fault coverage, instead giving themselves the ability to get financial help if they’re ruled the victim of an accident.
Financial Responsibility Insurance Certificate (SR-22)
An SR-22 is not required for all drivers in Pennsylvania. Instead, the form — which is basically a certificate showing that you meet the state’s liability requirements — is only required for those returning from certain license suspensions, such as for DUIs.
Philadelphia car insurance: FAQs
Progressive has the cheapest minimum-coverage car insurance in Philadelphia, charging an average $60 a month. Meanwhile, Erie leads the way for full-coverage car insurance with a $190-a-month average premium.
The average cost of minimum-coverage auto insurance in Philadelphia is $112 a month. For full-coverage auto insurance, the citywide average is $260 a month.
State Farm charges the cheapest car insurance rates to Philadelphia drivers with a speeding ticket at $207 a month for full-coverage policies.
Methodology
The rates shown in this article are based on an analysis of more than 300,000 auto insurance quotes obtained from Quadrant Information Services for sample drivers from across Philadelphia, Pennsylvania.
Unless otherwise noted, our sample driver is a single 35-year-old with good credit. All sample drivers own a 2012 Honda Accord LX that they drive for an average of 13,500 miles per year.
Our senior base driver is a 65-year-old male with a good driving record. Our young base driver is an 18-year-old male with a good driving record.
Minimum-coverage rates reflect the cost of policies meeting the minimum liability limits required by the state.
Full-coverage policies include the following coverages, limits and deductibles:
- Bodily injury liability: $100,000 limit per person/$300,000 limit per accident
- Property damage liability: $100,000 limit
- Collision: $500 deductible
- Comprehensive: $500 deductible
Sources:
Auto insurance by city
- Philadelphia
- Erie
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