Car insurance is an essential financial product that all drivers in Pennsylvania should have. It provides financial protection in the event of a car accident or other types of damage to your vehicle. In this article, we will discuss the benefits of car insurance in Pennsylvania, average prices, insurance carriers, types of policies, and relevant laws.
Benefits Of Having Car Insurance in Pennsylvania
One of the main benefits of car insurance is that it can cover the costs of any damages that you may cause to another person's vehicle or property in a car accident. It can also cover medical expenses if you or your passengers are injured in an accident. In addition, car insurance can provide financial protection against theft, vandalism, and other types of damage to your own vehicle.
The Average Cost of Car Insurance in Pennsylvania
The average cost of car insurance in Pennsylvania is around $1,100 per year, but the exact price will depend on various factors such as your age, driving record, type of vehicle, and the amount of coverage you need. Some insurance carriers that offer coverage in Pennsylvania include Allstate, Geico, State Farm, and Progressive.
Types Of Car Insurance Policies in Pennsylvania
There are several types of car insurance policies available in Pennsylvania, including liability coverage, collision coverage, comprehensive coverage, and personal injury protection (PIP). Liability coverage is the most basic type of car insurance and covers damages that you may cause to another person's property or vehicle. Collision coverage pays for damages to your own vehicle if you are involved in an accident. Comprehensive coverage covers damages to your vehicle from non-collision events such as theft, vandalism, or natural disasters. PIP coverage covers medical expenses for you and your passengers after an accident.
Car Insurance Laws in Pennsylvania
In Pennsylvania, it is required by law that all drivers have at least the minimum amount of liability coverage. The minimum liability coverage in Pennsylvania is $15,000 per person for bodily injury, $30,000 per accident for bodily injury, and $5,000 per accident for property damage.
Summary
Car insurance is an important financial product that all drivers in Pennsylvania should have. It provides financial protection in the event of an accident or other damages to your vehicle. If you are in need of car insurance in Pennsylvania, be sure to click on the offers below to get the best rates.
Updated January 13, 2023