The Best Car Insurance in Philadelphia, PA, for 2022

Erie, with a MoneyGeek score of 90 out of 100 for balancing customer satisfaction, affordability and financial stability, is the best car insurance company in Philadelphia. However, your age, coverage and other factors may determine the best option.

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Last Updated: 8/12/2022
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MoneyGeek determined Erie is the best overall auto insurance company in Philadelphia, Pennsylvania. However, the best auto insurance for you depends on the coverage you choose, your age and driving history. MoneyGeek found the top insurance providers for full and minimum coverage, young and older drivers, drivers with violations and military members.

MoneyGeek also provides details about the cheapest auto insurance in Philadelphia.

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The Best Car Insurance in Philadelphia

Best Car Insurance Companies in Philadelphia: Overall

MoneyGeek uncovered the best car insurance providers in Philadelphia based on claims ratings, customer satisfaction and average premiums for various driver profiles. Using this analysis, the following companies are the best:

  • Erie: 91 out of 100
  • State Farm: 88 out of 100

MoneyGeek gave USAA a score of 100 out of 100, which made it the best insurer in Philadelphia. However, it is not included above because only active and retired military members and their families are eligible for its policies.

The Top Car Insurance Companies in Philadelphia

1
ErieOverall
Score:91

4.5/5

Affordability

4.7/5

Claims

4.8/5

User Satisfaction

4.5/5

Financial Stability

Geek Quick Take
Geek Quick Take

Erie received very good scores for affordability, customer satisfaction, claims and financial stability. Better car replacement is one of the company's rare add-on coverages. In Philadelphia, full coverage insurance costs roughly $1,578 per year with Erie.

More About Erie

Through Erie's better car replacement, a new car totaled in the first two years of ownership is replaced with a newer car of the same model. Drivers who owned the car for more than two years can have it replaced with a model that’s two years newer. Also, following a three-year, claims-free period with Erie, there is no premium surcharge if you are at fault for an accident for the first time.

Read MoneyGeek's Erie auto Insurance Review
2
State Farm
Score:88

4.5/5

Affordability

4/5

Claims

4/5

User Satisfaction

5/5

Financial Stability

Geek Quick Take
Geek Quick Take

State Farm earned a perfect score of 5 out of 5 for stability and above-average ratings for customer satisfaction, claims and affordability. Drivers can make use of its add-on rideshare insurance coverage. A full coverage State Farm insurance policy costs an average of $1,597 yearly in Philadelphia.

More About State Farm

Rideshare company drivers (like Uber and Lyft) who want some of their policy’s coverages and protections while working may find State Farm's rideshare insurance to be a suitable match. With this add-on, you enjoy services like roadside assistance, rental car reimbursement and medical expense coverage.

Read MoneyGeek's State Farm auto Insurance Review
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RESOURCES ON CAR INSURANCE IN PHILADELPHIA, PENNSYLVANIA

MoneyGeek looked into the cheapest car insurance in Philadelphia, so drivers in the city can save money. If you want to learn more about getting cheap auto insurance in Pennsylvania, MoneyGeek has the following resources:

Best Cheap Car Insurance for Minimum Coverage in Philadelphia

Drivers in Philadelphia must possess Pennsylvania’s minimum required insurance coverage. For state minimum coverage, the best auto insurance providers in Philadelphia are:

  • Erie: 90 out of 100
  • GEICO: 88 out of 100

MoneyGeek selected these companies by evaluating insurance coverage for drivers from diverse backgrounds, including those with traffic infractions, young drivers and senior citizens.

MoneyGeek’s Pick: Erie

Erie

pros

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Minimum coverage policy averages $680 per year

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Offers common discounts like bundling and airbags

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Offers a discount for anti-lock brakes

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MoneyGeek claims ratings of 4.71 out of 5

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MoneyGeek customer satisfaction rating of 4.79 out of 5

cons

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No common discounts like paperless, defensive driving or safe driving

COMPANY HIGHLIGHTS

Bundling insurance is a typical discount offered by Erie. By insuring multiple cars or having multiple policies with Erie (such as life insurance or home insurance with car insurance), you can get a discount.

Additionally, Erie policyholders may be eligible for an anti-lock brakes discount if their vehicles have anti-lock brakes. You can also save with airbags or by installing an anti-theft device in your vehicle.

Read MoneyGeek's Erie Auto Insurance Review

Best Car Insurance for Young Drivers in Philadelphia

MoneyGeek has determined the top car insurance companies in Philadelphia for teens and young adults. The following companies are the best:

  • Erie: 92 out of 100
  • State Farm: 90 out of 100

MoneyGeek came to these conclusions by reviewing various insurance policy coverage costs and considering multiple driving histories of 18-year-old Philadelphia drivers. Because of their inexperience behind the wheel, auto insurance for students and teen auto insurance has a higher premium.

MoneyGeek’s Pick: Erie

Erie

pros

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Full coverage policy averages $4,401 per year for a safe young driver

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Offers discounts for driver’s education course completion, distant student and young, safe drivers

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MoneyGeek claims ratings of 4.71

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MoneyGeek customer satisfaction rating of 4.79 out of 5

cons

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No good student discount

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No roadside assistance add-on coverage

COMPANY HIGHLIGHTS

Adding a teenage driver to your policy can be expensive, but Erie has some of the best rates in Philadelphia. By choosing a reputable company, it is reassuring for young, inexperienced drivers and their parents to know that if they have to file a claim, they receive great service.

To help young drivers save money, Erie offers discounts, especially for them. They include distant student, driver’s education and young, safe driver. To qualify for the young, safe driver discount, you must be under 21, unmarried and live at home with your parents.

Read MoneyGeek's Erie Auto Insurance Review

Best Car Insurance for Senior Drivers in Philadelphia

Senior drivers in Philadelphia find the best auto insurance with the following companies:

  • State Farm: 88 out of 100
  • Erie: 88 out of 100

MoneyGeek selected these auto insurance companies as the best for Philadelphia seniors by examining various insurance policies and driving records of a 70-year-old driver. In general, car insurance for senior drivers is higher than for middle-aged people.

MoneyGeek’s Pick: State Farm

State Farm

pros

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A full coverage policy for a safe 70-year-old senior driver costs around $1,537 per year

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MoneyGeek claims and customer satisfaction ratings of 4 out of 5

cons

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No common discounts like pay-in-full or paperless

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No unique discounts for seniors

COMPANY HIGHLIGHTS

Auto insurance for seniors is the same as any other driver, but some insurers charge them more. State Farm has the most affordable rates for senior drivers in Philadelphia. Although the company does not provide many add-on coverages, senior drivers can benefit from multiple discounts, although none specific to their age. They can, for example, install an anti-theft device in their vehicle or complete a defensive driving course to qualify for a lower rate.

State Farm does not offer rare add-on coverages, but roadside assistance and rental car/travel reimbursement can be useful for senior drivers. If your car is undrivable, you are reimbursed for up to $500 in rental car and travel expenses, as well as up to $500 in deductible payback if you cause an accident with the rental car.

Read MoneyGeek's State Farm Auto Insurance Review

Best Car Insurance With a Driving Violation in Philadelphia

After committing a traffic violation, you have a bad driving record and car insurance does cost more. MoneyGeek found the best auto insurance companies in Philadelphia for drivers with an at-fault accident on their record:

  • Erie: 94 out of 100
  • State Farm: 93 out of 100

MoneyGeek used various driver ages and coverage levels to determine these rankings. Insurance companies categorize individuals with a poor driving history as high-risk and charge them higher premiums.

MoneyGeek’s Pick: Erie

Erie

pros

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A full coverage policy for a 40-year-old driver with an accident on record averages $2,023 per year

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Offers accident forgiveness, better car replacement and new car replacement add-on coverages

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MoneyGeek claims ratings of 4.71 out of 5

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MoneyGeek customer satisfaction rating of 4.79 out of 5

cons

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Offers only one common discount - bundling

COMPANY HIGHLIGHTS

Companies that offer affordable auto policies, good customer service and discount opportunities are beneficial to drivers with accidents or other violations. Add-on coverages are also helpful to drivers with a bad record.

For example, Erie's new car replacement add-on coverage provides drivers with the newest model of their car if it is less than two years old when totaled in an accident. If they have had it over two years, they get a model that is two years newer.

As for discounts, Erie has multiple to choose from for drivers. Anti-lock brakes and airbags are easy to qualify for with newer cars that come with these features. Bundling is another way to save if you have auto insurance and home or life insurance with Erie.

Read MoneyGeek's Erie Auto Insurance Review

Best Car Insurance With a Military Background in Philadelphia

For eligible active or retired military members in Philadelphia, USAA strikes the best balance between cost and customer satisfaction. Based on MoneyGeek’s unique scoring system, USAA achieved a perfect 100 out of 100. USAA only offers auto insurance to military personnel and their families, catering its policies to their needs.

MoneyGeek computed this score by comparing different coverage levels and driver profiles, such as insurance for young and middle-aged drivers, as well as those with traffic violations.

MoneyGeek’s Pick: USAA

USAA

pros

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Affordable full coverage policy costs around $1,102 per year for a 40-year-old driver

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Offers five common discounts, including safe driving, defensive driving and multiple car

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MoneyGeek claims rating and user satisfaction rating of 5 out of 5

cons

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No anti-theft system, airbag, pay-in-full or paperless discount

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No better car replacement, gap insurance, new car replacement or deductible modification

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Only available to current and former military members and their families

COMPANY HIGHLIGHTS

For claims, customer satisfaction and affordability, USAA received a perfect 5-star rating, making it an excellent choice for military drivers in need of auto insurance. It provides common add-on coverages like roadside assistance and rental car/travel reimbursement, plus accident forgiveness and rideshare insurance, which are less common. But, other optional coverages are not available with USAA.

USAA offers five of the nine common discounts: bundling, multiple car, safe driving, defensive driving and good student. Its vehicle storage discount is rare and gives a discounted premium to cars in storage. Additionally, USAA policyholders may be eligible for a mileage discount depending on the annual miles driven.

Read MoneyGeek's USAA Auto Insurance Review

Methodology

By gathering prices and data from the city's top insurance companies, MoneyGeek was able to analyze and rank Philadelphia's best auto insurance companies. We used data from three industry experts: AM Best, J.D. Power and the National Association of Insurance Commissioners (NAIC).

MoneyGeek assigned a five-point scale to each area, then a 100-point scale to the total result. We used a variety of parameters to compute the overall affordability score, including age, driving record and coverage levels, which were adjusted as needed to concentrate on various driver profiles:

  • Affordability (70%): MoneyGeek analyzed quotes from Philadelphia's auto insurers to evaluate companies according to the cost of their policies. An insurer was awarded a perfect score of five if it offered the lowest pricing in the city.
  • Customer satisfaction and claims satisfaction (20%): MoneyGeek utilized J.D. Power survey findings to evaluate the service and claims satisfaction of consumers with each insurance provider. Each category was assigned a 10% weighting.
  • Financial stability (10%): AM Best ratings, which reflect an insurance company's ability to fulfill financial commitments, were used to determine the financial soundness of companies.

MoneyGeek studied several driver profiles and used characteristics, such as age, driving record and coverage levels, to determine an insurance provider's overall affordability rating. We created a list of the most affordable insurance providers after filtering results based on driver profiles.

MoneyGeek, for example, determined the best insurance carrier for young drivers by using a sample profile of an 18-year-old male driver with a clean driving record.

MoneyGeek's analysis of car insurance policies in Philadelphia includes the cost of a full coverage policy with the following coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $100,000 property damage liability
  • Comprehensive and collision coverage with a $1,000 deductible

The methodology of MoneyGeek provides additional information on how and where the company collects data for comparisons and rankings.

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.