How to save $500 or even $1,000 a year on car insurance in the Philly area
by Kevin Brasler, For The Inquirer, Updated: April 29, 2020
Shopping for auto insurance probably isn’t on your pandemic “to do” list. Most car owners never do it even in normal times. But if you’re stuck at home with extra time, spending a few hours collecting rates from insurers will likely pay off.
Most consumers stay with the same company year after year, often concluding that steep discounts they get for their loyalty or not having any speeding tickets or accidents means they won’t find better pricing elsewhere. That’s usually untrue. Although you might be getting a price break from your current company, many competitors will offer low prices to lure you away.
Nonprofit consumer group Delaware Valley Consumers’ Checkbook magazine and Checkbook.org compared prices charged by the region’s largest auto insurers and found that most area drivers could save $500 or more a year by making a better choice. Many could save $1,000 or more. For the next month, Checkbook is offering free access to its ratings of auto insurance companies to Inquirer readers at Checkbook.org/Inquirer/auto-insurance.