If saving the most money is your goal, then the best way to save on auto insurance rates is to compare prices regularly from different companies in Pittsburgh.
- Gain an understanding of what coverages are included in your policy and the steps you can take to prevent rate increases. Many factors that increase rates like traffic citations, accidents, and a negative credit history can be rectified by making minor changes to your lifestyle.
- Request rate estimates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from a single company like Progressive or State Farm, while agents who are independent can provide price quotes from multiple companies.
- Compare the price quotes to the price on your current policy to determine if switching companies saves money. If you find a lower rate, make sure there is no lapse in coverage.
A good tip to remember is to use similar limits and deductibles on every quote and and to get price quotes from as many companies as you can. This guarantees a fair rate comparison and the best price quote selection.
It’s shocking but nearly 70% of customers kept their policy with the same company for more than four years, and just short of a majority have never quoted rates to find cheaper coverage. Pennsylvania drivers could save an average of $686 each year, but most just don’t grasp the amount of money they would save if they switched.
Finding cheaper policy in Pittsburgh is easy if you know what you’re doing. Essentially every person who carries insurance most likely will find lower prices. Although Pennsylvania consumers should learn the methods companies use to calculate your policy premium because rates fluctuate considerably.
Auto insurance rates and discounts
Auto insurance is not an enjoyable expense, but companies offer discounts that could help you make your next renewal payment. Some trigger automatically at the time of purchase, but some discounts are required to be asked for prior to getting the savings.
- Government Employee Discount – Active or retired federal employment may qualify for a discount when you quote Pittsburgh car insurance but check with your company.
- Seat Belts Save – Drivers who always wear seat belts and also require passengers to wear their seat belts could cut 10% or more on medical payment and PIP coverage.
- Discount for Multiple Policies – If you combine your auto and home policies with one company they may give you a discount of approximately 10% to 15%.
- Student in College – Youth drivers who live away from home to go to college and do not take a car to college could qualify for this discount.
- Driver’s Education for Students – Teen drivers should enroll in driver’s education in school.
- Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts can get savings of 20 to 30 percent.
- Organization Discounts – Being a member of a civic or occupational organization in Pittsburgh can get you a small discount on your bill.
- Discount for Swiching Early – A few larger companies allow discounts for switching companies prior to the expiration date on your current Corvette insurance policy. It can save you around 10%.
- Military Rewards – Being deployed with a military unit can result in better prices.
Don’t be surprised that most discount credits are not given to your bottom line cost. Most only reduce specific coverage prices like medical payments or collision. Just because it seems like adding up those discounts means a free policy, it’s just not the way it works.
The illustration below illustrates the comparison of Chevy Corvette annual premium costs with and without discounts applied. The rates are based on a male driver, no claims, a clean driving record, Pennsylvania state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, multi-car, safe-driver, claim-free, and multi-policy discounts applied.
Popular auto insurance companies and a partial list of their discounts include:
- GEICO policyholders can earn discounts including anti-lock brakes, air bags, multi-vehicle, anti-theft, membership and employees, good student, and driver training.
- Auto-Owners Insurance offers discounts including anti-lock brakes, multi-policy, mature driver, good student, safe driver, student away at school, and group or association.
- American Family discounts include good driver, TimeAway discount, Steer into Savings, good student, and multi-vehicle.
- Esurance has savings for multi-policy, Pac-12 alumni, good student, multi-car, homeowner, and anti-lock brakes.
- Progressive has discounts for online signing, good student, multi-vehicle, continuous coverage, multi-policy, and homeowner.
- State Farm may offer discounts for good driver, anti-theft, multiple policy, defensive driving training, accident-free, Steer Clear safe driver discount, and good student.
- AAA may include discounts for pay-in-full, education and occupation, good student, good driver, and multi-car.
When quoting, ask all the companies what discounts are available to you. Some discounts listed above might not be offered in every state. To locate auto insurance companies with the best discounts in Pittsburgh, click this link.
When price shopping your coverage, quoting more helps improve the odds of finding a better price.
The companies shown below can provide price quotes in Pennsylvania. If your goal is to find the best cheap car insurance in Pennsylvania, we suggest you visit several of them to get a more complete price comparison.
Insurance rate breakdown
The price information displayed next highlights different insurance prices for Chevy Corvette models. Being more informed about how rates are established helps drivers make decisions on the best policy coverages.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corvette 2-Dr Coupe | $338 | $770 | $228 | $14 | $68 | $1,418 | $118 |
| Corvette GS 2-Dr Coupe | $400 | $858 | $228 | $14 | $68 | $1,568 | $131 |
| Corvette 2-Dr Convertible | $400 | $858 | $294 | $18 | $88 | $1,658 | $138 |
| Corvette GS 2-Dr Convertible | $432 | $948 | $294 | $18 | $88 | $1,780 | $148 |
| Corvette Z06 2-Dr Coupe | $432 | $948 | $228 | $14 | $68 | $1,690 | $141 |
| Corvette ZR1 2-Dr Coupe | $558 | $1306 | $228 | $14 | $68 | $2,174 | $181 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Price estimates do not factor in your specific Pittsburgh location which can alter insurance rates noticeably.
Analysis of deductible levels
When buying insurance, a common question is where to set your physical damage deductibles. The following tables may help to illustrate how much more you’ll pay when you select higher and lower physical damage coverage deductibles. The first data table uses a $250 deductible for physical damage and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corvette 2-Dr Coupe | $352 | $658 | $218 | $12 | $66 | $1,331 | $111 |
| Corvette GS 2-Dr Coupe | $418 | $734 | $218 | $12 | $66 | $1,473 | $123 |
| Corvette 2-Dr Convertible | $418 | $734 | $280 | $16 | $84 | $1,557 | $130 |
| Corvette GS 2-Dr Convertible | $450 | $810 | $280 | $16 | $84 | $1,665 | $139 |
| Corvette Z06 2-Dr Coupe | $450 | $810 | $218 | $12 | $66 | $1,581 | $132 |
| Corvette ZR1 2-Dr Coupe | $582 | $1116 | $218 | $12 | $66 | $2,019 | $168 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Corvette 2-Dr Coupe | $286 | $530 | $218 | $12 | $66 | $1,112 | $93 |
| Corvette GS 2-Dr Coupe | $340 | $592 | $218 | $12 | $66 | $1,228 | $102 |
| Corvette 2-Dr Convertible | $340 | $592 | $280 | $16 | $84 | $1,312 | $109 |
| Corvette GS 2-Dr Convertible | $366 | $654 | $280 | $16 | $84 | $1,400 | $117 |
| Corvette Z06 2-Dr Coupe | $366 | $654 | $218 | $12 | $66 | $1,316 | $110 |
| Corvette ZR1 2-Dr Coupe | $472 | $900 | $218 | $12 | $66 | $1,668 | $139 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Table data does not factor in specific zip code location which can affect premiums noticeably.
Based on the above data, using a $250 deductible will cost you approximately $22 more each month or $264 for a full year across all Chevrolet Corvette models than quoting the higher $500 deductible. Since you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you normally average at least 11 months between claims, you would more than likely save some money if you choose the higher deductible. The table below shows how this determination is made.
| Average monthly premium for $250 deductibles: | $134 |
| Average monthly premium for $500 deductibles (subtract): | – $112 |
| Monthly savings from raising deductible: | $22 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $22 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 11 months |
The illustration below demonstrates how choosing different deductibles and can impact Chevy Corvette insurance costs for different age groups. Data assumes a married male driver, full physical damage coverage, and no discounts are applied.
Comparison of insurance rates by age and gender
The diagram below shows the comparison of Chevy Corvette premium costs for male and female drivers. The rate quotes are based on no tickets, no at-fault accidents, full coverage, $250 deductibles, marital status is single, and no policy discounts are applied.
Chevrolet Corvette full coverage rates compared to liability only
The example below compares Chevy Corvette insurance rates when comparing full coverage to liability only. The premium estimates are based on a clean driving record, no claims, $100 deductibles, drivers are not married, and no policy discounts are applied.
Should you buy full coverage or liability only?
There is no exact rule to eliminate physical damage coverage on your policy, but there is a general school of thought. If the annual cost of coverage is more than about 10% of replacement cost minus your deductible, then you may need to consider dropping full coverage.
For example, let’s say your Chevy Corvette replacement value is $4,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company would pay you is $3,000 after paying your policy deductible. If you are paying in excess of $300 a year for physical damage coverage, then it may be the right time to buy liability only.
There are a few cases where dropping physical damage coverage is not financially feasible. If you haven’t satisfied your loan, you must maintain physical damage coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.
How You Can Control Chevy Corvette Insurance Premiums
The best way to find cheaper auto insurance is to take a look at a few of the rating criteria that go into determining the level of your policy premiums. If you have some idea of what influences your rates, this helps enable you to make changes that can earn you better auto insurance rates.
Listed below are some of the factors companies use to determine prices.
Safety first – Vehicles with high crash test scores get lower rates. Vehicles built for safety reduce injuries and better occupant protection means your insurance company pays less which can mean better rates for you.
A coverage lapse can increase rates – Not maintaining insurance is against the law and auto insurance companies will penalize you for letting your insurance lapse for non-payment. Not only will rates go up, getting caught without coverage may result in a license revocation or jail time.
Low coverage deductibles can be expensive – The deductibles define how much you are required to spend out-of-pocket if a claim is determined to be covered. Physical damage protection, also called comprehensive and collision insurance, insures against damage to your car. Some coverage claims are rear-ending another vehicle, fire damage, and damage caused by road hazards. The higher the amount you choose to pay out-of-pocket, the lower your rates will be.
Avoid unnecessary add-on coverages – Insurance policies have a lot of additional extra coverages that can add up if you don’t pay attention. Coverages for rental car reimbursement, accident forgiveness, and additional equipment coverage are some examples. The coverages may be enticing when buying your policy, but if you have no use for them remove them and pocket the money.
Careless drivers pay higher rates – Attentive drivers pay less for auto insurance than their less careful counterparts. Only having one chargeable violation can increase the cost of insurance by as much as thirty percent. Drivers who get flagrant violations like reckless driving, hit and run or driving under the influence may face state-mandated requirements to file a SR-22 to the state department of motor vehicles in order to prevent a license revocation.
The diagram below illustrates how speeding tickets and at-fault fender-benders can increase Chevy Corvette premium costs for different insured age categories. The premiums are based on a married female driver, comp and collision included, $500 deductibles, and no other discounts are factored in.
Insurance premiums and vehicle performance – The make and model of the car or truck you need insurance for makes a big difference in your car insurance bill. The lowest performance passenger cars usually have the lowest rates, but your final cost has many other factors.
The following data uses these variables: single male driver age 20, full coverage with $1000 deductibles, and no discounts or violations. The chart compares Chevrolet Corvette rates compared to other models that have a range of performances.
Chevy Corvette insurance loss statistics – Insurers use past insurance losses when they calculate premium rates for each model. Models that the data shows to have increased claim numbers or amounts will have higher premium rates.
The table below shows the insurance loss data for Chevy Corvette vehicles. For each policy coverage, the claim probability for all vehicles averaged together equals 100. Values that are under 100 are indicative of better than average losses, while numbers above 100 indicate more frequent losses or larger claims.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Chevrolet Corvette 2dr | 116 | 36 | 101 | 42 | 48 | 39 |
| Chevrolet Corvette Convertible | 99 | 25 | 57 | 36 | ||
| Chevrolet Corvette Z06 2dr | 176 | 126 |
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
When to get professional advice
When choosing proper insurance coverage, there really is no single plan that fits everyone. Everyone’s needs are different so your insurance should reflect that These are some specific questions could help you determine whether or not you might need an agent’s assistance.
- Is there coverage for injuries to my pets?
- Do I need PIP (personal injury protection) coverage in Pennsylvania?
- How can I get my company to pay me more for my totaled car?
- Is my babysitter covered when using my vehicle?
- What happens if I owe more than my Chevy Corvette is worth?
- Am I covered if I wreck a rental car?
- How do I file an SR-22 for a DUI in Pennsylvania?
If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier
Auto insurance agents near you
Many drivers just prefer to buy from a licensed agent and that can be a smart move One of the best bonuses of getting online price quotes is you can get lower rates and still have a local agent. Putting coverage with neighborhood agents is definitely important in Pittsburgh.
Once you complete this short form, the quote information is transmitted to local insurance agents who want to provide quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to find an agent since price quotes are sent immediately to you. It’s the lowest rates AND a local agent. If you have a need to get a price quote from a specific insurance provider, you just need to go to their quote page to submit a rate quote request.
Pick the best car insurance agent in Pittsburgh for you
When researching a local Pittsburgh insurance agent, you should know the different types of agencies from which to choose. Insurance agents in Pittsburgh are classified as either independent (non-exclusive) or exclusive.
Independent Insurance Agents
These agents do not write with just one company so they can insure your vehicles through many companies and get you the best rates possible. If your premiums go up, they simply switch companies in-house and you won’t have to switch agencies. When shopping rates, you should always get insurance quotes from several independent insurance agents for the best price selection.
The following are independent insurance agencies in Pittsburgh that may be able to give you cheap rate quotes.
Murray Insurance Agency
1565 McFarland Rd – Pittsburgh, PA 15216 – (412) 561-1600 – View Map
Hurley Insurance Brokers
3508 Fifth Ave – Pittsburgh, PA 15213 – (412) 682-6100 – View Map
J.S. Smith Insurance Agency
101 Bellevue Rd Suite 02 – Pittsburgh, PA 15229 – (412) 931-6070 – View Map
Exclusive Agents
Exclusive agencies have only one company to place business with like AAA, Allstate, and State Farm. They usually cannot place coverage with different providers so always compare other rates. Exclusive agencies receive a lot of sales training on the products they sell and that can be a competitive advantage.
The following is a short list of exclusive insurance agents in Pittsburgh willing to provide rate quotes.
Darla Zeli – State Farm Insurance Agent
2513 E Carson St – Pittsburgh, PA 15203 – (412) 431-7166 – View Map
GEICO Insurance Agent
9026 St Simon Way – Pittsburgh, PA 15237 – (412) 364-7170 – View Map
Joy Capozzi – State Farm Insurance Agent
3111 Banksville Rd #207 – Pittsburgh, PA 15216 – (412) 344-3014 – View Map
Finding a good insurance agent requires more thought than just the premium amount. These are some valid questions you should ask.
- What are the financial ratings for the companies they represent?
- What discounts might you be missing?
- Do they carry Errors and Omissions coverage?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
After talking to the agent and getting good responses to these questions in addition to an acceptable price estimate, it’s a good possibility that you have found an insurance agent that is reliable enough to provide insurance coverage. Just keep in mind consumers can cancel a policy whenever you choose to so don’t feel that you are obligated to any specific agency with no way to switch.
Car insurance protects more than just your car
Despite the high insurance cost for a Chevy Corvette in Pittsburgh, insurance may be mandatory for several reasons.
- The majority of states have mandatory insurance requirements which means you are required to buy a specific level of liability insurance in order to drive the car legally. 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.
- If you have a lien on your Chevy Corvette, almost every bank will force you to have comprehensive coverage to guarantee payment of the loan. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your Chevy at a much higher premium rate and require you to fork over the higher price.
- Car insurance protects both your Chevy and your personal assets. Insurance will pay for many types of medical costs for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, will also pay attorney fees if you are sued as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to have it repaired.
The benefits of buying enough insurance greatly outweigh the cost, particularly when you have a large claim. According to a 2015 survey, the average American driver is overpaying over $820 a year so it’s recommended you shop around at every policy renewal to save money.
Quote more to save more
As you go through the steps to switch your coverage, make sure you don’t buy lower coverage limits just to save a few bucks. There are many occasions where someone sacrificed full coverage only to regret that the few dollars in savings costed them thousands. Your objective should be to purchase a proper amount of coverage for the lowest cost and still be able to protect your assets.
Some companies may not provide rate quotes online and many times these regional carriers work with local independent agents. The cheapest Chevy Corvette insurance in Pittsburgh can be sourced from both online companies in addition to local insurance agencies, so compare prices from both to get a complete price analysis.
More information can be found at the links below
- Preventing Carjacking and Theft (Insurance Information Institute)
- Who Has Affordable Auto Insurance for Drivers Under 25 in Pittsburgh? (FAQ)
- Insurance losses by make and model (Insurance Institute for Highway Safety)
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Uninsured Motorist Statistics (Insurance Information Institute)
- Auto Insurance FAQ (Farmers Insurance)