Best cheap car insurance in Philadelphia for 2025

The best car insurance companies in Philadelphia

The best car insurance companies for most drivers are the carriers that offer competitive coverage, excellent service and convenient tools to manage your policy — without overcharging for coverage. Finding that perfect blend of price and value can feel challenging, which is why Bankrate’s insurance editorial team took a close look at the data for insurers in Philadelphia.

In addition to average premium data from Quadrant Information Services, we analyzed each company’s coverage options, available discounts, financial strength ratings and customer satisfaction scores in the most recent J.D. Power studies. Based on these metrics and more, we assigned each carrier a Bankrate Score on a 5.0-point scale to quickly capture how well that provider meets its customers’ needs.

The cheapest car insurance companies in Philadelphia

If price is the primary factor in your insurance shopping process, you may want to request quotes from Auto-Owners, Geico and Progressive. According to Bankrate’s research, these are the three cheapest car insurance companies in Philadelphia for state minimum coverage — the cheapest type of policy that satisfies Pennsylvania insurance requirements. However, these three carriers may not be cheapest for everyone. The table below compares rates from more cheap car insurance companies in the Philadelphia area.

How much is car insurance in Philadelphia, Pennsylvania?

The average cost of car insurance in Philadelphia, Pennsylvania is $4,154 per year, or $346 per month, for full coverage insurance and $899 per year, or $75 per month, for minimum coverage. That’s 70 percent more than the Pennsylvania average of $2,442 per year for full coverage and 55 percent more than the national average.

However, the averages shown above represent average costs for 40-year-old drivers with clean records. If that’s not you, your age or your driving record — or any of the other rating factors that impact car insurance pricing — you will likely pay a different rate for auto insurance in Philadelphia. We’ll break down age and driving record, two of the most important rating factors, below.

Philadelphia rates for teens

Teen drivers represent one of the highest risk groups for insurance companies. Their lack of driving experience translates to a statistically higher rate of accidents and violations, which can generate costs for insurers. As a result, Philadelphia teens pay some of the highest rates for insurance — but staying on your parents' policy can diffuse some of the risk (and high costs) of teen car insurance.

On average, an 18-year-old driver in Philadelphia pays $9,744 per year for full coverage insurance. Included on a family policy with both parents, the total average cost of coverage is $7,278 per year.

Philadelphia rates for young drivers

As drivers move into their twenties, the cost of car insurance typically begins to drop, with the most significant decrease after age 25. On average, 25-year-olds in Philadelphia pay $5,123 per year for full coverage, compared to $8,190 at age 20.

Philadelphia rates for adults

In adulthood, car insurance rates typically stabilize for drivers with clean records. On average, Philadelphia drivers pay about $4,487 for full coverage at age 30, $4,154 at age 40 and $3,857 at age 50.

Philadelphia rates for senior drivers

Senior drivers may have lower car insurance costs than other adults thanks to a lifetime of driving experience. However, increased vulnerability to age-related health concerns, such as diminished eyesight and slower reaction times, may prompt insurers to raise rates as drivers enter their seventies. The average annual full coverage premium for 60-year-old Philadelphia drivers is $3,734, while 70-year-olds pay an average of $4,023.

The cheapest car insurance in Philadelphia by driving record

Insurance companies look at your driving record when setting premiums to determine your risk of filing a claim. Drivers with clean records pay the lowest rates, but various driving violations and accidents can affect your rate differently depending on your carrier.

Car insurance with a speeding ticket in Philadelphia

A Pennsylvania speeding ticket conviction can raise your car insurance rates significantly. Philadelphia drivers with a single speeding ticket pay $4,696 per year for full coverage, on average — that's 13 percent more than drivers with clean records.

Car insurance after an accident in Philadelphia

Car insurance rates tend to increase after an at-fault accident. On average, Philadelphia drivers with a single at-fault accident on their driving record pay 41 percent more for full coverage than drivers with clean records, for an annual total of $5,329. In some cases, an accident where you weren’t at fault can also cause your rates to go up, typically by a smaller amount.

Car insurance after a DUI in Philadelphia

Under Pennsylvania’s DUI laws, a DUI conviction carries severe penalties, including a $300 fine, up to six months probation, alcohol highway safety school, a one-year ignition interlock device requirement and an ungraded misdemeanor charge. A DUI will also raise your insurance rates. On average, Philadelphia drivers with a single DUI conviction on their record pay $7,176 per year for full coverage and $1,567 for state minimum coverage. That’s 73 percent more and 74 percent more, respectively, than drivers with clean records.

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze April 2025 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a single, 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $50,000 property damage liability per accident
• $100,000 uninsured motorist bodily injury per person
• $300,000 uninsured motorist bodily injury per accident
• $500 collision deductible
• $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2023 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.

Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations.

Teens: Rates were determined by adding a 16- or 17-year-old teen to their 40-year-old married parents' policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy.

Auto Bankrate Score

Our 2025 Bankrate Score for auto insurance considers key variables that our insurance editorial team determined impact policyholders’ experiences with an insurance company. These factors include a robust assessment of each company’s cost of coverage, product availability, financial strength ratings, online capabilities and customer and claims support accessibility. We grouped these factors into three essential categories — cost and ratings, coverage and savings, and support — which we then weighted in a tiered approach. 

Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlighting where they fall short.

• Tier 1 (Cost & ratings): To determine how well auto insurance companies satisfy these priorities, our team analyzed quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best, Demotech and the National Association of Insurance Commissioners (NAIC). 
• Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated the discount options listed on each company’s website.
• Tier 3 (Support): To encompass the many ways an auto insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored in a company’s corporate sustainability efforts.