Anita

Why Philadelphia Car Insurance Rates Are Changing

by Anita on March 20, 2019

Car insurance pricing takes into account risks that have not only to do with the driver and the vehicle but also national and local environmental risk and regulation. Since 2011, the average national car insurance prices have increased by 23.12 percent, including rates for Philadelphia car insurance.

These increases are the result of several calculated factors.

Legislation and Regulation:

Each U.S. state has its own governing body that regulates insurance prices. These set the required minimum level of coverage that residents must carry, determine if and when insurance companies can change rates, and consider insurance legislation regarding fraud and more.

Philadelphia sits at just over $1,000 above the U.S. national average for annual car insurance prices, making your choice of car insurance provider crucial in terms of securing the best rates, with the most complete coverage for you and your vehicle.

Population and Crime:

More populated cities with higher instances of traffic congestion, crime, and uninsured drivers often have higher insurance premiums. Philadelphia has experienced 12 years of straight growth recently, after a decade of population decline. With this growth comes increased pricing on car insurance rates, as the risk of accident, crime, and uninsured drivers increases with the rise in population. A staggering 12 percent of American drive without insurance.

Weather:

Natural disasters and various other events lead to huge increases in costly claims for a given area. This causes insurance companies to raise rates in order to account for their losses.

Last year, Hurricanes Florence and Michael generated massive insured losses across parts of the USA, substantially impacting rates.

The Greater Philadelphia area’s position near the Atlantic Ocean has made it vulnerable to hurricanes and tropical storms, and to flooding from storm surges along the Delaware River.

Economy and Behavior:

Americans are increasingly reckless behind the wheel, with cell phones, alcohol, drugs, other passengers, and even the cars themselves distracting our drivers.

Unfortunately, back in 2017, Philly was ranked 191 out of 200, in the Allstate nations best drivers report.

There are also more people driving in the USA than ever before, with mileage across U.S. roads steadily increasing since 2011. As of earlier this year, gas prices remain among the lowest they’ve been in the past decade, encouraging Americans to drive more. However, more drivers on the road lead to more accidents, claims, and increased rates to compensate for the risks and losses.

Freedom Insurance Group, Inc. works hard to keep rates for auto insurance in Yardley and across Philadelphia as affordable as possible. For the best competitive rates in your area, bespoke quotes, and amazing coverage as a promise, get a free quote here today.

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AnitaWhy Philadelphia Car Insurance Rates Are Changing

What You Should Know About Renters Insurance

by Anita on March 1, 2019
Call Freedom Insurance Group today to discuss Renters Insurance!

Renting a living space is an attractive option for many reasons. Chief among them: You don’t have to be responsible for upkeep, repairs, or replacing expensive appliances like furnaces or refrigerators.

But choosing to rent your home doesn’t absolve you from all responsibility. If you think you don’t need renters insurance because your landlord is there to take care of everything, you’re wrong. You’ve worked really hard and spent a long time amassing many thousands of dollars in personal property, and it would be foolish not to protect that.

At Freedom Insurance Group, we love helping customers protect themselves by hooking them up with affordable homeowners, life, and car insurance in the Philadelphia area. We want to do the same for renters.

Here’s what you need to know when shopping for a renters insurance policy.

  • Renters insurance protects your personal property – your furniture, your clothes, your electronics, etc. – from damage resulting from a fire in your rented home, or theft due to a break-in. Valuables such as heirloom jewelry or expensive pieces of art are often insured separately. It’s also common for flood insurance or earthquake insurance to be part of a separate policy.
  • Some renters insurance policies will protect the property you keep in your car, but will not cover damages to the car itself.
  • Renters insurance also can guard against liability, meaning that if someone gets injured in your apartment and tries to sue you, you’re covered.
  • When moving into a rental property, take inventory of your property – snap pictures, round up any important receipts – so you know what you own and how much it’s worth.
  • As with any insurance policy, it’s important to review your options with your insurance agent to make sure you’re getting a comprehensive policy that meets all your needs.

Spring is the start of moving season and a great time to think about rental insurance, especially if you’re a recent college graduate who is moving out of Mom and Dad’s house or relocating for work and shopping for apartments. Many rental properties require proof of renters insurance before you can sign a lease.

The agents at Freedom Insurance Group will be happy to sit down with you to search for the right renters insurance policies for your family. If you’re buying a home and need homeowners insurance, or there’s a new driver in your house and you need to beef up your car insurance anywhere in the Philadelphia, PA, area, give us a call today.

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AnitaWhat You Should Know About Renters Insurance

Why is Homeowners Insurance Important?

by Anita on January 25, 2019

When you dream of living on your own terms, you typically have a vision for your dream home. Owning a home comes with some difficulty, but it’s also a smart investment to make, especially if you plan on living in an area for five or more years. With the hefty amount of money and energy we pour into our homes, having your valuables destroyed due to an unexpected or disastrous incident could be life-changing.

At Freedom Insurance Group, Inc., our agents specialize in all types of insurance coverage for PA residents, including home insurance in Philadelphia, PA, automobile insurance, and life insurance. In this post, we want to explain the significance of personalized homeowners policies and why you should have one.

Homeowners Insurance Policy: A Necessity

In many cases, lenders will require protection on you before you can obtain a mortgage on a home. Typically, this protection will be a homeowners insurance policy personalized to the home and neighborhood you are looking to live in. Even in cases when an insurance policy is not directly required, it still is beneficial to guard against any accidents or setbacks.

Repairing Damage Following a Natural Disaster

If you’ve lived in the Northeast for some time now, you know just how unpredictable the weather can be. By possessing home insurance in Bensalem, PA, you’ll have the protection and means necessary to repair any damage that could be caused by Mother Nature.

Repairing or Replacing Your Valuable Possessions

Your home is more than just a place for you to sleep at night. It’s also where you store your most valuable belongings and possessions. When you have a personalized homeowners insurance policy, you won’t have to take on the financial burden of replacing lost furniture, electronics, and keepsakes.

Protecting Against Accidents or Personal Liabilities

Homeowners insurance can help protect you against accidents or personal liabilities if an accident were to take place inside your home. In the event that you have guests over and someone gets injured, our personalized policies will have you covered.

To learn more about our affordable and personalized homeowners insurance policies, contact us today for a quote!

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AnitaWhy is Homeowners Insurance Important?

3 Situations Where Having Roadside Assistance Can Help You Out

by Anita on December 27, 2018

Do you know if your current auto policy contains roadside assistance? A common misconception among car owners is that they don’t need roadside assistance on their policy, as many drivers feel the premiums they pay do not reflect what they get in return. However, have you considered what you would do if your vehicle got a flat tire heading home from work or broke down while on the family road trip? Roadside assistance is a helpful service to have with your auto insurance, especially if you don’t have any family or close friends nearby.

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Anita3 Situations Where Having Roadside Assistance Can Help You Out

Remember These 3 Tips When Winterizing Your Car

by Anita on November 30, 2018

Can you believe it? We couldn’t even make it until December to experience our first snowfall in the Greater Philadelphia region. With more and more leaves falling off the trees and frost on our cars being the first thing that greets us in the morning, it’s certainly safe to say that winter is coming across Philadelphia. Here at Freedom Insurance Group, Inc., we do more than just provide great rates on car and homeowners insurance in Philadelphia, PA. We also want to make sure you are prepared for the slick driving conditions of a Pennsylvania winter.

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AnitaRemember These 3 Tips When Winterizing Your Car

Your Winter Home Insurance Checklist

by Anita on November 1, 2018

The winter season has many things to appreciate about it. Brisk weather, serene landscapes, and yes—snow days—are all elements of wintertime that many of us look forward to.

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AnitaYour Winter Home Insurance Checklist

What Can Homeowners Insurance Cover?

by Anita on August 31, 2018

Homeowners insurance can be a lifesaver for many individuals and families that are affected by life’s most unfortunate circumstances. From house fires to burglary and even liability coverage for injuries or damage that occur to guests or their property in your home, our homeowners’ insurance in Philadelphia offers protection from a broad spectrum of scenarios.

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AnitaWhat Can Homeowners Insurance Cover?

What To Do When Potholes Damage Your Car

by Anita on August 2, 2018

Drivers in Pennsylvania have been feeling the sting of potholes wreaking havoc on their cars. Philadelphia drivers know all too well that hitting a large pothole at high speeds can cause extensive damage to your vehicle. From flat tires to scrapped undercarriages, damages can start to add up to expensive repairs. Depending on the damage, drivers can end up paying thousands of dollars for repairs. But by having the proper car insurance, drivers can breathe easy knowing that their car insurance will cover the damages.

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AnitaWhat To Do When Potholes Damage Your Car

5 Tips On How To Better Share The Road With Cyclists

by Anita on June 19, 2018

More and more Americans are choosing to take part in a healthy lifestyle, which is one of the reasons we see more and more cyclists out on the road these days. Coupled with expensive gas prices and the vehicular congestion that occurs in major cities, riding a bicycle from point A to point B has become a primary mode of transportation for many people, especially those in the city.  

Does it seem that anytime you make a trip into Center City, your nerves are on edge driving around with all the cyclists? You’re not alone. Car insurance in Philadelphia, PA, is incredibly important and can protect you if there were ever an accident. Here at Freedom Insurance Group Inc., we are able to offer our customers policies that are priced well within the minimum requirement according to PA state law.

This summer, as you travel around, you should also be sure to know how to share the road with cyclists. Check out our five tips below.

 

1.) Freshen up on Common Biking Signals

We’ve all seen the bikers pedaling around sticking their arms and hands out to signify an upcoming turn stop or change of lane. But what exactly do the different biking signals mean? As a smart driver, you should take the time to read up on common biking signals so you can be aware for your next drive.

 

2.) Know That Bikers Have Rights on the Road

Since cyclists are required to follow the same laws as drivers, they have the same right as you to be on the roads. By putting yourself in the cyclist’s position, you can better understand the difficulties cyclists face.

 

3.) Stay Off Your Phone

This is a given, even if there are no cyclists around. The last thing you need is another distraction while driving that can put you and others at risk. Just stay off your phone!

 

4.) Give Some Space When Passing

The best way to prevent against a swipe or collision is by allowing plenty of room between you and the bike you are passing. Treat passing a cyclist as if it was like any other vehicle on the road.

 

5.) Keep Cyclist in Mind After You Park

No, we’re not saying your whole entire life has to revolve around cyclists. But, if you find yourself having to park on the side of the road, you should be alert for cyclists as you open your car door. This is really important to keep in mind if a bike lane is in between the driving and parking lane.

 

For more great tips like this, or to learn about our homeowners insurance in Philadelphia, PA give us a call at 215-375-7733.

 

 

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Anita5 Tips On How To Better Share The Road With Cyclists