1994 Honda Passport Insurance Rates – 10 Tips for Cheaper Quotes

Want lower auto insurance rates for your Honda Passport? Did you fall for a flashy sales pitch and buy high-priced auto insurance? Trust us when we tell you there are lots of people in the same boat.

Big companies like Progressive, Geico and Farmers Insurance continually hit you with advertising and it is difficult to see past the geckos and flying pigs and effectively compare rates to find the best deal.

Consumers should take time to compare prices yearly due to the fact that insurance rates trend upward over time. If you had the best rates on Passport insurance a couple years back you may be paying too much now. Ignore everything you know about auto insurance because we’re going to demonstrate the fastest way to eliminate unnecessary coverages and save money.

More discounts equal less premium

Car insurance is not cheap, but companies offer discounts that can drop the cost substantially. Some trigger automatically at the time of quoting, but a few must be inquired about before they will apply.

  • Discount for Life Insurance – Select insurance companies reward you with lower rates if you buy auto and life insurance together.
  • Military Rewards – Being deployed with a military unit could mean lower rates.
  • Low Mileage – Keeping the miles down on your Honda could be rewarded with a substantially lower rate.
  • Multiple Policy Discount – When you combine your home and auto insurance with the same company you will save approximately 10% to 15%.
  • Pay Now and Pay Less – By paying your policy upfront instead of monthly or quarterly installments you could save 5% or more.
  • Multi-car Discount – Buying coverage for more than one vehicle on one policy may reduce the rate for each vehicle.
  • Homeowners Pay Less – Owning a home may earn you a small savings because maintaining a house demonstrates responsibility.
  • No Charge for an Accident – Some insurance companies will allow you to have one accident before hitting you with a surcharge if you are claim-free for a certain period of time.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles prevent accidents and qualify for as much as a 10% discount.
  • Federal Government Employee – Simply working for the federal government can earn a discount up to 10% on Passport insurance with certain companies.

Keep in mind that most discount credits are not given the the whole policy. The majority will only reduce the cost of specific coverages such as liability and collision coverage. So despite the fact that it appears you could get a free auto insurance policy, you won’t be that lucky. But all discounts will help reduce your overall premium however.

Car insurance companies that may have these benefits are:

It’s a good idea to ask every prospective company which discounts they offer. Discounts may not apply in your area.

It’s not one size fits all

When it comes to choosing the right insurance coverage for your vehicles, there really is no “best” method to buy coverage. Everyone’s needs are different so this has to be addressed. These are some specific questions may help you determine whether you might need an agent’s assistance.

  • Am I missing any policy discounts?
  • Why am I required to buy liability insurance?
  • Do I need added coverage for expensive stereo equipment?
  • What if I total my 1994 Honda Passport and owe more than it’s worth?
  • Do I pay less if my vehicle is kept in my garage?
  • When can I cancel my policy?
  • How much liability coverage do I need in my state?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area.

Can you really save that much by switching?

Insurance coverage providers like State Farm, Allstate and Geico regularly use television and radio advertisements. They all say the same thing about savings if you move your policy. How can each company make the same claim?

All companies have a certain “appetite” for the type of customer that makes them money. An example of a preferred risk might be profiled as between the ages of 30 and 50, a clean driving record, and has great credit. A propective insured who matches those parameters will get the preferred rates and therefore will pay quite a bit less when switching companies.

Drivers who don’t qualify for the requirements will be charged higher prices which usually ends up with business not being written. The ad wording is “customers who switch” not “people who quote” save money. That’s the way companies can truthfully make those claims.

That is why you need to quote coverage with many companies. It’s not possible to predict which company will have the lowest Honda Passport insurance rates.

Information about specific coverages

Having a good grasp of insurance helps when choosing the right coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and coverage can change by endorsement. These are typical coverage types found on the average insurance policy.

Uninsured and underinsured coverage

Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Honda Passport.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Most of the time these coverages are set the same as your liablity limits.

Comprehensive coverages

This pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as damage from a tornado or hurricane, a broken windshield, falling objects and fire damage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability insurance

Liability insurance protects you from damages or injuries you inflict on other people or property. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 25/50/25 which stand for a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as emergency aid, repair bills for other people’s vehicles, pain and suffering and repair costs for stationary objects. How much liability coverage do you need? That is your choice, but you should buy higher limits if possible.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for bills like EMT expenses, rehabilitation expenses, surgery and ambulance fees. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Collision coverage

This coverage covers damage to your Passport from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like hitting a parking meter, crashing into a ditch, backing into a parked car and colliding with another moving vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to choose a higher deductible to get cheaper collision coverage.

Be a penny pincher

When buying insurance coverage, you should never skimp on critical coverages to save a buck or two. There are many occasions where an insured cut uninsured motorist or liability limits and learned later that it was a big error on their part. Your strategy should be to buy the best coverage you can find for the lowest price, not the least amount of coverage.

We just presented quite a bit of information on how to compare 1994 Honda Passport insurance prices online. The key concept to understand is the more you quote, the better likelihood of reducing your rate. Drivers may discover the lowest priced insurance coverage comes from an unexpected company. Regional companies can often provide lower rates in certain areas compared to the large companies like Allstate, Geico and Progressive.

For more information, feel free to visit the resources below: