1994 Honda Prelude Insurance Quotes – 5 Tips for Best Rates

Drivers have a choice when trying to find affordable Honda Prelude insurance. You can either waste hours contacting agents getting price quotes or use the internet to compare rates.

There are both good and bad ways to shop for insurance coverage and you need to know the quickest way to get price quotes on a Honda and find the cheapest rates either online or from local insurance agents.

Compare the Market for Auto Insurance

Cutting your auto insurance rates doesn’t have to be difficult. The only thing you need to do is spend a few minutes to compare rate quotes from different insurance companies. This can be done in several different ways.

The fastest way consumers can analyze rates is an all-inclusive rate comparison (click to open form in new window). This form eliminates the need for separate forms for each company. A single form gets you price quotes from auto insurance companies with the best prices. This is by far the quickest method.

Another way to obtain and compare quotes online is to take the time to go to each individual company website and fill out their own quote form. For example, we’ll pretend you want to compare Liberty Mutual, Farmers and American Family. To find out each rate you need to go to every website to input your insurance information, which is why the first method is quicker. To view a list of companies in your area, click here.

It’s your choice how you get your quotes, but compare apples-to-apples coverages for every quote you compare. If the quotes have different values for each quote then you won’t be able to decipher which rate is best.

Your personal situation dictates your coverage

When choosing coverage for your vehicles, there really is not a one size fits all plan. Everyone’s situation is unique.

These are some specific questions may help you determine whether or not you may require specific advice.

  • Do I need medical payments coverage since I have good health insurance?
  • Who is covered when they drive my 1994 Honda Prelude?
  • Are rental cars covered under my policy?
  • Is other people’s property covered if stolen from my vehicle?
  • What is covered by UM/UIM coverage?
  • How can I find cheaper teen driver insurance?

If it’s difficult to answer those questions, you might consider talking to an agent. To find lower rates from a local agent, complete this form. It’s fast, free and may give you better protection.

Insurance coverages 101

Learning about specific coverages of your policy helps when choosing the right coverages at the best deductibles and correct limits. Insurance terms can be confusing and reading a policy is terribly boring.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for bills like surgery, funeral costs and hospital visits. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Collision coverage protection

This coverage pays for damage to your Prelude caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like hitting a parking meter, sustaining damage from a pot hole, hitting a mailbox and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Liability insurance

Liability coverage can cover injuries or damage you cause to other people or property in an accident. It protects you from claims by other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for claims such as pain and suffering, medical expenses, repair costs for stationary objects, emergency aid and funeral expenses. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase higher limits if possible.

Uninsured Motorist or Underinsured Motorist insurance

This protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive coverage (or Other than Collision)

This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as damage from getting keyed, theft and hail damage. The maximum amount your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.