View 2002 Honda Odyssey Car Insurance Rates

Locating the cheapest insurance for your Honda Odyssey can normally be an all-consuming task, but you can follow our auto insurance buying tips and make it easy.

There is a right way and a wrong way to shop for auto insurance so you’re going to learn the absolute fastest way to price shop coverage for your Honda and find the cheapest rates.

Smart consumers take time to do rate comparisons periodically since insurance rates go up and down regularly. Despite the fact that you may have had the best rates on Odyssey coverage two years ago there may be better deals available now. You’ll find quite a bit of inaccurate information about auto insurance on the web, but we’re going to give you some solid techniques on how to find affordable auto insurance.

Pieces of the Honda Odyssey insurance rate puzzle

Smart consumers have a good feel for some of the elements that play a part in calculating your insurance rates. When you know what positively or negatively determines base rates enables informed choices that will entitle you to lower insurance prices.

  • Lower rates with optional equipment – Driving a car with anti-theft technology or alarm system can save you a little every year. Anti-theft features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your vehicle from being stolen.
  • Men fork out a little more – The statistics show women are more cautious behind the wheel. However, don’t assume that women are BETTER drivers than men. Both sexes tend to get into accidents at a similar rate, but the male of the species cause more damage and cost insurance companies more money. Men also tend to get more serious tickets like reckless driving and DUI.
  • Your spouse saves you money – Having a spouse helps lower the price on your insurance policy. Having a significant other means you’re more mature it has been statistically shown that married drivers get in fewer accidents.
  • Small claims can cost you – Insurance companies provide lower rates to insureds who file claims infrequently. If you are a frequent claim filer, you can expect either policy cancellation or increased premiums. Auto insurance is designed for the large, substantial claims.

Get lower rates on Honda Odyssey insurance

Properly insuring your vehicles can get expensive, but there are discounts available that you may not know about. Certain discounts will be applied when you get a quote, but less common discounts must be asked for before being credited. If you aren’t receiving every discount possible, you’re paying more than you need to.

  • Lower Rates for Military – Having a deployed family member can result in better rates.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Honda could qualify for better rates on cars that stay parked.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles can reduce accidents and qualify for as much as a 10% discount.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to use a seat belt can save up to 15% off the personal injury premium cost.
  • Passive Restraint Discount – Factory air bags and/or automatic seat belt systems can get savings of up to 25% or more.
  • Auto/Home Discount – When you have multiple policies with one insurance company you will save 10% to 20% off each policy.
  • Senior Discount – If you qualify as a senior citizen, you may qualify for a discount up to 10% on Odyssey coverage.

It’s important to understand that most credits do not apply the the whole policy. Most only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like you can get free auto insurance, you’re out of luck. Any qualifying discounts will cut your overall premium however.

To see a list of insurance companies with discount car insurance rates, follow this link.

Save 15 percent in 15 minutes? Is it for real?

Consumers constantly see and hear ads for car insurance savings by 21st Century, Allstate and State Farm. They all make the same claim that you’ll save big if you switch to their company.

How does each company make almost identical claims? This is how they do it.

Different companies have a preferred profile for the driver that makes them money. An example of a desirable insured could possibly be between 25 and 40, a clean driving record, and has a short commute. A customer getting a price quote who fits that profile will get very good rates and therefore will pay quite a bit less when switching companies.

Potential insureds who don’t measure up to this ideal profile will be quoted more money which usually ends up with business going elsewhere. The ads state “customers that switch” not “everybody who quotes” save that much. That’s why insurance companies can confidently state the savings.

This emphasizes why it is so important to compare many company’s rates. It’s impossible to know which insurance companies will give you the biggest savings on Honda Odyssey insurance.

Tailor your coverage to you

When buying proper insurance coverage for your vehicles, there isn’t really a “perfect” insurance plan. Everyone’s needs are different.

These are some specific questions may help highlight if you may require specific advice.

  • What is the minimum liability in my state?
  • Where can I find high-risk insurance?
  • Should I have a commercial auto policy?
  • Is there coverage for injuries to my pets?
  • Why am I required to buy high-risk coverage?
  • Can my babysitter drive my car?
  • When does my teenage driver need to be added to my policy?
  • How do I insure my teen driver?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form. It is quick, free and can help protect your family.

Auto insurance coverages explained

Learning about specific coverages of auto insurance can help you determine appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Liability coverage – This coverage will cover damages or injuries you inflict on other people or property by causing an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 100/300/100 which stand for a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Another option is one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability insurance covers things such as attorney fees, bail bonds, loss of income, medical services and legal defense fees. How much coverage you buy is up to you, but you should buy as large an amount as possible.

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Honda Odyssey.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Collision coverages – This coverage pays for damage to your Odyssey caused by collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against claims such as colliding with a tree, hitting a parking meter and driving through your garage door. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Comprehensive coverage – This coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like damage from getting keyed, vandalism and fire damage. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like ambulance fees, dental work, EMT expenses, doctor visits and X-ray expenses. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP is not universally available and may carry a deductible

In conclusion

Cheaper 2002 Honda Odyssey insurance is possible both online in addition to many insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. A few companies do not provide online price quotes and these small, regional companies work with independent agents.

We’ve covered many ideas to reduce insurance prices online. The key concept to understand is the more providers you compare, the better your comparison will be. You may be surprised to find that the lowest rates come from a small local company.

People who switch companies do it for any number of reasons including policy cancellation, denial of a claim, high prices and even delays in paying claims. It doesn’t matter why you want to switch choosing a new company can be easy and end up saving you some money.

Additional detailed information can be read in these articles: