Lower Your 2003 Honda Civic Insurance Cost

Buying the lowest cost auto insurance over the internet can seem to be challenging for consumers not familiar with shopping for insurance online. With such a large number of insurance companies available, how can you effectively compare them all to find the lowest price available?

Compare the Market for Insurance

To find the best insurance prices, there are several ways of comparing price quotes from different insurance companies. The easiest way to find the lowest 2003 Honda Civic rates is to use the internet to compare rates. This is very easy and can be done in several different ways.

  • One of the best ways consumers can analyze rates would be an industry-wide quote request form click to view form in new window. This form keeps you from doing boring form submissions to each individual insurance company. Taking the time to complete one form gets rate comparisons from multiple companies. Recommended for those who want to invest the least amount of time.
  • A more time consuming way to get comparison quotes requires you to visit the website for each individual company and complete a new quote form. For example, let’s say you want comparison quotes from Nationwide, Geico and Farmers. To find out each rate you need to go to every website and enter your information, which is why the first method is quicker.

    For a list of links to insurance companies in your area, click here.

It’s up to you which method you use, but double check that you are using identical coverage limits and deductibles on every quote. If your comparisons have different values for each quote it’s impossible to make a fair comparison for your Honda Civic. Having just a slight variation in coverage limits may result in large price differences. Just remember that more quotes will improve the odds of getting lower pricing.

Are you getting all your discounts?

Companies offering auto insurance don’t necessarily list all their discounts very clearly, so we took the time to find some of the more common and the more hidden ways to save on car insurance.

  • Life Insurance Discount – Larger companies have a discount if you purchase life insurance from them.
  • Good Student Discount – This discount can be rewarded with saving of up to 25%. The good student discount can last up until you turn 25.
  • Seat Belt Usage – Drivers who require all occupants to buckle their seat belts can save 10% or more off your medical payments premium.
  • Pay Now and Pay Less – If you pay your bill all at once rather than paying monthly you could save up to 5%.
  • Claim Free – Drivers who don’t have accidents can earn big discounts as compared to frequent claim filers.

It’s important to note that some credits don’t apply to the overall cost of the policy. The majority will only reduce specific coverage prices like collision or personal injury protection. So when it seems like adding up those discounts means a free policy, it doesn’t quite work that way.

A partial list of companies that may offer these benefits include:

Double check with each insurance company which discounts you may be entitled to. Savings may not apply in your state.

Tailor your coverage to you

When it comes to buying the right insurance coverage, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs.

For instance, these questions can aid in determining if your insurance needs could use an agent’s help.

  • Is rental equipment covered for theft or damage?
  • Will my insurance pay for OEM parts?
  • Am I covered if I wreck a rental car?
  • Am I getting all the discounts available?
  • Is my trailer covered?
  • Do I have newly-aquired coverage?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Do I need medical payments coverage since I have good health insurance?
  • Can I afford to buy a different vehicle if my 2003 Honda Civic is totaled?

If you can’t answer these questions but one or more may apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form.

Insurance coverage basics

Having a good grasp of your policy helps when choosing appropriate coverage for your vehicles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Collision coverage – Collision coverage covers damage to your Civic from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as damaging your car on a curb, driving through your garage door, colliding with a tree and sideswiping another vehicle. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Another option is to raise the deductible to save money on collision insurance.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP kick in for immediate expenses such as funeral costs, X-ray expenses, rehabilitation expenses and dental work. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers all vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Comprehensive insurance – Comprehensive insurance coverage covers damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from flooding, hail damage, hitting a bird and falling objects. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Auto liability – Liability coverage protects you from damage that occurs to other’s property or people that is your fault. This coverage protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for things like medical expenses, medical services, loss of income and emergency aid. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible.