Save on 2003 Honda Element Insurance Quotes

Want better insurance rates for your Honda Element? Trying to find better insurance prices for your Honda Element can be an all-consuming task, but you can learn our insurance buying tips to find lower rates.

There are both good and bad ways to shop for insurance and you need to know the proper way to get price quotes for your Honda and find the lowest possible price either online or from local insurance agents.

You should make it a habit to get comparison quotes every six months because prices are variable and change quite frequently. Just because you found the best deal on Element coverage two years ago there may be better deals available now. Forget all the misinformation about insurance because you’re about to learn the things you must know in order to lower your rates without sacrificing coverage.

If you have insurance now or are shopping for new coverage, you can use these techniques to find the best rates while maintaining coverages. Shopping for the lowest cost protection can be fairly easy. Drivers only need to know the best way to shop online.

Compare Quotes for Auto Insurance

Performing a rate comparison can take time and effort if you don’t utilize the most efficient way. You can spend countless hours talking to insurance companies in your area, or you could use online quoting to achieve your goal.

Many popular insurance companies participate in a marketplace where prospective buyers enter their coverage request one time, and at least one company then gives them pricing determined by their information. This saves time by eliminating quotation requests to each individual auto insurance company.

To find out how much you’re overpaying now click here (opens in new window).

The one downside to doing it this way is that consumers can’t choose the insurers to get quotes from. So if you want to select individual companies for rate comparison, we put together a list of auto insurance companies in your area. Click to view list.

Whichever way you use, make absolute certain that you use apples-to-apples deductibles and coverage limits for each price quote. If the quotes have differing limits then you won’t be able to decipher which rate is best.

Companies offer discounts so take them!

The price of auto insurance can be rather high, but discounts can save money and there are some available that you may not even be aware of. A few discounts will automatically apply at the time you complete a quote, but some must be asked for before you get the savings. If they aren’t giving you every credit possible, you are paying more than you should be.

  • Braking Control Discount – Vehicles with anti-lock braking systems can reduce accidents and therefore earn up to a 10% discount.
  • Early Signing – A few companies offer discounts for buying a policy before your current expiration date. This can save 10% or more.
  • Government Employees – Being employed by or retired from a federal job could cut as much as 10% off on Element coverage with select insurance companies.
  • Paperwork-free – A handful of insurance companies may give you up to $50 for buying a policy and signing up digitally online.
  • Safety Course Discount – Completing a driver safety course could save 5% or more if your company offers it.
  • Student in College – Youth drivers who live away from home and do not have a car may qualify for this discount.
  • Good Student Discount – Performing well in school can get you a discount of up to 25%. This discount can apply well after school through age 25.

Consumers should know that some of the credits will not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like collision or personal injury protection. So when it seems like you would end up receiving a 100% discount, insurance companies aren’t that generous. But all discounts will reduce the cost of coverage.

Insurance companies who might offer these benefits include:

It’s a good idea to ask each company which discounts they offer. All car insurance discounts may not be available in your area.

Do I just need basic coverages?

When buying adequate coverage for your vehicles, there really is not a one size fits all plan. Each situation is unique.

These are some specific questions can aid in determining whether you could use an agent’s help.

  • How many claims can I have before being cancelled?
  • Am I covered by my spouse’s policy after a separation?
  • What happens if I owe more than my 2003 Honda Element is worth?
  • Is motorclub coverage worth it?
  • Does my insurance cover my expensive audio equipment?
  • Does insurance cover tools stolen from my truck?
  • Do I need higher collision deductibles?
  • Are split liability limits better than a combined single limit?
  • Are all vehicle passengers covered by medical payments coverage?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and can help protect your family.

Car insurance coverage breakdown

Learning about specific coverages of your policy can help you determine which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Comprehensive (Other than Collision) – Comprehensive insurance covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like vandalism, a broken windshield and damage from getting keyed. The maximum amount your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision – This pays for damage to your Element from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims such as colliding with a tree, backing into a parked car, hitting a mailbox and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to bump up the deductible to save money on collision insurance.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses such as rehabilitation expenses, ambulance fees, funeral costs, EMT expenses and nursing services. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists 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.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Liability auto insurance – Liability insurance provides protection from damage that occurs to people or other property in an accident. This coverage protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Occasionally you may see a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against things like emergency aid, repair costs for stationary objects and court costs. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase higher limits if possible.