2003 Honda Insight Insurance Rates – 9 Tips for Best Quotes

Searching for the cheapest insurance rates for your Honda Insight? Sick and tired of trying to scrape together enough money to buy car insurance? Your situation is no different than many other drivers. Many car insurance companies compete for your insurance dollar, so it can be very hard to choose a company to discover the definitive lowest rate

If you are insured now or need a new policy, you can learn to reduce the price you pay and possibly find even better coverage. Finding the best rates is not rocket science. Consumers only need an understanding of the best way to shop over the internet.

Verify you’re getting all your discounts

Car insurance companies don’t always advertise all their discounts very clearly, so we took the time to find some of the best known and the more hidden ways to save on car insurance. If you’re not getting every credit you qualify for, you are throwing money away.

  • Organization Discounts – Belonging to a professional or civic organization could trigger savings when shopping for car insurance on Insight insurance.
  • Discounts for Safe Drivers – Drivers who avoid accidents may save up to 50% more on Insight insurance than drivers with accidents.
  • Driver Safety – Taking a course in driver safety can save you 5% or more depending on where you live.
  • New Car Discount – Buying coverage on a new vehicle is cheaper due to better safety requirements for new cars.
  • Resident Student – Kids in college who attend school more than 100 miles from home without a vehicle on campus may be able to be covered for less.
  • Service Members Pay Less – Being on active duty in the military could be rewarded with lower premiums.
  • Driver’s Ed – Cut your cost by having your teen driver complete a driver education course in school.
  • Sign Online – Certain companies may give you up to $50 simply for signing on their website.
  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and qualify for as much as a 10% discount.

Keep in mind that some credits don’t apply the the whole policy. Most cut the cost of specific coverages such as comprehensive or collision. Just because it seems like you would end up receiving a 100% discount, companies don’t profit that way.

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

The easiest way to compare rates is to know the trick all the major auto insurance companies allow for online access to give rate comparisons. The one thing you need to do is provide the companies a bit of rating information including if a SR-22 is needed, driver details, whether you drive to work or school, and marital status. Your rating data is instantly provided to many highly-rated insurers and you should receive rate quotes very quickly.

When should I talk to an agent?

When buying proper insurance coverage, there really is no cookie cutter policy. Everyone’s situation is a little different and your policy should reflect that. Here are some questions about coverages that might point out if your situation would benefit from an agent’s advice.

  • Is my nanny covered when driving my vehicle?
  • Is my dog or cat covered if injured in an accident?
  • Does coverage extend to my business vehicle?
  • Do I need to file an SR-22 for a DUI in my state?
  • Is my custom paint covered by insurance?
  • Can I afford low physical damage deductibles?
  • Do I need motorclub coverage?
  • Is my 2003 Honda Insight covered for flood damage?
  • Are my friends covered when driving my 2003 Honda Insight?

If you can’t answer these questions but you know they apply to you, you might consider talking to an agent. To find an agent in your area, simply complete this short form or click here for a list of insurance companies in your area. It is quick, free and you can get the answers you need.

Insurance coverage basics

Learning about specific coverages of insurance can be of help when determining the right coverages for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Below you’ll find the usual coverages available from insurance companies.

Comprehensive coverages

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as damage from flooding, hitting a bird, fire damage and hitting a deer. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage for medical payments

Coverage for medical payments and/or PIP reimburse you for bills for things like surgery, dental work, ambulance fees, doctor visits and funeral costs. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Uninsured and underinsured coverage

Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Coverage for liability

This can cover damage or injury you incur to other people or property that is your fault. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 25/50/25 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers claims like emergency aid, repair bills for other people’s vehicles, court costs and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible.

Collision coverage

Collision coverage pays for damage to your Insight resulting from a collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things such as colliding with a tree, damaging your car on a curb, scraping a guard rail, driving through your garage door and crashing into a ditch. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

Summing up your insurance search

Low-cost 2003 Honda Insight insurance is available on the web in addition to many insurance agents, and you need to price shop both to have the best chance of lowering rates. Some insurance companies do not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.

In this article, we presented many tips how you can compare insurance prices online. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding lower rates. You may even discover the best price on insurance is with a lesser-known regional company. Regional companies may have significantly lower rates on certain market segments as compared to the big name companies such as State Farm, Geico and Nationwide.

To learn more, link through to the articles below: