Save on 2004 Honda Insight Car Insurance Cost

Searching for lower car insurance rates for your Honda Insight? Locating low-cost insurance for your Honda Insight can turn out to be a lot of work, but you can follow these tips to make it easier. There is a right way and a wrong way to compare car insurance rates so you’re going to learn the best way to compare rates for a Honda and find the best price possible.

Compare Quotes for Insurance Coverage

All major insurance coverage companies quote prices for coverage on their websites. This process is fairly straightforward as you simply enter your coverage information into the quote form. When complete, their rating system will order reports for credit and driving violations and quotes a price based on these factors.

Quoting online helps simplify price comparisons, but the process of having to visit several different sites and enter the same data into a form can be a bit tiresome and repetitive. But it’s very important to get many rate quotes in order to find a lower rate.

The better way to compare rates

An easier way to get multiple rate quotes requires only one form that gets price quotes from more than one company. This type of form saves time, requires less work, and makes comparison shopping a little more enjoyable. Once the form is submitted, it is quoted with multiple companies and you can pick your choice of the quotes returned. If the quotes result in lower rates, it’s easy to complete the application and buy the new coverage. It only takes a few minutes and can result in significant savings.

If you want to compare pricing, simply click here to open in new window and enter your vehicle and coverage information. To compare your current rates, we recommend you complete the form with the coverages as shown on your current policy. This helps ensure you are getting an apples-to-apples comparison based on the exact same insurance coverage.

Are you getting all your discounts?

Car insurance companies do not advertise all available discounts in a way that’s easy to find, so here is a list both the well known as well as the least known ways to save on insurance coverage. If you aren’t receiving every discount you qualify for, you are throwing money away.

  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Use Seat Belts – Using a seat belt and requiring all passengers to wear their seat belts could cut 10% or more off your medical payments premium.
  • Pay Upfront and Save – If you pay your bill all at once instead of monthly or quarterly installments you could save up to 5%.
  • Save with a New Car – Putting insurance coverage on a new car can cost up to 25% less due to better safety requirements for new cars.
  • Safe Driver Discount – Drivers who avoid accidents can pay as much as 50% less for Insight coverage than their less cautious counterparts.
  • Multi-car Discount – Insuring more than one vehicle on the same insurance coverage policy may reduce the rate for each vehicle.
  • Good Student Discount – A discount for being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you until age 25.
  • Passive Restraints – Cars that have air bags or automatic seat belts can qualify for discounts up to 30%.

A little note about advertised discounts, many deductions do not apply to the overall cost of the policy. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, insurance coverage companies aren’t that generous.

To see a list of insurance companies who offer insurance coverage discounts, click here to view.

Honda Insight insurance rates can be determined by these details

Smart consumers have a good feel for the factors that go into determining insurance rates. When you know what positively or negatively controls the rates you pay enables informed choices that can help you get lower insurance prices.

  • Your location affects your rates – Being located in a rural area can be a good thing when it comes to insurance. Fewer people means fewer accidents and also fewer theft and vandalism claims. Drivers who live in large cities have to deal with much more traffic to deal with and longer commutes to work. More time on the road can result in more accidents.
  • More claims means more premium – Companies generally give discounts to policyholders who are claim-free. If you frequently file small claims, you can expect either higher rates or even cancellation. Insurance coverage is intended to be relied upon for major claims that would cause financial hardship.
  • Discounts for married couples – Having a spouse can get you a discount on insurance. Having a spouse translates into being more mature than a single person and it’s statistically proven that married drivers get in fewer accidents.
  • Where do you drive? – The more you drive in a year the higher your rates will be. Almost all companies rate vehicles based on their usage. Vehicles left parked in the garage can get a lower rate than those used for commuting. If your policy improperly rates your Insight may be wasting your money. Make sure your insurance policy is rated on the correct driver usage, because it can save money.
  • Men are more aggressive – Statistics have proven women tend to be less risk to insure than men. However, don’t assume that women are better drivers. Both sexes are in accidents in similar percentages, but the males cause more damage and cost insurance companies more money. They also get cited for more serious violations such as reckless driving.
  • Choose a safe vehicle and save – Vehicles with good safety scores tend to have better insurance rates. The safest vehicles protect occupants better and lower injury rates means less money paid by your insurance company and more competitive rates for policyholders. If your Honda Insight is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
  • Older drivers pay less – Youthful drivers tend to be more careless behind the wheel so insurance rates are higher. Adding a young driver onto a policy can be quite pricey. Older drivers are viewed as being more responsible, file fewer claims and tend to be better behind the wheel.
  • What are your deductibles? – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Honda. Some examples of claims that would be covered would be collision with another vehicle, damage caused by hail, and rolling your vehicle. The deductibles are how much you are required to spend out-of-pocket in the event of a claim. The more expense the insured has to pay upfront, the bigger discount you will receive for Insight coverage.

Tailor your coverage to you

When choosing proper insurance coverage, there isn’t really a cookie cutter policy. Everyone’s needs are different.

Here are some questions about coverages that may help you determine whether or not you might need professional guidance.

  • Can I still get insurance after a DUI?
  • How can I get high-risk coverage after a DUI?
  • How much liability coverage do I need in my state?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Am I covered if I hit my neighbor’s mailbox?
  • I have health insurance so do I need medical payments coverage?
  • Is my 2004 Honda Insight covered for flood damage?
  • Is business equipment covered while in my vehicle?

If you can’t answer these questions then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and you can get the answers you need.

Don’t believe everything you hear

Consumers can’t get away from ads for the lowest price auto insurance from the likes of State Farm, Geico and Progressive. All the ads make an identical promise that you’ll save big if you switch your coverage to them.

How can each company make the same claim?

All companies have a preferred profile for the type of driver they prefer to insure. A good example of a desirable insured could possibly be between 30 and 50, owns a home, and drives less than 7,500 miles a year. A customer who matches those parameters is entitled to the best price and is almost guaranteed to save when switching.

Consumers who are not a match for this ideal profile will be charged a more expensive rate and this can result in business not being written. The ads say “drivers who switch” not “everybody who quotes” save that much. That is how companies can state the savings. That is why you absolutely need to get quotes from several different companies. It’s not possible to predict which insurance companies will provide you with the cheapest Honda Insight insurance rates.

Coverage specifics

Understanding the coverages of auto insurance can help you determine which coverages you need for your vehicles. Policy terminology can be confusing and reading a policy is terribly boring.

Liability coverage – This provides protection from injuries or damage you cause to other’s property or people. It protects you from legal claims by others. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against claims such as legal defense fees, structural damage, medical services and emergency aid. The amount of liability coverage you purchase is your choice, but you should buy as much as you can afford.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage provide coverage for bills for things like funeral costs, surgery, chiropractic care, EMT expenses and doctor visits. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. PIP is only offered in select states but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your 2004 Honda Insight.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Collision – Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims such as rolling your car, sideswiping another vehicle and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Comprehensive insurance – This coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like damage from a tornado or hurricane, hail damage and a broken windshield. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Quote often and quote early

When you buy insurance online, it’s not a good idea to buy lower coverage limits just to save a few bucks. There are a lot of situations where an accident victim reduced liability limits or collision coverage and discovered at claim time that it was a big mistake. Your focus should be to purchase plenty of coverage for the lowest price while still protecting your assets.

Drivers switch companies for any number of reasons including questionable increases in premium, lack of trust in their agent, unfair underwriting practices and even high rates after DUI convictions. It doesn’t matter what your reason, choosing a new insurance company can be easier than you think.

Low-cost 2004 Honda Insight insurance can be sourced from both online companies and also from your neighborhood agents, so you should compare both in order to have the best price selection to choose from. Some companies may not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

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