2004 Honda Odyssey Insurance Quotes – 10 Ways to Save

Trying to find better insurance coverage rates for your Honda Odyssey? Paying for high-priced Honda Odyssey insurance can dwindle your bank account and force you to prioritize other expenses. Comparing price quotes is a great way to help make ends meet. Because you have many options, it is very difficult to find the best insurer.

How to Compare Insurance

Finding cheaper 2004 Honda Odyssey insurance prices doesn’t have to be difficult. Just invest a little time to compare quotes online from several insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

The best way to find low rates is a comparison rater form (click to open form in new window). This easy form saves time by eliminating separate quotes for every insurance company. A single form will return quotes from multiple low-cost companies.

A slightly less efficient method to get quotes online consists of visiting the website of each company to complete a price quote. For example, we’ll pretend you want to compare State Farm, Farmers and Allstate. To get rate quotes you would need to go to every website to input your insurance information, which is why the first method is quicker.

To view a list of companies in your area, click here.

The hardest way of comparing rate quotes is to spend your day driving to different agent offices. Buying insurance online can eliminate the need for a local agent unless you require the professional guidance that only a license agent can provide. Drivers can find lower rates online and get advice from an agent in your area and we’ll cover that in a bit.

Whichever method you choose, be sure to compare identical coverage limits and deductibles on every quote. If you use different values for each quote you can’t possibly determine the best price for your Honda Odyssey.

Policy discounts you shouldn’t miss

Companies that sell car insurance don’t always list all available discounts in an easy-to-find place, so we took the time to find some of the more common and the harder-to-find insurance coverage savings. If they aren’t giving you every credit possible, you are paying more than you should be.

  • Homeowners Discount – Owning a home may earn you a small savings because owning a home requires personal responsibility.
  • College Student – Kids in college who live away from home and do not have a car may be able to be covered for less.
  • Accident Forgiveness – Some insurance companies permit an accident before your rates go up if you are claim-free for a certain period of time.
  • Sign Early and Save – Some insurance companies reward drivers for switching policies prior to your current policy expiration. It can save you around 10%.
  • Government Employees – Simply working for the federal government may qualify you for a discount on Odyssey coverage with certain companies.
  • Good Students Pay Less – A discount for being a good student can be rewarded with saving of up to 25%. This discount can apply well after school through age 25.
  • Theft Prevention System – Cars that have factory anti-theft systems help deter theft and will save you 10% or more.
  • Driver Safety – Taking a course teaching defensive driving skills could possibly earn you a 5% discount and easily recoup the cost of the course.
  • New Vehicle Savings – Putting insurance coverage on a new car is cheaper compared to insuring an older model.
  • Claim Free – Claim-free drivers pay much less when compared with frequent claim filers.

A little note about advertised discounts, most of the big mark downs will not be given to your bottom line cost. A few only apply to individual premiums such as liability and collision coverage. Just because you may think adding up those discounts means a free policy, companies wouldn’t make money that way.

For a list of insurers offering insurance coverage discounts, click here to view.

Insurance agents can help

When buying proper insurance coverage, there really is no one size fits all plan. Every situation is different so this has to be addressed. For instance, these questions can aid in determining if your situation would benefit from an agent’s advice.

  • Do I need PIP coverage since I have good health insurance?
  • Do I have coverage for damage caused while driving under the influence?
  • Does my insurance cover my expensive audio equipment?
  • Do I have newly-aquired coverage?
  • Am I covered if I break a side mirror?
  • Does my medical payments coverage pay my health insurance deductible?
  • Will my insurance pay for OEM parts?
  • Should I buy additional glass protection?
  • Do I benefit by insuring my home with the same company?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can provide invaluable advice.

What car insurance coverages do you need?

Knowing the specifics of your policy helps when choosing the right coverages for your vehicles. Car insurance terms can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverages available from car insurance companies.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays for 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 claims such as fire damage, hail damage and hitting a bird. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Honda Odyssey.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance pay for immediate expenses for things like pain medications, rehabilitation expenses, doctor visits, X-ray expenses and ambulance fees. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Auto liability – This can cover damage or injury you incur to other people or property. This insurance protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims like loss of income, funeral expenses, medical services, court costs and structural damage. How much coverage you buy is up to you, but you should buy as much as you can afford.

Collision coverage – Collision coverage covers damage to your Odyssey resulting from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims like driving through your garage door, sustaining damage from a pot hole, rolling your car, colliding with another moving vehicle and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Save your cold hard cash

While you’re price shopping online, don’t be tempted to buy poor coverage just to save money. In too many instances, someone sacrificed liability limits or collision coverage and found out when filing a claim they didn’t have enough coverage. Your strategy should be to purchase a proper amount of coverage at an affordable rate.

Cost effective 2004 Honda Odyssey insurance is possible online and with local insurance agents, and you need to comparison shop both to have the best selection. Some auto insurance companies do not offer the ability to get a quote online and many times these small, regional companies only sell through independent insurance agents.

You just read a lot of techniques to lower your insurance rates. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding lower rates. You may even discover the lowest premiums are with an unexpected company. These companies may cover specific market segments cheaper than the large multi-state companies such as State Farm or Progressive.

Even more information can be found at these sites: