How Much Does 2006 Honda Ridgeline Insurance Cost?

Having to pay for overpriced Honda Ridgeline insurance can drain your savings account and make it impossible to make ends meet. Doing a price comparison is a smart way to slash your bill and have more diposable income.

Drivers have so many car insurance companies to purchase coverage from, and although it’s nice to have a choice, it can be more challenging to find the best rates.

Buying cheaper coverage can be fairly easy. Just about anyone who buys insurance coverage will most likely be able to find better rates. But vehicle owners must learn how big insurance companies compete online and use this information to your advantage.

Discounts are available to cut your rates

Insurance can cost an arm and a leg, buy you may qualify for discounts to help bring down the price. Some discounts apply automatically when you purchase, but some must be requested specifically in order for you to get them.

  • Discount for Good Grades – This discount can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
  • Accident Forgiveness – Certain companies allow you one accident before your rates go up as long as you don’t have any claims for a particular time prior to the accident.
  • Defensive Driver – Taking part in a course in driver safety could save 5% or more depending on where you live.
  • Paperwork-free – A handful of insurance companies will discount your bill up to fifty bucks for buying a policy and signing up online.
  • Early Switch Discount – A few companies offer discounts for buying a policy before your current policy expires. It’s a savings of about 10%.
  • Claim Free – Good drivers with no accidents can earn big discounts when compared with accident-prone drivers.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles can reduce accidents and therefore earn up to a 10% discount.

A little note about advertised discounts, most of the big mark downs will not be given to the entire cost. Most only reduce the price of certain insurance coverages like medical payments or collision. Just because you may think all those discounts means the company will pay you, you won’t be that lucky. But all discounts will cut your premiums.

To see a list of companies who offer insurance coverage discounts, follow this link.

Car Insurance Prices Online

There are several ways of comparing price quotes from car insurance companies in your area. The quickest method to find the cheapest 2006 Honda Ridgeline insurance rates is to perform an online rate comparison. This can be accomplished in just a few minutes using one of these methods.

  • The recommended way to get the best comparison quotes would be an industry-wide quote request form like this one (opens in new window). This form saves time by eliminating a different quote for each company you want a rate for. A single form will get you price quotes from many national carriers.
  • Another way to find lower rates requires a trip to each company website and request a quote. For instance, let’s assume you want to compare rates from Geico, Esurance and Allstate. To find out each rate you need to visit each site and enter your policy data, which is why the first method is more popular. For a handy list of car insurance company links in your area, click here.
  • The hardest way to get comparison rates is to drive around to and from local insurance agencies. The internet can eliminate the need for a local agent unless you want the trained guidance of a licensed agent. It is possible to compare online quotes and get advice from an agent in your area and we’ll touch on that later.

Whichever way you use, make absolute certain that you use apples-to-apples deductibles and coverage limits for each price quote. If you compare unequal deductibles or liability limits it will be impossible to determine the best price for your Honda Ridgeline. Slightly different coverages may result in a large different in cost. Keep in mind that obtaining a wide range of quotes will increase your chances of finding the best offered rates.

Factors that can influence insurance rates for a Honda Ridgeline

An important part of buying insurance is that you know some of the elements that play a part in calculating your car insurance rates. Knowing what controls the rates you pay empowers consumers to make smart changes that may reward you with big savings.

  • How credit affects car insurance rates – Your credit history is a important factor in determining what you pay for car insurance. If your credit score is not that good, you could be paying less to insure your 2006 Honda Ridgeline by improving your rating. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers with lower credit scores.
  • How your age affects price – Teen drivers tend to be careless and easily distracted when behind the wheel so they pay higher car insurance rates. Older insureds are more cautious drivers, statistically cause fewer accidents and are safer drivers.
  • Low deductibles can be expensive – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Honda from damage. Examples of covered claims are collision with another vehicle, damage caused by hail, and burglary. Your deductibles are the amount of money you are required to spend in the event of a claim. The more expense you’re willing to pay, the bigger discount you will receive for Ridgeline coverage.
  • Rate your vehicle for proper use – The more you drive every year the more you’ll pay to insure your vehicle. The majority of insurers rate vehicles based on how the vehicle is used. Cars that are left in the garage can get a lower rate than vehicles that are driven to work every day. Verify your car insurance policy is rated on the correct driver usage, because it can save money. Incorrect usage on your Ridgeline can cost quite a bit.
  • High numbers of claims are not good – Car insurance companies generally give cheaper rates to insureds who are claim-free. If you tend to file frequent claims, you can look forward to either a policy non-renewal or much higher rates. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.

Everyone needs different coverages

When it comes to buying coverage for your personal vehicles, there really is not a best way to insure your cars. Every situation is different so your insurance needs to address that. For example, these questions might help in determining whether or not you may require specific advice.

  • How can I force my company to pay a claim?
  • Does my 2006 Honda Ridgeline qualify for pleasure use?
  • Am I covered when driving someone else’s vehicle?
  • Does my 2006 Honda Ridgeline need full coverage?
  • Am I covered if I break a side mirror?
  • When should I remove comp and collision on my 2006 Honda Ridgeline?
  • Are my friends covered when driving my 2006 Honda Ridgeline?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Do drivers who switch really save?

Car insurance providers like State Farm, Allstate and Geico regularly use ads in print and on television. They all say the same thing of big savings if you move your policy. But how can every company claim to save you money?

Different companies are able to cherry pick for the driver that is profitable for them. For instance, a desirable insured might be profiled as a mature driver, insures multiple vehicles, and drives newer vehicles. A customer who fits that profile will get the preferred rates and most likely will save when they switch companies.

Consumers who fall outside these standards will have to pay more money which usually ends up with business going elsewhere. The ads state “people who switch” not “everyone that quotes” save that much money. That is how companies can state the savings.

Because of the profiling, you should get as many comparisons as possible. Because you never know which car insurance company will fit your personal profile best.

What auto insurance coverages do you need?

Understanding the coverages of your policy aids in choosing which coverages you need for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find the normal coverages found on most auto insurance policies.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your 2006 Honda Ridgeline.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Auto liability – This can cover damage that occurs to a person or their property that is your fault. It protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have 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. Some companies may use a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things like emergency aid, repair bills for other people’s vehicles, court costs, attorney fees and medical expenses. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive coverage (or Other than Collision) – This pays for damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things such as damage from getting keyed, hitting a bird and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance provide coverage for expenses for dental work, EMT expenses, surgery, prosthetic devices and funeral costs. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Collision coverages – This will pay to fix damage to your Ridgeline resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as crashing into a building, damaging your car on a curb and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Saving money makes a lot of cents

Lower-priced 2006 Honda Ridgeline insurance can be found on the web and also from your neighborhood agents, and you need to comparison shop both in order to have the best price selection to choose from. A few companies may not provide online price quotes and many times these regional insurance providers only sell through independent insurance agents.

When shopping online for auto insurance, you should never buy lower coverage limits just to save a few bucks. There have been many situations where drivers have reduced full coverage and learned later that they should have had better coverage. The ultimate goal is to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.

We just covered many ways to reduce insurance prices online. The most important thing to understand is the more providers you compare, the better likelihood of reducing your rate. You may even discover the lowest priced auto insurance comes from a small local company. Smaller companies may have significantly lower rates on certain market segments as compared to the big name companies such as State Farm and Allstate.

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