Searching for cheaper insurance coverage rates for your Honda Civic? Insurance shopping is not something drivers look forward to, but your state requires it in order to satisfy compulsory insurance requirements.
Finding affordable coverage is quite easy. Basically, every driver who is shopping for insurance coverage should be able to find better rates. But vehicle owners do need to know how the larger insurance companies price insurance differently and apply this information to your search.
Companies offering auto insurance don’t list all available discounts in an easy-to-find place, so here is a list some of the best known as well as the least known discounts you could be receiving.
Consumers should know that some of the credits will not apply to the entire cost. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. So when the math indicates all the discounts add up to a free policy, it just doesn’t work that way.
Car insurance companies that may have some of the above discounts are:
Double check with every prospective company which discounts you may be entitled to. Discounts might not apply everywhere.
It’s important that you understand some of the elements that go into determining auto insurance rates. Knowing what impacts premium levels enables informed choices that will entitle you to big savings.
When it comes to choosing adequate coverage, there really is no perfect coverage plan. Every situation is different.
For instance, these questions can help discover if your insurance needs will benefit from professional help.
If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to an agent. To find lower rates from a local agent, complete this form.
Learning about specific coverages of your policy aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.
Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like X-ray expenses, rehabilitation expenses, EMT expenses and ambulance fees. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. They cover both the driver and occupants and will also cover being hit by a car walking across the street. PIP is not available in all states and gives slightly broader coverage than med pay
Comprehensive auto coverage – Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers things such as a tree branch falling on your vehicle, rock chips in glass, hitting a bird, fire damage and theft. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Liability auto insurance – This coverage provides protection from damage that occurs to other people or property by causing an accident. It protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 50/100/50 which stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.
Liability can pay for things like repair bills for other people’s vehicles, medical services, loss of income and medical expenses. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.
Collision – This covers damage to your Civic resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.
Collision insurance covers claims such as driving through your garage door, sideswiping another vehicle and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. You can also increase the deductible to get cheaper collision coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage provides protection from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Honda Civic.
Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.
We covered a lot of techniques to compare 2010 Honda Civic insurance prices online. The key concept to understand is the more quotes you get, the higher the chance of saving money. You may even find the best prices are with a company that doesn’t do a lot of advertising.
As you prepare to switch companies, it’s a bad idea to reduce needed coverages to save money. In too many instances, an insured dropped liability limits or collision coverage only to find out that the small savings ended up costing them much more. Your strategy should be to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.
Lower-priced insurance is definitely available online in addition to many insurance agents, and you need to price shop both to have the best rate selection. Some companies do not provide you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.