Compare 2017 Honda Fit Insurance Rates

Trying to find cheaper auto insurance rates for your Honda Fit? Nobody I know is fond of buying auto insurance, especially when their premiums are through the roof. You have multiple auto insurance companies to choose from, and although it’s a good thing to be able to choose, it can be more challenging to compare rates and cut insurance costs.

It’s a good habit to price shop coverage before your policy renews because auto insurance prices are constantly changing. Even if you got the best rate for Fit coverage a year ago the chances are good that you can find a lower premium rate today. Block out anything you think you know about auto insurance because I’m going to teach you the tricks you need to know to lower your annual insurance bill.

Don’t miss these money-saving discounts

Auto insurance companies do not advertise every possible discount in an easy-to-find place, so we break down both the well known and the more hidden credits that may apply to you.

  • ABS Braking Discount – Cars and trucks that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
  • Federal Employees – Federal government employees may reduce rates when you quote insurance for Fit coverage with a few insurance companies.
  • Claim Free – Drivers who stay claim-free pay much less as opposed to insureds who have frequent claims or accidents.
  • Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education if offered at their school.
  • Life Insurance – Not all insurance carriers offer life insurance, but some may give you a small discount if you purchase some life insurance too.
  • Theft Prevention System – Cars, trucks, and SUVs with anti-theft systems can help prevent theft and can earn a small discount on your policy.
  • Save with More Vehicles Insured – Buying insurance for primary and secondary vehicles on one policy may reduce the rate for each vehicle.
  • Full Payment Discount – If you pay your bill all at once instead of monthly or quarterly installments you may have a lower total premium amount.
  • Fewer Miles Equal More Savings – Low mileage vehicles could be rewarded with cheaper prices.

Discounts reduce rates, but you should keep in mind that most credits do not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Despite the appearance that you would end up receiving a 100% discount, companies don’t profit that way.

Large insurance companies and some of the premium reductions they offer are shown below.

  • Geico discounts include air bags, membership and employees, driver training, anti-lock brakes, and military active duty.
  • Travelers policyholders can earn discounts including payment discounts, home ownership, continuous insurance, good student, and IntelliDrive.
  • Nationwide has discounts for anti-theft, multi-policy, business or organization, defensive driving, good student, and Farm Bureau membership.
  • Farmers Insurance offers discounts for switch companies, teen driver, bundle discounts, good student, mature driver, and pay in full.
  • Esurance includes discounts for defensive driver, anti-theft, DriveSense, safety device, and online quote.
  • State Farm may have discounts that include multiple autos, accident-free, Steer Clear safe driver discount, multiple policy, and passive restraint.
  • Progressive may include discounts for multi-vehicle, multi-policy, continuous coverage, online quote discount, online signing, homeowner, and good student.
  • Mercury Insurance offers discounts including good student, anti-theft, annual mileage, good driver, and multi-policy.

When getting a coverage quote, ask all companies you are considering how you can save money. Some of the earlier mentioned discounts might not be offered on policies in your area. To find insurance companies who offer free insurance quotes, follow this link.

How to shop insurance online

Reducing your 2017 Honda Fit insurance rates is a fairly straight forward process. Drivers just need to take the time to compare free insurance quotes to find out which insurance company has the cheapest insurance quotes. This can be accomplished using a couple different methods.

  1. One of the best ways to get quotes would be an industry-wide quote request form click here to open form in new window. This form keeps you from doing separate quote forms for every prospective company. Just one form will get you rate comparisons instantly.
  2. A different way to find better pricing consists of going to the website for every company you want to comare and repeat the quote process. For examples sake, we’ll pretend you want to compare prices for Allstate, Geico and American Family. In order to get each rate, you would have to take the time to go to each site to enter the same coverage data repeatedly, which is why the first method is quicker.

    For a handy list of car insurance company links in your area, click here.

However you get your quotes, make sure you compare the same coverage data for each quote you get. If you compare different values for each quote it’s not possible to make a fair comparison for your Honda Fit.

Do I need special coverages?

When it comes to buying proper insurance coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that might point out if your insurance needs will benefit from professional help.

  • At what point should I drop full coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Do I need special endorsements for business use of my vehicle?
  • Can my teen drive my company car?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Do I have coverage when pulling a U-Haul trailer?
  • Am I covered if I wreck a rental car?
  • What if I owe more than I can insure my car for?
  • What is covered by UM/UIM coverage?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.

Coverage specifics

Having a good grasp of your policy can be of help when determining appropriate coverage for your vehicles. Auto insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverages available from auto insurance companies.

UM/UIM Coverage – This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries and damage to your Honda Fit.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Auto liability insurance – This coverage will cover damage that occurs to people or other property by causing an accident. It protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability coverage protects against things like bail bonds, emergency aid and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but consider buying higher limits if possible.

Collision coverage – This coverage will pay to fix damage to your Fit caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims such as crashing into a building, sideswiping another vehicle, driving through your garage door, rolling your car and colliding with a tree. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive or Other Than Collision – Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like vandalism, damage from getting keyed and damage from a tornado or hurricane. The maximum payout your auto insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical costs insurance – Med pay and PIP coverage provide coverage for expenses such as hospital visits, chiropractic care, doctor visits, surgery and funeral costs. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Feed the piggy bank

As you restructure your insurance plan, make sure you don’t buy less coverage just to save a little money. There have been many cases where an accident victim reduced uninsured motorist or liability limits and found out when filing a claim that the savings was not a smart move. The aim is to buy a smart amount of coverage for the lowest price while still protecting your assets.

Affordable 2017 Honda Fit insurance is possible on the web and also from your neighborhood agents, so you should compare both in order to have the best price selection to choose from. A few companies may not provide the ability to get a quote online and many times these regional insurance providers prefer to sell through local independent agents.

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