Trying to find lower car insurance rates for your Honda Odyssey? Wish you could get out of an expensive car insurance policy? You’re preaching to the choir because many consumers are in the same pinch. There is such a variety of insurance companies to pick from, and although it’s a good thing to have a selection, more choices can make it harder to find the best rates.
Finding the best rates is not that difficult. If you are paying for car insurance now, you will be able to save some money using these tips. Vehicle owners just need to learn the most efficient way to get comparison quotes over the internet.
An important part of buying insurance is that you know the different types of things that aid in calculating your policy premiums. If you understand what positively or negatively impacts your premiums, this empowers consumers to make smart changes that can help you get lower premium levels. Many things are considered when premium rates are determined. Some are obvious such as your driving record, although others are not quite as obvious like where you live or your vehicle rating.
Buying car insurance is not cheap, but you may qualify for discounts that could help you make your next renewal payment. A few discounts will be applied when you complete an application, but some discounts are required to be inquired about before they will apply.
It’s important to note that most discount credits are not given to all coverage premiums. Some only apply to the price of certain insurance coverages like comprehensive or collision. Even though the math looks like you can get free auto insurance, insurance companies wouldn’t stay in business.
Some of the larger companies that may have many of the previously listed discounts may include but are not limited to:
Double check with each company or agent which discounts you qualify for. A few discounts might not be offered in every state.
Drivers get pounded daily by advertisements for cheaper insurance from companies such as Progressive, Allstate and Geico. They all seem to state the claim about how much you will save if you just switch your insurance policy to them.
Is it even possible that every company can make almost identical claims?
All companies have an ideal profile for the right customer that will be a good risk. One example of this type of driver should be between the ages of 30 and 50, has a low-risk occupation, and drives a safe vehicle. Anyone that fits those parameters will probably get the lowest car insurance rates and will probably cut their rates if they switch.
Potential insureds who don’t measure up to these stringent criteria will see higher rates which results in the customer buying from someone else. If you listen to the ad wording, they say “drivers that switch” but not “all drivers who get quotes” save that much money. This is how insurance companies can confidently advertise the savings. This illustrates why drivers should compare price quotes frequently. It’s just not possible to know which insurance company will give you the biggest savings.
When buying the right insurance coverage for your personal vehicles, there is no perfect coverage plan. Every situation is different so your insurance needs to address that. For example, these questions can aid in determining whether your personal situation might need professional guidance.
If it’s difficult to answer those questions, you may need to chat with a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and may give you better protection.
Knowing the specifics of your policy can be of help when determining the right coverages for your vehicles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find the usual coverages found on the average insurance policy.
Liability insurance
This coverage will cover damage that occurs to other’s property or people by causing an accident. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.
Liability coverage protects against claims such as medical services, funeral expenses and emergency aid. How much coverage you buy is your choice, but it’s cheap coverage so purchase higher limits if possible.
UM/UIM Coverage
This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Honda Odyssey.
Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.
Comprehensive or Other Than Collision
Comprehensive insurance coverage covers 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 insurance covers things such as falling objects, a tree branch falling on your vehicle, hail damage, damage from a tornado or hurricane and hitting a bird. The most your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.
Medical costs insurance
Med pay and PIP coverage provide coverage for bills for funeral costs, surgery, dental work, chiropractic care and hospital visits. They are often used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay
Collision coverage protection
This pays for damage to your Odyssey caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for claims such as crashing into a building, scraping a guard rail, rolling your car, damaging your car on a curb and sideswiping another vehicle. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.
Some insurance companies may not offer online quoting and most of the time these regional insurance providers sell through independent agents. Budget-friendly insurance can be bought both online and from local insurance agents, and you should compare rates from both so you have a total pricing picture.
When searching for the cheapest insurance coverage quotes, don’t be tempted to skimp on critical coverages to save a buck or two. In too many instances, someone dropped collision coverage only to regret at claim time they didn’t purchase enough coverage. Your focus should be to buy a smart amount of coverage at the best price, but do not sacrifice coverage to save money.
To learn more, take a look at the resources below:
Tonja Santana
Cheaper not always better. Quoted with Liberty Mutual for my Odyssey and am saving around $90 a year. Insured with Hartford before. I just carry liability insurance.
Nicolette Nelson
IT’S ALL TOO EXPENSIVE! Live in Louisville, Kentucky. Compared rates from a lot of places. Saved roughly $10 a month. 21st Century was the cheapest option for me. I increased coverages a little too.
Barney Cooper
If you’re a decent driver and live in the vicinity of Albuquerque, NM, check out Progressive. You might save some money. Thankfully I’m not a high risk driver. I don’t insure for physical damage though.
Thanh Prince
Located in North Charleston, South Carolina. Can’t remember who all I quoted but I ended up saving about $30 each month. Just go online and compare their rates.
Paulene Holman
From Eugene, Oregon. I quoted with Allstate, AAA, Erie, and Hanover for my Odyssey and saved $79 a year. Was with Liberty Mutual. My new agent seems to be really good. They were helpful in switching over.
Alita Doyle
For me, Allstate was by far the cheapest in Aurora, CO.
Scott Maddox
I drive uninsured.
Juliann Burnett
I found affordable 1995 Honda Odyssey insurance from 21st Century in Rochester, New York.
Halina Bray
I got decent rates for a 1995 Honda Odyssey in Miami, Florida. Ended up at about $120 every six months with American Family. I have a couple other vehicles on the policy. I don’t have comp or collision coverage.
Neville Peters
I found cheap 1995 Honda Odyssey insurance in Miami, FL with 21st Century.
Cary Singleton
Thanks for putting this site together. Quoted with Hartford for my Honda and am saving around $110 a year.
Ona Lynch
Proud to be from Charleston, SC. I quoted with Hartford, AIG Insurance, Nationwide, and a couple others for my Odyssey and saved just over $80 a year. :)
Ruthanne Guy
Proud to be from Houston, Texas. I quoted with Mercury, Eastwood, 21st Century, and American Family for my Odyssey and saved $114 a year. Was with The General. Thankfully I have a good driving record.