View 1996 Honda Odyssey Insurance Rates

Searching for lower auto insurance rates for your Honda Odyssey? Wish you could get a refund on an expensive auto insurance policy? Don’t feel bad because you’re not alone.

Companies like Allstate, Progressive and Geico continually hit you with fancy advertisements and it can be hard to see through the cute green geckos and mayhem and do the work needed to find the best deal.

If you are paying for car insurance now, you stand a good chance to be able to save some money using these tips. Choosing the best insurance company for you is not rocket science. But drivers should learn the way companies market insurance on the web because it can help you find the best coverage.

Don’t overlook these insurance coverage discounts

Auto insurance companies don’t necessarily list all their discounts in an easy-to-find place, so the list below gives a summary of some of the more common in addition to some of the lesser obvious insurance coverage savings.

• Multiple Policy Discount – If you combine your auto and homeowners policies with one company you could save up to 20% and get you cheap car insurance.
• Memberships – Being in qualifying clubs or civic groups can get you a small discount on your next insurance coverage statement.
• Multi-Vehicle Discounts – Buying coverage for several vehicles on one policy can reduce rates for all insured vehicles.
• Data Collection Discounts – Insureds that choose to allow their insurance company to spy on where and when they drive by using a telematic data system such as Allstate’s Drivewise and State Farm’s In-Drive system could see a rate decrease if they have good driving habits.
• New Car Discount – Buying a new car model is cheaper because new vehicles are generally safer.

Drivers should understand that many deductions do not apply to your bottom line cost. Most only reduce individual premiums such as comp or med pay. So even though they make it sound like you can get free auto insurance, companies don’t profit that way. But all discounts should help lower the amount you have to pay.

Popular insurance coverage companies and their offered discounts include:

• Progressive discounts include homeowner, multi-vehicle, continuous coverage, online signing, multi-policy, online quote discount, and good student.
• MetLife has discounts for defensive driver, multi-policy, good student, good driver, claim-free, accident-free
• Mercury Insurance may offer discounts for type of vehicle, good student, accident-free, anti-theft, multi-car, and annual mileage.
• Nationwide offers discounts including easy pay, good student, Farm Bureau membership, defensive driving, anti-theft, multi-policy, and accident-free.
• Geico policyholders can earn discounts including air bags, driver training, defensive driver, emergency military deployment, daytime running lights, and anti-theft.
• AAA may have discounts that include pay-in-full, good student, good driver, anti-theft, multi-policy, and AAA membership discount.

Double check with every insurance company to apply every possible discount. Some discounts might not be offered in your area.

Shop car insurance online

Many insurance companies provide pricing directly from their websites. Obtaining pricing can be done by anyone as all you need to do is type in as requested by the quote form. Upon sending the form, the company’s rating system collects information on your driving record and credit history and generates a price. Online price quotes helps simplify price comparisons, but having to visit each company’s website and repetitively fill out multiple forms can get tiresome after awhile. But it’s absolutely necessary to compare as many rates as possible if you want to get a better rate.

The easy way to compare rates

A better way to compare rates is to use a quote form that gets price quotes from multiple companies. The form is fast, requires less work, and makes price shopping online much easier to do. Immediately after submitting the form, your coverage is rated and you can choose any one of the price quotes you receive.

If one or more price quotes are lower than your current rates, it’s easy to complete the application and purchase coverage. It can be completed in a matter of minutes and could lower your rates considerably.

To save time and get comparison pricing now, simply click here to open in new window and submit the form. To compare your current rates, we recommend you copy the coverage information exactly as they are listed on your policy. This ensures you will have a fair comparison using the same coverage and limits.

Smart buyers can reduce insurance rates

Many factors are part of the calculation when quoting car insurance. Some are pretty understandable like a motor vehicle report, but other factors are less obvious like where you live or your commute time.An important part of buying insurance is that you know the factors that are used to determine the rates you pay for auto insurance. When consumers understand what determines base rates, this allows you to make educated decisions that may reward you with better auto insurance rates.

The itemized list below are some of the items that factor into your rates.

• Premiums are affected by your credit history – Having a bad credit score can be an important factor in calculating your auto insurance rates. If your credit score can use some improvement, you could pay less to insure your 1996 Honda Odyssey by repairing your credit. Drivers who have very high credit ratings tend to file fewer claims as compared to drivers with lower credit scores.
• Incidental coverages you don’t use – There are many extra coverages that sound like a good idea at the time when buying auto insurance. Coverage for things like coverage for rental cars, accidental death, and membership fees may be wasting your money. These coverages may sound good initially, but your needs may have changed so eliminate the coverages to reduce your premium.
• Liability protection is peace of mind – Your policy’s liability coverage provides coverage when you are responsible for physical damage or personal injury to other. It provides you with a defense in court to defend your case. This coverage is relatively inexpensive as compared to coverage for physical damage, so drivers should buy more than the minimum limits required by law.
• Costs for men may be higher – The statistics show women are more cautious behind the wheel. It does not mean women are better drivers. Females and males cause at-fault accidents at about the same rate, but the men cause more damage. Men also receive more costly citations such as driving while intoxicated (DWI) or driving recklessly. Males from age 16 to 21 are the most expensive to insure and thus pay the highest rates.
• Use but don’t abuse your insurance – Companies provide the best rates to people who file claims infrequently. If you file claims often, you can look forward to higher premiums or even policy non-renewal. Your car insurance is meant to be used in the event of claims that you cannot pay yourself.
• Single drivers take more risk – Walking down the aisle actually saves money on your policy. Having a significant other demonstrates that you tend to be less irresponsible and insurance companies reward insureds because married drivers get in fewer accidents.
• A lauto insurance policy lapse is a bad thing – Having an insurance coverage lapse can be a quick way to trigger a rate increase. In addition to paying higher rates, getting caught without coverage will get you a fine, jail time, or a revoked license. You may then be required to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.

When to get professional advice

When choosing the best auto insurance coverage for your vehicles, there really is no “perfect” insurance plan. Everyone’s needs are different and your policy should reflect that. These are some specific questions can aid in determining whether you might need an agent’s assistance.

• Which is better, split liability limits or combined limits?
• How much liability insurance is required?
• Do I need motorclub coverage?
• Do I benefit by insuring my home with the same company?
• What exactly is covered by my policy?
• Does coverage extend to my business vehicle?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area.

Insurance advertising tricks

Allstate and Progressive constantly bombard you with ads in print and on television. All the companies make an identical promise that you’ll save big if you change your policy. How can each company sell you cheaper insurance coverage? This is the trick they use.

Insurance companies require specific criteria for the type of customer that will add to their bottom line. An example of a profitable customer should be between 25 and 40, owns a home, and chooses high deductibles. Any driver that matches those criteria will probably get the lowest prices as well as save a lot if they switch.

Drivers who do not meet this stringent profile may receive higher premiums with the end result being the customer not buying. If you listen closely, the ads state “people that switch” but not “everyone who gets a quote” will save that much if they switch. That’s the way companies can make those statements.

This really illustrates why it is so important to compare rate quotes every year. It’s not possible to predict the company that will be your best fit.

Insurance coverages explained

Understanding the coverages of your insurance policy can help you determine which coverages you need and proper limits and deductibles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverages found on most insurance policies.

Comprehensive coverages

This coverage covers damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as damage from a tornado or hurricane, a broken windshield, falling objects, damage from flooding and fire damage. The maximum payout a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Honda Odyssey.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Usually these limits do not exceed the liability coverage limits.

Collision coverage protection

Collision insurance pays for damage to your Odyssey caused by 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 coverage pays for things like crashing into a building, crashing into a ditch, colliding with a tree, damaging your car on a curb and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Liability car insurance

Liability coverage can cover damage or injury you incur to people or other property in an accident. It protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Another option is one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against things like repair bills for other people’s vehicles, structural damage, emergency aid and attorney fees. How much liability coverage do you need? That is your choice, but consider buying as high a limit as you can afford.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like funeral costs, X-ray expenses, ambulance fees, EMT expenses and doctor visits. They are often utilized in addition to your health insurance policy or if you do not have health coverage. It covers you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

Best coverage at the best price

We just covered a lot of information how to get a better price on 1996 Honda Odyssey insurance. The key thing to remember is the more quotes you get, the better chance you’ll have of finding cheap car insurance. Consumers could even find that the best price on car insurance is with some of the smallest insurance companies. These companies often have lower prices on specific markets than the large multi-state companies such as Allstate and Progressive.

Some insurance companies may not offer online price quotes regional carriers prefer to sell through local independent agencies. Lower-priced car insurance can be purchased from both online companies and also from your neighborhood agents, and you need to comparison shop both to have the best chance of lowering rates.

Additional car insurance information can be found on the following sites:

• Drunk Driving Statistics (Insurance Information Insitute)
• Teen Driving Statistics (Geico)
• State Laws for Cellphones and Texting (iihs.org)
• Property Damage Coverage (Liberty Mutual)