How Much Does 1997 Honda Odyssey Insurance Cost?

Trying to find cheaper insurance coverage rates for your Honda Odyssey? No normal person likes having to buy insurance coverage, especially knowing their premiums are through the roof. Due to the fact that there are so many options when it comes to insurance coverage, it can be impossible to choose the cheapest company.

Discounts for cheaper auto insurance quotes

Auto insurance companies don’t always list their entire list of discounts very well, so the following list contains both the well known in addition to some of the lesser obvious credits that you can use to lower your rates.

• Theft Prevention Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems can help prevent theft and therefore earn up to a 10% discount.
• Use Seat Belts – Drivers who always wear seat belts and also require passengers to use a seat belt can save up to 15% off PIP or medical payments premium.
• Distant Student – Youth drivers who live away from home at college and do not have a car may be able to be covered for less.
• Clubs and Organizations – Being in a professional or civic organization could trigger savings on auto insurance.
• Drivers Ed for Students – Have your child enroll in driver’s education as it can save substantially.
• ABS and Traction Control Discounts – Cars that have steering control and anti-lock brakes are safer to drive and the ABS can save up to 10%.

As is typical with insurance, most of the big mark downs will not be given the the whole policy. Some only reduce specific coverage prices like collision or personal injury protection. So despite the fact that it appears you can get free auto insurance, that’s just not realistic.

Insurance companies who might offer these benefits possibly include:

• State Farm
• American Family
• Geico
• 21st Century
• Progressive

If you want cheaper car insurance quotes, ask every prospective company which discounts they offer. Some discounts listed above might not be available to policyholders in your area. To see auto insurance companies who offer discounts, follow this link.

You may need specialized insurance coverage

When buying proper insurance coverage for your vehicles, there really is not a perfect coverage plan. Everyone’s situation is unique so this has to be addressed. These are some specific questions may help you determine if your situation would benefit from an agent’s advice.

• Should I buy additional glass protection?
• When can I cancel my policy?
• Where can I find DUI or SR-22 insurance?
• I don’t drive much so do I pay less?
• Should I have a commercial auto policy?
• Does my liability insurance cover pulling a trailer or camper?
• Do I need PIP coverage since I have good health insurance?
• Why does it cost so much to insure a teen driver?
• Does medical payments coverage apply to all occupants?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.

Why you might not save $412 a year

Consumers can’t get away from all the ads that promise big savings for switching from the likes of Allstate, Geico and Progressive. They all seem to convey the message about savings if you get a free car insurance quote and switch your insurance coverage to their company.

How does every company make the same claim? It’s all in how they say it.

Insurance companies quote their cheapest rates for a prospective insured that will not have excessive claims. A good example of a preferred risk might be described as a female over age 40, has a low-risk occupation, and does not commute to work. A customer that meets those criteria will most likely get cheap car insurance rates as well as cut their rates if they switch.

Drivers who don’t meet the requirements may receive higher premium rates which translates to the prospect going elsewhere. If you pay close attention to the ads, they say “customers who switch” not “all people who quote” save that kind of money. That’s the way companies can truthfully make the claims of big savings.

This emphasizes why drivers should do a price quote comparison at every renewal. It’s just too difficult to predict which insurance company will give you lower car insurance rates than your current company.

Car insurance coverages for a 1997 Honda Odyssey

Learning about specific coverages of your insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Below you’ll find the normal coverages offered by insurance companies.

Insurance for medical payments – Coverage for medical payments and/or PIP reimburse you for bills for things like hospital visits, X-ray expenses, funeral costs, dental work and EMT expenses. They are used to cover expenses not covered by your health insurance plan or if you do not have health coverage. They cover you and your occupants as well as any family member struck as a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Liability car insurance – Liability insurance protects you from injuries or damage you cause to other people or property by causing an accident. It protects you from claims by other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined limit which provides one coverage limit without having the split limit caps.

Liability insurance covers things such as court costs, legal defense fees, structural damage, funeral expenses and loss of income. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as falling objects, theft and hail damage. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Collision coverage – Collision insurance pays for damage to your Odyssey resulting from a collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as colliding with another moving vehicle, scraping a guard rail and hitting a mailbox. This coverage can be expensive, so consider dropping it from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Have the Midas touch

Lower-priced auto insurance can be purchased online and from local agencies, and you need to comparison shop both so you have a total pricing picture. Some insurance providers may not have rates over the internet and usually these smaller providers only sell coverage through independent insurance agencies.

When shopping online for auto insurance, don’t be tempted to skimp on critical coverages to save a buck or two. There have been many situations where someone sacrificed collision coverage only to discover later that it was a big error on their part. The ultimate goal is to purchase plenty of coverage at the best possible price and still be able to protect your assets.

Much more information about auto insurance is located at these links:

• Auto Insurance 101 (About.com)
• Distracted Driving Extends Beyond Texting (State Farm)
• Senior Drivers (Insurance Information Insitute)
• Comprehensive Coverage (Liberty Mutual)
• What does Personal Injury Protection (PIP) Cover? (Allstate)
• Information for Teen Drivers (Geico)