Locating the cheapest insurance for your Honda Prelude can turn out to be difficult, but you can use the following methods to save time.
There is a better way to shop for insurance so you’re going to learn the absolute fastest way to price shop coverage on a Honda and find the best price possible from local insurance agents and online providers.
Companies offering auto insurance don’t always list all disounts in a way that’s easy to find, so the below list has some of the best known in addition to some of the lesser obvious discounts that may be available.
A little note about advertised discounts, many deductions do not apply to all coverage premiums. Most only reduce specific coverage prices like physical damage coverage or medical payments. Even though it may seem like it’s possible to get free car insurance, insurance coverage companies aren’t that generous. Any amount of discount will cut your policy premiums.
The best insurance coverage companies and the discounts they provide are outlined below.
It’s a good idea to ask every prospective company to apply every possible discount. A few discounts might not be available to policyholders in every state. To choose providers with discount rates, click here to view.
When it comes to buying proper insurance coverage, there really is no single plan that fits everyone. Every situation is different.
For instance, these questions might help in determining whether your personal situation may require specific advice.
If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and can help protect your family.
Consumers can’t get away from all the ads that promise big savings for switching from companies such as State Farm and Allstate. They all tend to make the same promise about how much you will save if you just switch your policy.
How is it plausible that every one can offer drivers better rates? Here is the trick they use.
Companies give the cheapest rates for the right customer that earns them the most money. A good example of a driver they prefer should be married and over the age of 30, owns their home, and does not commute to work. Anyone that matches those criteria will probably get the lowest car insurance rates and therefore will save when they switch companies.
People who may not quite match this stringent profile will get higher rates and this can result in business going elsewhere. The wording the ads use say “drivers who switch” not “everyone that quotes” save the amount stated. That’s the way insurance companies can make claims that they all have the best car insurance rates.
This really drives home the point why you absolutely need to get a wide range of price quotes. You cannot predict which company will have the lowest rates for your situation.
Having a good grasp of auto insurance aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.
Liability coverages – Liability coverage provides protection from damages or injuries you inflict on people or other property that is your fault. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.
Liability coverage protects against claims such as legal defense fees, funeral expenses, medical expenses, emergency aid and repair bills for other people’s vehicles. How much coverage you buy is up to you, but buy as much as you can afford.
Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as damage to your Honda Prelude.
Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Normally these coverages are similar to your liability insurance amounts.
Coverage for medical payments – Med pay and PIP coverage reimburse you for bills for nursing services, funeral costs, hospital visits and X-ray expenses. The coverages can be utilized in addition to your health insurance program or if you do not have health coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay
Collision – Collision insurance pays to fix your vehicle from damage resulting from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.
Collision can pay for claims such as sideswiping another vehicle, colliding with another moving vehicle, driving through your garage door, rolling your car and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.
Comprehensive coverages – This pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims such as a broken windshield, hail damage, damage from getting keyed, falling objects and hitting a deer. The highest amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.
Cheap 1998 Honda Prelude insurance can be purchased from both online companies in addition to many insurance agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance providers may not have online quoting and these small insurance companies sell through local independent agencies.
When getting insurance quotes online, do not skimp on coverage in order to save money. In many cases, drivers have reduced comprehensive coverage or liability limits only to regret that their decision to reduce coverage ended up costing them more. The goal is to buy the best coverage you can find at the best price while still protecting your assets.
Consumers leave their current company for a variety of reasons including questionable increases in premium, high prices, being labeled a high risk driver and even denial of a claim. No matter why you want to switch, switching companies is not as hard as you think.
Freida Lambert
I’ve insured with 21st Century for a long time. Pretty cheap in Paterson, NJ.
Alanna Espinoza
Proud to be from Houston, TX. Quoted with State Farm, AIG Insurance, and Esurance for my Honda and I’m now saving $21 a month. Good multi-policy discounts. They were helpful in switching over. I just carry liability insurance.
Charlie Lott
Well-written and thought out article. Live in Raleigh, North Carolina. I don’t recall every quote but I ended up saving about $20 each month. Was with AIG Insurance. Good multi-policy discounts. Bought it from an online quote. I dropped full coverage awhile back.
Angela Gonzalez
Checking in from Allentown, PA. Quoted a bunch of companies. Saved right around $20 a month. State Farm was the best choice for me. Left Encompass to switch. I got prices on the web.
Candance Osborn
Any companies in Warren, Michigan that will insure a DUI?
Roselee Mejia
Will State Farm raise rates if I file a claim?
Justa Mann
Cheaper not always better. I live just to the south of Shreveport, Louisiana. Got car insurance quotes from USAA, Auto-Owners, Liberty Mutual, and MetLife for my Honda and saved $108 a year. Was with Safeco. Bought it from an online quote. It’s too old for full coverage.
Jazmin Mcleod
I live just to the west of Aberdeen, SD. Quoted with Amica, Mercury, and some smaller one I can’t remember the name of for my Prelude and I’m now saving $16 a month. Not sure about claim service. Full coverage costs too much.
Synthia Wilson
I think I’m paying too much. I’m in Detroit, MI. I quoted with AIG Insurance, Safeco, and some smaller one I can’t remember the name of for my 1998 Honda Prelude and saved just over $60 a year.
Torrie Mclaughlin
I’m in the suburbs of Saint Paul, MN. Quoted a bunch of companies. Saved about $30 a month. 21st Century was the cheapest option for me. Wish I didn’t have to insure at all.
Luciano Ortega
Well-written and thought out article. I’m in the suburbs of Billings, Montana. I got free rates from Allstate, Hartford, and Erie for my Honda and I’m now saving $22 a month. When should I drop full coverage?
Rochelle Sharpe
I’m in Rochester, MN. Got car insurance quotes from AAA, Safeco, and Western Auto Insurance for my Prelude and saved about $100 a year. Highly recommended.
Tricia Mullins
Will 21st Century be cheaper if I raise deductibles?
Esperanza Sawyer
I’m in Chesapeake, VA. I got free prices from AAA, Farmers, and Mercury for my Honda and saved just over $110 a year. LOL It’s only liability tho.
Demetra Foley
Anyone buy from American Family? I’m in Evansville, IN.