Save on 1999 Honda Prelude Insurance Rates

Buying low-cost insurance may at first seem to be rather difficult for consumers that are relatively new to price shopping on the web. Since there are so many companies in the marketplace, how can consumers have time to compare every possible option in order to find lower insurance premiums?

It is always a good idea to take a look at other company’s rates periodically because rates change regularly. Just because you had the best premium rates on Prelude coverage on your last policy a different company probably has better prices today. You can find a lot of information about insurance out there, but we’re going to give you a lot of great tips on how to reduce your insurance bill.

Where can I get low cost insurance coverage?

When looking for low cost car insurance quotes, there are a couple ways to compare rate quotes from insurance coverage companies in your area. One of the best ways to compare 1999 Honda Prelude insurance prices involves getting comparison quotes online. This is very easy and can be done by using one of the methods below.

1. The fastest way consumers can make multiple comparisons is an all-inclusive rate comparison click here to open form in new window. This quick form keeps you from doing boring form submissions for each company you want a rate for. Just one form gets insurance cost estimates direct from many companies. This is by far the quickest method.
2. A slightly less efficient method to obtain and compare quotes online is spending the time to visit each individual company website and request a quote. For sake of this example, let’s say you want to compare rates from Geico, State Farm and Travelers. In order to compare rates, you need to navigate to each company’s site and repeatedly type in your coverage information, which is not fast way to get rate quotes.

   For a list of links to insurance companies in your area, click here.

3. If you have time to kill, the last method to find cheaper rates is calling or driving to local insurance agencies. Quoting and buying insurance online eliminates the middleman unless you require the advice and guidance only provided by licensed agents. Drivers can get prices online but have a local agent actually write the policy.

It doesn’t matter which method you choose, just make darn sure you compare the same coverage data for every company. If you are comparing different liability limits it’s not possible to make a fair rate comparison. Having just a slight variation in insurance coverages may cause a big price difference. And when price shopping your coverage, comparing more quotes gives you a better chance of getting a lower rate.

Smart buyers can save money

Many different elements are used in the calculation when pricing auto insurance. Some are pretty understandable like an MVR report, but others are not as apparent such as your marital status or how financially stable you are.One of the most helpful ways to save on car insurance is to to have a grasp of some of the elements that go into determining car insurance rates. If you have a feel for what controls the rates you pay, this enables informed choices that may result in much lower annual insurance costs.

• Liability coverage – Your car insurance policy’s liability coverage is the coverage that protects you if ever a jury decides you are liable for damages from an accident. Your policy’s liability insurance provides for a legal defense which can be incredibly expensive. Liability insurance is quite affordable compared to insuring for physical damage coverage, so drivers should carry high limits.
• Car insurance rates and age – Older, more experienced drivers are viewed as being more responsible, file fewer claims , and are generally more financially stable.Young drivers have a tendency to be easily distracted with other occupants in the car so car insurance rates are higher.
• Prevent car insurance policy lapses – Allowing your coverage to lapse can be a quick way to drive up your policy premiums. And not only will your rates increase, the inability to provide proof of insurance may earn you a revoked license or a big fine. Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.
• Premiums increase with policy add-ons – There are a lot of extra coverages that may not really be needed if you aren’t diligent. Coverage for things like personal injury protection, towing coverage, and membership fees may be costing you every month. The coverages may be enticing initially, but if you don’t need them eliminate the coverages to reduce your premium.
• Raising deductibles lowers prices – Physical damage deductibles define how much you are willing to pay if the claim is covered. Insurance for physical damage to your car, also known as collision and other-than-collision, insures against damage to your car. A few examples of covered claims would be a windshield broken by a bird, collision with a deer, and having a roll-over accident. The more damage repair cost you pay before a claim is paid (deductible), the less your car insurance will be on Prelude coverage.
• Driving citations mean higher prices – A bad driving record influences premium rates substantially. Having just one citation may increase your cost substantially. Careful drivers get better rates as compared to those with violations. People who have license-revoking citations such as reckless driving, hit and run or driving under the influence may be required to submit a SR-22 or proof of financial responsibility with their state’s department of motor vehicles in order to keep their license.
• Being married can lower rates – Being married may cut your premiums on your policy. It may mean you are more responsible and it’s proven that drivers who are married are more cautious.

Take advantage of with these discounts

Companies do not advertise every available discount very well, so the next list breaks down a few of the more common and the harder-to-find credits available to bring down your rates.

• Employee of Federal Government – Having worked for a branch of the government could provide a small rate reduction on Prelude coverage but check with your company.
• Senior Discount – If you qualify as a senior citizen, you could receive lower premium rates on Prelude coverage.
• First Accident Forgiveness – This one isn’t a discount, but companies like State Farm and Geico will turn a blind eye to one accident without raising rates so long as you are claim-free prior to being involved in the accident.
• Club Memberships – Being in specific professional or occupational memberships or organizations could earn you a nice discount on your policy.
• Safety Restraint Discount – Buckling up and requiring all passengers to buckle up before driving can save 10% or more off the PIP or medical payment premium.
• Theft Deterent System – Vehicles that have factory alarm systems and tracking devices prevent vehicle theft and will qualify for a discount on a car insurance quote.
• Resident Student – who are enrolled in a college that is more than 100 miles from home and do not have a car may qualify for this discount.

Consumers should know that most credits do not apply to all coverage premiums. Some only reduce individual premiums such as physical damage coverage or medical payments. Despite the fact that it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way.

Companies and some of the premium reductions they offer include:

• State Farm offers premium reductions for accident-free, anti-theft, student away at school, good student, Steer Clear safe driver discount, and driver’s education.
• American Family offers discounts including defensive driver, TimeAway discount, multi-vehicle, air bags, and good student.
• Geico policyholders can earn discounts including military active duty, federal employee, emergency military deployment, membership and employees, and defensive driver.
• 21st Century includes discounts for driver training, early bird, defensive driver, automatic seat belts, student driver, air bags, and good student.
• Progressive has discounts for multi-vehicle, online signing, online quote discount, continuous coverage, and good student.

If you are trying to find affordable car insurance quotes, ask all companies you are considering to apply every possible discount. Discounts may not be available in your state. To find insurers who offer cheap insurance quotes, click here to view.

Your situation helps dictate your coverage

When it comes to choosing adequate coverage, there isn’t really a one size fits all plan. Every situation is different.

For instance, these questions may help you determine whether you could use an agent’s help.

• Where can I find DUI or SR-22 insurance?
• Should I have combined single limit or split liability limits?
• I don’t drive much so do I pay less?
• What is the ISO rating for a 1999 Honda Prelude?
• Is my cargo covered for damage or theft?
• What is covered by UM/UIM coverage?
• Does coverage extend to Mexico or Canada?
• What is an SR-22 filing?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form.

Auto insurance 101

Having a good grasp of car insurance can help you determine which coverages you need at the best deductibles and correct limits. Car insurance terms can be ambiguous and reading a policy is terribly boring.

Comprehensive or Other Than Collision

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as hail damage, fire damage, theft, damage from getting keyed and damage from flooding. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for doctor visits, rehabilitation expenses, dental work and X-ray expenses. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Honda Prelude.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Collision coverage

This coverage covers damage to your Prelude from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like backing into a parked car, damaging your car on a curb, driving through your garage door and crashing into a ditch. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Coverage for liability

This provides protection from damages or injuries you inflict on a person or their property. It protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability insurance covers claims such as court costs, medical services, structural damage, loss of income and attorney fees. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Shop smart and save

Throughout this article, we presented some good ideas how to lower your 1999 Honda Prelude insurance auto insurance rates. The key thing to remember is the more you quote car insurance, the higher the chance of saving money. Consumers could even find that the lowest auto insurance rates come from the least-expected company.

Drivers switch companies for any number of reasons including poor customer service, high rates after DUI convictions, lack of trust in their agent or even unfair underwriting practices. No matter why you want to switch, finding a great new company is less work than it seems.

As you quote car insurance, it’s a bad idea to skimp on critical coverages to save a buck or two. There have been many situations where someone dropped liability limits or collision coverage and discovered at claim time that the small savings ended up costing them much more. The ultimate goal is to buy a smart amount of coverage at the best price while still protecting your assets.

More detailed car insurance information can be found at these sites:

• Driving in Bad Weather (Insurance Information Insitute)
• Neck Injury FAQ (iihs.org)
• Crash Avoidance Technologies FAQ (iihs.org)
• Distracted Driving Extends Beyond Texting (State Farm)