2002 Honda Passport Car Insurance Cost – 9 Ideas for Cheapest Prices

Want better auto insurance rates for your Honda Passport? Locating the cheapest auto insurance over the internet is problematic for consumers who are beginners to quoting and comparison shopping on the web. With such a large number of agents and insurers to choose from, how are we expected to even start to compare every possible option in order to find the cheapest available price?

You may qualify for discounts

Insurance is not cheap nor is it fun to buy but there could be significant discounts that you may not even know about. Some discounts apply automatically at the time you complete a quote, but a few need to be specially asked for before they will apply.

• Discount for Multiple Policies – If you insure your home and vehicles with the same insurance company you could save up to 20% off your total premium.
• Professional Organizations – Belonging to a qualifying organization could earn you a nice discount on your bill.
• Homeowners Savings – Just being a homeowner can earn you a little savings because of the fact that having a home shows financial diligence.
• Discounts for Multiple Vehicles – Buying a policy with more than one vehicle on a single policy can reduce the rates for all insured vehicles.
• Senior Citizen Rates – If you’re over the age of 55, you may receive better insurance rates for Passport coverage.
• Passive Restraint Discount – Options like air bags may get savings of 25 to 30%.
• E-sign – Some larger companies will discount your bill up to fifty bucks shop auto insurance online.
• Student Discount for Driver Training – Require your teen driver to take driver’s ed class as it will make them better drivers and lower rates.
• Driving Data Discount – Insureds that choose to allow their insurance company to analyze vehicle usage through the use of a telematics system such as Snapshot from Progressive or Drivewise from Allstate might see lower rates if they show good driving skills.

Drivers should understand that most discounts do not apply to the entire cost. Some only reduce individual premiums such as liability and collision coverage. Despite the fact that it seems like you could get a free insurance policy, you’re out of luck.

To see a list of companies who offer discounts, click this link.

Finding auto insurance

There are a lot of ways to compare auto insurance prices and some are more efficient than others. You could spend the better part of a day talking to insurance companies in your area, or you can stay home and use the web to get pricing more quickly.

Many of the larger companies are enrolled in a marketplace where prospective buyers enter their policy data once, and every company then returns a price quote based on the submitted data. This system prevents you from having to do quotation requests to each company.

To find out how much you can save on auto insurance click here (opens in new window).

The only downside to pricing coverage this way is you can’t choose which insurance companies to receive prices from. So if you prefer to choose from a list of companies to compare prices, we have a page of companies who write auto insurance in your area. Click to view list.

Compare rates however you want, just do your best to use apples-to-apples coverage limits and deductibles with each company. If each company quotes different data it will be nearly impossible to truly determine the lowest rate. Just a small difference in limits could skew the results. Keep in mind that quoting more will improve the odds of getting more affordable insurance.

There’s no such thing as the perfect car insurance policy

When buying the right insurance coverage for your vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different.

These are some specific questions may help highlight if your insurance needs could use an agent’s help.

• I have health insurance so do I need medical payments coverage?
• Can my babysitter drive my car?
• How do I buy GAP insurance?
• What is UM/UIM insurance?
• What is no-fault insurance?
• Which is better, split liability limits or combined limits?
• Exactly who is provided coverage by my policy?
• Does coverage extend to a rental car in a foreign country?
• Is my teenager covered with friends in the car?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you don’t have a local agent, complete this form.

Specific coverages for a 2002 Honda Passport

Learning about specific coverages of insurance can help you determine the right coverages for your vehicles. Insurance terms can be difficult to understand and coverage can change by endorsement.

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as a tree branch falling on your vehicle, fire damage, damage from a tornado or hurricane and a broken windshield. 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 removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for funeral costs, surgery and dental work. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover you and your occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Collision insurance

Collision coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things like backing into a parked car, sideswiping another vehicle, crashing into a building, crashing into a ditch and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to bring the cost down.

Liability coverage

Liability insurance can cover damage that occurs to a person or their property that is your fault. This coverage protects you from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

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

Liability insurance covers things like legal defense fees, medical expenses, attorney fees and bail bonds. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Honda Passport.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Buy online or local, you save

Lower-priced 2002 Honda Passport insurance can be bought from both online companies as well as from insurance agents, and you should compare rates from both to have the best chance of lowering rates. There are still a few companies who may not provide online price quotes and these regional insurance providers prefer to sell through independent agents.

Consumers change insurance companies for a number of reasons such as not issuing a premium refund, delays in paying claims, policy cancellation and lack of trust in their agent. Whatever your reason, switching insurance companies is pretty simple and you could end up saving a buck or two.

In this article, we presented a lot of information how to lower your 2002 Honda Passport insurance car insurance rates. The key thing to remember is the more companies you get premium rates for, the higher your chance of finding the cheapest auto insurance. You may even find the best price on insurance is with the smaller companies.

More detailed insurance information is available at these sites:

• Uninsured Motorist Statistics (Insurance Information Insitute)
• What Determines the Price of My Auto Insurance Policy? (Insurance Information Insitute)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• Get the Right Protection (InsureUonline.org)