2003 Honda Element Insurance Quotes

Finding better insurance prices for a Honda Element could be a lot of work, but you can learn these tips to find lower rates.

There are both good and bad ways to find auto insurance online and we’ll show you the absolute fastest way to get price quotes for a Honda and get the lowest possible price either online or from local insurance agents.

Car Insurance Discounts

Companies offering auto insurance do not list all disounts in an easy-to-find place, so the list below contains some of the best known as well as the least known discounts that may be available.

• Discounts for Safe Drivers – Insureds without accidents can save as much as half off their rates for Element coverage than drivers with accident claims.
• Senior Citizens – Seniors may receive a small decrease in premiums for Element coverage.
• Defensive Driver Discounts – Passing a defensive driver course could possibly earn you a 5% discount if your company offers it.
• Professional Memberships – Joining a professional or civic organization could qualify you for a break on your policy.
• Discounts for Government Workers – Federal government employees may reduce rates when you quote car insurance for Element coverage with certain companies.
• Student in College – Children living away from home attending college and do not have a car may be able to be covered for less.
• ABS Braking Discount – Cars, trucks, and SUVs with ABS and/or traction control prevent accidents and will save you 10% or more.
• Driver Education Discount – Cut your cost by having your teen driver take driver’s ed class if it’s offered in school.
• Good Grades Discount – Being a good student can earn a discount of 20% or more. You can use this discount normally up to age 25.
• Discounts for Multiple Vehicles – Drivers who insure more than one vehicle on one policy can get a discount for every vehicle.

Consumers should know that most discounts do not apply to the overall cost of the policy. Most cut specific coverage prices like comprehensive or collision. Even though it appears you could get a free car insurance policy, companies don’t profit that way.

A list of companies and their offered discounts are outlined below.

• Esurance policyholders can earn discounts including online quote, anti-theft, Pac-12 alumni, emergency road assistance, online shopper, good driver, and safety device.
• The Hartford may have discounts that include defensive driver, driver training, air bag, good student, bundle, vehicle fuel type, and anti-theft.
• AAA may offer discounts for multi-policy, good driver, education and occupation, good student, AAA membership discount, and anti-theft.
• Geico discounts include anti-theft, membership and employees, emergency military deployment, anti-lock brakes, and air bags.
• State Farm offers premium reductions for anti-theft, good student, driver’s education, passive restraint, Drive Safe & Save, and defensive driving training.

Before you buy a policy, ask all companies you are considering which credits you are entitled to. Some of the earlier mentioned discounts may not apply to policies everywhere. To see car insurance companies that offer multiple discounts, follow this link.

Tailor your car insurance coverage to you

When it comes to buying proper insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Every insured’s situation is different.

For example, these questions may help you determine if your insurance needs may require specific advice.

• When should I not file a claim?
• Which companies will insure high-risk drivers?
• I don’t drive much so do I pay less?
• Can my teen driver be rated on a liability-only vehicle?
• Am I insured when driving a different vehicle?
• Does coverage extend to my business vehicle?
• Who is covered by my policy?
• When should I drop full coverage on my 2003 Honda Element?

If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Brand name doesn’t guarantee savings

Consumers can’t avoid all the ads for the lowest price car insurance by Allstate, Geico and Progressive. They all seem to convey the message of big savings just by moving your policy.

How is it possible that every company can sell you cheaper insurance coverage?

Different companies give the cheapest rates for the type of driver that will be a good risk. For instance, this type of risk profile might be a female over age 40, has no prior claims, and insures a new vehicle. Any new insured that fits those parameters will get the preferred prices and will probably save when they switch companies.

Potential insureds who do not match these standards may receive a more expensive rate which leads to the customer buying from a different company. If you pay attention, the ads say “customers who switch” not “everyone that quotes” save that kind of money. That’s the way companies can truthfully advertise the way they do.

Because of this risk profiling, you need to quote coverage with many companies. You cannot predict which company will give you lower auto insurance rates than your current company.

Insurance coverage options for a Honda Element

Learning about specific coverages of a insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. Insurance terms can be difficult to understand and coverage can change by endorsement.

Medical expense insurance – Med pay and PIP coverage kick in for immediate expenses for hospital visits, pain medications, prosthetic devices and doctor visits. They are used to fill the gap from your health insurance policy or if you do not have health coverage. They cover both the driver and occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Auto liability insurance – This can cover damage that occurs to other’s property or people. This coverage protects you from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for claims like attorney fees, repair bills for other people’s vehicles and court costs. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Collision – This coverage pays to fix your vehicle from damage from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision can pay for things like crashing into a ditch, hitting a mailbox, colliding with another moving vehicle, crashing into a building and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.

Protection from uninsured/underinsured drivers – This coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your Honda Element.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive (Other than Collision) – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like vandalism, hitting a bird, hitting a deer, damage from flooding and damage from getting keyed. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Saving money makes a lot of cents

As you go through the steps to switch your coverage, it’s a bad idea to sacrifice coverage to reduce premiums. There are a lot of situations where an accident victim reduced liability limits or collision coverage only to regret that their decision to reduce coverage ended up costing them more. Your strategy should be to purchase plenty of coverage at the lowest possible cost while not skimping on critical coverages.

We just presented some good ideas how to lower your 2003 Honda Element insurance prices. The key thing to remember is the more price quotes you have, the higher your chance of finding the cheapest car insurance. You may even find the best prices are with a smaller regional carrier.

There are still a few companies who don’t offer online quoting regional carriers prefer to sell through local independent agencies. Cost effective 2003 Honda Element insurance can be sourced from both online companies as well as from independent agents, and you need to comparison shop both in order to have the best price selection to choose from.

More information can be found at the links below

• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Eight Auto Insurance Myths (Insurance Information Insitute)
• Smart Auto Insurance Tips (Insurance Information Insitute)
• Auto Insurance Basics (Insurance Information Insitute)