Save on 2003 Honda Pilot Insurance Rates

Are you sick and tired of not being able to scrape enough together to pay high insurance coverage rates every month? You’re in the same situation as many other drivers.

You have multiple insurance companies to purchase coverage from, and even though it’s nice to have a selection, it can be more difficult to get the best deal.

It’s a great practice to get comparison quotes occasionally since prices fluctuate regularly. Just because you found the best deal for Pilot coverage at your last renewal you can probably find a lower rate today. Forget anything you know (or think you know) about insurance coverage because you’re about to find out the only way to save money, get proper deductibles and limits, all at the lowest rate.

Pricing the best auto insurance coverage is simple if you know the tricks. Essentially anyone who is shopping for auto insurance will more than likely be able to save money. Although consumers do need to know how insurance companies sell online because it can help you find the best coverage.

Seven factors that affect insurance premiums

Consumers need to have an understanding of a few of the rating criteria that aid in calculating insurance rates. When you understand what determines base rates, this empowers consumers to make smart changes that can help you get better insurance rates.

Listed below are some of the most rate-impacting factors companies use to determine your rates.

• Your vocation can affect premiums – Jobs such as military generals, social workers and emergency personnel are shown to have higher premium rates because of job stress and lots of time spent at work. On the other hand, occupations such as professors, historians and retirees pay the least for Pilot coverage.
• Do you qualify for a multi-policy discount? – Most larger insurance companies apply discounts to buyers who have multiple policies with them such as combining an auto and homeowners policy. Even with this discount applied, it’s always a smart idea to shop around to verify if the discount is saving money.
• Get better rates if married – Walking down the aisle can actually save you money on your insurance policy. Having a significant other generally demonstrates drivers are more mature and insurance companies like that drivers who are married are more cautious.
• Lower prices with no policy lapses – Driving any period of time without insurance is a big no-no and you may have a hard time finding new coverage because you let your insurance expire. In addition to paying higher rates, not being able to provide proof of insurance might get you a fine, jail time, or a revoked license.
• What’s your car’s crash test rating? – Cars with high safety ratings cost less to insure. Vehicles built for safety reduce the chance of injuries and any reduction in injury severity means lower claim amounts passed on to you as lower rates. If the Honda Pilot has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org it is probably cheaper to insure.
• You might want pay the small insurance claims yourself – Insurance companies give the lowest premiums to drivers who are not frequent claim filers. If you file a lot of claims you can pretty much guarantee either policy cancellation or increased premiums. Insurance coverage is designed for claims that you cannot pay yourself.
• Eliminate unneeded extra coverages – Policies have extra add-on coverages that you can get tricked into buying if you aren’t diligent. Coverage for things like rental car reimbursement, accident forgiveness, and motor club memberships are examples of these. They may sound like good ideas when deciding what coverages you need, but if they’re wasting money remove them and pocket the money.

These discounts can reduce car insurance rates

Some companies don’t necessarily list all their discounts very clearly, so the below list has a few of the more well known and the more hidden credits that may apply to you. If you do not double check each discount you deserve, you are throwing money away.

• Good Student Discount – Being a good student can be rewarded with saving of up to 25%. Many companies even apply the discount to college students up until you turn 25.
• Telematics Data Discounts – Insureds that choose to allow their company to spy on their driving habits through the use of a telematics system such as State Farm’s In-Drive might get better premium rates if they exhibit good driving behavior.
• Defensive Driver Discounts – Taking a class that teaches defensive driver techniques is a good idea and can lower rates and easily pay for the cost of the class.
• Professional Organizations – Joining a civic or occupational organization could earn you a nice discount on your policy.
• Federal Employees – Active or former government employment could cut as much as 10% off for Pilot coverage but check with your company.
• Save over 55 – Drivers that qualify as senior citizens may be able to get a discount up to 10% for Pilot coverage.
• Multi-line Discount – Some insurance companies give a discounted premium rate on car insurance if you buy some life insurance in addition to your auto policy.
• Accident-Free Discounts – Claim-free drivers pay less as opposed to policyholders that have many claims.
• Anti-theft System – Cars, trucks, and SUVs that have factory anti-theft systems have a lower chance of being stolen and will save you 10% or more.
• Active Military Service – Having a family member in the military may lower your rates slightly.

Don’t be shocked that most discount credits are not given to your bottom line cost. Most only cut specific coverage prices like collision or personal injury protection. Despite the fact that it seems like you could get a free car insurance policy, it just doesn’t work that way.

The best car insurance companies and a selection of discounts are detailed below.

• 21st Century may offer discounts for theft prevention, driver training, teen driver, defensive driver, air bags, early bird, and anti-lock brakes.
• State Farm offers discounts including passive restraint, defensive driving training, Drive Safe & Save, anti-theft, safe vehicle, and multiple autos.
• AAA policyholders can earn discounts including AAA membership discount, anti-theft, good driver, education and occupation, and multi-policy.
• Liberty Mutual may include discounts for new vehicle discount, new move discount, new graduate, safety features, preferred payment discount, exclusive group savings, and teen driver discount.
• Progressive may have discounts that include continuous coverage, homeowner, online quote discount, online signing, multi-policy, multi-vehicle, and good student.

If you want affordable car insurance quotes, ask every company which discounts you may be entitled to. Discounts might not be offered on policies in your state. To see a list of insurers with significant discounts, follow this link.

When do I need an agent’s advice?

When choosing coverage, there really is not a cookie cutter policy. Every insured’s situation is different so this has to be addressed. For instance, these questions might point out if your insurance needs might need an agent’s assistance.

• When would I need additional glass coverage?
• Am I covered if I wreck a rental car?
• What is the minimum liability in my state?
• I have good health insurance, so how much medical payments coverage do I need?
• Should I file a claim if it’s only slightly more than my deductible?
• Will my insurance pay for OEM parts?

If you can’t answer these questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Information about specific coverages

Learning about specific coverages of insurance helps when choosing the right coverages for your vehicles. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording. These are typical coverage types found on the average insurance policy.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Honda Pilot.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Coverage for collisions

This coverage will pay to fix damage to your Pilot caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like sideswiping another vehicle, colliding with another moving vehicle, driving through your garage door and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Comprehensive coverage

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as rock chips in glass, theft, damage from getting keyed and hitting a deer. The most your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Liability insurance

This coverage can cover damage that occurs to other’s property or people in an accident. This insurance protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

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 policy limits of 25/50/25 which stand for a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims like repair costs for stationary objects, medical expenses and medical services. How much coverage you buy is your choice, but consider buying higher limits if possible.

Medical payments coverage and PIP

Med pay and PIP coverage pay for bills for doctor visits, chiropractic care, ambulance fees, hospital visits and dental work. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Save your hard earned cash

We’ve covered a lot of ways to lower your 2003 Honda Pilot insurance car insurance rates. The key thing to remember is the more you quote car insurance, the higher the chance of saving money. Consumers may even find the lowest car insurance rates are with an unexpected company. They can often provide lower premium rates in certain areas as compared to the big name companies such as Allstate, Geico and Progressive.

When shopping online for auto insurance, never reduce coverage to reduce premium. There have been many cases where someone dropped comprehensive coverage or liability limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your goal is to buy a smart amount of coverage at an affordable rate.

For more information, take a look at the following helpful articles:

• Child Safety Seats (Insurance Information Insitute)
• Rental Reimbursement Coverage (Allstate)
• Auto Insurance Basics (Insurance Information Insitute)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Uninsured Motorist Statistics (Insurance Information Insitute)
• Vehicle Insurance (Wikipedia)