2004 Honda Element Insurance Quotes – 9 Ways to Save

Searching for lower insurance rates for your Honda Element? Are you confused by the wide range of insurance companies that you can choose from? Lot’s of other people are too. drivers have such a vast assortment of companies available that it can quickly become a real challenge to locate the lowest premium rates.

It’s important to quote other rates once or twice a year since insurance prices change quite often. Just because you found the lowest price on Element insurance at your last renewal other companies may now be cheaper. Forget anything you know (or think you know) about insurance because you’re about to learn how to use online quotes to save on insurance.

Drivers save money with these nine premium-slashing discounts

Insurance is expensive, but there could be available discounts that you may not even know about. Certain reductions will be credited when you purchase, but less common discounts must be specifically requested before they will apply.

• Safety Restraint Discount – Drivers who require all occupants to buckle up may be able to save a few bucks on the premium charged for medical payments and/or PIP.
• Own a Home – Owning a house can help you save on insurance because of the fact that having a home requires a higher level of personal finance.
• Good Student Discount – A discount for being a good student can be rewarded with saving of up to 25%. This discount can apply well after school through age 25.
• New Car Discount – Adding a new car to your policy is cheaper since newer vehicles are generally safer.
• Discounts for Safe Drivers – Insureds without accidents can pay as much as 50% less on Element insurance than drivers with accident claims.
• Early Signing – Select companies give a discount for buying a new policy before your current expiration date. It can save you around 10%.
• Low Mileage – Keeping the miles down on your Honda can qualify you for cheaper premium rates.
• Driver Education Discount – Have your child successfully complete driver’s ed class as it will make them better drivers and lower rates.
• Theft Prevention System – Vehicles equipped with anti-theft or alarm systems can help prevent theft and that can save you a little bit as well.

A little note about advertised discounts, some credits don’t apply to the overall cost of the policy. Most only cut the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like you can get free auto insurance, companies don’t profit that way.

If you would like to view companies that provide some of the discounts listed above, follow this link.

Do I need special coverages?

When choosing the best insurance coverage, there is no single plan that fits everyone. Your needs are not the same as everyone else’s.

For instance, these questions might point out if your insurance needs would benefit from professional advice.

• If my pet gets injured in an accident are they covered?
• Do I need replacement cost coverage?
• Where can I find DUI or SR-22 insurance?
• Can my babysitter drive my car?
• Where can I get insurance after a DUI in my state?
• How much underlying liability do I need for an umbrella policy?
• Am I covered if I hit my neighbor’s mailbox?
• Should I get collision insurance on every vehicle?
• Will I be non-renewed for getting a DUI or other conviction?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.

The coverage is in the details

Having a good grasp of your insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring.

Collision coverage – This coverage pays to fix your vehicle from damage resulting from a collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims such as crashing into a ditch, damaging your car on a curb, colliding with a tree, driving through your garage door and backing into a parked car. This coverage can be expensive, so consider removing coverage from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Medical expense insurance – Med pay and PIP coverage kick in for immediate expenses such as chiropractic care, EMT expenses and funeral costs. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. It covers you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for liability – Liability coverage will cover damage or injury you incur to other people or property. This coverage protects you from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has 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 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against things such as funeral expenses, court costs and loss of income. How much liability should you purchase? That is your choice, but consider buying as much as you can afford.

Comprehensive (Other than Collision) – Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as damage from flooding, a broken windshield, damage from a tornado or hurricane, theft and hitting a bird. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Save your cold hard cash

As you prepare to switch companies, it’s very important that you do not buy lower coverage limits just to save a few bucks. In many cases, someone dropped uninsured motorist or liability limits and discovered at claim time that the few dollars in savings costed them thousands. Your focus should be to get the best coverage possible at the best price, but do not sacrifice coverage to save money.

Drivers switch companies for a number of reasons such as poor customer service, not issuing a premium refund, unfair underwriting practices and even delays in paying claims. It doesn’t matter why you want to switch switching companies is not as difficult as it may seem.

We just presented many ways to compare 2004 Honda Element insurance car insurance rates online. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding cheap insurance. You may even find the best price on insurance is with a lesser-known regional company.

More detailed insurance information is located by following these links:

• Car Insurance FAQ (Trusted Choice)
• How to Avoid Buying a Flooded Car (Insurance Information Insitute)
• Drunk Driving Statistics (Insurance Information Insitute)
• Understanding Limits and Deductibles (Allstate)
• Auto Insurance for Teen Drivers (Insurance Information Insitute)
• What Does No-Fault Insurance Cover? (Allstate)