Cheaper 2005 Honda Odyssey Car Insurance Quotes

Want the cheapest insurance rates for your Honda Odyssey? Have you finally had enough of sacrificing to keep your car insured? You have the same problem as the majority of other people.

There is such a variety of insurance companies to choose from, and although it’s a good thing to have multiple companies, more choices can make it harder to compare rates and find the lowest cost insurance.

The purpose of this article is to familiarize you with how to effectively get price quotes and some tricks to saving. If you currently have car insurance, you will be able to cut costs considerably using these tips. But vehicle owners need to learn the methods companies use to sell online because it can help you find the best coverage.

How to compare insurance rate quotes

When comparison shopping, there are several ways of comparing price quotes from different insurance companies. The easiest way to comparison shop consists of obtaining rate quotes online. It’s really quite simple and can be done in several different ways.

1. The single most time-saving way consumers can make multiple comparisons is a comparison rater form like this one (opens in new window). This form prevents you from having to do separate forms for each company you want a rate for. One quote request gets prices estimates from multiple low-cost companies.
2. A slightly less efficient method to find more affordable insurance consists of going to each company’s website and fill out their own quote form. For examples sake, we’ll pretend you want rates from Allstate, Esurance and State Farm. You would need to go to each individual site and repeatedly type in your coverage information, which is why most consumers use the first method. To view a list of companies in your area, click here.

Whichever method you choose, do your best to use the same coverage information for every quote you compare. If you have different deductibles you will not be able to determine the best price for your Honda Odyssey. Even a minor difference in limits can result in a big premium difference. Just keep in mind that obtaining a wide range of quotes helps improve the odds of finding the best price.

Discounts to earn cheaper car insurance rates

Not too many consumers would say car insurance is affordable, but you may be missing some discounts that could help you make your next renewal payment. Some of these disounts will be visible when you get a quote, but some must be inquired about before they will apply. If you aren’t receiving every discount you qualify for, you are just wasting money.

• Low Mileage – Driving less may enable drivers to earn substantially lower prices.
• Seat Belt Discounts – Drivers who require all vehicle occupants to fasten their seat belts could cut 10% or more off the personal injury premium cost.
• Safe Drivers – Drivers without accidents can save as much as half off their rates for Odyssey coverage compared to rates paid by drivers with frequent claims.
• Federal Government Employee – Simply working for the federal government could provide a small rate reduction for Odyssey coverage with select insurance companies.
• Service Members Pay Less – Being on active deployment in the military could trigger a small discount.

Discounts save money, but please remember that most discount credits are not given to the overall cost of the policy. Some only reduce individual premiums such as collision or personal injury protection. Even though it appears you can get free auto insurance, company stockholders wouldn’t be very happy.

If you would like to view insurers with the best discounts, click here.

Tailor your insurance coverage to you

When it comes to choosing adequate coverage, there really is not a “perfect” insurance plan. Coverage needs to be tailored to your specific needs so this has to be addressed. For instance, these questions can aid in determining whether your personal situation would benefit from an agent’s advice.

• Is my dog or cat covered if injured in an accident?
• Am I covered when driving in Canada or Mexico?
• Do I have any recourse if my insurance company denies a claim?
• Am I covered if I wreck a rental car?
• Is motorclub coverage worth it?
• Do I need replacement cost coverage on my 2005 Honda Odyssey?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Car insurance 101

Knowing the specifics of insurance helps when choosing appropriate coverage and proper limits and deductibles. Insurance terms can be difficult to understand and nobody wants to actually read their policy. Listed below are typical coverage types available from insurance companies.

Liability – This provides protection from damage that occurs to a person or their property by causing an accident. This coverage protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. 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. Alternatively, you may have a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as emergency aid, court costs, funeral expenses and medical expenses. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford.

Collision coverages – This pays for damage to your Odyssey resulting from a collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for things like damaging your car on a curb, scraping a guard rail and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Another option is to increase the deductible to get cheaper collision coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants and damage to your Honda Odyssey.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical payments and PIP coverage – Med pay and PIP coverage pay for immediate expenses for things like pain medications, doctor visits, dental work and EMT expenses. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers you and your occupants as well as being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage

Comprehensive auto coverage – This pays to fix your vehicle from 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 hitting a deer, a broken windshield, damage from flooding, damage from a tornado or hurricane and falling objects. The maximum amount a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.