2006 Honda Odyssey Insurance Quotes – 6 Savings Tips

Searching for better car insurance rates for your Honda Odyssey? Finding low-cost car insurance might seem challenging for drivers that are not comfortable with quoting and comparing prices on the internet. With literally dozens of companies, how can drivers possibly compare every one to find better prices?

Choosing the best insurance company for you is not rocket science. Just about everyone who shops for insurance coverage will more than likely be able to find lower rates. But vehicle owners do need to understand how the larger insurance companies determine prices.

How to compare free insurance coverage price quotes

When looking for cheaper insurance quotes, there are a couple ways to get quotes from many different insurance companies. By far the easiest way to lower the rate you pay for 2006 Honda Odyssey insurance is to get quotes online. It is quite easy and can be accomplished in just a few minutes using one of these methods.

1. The most recommended method consumers can make multiple comparisons would be an industry-wide quote request form (click to open form in new window). This quick form keeps you from doing repetitive form submissions for each price estimate. In just a few minutes this one form gets prices estimates from many national carriers. Just one form and you’re done.
2. Another way to find better pricing is to take the time to go to the website for every company you want to comare and get a separate price quote. For examples sake, let’s say you want to compare rates from Geico, Esurance and Farmers. In order to compare rates, you need to visit each site to enter the same coverage data repeatedly, which is why the first method is more popular.

   For a list of links to insurance companies in your area, click here.

3. Even if you have time, the least recommended way to get comparison rates is driving to insurance agencies in your area. Buying insurance online can eliminate the need for a local agent unless you have a complicated situation and need the trained advice of a local agent. It is possible to get prices online but buy from a local insurance agent.

The method you choose is up to you, but make sure you are using identical information with each company. If you enter differing limits it will be impossible to find the best deal for your Honda Odyssey. Having just a slight variation in coverage limits can mean a large discrepancy in price. Just remember that comparing a wide range of rates provides better odds of finding a lower rate than you’re paying now.

Auto insurance advertising gotchas

Popular auto insurance providers such as State Farm, Allstate and Geico continually stream television and radio advertisements. All the ads make the same claim that drivers will save a bundle just by moving to them. How does every auto insurance company give you a better price? Here is how they do it.

Many companies require specific criteria for the type of customer that will be a good risk. An example of a profitable insured could possibly be over the age of 40, has few claims, and has excellent credit. Anybody that matches those criteria will get low rates and as a result will probably save quite a bit of money when switching.

Insureds who don’t measure up to these criteria may be required to pay higher premium rates which results in the customer buying from someone else. The ads say “customers who switch” not “all people who quote” save that much. This is how companies can truthfully make the claims of big savings. Because each company has a different risk profile, you really should get insurance quotes from several different companies. It’s not possible to predict which insurance companies will provide you with the cheapest prices.

Lower your insurance coverage rates with these six discounts

Companies that sell car insurance don’t always advertise every available discount very clearly, so we took the time to find both the well known in addition to some of the lesser obvious discounts that you may qualify for. If they aren’t giving you every credit available, you could be getting lower rates.

• No Charge for an Accident – This isn’t a discount exactly, but some insurance companies may permit one accident before hitting you with a surcharge so long as you haven’t had any claims for a certain period of time.
• Life Insurance Discount – Select insurance companies reward you with a break if you buy some life insurance in addition to your auto policy.
• Government Employee Discount – Active or former government employment can earn a discount up to 10% for Odyssey insurance with a few insurance coverage companies.
• Save over 55 – Drivers that qualify as senior citizens may be able to get a small discount on rates for Odyssey insurance.
• Sign Online – A few insurance companies will give you a small discount simply for signing over the internet.
• Homeowners Savings – Simply owning a home may trigger a policy discount on insurance coverage due to the fact that maintaining a home shows financial diligence.

As a disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. Some only apply to the cost of specific coverages such as liability, collision or medical payments. Despite the fact that it seems like adding up those discounts means a free policy, it doesn’t quite work that way. But all discounts should definitely cut the cost of your policy.

To choose insurance companies that offer some of these discounts, follow this link.

You are unique and your auto insurance should be too

When it comes to choosing adequate coverage for your vehicles, there really is not a single plan that fits everyone. Each situation is unique.

These are some specific questions might point out whether or not you may require specific advice.

• When should my teen driver be added to my policy?
• Does my personal policy cover me when driving out-of-state?
• Should I put collision coverage on all my vehicles?
• What if I total my 2006 Honda Odyssey and owe more than it’s worth?
• Does my insurance cover my expensive audio equipment?
• Will filing a claim cost me more?
• Am I covered if my car is in a flood?

If you don’t know the answers to these questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form.

What insurance coverages do you need?

Understanding the coverages of your policy aids in choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Collision protection

This will pay to fix damage to your Odyssey caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things like hitting a parking meter, sideswiping another vehicle and colliding with another moving vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to bump up the deductible to bring the cost down.

Auto liability insurance

This coverage can cover damages or injuries you inflict on a person or their property. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability insurance covers things such as funeral expenses, court costs, loss of income, bail bonds and medical expenses. How much liability coverage do you need? That is a personal decision, but buy as large an amount as possible.

Comprehensive insurance

This pays to fix your vehicle from 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 can pay for things such as hitting a bird, theft and damage from getting keyed. The highest amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers

This gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Honda Odyssey.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as prosthetic devices, X-ray expenses and rehabilitation expenses. They can be utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and may carry a deductible

Final thoughts

Drivers change insurance companies for a variety of reasons including policy non-renewal, denial of a claim, delays in responding to claim requests or questionable increases in premium. Whatever your reason, switching companies is not as hard as you think.

As you quote insurance, do not skimp on critical coverages to save a buck or two. In too many instances, an accident victim reduced comprehensive coverage or liability limits and learned later that a couple dollars of savings turned into a financial nightmare. Your objective should be to buy a smart amount of coverage at a price you can afford but still have enough coverage for asset protection.

Throughout this article, we presented quite a bit of information on how to compare 2006 Honda Odyssey insurance car insurance rates online. The key concept to understand is the more rate comparisons you have, the better likelihood of getting cheap insurance. You may even discover the lowest car insurance rates are with the smaller companies.

To read more, feel free to visit the following helpful articles:

• Teen Driving and Texting (State Farm)
• Think You’re a Safe Driver? (State Farm)
• A Tree Fell on Your Car: Now What? (Allstate)
• Prepare your Teens for Safe Driving (InsureUonline.org)
• Protecting Teens from Drunk Driving (Insurance Information Insitute)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)