Cheap 2007 Honda Pilot Insurance Rates

Searching for better insurance rates for your Honda Pilot? Getting affordable insurance might seem somewhat difficult for people new to quoting and shopping for insurance online. With dozens of insurers to choose from, how can people have time to compare every company in order to find better rates?

What affects Honda Pilot insurance rates?

Multiple criteria are taken into consideration when premium rates are determined. Some of the criteria are obvious like a motor vehicle report, but other criteria are less apparent such as your marital status or your financial responsibility.

The itemized list below are a partial list of the pieces insurance coverage companies consider when setting your rate level.

• Policy add-ons could be costing you – There are many add-on coverages that can waste your money when buying insurance coverage. Coverage for things like coverage for rental cars, accident forgiveness, and extra equipment coverage may be costing you every month. These may sound like a good investment when talking to your agent, but your money might be better spent on other coverage so think about removing them and cutting costs.
• Car plus home equals more savings – Most major insurers give discounts to policyholders that purchase more than one policy. It’s known as a multi-policy discount. Discounts can amount to ten percent or more. Even if you’re getting this discount it’s in your best interest to shop around to make sure you are getting the best deal.
• Excellent credit scores equal low prices – Your credit score can be an important factor in determining your rates. If your credit history is lower than you’d like, you could be paying less to insure your 2007 Honda Pilot by spending a little time repairing your credit. People that have good credit tend to file fewer claims and have better driving records than drivers with lower ratings.
• Lower rates by increasing comp and collision deductibles – Protection for physical damage, also called ‘full coverage’, insures against damage to your Honda. Some examples of claims that would be covered would be running into the backend of another car, hail damage, and rolling your vehicle. Comp and collision deductibles are the amount of money you are required to spend out-of-pocket before your insurance coverage pays a claim. The larger the amount the insured has to pay upfront, the less money you will pay for insurance coverage for Pilot insurance.

Car Insurance Discounts

Car insurance is not cheap, but you might already qualify for some discounts that many people don’t even know exist. Certain discounts will be applied at the time you complete a quote, but occassionally some discounts must be inquired about before they will apply.

• Discounts for New Vehicles – Insuring a new car can save up to 30% because new vehicles are generally safer.
• Discount for Life Insurance – Larger insurance carriers have a discounted rate on car insurance if you buy life insurance from them.
• Safety Restraint Discount – Forcing all vehicle occupants to buckle up before driving can save 10% or more on medical payment and PIP coverage.
• Bundle and Save – If you can combine your auto and home policy with the same company you will save at least 10 to 15 percent or more.
• Sign Online – A few larger online companies will provide an incentive for buying your policy digitally online.
• College Student – Older children who live away from home to go to college and do not have access to a covered vehicle could qualify for this discount.
• Multi-car Discount – Insuring several vehicles with the same car insurance company can get a discount on all vehicles.
• Telematics Data Discounts – Drivers that enable data collection to monitor where and when they drive remotely such as Drivewise from Allstate or Snapshot from Progressive might get better premium rates if their driving habits are good.
• Drivers Ed for Students – Require your teen driver to sucessfully take a drivers education course in school or through a local driver safety program.

A little disclaimer on discounts, many deductions do not apply to your bottom line cost. Most only apply to individual premiums such as physical damage coverage or medical payments. Even though it appears you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

For a list of insurance companies with the best discounts, click this link.

Tailor your insurance coverage to you

When it comes to buying adequate coverage for your personal vehicles, there really is not a perfect coverage plan. Everyone’s needs are different.

For example, these questions may help highlight if your situation would benefit from an agent’s advice.

• Am I covered when driving on a suspended license?
• How can I force my company to pay a claim?
• Who is covered by my policy?
• Should I sign the liability waiver when renting a car?
• How much liability coverage do I need in my state?
• Which is better, split liability limits or combined limits?
• Is my trailer covered?
• If my pet gets injured in an accident are they covered?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed agent. To find lower rates from a local agent, simply complete this short form.

Auto insurance coverages

Learning about specific coverages of your policy helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Comprehensive coverages

This coverage covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like damage from getting keyed, theft, hail damage, rock chips in glass and a broken windshield. The most your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability auto insurance

Liability coverage will cover damage that occurs to other’s property or people that is your fault. This coverage protects you against claims from other people. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for things like repair costs for stationary objects, emergency aid, funeral expenses, legal defense fees and attorney fees. How much coverage you buy is up to you, but you should buy as high a limit as you can afford.

Uninsured and underinsured coverage

This protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your 2007 Honda Pilot.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Coverage for medical payments

Med pay and PIP coverage reimburse you for short-term medical expenses like surgery, rehabilitation expenses, dental work and chiropractic care. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP is only offered in select states and may carry a deductible

Collision protection

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

Collision can pay for things such as sideswiping another vehicle, sustaining damage from a pot hole, damaging your car on a curb, hitting a mailbox and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. It’s also possible to choose a higher deductible to bring the cost down.

You can do this!

When you buy auto insurance online, never reduce needed coverages to save money. There are a lot of situations where someone sacrificed liability limits or collision coverage only to find out that the savings was not a smart move. Your focus should be to get the best coverage possible at the lowest possible cost and still be able to protect your assets.

Cheaper 2007 Honda Pilot insurance is attainable online in addition to local insurance agencies, so you should be comparing quotes from both to have the best chance of lowering rates. Some car insurance companies may not have rate quotes online and these small insurance companies work with independent agents.

You just read quite a bit of information on how to compare 2007 Honda Pilot insurance auto insurance rates online. It’s most important to understand that the more quotes you get, the higher your chance of finding the cheapest auto insurance. You may be surprised to find that the lowest auto insurance rates are with some of the smallest insurance companies.

Additional detailed information is located in these articles:

• Safe Vehicles for Teens (iihs.org)
• All About Airbag Safety (State Farm)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Insitute)
• What Does No-Fault Insurance Cover? (Allstate)