2009 Honda Fit Insurance Cost

Want the cheapest insurance coverage rates for your Honda Fit? Comparing and finding low cost prices for insurance coverage might be challenging for drivers new to online insurance quotes. With so many options of companies, it can turn into a difficult mission to find better rates.

Locating more affordable protection is simple if you know the tricks. In a nutshell, everyone who shops for auto insurance should be able to lower their premiums. Although vehicle owners need to learn how big insurance companies determine prices.

Save a ton by taking advantage of discounts

Auto insurance companies don’t necessarily list every policy discount in an easy-to-find place, so the list below gives a summary of some of the best known and the more hidden discounts that you can inquire about if you buy car insurance online.

• Save with More Vehicles Insured – Having all your vehicles with the same company can reduce rates for all insured vehicles.
• Discount for Home Ownership – Simply owning a home may earn you a small savings since home ownership means you have a higher level of financial diligence.
• Safe Drivers – Drivers who avoid accidents can save as much as half off their rates on Fit insurance than drivers with accident claims.
• Early Renewal Discounts – Some companies reward drivers for switching companies before your current policy expires. It’s a savings of about 10%.
• Driver’s Ed – Make teen driver coverage more affordable by requiring them to take driver’s ed class as it will make them better drivers and lower rates.
• Government Employees – Being employed by or retired from a federal job may reduce rates when you quote car insurance on Fit insurance with some car insurance companies.
• Accident Forgiveness – Not a discount per se, but companies like Geico, Allstate and Liberty Mutual may permit one accident without raising rates if your claims history is clear for a certain period of time.
• Driving Data Discount – Policyholders that allow their company to spy on when and where they use their vehicle through the use of a telematics system such as Progressive’s Snapshot may get a rate reduction if they have good driving habits.
• Defensive Driver Discount – Participating in a course that instructs on driving safety is a good idea and can lower rates if your company offers it.

Discounts reduce rates, but you should keep in mind that many deductions do not apply to your bottom line cost. Most only cut the cost of specific coverages such as comp or med pay. So even though it sounds like all those discounts means the company will pay you, insurance companies wouldn’t stay in business.

Larger car insurance companies and the discounts they provide include:

• Geico may offer discounts for daytime running lights, anti-theft, seat belt use, multi-vehicle, multi-policy, federal employee, and driver training.
• SAFECO has discounts for bundle discounts, drive less, anti-lock brakes, accident prevention training, homeowner, teen safety rewards, and anti-theft.
• State Farm may have discounts that include Steer Clear safe driver discount, multiple policy, safe vehicle, driver’s education, and accident-free.
• MetLife offers discounts including defensive driver, accident-free, multi-policy, claim-free, good student, good driver
• 21st Century has savings for homeowners, student driver, defensive driver, early bird, and good student.
• Progressive discounts include homeowner, multi-vehicle, online signing, multi-policy, continuous coverage, and online quote discount.

Before you buy a policy, ask each insurance company which discounts they offer. Some of the discounts discussed earlier may not apply in your area.

The method we recommend to compare insurance rates from multiple companies is to take advantage of the fact most larger insurance companies participate in a system to give free rates quotes. To begin a comparison, all you need to do is spend a couple of minutes providing details such as what you do for a living, driver ages, how many miles driven, and how much school you completed. Your details gets transmitted to many different companies and you should receive rate quotes instantly.

Learn how to find auto insurance at a discount

Lots of things are used when you quote your car insurance policy. Some of the criteria are obvious like your driving record, but other factors are more transparent like where you live or how financially stable you are.Smart consumers have a good feel for the different types of things that help determine your premiums. If you understand what determines base rates, this enables informed choices that could result in much lower annual insurance costs.

• Lower auto insurance rates with GPS tracking and theft deterrents – Purchasing a vehicle that has a built-in theft deterrent system can get you a discount on your auto insurance. Theft prevention devices such as OnStar, LoJack tracking, and tamper alarms all help stop vehicle theft.
• Gender and car insurance – Over the last 50 years, statistics have shown women are more cautious behind the wheel. However, this does not mean males are worse at driving than females. They both have accidents at about the same rate, but the male of the species have accidents that have higher claims. Not only are claims higher, but men receive more costly citations like driving under the influence (DUI). Male teenagers generally have the highest accident percentage so they pay the highest premiums.
• Employer impacts premiums – Did you know your occupation can influence how much you pay for auto insurance? Occupations like military generals, architects and emergency personnel tend to have higher rates than average attributed to high stress and extremely grueling work hours. On the flip side, professions such as professors, athletes and the unemployed pay lower than average rates on Fit insurance.
• Save money by eliminating extra coverages – There are a ton of add-on coverages that may not really be needed if you aren’t careful. Things like coverage for rental cars, towing, and extra life insurance coverage are some examples. They may seem good when buying your policy, but if you don’t need them remove them from your policy.
• Big city or small town – Choosing to live in small towns and rural areas can be a good thing when it comes to auto insurance. Fewer people means a lower chance of having an accident and also fewer theft and vandalism claims. People in densly populated areas have more aggressive driving styles and much longer commute distances. More time behind the wheel means more chance of being in an accident.
• Lower auto insurance rates for being claim-free – Auto insurance companies give most affordable rates to policyholders who do not file claims often. If you frequently file small claims, you can look forward to much higher rates or policy non-renewal. Auto insurance is designed for major claims that would cause financial hardship.

How much insurance do I need?

When it comes to choosing coverage for your personal vehicles, there isn’t really a best way to insure your cars. Each situation is unique.

For example, these questions might point out if you will benefit from professional help.

• Does insurance cover damages from a DUI accident?
• When can my company non-renew my policy?
• At what point should I drop full coverage?
• Do I have coverage if my license is suspended?
• Do I need replacement cost coverage?
• When should I remove comp and collision on my 2009 Honda Fit?
• Do I have coverage for damage caused while driving under the influence?

If you’re not sure about those 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, fill out this quick form.

Car insurance coverage considerations

Knowing the specifics of your car insurance policy aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Comprehensive protection

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as rock chips in glass, fire damage, damage from a tornado or hurricane and a broken windshield. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for funeral costs, chiropractic care, hospital visits, prosthetic devices and ambulance fees. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants in addition to getting struck while a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Liability insurance

Liability coverage will cover damage that occurs to a person or their property by causing an accident. It protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things like loss of income, funeral expenses and court costs. How much coverage you buy is a decision to put some thought into, but buy as large an amount as possible.

Collision protection

Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as colliding with another moving vehicle, crashing into a ditch, damaging your car on a curb and hitting a mailbox. Collision is rather expensive coverage, so consider removing coverage from older vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries to you and your family as well as damage to your Honda Fit.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Normally these limits do not exceed the liability coverage limits.

And the best car insurance company is…

Consumers who switch companies do it for many reasons like high rates after DUI convictions, delays in paying claims, questionable increases in premium and even an unsatisfactory settlement offer. No matter why you want to switch, choosing a new company can be easier than you think.

As you restructure your insurance plan, it’s not a good idea to buy less coverage just to save a little money. In many instances, someone sacrificed comprehensive coverage or liability limits to discover at claim time that the small savings ended up costing them much more. The goal is to buy enough coverage at the best price, but don’t skip important coverages to save money.

Cheaper 2009 Honda Fit insurance is attainable from both online companies and also from your neighborhood agents, and you should compare rates from both so you have a total pricing picture. A few companies may not provide internet price quotes and most of the time these smaller companies provide coverage only through independent insurance agencies.

For more information, feel free to browse these articles:

• Winter Driving (Insurance Information Insitute)
• Safety Features for Your New Car (State Farm)
• Learn About Car Insurance (Geico)
• Should I Purchase an Umbrella Liability Policy? (Insurance Information Insitute)
• Reducing Your Risks in a Car Crash Video (iihs.org)