Lower Your 2010 Honda Insight Insurance Cost

Trying to find the cheapest insurance rates for your Honda Insight? Are you at wits end from not being able to scrape enough together to pay insurance each month? Your situation is no different than millions of other consumers. Lots of insurance companies contend to insure your vehicles, and it can be difficult to compare rates and uncover the absolute lowest rate

If you are insured now or need a new policy, you can use these techniques to shop for the lowest rates and still get good coverage. Finding the best rates is easy if you know what you’re doing. Drivers just need to know the best way to compare rates over the internet.

Auto insurance discounts are available to reduce your rates

Auto insurance can be pricey, but there could be significant discounts to reduce the price significantly. Certain credits will be shown when you get a quote, but some may not be applied and must be asked about before being credited.

• Low Miles Discount – Fewer annual miles on your Honda can qualify you for substantially lower rates.
• Discount for Good Grades – A discount for being a good student may save you up to 25%. The good student discount can last well after school through age 25.
• ABS Brakes – Cars and trucks that have anti-lock braking systems can reduce accidents and earn discounts up to 10%.
• Passive Restraint Discount – Factory air bags or motorized seat belts can qualify for discounts as much as 30%.
• Save with More Vehicles Insured – Drivers who insure multiple cars or trucks with the same auto insurance company can get a discount for every vehicle.
• Discounts for New Vehicles – Buying a new car model can cost up to 25% less compared to insuring an older model.
• Distant College Student Discount – Older children who are enrolled in higher education away from home and do not take a car to college can be insured at a reduced rate.
• Responsible Drivers – Drivers without accidents can save up to 40% or more on their insurance quote for Insight insurance than less cautious drivers.
• Telematics Data Discounts – Drivers who agree to allow companies to analyze driving patterns by using a telematics device such as Progressive’s Snapshot may get a rate reduction if they are good drivers.

Don’t be surprised that most of the big mark downs will not be given to the entire cost. A few only apply to the cost of specific coverages such as collision or personal injury protection. So despite the fact that it appears all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

Larger auto insurance companies and some of the discounts can be found below.

• Progressive offers premium reductions for multi-policy, homeowner, continuous coverage, online signing, and good student.
• AAA policyholders can earn discounts including pay-in-full, good student, multi-car, good driver, AAA membership discount, and anti-theft.
• Farmers Insurance may have discounts that include early shopping, mature driver, good student, alternative fuel, and youthful driver.
• Geico includes discounts for multi-vehicle, good student, driver training, federal employee, daytime running lights, and seat belt use.
• Esurance may include discounts for homeowner, Switch & Save, anti-theft, online shopper, renters, and claim free.
• SAFECO may offer discounts for anti-lock brakes, safe driver, anti-theft, homeowner, multi-car, and accident prevention training.
• State Farm offers discounts including good driver, good student, Steer Clear safe driver discount, anti-theft, multiple policy, and defensive driving training.

Before purchasing a policy, check with each insurance company to give you their best rates. All car insurance discounts may not apply to policyholders in your area. To view auto insurance companies that offer some of these discounts, click this link.

Ways to get car insurance rate quotes

Comparing car insurance rates can take time and effort if you don’t understand the most efficient way. You can waste hours talking to local insurance agents in your area, or you could save time and use online quoting to maximize your effort.

All the larger companies take part in a program that allows shoppers to only type in their quote data once, and each participating company then gives them pricing determined by their information. This saves time by eliminating quote requests to each individual car insurance company.

To find out what other companies charge click to open in new window.

The only downside to using this type of system is you cannot specify the insurers to receive prices from. If you wish to select specific insurance companies to request quotes from, we have assembled a list of low cost car insurance companies in your area. Click to view list.

The approach you take is up to you, just try to use apples-to-apples coverages for each quote you get. If the quotes have mixed coverages then you won’t be able to make a fair rate comparison.

What impacts Honda Insight insurance costs?

Many things are part of the calculation when you get your auto insurance bill. Some are pretty understandable like an MVR report, although others are not as apparent like your vehicle usage or how financially stable you are.Consumers need to have an understanding of some of the elements that help calculate your auto insurance rates. If you have a feel for what positively or negatively impacts your premiums, this enables informed choices that can earn you lower rates.

• Your employer may affect premiums – Did you know your auto insurance rates can be affected by your occupation? Careers such as military personnel, architects and emergency personnel tend to have higher rates than average because of stressful work requirements and incredibly demanding work hours. On the other hand, occupations such as actors, engineers and homemakers receive lower rates for Insight insurance.
• Stay claim-free and reduce auto insurance rates – Auto insurance companies provide the lowest premiums to policyholders who file claims infrequently. If you are a frequent claim filer, you can definitely plan on either a policy non-renewal or much higher rates. Auto insurance is designed for claims that you cannot pay yourself.
• Older drivers are lower risk – Teenage drivers are statistically shown to be more careless with other occupants in the car so they pay higher auto insurance rates. If you’ve ever had to add a young driver onto a policy can increase premiums substantially. Older people are more cautious drivers, cost insurance companies less in claims and tend to be get fewer driving tickets.
• Only buy add-on coverages you need – There are many additional coverages that can waste your money if you aren’t diligent. Insurance for things like coverage for rental cars, high-cost glass coverage, and motor club memberships are probably not needed. You may think they are a good idea when discussing your needs, but if you have no use for them remove them from your policy.
• Lower rates with continuous coverage – Not having insurance can get your license suspended and you will pay a penalty because you let your coverage have a gap. In addition to paying higher rates, failure to provide proof of insurance might get you fines and jail time.
• Cars with good safety ratings means lower auto insurance rates – Vehicles with good safety scores tend to have lower insurance rates. Vehicles built for safety reduce injuries and lower injury rates means lower claim amounts which can result in lower premiums.

Everyone needs different car insurance coverages

When it comes to buying coverage, there really is no one size fits all plan. Every situation is different and your policy should reflect that. Here are some questions about coverages that might point out whether or not you would benefit from an agent’s advice.

• What is roadside assistance coverage?
• What discounts do I qualify for?
• Are all vehicle passengers covered by medical payments coverage?
• Is my vehicle covered by my employer’s policy when using it for work?
• Why am I required to buy liability insurance?
• Should I sign the liability waiver when renting a car?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. If you don’t have a local agent, complete this form or click here for a list of car insurance companies in your area. It only takes a few minutes and can help protect your family.

Auto insurance coverage basics

Knowing the specifics of a auto insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. These are typical coverage types found on most auto insurance policies.

Comprehensive protection

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a deer, fire damage, falling objects and hitting a bird. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability auto insurance

Liability insurance protects you from damage that occurs to people or other property. It protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for things such as court costs, structural damage, funeral expenses and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Auto collision coverage

Collision insurance will pay to fix damage to your Insight resulting from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as driving through your garage door, rolling your car, damaging your car on a curb, scraping a guard rail and backing into a parked car. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

Medical expense coverage

Medical payments and Personal Injury Protection insurance pay for immediate expenses like surgery, nursing services, EMT expenses, dental work and chiropractic care. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Uninsured or underinsured coverage

This gives you protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries and also any damage incurred to your Honda Insight.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Knowledge is power

The cheapest 2010 Honda Insight insurance can be found both online and from local agencies, and you should be comparing both so you have a total pricing picture. There are still a few companies who may not provide online quoting and most of the time these small, regional companies prefer to sell through independent agents.

We just covered a lot of ways to save on 2010 Honda Insight insurance. It’s most important to understand that the more providers you compare, the better your chances of lowering your car insurance rates. You may even discover the lowest priced insurance comes from a smaller regional carrier. They can often provide lower car insurance rates in certain areas than the large multi-state companies such as Progressive and Geico.

More tips and info about insurance is located in these articles:

• What Does No-Fault Insurance Cover? (Allstate)
• Rollover Crash FAQ (iihs.org)
• Help Your Teen Be a Better Driver (State Farm)
• Safe Vehicles for Teens (iihs.org)