Save on 2011 Honda Element Car Insurance Quotes

Having to pay for overpriced insurance coverage can bleed your bank account and require stricter spending habits. Price shopping at each renewal can lower your rates and help to lower your bills every month.

Because you have many companies to choose from, it is hard for the average consumer to choose the right company.

It’s important to shop coverage around at least once a year since prices go up and down regularly. Even if you got the best rates for Element coverage on your last policy you can probably find a lower rate today. Forget all the misinformation about insurance coverage because I’m going to let you in on the secrets to the fastest way to get good coverage at a lower rate.

This article will instruct you on how to effectively get price quotes and some money-saving tips. If you are paying for car insurance now, you stand a good chance to be able to save some money using this strategy. Drivers only need an understanding of how to compare company rates over the internet.

Which car insurance is cheapest?

There are several ways to compare car insurance quotes, but there is one way that is more efficient than others. You could waste a few hours talking to insurance companies in your area, or you can utilize online quotes to get pricing more quickly.

Many of the larger companies take part in a program that allows shoppers to submit their information once, and each company can provide price quotes determined by their information. This system prevents you from having to do form submissions for each company you want a rate for.

To compare rates now click to open in new window.

The only drawback to comparing rates this way is you cannot specify which companies you will receive quotes from. If you prefer to choose from a list of companies to compare rates, we have a page of companies who write car insurance in your area. Click to view list.

Take whichever approach you prefer, but ensure you are comparing apples-to-apples coverage limits for each quote you get. If each company quotes different liability limits it will be very difficult to determine the best price for your Honda Element.

Seven things that influence your insurance prices

When buying insurance it’s important to understand some of the elements that are used to determine the level of your policy premiums. When you understand what impacts premium levels, this helps enable you to make changes that may result in lower insurance prices.

The list below includes a partial list of the pieces used by insurance companies to determine your prices.

  • Credit score impact insurance rates – Having a bad credit rating is a big factor in determining what you pay. Consumers who have excellent credit scores tend to file fewer claims and have better driving records than drivers with worse credit. If your credit history leaves room for improvement, you could pay less to insure your 2011 Honda Element if you clean up your credit.
  • Raise physical damage deductibles and save – Your deductibles tell how much you are willing to pay if you file a covered claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. A few examples of covered claims are collision with another vehicle, damage caused by hail, or theft of your vehicle. The higher the amount you have to pay, the less your company will charge you for insurance for Element coverage.
  • What’s your car’s crash test rating? – Safe vehicles tend to be cheaper to insure. Highly rated vehicles result in less severe injuries and any reduction in injury severity means less money paid by your insurance company and lower rates for you. If your Honda Element scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
  • Theft deterrents save – Purchasing a vehicle with anti-theft technology or alarm system can earn a premium discount. Anti-theft devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent auto theft and help lower rates.
  • Drive less and save – The more you drive each year the more it will cost to insure it. Almost all companies rate vehicles based upon how you use the vehicle. Autos that sit idle most of the time receive lower rates than those that get driven frequently. Verify your insurance policy shows annual mileage, because it can save money. An improperly rated Element can cost quite a bit.
  • An active insurance claims history can cost you more – Car insurance companies provide cheaper rates to policyholders who only file infrequent claims. If you tend to file frequent claims, you can pretty much guarantee increased rates or even have your policy non-renewed. Your car insurance is meant to be used in the event of more catestrophic claims.
  • Do you really need roadside assistance? – Insurance companies have many extra bells and whistles that you can get tricked into buying on your Element policy. Insurance for coverage for rental cars, towing, and extra equipment coverage could be just wasting money. They may seem good when discussing your needs, but your money might be better spent on other coverage so consider taking them off your policy.

Don’t miss with these discounts

Car insurance is not cheap nor is it fun to buy but there could be available discounts that you may not know about. Some trigger automatically at the time you complete a quote, but a few must be specifically requested prior to getting the savings.

  • Senior Citizen Discount – Mature drivers could receive better car insurance rates for Element coverage.
  • Policy Bundle Discount – When you have multiple policies with the same company you may save at least 10% off all policies.
  • Paperless Signup – A handful of car insurance companies will discount your bill up to fifty bucks for buying your policy online.
  • Driver’s Education for Students – Reduce the cost of insurance for teen drivers by having them complete a driver education course in high school.
  • Student in College – who live away from home to go to college and don’t have a car can receive lower rates.

Don’t be surprised that some of the credits will not apply the the whole policy. Most only apply to specific coverage prices like collision or personal injury protection. Just because it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way. But all discounts will bring down the premium cost.

To view companies with discount rates, click this link.

Your situation helps dictate your coverage

When choosing the right insurance coverage, there really is not a one size fits all plan. Your needs are not the same as everyone else’s so your insurance needs to address that. Here are some questions about coverages that can aid in determining whether or not you may require specific advice.

  • Does my insurance cover my expensive audio equipment?
  • Am I covered when delivering products for my home-based business?
  • Are rental cars covered under my policy?
  • Which companies will insure high-risk drivers?
  • What is UM/UIM insurance?
  • Can my babysitter drive my car?
  • Is pleasure use cheaper than using my 2011 Honda Element to commute?
  • Why am I required to buy high-risk coverage?
  • Does my medical payments coverage pay my health insurance deductible?
  • Can my teen drive my company car?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and can provide invaluable advice.

The coverage is in the details

Knowing the specifics of your policy can help you determine the right coverages for your vehicles. Insurance terms can be ambiguous and coverage can change by endorsement. Shown next are the normal coverages available from insurance companies.

Coverage for collisions

This pays to fix your vehicle from damage from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like hitting a mailbox, colliding with a tree, scraping a guard rail and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Liability coverage

This will cover damage that occurs to people or other property. It protects you against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability coverage protects against things like medical expenses, pain and suffering, bail bonds and legal defense fees. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible.

Insurance for medical payments

Med pay and PIP coverage pay for expenses for rehabilitation expenses, dental work, pain medications, funeral costs and ambulance fees. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is not universally available and may carry a deductible

Uninsured Motorist or Underinsured Motorist insurance

This provides protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants and damage to your 2011 Honda Element.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually these coverages do not exceed the liability coverage limits.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as hitting a deer, damage from getting keyed, hitting a bird and falling objects. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Make an honest buck

In this article, we covered a lot of tips how to lower your 2011 Honda Element insurance prices. The most important thing to understand is the more quotes you get, the higher your chance of finding cheap auto insurance. Drivers may discover the biggest savings come from a lesser-known regional company. These smaller insurers may cover specific market segments cheaper as compared to the big name companies such as Progressive and Geico.

As you go through the steps to switch your coverage, don’t be tempted to buy poor coverage just to save money. In many instances, an accident victim reduced physical damage coverage only to regret that a couple dollars of savings turned into a financial nightmare. Your goal should be to purchase plenty of coverage at the lowest possible cost while not skimping on critical coverages.

More detailed insurance information can be found at these sites:

Comments About 2011 Honda Element Insurance

  1. Ha Cabrera

    I got decent rates for a 2011 Honda Element in Cincinnati, OH. Ended up at right around $130 every six months with Amica.

  2. Brain Vance

    I’m in the south part of Augusta, GA. Quoted with State Farm, Esurance, and Liberty Mutual for my Honda and saved $514 a year.

  3. Earle Molina

    Located in Newark, DE. I compared lots of rates. Saved right around $30 a month. 21st Century was the most affordable for me. Hardly afford to drive anymore.

  4. Angele Reynolds

    Not sure if this is cheap. I’m in the suburbs of New Orleans, LA. Got car insurance quotes with Auto-Owners, Nationwide, and some smaller one I can’t remember the name of for my 2011 Honda Element and I think I cut my rates about $60 each month. Insured with Farmers before. BTW speeding tickets are not good. LOL

  5. Cedrick Levine

    I was with GMAC last year but switched to State Farm. I’m in the south part of Memphis, TN. Left Erie to switch. I get multi-vehicle and multi-policy discounts.

  6. Shalanda Taylor

    If you have a good history and live near Biloxi, MS, check out GEICO. I saved quite a bit. Thankfully I have a good driving record. Not sure about claim service.

  7. Akiko Odonnell

    Does Texas have minimum liability requirements?

  8. Mozella Lynch

    Here’s what I found out. Went with American Family for my 2011 Honda Element and am saving around $390 a year. Insured with Mercury before. Even increased coverage a bit.

  9. Katharine Mcgowan

    I got quite a few price quotes for a 2011 Honda Element in Saint Louis, Missouri. Ended up at about $240 every six months with Auto-Owners. Left AAA to switch. I have kids on my policy, too.

  10. Martina Briggs

    If you have a good history and live around Philadelphia, Pennsylvania, check out Allstate. They seem to be cheaper. Insured with Progressive before. Have an at-fault accident tho.

  11. Tamiko Mason

    I’m in the east part of Grand Forks, ND. I compared lots of rates. Saved darn near $50 a month. GEICO was the cheapest option for me. Just go online and compare their rates.

  12. Edward Andrews

    Corporate greed I’m telling you. I’m in the south part of Chicago, Illinois. Went online for free insurance quotes for a 2011 Honda Element. Ended up at about $100 savings annually. Went with GEICO.

  13. Douglass Finch

    Enjoyed the article. From northwest of Nashville, TN. Compared quite a few companies. Saved darn near $70 a month. GEICO was the best choice for me. Get lots of quotes to find the best rate.

  14. Heike Roberson

    I’m in Portland, ME. Got quotes from USAA, AAA, Hanover, and MetLife for my 2011 Honda Element and saved just over $220 a year. Left AIG Insurance to switch. I’m a pretty low risk driver.

  15. Myrna Daugherty

    Does Florida have minimum liability laws?