Cheaper 2011 Honda Odyssey Insurance Quotes

Locating better insurance prices for your Honda Odyssey could be difficult, but you can follow the following methods to make it easier.

There is a right way and a wrong way to find insurance coverage online so you’re going to learn the quickest way to get price quotes on a Honda and find the lowest possible price.

Use discounts on car insurance

Companies offering auto insurance don’t list all possible discounts in an easy-to-find place, so the below list has a few of the more common in addition to some of the lesser obvious savings tricks you should be using when you buy insurance coverage online.

• Driver Safety – Taking time to complete a course teaching driver safety skills could cut 5% off your bill if you qualify.
• Driving Data Discount – Drivers who elect to allow data collection to analyze where and when they drive by using a small device installed in their vehicle such as Snapshot from Progressive or Drivewise from Allstate may see discounts as long as the data is positive.
• Accident Free – Drivers who don’t have accidents are rewarded with significantly better rates on insurance coverage quote as compared to accident-prone drivers.
• Discounts for Federal Employees – Being employed by or retired from a federal job could qualify for a slight premium decrease for Odyssey insurance depending on your car insurance provider.
• Anti-lock Brakes – Anti-lock brake equipped vehicles are safer to drive and earn discounts up to 10%.
• Discounts for Seat Belt Usage – Forcing all vehicle occupants to buckle up before driving can save 10% or more off the personal injury premium cost.
• New Car Discount – Buying a new car model can save you some money since new model year vehicles have better safety ratings.
• Discount for Life Insurance – If the company offers life insurance, you could get a small discount if you purchase life insurance from them.
• Early Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you could save up to 5%.
• Military Deployment Discount – Being deployed in the military could mean lower rates.

As a sidenote, some of the credits will not apply to the overall cost of the policy. Some only reduce specific coverage prices like physical damage coverage or medical payments. Despite the appearance that you can get free auto insurance, companies don’t profit that way.

Popular car insurance companies and some of the premium reductions they offer are included below.

• State Farm has discounts for driver’s education, multiple policy, Drive Safe & Save, Steer Clear safe driver discount, good driver, multiple autos, and safe vehicle.
• Progressive may include discounts for homeowner, multi-policy, online signing, good student, and online quote discount.
• Progressive may offer discounts for multi-policy, homeowner, multi-vehicle, online quote discount, good student, and continuous coverage.
• MetLife includes discounts for accident-free, defensive driver, claim-free, good student, and good driver.
• Farm Bureau policyholders can earn discounts including multi-vehicle, youthful driver, driver training, good student, and multi-policy.
• Geico has savings for driver training, anti-theft, five-year accident-free, good student, and emergency military deployment.
• SAFECO may have discounts that include multi-car, drive less, homeowner, anti-theft, anti-lock brakes, accident prevention training, and safe driver.

When quoting, ask all companies you are considering how you can save money. A few discounts may not be offered in your area. If you would like to choose from a list of companies that have a full spectrum of discounts, follow this link.

Tailor your insurance coverage to you

When choosing proper insurance coverage, there is no best way to insure your cars. Everyone’s situation is unique.

Here are some questions about coverages that could help you determine if you might need professional guidance.

• Do I need roadside assistance coverage?
• At what point should I drop full coverage?
• Can I rate high risk drivers on liability-only vehicles?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• How can I get my company to pay me more for my totalled car?

If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form. It’s fast, free and can provide invaluable advice.

Insurance coverages and their meanings

Knowing the specifics of a insurance policy aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.

Collision – Collision insurance covers damage to your Odyssey resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as crashing into a building, driving through your garage door, colliding with a tree and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to bring the cost down.

Auto liability insurance – Liability coverage provides protection from injuries or damage you cause to other people or property that is your fault. This coverage protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Another option is a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against claims like repair bills for other people’s vehicles, structural damage, attorney fees, legal defense fees and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but consider buying as large an amount as possible.

Comprehensive (Other than Collision) – This covers damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like hail damage, damage from a tornado or hurricane, fire damage, vandalism and damage from getting keyed. 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.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills such as EMT expenses, chiropractic care, prosthetic devices, ambulance fees and dental work. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Protection from uninsured/underinsured drivers – 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 as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Usually these coverages do not exceed the liability coverage limits.

In conclusion

Insureds change insurance companies for any number of reasons including delays in paying claims, high prices, extreme rates for teen drivers or high rates after DUI convictions. No matter why you want to switch, finding a great new company is less work than it seems.

When trying to cut insurance costs, do not buy poor coverage just to save money. There are too many instances where an insured cut comprehensive coverage or liability limits only to find out that their decision to reduce coverage ended up costing them more. Your focus should be to find the BEST coverage at the best possible price, but do not sacrifice coverage to save money.

We just covered many ways to shop for 2011 Honda Odyssey insurance online. It’s most important to understand that the more providers you compare, the better your chances of lowering your premium rates. Drivers may discover the lowest car insurance rates are with a small local company.

Even more information is located by following these links:

• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Insitute)
• What is Gap Insurance? (Insurance Information Insitute)
• Rollover Crash FAQ (iihs.org)
• Auto Insurance Facts and Statistics (Insurance Information Insitute)
• Help Your Teen Be a Better Driver (State Farm)
• Auto Insurance for Teen Drivers (Insurance Information Insitute)