Cheap 2012 Honda Fit Car Insurance Quotes

Having to pay for expensive Honda Fit insurance can eat up your funds and force you to make tough financial choices. Shopping your coverage around can be a smart way to slash your bill and have more diposable income.

Online insurance companies like State Farm, Allstate, Geico and Progressive persitently shower you with ad campaigns and it is challenging if not impossible to see past the corporate glitz and find the best price available.

Consumers need to check insurance coverage prices yearly because insurance coverage rates are usually higher with each renewal. Even if you got the best deal on Fit coverage six months ago you can probably find a better price now. Forget anything you know (or think you know) about insurance coverage because you’re about to learn the fastest way to lower your annual insurance bill.

If you are insured now or are just looking to switch companies, you can use these techniques to find the best rates while maximizing coverage. Choosing the best insurance company for you is quite easy. Drivers just need to understand the most efficient way to shop their coverage around online.

How to buy car insurance

Most of the larger companies such as State Farm and Allstate allow consumers to get prices on the web. Comparing rates online is quite simple as you simply enter your personal and coverage information into the quote form. Behind the scenes, the company’s rating system pulls reports for credit and driving violations and generates pricing information. Online quotes helps simplify price comparisons, but the work required to visit several different sites and type in your information is a big time waster. But it is imperative to do this if you want to find the best price possible.

A quicker way to locate the lowest prices makes use of a single form to return rates from several different companies. It’s a real time-saver, eliminates form submissions, and makes online shopping much more enjoyable and efficient. Immediately after you send the form, your coverage is rated and you can select any of the quote results.

If the quotes result in lower rates, you can simply submit the application and buy the new coverage. The whole process takes just a few minutes to complete and you will know how your current rates stack up.

To compare rates using this form now, click here to open in new window and submit your coverage information. If you currently have coverage, we recommend you copy the coverage information exactly as they are listed on your policy. This way, you’re receiving a fair comparison using the exact same coverages.

Pay discount rates these discounts

Some insurance providers don’t necessarily list all available discounts very clearly, so the following is a list of a few of the more common as well as some of the hidden credits that you can use to lower your rates.

• Air Bags and Passive Restraints – Factory air bags or motorized seat belts may get savings of 20 to 30 percent.
• Memberships – Being in specific professional or occupational memberships or organizations is a simple method to lower premiums on your bill.
• Anti-lock Brake System – Anti-lock brake equipped vehicles are much safer to drive so companies give up to a 10% discount.
• Full Payment Discount – By paying your policy upfront instead of monthly or quarterly installments you may have a lower total premium amount.
• Accident-Free Discounts – Drivers who stay claim-free get the best insurance coverage rates in comparison with bad drivers.
• No Charge for an Accident – but companies like Progressive, State Farm and Geico will let one accident slide before they charge you more for coverage as long as you don’t have any claims for a certain period of time.
• Discount for Multiple Policies – If you can combine your home and auto policy with one insurance company they may give you a discount of approximately 10% to 15%.

Policy discounts save money, but most of the big mark downs will not be given to your bottom line cost. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like adding up those discounts means a free policy, companies wouldn’t make money that way.

Large insurance coverage companies and their offered discounts are detailed below.

• State Farm may include discounts for Steer Clear safe driver discount, good student, driver’s education, passive restraint, Drive Safe & Save, multiple autos, and multiple policy.
• Farmers Insurance offers discounts including early shopping, multi-car, bundle discounts, pay in full, good student, and mature driver.
• Progressive has discounts for continuous coverage, good student, multi-policy, multi-vehicle, and online signing.
• Geico has savings for defensive driver, military active duty, air bags, multi-vehicle, multi-policy, and five-year accident-free.
• Auto-Owners Insurance may have discounts that include anti-lock brakes, safe vehicle, paperless, company car, group or association, air bags, and teen driver.
• The Hartford discounts include vehicle fuel type, anti-theft, driver training, air bag, bundle, and defensive driver.
• Farm Bureau offers premium reductions for driver training, youthful driver, renewal discount, multi-vehicle, and safe driver.
• USAA may offer discounts for defensive driver, annual mileage, driver training, vehicle storage, safe driver, and military installation.

When quoting, ask every company which discounts you qualify for. Some discounts listed above may not apply to policies in your area. To see a list of providers with the best discounts, click this link.

How car insurance companies determine Honda Fit insurance costs

Many things are considered when you get your auto insurance bill. Some factors are common sense such as traffic violations, but other factors are less apparent like your vehicle usage or how financially stable you are.An important part of buying insurance is that you know some of the elements that are used to determine your premiums. When you know what positively or negatively impacts premium levels, this allows you to make educated decisions that can earn you cheaper rates.

The items below are a partial list of the pieces auto insurance companies consider when setting your rates.

• File claims and pay more – Auto insurance companies give better rates to drivers who are not frequent claim filers. If you frequently file small claims, you can definitely plan on higher premiums or even policy non-renewal. Your car insurance is intended for the bigger claims that can’t be paid out-of-pocket.
• City traffic equals higher prices – Choosing to live in a small town can save you money when buying auto insurance. Fewer drivers and short commutes translates into fewer accidents. People in densly populated areas regularly have much more traffic and longer commutes to work. More time behind the wheel translates into higher accident risk.
• Incidental coverages you don’t need – There are quite a few additional extra coverages that you can get tricked into buying when buying auto insurance. Insurance for things like rental car coverage, high-cost glass coverage, and Farm Bureau memberships are some examples. These may sound like a good investment initially, but now you might not need them so eliminate them to save money.
• High credit rating translates to low rates – Your credit rating can be an important factor in determining what you pay for auto insurance. Consumers who have excellent credit scores tend to be more responsible and file fewer claims than those with lower credit ratings. If your credit history is not that good, you may save money insuring your 2012 Honda Fit by improving your rating.
• Better premiums on safer vehicles – Vehicles with good safety scores get lower rates. Highly rated vehicles result in less severe injuries and any reduction in injury severity means your insurance company pays less passed on to you as lower rates.
• Get a ticket, pay higher costs – Your driving citation history influences premium rates substantially. Even one speeding ticket or other violation could increase your next policy renewal by twenty percent. Attentive drivers tend to pay less for car insurance compared to drivers with tickets. Drivers unfortunate enough to have multiple tickets such as reckless driving or DUI may need to prove financial responsibility with their state motor vehicle department in order to prevent a license revocation.
• Youthful drivers pay more – Older drivers have been proven to be more responsible, are lower risk to insure and tend to be get fewer driving tickets.Young drivers tend to be inattentive and easily distracted behind the wheel therefore auto insurance rates are much higher.
• Lower premiums with GPS tracking and theft deterrents – Buying a car with a theft deterrent system can save you a little every year. Anti-theft features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder auto theft and help lower rates.

Special considerations

When it comes to buying the right insurance coverage, there is no perfect coverage plan. Everyone’s situation is a little different so this has to be addressed. For instance, these questions can help discover whether or not you might need professional guidance.

• Do I need higher collision deductibles?
• Do I need PIP coverage since I have good health insurance?
• Are split liability limits better than a combined single limit?
• Does my medical payments coverage pay my health insurance deductible?
• Does my personal policy cover me when driving out-of-state?
• Do I have coverage when pulling a U-Haul trailer?
• Am I covered when renting a car or should I buy coverage from the car rental agency?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.

Truth in car insurance advertising

Consumers can’t ignore all the ads that promise big savings for switching from companies such as State Farm and Allstate. All the companies advertise claims about savings if you move your policy.

That’s great but how can every company offer drivers better rates? This is the trick they use.

All the different companies offer their best rates for the type of insured that earns them a profit. One example of a driver they prefer could be between the ages of 40 and 55, has other policies, and drives a car with an anti-theft system. Any customer who fits that profile will get a cheap rate quote and will most likely cut their rates if they switch.

Potential customers who don’t qualify for these criteria may receive higher rates and ends up with the customer buying from someone else. Company advertisements say “people that switch” but not “all drivers who get quotes” save that much. This is how insurance companies can lure you into getting a quote.

That is why it’s extremely important to compare free insurance coverage quotes often. It’s just too difficult to predict which car insurance company will provide the lowest prices.

Car insurance coverage options for a 2012 Honda Fit

Learning about specific coverages of a car insurance policy helps when choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Below you’ll find typical coverages offered by car insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as damage to your Honda Fit.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Usually these coverages are identical to your policy’s liability coverage.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like surgery, prosthetic devices, chiropractic care, funeral costs and nursing services. They are used to fill the gap from your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Collision protection

This pays for damage to your Fit caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things such as colliding with a tree, hitting a mailbox and crashing into a ditch. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive auto coverage

Comprehensive insurance pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as rock chips in glass, theft and hitting a deer. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Liability

This coverage will cover damage or injury you incur to other’s property or people by causing an accident. It protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Another option is a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability coverage protects against things such as loss of income, medical expenses, funeral expenses, pain and suffering and attorney fees. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

More effort can pay off

We covered quite a bit of information on how to get a better price on 2012 Honda Fit insurance. It’s most important to understand that the more price quotes you have, the better chance you’ll have of finding cheaper insurance coverage. Drivers may discover the biggest savings come from the least-expected company. They may cover specific market segments cheaper as compared to the big name companies such as Allstate or State Farm.

Budget-friendly car insurance can be sourced online as well as from independent agents, and you need to comparison shop both to have the best rate selection. Some companies may not have the ability to get a quote online and most of the time these small, regional companies work with independent agencies.

When trying to cut insurance costs, you should never buy less coverage just to save a little money. There are many occasions where an insured dropped liability coverage limits and found out when filing a claim they didn’t purchase enough coverage. Your goal is to buy a smart amount of coverage at a price you can afford, not the least amount of coverage.

More tips and info about car insurance can be read by following these links:

• Event Data Recorders FAQ (iihs.org)
• Auto Insurance Learning Center (State Farm)
• Steps to Take After an Auto Accident (Insurance Information Insitute)
• What is Covered by GAP Insurance? (Allstate)
• Rental Car Insurance Tips (Insurance Information Insitute)