Cheaper 2012 Honda Odyssey Car Insurance Quotes

No sane person looks forward to paying for auto insurance, especially when they are paying too much.

Many auto insurance companies vie to insure your vehicles, and because of this it can be hard to compare car insurance companies to get the best rates possible.

Consumers should take time to compare prices occasionally because auto insurance prices change quite often. Even if you got the best price for Odyssey coverage at your last renewal you can probably find a lower rate today. Forget all the misinformation about auto insurance because you’re about to learn one of the best ways to reduce your cost while increasing coverage.

If you are paying for car insurance now, you stand a good chance to be able to save some money using these techniques. Finding the best rates is not that difficult. Nevertheless, drivers need to have an understanding of how big insurance companies determine prices because it can help you find the best coverage.

Discounts for affordable car insurance quotes

Companies that sell car insurance don’t list the complete list of policy discounts in an easy-to-find place, so here is a list both well-publicized and the harder-to-find credits available to bring down your rates. If you’re not getting every credit possible, you’re paying more than you need to.

  • Homeowners Discount – Owning your own home or condo can save you money due to the fact that maintaining a home is proof that your finances are in order.
  • Theft Prevention Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems are stolen less frequently and will save you 10% or more.
  • Senior Citizens – Mature drivers may be able to get a slight reduction on a insurance coverage quote for Odyssey coverage.
  • Policy Bundle Discount – If you insure your home and vehicles and place coverage with the same company you could get a discount of up to 20% and get you cheap insurance coverage.
  • Sign Online – A few larger online companies will discount your bill up to fifty bucks for signing up on the web.
  • ABS Braking Discount – Anti-lock brake equipped vehicles can stop better under adverse conditions so companies give up to a 10% discount.
  • Federal Government Employee – Employees or retirees of the government could qualify for a slight premium decrease for Odyssey coverage depending on your company.
  • No Claims – Insureds with no claims or accidents can earn big discounts compared to insureds who have frequent claims or accidents.
  • Waiver for an Accident – Not really a discount, but certain companies will turn a blind eye to one accident before your rates go up if your claims history is clear for a specific time period.

While discounts sound great, it’s important to understand that most of the big mark downs will not be given to all coverage premiums. Most only reduce individual premiums such as physical damage coverage or medical payments. So when it seems like all those discounts means the company will pay you, that’s just not realistic. But all discounts will reduce the cost of your policy.

A few of the larger companies and their possible discounts are:

  • State Farm offers premium reductions for driver’s education, anti-theft, good driver, multiple autos, and good student.
  • Nationwide has discounts for accident-free, business or organization, easy pay, good student, defensive driving, anti-theft, and family plan.
  • Geico policyholders can earn discounts including anti-theft, multi-policy, anti-lock brakes, emergency military deployment, air bags, federal employee, and defensive driver.
  • AAA offers discounts for multi-policy, anti-theft, education and occupation, good student, and pay-in-full.
  • 21st Century may offer discounts for theft prevention, teen driver, 55 and older, automatic seat belts, and defensive driver.
  • The Hartford may have discounts that include bundle, driver training, air bag, defensive driver, vehicle fuel type, and good student.

When getting a coverage quote, ask each company or agent the best way to save money. A few discounts may not apply to policyholders in your area. For a list of insurance companies that offer multiple discounts, click here to view.

You may need specialized insurance coverage

When buying coverage, there really is no one size fits all plan. Everyone’s needs are different and a cookie cutter policy won’t apply. For instance, these questions may help highlight whether your personal situation might need an agent’s assistance.

  • Is my trailer covered?
  • What is an SR-22 filing?
  • What is the ISO rating for a 2012 Honda Odyssey?
  • Am I covered if I drive in a foreign country?
  • Who is covered when they drive my 2012 Honda Odyssey?
  • Is my teen driver covered when they drive my company car?
  • Exactly who is provided coverage by my policy?
  • Are my tools covered if they get stolen from my vehicle?
  • Are rental cars covered under my policy?
  • Am I missing any policy discounts?

If you can’t answer these questions but a few of them apply then you might want to talk to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier

But they said I’d save $476 a year!

Respected companies like Progressive, Geico, Allstate and State Farm endlessly run ads in print and on television. They all seem to have a common claim that you can save if you change your policy. How does each company claim to save you money?

All companies require specific criteria for the right customer that earns them the most money. For instance, a profitable risk profile should be over age 30, is a homeowner, and drives newer vehicles. Any person that meets those criteria will get very good rates and most likely will save when they switch companies.

Potential customers who may not quite match those standards will be charged a higher rate which leads to the customer not buying. Company advertisements say “drivers who switch” not “everybody who quotes” save that much money. That is how companies can make the claims of big savings.

Each company has different criteria, so you need to compare rate quotes every year. Because you never know the company that will fit your personal profile best.

Coverage specifics

Having a good grasp of your policy helps when choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on the average auto insurance policy.

Comprehensive auto coverage – This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as damage from flooding, hitting a bird, a broken windshield, fire damage and damage from getting keyed. The most you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability coverages – This can cover damages or injuries you inflict on other’s property or people by causing an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims like structural damage, loss of income and legal defense fees. How much liability coverage do you need? That is a personal decision, but consider buying as large an amount as possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage provides protection from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Normally these coverages do not exceed the liability coverage limits.

Collision coverages – Collision coverage will pay to fix damage to your Odyssey resulting from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things such as rolling your car, sideswiping another vehicle, driving through your garage door and crashing into a ditch. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance kick in for bills like rehabilitation expenses, surgery and dental work. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover all vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

More quotes. Lower rates.

We just presented a lot of ways to get a better price on 2012 Honda Odyssey insurance. The most important thing to understand is the more times you quote, the higher the chance of saving money. You may even find the lowest premium rates are with a company that doesn’t do a lot of advertising. These smaller insurers can often provide lower prices in certain areas than their larger competitors like State Farm and Allstate.

As you prepare to switch companies, it’s not a good idea to sacrifice coverage to reduce premiums. Too many times, an accident victim reduced collision coverage and learned later that saving that couple of dollars actually costed them tens of thousands. Your focus should be to purchase plenty of coverage at an affordable rate and still be able to protect your assets.

Much more information about auto insurance is available below:

Comments About 2012 Honda Odyssey Insurance

  1. Natividad Parrish

    I’m in Tulsa, Oklahoma. Quoted rates from Amica, Farmers, and Mercury for my Honda and I think I cut my rates about $40 each month.

  2. Joe Cardenas

    Cheaper car insurance is a myth. I live on the west side of Virginia Beach, VA. I got free prices from State Farm, AIG Insurance, and some I forget for my Odyssey and saved about $380 a year. I have kids on my policy, too. Just go online and compare their rates.

  3. Denis Burt

    Checking in from Anchorage, AK. Can’t remember who all I quoted but I ended up saving about $30 each month. It’s still not cheap enough.

  4. Delila Sloan

    Does Progressive have good customer service?

  5. Yuki Hood

    Does State Farm insure at replacement cost?

  6. Charis Franklin

    Nice info. I live on the east side of Raleigh, NC. Compared rates from a lot of places. Saved roughly $50 a month. 21st Century was the cheapest option for me. I have kids on my policy, too.

  7. Melisa Bruce

    Lots of good stuff here. I live east of New Orleans, LA. Quoted quotes with Auto-Owners, Nationwide, and a few others for my Odyssey and I think I saved about $30 each month. Was with Nationwide. It was easy to get rates.

  8. Ami Blanchard

    If you have a good history and live around Rutland, VT, check out Progressive. I saved quite a bit. They have a lot of discounts available. Wish I didn’t have to insure at all.

  9. Nancie Travis

    IT’S ALL TOO EXPENSIVE! I’m in the suburbs of Boston, MA. Can’t remember who all I quoted but I ended up saving about $50 each month. They have a lot of discounts available. Did it all online.

  10. Breanne Webster

    Liked the article. From northwest of Worcester, MA. I got free rates from State Farm, Auto-Owners, and some I forget for my Honda and saved $490 a year. Online quotes are the way to go.

  11. Raleigh Sellers

    Lots of good stuff here. I’m in the south part of Great Falls, MT. Quoted with State Farm, AAA, and Encompass for my Odyssey and I think I saved around $30 each month.

  12. Andrea Osborne

    Compared auto insurance prices with State Farm and Progressive but still not cheap enough.

  13. Cherryl Meyers

    I live in a small town just outside of Cincinnati, Ohio. I quoted with American Family, Sentry, and a few others for my Honda and am saving around $440 a year. Thankfully I’m not a high risk driver. Are quotes cheaper online?

  14. Pedro Robles

    I think 21st Century has low rates in Colorado. For me anyway.

  15. Shera Rodriquez

    Proud to be from Houston, Texas. Can’t remember who all I quoted but I ended up saving about $40 each month. Insured with Erie before. Teenage drivers are expensive!