2017 Honda Odyssey Car Insurance Rates

Want lower auto insurance rates for your Honda Odyssey? Trying to find low-cost insurance for your Honda Odyssey can turn out to be a painful process, but you can follow a few tricks to save time. There is a right way and a wrong way to find auto insurance online and you need to know the proper way to compare rates for a new or used Honda and find the best price possible.

You need to price shop coverage occasionally because insurance rates are adjusted regularly by insurance companies. Just because you had the lowest premium rates for Odyssey insurance a couple years back you will most likely find a better price today. Forget anything you know (or think you know) about auto insurance because I’m going to teach you the fastest way to lower your annual insurance bill.

Buying car insurance is not rocket science. If you have insurance now or are shopping for new coverage, you can use these techniques to shop for the lowest rates and possibly find even better coverage. Drivers just need to learn the tricks to compare rates on the web.

The easiest way to compare rates utilizes the fact almost all companies allow for online access to give free rates quotes. The only thing you need to do is provide a small amount of information like if a SR-22 is required, whether your vehicle is owned or leased, whether you drive to work or school, and if you have an active license. Your details is then sent to multiple top-rated companies and they return quotes almost instantly.

Discounts can really help save money

Auto insurance companies don’t always publicize every possible discount very clearly, so we took the time to find a few of the more well known in addition to some of the lesser obvious credits available to bring down your rates.

• Government Employees – Having worked for a branch of the government could qualify for a slight premium decrease for Odyssey insurance depending on your insurance coverage provider.
• More Vehicles More Savings – Insuring several vehicles on the same insurance coverage policy can get a discount for every vehicle.
• Pay Upfront and Save – If you pay your bill all at once rather than paying in monthly installments you could save up to 5%.
• Membership in Organizations – Being a member of qualifying clubs or civic groups could qualify you for a break on your bill.
• Seat Belts Save – Drivers who require all occupants to use their safety belts can save up to 10 percent (depending on the company) off the PIP or medical payment premium.

Drivers should understand that most of the big mark downs will not be given to the entire policy premium. Some only apply to individual premiums such as collision or personal injury protection. Even though the math looks like having all the discounts means you get insurance for free, it just doesn’t work that way. Any qualifying discounts should help lower your policy premiums.

Auto insurance companies that may offer quotes with some of the discounts shown above are:

• Esurance
• The Hartford
• AAA
• Geico
• State Farm

If you need lower rates, check with all companies you are considering which discounts you qualify for. Some discounts listed above might not be available to policyholders in your area. To see a list of providers with discount rates, click here to view.

Will just any policy work for me?

When choosing the best insurance coverage coverage for your vehicles, there isn’t really a “perfect” insurance plan. Each situation is unique.

These are some specific questions may help highlight whether your personal situation might need professional guidance.

• Do I have coverage when pulling a U-Haul trailer?
• What can I do if my company denied a claim?
• Can I still get insurance after a DUI?
• Exactly who is provided coverage by my policy?
• Why does it cost so much to insure a teen driver?
• How much liability coverage do I need in my state?
• Does coverage extend to my business vehicle?
• Am I covered when using my vehicle for business?
• Is borrowed equipment or tools covered if stolen or damaged?
• Do all my vehicles need collision coverage?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.

Why informed drivers pay less for Honda Odyssey insurance

Lots of factors are used in the calculation when you quote your car insurance policy. Some factors are common sense like a motor vehicle report, but others are more transparent such as whether you are married or your commute time.

• Bundle home and auto and save – Most larger insurance companies will give discounts to insureds who consolidate policies with them, otherwise known as a multi-policy discount. Discounts can amount to ten or even fifteen percent. Even though this discount sounds good, drivers will still want to compare other insurance prices to guarantee you are still saving the most. It’s possible to still save even more than the discount by splitting coverages up.
• Do safer cars cost less to insure? – Cars with high safety ratings tend to be cheaper to insure. Vehicles built for safety reduce the chance of injuries and lower rates of occupant injuries translates into fewer and smaller insurance claims and more competitive rates for policyholders. If your Honda Odyssey has at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
• City traffic equals higher rates – Choosing to live in less populated areas can be a good thing if you are looking for the lowest rates. Less people living in that area translates into fewer accident claims as well as less vandalism and auto theft. People in densly populated areas regularly have much more traffic and longer commute times. Higher commute times translates into higher accident risk.
• Older drivers save more – More mature drivers are more responsible, file fewer claims and get fewer tickets.Teenage drivers tend to be inattentive and easily distracted in a vehicle so they pay higher insurance rates.
• Rates increase with driving citations – Just one moving violation can boost insurance rates by as much as thirty percent. Careful drivers pay lower auto insurance prices as compared to those with violations. People who have flagrant citations such as DUI, reckless driving or excessive speeding may need to complete a SR-22 with their state DMV in order to legally drive.
• Do you save by driving less? – The more miles you rack up on your Honda every year the higher your rate. A lot of insurance companies calculate prices based upon how much you drive. Cars left parked in the garage receive better premium rates than those that get driven frequently. It’s always a good idea to double check that your insurance coverage correctly shows how each vehicle is driven, because it can save money. Improper usage on your Odyssey can result in significantly higher rates.
• Physical damage deductibles – Deductibles for physical damage are the amount of money you are required to pay before your insurance pays a claim. Physical damage insurance, termed comprehensive and collision coverage on your policy, insures against damage to your car. Examples of some claims that would be covered are colliding with a stationary object, damage from fire, and having a roll-over accident. The more damage repair cost you’re willing to pay, the lower your rates will be for Odyssey insurance.

Insurance coverages 101

Having a good grasp of a insurance policy can help you determine the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Comprehensive or Other Than Collision

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like a tree branch falling on your vehicle, a broken windshield, theft and fire damage. The highest amount a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage

Collision insurance pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things such as hitting a parking meter, hitting a mailbox, backing into a parked car and colliding with another moving vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for X-ray expenses, nursing services and prosthetic devices. They are used to fill the gap from your health insurance program or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers being hit by a car walking across the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Liability coverage

Liability insurance can cover damage or injury you incur to people or other property that is your fault. This insurance protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 that translate to a limit of $25,000 per injured person, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability can pay for things like legal defense fees, pain and suffering, funeral expenses and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

UM/UIM Coverage

This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Honda Odyssey.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

A fool and his money are soon parted

Insureds change insurance companies for a variety of reasons including an unsatisfactory settlement offer, poor customer service, high prices and denial of a claim. No matter why you want to switch, finding a new company is pretty simple and you could end up saving a buck or two.

More affordable insurance is available on the web in addition to local insurance agencies, and you need to price shop both in order to have the best chance of saving money. Some insurance companies may not have online quoting and many times these small insurance companies provide coverage only through local independent agencies.

When trying to cut insurance costs, it’s a bad idea to skimp on critical coverages to save a buck or two. Too many times, drivers have reduced full coverage and discovered at claim time that the savings was not a smart move. The ultimate goal is to get the best coverage possible for the lowest cost, but do not skimp to save money.

To learn more, link through to the following helpful articles:

• Cellphones, Texting and Driving (iihs.org)
• Vehicle Size and Weight FAQ (iihs.org)
• Distracted Driving Extends Beyond Texting (State Farm)
• Coverage Information (Progressive Insurance)