1993 Honda Prelude Insurance Quotes – 7 Tips for Best Rates

Want lower auto insurance rates for your Honda Prelude? Are you a victim of an overpriced auto insurance policy? You’re preaching to the choir because there are a lot of people just like you who feel imprisoned by their auto insurance policy.

Multiple auto insurance companies compete to insure your vehicles, so it can be very hard to choose a company and uncover the absolute best rates possible.

If you currently have a car insurance policy, you will most likely be able to lower your premiums substantially using these tips. Buying car insurance is quite easy. But vehicle owners do need to learn the way companies price insurance differently and use this information to your advantage.

Compare auto insurance quotes online

To find affordable insurance quotes, there are several ways of comparing rates from many auto insurance companies in your state. The simplest method to find competitive 1993 Honda Prelude insurance rates is to jump online and get quotes. This can be accomplished in a couple minutes as outlined below.

  1. Hands down the most simple method to find the lowest comparison rates would be an industry-wide quote request form click here to open form in new window. This method saves time by eliminating separate quotation requests to each individual auto insurance company. One simple form compares rates direct from many companies.
  2. A harder way to find lower rates requires you to visit the website for each individual company to complete their respective quote request forms. For examples sake, let’s assume you want to compare rates from Geico, State Farm and Farmers. To find out each rate you need to go to each individual site and repeatedly type in your coverage information, which explains why we recommend starting with the first method. To view a list of companies in your area, click here.
  3. The most difficult method to compare price estimates is to spend time driving to local insurance agencies. Quoting online eliminates this option unless you want the personal advice that you can only get from talking to an agent. Drivers can price shop your coverage online and have a local agent actually service the policy.

Whichever way you use, make absolute certain that you use equivalent coverage limits and deductibles for each comparison quote. If the quotes have different data then you won’t be able to make a fair rate comparison. Quoting even small variations in limits can make a big difference in price. And when comparison shopping, making a lot of price comparisons will improve the odds of getting a better price. Some regional insurers cannot provide price estimates online, so it’s recommended that you also compare prices on coverage from those companies, too.

Drivers save money with with these seven discounts

Companies that sell car insurance don’t necessarily list the entire discount list very well, so we researched some of the more common and the more hidden discounts that may be available.

  • Seat Belt Usage – Drivers who always wear seat belts and also require passengers to buckle up may be able to save a few bucks on the medical payments or PIP coverage costs.
  • Drive Less and Save – Driving less could qualify for discounted prices on garaged vehicles.
  • No Claim Discounts – Claim-free drivers get the best insurance coverage rates when compared with drivers who are more careless.
  • Savings for New Vehicles – Insuring a new car can save you some money because newer models keep occupants safer.
  • No Charge for an Accident – Not a discount per se, but some insurance companies will turn a blind eye to one accident without getting socked with a rate hike with the catch being you have to be claim-free before the accident.
  • Active Service Discounts – Having a deployed family member can result in better insurance coverage rates.
  • Memberships – Having an affiliation with a qualifying organization could trigger savings on your policy.

You should keep in mind that most discounts do not apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as physical damage coverage or medical payments. So even though you would think you could get a free insurance coverage policy, company stockholders wouldn’t be very happy.

A few of the larger companies and their offered discounts can be found below.

  • Geico offers premium reductions for federal employee, membership and employees, air bags, five-year accident-free, driver training, seat belt use, and defensive driver.
  • Mercury Insurance has discounts for low natural disaster claims, accident-free, multi-car, age of vehicle, anti-theft, professional/association, and good driver.
  • Farmers Insurance includes discounts for bundle discounts, alternative fuel, business and professional, mature driver, homeowner, and distant student.
  • Auto-Owners Insurance policyholders can earn discounts including paperless, paid in full, safe vehicle, air bags, safe driver, and company car.
  • Liberty Mutual may include discounts for newly married, new vehicle discount, good student, new graduate, and exclusive group savings.
  • SAFECO may have discounts that include safe driver, multi-car, homeowner, anti-lock brakes, bundle discounts, teen safety rewards, and accident prevention training.
  • Progressive may offer discounts for multi-policy, multi-vehicle, continuous coverage, online signing, and homeowner.
  • USAA offers discounts for multi-policy, loyalty savings, safe driver, annual mileage, new vehicle, and family discount.

Before you buy a policy, ask each insurance company what discounts are available to you. All car insurance discounts might not be offered in your area.

Your situation helps dictate your coverage

When choosing coverage, there is no cookie cutter policy. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For instance, these questions may help you determine if your situation may require specific advice.

  • Where can I find high-risk insurance?
  • If I drive on a suspended license am I covered?
  • Do I need more liability coverage?
  • How much liability do I need to cover my assets?
  • What should my uninsured motorist coverage limits be in my state?
  • Does my insurance cover my expensive audio equipment?
  • Should I bundle my homeowners policy with my auto?
  • Should I sign the liability waiver when renting a car?
  • Is my teenager covered with friends in the car?

If you can’t answer these questions, you might consider talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Coverages available on your policy

Learning about specific coverages of your policy can help you determine the best coverages and the correct deductibles and limits. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording. These are the usual coverages available from car insurance companies.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally these limits are set the same as your liablity limits.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for bills for things like X-ray expenses, chiropractic care, pain medications, nursing services and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Liability insurance

This coverage can cover damages or injuries you inflict on other’s property or people by causing an accident. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Another option is one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers things like attorney fees, repair bills for other people’s vehicles, loss of income, repair costs for stationary objects and emergency aid. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

Collision coverage

Collision coverage will pay to fix damage to your Prelude resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like hitting a parking meter, rolling your car and damaging your car on a curb. This coverage can be expensive, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like theft, vandalism, rock chips in glass and damage from flooding. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Spend less. Save more.

We just covered a lot of techniques to save on 1993 Honda Prelude insurance. It’s most important to understand that the more providers you compare, the higher your chance of finding low cost insurance. Consumers could even find that the lowest priced auto insurance comes from an unexpected company. These smaller insurers can often provide lower car insurance rates in certain areas as compared to the big name companies such as Allstate and Progressive.

As you go through the steps to switch your coverage, it’s a bad idea to buy less coverage just to save a little money. There have been many cases where an insured dropped comprehensive coverage or liability limits and learned later that it was a big mistake. Your goal is to purchase plenty of coverage for the lowest cost but still have enough coverage for asset protection.

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