Save on 1994 Honda Prelude Insurance Quotes

Looking for better insurance coverage rates for your Honda Prelude? Expensive insurance coverage can bleed your personal savings and make it impossible to make ends meet. Comparison shopping can be a smart way to tighten up your finances.

Popular companies such as State Farm, Geico and Farmers Insurance constantly blast consumers with TV and radio ads and it can be hard to see through the cute green geckos and mayhem and find the best price available.

It’s smart to compare prices every six months because prices trend upward over time. If you had the lowest price for Prelude coverage at your last renewal there may be better deals available now. Ignore everything you know about insurance coverage because you’re about to learn one of the quickest ways to eliminate unnecessary coverages and save money.

Don’t miss with these discounts

Insurance can be prohibitively expensive, but you might find some hidden discounts to help offset the cost. A few discounts will be applied when you complete an application, but some may not be applied and must be requested specifically before you get the savings.

  • Theft Deterent – Cars and trucks equipped with anti-theft or alarm systems have a lower chance of being stolen and can earn a small discount on your policy.
  • Low Mileage Discounts – Driving fewer miles could be rewarded with slightly better car insurancerates than normal.
  • 55 and Retired – If you’re over the age of 55, you could receive a small discount on rates for Prelude coverage.
  • No Charge for an Accident – This one isn’t a discount, but some insurance companies may permit one accident without raising rates as long as you don’t have any claims before the accident.
  • Sign Early and Save – Some insurance companies give discounts for signing up before your current policy expires. It can save you around 10%.
  • Own a Home and Save – Owning a house may earn you a small savings because it is proof of financial responsibility.

As a sidenote, most credits do not apply to the entire cost. Most cut specific coverage prices like comp or med pay. If you do the math and it seems like all those discounts means the company will pay you, you aren’t that lucky.

Companies and a selection of discounts include:

  • Progressive has savings for multi-vehicle, multi-policy, continuous coverage, good student, and online signing.
  • Farmers Insurance has discounts for bundle discounts, multi-car, business and professional, electronic funds transfer, and homeowner.
  • Farm Bureau may include discounts for 55 and retired, renewal discount, driver training, safe driver, and good student.
  • State Farm policyholders can earn discounts including passive restraint, student away at school, good driver, driver’s education, Steer Clear safe driver discount, accident-free, and defensive driving training.
  • Geico offers discounts for military active duty, good student, multi-policy, daytime running lights, and five-year accident-free.
  • SAFECO offers premium reductions for anti-lock brakes, safe driver, drive less, homeowner, and multi-car.
  • Liberty Mutual includes discounts for teen driver discount, multi-policy, preferred payment discount, new move discount, and newly married.

If you need inexpensive insurance quotes, ask each company how many discounts you can get. Some discounts may not be available in your area. If you would like to see a list of insurance companies who offer discounts, click here to view.

Smart choices result in lower insurance prices

Lots of factors are taken into consideration when you quote your car insurance policy. A few of the factors are predictable such as traffic violations, but other factors are more transparent such as whether you are married or your commute time.

  • Increase physical damage deductibles and save – Insurance for physical damage, termed comprehensive and collision coverage on your policy, is used to repair damage to your vehicle. Some examples of claims that would be covered could be colliding with a building, hitting a deer, and damage from a fallen tree branch. The deductibles you choose are the amount of money you are required to spend out-of-pocket if a covered claim is submitted. The higher the amount you choose to pay out-of-pocket, the less your insurance coverage will be for Prelude coverage.
  • Don’t abuse insurance claims – If you are a frequent claim filer, you shouldn’t be surprised to get either higher rates or even cancellation. Insurance companies award the best rates to drivers who do not file claims often. Insurance coverage is meant to be used in the event of claims that you cannot pay yourself.
  • Infrequent drivers can save – The more you drive in a year’s time the higher your rates will be. Many insurance companies charge rates based upon how much you drive. Cars and trucks that sit idle most of the time can get a lower rate compared to those used for work or business. An improperly rated Prelude can cost quite a bit. Double check that your insurance coverage policy states the right rating data, because improper ratings can cost you money.
  • Small coverages can add up – Insurance policies have a lot of extra add-on coverages that can add up on your Prelude policy. Coverage for things like replacement cost coverage, better glass coverage, and additional equipment coverage are examples of these. The coverages may be enticing when deciding what coverages you need, but now you might not need them so eliminate them to save money.
  • Good drivers pay less – Your driving citation history impacts premiums far more than you think. Attentive drivers receive lower rates as compared to those with violations. Even a single driving citation can boost insurance rates by twenty percent. Drivers who have dangerous violations such as DUI or reckless driving may face state-mandated requirements to maintain a SR-22 with the DMV in their state in order to legally drive.
  • Drivers with responsible credit save – An insured’s credit rating is a big factor in determining premium rates. People with high credit ratings tend to be better risks to insure than those with lower credit ratings. If your credit score is low, you may save money insuring your 1994 Honda Prelude by improving your rating.
  • Your age impacts your premiums – Teenage drivers tend to be easily distracted behind the wheel so insurance coverage rates are higher. If you’ve ever had to add a teen driver onto your insurance coverage can be very expensive. Mature drivers are more responsible, cost insurance companies less in claims and get fewer tickets.
  • Your employer can affect insurance coverage rates – Occupational choices like fire fighterspolice officers and stock brokers tend to pay higher average rates due to stressful work requirements and lengthy work days. On the flip side, professions such as scientists, athletes and the unemployed pay lower than average rates for Prelude coverage.

Your situation helps dictate your coverage

When buying proper insurance coverage, there isn’t really a single plan that fits everyone. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that might point out if your insurance needs could use an agent’s help.

  • Is my teenager covered with friends in the car?
  • Should I buy additional glass protection?
  • Can I still get insurance after a DUI?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Do I get a pro-rated refund if I cancel my policy early?
  • I don’t drive much so do I pay less?

If you can’t answer these questions but a few of them apply then you might want to talk to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Truth in insurance coverage advertising

Well-known insurance coverage companies like State Farm, Geico and Progressive regularly use television and radio advertisements. All the ads try to convey promises that drivers will save a bundle after switching to them. How does each company say the same thing? This is the way they can do it.

All the different companies give the cheapest rates for the type of insured that will not have excessive claims. A good example of a preferred risk could be a married female, has a low-risk occupation, and has great credit. A customer who matches those parameters is entitled to the best price as well as pay quite a bit less when switching companies.

People who fall short of this stringent profile will probably have to pay a more expensive rate and this can result in the customer not buying. The wording the ads use say “people who switch” but not “everyone who gets a quote” can get the lowest rates when switching. That’s the way insurance companies can confidently make claims like that. Because each company has a different risk profile, it’s extremely important to compare free insurance quotes often. Because you cannot predict which insurance coverage company will fit you best based on your risk profile.

Parts of your insurance policy

Having a good grasp of your insurance policy can be of help when determining the right coverages for your vehicles. Policy terminology can be ambiguous and nobody wants to actually read their policy. Shown next are the normal coverages found on most insurance policies.

Liability insurance

Liability insurance will cover damage or injury you incur to other people or property that is your fault. It protects you against claims from other people, and doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability insurance covers claims like bail bonds, structural damage, loss of income, funeral expenses and legal defense fees. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants and damage to your 1994 Honda Prelude.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Comprehensive insurance

This will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like hitting a bird, a tree branch falling on your vehicle and falling objects. The most 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.

Coverage for medical expenses

Coverage for medical payments and/or PIP reimburse you for immediate expenses like ambulance fees, hospital visits, rehabilitation expenses and surgery. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers being hit by a car walking across the street. PIP is not available in all states and may carry a deductible

Collision protection

Collision insurance pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as backing into a parked car, crashing into a building and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

Feed the piggy bank

As you restructure your insurance plan, never reduce coverage to reduce premium. In too many instances, an accident victim reduced physical damage coverage only to regret that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy a smart amount of coverage at a price you can afford, but do not sacrifice coverage to save money.

Lower-priced car insurance is available from both online companies as well as from insurance agents, and you need to price shop both in order to have the best chance of saving money. Some insurance providers may not offer price quotes online and usually these smaller providers only sell through local independent agents.

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