Cheaper 1998 Honda Odyssey Car Insurance Rates

Searching for the cheapest insurance rates for your Honda Odyssey? Cutting costs on Driversinsurance can be hard for drivers not familiar with online price comparisons. Consumers have so many companies to choose from that it can turn into a difficult challenge to find cheaper insurance rates.

If you currently have a car insurance policy, you will be able to cut costs considerably using these methods. Locating more affordable car insurance is simple if you know the tricks. Nevertheless, car owners must understand the methods companies use to compete online and take advantage of how the system works.

These discounts can lower your auto insurance rates

Some insurance providers do not list all possible discounts very clearly, so the list below gives a summary of some of the best known and also the more inconspicuous credits that may apply to you.

  • Good Student – A discount for being a good student may save you up to 25%. Most companies allow this discount well after school through age 25.
  • More Vehicles More Savings – Buying insurance for multiple vehicles with one company may reduce the rate for each vehicle.
  • First Accident Forgiveness – This one is not really a discount per se, but companies like Progressive, Allstate, and Geico will turn a blind eye to one accident before raising your premiums with the catch being you have to be claim-free prior to the accident.
  • Homeowners Discount – Being a homeowner can earn you a little savings because maintaining a house requires personal responsibility.
  • Driver Safety – Participating in a course that instructs on driving safety could save 5% or more and also improve your driving technique.
  • ABS Brakes – Cars, trucks, and SUVs equipped with ABS or steering control have fewer accidents so companies give up to a 10% discount.
  • Claim-Free Discount – Claim-free drivers can save substantially compared to drivers who are more careless.

A quick disclaimer, many deductions do not apply the the whole policy. A few only apply to specific coverage prices like collision or personal injury protection. So even though they make it sound like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

A few companies that may offer these discounts are:

Before buying, ask each insurance company the best way to save money. Some of the discounts discussed earlier may not apply in your area. To choose providers with discount auto insurance rates, click here.

How to shop insurance online

Performing a rate comparison can take hours if you don’t know the most efficient way. You could spend the better part of a day talking to insurance companies in your area, or you can stay home and use the web to maximize your effort.

Most of the larger companies take part in a program where prospective buyers enter their policy data once, and each company returns a competitive quote for coverage. This saves time by eliminating quotation requests to each individual insurance company.

To access this free quoting program, click here (opens in new window).

One minor caviat to pricing coverage this way is you are unable to specify which companies you want pricing from. So if you prefer to choose specific insurance companies to request quotes from, we have a page of insurance companies in your area. Click here to view list.

It’s up to you which method you use, but ensure you are comparing equivalent quote information for every quote you compare. If you use different deductibles it’s not possible to determine the lowest rate for your Honda Odyssey. Quoting even small variations in limits may cause a big price difference. And when comparing insurance rates, know that comparing more quotes will enable you to find better pricing.

Different people need different insurance coverage coverages

When it comes to buying coverage, there really is no best way to insure your cars. Every insured’s situation is different.

Here are some questions about coverages that could help you determine whether your personal situation will benefit from professional help.

  • Should I get collision insurance on every vehicle?
  • Do I need higher collision deductibles?
  • Do I need roadside assistance coverage?
  • Will my rates increase for filing one claim?
  • How does medical payments coverage work?
  • What is covered by UM/UIM coverage?
  • Can I still get insurance after a DUI?
  • What is the ISO rating for a 1998 Honda Odyssey?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed agent. To find an agent in your area, fill out this quick form.

Specifics of your insurance policy

Understanding the coverages of insurance aids in choosing the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Coverage for medical payments

Coverage for medical payments and/or PIP kick in for short-term medical expenses such as rehabilitation expenses, X-ray expenses, EMT expenses, surgery and nursing services. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states and may carry a deductible

Liability coverages

This coverage will cover damages or injuries you inflict on other people or property that is your fault. This coverage protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability coverage pays for things such as loss of income, medical expenses, attorney fees and medical services. The amount of liability coverage you purchase is your choice, but you should buy as high a limit as you can afford.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, 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 do not exceed the liability coverage limits.

Comprehensive coverages

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as hail damage, rock chips in glass, damage from getting keyed, damage from a tornado or hurricane and vandalism. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for collisions

This coverage will pay to fix damage to your Odyssey caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as driving through your garage door, crashing into a building and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to get cheaper collision coverage.

Best coverage at the best price

As you go through the steps to switch your coverage, make sure you don’t skimp on critical coverages to save a buck or two. There have been many situations where an insured dropped liability coverage limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your objective should be to purchase a proper amount of coverage for the lowest cost, not the least amount of coverage.

Drivers who switch companies do it for any number of reasons including extreme rates for teen drivers, delays in paying claims, being labeled a high risk driver and denial of a claim. It doesn’t matter why you want to switch choosing a new company can be easy and end up saving you some money.

You just learned some good ideas how to compare 1998 Honda Odyssey insurance auto insurance rates online. The key thing to remember is the more times you quote, the more likely it is that you will get a better rate. You may even discover the most savings is with some of the smallest insurance companies.

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