How Much Does 1998 Honda Prelude Insurance Cost?

Searching for lower insurance coverage rates for your Honda Prelude? Wish you could get out of an underperforming, overpriced insurance coverage policy? Say no more because many consumers are in the same pinch.

Big-name insurance companies like Geico, Progressive and Allstate constantly blast consumers with fancy advertisements and it can be hard to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

It’s important to do rate comparisons once or twice a year since prices are variable and change quite frequently. Even if you think you had the lowest quotes on Prelude insurance on your last policy you may be paying too much now. Forget anything you know (or think you know) about insurance coverage because we’re going to demonstrate the best methods to properly buy coverages while reducing your premium.

Quote insurance online

There are several ways to compare insurance quotes, but one way is more efficient than others. You can waste hours talking about coverages with local insurance agents in your area, or you could save time and use online quoting to accomplish the same thing much quicker.

Most of the best insurance companies belong to a marketplace that allows shoppers to submit their information once, and every company returns a competitive quote for coverage. This system prevents you from having to do form submissions to every company.

To find out how much you can save on insurance click to open in new window.

The single downside to using this type of form is you can’t choose the companies to receive prices from. So if you prefer to choose individual companies to request quotes from, we have a listing of the cheapest insurance companies in your area. Click to view list.

Whichever way you use, double check that you are using nearly identical coverages and limits for each price quote. If each company quotes different data it will be very difficult to make an equal comparison. Even a minor difference in coverages could mean much higher rates. Keep in mind that comparing a wide range of rates helps you find lower pricing.

Tailor your auto insurance coverage to you

When choosing the right insurance coverage, there really is no perfect coverage plan. Everyone’s situation is unique so this has to be addressed. For instance, these questions might help in determining whether you may require specific advice.

  • When should I not file a claim?
  • How can I find cheaper teen driver insurance?
  • Does my car insurance cover rental cars?
  • Is my trailer covered?
  • Should I carry comprehensive and collision coverage?
  • Does liability extend to a camper or trailer?
  • Does my policy pay for OEM or aftermarket parts?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies.

Auto insurance coverages

Having a good grasp of your policy can help you determine the right coverages for your vehicles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. These are the usual coverages available from insurance companies.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Honda Prelude.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally the UM/UIM limits are set the same as your liablity limits.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like nursing services, prosthetic devices, ambulance fees and surgery. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Comprehensive insurance

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like damage from flooding, a tree branch falling on your vehicle and theft. The most your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision protection

This covers damage to your Prelude resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as crashing into a building, sideswiping another vehicle and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also choose a higher deductible to save money on collision insurance.

Coverage for liability

Liability insurance protects you from injuries or damage you cause to other’s property or people. It protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: 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 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Alternatively, you may have a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers claims such as court costs, medical services and pain and suffering. How much liability should you purchase? That is a personal decision, but you should buy higher limits if possible.