1999 Honda Prelude Insurance Quotes – 5 Tips for Cheaper Rates

Did budget coverage turn out to be high-priced insurance coverage? Trust us, you are not the only one feeling buyer’s remorse. Many insurance companies compete for your insurance dollar, and it can be difficult to compare rates to find the absolute lowest rate possible.

If you have a policy now or need new coverage, you will benefit by learning to get lower rates and still get good coverage. Buying car insurance is quite easy. Drivers only need to know the most efficient way to get comparison rates online.

How to buy auto insurance online

Finding cheap auto insurance rates isn’t really that difficult. All you need to do is spend a few minutes to get quotes to find out which insurance company has cheap insurance coverage quotes. This can be done by using one of the methods below.

  • One of the best ways consumers can analyze rates is a comparison rater form click here to open form in new window. This method prevents you from having to do repetitive form entry for each price estimate. One simple form gets you coverage quotes instantly.
  • Another way to find more affordable insurance is going to the website for every company you want to comare and complete a new quote form. For examples sake, we’ll assume you want to see prices from State Farm, Farmers and GMAC. In order to compare rates, you need to go to every website to enter your coverage information, and that explains why we recommend the first method. To view a list of companies in your area, click here.

You can choose any of those ways to find more affodable coverage, but be sure to compare apples-to-apples coverage information with every price quote. If you use different deductibles you will not be able to decipher which rate is best.

Car insurance ads bend the truth

Consumers constantly see and hear ads for cheaper car insurance by Allstate, Geico and Progressive. All the companies convey the message about how much you will save if you get a free insurance coverage quote and switch to them.

How do they all sell you cheaper insurance coverage? It’s all in the words they use.

Different companies have a certain “appetite” for the type of insured that will most likely be profitable. One example of this type of risk profile might have to be between 30 and 50, carries high limits, and drives a lower-performance vehicle. Any person that hits that “sweet spot” will get very good rates and therefore will save when switching.

Drivers who do not meet these criteria will have to pay higher premium rates with the end result being the prospect going elsewhere. The trick companies use is to say “people who switch” not “all people who quote” save that much money. That is how insurance companies can lure you into getting a quote.

Because of this risk profiling, you should get insurance coverage quotes as often as possible. It’s not possible to predict which car insurance company will have the best rates at this point in time.

More affordable rates with these five insurance coverage discounts

Car insurance is not cheap, but you might find some hidden discounts that many consumers don’t even know exist. Some of these disounts will be visible at the time you complete a quote, but lesser-known reductions have to be manually applied before they will apply.

  • Sign Early and Save – Some insurance coverage companies provide a discount for buying a new policy prior to your current policy expiration. This can save 10% or more.
  • Multiple Vehicles – Buying a policy with primary and secondary vehicles with one company can reduce the rates for all insured vehicles.
  • Use Seat Belts – Using a seat belt and requiring all passengers to use a seat belt can save a little off PIP or medical payments premium.
  • Distant Student – Kids who live away from home to go to college and won’t have access to an insured vehicle could get you a discount.
  • Safety Course Discount – Taking time to complete a course that instructs on driving safety could cut 5% off your bill depending on where you live.

As is typical with insurance, most discount credits are not given to your bottom line cost. The majority will only reduce the cost of specific coverages such as comprehensive or collision. So even though they make it sound like you can get free auto insurance, companies don’t profit that way.

To view providers that have a full spectrum of discounts, click here.

Car insurance can get complicated

When buying coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance should reflect that For example, these questions may help highlight whether your personal situation would benefit from professional advice.

  • Do I pay less for low miles?
  • How high should my medical payments coverage be?
  • When should I drop full coverage on my 1999 Honda Prelude?
  • Does my insurance cover my expensive audio equipment?
  • Am I better off with higher deductibles on my 1999 Honda Prelude?
  • Should I bundle my homeowners policy with my auto?

If you can’t answer these questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.

Insurance coverages explained

Learning about specific coverages of your insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Shown next are typical coverages available from insurance companies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Honda Prelude.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Usually these limits do not exceed the liability coverage limits.

Comprehensive auto coverage

This coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as damage from flooding, hitting a bird, vandalism, a broken windshield and fire damage. The maximum amount your insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for things like rehabilitation expenses, funeral costs, prosthetic devices and hospital visits. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Liability insurance

This provides protection from injuries or damage you cause to a person or their property by causing an accident. This coverage protects you from legal claims by others. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 50/100/50 that translate to $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability coverage pays for claims like court costs, attorney fees and loss of income. How much liability coverage do you need? That is a personal decision, but consider buying as much as you can afford.

Collision coverage

Collision insurance will pay to fix damage to your Prelude resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as sustaining damage from a pot hole, driving through your garage door and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible to save money on collision insurance.

The bottom line

Cheaper 1999 Honda Prelude insurance is available both online in addition to local insurance agencies, and you should compare rates from both to have the best chance of lowering rates. Some insurance companies may not offer the ability to get a quote online and these regional insurance providers sell through local independent agents.

Throughout this article, we presented many ideas to save on 1999 Honda Prelude insurance. The key thing to remember is the more you quote insurance coverage, the better likelihood of getting low cost insurance coverage. You may be surprised to find that the best price on auto insurance is with a smaller regional carrier. These smaller insurers often have lower prices on specific markets compared to the large companies like Allstate and Progressive.

As you prepare to switch companies, it’s not a good idea to buy poor coverage just to save money. There are a lot of situations where an insured dropped physical damage coverage only to find out that the few dollars in savings costed them thousands. The aim is to buy enough coverage at the lowest possible cost and still be able to protect your assets.

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