2000 Honda Odyssey Car Insurance Cost – 7 Ideas for Best Prices

Looking for lower insurance coverage rates for your Honda Odyssey? Wish you could get out of an overpriced insurance coverage policy? Believe me, there are lots of residents who feel the same.

Companies like Geico, Progressive and Allstate increase brand awareness with ads and it is difficult to see through the deception and take the time to shop coverage around.

How to get free car insurance quotes online

Effectively comparing car insurance prices can take hours if you aren’t aware of the fastest way to get free quotes. You can spend countless hours talking about coverages with insurance agencies in your area, or you can utilize the internet to accomplish the same thing much quicker.

All the larger companies enroll in a system where insurance shoppers complete one form, and each company provides a quote determined by their information. This saves time by eliminating quote requests for each company.

To fill out one form to compare multiple rates now click here to start a free quote.

The single downside to comparing rates this way is you can’t choose which carriers to get pricing from. So if you want to choose specific insurance companies to receive pricing from, we have a listing of the cheapest car insurance companies in your area. Click here to view list.

Whichever way you choose to compare rates, make sure you use identical quote information for each quote you get. If each company quotes different deductibles you will not be able to determine which company has the best rates. Just slight variations in coverages may cause a big price difference. And when price shopping your coverage, quoting more will improve the odds of getting a lower rate. Not every company provides quotes online, so you need to compare price quotes from them as well.

Seven discounts for lower-cost insurance coverage rates

Car insurance companies don’t always publicize the complete list of policy discounts in an easy-to-find place, so we researched both well-publicized and the more hidden ways to save on insurance coverage.

  • Driver’s Ed – It’s a good idea to have your young drivers complete a driver education course as it can save substantially.
  • Braking Control Discount – Cars and trucks that have steering control and anti-lock brakes have fewer accidents and earn discounts up to 10%.
  • Distant Student – Children living away from home attending college and don’t have a car can be insured at a reduced rate.
  • Discount for Good Grades – Excelling in school could provide a savings of up to 20% or more. You can use this discount normally up to age 25.
  • Anti-theft Discount – Anti-theft and alarm system equipped vehicles are less likely to be stolen and therefore earn up to a 10% discount.
  • Seat Belts Save more than Lives – Drivers who require all vehicle occupants to use their safety belts can save up to 15% on the medical payments or PIP coverage costs.
  • Paperwork-free – Some larger companies provide a small discount for completing your application online.

You can save money using discounts, but many deductions do not apply to all coverage premiums. The majority will only reduce individual premiums such as comprehensive or collision. Despite the fact that it seems like adding up those discounts means a free policy, you’re out of luck. But any discount will help reduce your overall premium however.

To view insurance coverage companies with discount rates, follow this link.

Tailor your insurance coverage coverage to you

When buying adequate coverage, there really is not a perfect coverage plan. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that may help you determine whether you could use an agent’s help.

  • Do I need more liability coverage?
  • Are my tools covered if they get stolen from my vehicle?
  • Why am I required to buy high-risk coverage?
  • What can I do if my company denied a claim?
  • What happens if I owe more than my 2000 Honda Odyssey is worth?
  • Are there companies who specialize in insuring high-risk drivers?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • What is the rate difference between pleasure use and commuting?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area.

Coverages available on your policy

Understanding the coverages of a insurance policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Shown next are the normal coverages offered by insurance companies.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP pay for bills such as dental work, surgery, nursing services and doctor visits. The coverages can be utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants as well as being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay

Comprehensive insurance

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

Comprehensive insurance covers things such as damage from a tornado or hurricane, rock chips in glass and damage from getting keyed. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist (UM/UIM)

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 to you and your family as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently these limits do not exceed the liability coverage limits.

Liability coverage

Liability coverage protects you from injuries or damage you cause to people or other property by causing an accident. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Some companies may use a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for things like pain and suffering, repair bills for other people’s vehicles, legal defense fees and court costs. How much liability should you purchase? That is your choice, but consider buying as much as you can afford.

Collision insurance

This coverage pays for damage to your Odyssey from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as hitting a mailbox, driving through your garage door, colliding with another moving vehicle, damaging your car on a curb and crashing into a building. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. You can also increase the deductible to bring the cost down.

Make an honest buck

When trying to cut insurance costs, you should never reduce coverage to reduce premium. In too many instances, someone sacrificed liability coverage limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your strategy should be to get the best coverage possible at an affordable rate, but don’t skip important coverages to save money.

We’ve covered some good ideas how you can save on 2000 Honda Odyssey insurance. The key thing to remember is the more times you quote, the higher your chance of finding cheaper car insurance. You may even find the biggest savings come from a lesser-known regional company. They often have lower premium rates on specific markets as compared to the big name companies such as Geico and State Farm.

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