How Much Does 2003 Honda Insight Insurance Cost?

Locating better insurance prices for a Honda Insight can turn out to be a lot of work, but you can learn these tips to save time.

There are both good and bad ways to shop for auto insurance so you’re going to learn the quickest way to get price quotes for a Honda and get the best price possible either online or from local insurance agents.

Insurance quotes and discounts

Some providers don’t necessarily list the entire discount list in an easy-to-find place, so we took the time to find some of the more common and also the lesser-known insurance savings. If they aren’t giving you every credit you deserve, you are throwing money away.

  • Driving Data Discount – Drivers who agree to allow their company to analyze vehicle usage through the use of a telematics system such as Progressive’s Snapshot and State Farm’s In-Drive may get a rate reduction if their driving habits are good.
  • Government Employee Discount – Simply working for the federal government may qualify for a discount when you quote car insurance on Insight insurance depending on your insurance provider.
  • Distant Student – Youth drivers who are attending college and do not have a car may be able to be covered for less.
  • Driver Safety – Passing a class that teaches driver safety techniques can save you 5% or more if you qualify.
  • Safety Restraint Discount – Drivers who require all vehicle occupants to buckle their seat belts may be able to save a few bucks off PIP or medical payments premium.
  • Club Memberships – Joining qualifying clubs or civic groups is a good way to get lower rates on your bill.
  • Save over 55 – Drivers over the age of 55 may be able to get better insurance rates on Insight insurance.
  • Passenger Safety Discount – Vehicles equipped with air bags or automatic seat belts may earn rate discounts as much as 30%.

Discounts lower rates, but most of the big mark downs will not be given to all coverage premiums. Most only reduce the cost of specific coverages such as collision or personal injury protection. Even though the math looks like having all the discounts means you get insurance for free, you’re out of luck.

A list of insurance companies and some of the premium reductions they offer are included below.

  • Geico has savings for military active duty, multi-vehicle, air bags, anti-theft, five-year accident-free, membership and employees, and anti-lock brakes.
  • Auto-Owners Insurance offers discounts for good student, paperless, multi-policy, anti-lock brakes, and safe vehicle.
  • American Family policyholders can earn discounts including mySafetyValet, TimeAway discount, air bags, accident-free, Steer into Savings, good student, and good driver.
  • Esurance may offer discounts for paid-in-full, anti-lock brakes, multi-car, good driver, and online quote.
  • Progressive has discounts for multi-policy, good student, online signing, homeowner, and multi-vehicle.
  • State Farm offers discounts including Drive Safe & Save, safe vehicle, good student, Steer Clear safe driver discount, driver’s education, and passive restraint.
  • AAA offers premium reductions for multi-policy, good driver, AAA membership discount, anti-theft, and multi-car.

Before buying, ask all the companies which discounts you qualify for. Some of the discounts discussed earlier might not be available to policyholders in your state. If you would like to view companies who offer insurance discounts, follow this link.

How to get affordable auto insurance

Lowering your 2003 Honda Insight auto insurance rates doesn’t have to be difficult. You just need to spend a few minutes to compare free car insurance quotes from different insurance companies. You can get a good selection of rate quotes in just a few minutes using one of these methods.

The first (and easiest) way to get quotes for comparison is an all-inclusive rate comparison click here to open form in new window. This form saves time by eliminating separate forms to each individual auto insurance company. In just a few minutes this one form gets you price quotes from all major companies.It’s the quickest way to get rates.

A different way to shop for auto insurance online requires a visit to the website for every company you want to comare and get a separate price quote. For sake of this example, let’s assume you want to view quotes from Progressive, Safeco and Travelers. To get rate quotes you would need to navigate to each company’s site and type in your information over and over, which can take a lot of time. To view a list of companies in your area, click here.

The least efficient and most time consuming way to price shop rates is driving to different agent offices. The ability to quote online eliminates the middleman unless you’re the type of person who wants the professional assistance that can only be provided by a licensed insurance agent. It is possible to obtain prices from the web and have a local agent actually service the policy.

You can use whichever method you prefer to find lower rates, just ensure you’re using nearly identical coverage limits and deductibles for each price quote. If you are comparing different values for each quote you will not be able to determine the best price for your Honda Insight.

Situations that may require an agent’s advice

When buying proper insurance coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Every situation is different.

For example, these questions could help you determine if your insurance needs would benefit from professional advice.

  • Am I covered if I break a side mirror?
  • Is business property covered if stolen from my car?
  • Will my rates increase for filing one claim?
  • Can my teen drive my company car?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • I don’t drive much so do I pay less?
  • Does my medical payments coverage pay my health insurance deductible?

If it’s difficult to answer those questions, you may need to chat with an agent. If you don’t have a local agent, take a second and complete this form. It’s fast, free and may give you better protection.

Learn about insurance coverages for a 2003 Honda Insight

Understanding the coverages of your policy helps when choosing the right coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for bills for things like chiropractic care, nursing services and hospital visits. They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. It covers you and your occupants and will also cover if you are hit as a while walking down the street. PIP is not universally available and gives slightly broader coverage than med pay

Collision insurance

Collision coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like sustaining damage from a pot hole, driving through your garage door, scraping a guard rail and colliding with a tree. This coverage can be expensive, so consider dropping it from older vehicles. You can also increase the deductible to bring the cost down.

Comprehensive insurance

This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as a tree branch falling on your vehicle, a broken windshield and damage from flooding. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability car insurance

Liability insurance protects you from injuries or damage you cause to other’s property or people that is your fault. This coverage protects you against other people’s claims. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Occasionally you may see a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for things such as repair costs for stationary objects, loss of income, attorney fees and bail bonds. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Most of the time these limits are identical to your policy’s liability coverage.

Shop. Compare. Save.

While you’re price shopping online, never sacrifice coverage to reduce premiums. In many cases, an accident victim reduced full coverage only to find out that the few dollars in savings costed them thousands. The proper strategy is to buy the best coverage you can find at the best price.

Consumers switch companies for a number of reasons such as high prices, unfair underwriting practices, an unsatisfactory settlement offer or even not issuing a premium refund. Regardless of your reason for switching companies, finding a new insurance coverage company is less work than it seems.

Some companies may not provide the ability to get a quote online and usually these small, regional companies work with independent insurance agencies. Cheaper insurance coverage is attainable online in addition to local insurance agencies, and you need to price shop both so you have a total pricing picture.

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