2008 Honda Fit Car Insurance Rates

Trying to find the cheapest car insurance rates for your Honda Fit? Tired of scraping the payment together to keep your car insured? You are no different than many other consumers.

Having so many insurance companies to choose from, it’s nearly impossible to find a lower cost car insurance company.

Consumers should take time to check car insurance prices periodically because car insurance prices change quite often. If you had the best price on Fit insurance a couple years back there may be better deals available now. Ignore everything you know about car insurance because you’re about to find out the things you must know in order to get good coverage at a lower rate.

Buy insurance online

Comparing insurance rates can be a lot of work if you don’t understand the fastest way to get free quotes. You can waste a lot of time talking about coverages with local insurance agents in your area, or you can stay home and use the web to accomplish the same thing much quicker.

Most car insurance companies participate in an industry program that enables customers to enter their policy data once, and at least one company returns a competitive quote based on the submitted data. This system prevents you from having to do quote requests for each company you want a rate for. To compare pricing click here to open in new window.

The one downside to using this type of system is you don’t know exactly which providers to get quotes from. If you wish to select individual companies to receive pricing from, we have assembled a list of low cost insurance companies in your area. Click here to view list.

However you get your quotes, be certain you are entering equivalent coverages for each price quote. If your comparisons have mixed coverages it will be very difficult to make an equal comparison. Quoting even small variations in coverages could throw off the whole comparison. Just remember that comparing more quotes will enable you to find the best rates. Some companies don’t provide online quotes, so it’s recommended that you also compare price quotes on coverage from those companies, too.

When do I need an agent’s advice?

When buying proper insurance coverage for your vehicles, there really is not a one size fits all plan. Every insured’s situation is different so your insurance should reflect that These are some specific questions can help discover whether your personal situation could use an agent’s help.

  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Can I rate high risk drivers on liability-only vehicles?
  • Do I need added coverage for expensive stereo equipment?
  • What exactly is covered by my policy?
  • What should my uninsured motorist coverage limits be in my state?
  • Is my Honda Fit covered if I use it for business?
  • Who is covered when they drive my 2008 Honda Fit?
  • What can I do if my company won’t pay a claim?

If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Car insurance coverage considerations

Learning about specific coverages of your car insurance policy aids in choosing the right coverages for your vehicles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the normal coverages available from car insurance companies.

Liability coverage

This provides protection from injuries or damage you cause to a person or their property by causing an accident. It protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

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 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Some companies may use a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for things such as structural damage, loss of income, legal defense fees, repair costs for stationary objects and court costs. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for immediate expenses such as prosthetic devices, surgery, rehabilitation expenses, EMT expenses and pain medications. They are often used to cover expenses not covered by your health insurance program or if you do not have health coverage. They cover all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Collision coverage protection

Collision coverage pays for damage to your Fit caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like hitting a parking meter, rolling your car and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your 2008 Honda Fit.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually these limits do not exceed the liability coverage limits.

Comprehensive coverages

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like hail damage, a broken windshield and hitting a deer. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.