2011 Honda Insight Insurance Quotes

Looking for the cheapest insurance rates for your Honda Insight? Have you had enough of sacrificing to keep your car insured? You are in the same boat as many other consumers.

You have so many insurance companies to pick from, and even though it’s nice to have multiple companies, it can be more challenging to compare rates.

This article will introduce you to how to effectively get price quotes and some tricks to saving. If you have car insurance now, you should be able to lower your premiums substantially using these techniques. Nevertheless, drivers must learn how insurance companies market insurance on the web and use this information to your advantage.

Four things that affect your insurance prices

Many factors are considered when pricing auto insurance. Some of the criteria are obvious such as traffic violations, although others are less apparent such as your marital status or how safe your car is.

  • High premiums for teen drivers – Youthful drivers have been known to be inattentive behind the wheel so they pay higher car insurance rates. Older, more experienced drivers are shown to be more cautious, are lower risk to insure , and are generally more financially stable.
  • Save money by eliminating add-on coverages – There are many add-on coverages you can purchase if you don’t pay attention. Add-on coverages like replacement cost coverage, death and dismemberment, and additional equipment coverage are examples of these. You may think they are a good idea when discussing your needs, but if you don’t need them think about removing them and cutting costs.
  • Safer cars cost less to insure – Safe vehicles get lower rates. These vehicles reduce occupant injuries and reduced instances of injuries translates into savings for insurance companies which can result in lower premiums.
  • Low deductibles can be expensive – The deductibles you choose are the amount of money you are required to spend if you file a covered claim. Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some examples of claims that would be covered would be rearending another vehicle, animal collisions, and damage caused by road hazards. The more of the claim you are required to pay out-of-pocket, the bigger discount you will receive for Insight coverage.

Affordable insurance coverage rates with discounts

Properly insuring your vehicles can get expensive, but you might already qualify for some discounts to help offset the cost. A few discounts will be applied when you get a quote, but a few need to be inquired about in order for you to get them.

  • Auto/Life Discount – If the company offers life insurance, you could get a discount if you purchase auto and life insurance together.
  • Pay Early and Save – By making one initial payment as opposed to paying monthly you may reduce your total bill.
  • Waiver for an Accident – This isn’t a discount exactly, but certain companies will forgive one accident without raising rates with the catch being you have to be claim-free for a particular time prior to the accident.
  • Student Discount for Driver Training – Require your teen driver to complete a driver education course if it’s offered in school.
  • Early Renewal Discounts – A few insurance companies offer discounts for buying a policy prior to your current policy expiration. This discount can save up to 10%.
  • No Claims – Drivers who don’t have accidents pay much less as opposed to bad drivers.
  • ABS Braking Discount – Anti-lock brake equipped vehicles can reduce accidents and will save you 10% or more.
  • Good Students Pay Less – This discount can save 20 to 25%. The good student discount can last up to age 25.
  • Save with a New Car – Buying a new car instead of a used car may earn a small discount because newer vehicles have to meet stringent safety requirements.
  • Low Mileage Discounts – Low mileage vehicles could qualify for slightly better prices than normal.

Consumers should know that most credits do not apply to the overall cost of the policy. Most cut the cost of specific coverages such as collision or personal injury protection. So even though it sounds like you can get free auto insurance, companies wouldn’t make money that way. Any amount of discount should definitely cut the amount you pay for coverage.

Larger insurance coverage companies and their possible discounts can be read below.

  • The Hartford offers discounts including good student, bundle, air bag, anti-theft, driver training, defensive driver, and vehicle fuel type.
  • American Family may offer discounts for good driver, multi-vehicle, mySafetyValet, TimeAway discount, and defensive driver.
  • Progressive discounts include online quote discount, online signing, homeowner, continuous coverage, multi-vehicle, multi-policy, and good student.
  • Travelers may have discounts that include continuous insurance, good student, early quote, student away at school, IntelliDrive, home ownership, and new car.
  • Farmers Insurance offers premium reductions for pay in full, bundle discounts, multi-car, good student, business and professional, and switch companies.
  • USAA offers discounts for military installation, family discount, vehicle storage, defensive driver, and multi-policy.
  • Liberty Mutual includes discounts for multi-car, teen driver discount, hybrid vehicle, good student, newly retired, exclusive group savings, and newly married.

If you need lower rates, check with each company what discounts are available to you. A few discounts might not apply in every state. To choose insurance companies who offer insurance coverage discounts, click here to view.

Switch companies and save? Really?

Popular auto insurance providers such as Progressive, Geico, Allstate and State Farm consistently run ads on TV and radio. All the companies try to convey promises that you’ll save big if you switch your auto insurance coverage to their company. It sounds good, but how can they all have lower policy pricing? This is the way they can do it.

Companies have specific guidelines for the type of driver that will generate a profit. For instance, this type of driver might be between 25 and 40, has had continuous coverage, and drives a lower-performance vehicle. Any person that hits that “sweet spot” receives the best rates and as a result will probably save quite a bit of money when switching.

Insureds who don’t meet these standards will have to pay higher premium rates and this results in the customer not purchasing. If you listen closely, the ads state “customers that switch” not “everyone who quotes” can get the lowest rates when switching. That’s the way companies can truthfully make those claims.

Because every company is different, drivers must do a quote comparison often. It’s just too difficult to predict which company will have the best prices for your profile.

Tailor your insurance coverage to you

When choosing proper insurance coverage for your vehicles, there is no perfect coverage plan. Everyone’s needs are different so your insurance needs to address that. These are some specific questions could help you determine if your insurance needs would benefit from professional advice.

  • Does my 2011 Honda Insight need full coverage?
  • Is rental equipment covered for theft or damage?
  • How high should my medical payments coverage be?
  • Do I need an umbrella policy?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Are my friends covered when driving my 2011 Honda Insight?
  • What should my uninsured motorist coverage limits be in my state?
  • Do I need PIP (personal injury protection) coverage in my state?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance companies in your area.

Auto insurance policy coverages for a Honda Insight

Knowing the specifics of your policy aids in 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. Shown next are the normal coverages found on most auto insurance policies.

Auto liability – Liability coverage protects you from damages or injuries you inflict on other people or property by causing an accident. It protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three 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 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things like repair costs for stationary objects, medical expenses, emergency aid, attorney fees and court costs. The amount of liability coverage you purchase is your choice, but buy as much as you can afford.

Collision – Collision insurance will pay to fix damage to your Insight resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as colliding with another moving vehicle, rolling your car, crashing into a building and scraping a guard rail. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to bump up the deductible to bring the cost down.

Insurance for medical payments – Med pay and PIP coverage pay for expenses like pain medications, ambulance fees, surgery and nursing services. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance – This protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Honda Insight.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as falling objects, fire damage, hitting a deer, theft and damage from getting keyed. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Smart shoppers get results

Lower-priced auto insurance is possible both online in addition to many insurance agents, so you need to quote insurance coverage with both to get a complete price analysis. Some insurance companies may not have price quotes online and these small, regional companies work with independent insurance agents.

Throughout this article, we presented a lot of tips how to lower your 2011 Honda Insight insurance premium rates. It’s most important to understand that the more quotes you get, the better likelihood of getting the cheapest insurance coverage. Consumers may even find the lowest premium rates come from the least-expected company. Some small companies may often insure only within specific states and give getter rates than their larger competitors like Allstate or State Farm.

When you buy insurance coverage online, do not buy less coverage just to save a little money. Too many times, someone sacrificed liability limits or collision coverage only to find out that it was a big mistake. Your objective should be to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.

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