2013 Honda Fit EV Insurance Quotes – 8 Discounts for Best Rates

Expensive Honda Fit EV insurance can sap your monthly budget and force you to tighten up your finances. Comparing price quotes is an excellent way to tighten up your finances.

Online insurance companies like Progressive, Geico and Farmers Insurance all promote huge savings with ad campaigns and consumers find it hard to avoid their marketing magic and effectively compare rates to find the best deal.

You need to price shop coverage periodically because car insurance prices are constantly changing. Just because you found the best deal for Fit EV insurance a few years ago the chances are good that you can find a lower rate quote today. Forget anything you know (or think you know) about car insurance because you’re about to learn the right way to properly buy coverages while reducing your premium.

If you currently have a car insurance policy, you will most likely be able to lower your premiums substantially using these tips. Choosing the best insurance company for you is not rocket science. Although car owners should learn how insurance companies market on the web and use this information to your advantage.

Compare quotes for insurance

Comparing insurance rates can be exhausting if you don’t utilize the easiest way. You can waste hours talking to local insurance agents in your area, or you can stay home and use the internet to achieve your goal.

Many of the larger companies are enrolled in a marketplace where insurance shoppers submit their information once, and at least one company then returns a price quote based on the submitted data. This prevents consumers from doing quote forms to every company.

To find out how much you’re overpaying now click here to start a free quote.

The only downside to doing it this way is buyers cannot specifically choose the providers to receive prices from. So if you want to choose specific providers to compare rates, we put together a list of companies who write insurance in your area. Click here to view list.

Take whichever approach you prefer, but be sure you’re using apples-to-apples coverages and limits for each comparison quote. If your comparisons have different deductibles it will be very difficult to make a fair rate comparison. Quoting even small variations in coverage limits may result in a large different in cost. Just remember that comparing more company’s prices helps improve the odds of finding the best offered rates. Some companies don’t provide prices over the internet, so you need to compare price quotes from them as well.

Drivers save money with these eight money-saving discounts

Insurance can be prohibitively expensive, but there could be significant discounts that you may not even be aware of. Some of these disounts will be visible when you quote, but some discounts are required to be manually applied prior to getting the savings.

• Lower Rates for Military – Having a family member in the military could be rewarded with lower premium rates.
• Good Students Pay Less – Excelling in school may save as much as 25% on a car insurance quote. You can use this discount normally until age 25.
• Student in College – who live away from home at college and won’t have access to an insured vehicle can receive lower rates.
• Good Drivers – Insureds without accidents may save up to 50% more for Fit EV insurance compared to rates paid by drivers with frequent claims.
• Onboard Data Collection – Drivers who agree to allow data collection to spy on when and where they use their vehicle by using a telematic data system such as Progressive’s Snapshot and State Farm’s In-Drive could save a few bucks if they are good drivers.
• Braking Control Discount – Anti-lock brake equipped vehicles are much safer to drive and the ABS can save up to 10%.
• New Car Discount – Buying insurance coverage on a new vehicle can save you some money since new model year vehicles are generally safer.
• Passive Restraints – Cars that have air bags or automatic seat belts may qualify for discounts of 20% or more.

We need to note that most of the big mark downs will not be given to the entire policy premium. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. Despite the fact that it seems like all those discounts means the company will pay you, it’s just not the way it works. Any qualifying discounts will help reduce your overall bill.

Companies and a selection of discounts include:

• Progressive has savings for multi-vehicle, good student, online signing, homeowner, online quote discount, continuous coverage, and multi-policy.
• The Hartford discounts include defensive driver, driver training, bundle, good student, and vehicle fuel type.
• Mercury Insurance includes discounts for age of vehicle, location of vehicle, multi-car, professional/association, low natural disaster claims, accident-free, and ease of repair.
• Geico offers discounts including seat belt use, anti-lock brakes, air bags, driver training, and good student.
• AAA may include discounts for multi-car, good student, pay-in-full, multi-policy, anti-theft, and AAA membership discount.
• State Farm may have discounts that include multiple policy, student away at school, Steer Clear safe driver discount, anti-theft, and passive restraint.

When quoting, ask each company or agent which discounts can lower your rates. A few discounts may not be available in your state.

Do I need special coverages?

When choosing the right insurance coverage for your personal vehicles, there really is no one size fits all plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. For example, these questions might help in determining whether your personal situation may require specific advice.

• How does medical payments coverage work?
• Are rock chip repairs covered?
• What happens if I owe more than my 2013 Honda Fit EV is worth?
• Can my teen drive my company car?
• Am I covered when driving someone else’s vehicle?
• Is pleasure use cheaper than using my 2013 Honda Fit EV to commute?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area.

Coverages available on your policy

Having a good grasp of insurance aids in choosing the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages found on the average insurance policy.

Coverage for liability – This coverage provides protection from injuries or damage you cause to a person or their property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage pays for claims such as court costs, repair costs for stationary objects, repair bills for other people’s vehicles, loss of income and medical expenses. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision coverages – This coverage will pay to fix damage to your Fit EV resulting from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like scraping a guard rail, hitting a parking meter, colliding with a tree, damaging your car on a curb and hitting a mailbox. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.

Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like X-ray expenses, dental work and funeral costs. They can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Coverage applies to both the driver and occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive auto coverage – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, hitting a deer, hail damage and damage from getting keyed. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage provides protection when other motorists either have no liability insurance or not enough. It can pay for injuries to you and your family as well as damage to your Honda Fit EV.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually these limits are set the same as your liablity limits.