Save on 2014 Honda Fit EV Insurance Quotes

Trying to find cheaper auto insurance rates for your Honda Fit EV? No sane person likes having to buy auto insurance, especially when they know the cost is too high. Vehicle owners have so many car insurance companies to choose from, and although it’s a good thing to have multiple companies, too many choices makes it more difficult to locate the cheapest rates.

It’s important to get comparison quotes on a regular basis because insurance prices tend to go up over time. Despite the fact that you may have had the lowest rates on Fit EV insurance two years ago you can probably find a lower rate today. You can find a lot of wrong information about auto insurance out there, but by reading this article, you’re going to learn some of the best techniques to reduce your auto insurance bill.

Locating affordable coverage is easy if you know what you’re doing. If you have a current insurance policy or are shopping for new coverage, you will benefit by learning to find better prices and still get good coverage. Consumers just need to understand the most effective way to shop their coverage around online.

Auto insurance policy discounts

Not too many consumers would say auto insurance is affordable, but you may find discounts to help offset the cost. Certain discounts will be applied at the time you complete a quote, but some must be manually applied before you get the savings. If you don’t get every credit available, you could be getting lower rates.

  • Distant Student Discount – College-age children who are enrolled in a college that is more than 100 miles from home and do not have access to a covered vehicle could get you a discount.
  • No Claims – Drivers who stay claim-free can earn big discounts as opposed to bad drivers.
  • Military Rewards – Having a family member in the military could mean lower auto insurance rates.
  • Good Student – Maintaining excellent grades could provide a savings of up to 20% or more. The good student discount can last up until you turn 25.
  • Safety Course Discount – Taking time to complete a safe driver class can save you 5% or more and easily pay for the cost of the class.
  • Low Miles Discount – Low annual miles may enable drivers to earn lower auto insurancerates on the low mileage vehicles.

Drivers should understand that most discount credits are not given the the whole policy. Most only cut individual premiums such as liability, collision or medical payments. Even though it appears it’s possible to get free car insurance, you’re out of luck. But all discounts will lower your policy premiums.

Car insurance companies that may offer these money-saving discounts include:

It’s a good idea to ask every insurance company what discounts are available to you. Some discounts may not apply in your area. For a list of auto insurance companies offering auto insurance discounts, click here.

How to buy insurance online

Shopping for lower insurance rates can take time and effort if you aren’t aware of the best way to get rate quotes. You could spend your day driving to agents in your area, or you could use online quotes to maximize your effort.

All the larger companies take part in a program where prospective buyers submit their information once, and every company returns a rated price. This prevents consumers from doing form submissions to each individual insurance company.

To get comparison pricing now click here (opens in new window).

The single downside to getting quotes like this is that consumers can’t choose which companies you want to price. If you prefer to choose specific insurance companies to receive pricing from, we have assembled a list of low cost insurance companies in your area. View list of insurance companies.

It’s your choice how you get your quotes, but do your best to use the exact same quote data with every price quote. If your comparisons have different limits and deductibles on each one it will be very difficult to make a fair comparison for your Honda Fit EV.

How car insurance companies determine Honda Fit EV insurance prices

Consumers need to have an understanding of some of the things that are used to determine your policy premiums. If you understand what determines premiums, this helps enable you to make changes that may result in lower rates. Lots of factors are taken into consideration when you quote your car insurance policy. Some of the criteria are obvious like your driving record, although others are less apparent such as whether you are married or how safe your car is.

The factors shown below are some of the major factors that factor into your prices.

  • Single drivers take more risk – Having a spouse actually saves money when buying insurance coverage. It usually means you are more financially stable and statistics prove drivers who are married file infrequent claims.
  • Do you really need the extra policy coverages? – Policies have extra add-on coverages that may not really be needed if you aren’t careful. Coverage for things like rental car reimbursement, accidental death, and motor club memberships are examples of these. These coverages may sound good when talking to your agent, but your money might be better spent on other coverage so remove them and pocket the money.
  • Vehicles with better crash test results means cheaper insurance – Safer cars cost less to insure. Safer cars help reduce the chance of injuries in an accident and fewer injuries translates directly to fewer claims which can mean better rates for you.
  • Good credit saves on insurance coverage – Having a good credit score can be a huge factor in calculating your premium rate. If your credit rating can use some improvement, you may save money insuring your 2014 Honda Fit EV if you improve your credit rating. People that have good credit tend to be more responsible than drivers who have bad credit.
  • Better drivers pay less – Drivers with clean records pay lower auto insurance prices than people who have multiple driving citations. Even a single ticket can increase the cost of insurance twenty percent or more. Drivers who get multiple tickets like reckless driving, hit and run or driving under the influence may face state-mandated requirements to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to prevent a license revocation.
  • Insure car and home with the same company – Most companies will give lower prices to buyers that purchase more than one policy in the form of a multi-policy discount. Even if you’re getting this discount it’s always a smart idea to get quotes from other companies to guarantee you are still saving the most.
  • Consider raising physical damage deductibles – Insurance for physical damage, also called ‘full coverage’, is used to repair damage to your vehicle. A few examples of covered claims could be running into the backend of another car, damage from fire, or theft. The deductibles you choose are how much you are willing to pay before a claim is paid by your company. The more expense you have to pay, the better rate you will receive on Fit EV insurance.

How do I know if I need professional advice?

When it comes to choosing coverage, there is no single plan that fits everyone. Each situation is unique so your insurance should reflect that Here are some questions about coverages that can aid in determining whether or not you might need an agent’s assistance.

  • Do I need PIP coverage since I have good health insurance?
  • How do I insure my teen driver?
  • When would I need additional glass coverage?
  • Am I covered when driving a rental car?
  • Am I covered if I drive in a foreign country?
  • Is my teen driver covered when they drive my company car?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.

Parts of your insurance policy

Having a good grasp of your insurance policy helps when choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverages found on most insurance policies.

Collision insurance

This coverage covers damage to your Fit EV caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for things such as crashing into a building, driving through your garage door, hitting a parking meter, rolling your car and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to bump up the deductible to bring the cost down.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage pay for bills such as dental work, nursing services and chiropractic care. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Comprehensive insurance

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like falling objects, theft, a broken windshield, a tree branch falling on your vehicle and hail damage. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability insurance

Liability coverage can cover damage or injury you incur to a person or their property in an accident. This insurance protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Another option is a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as emergency aid, repair costs for stationary objects, legal defense fees and structural damage. How much liability coverage do you need? That is a personal decision, but you should buy higher limits if possible.

Coverage for uninsured or underinsured drivers

This coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Honda Fit EV.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Keep this in mind

We just covered some good ideas how you can lower your 2014 Honda Fit EV insurance premium rates. It’s most important to understand that the more quotes you get, the better your comparison will be. Drivers may discover the most savings is with some of the smallest insurance companies. Some small companies often have lower prices on specific markets compared to the large companies like Progressive and Geico.

Cheaper 2014 Honda Fit EV insurance can be sourced online as well as from independent agents, so get free insurance quotes from both of them to have the best rate selection. There are still a few companies who may not provide rate quotes online and many times these smaller companies provide coverage only through independent agencies.

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