View 2014 Honda Insight Insurance Cost

Trying to find lower auto insurance rates? Buyers have a choice when searching for the best price on Honda Insight insurance. They can either waste time struggling with agents to get rate comparisons or use the internet to get rate quotes.

There is a better way to compare auto insurance rates so we’re going to tell you the best way to compare rates for a Honda and find the best price possible from local insurance agents and online providers.

Get more affordable insurance costs by understanding these factors

Many factors are part of the calculation when you get your auto insurance bill. Most are fairly basic such as your driving record, although others are not quite as obvious like where you live or how safe your car is.Part of the auto insurance buying process is learning the different types of things that help determine the level of your policy premiums. If you understand what positively or negatively impacts your premiums, this enables informed choices that can help you get much lower annual insurance costs.

  • Being married can save on auto insurance – Having a spouse actually saves money when shopping for auto insurance. Marriage demonstrates that you tend to be more stable financially it has been statistically shown that drivers who are married are more cautious.
  • Save money by having multiple policies – The majority of auto insurance companies will give a discount to clients who have multiple policies with them. It’s known as a multi-policy discount. Discounts can add up to five, ten or even twenty percent. Even with this discount, it’s always a smart idea to comparison shop to help guarantee you have the best rates. You may still save even more by buying insurance from more than one company.
  • Accidents will cost you – Attentive drivers pay less for auto insurance as compared to careless drivers. Having a single ticket can increase rates twenty percent or more. Drivers unfortunate enough to have dangerous tickets such as DUI or reckless driving may be required to prove financial responsibility with their state’s licensing department in order to prevent their license from being revoked.
  • Teen drivers are expensive to insure – Older insureds are shown to be more cautious, cost insurance companies less in claims and receive fewer citations.Drivers with little experience are known to be easily distracted in a vehicle so auto insurance rates are higher.
  • Too many auto insurance claims will drive auto insurance rates up – Auto insurance companies generally give discounts to policyholders who do not file claims often. If you frequently file small claims, you can expect increased rates or even have your policy non-renewed. Insurance coverage is designed for the bigger claims that can’t be paid out-of-pocket.

Cheaper insurance coverage rates with discounts

Car insurance is not cheap, but there are discounts available to cut the cost considerably. A few discounts will automatically apply when you get a quote, but lesser-known reductions have to be specially asked for prior to getting the savings.

  • Waiver for an Accident – This one is not really a discount per se, but a few companies such as State Farm, Progressive and Geico may permit one accident without raising rates so long as you are claim-free for a certain period of time.
  • Save with a New Car – Buying a new car instead of a used car can save up to 30% compared to insuring an older model.
  • Accident Free – Drivers who stay claim-free are rewarded with significantly better rates on car insurance quote in comparison with frequent claim filers.
  • Discount for Life Insurance – Select insurance coverage companies reward you with lower insurance coveragerates if you buy a life insurance policy as well.
  • Government Employees – Having worked for a branch of the government can save as much as 8% on Insight coverage depending on your insurance coverage provider.
  • Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems could see savings up to 30%.

Discounts reduce rates, but you should keep in mind that most discount credits are not given to the entire policy premium. Most only cut the price of certain insurance coverages like comp or med pay. If you do the math and it seems like all the discounts add up to a free policy, nobody gets a free ride.

A few companies that may offer policyholders many of the previously listed discounts may include but are not limited to:

Check with every company how many discounts you can get. Some discounts may not apply to policies in your area. If you would like to choose from a list of insurance coverage companies that offer the discounts shown above, click here to view.

Tricks in car insurance advertising

Drivers can’t ignore all the ads for car insurance savings by companies like Allstate and Progressive. They all seem to advertise claims that you can save if you move your car insurance policy to them.

How is it plausible that every one can lower your auto insurance rates? It’s all in the numbers.

Many companies have specific criteria for the type of driver that will be a good risk. For instance, a profitable insured could possibly be over the age of 50, owns a home, and chooses high deductibles. A propective insured that matches those criteria will get low auto insurance rates and therefore will save when switching.

People who do not fit these standards will probably have to pay higher premium rates which usually ends up with the driver buying from a lower-cost company. If you listen closely, the ads state “people that switch” not “everyone that quotes” can get the lowest rates when switching. That is how companies can make those statements.

Because of this risk profiling, it is so important to compare quotes as often as possible. It is impossible to predict the company that will have the lowest prices for your situation.

Tailor your car insurance coverage to you

When choosing the right insurance coverage, there really is not a best way to insure your cars. Every situation is different.

For instance, these questions might help in determining whether or not you could use an agent’s help.

  • Do I need replacement cost coverage?
  • Will I lose any money if I cancel my policy before it expires?
  • Does insurance cover tools stolen from my truck?
  • How can I force my company to pay a claim?
  • What is PIP insurance?
  • Is my 2014 Honda Insight covered for smoke damage?
  • Should I buy more coverage than the required minimum liability coverage?
  • How high should my medical payments coverage be?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Car insurance coverage information

Learning about specific coverages of a insurance policy helps when choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Collision – This coverage pays to fix your vehicle from damage caused by collision with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as hitting a mailbox, colliding with another moving vehicle and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and also any damage incurred to your Honda Insight.

Since a lot of drivers 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 is very important. Most of the time these limits are similar to your liability insurance amounts.

Liability auto insurance – This protects you from damage that occurs to other people or property in an accident. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Some companies may use a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability can pay for claims such as funeral expenses, repair costs for stationary objects and loss of income. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Medical expense coverage – Med pay and PIP coverage pay for short-term medical expenses such as chiropractic care, pain medications and ambulance fees. They can be utilized in addition to your health insurance policy or if you do not have health coverage. It covers both the driver and occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive protection – Comprehensive insurance pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like falling objects, a broken windshield, vandalism, hail damage and damage from a tornado or hurricane. The highest amount your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Quote more, save more

When you buy car insurance online, it’s very important that you do not reduce needed coverages to save money. In too many instances, someone dropped physical damage coverage and learned later they didn’t purchase enough coverage. Your objective should be to buy enough coverage at a price you can afford while still protecting your assets.

We just presented some good ideas how you can save on 2014 Honda Insight insurance. It’s most important to understand that the more price quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the lowest rates come from a small local company.

Lower-priced car insurance can be sourced from both online companies in addition to local insurance agencies, and you need to price shop both to have the best chance of lowering rates. Some companies may not have the ability to get quotes online and usually these smaller providers work with local independent agencies.

For more information, take a look at these articles: