Want lower car insurance rates for your Honda Pilot? Are you a victim of overpriced car insurance? You’re preaching to the choir because there are many people just like you. Since you have so many companies to choose from, it can be hard to choose the lowest price car insurance company.
It’s a good idea to take a look at other company’s rates once or twice a year because car insurance prices trend upward over time. Just because you found the lowest price on Pilot coverage last year you will most likely find a better rate today. There are lots of tips to save on car insurance online, but in a few minutes you can learn some good information on how to put money back in your pocket.
Finding affordable coverage is easy if you know what you’re doing. If you have insurance now or need new coverage, you can use these tips to find the best rates while maximizing coverage. Vehicle owners just need to understand the proper methods to shop their coverage around online.
Car insurance is expensive, but there could be significant discounts to reduce the price significantly. Some discounts apply automatically at the time of quoting, but some need to be requested specifically prior to receiving the credit. If you’re not getting every credit possible, you could be getting lower rates.
Don’t be surprised that some of the credits will not apply to the entire policy premium. Most only apply to individual premiums such as collision or personal injury protection. So when it seems like it’s possible to get free car insurance, companies don’t profit that way. But any discount will cut your policy premiums.
A few of the larger companies and a selection of discounts are shown below.
If you are trying to find cheaper insurance quotes, ask every company how you can save money. A few discounts may not be available everywhere. To choose car insurance companies that offer some of these discounts, click here to view.
Comparing car insurance rates can take hours if you don’t know the most efficient way to do it. You can waste a few hours (or days) talking to local insurance agents in your area, or you could save time and use online quotes to maximize your effort.
Most of the larger companies take part in a program that allows shoppers to submit their information once, and each participating company can provide price quotes based on the submitted data. This system prevents you from having to do quote requests to each individual car insurance company. To participate in this free quote system, click to open in new window.
The only downside to doing it this way is you can’t choose which providers you want pricing from. So if you want to choose specific insurance companies to compare prices, we have a page of companies who write car insurance in your area. View list of insurance companies.
Compare rates however you want, just double check that you are using identical deductibles and coverage limits for every quote you compare. If each company quotes different data it will be very difficult to make a fair rate comparison.
Lots of factors are considered when quoting car insurance. Some are pretty understandable such as your driving history, but other criteria are less obvious like your vehicle usage or how financially stable you are.
The list below includes a few of the things companies use to determine prices.
When buying the right insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Every situation is different and a cookie cutter policy won’t apply. For example, these questions may help you determine whether or not you might need an agent’s assistance.
If it’s difficult to answer those questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.
Consumers can’t escape the ads for insurance savings from companies such as Allstate, Geico and Progressive. All the ads state the claim that you’ll save big after switching to them.
But how can every company make almost identical claims? This is the way they can do it.
Many companies quote the lowest rates for the right customer that earns them the most money. A good example of this type of insured could be a mature driver, has no driving citations, and the vehicle is rated for pleasure use. Anybody who matches that profile receive the lowest rate quotes and will also cut their rates substantially.
People who are not a match for this stringent profile will be quoted higher prices which results in the prospect going elsewhere. The ads state “people who switch” not “everyone who quotes” save that much money. That’s the way companies can truthfully make it sound like they have such great rates. Because each company has a different risk profile, you absolutely need to get a wide range of price quotes. Because without a comparison, you cannot know the company that will provide you with the cheapest prices.
Learning about specific coverages of your policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverages found on the average insurance policy.
Comprehensive coverages – This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for claims such as a broken windshield, damage from a tornado or hurricane and falling objects. The most your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.
Collision coverages – This covers damage to your Pilot from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for things such as backing into a parked car, colliding with a tree and hitting a parking meter. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. You can also bump up the deductible to bring the cost down.
Coverage for medical payments – Med pay and PIP coverage kick in for short-term medical expenses for things like X-ray expenses, prosthetic devices, surgery, nursing services and dental work. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible
Liability coverage – This provides protection from damage or injury you incur to other’s property or people. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.
Liability insurance covers things such as bail bonds, structural damage and repair bills for other people’s vehicles. How much coverage you buy is your choice, but it’s cheap coverage so purchase as large an amount as possible.
Uninsured and underinsured coverage – This protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your 2014 Honda Pilot.
Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
As you go through the steps to switch your coverage, you should never sacrifice coverage to reduce premiums. There are a lot of situations where an insured cut full coverage only to discover later that it was a big error on their part. Your strategy should be to purchase plenty of coverage at the best price, but don’t skip important coverages to save money.
Some insurance companies do not provide internet price quotes and many times these regional carriers prefer to sell through local independent agents. More affordable insurance can be sourced online and with local insurance agents, and you should compare rates from both to have the best rate selection.
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