2016 Honda Fit Insurance Quotes – 9 Ways to Save

Trying to find better car insurance rates for your Honda Fit? Paying for high-priced Honda Fit insurance can consume your savings and require stricter spending habits. Online insurance companies like Geico, Progressive and Allstate persitently shower you with TV and radio ads and consumers find it hard to ignore the flying pigs and cute green geckos and find the best price available.

How to compare auto insurance quotes

There are multiple methods to shop for auto insurance, and some are more efficient than others. You can waste hours talking about coverages with local insurance agents in your area, or you could use the web to get pricing more quickly.

Most of the larger companies participate in a marketplace that allows shoppers to enter their policy data once, and at least one company can give them a price based on that data. This prevents consumers from doing repetitive form submissions for each company.

To enter your information into the quoting system, click to open in new window.

The only downside to pricing coverage this way is you cannot specify the providers you want to price. So if you want to choose individual companies to compare, we put together a list of companies who write auto insurance in your area. View list of insurance companies.

It’s your choice how you get your quotes, but be sure you’re using equivalent coverage information on every quote you get. If the quotes have different coverage information it will be nearly impossible to find the best deal for your Honda Fit.

Are you falling for claims of savings?

Drivers get pounded daily by advertisements for the lowest price car insurance by companies like 21st Century, Allstate and State Farm. All the companies seem to make the promise that you can save after switching your coverage to them.

But how can every company charge less that you’re paying now? It’s all in how they say it.

All companies can use profiling for the type of driver that makes them money. A good example of a profitable insured should be between the ages of 40 and 55, has no claims, and has a high credit rating. A driver who meets those qualifications will most likely get cheap prices as well as cut their rates if they switch.

People who do not match those criteria will be charged higher prices which usually ends up with the customer buying from someone else. The trick is to say “customers that switch” but not “all drivers who get quotes” save money. That’s why insurance companies can confidently advertise the way they do.

This really illustrates why you really should get a wide range of price quotes. Because you cannot predict which company will be your best fit.

Get affordable rates with these nine insurance coverage discounts

The cost of insuring your cars can be expensive, but you might already qualify for some discounts that can dramatically reduce your bill. A few discounts will be applied when you get a quote, but lesser-known reductions have to be asked about before you will receive the discount.

  • Policy Bundle Discount – If you insure your home and vehicles and place coverage with the same company you could save 10% to 20% off each policy.
  • Discount for Good Grades – Performing well in school can be rewarded with saving of up to 25%. Most companies allow this discount up until you turn 25.
  • Online Discount – A handful of insurance coverage companies give back up to $50 simply for signing over the internet.
  • Government Employee Discount – Active or former government employment could provide a small rate reduction on Fit insurance depending on your insurance coverage provider.
  • No Charge for an Accident – but some companies like Liberty Mutual and Geico will turn a blind eye to one accident before they charge you more for coverage if you are claim-free for a particular time prior to the accident.
  • ABS Brakes – Anti-lock brake equipped vehicles can reduce accidents and will save you 10% or more.
  • Defensive Driver Discounts – Participating in a class that teaches defensive driver techniques could save 5% or more if you qualify.
  • Theft Deterent Discount – Vehicles that have factory alarm systems and tracking devices can help prevent theft and will save you 10% or more.
  • Homeowners Discount – Simply owning a home can get you a discount because it requires personal responsibility.

A little note about advertised discounts, most of the big mark downs will not be given the the whole policy. Some only apply to the cost of specific coverages such as comprehensive or collision. So despite the fact that it appears having all the discounts means you get insurance for free, companies don’t profit that way. But all discounts will help lower your premiums.

A few of the larger companies and some of the discounts are detailed below.

  • Geico has savings for membership and employees, daytime running lights, defensive driver, anti-theft, multi-policy, five-year accident-free, and multi-vehicle.
  • USAA offers discounts including driver training, multi-vehicle, family discount, good student, and safe driver.
  • Progressive offers premium reductions for homeowner, online signing, good student, continuous coverage, and multi-policy.
  • American Family policyholders can earn discounts including TimeAway discount, good driver, accident-free, multi-vehicle, mySafetyValet, and air bags.
  • Esurance has discounts for Pac-12 alumni, DriveSense, Switch & Save, emergency road assistance, and anti-lock brakes.
  • Farmers Insurance may include discounts for youthful driver, early shopping, alternative fuel, switch companies, and homeowner.
  • State Farm includes discounts for accident-free, multiple policy, Drive Safe & Save, good student, student away at school, and passive restraint.

If you are trying to find cheaper insurance quotes, ask each insurance company what discounts are available to you. Some credits might not be offered in your state. To choose providers who offer discounts, click here to view.

Insurance coverage can get complicated

When it comes to buying the best insurance coverage coverage, there is no “best” method to buy coverage. Every situation is different so your insurance should reflect that For instance, these questions may help highlight whether you may require specific advice.

  • How do I buy GAP insurance?
  • Does coverage extend to Mexico or Canada?
  • Do I need medical payments coverage since I have good health insurance?
  • Am I missing any policy discounts?
  • Can my teen driver be rated on a liability-only vehicle?
  • Should I have a commercial auto policy?
  • How high should my uninsured/underinsured coverage be in my state?
  • Does my policy cover my teen driver if they drive my company car?
  • Do I need rental car coverage?
  • Does insurance cover damages from a DUI accident?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.

Car insurance coverages for a 2016 Honda Fit

Knowing the specifics of your insurance policy helps when choosing which coverages you need for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring. Below you’ll find typical coverages offered by insurance companies.

Coverage for medical expenses – Medical payments and Personal Injury Protection insurance kick in for expenses for ambulance fees, prosthetic devices, rehabilitation expenses, nursing services and X-ray expenses. They can be used in conjunction with a health insurance program or if you lack health insurance entirely. They cover you and your occupants and also covers if you are hit as a while walking down the street. PIP is only offered in select states and may carry a deductible

Auto liability – This coverage will cover damage or injury you incur to people or other property in an accident. This insurance protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Another option is a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims such as medical expenses, bail bonds and structural damage. How much liability coverage do you need? That is a personal decision, but buy as large an amount as possible.

Collision coverage – Collision coverage pays for damage to your Fit caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for things like damaging your car on a curb, hitting a mailbox, crashing into a ditch, colliding with a tree and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible to bring the cost down.

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2016 Honda Fit.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Most of the time these coverages do not exceed the liability coverage limits.

Comprehensive insurance – This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like damage from getting keyed, falling objects, hitting a deer and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Knowledge is power

Cost effective 2016 Honda Fit insurance can be found from both online companies and with local insurance agents, so you should be comparing quotes from both to have the best rate selection. There are still a few companies who may not provide price quotes online and these regional insurance providers only sell through local independent agencies.

We just showed you many ways to shop for 2016 Honda Fit insurance online. The most important thing to understand is the more companies you get premium rates for, the better your comparison will be. Consumers could even find that the best price on insurance coverage is with some of the lesser-known companies. These smaller insurers may only write in your state and offer lower premium rates than their larger competitors like State Farm and Allstate.

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