Compare 2003 Honda Insight Insurance Rates

Want better car insurance rates? Drivers have options when trying to find the lowest priced Honda Insight insurance. You can either spend your time struggling with agents getting price quotes or leverage the internet to compare rates.

There is a right way and a wrong way to buy car insurance and you need to know the best way to get price quotes on a Honda and get the lowest possible price.

Insurance coverage policy discounts

Auto insurance companies don’t list all available discounts in an easy-to-find place, so the next list breaks down both well-publicized as well as the least known ways to save on insurance coverage.

• Defensive Driver Discounts – Taking a course that instructs on driving safety could cut 5% off your bill if your company offers it.
• Homeowners Pay Less – Owning a house may earn you a small savings because owning a home demonstrates responsibility.
• Air Bag Discount – Options like air bags or motorized seat belts can receive discounts of up to 25% or more.
• Seat Belts Save – Buckling up and requiring all passengers to wear their seat belts can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
• ABS and Traction Control Discounts – Cars with anti-lock braking systems can reduce accidents so companies give up to a 10% discount.
• Drivers Education – Cut your cost by having your teen driver take driver’s ed class as it can save substantially.
• Discount for Multiple Policies – If you can combine your homeowners and auto policy with one company you could earn a discount of approximately 10% to 15%.

As is typical with insurance, most of the big mark downs will not be given to the entire cost. Most only apply to the price of certain insurance coverages like medical payments or collision. Even though it appears you could get a free insurance coverage policy, companies wouldn’t make money that way.

A few of the larger companies and some of the premium reductions they offer can be found below.

• Travelers offers discounts for payment discounts, hybrid/electric vehicle, IntelliDrive, multi-car, new car, student away at school, and early quote.
• 21st Century offers premium reductions for early bird, good student, anti-lock brakes, student driver, automatic seat belts, and homeowners.
• State Farm has discounts for good driver, defensive driving training, safe vehicle, driver’s education, multiple policy, and Steer Clear safe driver discount.
• Geico policyholders can earn discounts including emergency military deployment, anti-lock brakes, membership and employees, anti-theft, and air bags.
• SAFECO may offer discounts for teen safe driver, anti-lock brakes, drive less, accident prevention training, bundle discounts, multi-car, and teen safety rewards.
• AAA offers discounts including pay-in-full, education and occupation, anti-theft, multi-policy, AAA membership discount, good driver, and multi-car.

If you need cheap insurance coverage quotes, ask every prospective company what discounts are available to you. A few discounts might not be available to policyholders in your area. If you would like to choose from a list of companies with the best insurance coverage discounts, click here.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Compare insurance quotes

Most of the larger companies make it easy to get coverage price quotes from their websites. Comparing prices online is quite simple as you just type in the amount of coverage you want as requested by the quote form. After you complete the form, the system automatically retrieves credit information and your driving record and gives you a price quote based on many factors.

Being able to quote online helps simplify price comparisons, but the time it takes to visit multiple sites and fill out multiple forms is repetitive and time-consuming. But it’s also necessary to have as many quotes as possible if you are searching for the lowest possible prices on insurance.

The smarter way to find cheaper rates requires only one form to get prices from multiple companies. It’s a real time-saver, helps eliminate reptitive entry, and makes online price comparison much simpler. After sending the form, it gets priced and you are able to buy any one of the price quotes you receive.

If a lower price is quoted, you can simply submit the application and buy the new coverage. The whole process can be completed in a matter of minutes and you will know how your current rates stack up.

To compare rates now, click here and input your coverage information. To compare your current rates, we recommend you copy your coverages as close as possible to your current policy. Using the same limits helps guarantee you will have rate quotes for similar coverage.

You can change your insurance premiums

When buying insurance it’s important to understand some of the things that aid in calculating the price you pay for insurance. If you know what controls the rates you pay, this allows you to make educated decisions that may reward you with much lower annual insurance costs. Many things are part of the calculation when pricing auto insurance. Some factors are common sense like your driving record, but other factors are more transparent such as your marital status and annual miles driven.

Shown below are a partial list of the pieces utilized by car insurance companies to help set prices.

• Theft deterrents save – Choosing a vehicle with advanced anti-theft systems can get you a discount on your insurance. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping your vehicle from being stolen.
• Buy as much liability insurance as you can afford – The liability section of your policy is the coverage that protects you in the event that you are determined to be liable for physical damage or personal injury to other. Your policy’s liability insurance provides legal defense coverage starting from day one. Liability insurance is quite affordable compared to insuring for physical damage coverage, so do not cut corners here.
• Eliminate unneeded add-on coverages – Policies have add-on coverages that you can buy if you aren’t careful. Insurance for things like rental car reimbursement, accident forgiveness, and additional equipment coverage may not be needed and are just wasting money. The coverages may be enticing when talking to your agent, but if you’ve never needed them in the past eliminate them to save money.
• Safer occupants lowers premiums – Vehicles with high crash test scores are cheaper to insure. These vehicles reduce occupant injuries and better occupant protection means less claims paid and cheaper rates on your policy.
• Bump up deductibles to lower rates – Your deductibles are the amount of money the insured will be required to pay if the claim is covered. Physical damage insurance, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Some coverage claims would be collision with another vehicle, animal collisions, or theft of your vehicle. The more expense you are required to pay out-of-pocket, the lower your rates will be on Insight insurance.
• Higher rates for insurance lapses – Having a gap between insurance policy dates will be a guaranteed way to increase your insurance rates. In addition to paying higher rates, failure to provide proof of insurance might get you a fine, jail time, or a revoked license.

How do I know if I need professional advice?

When it comes to buying the best insurance coverage coverage, there is no “best” method to buy coverage. Everyone’s situation is a little different.

For instance, these questions can help discover whether your personal situation might need professional guidance.

• Is a fancy paint job covered?
• What if I total my 2003 Honda Insight and owe more than it’s worth?
• How high should my uninsured/underinsured coverage be in my state?
• Is my vehicle covered by my employer’s policy when using it for work?
• Should I drop comprehensive coverage on older vehicles?
• Does insurance cover tools stolen from my truck?
• Am I missing any policy discounts?
• Why do I only qualify for high-risk insurance?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form. It only takes a few minutes and may give you better protection.

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Auto insurance coverage information

Knowing the specifics of your policy aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Medical payments coverage and PIP – Med pay and PIP coverage pay for immediate expenses like nursing services, dental work and prosthetic devices. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

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

Comprehensive coverage pays for things such as a broken windshield, hitting a bird, a tree branch falling on your vehicle and hail damage. The most your car insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision coverages – Collision coverage covers damage to your Insight caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for things such as sideswiping another vehicle, damaging your car on a curb, rolling your car and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist coverage – This provides protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Liability insurance – This can cover damage or injury you incur to other’s property or people by causing an accident. It protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

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. Your policy might show limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against things like funeral expenses, emergency aid and pain and suffering. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Shop Smart and Save

We just showed you many tips how you can shop for 2003 Honda Insight insurance online. It’s most important to understand that the more price quotes you have, the better your chances of lowering your rates. You may be surprised to find that the lowest prices are with a small mutual company.

Consumers leave their current company for a number of reasons such as delays in paying claims, high rates after DUI convictions, an unsatisfactory settlement offer or even not issuing a premium refund. Whatever your reason, finding a great new company can be less work than you think.

As you prepare to switch companies, do not reduce needed coverages to save money. There are too many instances where someone dropped uninsured motorist or liability limits to discover at claim time that the small savings ended up costing them much more. Your objective should be to purchase a proper amount of coverage for the lowest price, but don’t skip important coverages to save money.

Other information

• Eight Auto Insurance Myths (Insurance Information Insitute)
• Auto Theft Statistics (Insurance Information Insitute)
• Speed and Speed Limit FAQ (iihs.org)
• Airbag FAQ (iihs.org)

Enter your zip code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption