2004 Honda Insight Insurance Rates – 6 Ideas for Best Quotes

Having to pay for pricey Honda Insight insurance can overdraw your personal savings and force you to tighten up your finances. Doing a price comparison can lower your rates and help to make sure you’re not throwing money away.

Due to the fact that there are so many choices, it can be hard to find the lowest cost company.

These six discounts can lower your auto insurance quotes

The cost of insuring your cars can be expensive, but you might already qualify for some discounts that can help lower your rates. Certain credits will be shown at the time you complete a quote, but occassionally some discounts must be asked for before they will apply.

• Homeowners Savings – Being a homeowner can get you a discount because it demonstrates responsibility.
• Paperwork-free – Some of the larger companies may give you up to $50 for buying your policy on the web.
• ABS Brakes – Cars and trucks equipped with ABS or steering control are much safer to drive and qualify for as much as a 10% discount.
• Discounts for Federal Employees – Having worked for a branch of the government can earn a discount up to 10% on Insight coverage with certain companies.
• Defensive Driver – Successfully completing a defensive driver class could save 5% or more if your company offers it.
• Include Life Insurance and Save – Auto insurance companies who offer life insurance give a lower rate if you buy life insurance.

As a sidenote, most of the big mark downs will not be given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears all those discounts means the company will pay you, nobody gets a free ride.

For a list of insurance companies with the best auto insurance discounts, click this link.

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

 Secured with SHA-256 Encryption

Different people need different auto insurance coverages

When buying the best auto insurance coverage, there really is no “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance needs to address that. For instance, these questions could help you determine if you may require specific advice.

• Am I covered when pulling a rental trailer?
• What is medical payments coverage?
• Should I have combined single limit or split liability limits?
• Does my 2004 Honda Insight qualify for pleasure use?
• How do I buy GAP insurance?
• When should I drop full coverage on my 2004 Honda Insight?

If you’re not sure about those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

Car insurance ads are enticing

Consumers can’t avoid all the ads that claim the lowest premium rates by companies like Allstate, Geico and Progressive. They all make the same claim that people will save if you change your car insurance policy to them.

Is it even possible that every company can save you money? Just pay attention to how they say it.

Insurance providers are able to cherry pick for the type of customer that is profitable for them. An example of a profitable customer could possibly be over the age of 40, has had continuous coverage, and drives less than 10,000 miles a year. Any driver that matches those criteria will get a cheap rate quote and therefore will save money with a new company.

Potential insureds who do not meet this ideal profile may be forced to pay a more expensive rate with the end result being the driver buying from a lower-cost company. The wording the ads use say “drivers who switch” not “everybody who quotes” can get the lowest rates when switching. That is how companies can truthfully make it sound like they have such great rates. Different companies use different criteria so it is so important to get auto insurance quotes from several different companies. It is impossible to guess which company will have the lowest prices for your situation.

Coverages available on your policy

Understanding the coverages of a insurance policy helps when choosing the best coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on most insurance policies.

Collision insurance

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as crashing into a building, hitting a mailbox and crashing into a ditch. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. It can pay for medical payments for you and your occupants and also any damage incurred to your Honda Insight.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Liability insurance

Liability insurance protects you from injuries or damage you cause to people or other property by causing an accident. It protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against claims like repair costs for stationary objects, medical expenses, structural damage and bail bonds. The amount of liability coverage you purchase is a personal decision, but buy as much as you can afford.

Comprehensive coverages

This coverage covers damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as a broken windshield, a tree branch falling on your vehicle, damage from flooding, hitting a deer and hail damage. The most a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Coverage for medical payments

Med pay and PIP coverage pay for expenses for funeral costs, rehabilitation expenses and X-ray expenses. They are used to fill the gap from your health insurance program or if you lack health insurance entirely. They cover you and your occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

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

 Secured with SHA-256 Encryption

At the end of the day…

Cost effective 2004 Honda Insight insurance can be sourced both online in addition to local insurance agencies, and you should compare rates from both to have the best selection. Some companies may not provide rates over the internet and usually these small insurance companies sell through independent insurance agents.

We just showed you a lot of techniques to lower your 2004 Honda Insight insurance rates. The most important thing to understand is the more providers you compare, the better your chances of lowering your car insurance rates. You may even discover the best rates are with a lesser-known regional company. These smaller insurers often have lower car insurance rates on specific markets than their larger competitors like State Farm, Geico and Nationwide.

Helpful resources

• Driving in Bad Weather (Insurance Information Insitute)
• Cellphones, Texting and Driving (iihs.org)
• Electronic Stability Control FAQ (iihs.org)
• Comprehensive Coverage (Liberty Mutual)

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

 Secured with SHA-256 Encryption