Save on 2006 Honda Insight Car Insurance Rates

Searching for better insurance prices for a new or used Honda Insight can normally be difficult, but you can learn the following methods to make it easier.

There are both good and bad ways to find auto insurance online so we’re going to tell you the quickest way to get price quotes on a Honda and locate the cheapest rates either online or from local insurance agents.

Drivers can save with these discounts

Not too many consumers would say insurance coverage is affordable, but there could be significant discounts to reduce the price significantly. Some discounts will apply at the time of quoting, but a few must be asked for prior to getting the savings.

• No Claims – Insureds with no claims or accidents pay less in comparison with accident-prone drivers.
• No Charge for an Accident – Not a discount per se, but some companies like Allstate and Geico will let one accident slide before they charge you more for coverage so long as you are claim-free for a certain period of time.
• Driver Training Discounts – Passing a course teaching defensive driving skills could possibly earn you a 5% discount and also improve your driving technique.
• Military Deployment Discount – Having an actively deployed family member could mean lower rates.
• E-sign – A few insurance coverage companies provide a small discount for buying your policy on the internet.

You should keep in mind that most credits do not apply the the whole policy. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. Despite the appearance that it’s possible to get free car insurance, that’s just not realistic. But all discounts will definitely lower the amount you have to pay.

Larger insurance coverage companies and the discounts they provide can be read below.

• Geico may have discounts that include multi-policy, good student, driver training, air bags, anti-theft, defensive driver, and membership and employees.
• SAFECO may offer discounts for anti-lock brakes, safe driver, bundle discounts, multi-car, teen safe driver, and homeowner.
• State Farm includes discounts for multiple policy, anti-theft, multiple autos, good driver, and accident-free.
• MetLife discounts include good driver, claim-free, multi-policy, good student, and accident-free.
• 21st Century may include discounts for theft prevention, air bags, homeowners, 55 and older, and early bird.
• Progressive has savings for online quote discount, good student, homeowner, multi-policy, multi-vehicle, continuous coverage, and online signing.

When comparing rates, check with every insurance company which discounts you may be entitled to. Savings may not apply in every state. To view companies offering insurance coverage discounts, click this link.

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

 Secured with SHA-256 Encryption

How much is insurance coverage?

Lowering your 2006 Honda Insight insurance coverage rates is not a difficult process. All you need to do is take the time comparing price quotes from some recommended companies. This can be done in a couple of different ways.

• The easiest and least time consuming way to find low rates is an all-inclusive rate comparison like this one (opens in new window). This method saves time by eliminating repetitive form submissions for every company. Just one form will return quotes direct from many companies. It’s definitely the quickest method.
• A slightly less efficient method to analyze rates is spending the time to visit the website for every company you want to comare and fill out their own quote form. For examples sake, we’ll pretend you want to compare rates from Liberty Mutual, Geico and Travelers. To get each rate you have to navigate to each company’s site to enter the same coverage data repeatedly, which explains why we recommend starting with the first method. For a list of links to companies insuring cars in your area, click here.

It’s up to you which method you use, but ensure you are comparing the exact same quote data for every quote you compare. If you use different limits and deductibles on each one it will be nearly impossible to make a fair comparison for your Honda Insight.

How insurers calculate Honda Insight insurance costs

One of the most helpful ways to save on insurance coverage is to to have a grasp of some of the elements that play a part in calculating your insurance coverage rates. When you understand what influences your rates, this empowers consumers to make smart changes that could result in lower premium levels. Many different elements are part of the calculation when premium rates are determined. Some are obvious like your driving record, although others are less obvious like your continuous coverage or how financially stable you are.

• Frequent claims will cost more – Companies provide most affordable rates to policyholders who do not rely on their insurance for small claims. If you’re an insured who likes to file claims you can definitely plan on higher premiums or even policy non-renewal. Your car insurance is intended to be relied upon for more catestrophic claims.
• Save money by eliminating add-on coverages – There are a ton of additional extra coverages that can add up but may not be useful. Coverage for things like roadside assistance, high-cost glass coverage, and extra life insurance coverage are some examples. These may sound like a good investment initially, but your needs may have changed so remove them and pocket the money.
• Drivers with excellent credit save – Having a bad credit history can be a huge factor in your rate calculation. Drivers who have very good credit scores tend to be more responsible and file fewer claims as compared to drivers with poor credit scores. Therefore, if your credit is not that good, you could potentially save money when insuring your 2006 Honda Insight by improving your rating.
• Your location is a factor – Choosing to live in small towns and rural areas can save you money if you are looking for the lowest rates. People in densly populated areas regularly have more auto accidents and much longer commute distances. Fewer people means a lower chance of having an accident and a lower car theft rate.
• Insurance coverage rates and your vocation – Did you know that where you work can have an impact on rates? Occupational choices like fire fightersairline pilots and stock brokers usually pay higher average rates due to intense work requirements and lengthy work days. Conversely, professions such as actors, historians and retirees generally pay rates lower than average on Insight coverage.
• Buy as much liability as you can afford – A critical coverage on your policy, liability insurance kicks in when a court rules you are at fault for damages caused by your negligence. It provides legal defense to attempt to prove you were not liable. This coverage is relatively inexpensive compared to comp and collision, so do not skimp.

Special considerations

When buying coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone’s situation is a little different.

For example, these questions can aid in determining if you might need professional guidance.

• Should I have combined single limit or split liability limits?
• What is covered by UM/UIM coverage?
• Will my insurance pay for OEM parts?
• What is an SR-22 filing?
• How many claims can I have before being cancelled?
• What are the best liability limits?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed agent. To find an agent in your area, take a second and complete this form. It is quick, free and can help protect your family.

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

 Secured with SHA-256 Encryption

Slick advertising tricks that work

Consumers can’t get away from ads that promise big savings by State Farm and Allstate. All the companies state the claim about how much you will save if you just switch your policy.

Is it even possible that every company can have lower policy pricing? This is the trick they use.

Insurance companies have specific guidelines for the type of insured that will generate a profit. For example, a profitable insured might be over age 30, has few claims, and the vehicle is rated for pleasure use. Any new insured who matches that profile receive the lowest rate quotes and most likely will pay quite a bit less when switching companies.

People who are not a match for this ideal profile may be required to pay higher rates which usually ends up with business not being written. The trick companies use is to say “drivers that switch” not “all people who quote” can save as much as they claim. That is how companies can make those statements.

This really illustrates why you absolutely need to get insurance quotes as often as possible. Because you never know which company will fit your personal profile best.

Insurance specifics

Knowing the specifics of your policy aids in choosing appropriate coverage and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring.

Comprehensive or Other Than Collision

This coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like fire damage, hitting a bird, damage from getting keyed and a broken windshield. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision coverage

This will pay to fix damage to your Insight caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like hitting a mailbox, sustaining damage from a pot hole, driving through your garage door and hitting a parking meter. This coverage can be expensive, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for expenses like X-ray expenses, pain medications and ambulance fees. They can be used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

UM/UIM Coverage

This protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as damage to your 2006 Honda Insight.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Frequently these limits are set the same as your liablity limits.

Liability

Liability coverage can cover damages or injuries you inflict on a person or their property by causing an accident. It protects you from legal claims by others, and 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. As an example, you may have limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like medical expenses, medical services, attorney fees and pain and suffering. How much liability should you purchase? That is your choice, but buy as large an amount as possible.

Shop. Compare. Save.

You just learned a lot of tips how to reduce 2006 Honda Insight insurance rates online. The key concept to understand is the more rate quotes you have, the better chance you’ll have of finding low cost insurance. Consumers could even find that the most savings is with an unexpected company.

Insureds who switch companies do it for any number of reasons including an unsatisfactory settlement offer, extreme rates for teen drivers, high rates after DUI convictions or policy non-renewal. It doesn’t matter why you want to switch choosing a new company is actually quite simple.

When buying insurance coverage, never skimp on coverage in order to save money. In many cases, drivers have reduced full coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal should be to buy enough coverage for the lowest cost, but do not sacrifice coverage to save money.

More detailed insurance coverage information is available in the articles below:

• What Determines the Price of My Auto Insurance Policy? (Insurance Information Insitute)
• Speed and Speed Limit FAQ (iihs.org)
• Rental Reimbursement Coverage (Allstate)
• Eight Auto Insurance Myths (Insurance Information Insitute)
• Red Light Cameras (State Farm)

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

 Secured with SHA-256 Encryption