1994 Honda Prelude Car Insurance Cost – 7 Policy Discounts

No one likes paying for insurance, especially knowing the prices are way too high.

With people having so many insurance companies to choose from, it can be hard to find a more affordable insurer.

It is always a good idea to quote other rates periodically because insurance prices change frequently. Just because you had the best price on Prelude coverage on your last policy there may be better deals available now. You’ll find a ton of advice on insurance on the internet, but we’re going to give you some proven techniques to find cheap insurance.

The purpose of this article is to familiarize you with the best way to quote coverages and some money-saving tips. If you have car insurance now, you will most likely be able to reduce your rates substantially using these methods. Nevertheless, drivers must learn how companies price insurance differently and apply this information to your search.

Shop car insurance online

All major car insurance companies like State Farm, Geico and Progressive make it easy to get pricing direct online. Getting quotes doesn’t take much effort because you just enter the coverages you want into the quote form. Once entered, their system orders your driving record and credit report and quotes a price based on these and other factors. Being able to quote online makes it a lot easier to compare rates but the work required to visit a lot of sites and fill out multiple forms can get tiresome after awhile. But it’s very important to perform this step if you want to find the lowest possible prices on car insurance.

A less time-consuming method to locate the lowest prices makes use of a single form that gets price quotes from many companies. The form is fast, reduces the work, and makes rate comparisons a little more enjoyable. Immediately after submitting the form, your coverage is rated with multiple companies and you can pick your choice of the quotes that you receive.

If you find a better price you can click and sign and buy the new coverage. The whole process takes 15 minutes at the most and you’ll know if lower rates are available.

In order to find out how much you can save on car insurance, click here to open in a new tab and input your coverage information. If you have a policy now, it’s recommended you duplicate the coverages as shown on your current policy. This ensures you will receive rate quotes for exact coverage.

Do I need special coverages?

When buying proper insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions might help in determining whether or not you would benefit from an agent’s advice.

• Where can I find high-risk insurance?
• Can I afford to pay high deductible claims out of pocket?
• What can I do if my company denied a claim?
• Should I rate my 1994 Honda Prelude as pleasure use or commute?
• What is covered by UM/UIM coverage?
• How does medical payments coverage work?
• How much liability coverage do I need in my state?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies.

Car insurance coverage options for a 1994 Honda Prelude

Understanding the coverages of your policy can help you determine which coverages you need for your vehicles. Policy terminology can be impossible to understand and coverage can change by endorsement. These are typical coverage types offered by car insurance companies.

Comprehensive protection – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, hail damage, damage from getting keyed and hitting a bird. The maximum amount your car insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision – This pays to fix your vehicle from damage resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as driving through your garage door, sideswiping another vehicle, crashing into a ditch and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.

Liability coverage – This coverage can cover damage or injury you incur to a person or their property that is your fault. This insurance protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Some companies may use a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things such as structural damage, bail bonds and medical services. The amount of liability coverage you purchase is a personal decision, but you should buy higher limits if possible.

Medical expense coverage – Coverage for medical payments and/or PIP kick in for bills for dental work, surgery and rehabilitation expenses. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Uninsured or underinsured coverage – Your UM/UIM coverage provides protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants and damage to your Honda Prelude.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.