View 2012 Honda Fit Car Insurance Rates

Searching for lower insurance coverage rates for your Honda Fit? Wish you could get out of high-priced insurance coverage? Don’t feel bad because many consumers feel financially strained by their insurance coverage policy. Consumers have so many insurers to insure vehicles with, and although it’s nice to have multiple companies, it makes it harder to adequately compare rates.

Smart consumers take time to compare rates as often as possible because rates fluctuate regularly. Even if you got the best deal for Fit coverage on your last policy you may be paying too much now. Ignore everything you know about insurance coverage because you’re about to learn the best way to find lower rates on insurance coverage.

Don’t overlook these insurance coverage discounts

Buying insurance coverage is not cheap, but discounts can save money and there are some available to help offset the cost. Certain reductions will be credited at the time you complete a quote, but some may not be applied and must be asked for in order for you to get them. If you’re not getting every credit possible, you could be saving more on your insurance coverage.

• Military Discounts – Having a deployed family member could be rewarded with lower insurance coverage rates.
• Student Discounts – Being a good student could provide a savings of up to 20% or more. Earning this discount can benefit you well after school through age 25.
• Membership in Organizations – Affiliation with a professional or civic organization could earn you a nice discount on your next insurance coverage statement.
• Onboard Data Collection – People who choose to allow data collection to monitor when and where they use their vehicle by installing a telematics device like Allstate’s Drivewise could save a few bucks as long as the data is positive.
• Savings for New Vehicles – Buying insurance on a new vehicle can save up to 30% because new vehicles are generally safer.
• Senior Citizens – If you qualify as a senior citizen, you can possibly qualify for lower premium rates for Fit coverage.

It’s important to understand that most discounts do not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because you may think it’s possible to get free car insurance, companies don’t profit that way.

If you would like to choose from a list of insurance companies that provide some of the discounts listed above, click here.

When to get professional advice

When buying proper insurance coverage, there really is not a one size fits all plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For instance, these questions can help discover if you may require specific advice.

• Am I covered when driving on a suspended license?
• Do all my vehicles need collision coverage?
• Does coverage extend to my business vehicle?
• Should I buy more coverage than the required minimum liability coverage?
• Do I need replacement cost coverage on my 2012 Honda Fit?
• What if I owe more than I can insure my car for?
• Can my teen driver be rated on a liability-only vehicle?

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, simply complete this short form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.

Specifics of your auto insurance policy

Understanding the coverages of a auto insurance policy aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverages available from auto insurance companies.

UM/UIM Coverage

This coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Coverage for collisions

This will pay to fix damage to your Fit resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against claims such as hitting a mailbox, rolling your car, crashing into a ditch, crashing into a building and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from older vehicles. It’s also possible to increase the deductible to bring the cost down.

Comprehensive or Other Than Collision

This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as falling objects, fire damage, theft and damage from a tornado or hurricane. The highest amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for things like surgery, pain medications, X-ray expenses, chiropractic care and rehabilitation expenses. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers 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

Liability coverage

This coverage provides protection from injuries or damage you cause to a person or their property in an accident. It protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 that means you have a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Another option is a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims such as pain and suffering, legal defense fees, emergency aid and bail bonds. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible.

Feed the piggy bank

When you buy insurance coverage online, don’t be tempted to skimp on critical coverages to save a buck or two. There are too many instances where someone sacrificed liability limits or collision coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your objective should be to purchase a proper amount of coverage at the best cost, but do not sacrifice coverage to save money.

Some insurance companies don’t offer rates over the internet and most of the time these smaller providers only sell through independent agents. More affordable insurance coverage can be found both online in addition to many insurance agents, and you need to comparison shop both so you have a total pricing picture.

Additional information is located below:

• Should I Buy a New or Used Car? (Allstate)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Can I Drive Legally without Insurance? (Insurance Information Insitute)
• Young Drivers: The High Risk Years Video (iihs.org)