Looking for the cheapest insurance rates for your Honda Prelude? Have you had enough of trying to scrape together enough money each month for car insurance? You are no different than millions of other consumers. Online insurance companies like State Farm, Allstate, GEICO and Progressive continually bombard you with fancy advertisements and it can be hard to see past the corporate glitz and effectively compare rates to find the best deal.
Smart consumers take time to check insurance prices once or twice a year because prices trend upward over time. If you had the best deal for Prelude coverage a couple years back there may be better deals available now. There is too much inaccurate information about insurance online, so I’m going to show you some solid techniques on how to slash your insurance rates.
Companies don’t always list every available discount very well, so the following is a list of some of the more common and the harder-to-find ways to save on car insurance. If you don’t get every credit you qualify for, you’re just leaving money on the table.
It’s important to understand that some credits don’t apply to the overall cost of the policy. Most cut specific coverage prices like collision or personal injury protection. So when the math indicates it’s possible to get free car insurance, it just doesn’t work that way.
To see a list of insurance companies offering car insurance discounts, click this link.
When buying the best insurance coverage coverage, there isn’t really a “perfect” insurance plan. Every situation is different so this has to be addressed. For instance, these questions may help you determine whether your personal situation could use an agent’s help.
If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.
Consumers can’t get away from ads for the lowest price auto insurance from the likes of Allstate, GEICO and Progressive. They all have a common claim that you’ll save big after switching your coverage to them.
How can each company claim to save you money? It’s all in the numbers.
Insurance companies have a preferred profile for the right customer that earns them a profit. A good example of a desirable insured might be profiled as between the ages of 40 and 55, has no driving citations, and drives less than 10,000 miles a year. Any new insured who matches those parameters will get very good rates and as a result will probably save a lot of money.
Potential customers who do not match the “perfect” profile will be charged higher rates and this can result in the driver buying from a lower-cost company. Company advertisements say “people who switch” not “everybody who quotes” save that much. This is how insurance companies can confidently state the savings. That is why you should quote coverage with many companies. It’s impossible to know which insurance companies will fit your personal profile best.
Knowing the specifics of a insurance policy helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Shown next are typical coverages offered by insurance companies.
Collision coverages – Collision insurance covers damage to your Prelude from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for claims like driving through your garage door, backing into a parked car and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to bring the cost down.
Liability auto insurance – Liability coverage protects you from damage or injury you incur to a person or their property. This insurance protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.
Liability coverage protects against claims like medical expenses, repair costs for stationary objects and emergency aid. How much coverage you buy is your choice, but consider buying higher limits if possible.
Comprehensive (Other than Collision) – This coverage covers damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims such as damage from flooding, a tree branch falling on your vehicle and hail damage. The highest amount your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for things like doctor visits, funeral costs, rehabilitation expenses, pain medications and nursing services. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states and gives slightly broader coverage than med pay
Protection from uninsured/underinsured drivers – This provides protection when other motorists do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as damage to your Honda Prelude.
Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked.
Discount 1992 Honda Prelude insurance is possible from both online companies as well as from independent agents, and you should compare price quotes from both to have the best selection. A few companies don’t offer you the ability to get quotes online and these regional insurance providers work with independent agents.
Throughout this article, we presented quite a bit of information on how to compare insurance prices online. The key thing to remember is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers may even find the lowest priced auto insurance comes from the least-expected company. Smaller companies may cover specific market segments cheaper compared to the large companies like State Farm, GEICO and Nationwide.