Cheap 1998 Honda Prelude Insurance Rates

Trying to find cheaper insurance rates for your Honda Prelude? Searching for cheaper insurance for a Honda Prelude can be difficult, but you can use the following methods to save time. There is a better way to buy insurance so we’re going to tell you the proper way to quote coverages on a Honda and obtain the best price possible from local insurance agents and online providers.

How to Compare Car Insurance Costs

All the larger car insurance companies like State Farm, Allstate and Geico provide prices for coverage directly from their websites. Getting online quotes doesn’t take a lot of time as you simply type in the coverages you want as detailed in the form. After you complete the form, the system will order your driving record and credit report and returns a price based on these factors.

Online price quotes simplifies rate comparisons, but the process of having to visit each company’s website and repetitively enter the same data into a form is repetitive and time-consuming. Unfortunately, it is important to compare as many rates as possible if you want to find the best price possible.

Quote rates the easy way

A less time-consuming method to find better car insurance pricing makes use of a single form that gets prices from multiple companies. It’s a real time-saver, reduces the work, and makes online price comparison much more efficient. As soon as the form is sent, it gets priced and you can choose any of the quotes that you receive. If the quotes result in lower rates, you can simply submit the application and buy the new coverage. This process just takes a couple of minutes and may save quite a bit of money.

To save time and find out what other companies charge, click here and complete the simple form. If you have your current policy handy, we recommend you replicate deductibles and limits exactly as shown on your declarations page. Doing this assures you will have a rate comparison using the exact same coverages.

Policy discounts you shouldn’t miss

Car insurance companies don’t list all available discounts in a way that’s easy to find, so we researched both the well known and the harder-to-find discounts you could be receiving. If you aren’t receiving every discount you deserve, you are paying more than you should be.

  • Student in College – Children who live away from home without a vehicle on campus can be insured at a reduced rate.
  • Driver’s Ed – Require your teen driver to successfully complete driver’s ed class if it’s offered in school.
  • Anti-theft Discount – Cars that have factory anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • Save over 55 – Mature drivers may receive better insurance rates for Prelude insurance.
  • Homeowners Discount – Simply owning a home can help you save on insurance because of the fact that having a home is proof that your finances are in order.
  • Bundle and Save – When you combine your home and auto insurance with one insurance company you could get a discount of approximately 10% to 15%.
  • Save with a New Car – Buying coverage on a new vehicle can be considerably cheaper due to better safety requirements for new cars.
  • Auto/Life Discount – Some companies give lower rates if you buy life insurance.

Drivers should understand that some credits don’t apply to the entire cost. Most only apply to the price of certain insurance coverages like comprehensive or collision. So when the math indicates you could get a free insurance policy, companies wouldn’t make money that way.

Car insurance companies who might offer these discounts may include but are not limited to:

Double check with each company what discounts are available to you. All car insurance discounts might not apply in every state.

Insurance agents can help

When it comes to choosing the best insurance coverage coverage for your personal vehicles, there isn’t really a best way to insure your cars. Every situation is different.

For example, these questions might point out if your insurance needs will benefit from professional help.

  • Do I have coverage if my license is suspended?
  • What is the difference between comprehensive and collision coverage?
  • Am I covered if I hit a deer?
  • How much liability insurance is required?
  • Does having multiple vehicles earn me a discount?
  • Is my 1998 Honda Prelude covered for smoke damage?

If you’re not sure about those questions but a few of them apply, you might consider talking to a licensed agent. If you don’t have a local agent, fill out this quick form. It’s fast, doesn’t cost anything and you can get the answers you need.

Pieces of the Honda Prelude insurance rate puzzle

An important part of buying insurance is that you know the rating factors that help determine the rates you pay for car insurance. Understanding what influences your rates helps enable you to make changes that will entitle you to much lower annual insurance costs.

  • Choose a safe vehicle and save – Vehicles with high crash test scores can get you lower premiums. These vehicles result in less severe injuries and lower injury rates translates into savings for insurance companies and more competitive rates for policyholders. If your Honda has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Add-on coverages can add up – There are a ton of add-on coverages you can purchase on your 1998 Prelude policy. Insurance for personal injury protection, better glass coverage and additional equipment coverage may be wasting your money. These coverages may sound good at first, but now you might not need them so eliminate the coverages to reduce your premium.
  • Consolidate policies to earn discounts – Some car insurance companies will award you with lower prices to insureds who consolidate policies with them in the form of a multi-policy discount. Even though this discount sounds good, it’s still a good idea to compare other company rates to confirm you are receiving the best rates possible. Drivers may still find better rates by buying insurance from more than one company.
  • Increase deductibles and save – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Honda. A few examples of covered claims are a windshield shattered by a rock, damage from fire, and rolling your vehicle. The deductibles are how much you are willing to pay out-of-pocket before a claim is paid by your company. The more you have to pay, the bigger discount you will receive for Prelude insurance.

Auto insurance coverage specifics

Knowing the specifics of your policy aids in choosing appropriate coverage for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Coverage for liability

Liability insurance protects you from damage that occurs to people or other property that is your fault. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

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 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability insurance covers things like repair bills for other people’s vehicles, loss of income, structural damage, medical services and emergency aid. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Uninsured/Underinsured Motorist coverage

This provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Honda Prelude.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive coverage

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like hitting a deer, hail damage, a broken windshield, rock chips in glass and hitting a bird. 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 consider removing comprehensive coverage.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for bills for prosthetic devices, chiropractic care and ambulance fees. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants as well as any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

Collision insurance will pay to fix damage to your Prelude resulting from colliding 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 coverage pays for claims like sideswiping another vehicle, scraping a guard rail, hitting a parking meter and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Another option is to raise the deductible to bring the cost down.

Take this to the bank

We covered a lot of techniques to save on 1998 Honda Prelude insurance. The most important thing to understand is the more companies you get rates for, the higher the chance of saving money. You may even discover the most savings is with a smaller regional carrier.

Insureds change insurance companies for any number of reasons including unfair underwriting practices, delays in paying claims, being labeled a high risk driver and even policy cancellation. It doesn’t matter what your reason, finding a new company is not as difficult as it may seem.

Low-cost insurance is possible both online as well as from independent agents, so you should compare both so you have a total pricing picture. There are still a few companies who don’t offer you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

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