Lower Your 1999 Honda Prelude Insurance Rates

Looking for better insurance coverage rates for your Honda Prelude? Scraping up a payment for overpriced Honda Prelude insurance can overdraw your savings account and make it hard to pay other bills. Comparing price quotes is free and is an excellent way to reduce premiums and put more money in your pocket. You have multiple car insurance companies to pick from, and although it’s nice to have a selection, it can be more difficult to find the best rates for your vehicles.

Buying car insurance is not that difficult. If you have insurance now or are shopping for new coverage, you can follow these tips to find the best rates and possibly find even better coverage. Consumers just need to learn the proper methods to shop their coverage around online.

The quickest way to compare rate quotes is to take advantage of the fact most insurance companies provide online access to quote your coverage. All consumers are required to do is give the companies some data including if you went to college, marital status, types of safety features, and whether you drive to work or school. Your rating data is instantly sent to multiple companies and you will get price comparisons immediately.

To check rates for your 1999 Honda Prelude, click here and enter your coverage details.

Save 15 percent in 15 minutes? Is it for real?

Consumers get pounded daily by advertisements that promise big savings from companies such as State Farm and Allstate. They all make the same claim of big savings after switching your policy.

How does each company make the same claim? It’s all in the numbers.

All the different companies can use profiling for the type of driver they prefer to insure. An example of a preferred risk might be profiled as over the age of 40, insures multiple vehicles, and has a short commute. A customer who fits that profile will qualify for the lowest rates and therefore will save when switching.

Potential insureds who don’t meet the requirements must pay higher premiums which leads to business not being written. The ads state “people who switch” not “people who quote” save money. That’s why companies can claim big savings. This illustrates why you need to compare many company’s rates. It is impossible to predict which company will fit your personal profile best.

Factors that might impact rates for a Honda Prelude

It’s important that you understand the rating factors that play a part in calculating auto insurance rates. Having a good understanding of what controls the rates you pay allows you to make educated decisions that could result in big savings.

  • More miles equals more premium – Driving more miles each year the more you’ll pay to insure your vehicle. Most insurance companies apply a rate based upon how you use the vehicle. Cars left parked in the garage can get a lower rate than those used for commuting. Make sure your auto insurance coverage is showing the proper vehicle usage, because it can save money. Incorrect usage on your Prelude can cost quite a bit.
  • With age comes lower rates – Mature drivers are more cautious drivers, tend to cause fewer accidents and are safer drivers. Teen drivers are statistically proven to be more careless in a vehicle and because of this, their auto insurance rates are much higher.
  • Tickets mean higher rates – Even one speeding ticket can boost insurance rates forty percent or more. Careful drivers get better rates than people who have multiple driving citations. If you have severe violations such as reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to drive a vehicle legally.
  • Low deductibles can be expensive – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your Honda from damage. Examples of covered claims are collision with another vehicle, damage from fire, and burglary. Physical damage deductibles are the amount of money you are required to spend out-of-pocket if you file a covered claim. The higher the amount you’re willing to pay, the less your auto insurance will be on Prelude insurance.
  • Never let your coverage lapse – Allowing your coverage to lapse will be a quick way to bump up your auto insurance costs. Not only will rates go up, but being ticketed for driving with no insurance can result in a license revocation or jail time.
  • Multiple policies with one company can save – The majority of insurers will award you with lower prices to policyholders who carry more than one policy. It’s known as a multi-policy discount. This can amount to five, ten or even twenty percent. Even though this discount sounds good, you still need to comparison shop to make sure you are getting the best deal.
  • Poor credit can mean higher rates – Your credit history is a important factor in determining what you pay for auto insurance. So if your credit is not that good, you could be paying less to insure your 1999 Honda Prelude by improving your rating. Consumers who have high credit scores tend to be less risk to insure as compared to drivers with lower credit scores.
  • Add-on coverages can add up – There are many additional coverages that can waste your money on your Prelude policy. Coverages like roadside assistance, accident forgiveness and additional equipment coverage may be wasting your money. They may seem like a good idea when talking to your agent, but now you might not need them so get rid of them and save.

Cut your premium with discounts

Companies don’t necessarily list all available discounts in an easy-to-find place, so the following is a list of some of the more common as well as the least known discounts you could be receiving. If they aren’t giving you every credit available, you are paying more than you should be.

  • Accident Free – Drivers who don’t have accidents pay much less compared to drivers who are more careless.
  • Drive Less and Save – Keeping the miles down on your Honda could be rewarded with a substantially lower rate.
  • Accident Forgiveness – A handful of insurance companies allow you one accident before your rates go up so long as you haven’t had any claims prior to the accident.
  • Organization Discounts – Participating in a qualifying organization could trigger savings on your policy on Prelude insurance.
  • Resident Student – Children who attend school more than 100 miles from home without a vehicle on campus can be insured at a reduced rate.
  • Good Student Discount – This discount can earn a discount of 20% or more. This discount can apply up to age 25.
  • Senior Citizens – If you qualify as a senior citizen, you may qualify for a discount up to 10% on Prelude insurance.
  • Payment Method – If paying your policy premium upfront rather than paying monthly you could save up to 5%.
  • E-sign – A few companies will discount your bill up to fifty bucks just for signing your application on their website.

It’s important to understand that most of the big mark downs will not be given to all coverage premiums. Most only reduce specific coverage prices like comprehensive or collision. Even though it may seem like having all the discounts means you get insurance for free, you won’t be that lucky.

A partial list of companies who might offer some of the above discounts are:

It’s a good idea to ask each insurance company how you can save money. Discounts might not be offered in every state.

What is the best insurance coverage?

When buying proper insurance coverage for your personal vehicles, there really is no one size fits all plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions may help you determine whether you would benefit from professional advice.

  • Do I need special endorsements for business use of my vehicle?
  • Do I need motorclub coverage?
  • Can my teen driver be rated on a liability-only vehicle?
  • What is roadside assistance coverage?
  • Will my insurance pay for OEM parts?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Is there coverage for injuries to my pets?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.

Auto insurance coverage information

Understanding the coverages of your insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are the normal coverages available from insurance companies.

Coverage for collisions

Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for claims like colliding with another moving vehicle, crashing into a ditch, sideswiping another vehicle, hitting a parking meter and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. It’s also possible to increase the deductible to get cheaper collision coverage.

Liability auto insurance

Liability insurance will cover damage that occurs to other’s property or people in an accident. This coverage protects you from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability coverage protects against things like legal defense fees, pain and suffering and repair bills for other people’s vehicles. How much liability should you purchase? That is a decision to put some thought into, but consider buying higher limits if possible.

Comprehensive coverages

This pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as damage from getting keyed, theft, a broken windshield, falling objects and vandalism. The most you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

This coverage provides protection when other motorists do not carry enough liability coverage. Covered claims include medical payments for you and your occupants 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. So UM/UIM coverage should not be overlooked.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like EMT expenses, doctor visits, dental work, hospital visits and pain medications. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover you and your occupants and also covers being hit by a car walking across the street. PIP is not available in all states and may carry a deductible

The best insurance company isn’t always the cheapest

As you prepare to switch companies, it’s very important that you do not reduce needed coverages to save money. There have been many cases where an accident victim reduced liability coverage limits only to discover later that the few dollars in savings costed them thousands. The aim is to find the BEST coverage at a price you can afford, not the least amount of coverage.

We’ve covered many ideas to compare 1999 Honda Prelude insurance prices online. The most important thing to understand is the more you quote, the better your chances of lowering your rates. You may even discover the most savings is with a company that doesn’t do a lot of advertising. Smaller companies can often provide lower rates in certain areas than their larger competitors like Progressive or Geico.

Even more information can be found by following these links: