How Much Does 2000 Honda Prelude Insurance Cost?

Nobody cherishes buying insurance coverage, especially when the cost is too high. Multiple insurance companies compete to insure your vehicles, so it’s not easy to compare every insurance company to get the cheapest price

Smart consumers take time to price shop coverage on a regular basis since rates fluctuate regularly. Just because you had the lowest rates on Prelude insurance a year ago a different company probably has better rates today. Starting right now, forget all the misinformation about insurance coverage because you’re going to get a crash course in the things you must know in order to save on insurance coverage.

If you have insurance now or are shopping for new coverage, you can use this information to cut your premiums while maximizing coverage. Finding the best rates is not rocket science. Consumers just need to understand the best way to shop their coverage around online.

Take advantage of discounts

Insuring your fleet can be pricey, but companies offer discounts that many people don’t even know exist. Certain discounts will be applied when you complete an application, but some must be specifically requested before being credited. If you aren’t receiving every discount you deserve, you’re paying more than you need to.

  • Claim Free – Drivers who don’t have accidents pay less as compared to bad drivers.
  • Employee of Federal Government – Active or retired federal employment can earn a discount up to 10% on Prelude insurance with a few car insurance companies.
  • New Car Discount – Insuring a new car can save up to 30% compared to insuring an older model.
  • Driver Safety – Completing a driver safety course could possibly earn you a 5% discount if you qualify.
  • Seat Belts Save – Requiring all passengers to use their safety belts can save 10% or more on the medical payments or PIP coverage costs.
  • Low Mileage Discounts – Fewer annual miles on your Honda could qualify for lower rates on the low mileage vehicles.
  • Student Driver Training – Have your child take driver’s ed class in high school.
  • Anti-theft System – Cars that have factory anti-theft systems are stolen less frequently and will save you 10% or more.
  • Memberships – Affiliation with a professional or civic organization is a good way to get lower rates when buying car insurance on Prelude insurance.

Drivers should understand that some credits don’t apply to your bottom line cost. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think you can get free auto insurance, it doesn’t quite work that way. But any discount will cut the cost of coverage.

Car insurance companies that may have these benefits include:

Before buying, ask all companies you are considering which discounts you may be entitled to. Some discounts may not be available in every state.

Honda Prelude premiums are determined by many factors

Consumers need to have an understanding of the factors that help determine the rates you pay for car insurance. When you know what positively or negatively impacts premium levels empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.

The following are some of the factors used by your company to calculate prices.

  • One company can mean more discounts – Many car insurance companies will give a discount to policyholders who carry more than one policy such as combining an auto and homeowners policy. Discounts can amount to ten or even up to twenty percent in some cases. If you currently are using one company, it’s in your best interest to compare rates to ensure the best deal.
  • Protect your assets with liability insurance – Liability insurance provides coverage if ever you are found to be at fault for causing damage or personal injury in an accident. Liability provides for a legal defense which can cost thousands of dollars. This coverage is very inexpensive compared to physical damage coverage, so do not cut corners here.
  • Claim-free discounts can add up – Companies generally give cheaper rates to insureds who are claim-free. If you file claims often, you can expect either policy cancellation or increased premiums. Car insurance is designed for larger claims.
  • Pleasure use or commuting – The more miles you rack up on your Honda in a year the more you will pay for car insurance. Almost all companies rate vehicles based upon how you use the vehicle. Cars and trucks left parked in the garage qualify for better rates as compared to vehicles used primarily for driving to work. If your policy improperly rates your Prelude may be wasting your money. Make sure your car insurance policy is showing how each vehicle is driven.
  • Tickets mean higher rates – Your driving citation history has a lot to do with how much you pay for insurance. Just one speeding ticket can boost insurance rates twenty percent or more. Careful drivers have lower premiums compared to drivers with tickets. Drivers who have flagrant citations such as reckless driving, hit and run or driving under the influence may need to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to keep their license.
  • Rates may be lower depending on your job – Occupations like real estate brokers, business owners and dentists tend to pay the highest average rates attributed to high stress and lengthy work days. Other occupations like actors, historians and retirees have the lowest average rates on Prelude insurance.
  • No coverage gaps is important – Not having insurance is a misdemeanor and you will pay a penalty because you let your coverage have a gap. Not only will rates go up, getting caught without coverage may earn you a hefty fine and possibly a revoked license.Then you may be required to prove you have insurance by filing a SR-22 with your state department of motor vehicles.
  • Drive a safer car and pay less – Vehicles with good safety scores are cheaper to insure. Safer cars result in less severe injuries and better occupant protection translates into fewer and smaller insurance claims and lower rates for you. If your Honda Prelude earned at least four stars on it may be receiving lower rates.

How to know if you need help

When buying coverage, there really is not a single plan that fits everyone. Each situation is unique so this has to be addressed. For instance, these questions may help you determine if your situation could use an agent’s help.

  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Are my tools covered if they get stolen from my vehicle?
  • How much liability do I need to cover my assets?
  • Should I bundle my homeowners policy with my auto?
  • What if I don’t agree with a claim settlement offer?
  • Is my cargo covered for damage or theft?
  • Is my babysitter covered when using my vehicle?
  • What if I total my 2000 Honda Prelude and owe more than it’s worth?
  • When would I need rental car insurance?

If you don’t know the answers to these questions, 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 may give you better protection.

Specific coverages for a Honda Prelude

Having a good grasp of auto insurance can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Listed below are typical coverage types found on most auto insurance policies.

Liability car insurance – Liability insurance can cover damage or injury you incur to people or other property. This coverage protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Occasionally you may see a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage protects against claims like medical expenses, legal defense fees, court costs and structural damage. How much liability should you purchase? That is up to you, but buy higher limits if possible.

Comprehensive insurance – This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like rock chips in glass, damage from getting keyed, fire damage, falling objects and hitting a deer. The highest amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverages – Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as colliding with another moving vehicle, sustaining damage from a pot hole, hitting a parking meter, scraping a guard rail and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Honda Prelude.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Normally these coverages are similar to your liability insurance amounts.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP pay for immediate expenses such as rehabilitation expenses, chiropractic care, pain medications, hospital visits and EMT expenses. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Stretch your dollar

When you buy insurance online, it’s not a good idea to skimp on critical coverages to save a buck or two. There have been many cases where an accident victim reduced comprehensive coverage or liability limits only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy enough coverage for the lowest price.

We covered many tips how you can compare 2000 Honda Prelude insurance prices online. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding lower rates. Drivers may discover the lowest rates come from some of the smallest insurance companies. Smaller companies can often insure niche markets at a lower cost compared to the large companies like Allstate and Progressive.

Additional detailed information can be found at these sites: