2002 Honda Odyssey Insurance Quotes

Searching for better insurance rates for your Honda Odyssey? Buying the most affordable insurance over the internet may be rather challenging for consumers not familiar with price shopping online. With such a large number of online companies, how can drivers have a chance to compare the different rates to find the cheapest rates?

Car Insurance Comparison Rates

All major car insurance companies like State Farm, Geico and Progressive quote price estimates directly from their websites. Getting online quotes is pretty painless as you simply type in the amount of coverage you want as detailed in the form. Once entered, the system makes automated requests for your driving and credit reports and returns a price based on many factors.

Online quotes makes comparing rates easy, but the time required to go to each company’s website and repetitively enter the same data into a form can be a bit repetitive. But it is imperative to do this if you are searching for lower prices.

Rate comparisons made easy

An easier way to compare rates is to use a quote form that analyzes rates from a bunch of companies at once. It saves time, helps eliminate reptitive entry, and makes online price comparison much more efficient. Immediately after you send the form, it is rated and you can select any or none of the quote results.

If you find a better price you can click and sign and purchase the new policy. It just takes a couple of minutes and could lower your rates considerably.

To compare rates using this form now, click here to open in new window and submit your coverage information. If you have your current policy handy, we recommend you duplicate the coverage information exactly as they are listed on your policy. Using the same limits helps guarantee you will have a rate comparison using the exact same coverages.

Save $483 a year. For real?

Companies like State Farm, Geico and Progressive consistently run ads on TV and radio. All the ads make the same claim about savings if you change to them. How do they all make the same claim? This is how they do it.

Different companies have a certain “appetite” for the driver that is profitable for them. For example, a driver they prefer might be between the ages of 40 and 55, a clean driving record, and drives less than 10,000 miles a year. Any new insured who matches those parameters will qualify for the lowest rates and is almost guaranteed to save when they switch companies.

Potential insureds who do not match the requirements will have to pay a more expensive rate which leads to business going elsewhere. The ads state “people who switch” not “everybody who quotes” save that kind of money. That’s why insurance companies can make those claims.

Because of the profiling, it is so important to compare many company’s rates. It’s not possible to predict the company that will fit your personal profile best.

How to save on Honda Odyssey insurance

Car insurance can cost a lot, but discounts can save money and there are some available that you may not even be aware of. Certain discounts will be triggered automatically at the time you complete a quote, but less common discounts must be specifically requested in order for you to get them.

  • Defensive Driver – Taking part in a course in driver safety could cut 5% off your bill and easily recoup the cost of the course.
  • Low Mileage Discounts – Low mileage vehicles could be rewarded with lower rates on the low mileage vehicles.
  • Clubs and Organizations – Belonging to a civic or occupational organization is a good way to get lower rates when shopping for auto insurance for Odyssey insurance.
  • Homeowners Discount – Simply owning a home may earn you a small savings because owning a home shows financial diligence.
  • Life Insurance Discount – Larger companies have a discount if you purchase life insurance.
  • Payment Method – If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
  • Passive Restraints – Cars that have air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.
  • Accident Waiver – A handful of insurance companies will forgive one accident without raising rates as long as you don’t have any claims prior to the accident.
  • Sign Early and Save – A few companies offer discounts for switching policies before your current expiration date. It can save you around 10%.

It’s important to understand that some credits don’t apply to the entire cost. A few only apply to the cost of specific coverages such as collision or personal injury protection. So when it seems like you would end up receiving a 100% discount, it just doesn’t work that way. Any qualifying discounts will cut the cost of coverage.

For a list of providers with discount auto insurance rates, click here.

Tailor your coverage to you

When buying proper insurance coverage for your personal vehicles, there really is not a “perfect” insurance plan. Everyone’s situation is unique.

For example, these questions might help in determining whether or not you may require specific advice.

  • How can I get high-risk coverage after a DUI?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • What is no-fault insurance?
  • When do I need to add a new car to my policy?
  • Can my babysitter drive my car?
  • What is high-risk coverage and where do I buy it?
  • Do I pay less if my vehicle is kept in my garage?
  • Does coverage extend to a rental car in a foreign country?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Are there companies who specialize in insuring high-risk drivers?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed agent. To find lower rates from a local agent, fill out this quick form.

Car insurance coverage information

Understanding the coverages of a car insurance policy aids in choosing the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Liability car insurance

Liability insurance provides protection from damage that occurs to a person or their property. This insurance protects YOU against other people’s claims, and doesn’t cover 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. Your policy might show limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Another option is a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability can pay for things like legal defense fees, repair bills for other people’s vehicles, medical expenses, court costs and structural damage. How much coverage you buy is up to you, but you should buy as high a limit as you can afford.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as hail damage, falling objects and fire damage. The maximum payout a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Insurance for medical payments

Coverage for medical payments and/or PIP reimburse you for immediate expenses for X-ray expenses, prosthetic devices, dental work, surgery and EMT expenses. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Collision coverage protection

This pays for damage to your Odyssey resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things like sustaining damage from a pot hole, scraping a guard rail, colliding with another moving vehicle and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. You can also bump up the deductible to get cheaper collision coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Honda Odyssey.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally the UM/UIM limits are set the same as your liablity limits.

Cheaper insurance is a realistic goal

As you go through the steps to switch your coverage, you should never buy less coverage just to save a little money. There have been many situations where an insured cut uninsured motorist or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to purchase a proper amount of coverage at an affordable rate while still protecting your assets.

Throughout this article, we presented some good ideas how to lower your 2002 Honda Odyssey insurance rates. The key concept to understand is the more you quote, the better chance you’ll have of finding lower rates. Consumers may even find the biggest savings come from the smaller companies.

Cheap insurance is attainable from both online companies in addition to many insurance agents, and you should compare price quotes from both to have the best rate selection. Some companies do not provide online price quotes and usually these smaller companies provide coverage only through local independent agents.

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