2006 Honda Element Insurance Quotes – 7 Ways to Save

Trying to find cheaper insurance rates? Buyers have lots of choices when searching for low-cost Honda Element insurance. They can either spend hours calling around getting price quotes or save time using the internet to make rate comparisons. There are both good and bad ways to compare insurance rates so we’re going to tell you the proper way to quote coverages for a new or used Honda and locate the lowest price either online or from local insurance agents.

It’s a good habit to price shop coverage every six months because rates are adjusted regularly by insurance companies. Despite the fact that you may have had the best price for Element coverage a couple years back you can probably find a better price now. There is a lot of wrong information about insurance on the internet, so I’m going to show you the best ways to find cheap insurance.

How to Buy Auto Insurance Online

Reducing your 2006 Honda Element insurance rates is not rocket science. All that’s required is to take a few minutes to compare rate quotes online from several insurance companies. This can be accomplished in several different ways.

  1. The most efficient way to find the lowest comparison rates is an all-inclusive rate comparison like this one (opens in new window). This easy form saves time by eliminating multiple quote forms for each company. Filling out one form gets rate comparisons from auto insurance companies with the best prices. This is perfect if you don’t have a lot of time.
  2. A slightly less efficient method to get quotes online requires a visit to each company website to complete a price quote. For instance, we’ll assume you want rates from Liberty Mutual, Progressive and GEICO. To get rate quotes you would need to take the time to go to each site and enter your information, which is why the first method is more popular.

    To view a list of companies in your area, click here.

  3. The least recommended method of getting rate comparisons is to spend your day driving to insurance agents’ offices. The ability to buy insurance online has reduced the need for local agents unless you have a need for the personal advice of a local agent. It is possible to comparison shop online but still have the advice of a local agent and you’ll learn how to do that later.

It’s up to you which method you use, but make darn sure you compare the exact same coverage information on every quote you get. If you are comparing unequal deductibles or liability limits you can’t possibly make an equal comparison.

Discounts are great for lower rates

Car insurance companies don’t always advertise every discount in an easy-to-find place, so we break down some of the more common and the harder-to-find car insurance savings. If they aren’t giving you every credit you deserve, you’re paying more than you need to.

  • Club Memberships – Participating in certain professional organizations is a good way to get lower rates on your policy for Element coverage.
  • Air Bag Discount – Cars that have air bags may earn rate discounts of 20% or more.
  • Multi-policy Discount – When you have multiple policies with the same company you could get a discount of at least 10% off all policies.
  • Anti-theft Discount – Cars that have factory anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Driver’s Ed – Have your child enroll in driver’s education if offered at their school.
  • Drive Less and Save – Driving fewer miles could qualify for discounted rates on garaged vehicles.
  • Defensive Driver – Taking a course teaching defensive driving skills could cut 5% off your bill if you qualify.

As a disclaimer on discounts, most discounts do not apply to the entire policy premium. Most only cut the price of certain insurance coverages like medical payments or collision. Just because it seems like having all the discounts means you get insurance for free, companies wouldn’t make money that way.

For a list of companies offering car insurance discounts, click here to view.

You may need specialized coverage

When it comes to buying proper insurance coverage for your vehicles, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

These are some specific questions might point out whether you would benefit from an agent’s advice.

  • Does coverage extend to my business vehicle?
  • Do I have coverage when making deliveries for my home business?
  • Why does it cost so much to insure a teen driver?
  • Am I covered when pulling a rental trailer?
  • What is PIP insurance?
  • When do I need to add a new car to my policy?
  • Why am I required to buy liability insurance?
  • Will I lose any money if I cancel my policy before it expires?
  • Is upholstery damage covered by car insurance?
  • Is my business laptop covered if it gets stolen from my vehicle?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. If you don’t have a local agent, fill out this quick form. It only takes a few minutes and you can get the answers you need.

Insurance coverage basics

Knowing the specifics of your policy helps when choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Collision coverage – This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims like hitting a mailbox, colliding with another moving vehicle, sideswiping another vehicle and driving through your garage door. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Another option is to bump up the deductible to save money on collision insurance.

Comprehensive auto coverage – Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as damage from a tornado or hurricane, falling objects and damage from getting keyed. The maximum payout your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP pay for expenses such as pain medications, ambulance fees, rehabilitation expenses, X-ray expenses and funeral costs. They can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. It covers all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

Auto liability insurance – Liability coverage can cover damage that occurs to a person or their property. This insurance protects YOU from legal claims by others. Liability doesn’t cover 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 100/300/100 which stand for a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability insurance covers things like medical expenses, legal defense fees, repair costs for stationary objects, medical services and emergency aid. How much coverage you buy is your choice, but consider buying as large an amount as possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Have money to burn

Insureds change insurance companies for a number of reasons such as denial of a claim, poor customer service, extreme rates for teen drivers and high rates after DUI convictions. Whatever your reason, finding the right car insurance provider is not as hard as you think.

The cheapest 2006 Honda Element insurance is possible online in addition to many insurance agents, so you should be comparing quotes from both to have the best rate selection. Some insurance providers do not provide you the ability to get quotes online and these smaller companies work with independent agents.

We just covered a lot of tips how to compare insurance prices online. It’s most important to understand that the more quotes you get, the higher your chance of finding lower rates. You may even discover the best prices are with a smaller regional carrier.

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