2011 Honda Fit Car Insurance Cost

Trying to find better insurance coverage rates? Buyers have a choice when searching for low-cost Honda Fit insurance. You can either spend your time struggling with agents to compare prices or use the internet to compare rates.

There are more efficient ways to compare insurance coverage rates so we’re going to tell you the best way to get price quotes on a Honda and find the lowest possible price from both online companies and local agents.

The fastest way that we advise to get rate comparisons takes advantage of the fact most insurance companies participate in a system to provide you with a free rate quote. All you need to do is provide details such as if you went to college, if you’re married, if it has an anti-theft system, and whether the vehicles are used for commuting. The rating information is submitted instantly to all major companies and they return rate quotes instantly to find the best rate.

Get lower rates on 2011 Honda Fit insurance

Insuring your fleet can be pricey, but there are discounts available that many people don’t even know exist. Most are applied at the time of quoting, but a few need to be asked for prior to receiving the credit. If you aren’t receiving every discount available, you’re just leaving money on the table.

  • Drive Safe and Save – Drivers who don’t get into accidents can get discounts for up to 45% lower rates for Fit insurance than their less cautious counterparts.
  • Seat Belt Usage – Requiring all passengers to buckle their seat belts can save up to 15% off the personal injury premium cost.
  • Sign Early and Save – Select companies give a discount for switching policies prior to your current policy expiring. It can save you around 10%.
  • Military Discounts – Being on active duty in the military may qualify for rate reductions.
  • College Student – Any of your kids who live away from home and don’t have a car can receive lower rates.
  • Senior Discount – Mature drivers may receive a small decrease in premiums for Fit insurance.
  • Government Employees – Active or retired federal employment can earn a discount up to 10% for Fit insurance depending on your company.
  • Drive Less and Save – Driving fewer miles could qualify for lower rates on the low mileage vehicles.
  • Save with a New Car – Putting insurance coverage on a new car can save up to 30% due to better safety requirements for new cars.

A little note about advertised discounts, some credits don’t apply to the entire policy premium. The majority will only reduce specific coverage prices like comp or med pay. So when the math indicates adding up those discounts means a free policy, it doesn’t quite work that way. Any amount of discount will reduce your premiums.

To see a list of insurers with discount insurance rates, click this link.

Elements that influence Honda Fit insurance rates

Smart consumers have a good feel for some of the elements that go into determining your car insurance rates. Understanding what determines base rates empowers consumers to make smart changes that will entitle you to lower car insurance prices.

Listed below are some of the items used by your company to calculate prices.

  • Save money with special equipment – Purchasing a vehicle with anti-theft technology or alarm system can help lower your rates. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping auto theft.
  • Liability coverage protects you – Liability coverage is the protection when you are found to be at fault for damages caused by your negligence. Liability provides legal defense which can be incredibly expensive. Liability insurance is quite affordable when compared with rates for comp and collision, so buy as much as you can afford.
  • Males pay more for insurance – The statistics show that women are safer drivers than men. However, this does not mean women are BETTER drivers than men. They both cause accidents at a similar rate, but the male of the species have costlier accidents. Men also tend to get cited for more serious violations like reckless driving and DUI. Youthful male drivers are the most expensive to insure and therefore are the most expensive to insure.
  • Don’t get talked into coverage you don’t need – There are many extra bells and whistles that can waste your money on your Fit policy. Coverages for roadside assistance, accident forgiveness and membership fees are some examples. They may seem good initially, but your needs may have changed so eliminate them to save money.
  • Being married is a good thing – Getting married can actually save you money on your policy. Having a spouse usually means you are more mature and it’s statistically proven that being married results in fewer claims.
  • Where you reside plays a part – Living in small towns and rural areas has it’s advantages when buying car insurance. Less people living in that area means reduced accidents. Urban drivers tend to have congested traffic and a longer drive to work. Longer commute distances means more change of being in an accident.
  • Older drivers pay less – Teenage drivers have a tendency to be careless and easily distracted in a vehicle so they pay higher car insurance rates. Mature drivers are more cautious drivers, statistically cause fewer accidents and are safer drivers.

Tailor your coverage to you

When choosing proper insurance coverage, there really is not a single plan that fits everyone. Every insured’s situation is different.

Here are some questions about coverages that might help in determining if your situation might need an agent’s assistance.

  • Do I have coverage for damage caused while driving under the influence?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Which is better, split liability limits or combined limits?
  • Does coverage extend to Mexico or Canada?
  • What is no-fault insurance?
  • Who is covered by my policy?
  • Are my friends covered when driving my car?
  • What is UM/UIM insurance?
  • How much liability insurance is required?
  • Do I have coverage if my license is suspended?

If you don’t know the answers to these questions then you might want to talk to an agent. If you don’t have a local agent, complete this form. It’s fast, free and can provide invaluable advice.

Insurance coverages and their meanings

Learning about specific coverages of your policy can be of help when determining which coverages you need for your vehicles. Insurance terms can be difficult to understand and coverage can change by endorsement.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance kick in for bills for things like prosthetic devices, pain medications and rehabilitation expenses. They are often utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive insurance – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like hitting a bird, hitting a deer and falling objects. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Liability coverage – Liability insurance will cover damage or injury you incur to people or other property by causing an accident. This insurance protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: 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 total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Another option is one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like repair bills for other people’s vehicles, medical expenses, repair costs for stationary objects and bail bonds. How much coverage you buy is up to you, but you should buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Honda Fit.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Usually these coverages are set the same as your liablity limits.

Collision – This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as sustaining damage from a pot hole, rolling your car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.

Don’t throw your cash in the trash

As you go through the steps to switch your coverage, do not sacrifice coverage to reduce premiums. In many instances, an insured dropped uninsured motorist or liability limits only to regret at claim time they didn’t have enough coverage. The aim is to find the BEST coverage at the best price while still protecting your assets.

Discount 2011 Honda Fit insurance is possible on the web and also from your neighborhood agents, so compare prices from both to have the best selection. Some insurance providers may not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

We just showed you many ideas to compare insurance prices online. It’s most important to understand that the more you quote, the higher your chance of finding lower rates. Consumers may even find the lowest priced insurance comes from a lesser-known regional company.

More information is located at the links below