View 2011 Honda Insight Insurance Rates

Looking for cheaper car insurance rates? Shoppers have many options when shopping for the lowest priced Honda Insight insurance. They can either spend hours struggling with agents trying to get quotes or utilize the internet to compare rates.

There is a right way and a wrong way to find car insurance online and we’ll show you the best way to quote coverages on a Honda and obtain the lowest price.

The purpose of this post is to introduce you to the best way to quote coverages. If you have car insurance now, you should be able to save some money using these tips. Vehicle owners just need to learn the proper way to compare rates on the web.

Where Can I Get Cheap Insurance Coverage?

There are a variety of methods you can shop for 2011 Honda Insight insurance coverage and some are less labor-intensive and much quicker. You can waste a few hours (or days) discussing policy coverages with local insurance agents in your area, or you can utilize the web for quick rates.

Many insurance companies belong to an insurance system that allows shoppers to enter their coverage request one time, and each company can give them a price based on the submitted data. This eliminates the need for quotation requests for every insurance coverage company.

To find out what other companies charge for 2011 Honda Insight insurance click to open in new window.

The single downside to using this type of form is you are unable to specify the companies you want pricing from. If you prefer to choose specific providers to receive pricing from, we have a page of companies who write insurance coverage in your area. View list of insurance companies.

It’s up to you which method you use, but make absolute certain that you use apples-to-apples coverages and limits on every quote. If each company quotes different deductibles then you won’t be able to make an equal comparison.

Your Honda Insight insurance rate is a complex equation

Smart consumers have a good feel for the factors that come into play when calculating the price you pay for insurance. When you know what positively or negatively controls the rates you pay empowers consumers to make smart changes that may reward you with big savings.

The list below includes some of the factors used by your company to calculate rates.

  • Pleasure use or commuting – The more miles you rack up on your Honda each year the more you will pay for insurance. The majority of insurers price each vehicle’s coverage based on their usage. Cars and trucks left parked in the garage can get a lower rate as compared to vehicles used primarily for driving to work. An improperly rated Insight may be costing you. Make sure your insurance policy shows how each vehicle is driven, because it can save money.
  • Low deductibles can be expensive – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Honda. A few examples of covered claims are running into the backend of another car, damage from fire, or theft. Your deductibles are how much you are willing to pay in the event of a claim. The higher the amount you have to pay, the bigger discount you will receive for Insight insurance.
  • Your insurance rates can be influenced by your job – Did you know your job can affect your rates? Occupations such as doctors, architects and stock brokers tend to have the highest rates because of high stress levels and long work hours. On the other hand, occupations such as scientists, students and homemakers receive lower rates for Insight insurance.
  • Being married is a good thing – Getting married actually saves money on your policy. It translates into being more responsible and statistics show being married results in fewer claims.
  • High crash test scores lower rates – Cars with high safety ratings are cheaper to insure. Safer cars result in less severe injuries and fewer injuries means less money paid by your insurance company and lower rates for you. If your Honda Insight is rated at least four stars on Safercar.gov it may be receiving lower rates.
  • Lower rates with optional equipment – Driving a car with a theft deterrent system can help lower your rates. Anti-theft features like GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder car theft.
  • Never go without insurance – Driving with no insurance is a misdemeanor and insurance companies will penalize you for letting your insurance lapse. And not only will insurance be more expensive, but not being able to provide proof of insurance can result in a revoked license or a big fine.

Lots of discounts mean lots of savings

Car insurance is not cheap, but you may find discounts that you may not know about. Certain discounts will be applied at the time of quoting, but a few must be inquired about in order for you to get them. If you’re not getting every credit available, you are throwing money away.

  • Low Mileage Discounts – Low mileage vehicles could be rewarded with lower rates on the low mileage vehicles.
  • Organization Discounts – Belonging to a qualifying organization may earn a discount when buying insurance for Insight insurance.
  • Save with a New Car – Putting insurance coverage on a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • Defensive Driver – Successfully completing a course teaching defensive driving skills could cut 5% off your bill if your company offers it.
  • College Student – Any of your kids who live away from home and do not have access to a covered vehicle may be able to be covered for less.

It’s important to understand that many deductions do not apply the the whole policy. Some only apply to individual premiums such as liability and collision coverage. So even though they make it sound like you can get free auto insurance, it just doesn’t work that way. But all discounts will cut your premiums.

For a list of providers who offer insurance discounts, click this link.

Situations that might require an agent

When buying proper insurance coverage for your vehicles, there is no best way to insure your cars. Every insured’s situation is different.

These are some specific questions might help in determining if your insurance needs could use an agent’s help.

  • Should I have combined single limit or split liability limits?
  • Does coverage extend to my business vehicle?
  • Who is covered when they drive my 2011 Honda Insight?
  • Can my teen drive my company car?
  • Am I covered if I hit a deer?
  • When should I not file a claim?
  • Does coverage extend to Mexico or Canada?
  • Why do I need rental car insurance?
  • Can my babysitter drive my car?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, free and may give you better protection.

Specific coverage details

Knowing the specifics of a car insurance policy can help you determine the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Auto liability insurance

Liability insurance protects you from injuries or damage you cause to people or other property that is your fault. This insurance protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers claims such as repair bills for other people’s vehicles, bail bonds and structural damage. How much coverage you buy is your choice, but consider buying higher limits if possible.

Coverage for collisions

This will pay to fix damage to your Insight from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like sustaining damage from a pot hole, hitting a parking meter and damaging your car on a curb. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Med pay and PIP coverage kick in for short-term medical expenses like hospital visits, chiropractic care, ambulance fees and X-ray expenses. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover you and your occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not available in all states and may carry a deductible

Uninsured/Underinsured Motorist coverage

This provides protection from other motorists when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your Honda Insight.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Frequently these limits do not exceed the liability coverage limits.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as vandalism, hitting a deer, theft and fire damage. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

A penny earned…

While you’re price shopping online, it’s not a good idea to skimp on coverage in order to save money. There are a lot of situations where consumers will sacrifice full coverage only to regret at claim time they didn’t have enough coverage. The proper strategy is to purchase plenty of coverage for the lowest price while not skimping on critical coverages.

In this article, we presented many ways to compare 2011 Honda Insight insurance prices online. The key concept to understand is the more providers you compare, the better your chances of lowering your rates. You may be surprised to find that the lowest rates come from the smaller companies.

Consumers who switch companies do it for a variety of reasons including high rates after DUI convictions, being labeled a high risk driver, questionable increases in premium or policy non-renewal. It doesn’t matter what your reason, choosing a new insurance company can be easier than you think.

Much more information about auto insurance is available at the links below