How Much Does 2012 Honda Fit Car Insurance Cost?

Consumers have many options when looking for the lowest priced Honda Fit insurance. They can either waste time contacting agents to get rate comparisons or utilize the internet to make rate comparisons. There is a better way to compare insurance coverage rates so you’re going to learn the quickest way to compare rates for a new or used Honda and obtain the best price possible from local insurance agents and online providers.

Smart consumers take time to compare rates once or twice a year due to the fact that insurance rates change quite often. Even if you got the best price for Fit insurance a couple years back other companies may now be cheaper. You can find a lot of wrong information about insurance coverage online but I’m going to show you some great ideas on how to buy insurance coverage cheaper.

If you have a policy now or need new coverage, you can use this information to find the best rates and still get good coverage. This article will familiarize you with the most effective way to quote insurance and some tips to save money. Vehicle owners only need an understanding of how to compare prices online.

Take advantage of discounts

Car insurance companies don’t always publicize all their discounts in an easy-to-find place, so we break down some of the best known as well as the least known car insurance savings. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.

  • Federal Employees – Simply working for the federal government could cut as much as 10% off for Fit insurance depending on your company.
  • Drive Safe and Save – Safe drivers may receive a discount up to 45% less for Fit insurance than their less cautious counterparts.
  • Payment Discounts – By paying your policy upfront instead of paying each month you may reduce your total bill.
  • Save over 55 – Older drivers may receive reduced rates for Fit insurance.
  • New Car Discount – Putting insurance coverage on a new car can be considerably cheaper compared to insuring an older model.
  • Student in College – Youth drivers living away from home attending college and don’t have a car can be insured at a reduced rate.
  • Clubs and Organizations – Participating in a professional or civic organization could trigger savings on car insurance for Fit insurance.

It’s important to note that most discount credits are not given to the entire policy premium. Most cut individual premiums such as physical damage coverage or medical payments. So when it seems like all those discounts means the company will pay you, you’re out of luck.

Insurance companies who might offer these discounts include:

Check with every prospective company what discounts are available to you. Some discounts might not apply in every state.

Car Insurance Prices

Most major insurance companies such as Progressive, GEICO, Allstate and State Farm quote prices for coverage on their websites. Getting online rates doesn’t take a lot of time as you just type in the coverages you want as detailed in the form. After you submit the form their rating system will order your driving record and credit report and returns pricing information based on these and other factors.

Online quotes simplifies rate comparisons, but the time required to go to each company’s website and repetitively enter the same data into a form is repetitive and time-consuming. But it’s absolutely necessary to have as many quotes as possible if you are searching for the lowest possible prices on car insurance.

The easiest way to find lower prices uses one form to return rates from a bunch of companies at once. It’s a real time-saver, reduces the work, and makes online shopping much more enjoyable and efficient. Immediately after submitting the form, it is quoted and you are able to buy any of the quotes that you receive. If a lower price is quoted, you simply finish the application and buy the policy. It takes less than 15 minutes and could lower your rates considerably.

To quickly find out how much you can save on car insurance, simply click here to open in new window and submit the form. If you currently have coverage, we recommend you complete the form with the insurance coverages as close as possible to your current policy. This ensures you will have a fair comparison based on the exact same insurance coverage.

Complexity of Honda Fit insurance rates

An important part of buying insurance is that you know the different types of things that play a part in calculating the price you pay for insurance coverage. When you know what positively or negatively impacts premium levels empowers consumers to make smart changes that will entitle you to lower insurance coverage prices.

Shown below are a few of the “ingredients” used by your company to calculate prices.

  • Where you live – Choosing to live in a small town can be a good thing when talking about insurance coverage. Drivers in populated areas have to deal with much more traffic and longer commute times. Lower population means reduced accidents and also fewer theft and vandalism claims.
  • Safer cars cost less to insure – Cars with high safety ratings can get you lower premiums. Safer cars result in less severe injuries and better occupant protection means less money paid by your insurance company and thus lower rates. If your Honda Fit is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
  • Protect yourself with liability coverage – Your policy’s liability coverage will protect you if ever you are found liable for personal injury or accident damage. Liability insurance provides legal defense which can cost thousands of dollars. This coverage is very inexpensive as compared to coverage for physical damage, so buy as much as you can afford.
  • Bad driving skills means higher rates – A bad driving record has a lot to do with how much you pay for insurance. Drivers who don’t get tickets get better rates than bad drivers. Just one speeding ticket can bump up the cost forty percent or more. If you have serious violations such as DUI or reckless driving may find they need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to continue driving.
  • Add-on coverages can add up – There are a ton of additional coverages you can purchase on your insurance coverage policy. Things like roadside assistance, better glass coverage and membership fees may be costing you every month. They may seem like a good idea initially, but your needs may have changed so remove them from your policy.
  • Equipment add-ons that lower insurance coverage rates – Purchasing a vehicle with anti-theft technology or alarm system can save you a little every year. Anti-theft features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping auto theft.
  • No coverage gaps is important – Letting your insurance expire will be a sure-fire way to trigger a rate increase. Not only will rates go up, but not being able to provide proof of insurance can result in a license revocation or jail time.
  • Better credit scores mean better rates – Having a bad credit score is a huge factor in determining what you pay for insurance coverage. So if your credit is lower than you’d like, you could potentially save money when insuring your 2012 Honda Fit by spending a little time repairing your credit. Drivers who have high credit ratings tend to be better drivers and file fewer claims than drivers who have poor credit.

How to know if you need help

When buying the best auto insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Everyone’s needs are different.

For example, these questions may help highlight if you will benefit from professional help.

  • Am I covered when using my vehicle for business?
  • Am I covered if I drive in a foreign country?
  • Why does it cost so much to insure a teen driver?
  • What should my uninsured motorist coverage limits be in my state?
  • Should I have combined single limit or split liability limits?
  • Do I need medical payments coverage since I have good health insurance?

If you can’t answer these questions but a few of them apply, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and you can get the answers you need.

Don’t listen to company ads

Consumers get pounded daily by advertisements for cheaper car insurance from the likes of Progressive, GEICO, Allstate and State Farm. All the ads make an identical promise about savings if you switch your coverage to them.

But how can every company claim to save you money? This is how they do it.

All companies have a preferred profile for the driver that makes them money. For instance, a profitable customer could be a mature driver, is a homeowner, and drives newer vehicles. Any driver who meets those qualifications gets the lowest rates and therefore will save when switching.

Drivers who don’t qualify for this ideal profile will be quoted a higher premium and ends up with the driver buying from a lower-cost company. The ads state “customers that switch” not “people who quote” save that much money. That’s the way companies can truthfully make those claims. This emphasizes why you need to get a wide range of price quotes. Because you never know which insurance company will give you the biggest savings on Honda Fit insurance.

Specific coverages for a Honda Fit

Knowing the specifics of a insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. Insurance terms can be confusing and reading a policy is terribly boring.

Medical payments coverage and PIP – Med pay and PIP coverage provide coverage for expenses for hospital visits, doctor visits, chiropractic care, surgery and EMT expenses. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision coverages – Collision coverage pays for damage to your Fit resulting from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as colliding with another moving vehicle, sideswiping another vehicle, backing into a parked car and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Liability – This provides protection from damage or injury you incur to other people or property by causing an accident. This insurance protects YOU from claims by other people. Liability 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. You might see liability limits of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against claims like repair costs for stationary objects, medical expenses, attorney fees, bail bonds and repair bills for other people’s vehicles. How much coverage you buy is up to you, but buy as large an amount as possible.

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your 2012 Honda Fit.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive coverage – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like a tree branch falling on your vehicle, damage from getting keyed, hitting a deer and hail damage. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

A little work can save a LOT of money

As you prepare to switch companies, it’s very important that you do not skimp on critical coverages to save a buck or two. Too many times, someone sacrificed uninsured motorist or liability limits only to regret at claim time they didn’t have enough coverage. The proper strategy is to buy the best coverage you can find at the best price while still protecting your assets.

We just showed you many ways to get a better price on 2012 Honda Fit insurance. The most important thing to understand is the more rate comparisons you have, the better your comparison will be. You may even find the best prices are with an unexpected company.

Budget-conscious insurance is possible both online and also from your neighborhood agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance providers may not provide online price quotes and most of the time these smaller companies sell through independent agents.

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