2014 Honda Fit EV Car Insurance Quotes

Searching for lower insurance rates for your Honda Fit EV? Have you fallen victim to high-priced insurance? Believe me when I say you’re not alone. Numerous car insurance companies battle for your insurance dollar, and it can be difficult to compare rates and get the best coverage at the lowest cost out there.

You should take the time to do rate comparisons every six months because rates trend upward over time. If you had the best rates for Fit EV coverage a couple years back the chances are good that you can find a lower rate today. Forget all the misinformation about insurance because I’m going to let you in on the secrets to the proper way to find better coverage at a better price.

If you have a policy now or need a new policy, you can use these tips to cut your premiums and possibly find even better coverage. Finding the best rates is easy if you know what you’re doing. Vehicle owners only need to know the proper way to shop for insurance on the web.

Discounts can save BIG

Insurance can be prohibitively expensive, but you may find discounts to reduce the price significantly. Certain discounts will be applied when you get a quote, but lesser-known reductions have to be specially asked for in order for you to get them. If you’re not getting every credit you qualify for, you are throwing money away.

  • Resident Student – Any of your kids who are attending college without a vehicle on campus may qualify for this discount.
  • No Claims – Claim-free drivers can earn big discounts when compared to frequent claim filers.
  • Anti-lock Brakes – Vehicles with anti-lock braking systems can avoid accidents and earn discounts up to 10%.
  • Homeowners Savings – Simply owning a home can save you money because owning a home demonstrates responsibility.
  • Military Rewards – Being deployed with a military unit could be rewarded with lower premiums.

Keep in mind that most discounts do not apply to the entire cost. A few only apply to specific coverage prices like collision or personal injury protection. So even though they make it sound like all the discounts add up to a free policy, insurance companies aren’t that generous. But all discounts will help reduce the cost of coverage.

Companies who might offer these discounts are:

It’s a good idea to ask all companies you are considering which discounts they offer. All car insurance discounts might not be offered in your state.

Auto Insurance Comparisons

Lowering your 2014 Honda Fit EV auto insurance rates can be surprisingly simple. All you need to do is take a few minutes getting comparison quotes provided by online insurance companies. This can be accomplished in several different ways.

One of the best ways to find low rates is an all-inclusive rate comparison click here to open form in new window. This form saves time by eliminating separate quote forms to each individual auto insurance company. A single form gets you price quotes from several companies.

Another way to obtain and compare quotes online is to manually visit each company’s website and fill out their own quote form. For instance, we’ll assume you want to compare Geico, Liberty Mutual and Travelers. You would have to visit each site to enter your coverage information, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.

The least recommended way to compare rates is driving around to insurance agents’ offices. The internet has reduced the need for local agents unless you want the personal advice that only a license agent can provide. Drivers can find lower rates online but still have the advice of a local agent and we’ll touch on that later.

Whichever way you use, make darn sure you compare exactly the same coverage limits on every quote. If you have mixed coverages then you won’t be able to determine which rate is truly the best.

Honda Fit EV rates are in the details

Consumers need to have an understanding of the rating factors that help determine the price you pay for car insurance. Having a good understanding of what controls the rates you pay allows you to make educated decisions that can help you get much lower annual insurance costs.

  • Never allow your policy to lapse – Allowing your coverage to lapse is a quick way to bump up your car insurance costs. And not only will your rates increase, but being ticketed for driving with no insurance might get you a steep fine or even jail time.You may need to file a SR-22 with your state DMV.
  • Pleasure use or commuting – The more miles you rack up on your Honda in a year the higher your rates will be. Most insurance companies rate vehicles determined by how the vehicle is used. Cars used primarily for pleasure use receive lower rates as compared to vehicles used primarily for driving to work. Having the wrong rating on your Fit EV can result in significantly higher rates. Double check that your car insurance policy properly reflects how each vehicle is driven, because improper ratings can cost you money.
  • Safe vehicles cost less to insure – Safer cars can get you lower premiums. The safest vehicles protect occupants better and better occupant protection translates into fewer and smaller insurance claims passed on to you as lower rates. If the Honda Fit EV earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
  • Men fork out a little more – Statistics show women tend to be less risk to insure than men. Now that doesn’t mean men are worse drivers. They both are in accidents at a similar rate, but the males tend to have more serious accidents. They also get more serious tickets like DUI and reckless driving.

Will just any policy work for me?

When buying coverage, there isn’t really a cookie cutter policy. Every insured’s situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that may help highlight if you may require specific advice.

  • Should I rate my 2014 Honda Fit EV as pleasure use or commute?
  • Do I have coverage if my license is suspended?
  • What is covered by UM/UIM coverage?
  • How does medical payments coverage work?
  • Is my Honda Fit EV covered if I use it for business?
  • Should I buy full coverage?
  • What can I do if my company denied a claim?
  • Can my teen driver be rated on a liability-only vehicle?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It only takes a few minutes and may give you better protection.

Parts of your insurance policy

Having a good grasp of a insurance policy aids in choosing which coverages you need and proper limits and deductibles. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverage types found on the average insurance policy.

Liability coverage

Liability coverage provides protection from injuries or damage you cause to other people or property that is your fault. This insurance protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Another option is a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims such as structural damage, pain and suffering, repair bills for other people’s vehicles, attorney fees and medical services. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.

Collision insurance

Collision insurance will pay to fix damage to your Fit EV caused by collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision can pay for things like crashing into a building, colliding with a tree, colliding with another moving vehicle and sideswiping another vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible in order to get cheaper collision rates.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these limits are identical to your policy’s liability coverage.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage pay for bills for things like ambulance fees, chiropractic care and EMT expenses. They are often used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Comprehensive (Other than Collision)

This pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as a broken windshield, damage from flooding, falling objects, rock chips in glass and hitting a bird. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Final thoughts

While you’re price shopping online, never reduce needed coverages to save money. In many cases, someone sacrificed liability coverage limits only to discover later they didn’t have enough coverage. The aim is to get the best coverage possible for the lowest price while not skimping on critical coverages.

We’ve covered a lot of techniques to get a better price on 2014 Honda Fit EV insurance. The most important thing to understand is the more times you quote, the better your comparison will be. Consumers may even find the best price on auto insurance is with a small local company. They often have lower prices on specific markets compared to the large companies like State Farm and Allstate.

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