2018 Honda Fit Insurance Quotes – 8 Tips for Best Rates

Do you get overwhelmed by the wide range of auto insurance sources? There are so many sources available that it can easily become a big hassle to locate the lowest auto insurance rates.

Finding the best rates is not that difficult. Basically, every vehicle owner who is shopping for insurance coverage stands a good chance to be able to cut their insurance bill. Although vehicle owners can benefit from knowing the methods companies use to price online insurance and take advantage of how the system works.

Eight discounts for lower-cost insurance rates

Auto insurance companies do not advertise the complete list of policy discounts very well, so here is a list some of the best known and also the more inconspicuous savings tricks you should be using when you buy insurance coverage online. If you don’t get every credit you qualify for, you’re paying more than you need to.

  • Cautious Driver Discounts – Accident-free drivers may receive a discount up to 45% on Fit insurance than their less cautious counterparts.
  • Home Ownership Discount – Owning a house may earn you a small savings since owning and maintaining a home means you have a higher level of financial diligence.
  • Include Life Insurance and Save – Not every insurance company offers life insurance, but if they do you may earn a small discount if you purchase a life insurance policy as well.
  • Clubs and Organizations – Being in specific professional or occupational memberships or organizations could earn you a nice discount on your next insurance statement.
  • Anti-theft System – Anti-theft and alarm system equipped vehicles can help prevent theft and earn discounts up to 10% off your insurance coverage quote.
  • Accident Free – Drivers who don’t have accidents are rewarded with significantly better rates on insurance coverage quote when compared to policyholders that have many claims.
  • Seat Belts Save – Using a seat belt and requiring all passengers to use a seat belt could save 15% off the PIP or medical payment premium.
  • Discounts for Multiple Vehicles – Purchasing coverage when you have all your vehicles on one policy can reduce rates for all insured vehicles.

One last thing about discounts, most discount credits are not given to the overall cost of the policy. Some only reduce the price of certain insurance coverages like comp or med pay. So even though you would think all those discounts means the company will pay you, insurance companies aren’t that generous.

A few of the larger companies and some of the discounts are detailed below.

  • 21st Century may include discounts for driver training, 55 and older, anti-lock brakes, air bags, automatic seat belts, early bird, and teen driver.
  • State Farm discounts include safe vehicle, multiple autos, defensive driving training, good driver, student away at school, and anti-theft.
  • AAA may have discounts that include multi-car, AAA membership discount, good driver, education and occupation, anti-theft, good student, and pay-in-full.
  • Liberty Mutual policyholders can earn discounts including hybrid vehicle, teen driver discount, new vehicle discount, multi-policy, and safety features.
  • Progressive has savings for homeowner, multi-policy, multi-vehicle, online quote discount, continuous coverage, online signing, and good student.

When getting a coverage quote, ask all the companies which credits you are entitled to. Some of the earlier mentioned discounts may not apply to policyholders in every state. If you would like to choose from a list of companies that offer some of these discounts, click here to view.

Tailor your auto insurance coverage to you

When it comes to choosing the best auto insurance coverage for your vehicles, there is no cookie cutter policy. Every situation is different.

These are some specific questions may help highlight if your insurance needs may require specific advice.

  • What is the minimum liability in my state?
  • Is my teen driver covered when they drive my company car?
  • What is covered by UM/UIM coverage?
  • Does my liability insurance cover pulling a trailer or camper?
  • Do I have coverage when pulling a U-Haul trailer?
  • How does medical payments coverage work?
  • Is there coverage for injuries to my pets?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Coverage specifics

Knowing the specifics of insurance can be of help when determining appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Collision coverage

Collision insurance will pay to fix damage to your Fit caused by collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as hitting a mailbox, hitting a parking meter and sideswiping another vehicle. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Protection from uninsured/underinsured drivers

This provides protection when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive (Other than Collision)

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like fire damage, a tree branch falling on your vehicle, hail damage and hitting a bird. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Auto liability

Liability coverage can cover damages or injuries you inflict on other’s property or people. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000.

Liability coverage protects against claims such as emergency aid, bail bonds, repair costs for stationary objects, court costs and medical services. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Medical expense insurance

Medical payments and Personal Injury Protection insurance reimburse you for bills such as prosthetic devices, surgery, EMT expenses and dental work. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Don’t throw your cash in the trash

Drivers who switch companies do it for a number of reasons such as policy non-renewal, extreme rates for teen drivers, denial of a claim and even questionable increases in premium. No matter why you want to switch, choosing a new insurance company can be easy and end up saving you some money.

While you’re price shopping online, make sure you don’t reduce coverage to reduce premium. In many cases, someone sacrificed liability limits or collision coverage and learned later that it was a big mistake. The proper strategy is to purchase plenty of coverage at the best cost and still be able to protect your assets.

More affordable insurance coverage is definitely available both online in addition to many insurance agents, and you should be comparing both in order to have the best price selection to choose from. Some insurance companies do not provide the ability to get a quote online and many times these small, regional companies work with independent agents.

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