2004 Honda Civic Insurance Cost

Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Believe me, you are not the only one feeling buyer’s remorse. With consumers having so many auto insurance companies to choose from, it’s difficult to choose the most cost effective insurer.

You should take the time to do rate comparisons quite often because prices are variable and change quite frequently. If you had the best price on Civic insurance last year you may be paying too much now. Forget anything you know (or think you know) about auto insurance because we’re going to demonstrate the quickest way to get good coverage at a lower rate.

The purpose of this post is to introduce you to how to effectively get price quotes and some tips to save money. If you currently have car insurance, you should be able to save some money using this strategy. Consumers only need an understanding of the proper methods to buy auto insurance on the web.

How to Get Insurance Comparison Quotes

Finding a better price on insurance isn’t really that difficult. You just need to take a few minutes to compare quotes provided by online insurance companies. This can be done in a couple of different ways.

  1. Probably the best way consumers can make multiple comparisons is an all-inclusive rate comparison (click to open form in new window). This type of form eliminates the need for a different quote for each company you want a rate for. Taking the time to complete one form will get you price quotes from insurance companies with the best prices.
  2. A more time consuming way to find lower rates consists of going to each company’s website and fill out their own quote form. For example, we’ll assume you want to compare USAA, State Farm and Allstate. To get rate quotes you would need to spend time on each company’s site to input your insurance information, which is why the first method is quicker. To view a list of companies in your area, click here.
  3. The most time-consuming way of getting rate comparisons is driving around to different agent offices. The internet has reduced the need for local agents unless you want the professional guidance of a licensed agent. Drivers can comparison shop your insurance online and still use a local agent and we’ll talk about that later.

It’s up to you which method you use, but ensure you are comparing identical quote information with each company. If you compare differing limits it will be impossible to decipher which rate is best.

Lots of discounts mean lots of savings

Insuring your fleet can be pricey, but you may find discounts to help offset the cost. Some discounts apply automatically at the time you complete a quote, but lesser-known reductions have to be manually applied before you get the savings. If you aren’t receiving every discount possible, you are throwing money away.

  • Multiple Policy Discount – When you have multiple policies with the same company you may save 10% to 20% off each policy.
  • Payment Method – If you pay your entire premium ahead of time instead of making monthly payments you could save 5% or more.
  • Early Switch Discount – Some companies give discounts for switching policies prior to your current policy expiring. It’s a savings of about 10%.
  • Passive Restraint Discount – Factory air bags and/or automatic seat belt systems can get savings of 20% or more.
  • Student in College – Any of your kids living away from home attending college without a vehicle on campus may be able to be covered for less.
  • More Vehicles More Savings – Insuring multiple cars or trucks with the same company could earn a price break for each car.

It’s important to understand that most credits do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So even though it sounds like it’s possible to get free car insurance, companies wouldn’t make money that way. Any amount of discount will bring down your overall premium however.

To see a list of insurance companies who offer insurance discounts, click this link.

What determines your Honda Civic insurance premium

Consumers need to have an understanding of some of the elements that go into determining insurance rates. Having a good understanding of what determines base rates allows you to make educated decisions that can help you get better insurance rates.

Listed below are a partial list of the pieces companies use to determine your rates.

  • An active claims history can cost you – Car insurance companies give discounts to people who do not file claims often. If you frequently file small claims, you can definitely plan on either policy cancellation or increased premiums. Your insurance policy is designed for larger claims.
  • Poor driving leads to higher costs – Even a single citation can bump up the cost by twenty percent. Drivers who don’t get tickets receive lower rates than bad drivers. Drivers who get serious violations like DUI or reckless driving may be required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to continue driving.
  • Protect your assets with liability insurance – Liability coverage is the coverage that protects you in the event that you are found liable for damages from an accident. It provides you with a defense in court up to the limits shown on your policy. Liability is cheap when compared with rates for comp and collision, so do not skimp.
  • Higher deductibles cost less – Physical damage insurance, also known as collision and other-than-collision, is used to repair damage to your Honda. Some examples of claims that would be covered could be a windshield shattered by a rock, collision with an animal, and rolling your vehicle. The deductibles are how much you are willing to pay out-of-pocket before a claim is paid by your company. The more expense the insured has to pay upfront, the lower your rates will be on Civic insurance.
  • Marriage brings a discount – Having a wife or husband can actually save you money on your insurance policy. Marriage is viewed as being more responsible and it’s statistically proven that married drivers get in fewer accidents.
  • Older drivers pay less – Young drivers have a tendency to be more careless when driving so insurance rates are higher. If you’ve ever had to add a young driver to your policy can really hurt. More mature drivers are viewed as being more responsible, tend to cause fewer accidents and are safer drivers.
  • More people means more accidents – Residing in small towns and rural areas has it’s advantages when it comes to insurance. Lower population translates into fewer accidents and a lower car theft rate. City drivers have to deal with congested traffic and much longer commute distances. More time on the road means more change of being in an accident.

Situations that might require an agent

When choosing coverage for your personal vehicles, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that For example, these questions can aid in determining if your situation would benefit from professional advice.

  • Does my policy pay for OEM or aftermarket parts?
  • Is my teen driver covered when they drive my company car?
  • Who is covered when they drive my 2004 Honda Civic?
  • Does having multiple vehicles earn me a discount?
  • 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 know they apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of car insurance companies in your area. It is quick, free and may give you better protection.

Do you really save 40% when you switch?

Consumers constantly see and hear ads for the lowest price auto insurance from the likes of State Farm, Geico and Progressive. All the companies make the same claim of big savings if you move your coverage to them.

How does each company make the same claim?

Different companies are able to cherry pick for the type of customer that makes them money. For example, a profitable customer could possibly be over the age of 40, has no driving citations, and has great credit. A driver who matches those parameters will get the preferred rates and as a result will probably save when switching.

Drivers who fall outside the requirements will be charged higher prices which usually ends up with business not being written. The ads say “customers who switch” not “everyone that quotes” save money. That’s the way insurance companies can confidently claim big savings.

That is why you should get as many comparisons as possible. You cannot predict which company will have the lowest Honda Civic insurance rates.

Specific coverage details

Understanding the coverages of insurance can help you determine appropriate coverage at the best deductibles and correct limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the normal coverages available from insurance companies.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage reimburse you for immediate expenses for things like chiropractic care, ambulance fees and X-ray expenses. The coverages can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Liability auto insurance – Liability insurance can cover damage that occurs to people or other property in an accident. It protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Alternatively, you may have a combined limit which provides one coverage limit without having the split limit caps.

Liability coverage pays for things like loss of income, structural damage, court costs, funeral expenses and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision – This covers damage to your Civic resulting from a collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like colliding with another moving vehicle, driving through your garage door, scraping a guard rail and backing into a parked car. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Honda Civic.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Usually these coverages are similar to your liability insurance amounts.

Comprehensive insurance – Comprehensive insurance pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as theft, hail damage, a broken windshield, damage from flooding and a tree branch falling on your vehicle. The most your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

A fool and his money are soon parted

When shopping online for insurance coverage, it’s not a good idea to sacrifice coverage to reduce premiums. There have been many situations where an insured cut liability coverage limits and learned later that a couple dollars of savings turned into a financial nightmare. The aim is to find the BEST coverage at a price you can afford while still protecting your assets.

You just learned some good ideas how you can compare 2004 Honda Civic insurance prices online. It’s most important to understand that the more rate quotes you have, the better likelihood of reducing your rate. You may be surprised to find that the best prices are with the smaller companies. Smaller companies often have lower prices on specific markets than the large multi-state companies such as Allstate, Geico and Progressive.

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