2004 Honda Pilot Insurance Cost – 8 Savings Tips

Finding affordable insurance can be hard for people who are new to comparing rates online. You have so many options available that it can turn into a lot of work to find the best price.

Finding affordable coverage is easy if you know what you’re doing. If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using this information. But car owners do need to understand how the larger insurance companies sell insurance online and use this information to your advantage.

How to Lower Your Car Insurance Cost

There are several ways to shop for Honda Pilot car insurance, but some are more efficient than others. You can waste a few hours (or days) discussing policy coverages with insurance companies in your area, or you could use the internet to quickly compare rates.

All the larger companies belong to an insurance system where prospective buyers submit one quote, and at least one company can give them a price. This saves time by eliminating repetitive form submissions for each company. To find out what other companies charge for 2004 Honda Pilot insurance click here (opens in new window).

One minor caviat to comparing rates this way is you can’t choose which companies to receive prices from. So if you want to choose specific insurance companies to compare rates, we have a listing of the cheapest car insurance companies in your area. Click here for list of insurance companies.

Whichever way you use, make darn sure you compare the exact same coverages and limits for each comparison quote. If each company quotes different deductibles it’s impossible to make a fair comparison for your Honda Pilot. Slightly different coverage limits may cause a big price difference. And when comparing car insurance rates, know that getting more free quotes helps you find the best offered rates.

Buyer beware of insurance coverage advertising tricks

State Farm, Geico and Progressive constantly bombard you with television and radio advertisements. All the companies make an identical promise of big savings if you switch to them. How do they all say the same thing?

Insurance companies have a certain “appetite” for the right customer that earns them a profit. For example, a driver they prefer might be profiled as between 30 and 50, has no tickets, and has great credit. A customer getting a price quote who meets those qualifications will get the preferred rates and as a result will probably save quite a bit of money when switching.

Drivers who do not match the requirements must pay more money and this can result in the customer not buying. Company advertisements say “customers who switch” not “everyone that quotes” save that much money. That’s the way insurance companies can advertise the way they do. This illustrates why drivers should get a wide range of price quotes. You cannot predict which insurance coverage company will have the lowest Honda Pilot insurance rates.

Save on 2004 Honda Pilot insurance

Car insurance companies do not list all available discounts very clearly, so we took the time to find both the well known and the harder-to-find discounts you could be receiving.

  • College Student – Youth drivers who live away from home and don’t have a car can receive lower rates.
  • Driver Safety – Taking part in a course teaching defensive driving skills could cut 5% off your bill and easily recoup the cost of the course.
  • Sign Online – A few companies may give you up to $50 just for signing your application online.
  • Student Driver Training – Have your child take driver’s ed class in high school.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10%.
  • Good Student Discount – Performing well in school can save 20 to 25%. The discount lasts until age 25.
  • Air Bag Discount – Factory air bags and/or automatic seat belt systems can receive discounts of more than 20%.
  • Clubs and Organizations – Affiliation with a professional or civic organization could trigger savings when shopping for insurance coverage on Pilot coverage.

It’s important to note that many deductions do not apply to all coverage premiums. Some only apply to specific coverage prices like medical payments or collision. Just because you may think you would end up receiving a 100% discount, you won’t be that lucky.

Companies that possibly offer these discounts may include but are not limited to:

It’s a good idea to ask every prospective company what discounts are available to you. Some discounts might not apply in your state.

Tailor your coverage to you

When it comes to buying adequate coverage for your personal vehicles, there really is not a “perfect” insurance plan. Each situation is unique.

For example, these questions might help in determining if your situation would benefit from professional advice.

  • Is my babysitter covered when using my vehicle?
  • Does liability extend to a camper or trailer?
  • When should I buy a commercial auto policy?
  • Do I have any recourse if my insurance company denies a claim?
  • Should I bundle my homeowners policy with my auto?
  • Why am I required to get a high-risk car insurance policy?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Car insurance coverage breakdown

Understanding the coverages of a car insurance policy can be of help when determining appropriate coverage for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Honda Pilot.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family.

Comprehensive protection

Comprehensive insurance coverage covers 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 coverage protects against claims like hitting a bird, fire damage, hail damage, theft and falling objects. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as X-ray expenses, surgery and dental work. They are often used in conjunction with a health insurance policy or if you do not have health coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Collision protection

This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like driving through your garage door, hitting a mailbox and crashing into a ditch. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also increase the deductible to bring the cost down.

Liability car insurance

Liability coverage will cover injuries or damage you cause to other’s property or people. It protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

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 that means you have $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims such as pain and suffering, repair bills for other people’s vehicles, emergency aid, medical services and legal defense fees. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

More quotes mean more savings

As you shop your coverage around, don’t be tempted to skimp on coverage in order to save money. There are a lot of situations where an accident victim reduced liability limits or collision coverage to discover at claim time that the savings was not a smart move. Your goal should be to purchase plenty of coverage for the lowest price while still protecting your assets.

You just read some good ideas how to lower your 2004 Honda Pilot insurance rates. The key concept to understand is the more you quote, the higher your chance of finding lower rates. Consumers may even find the lowest priced car insurance comes from a company that doesn’t do a lot of advertising.

Insureds who switch companies do it for many reasons like delays in responding to claim requests, questionable increases in premium, high prices and an unsatisfactory settlement offer. Whatever your reason, choosing a new insurance company can be easy and end up saving you some money.

More detailed car insurance information can be read by following these links: