Trying to find better insurance coverage rates for your Honda Pilot? Expensive insurance coverage can drain your savings account and force you to prioritize other expenses. Doing a price comparison is free, only takes a few minutes, and is a good way to make sure you’re not throwing money away. There are many insurance companies to purchase coverage from, and even though it’s nice to have multiple companies, it can be more difficult to compare rates and cut insurance costs.
Choosing the best insurance company for you is not that difficult. If you are insured now or need new coverage, you can follow these tips to find better prices while maximizing coverage. Drivers just need to learn how to get comparison quotes online.
An important part of buying insurance is that you know the factors that come into play when calculating your insurance rates. Knowing what determines base rates helps enable you to make changes that will entitle you to better insurance rates.
Comparing insurance rates can take time and effort if you don’t know the best way to get rate quotes. You can waste a few hours (or days) driving to local insurance agents in your area, or you could use online quotes to get the quickest rates.
Most major companies are enrolled in a marketplace that allows shoppers to send in one quote, and at least one company can give them a price for coverage. This eliminates the need for quote requests for every insurance company.
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The one downside to doing it this way is you cannot specify which insurance companies you will receive quotes from. So if you want to choose individual companies to compare, we have a page of insurance companies in your area. Click here for list of insurance companies.
Which method you use is up to you, but make darn sure you compare the exact same deductibles and coverage limits on every quote you get. If the quotes have mixed coverages it will be next to impossible to truly determine the lowest rate.
Drivers can’t get away from ads that promise big savings by Geico, State Farm and Progressive. They all seem to have a common claim that you can save if you move to their company.
How can each company say the same thing? It’s all in the numbers.
Different companies are able to cherry pick for the right customer they prefer to insure. For example, a driver they prefer might be between the ages of 30 and 50, insures multiple vehicles, and has excellent credit. A customer getting a price quote that hits that “sweet spot” will get very good rates and as a result will probably save a lot of money.
Drivers who do not match these standards will be quoted higher rates and this can result in business going elsewhere. The ad wording is “people who switch” not “everyone that quotes” save that kind of money. That’s the way insurance companies can confidently advertise the way they do. This emphasizes why drivers must quote coverage with many companies. Because you never know the company that will fit your personal profile best.
Companies offering auto insurance don’t always publicize every discount very clearly, so we break down both the well known and the more hidden discounts you could be receiving. If you’re not getting every credit available, you are throwing money away.
Drivers should understand that many deductions do not apply to the overall cost of the policy. Most only cut the price of certain insurance coverages like collision or personal injury protection. So even though they make it sound like all those discounts means the company will pay you, companies don’t profit that way.
Car insurance companies that possibly offer these money-saving discounts include:
Before buying, ask each insurance company how you can save money. All car insurance discounts might not apply in your area.
When it comes to choosing coverage, there really is no single plan that fits everyone. Every situation is different so your insurance needs to address that. For instance, these questions might help in determining whether you could use an agent’s help.
If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.
Knowing the specifics of your policy can help you determine which coverages you need and proper limits and deductibles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. These are typical coverages found on most auto insurance policies.
Comprehensive coverage
Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims such as fire damage, damage from getting keyed and a broken windshield. The most your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Uninsured/Underinsured Motorist coverage
Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Honda Pilot.
Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.
Medical payments coverage and PIP
Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like dental work, surgery and prosthetic devices. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage
Collision insurance
Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things such as scraping a guard rail, hitting a parking meter, colliding with another moving vehicle and colliding with a tree. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.
Coverage for liability
This provides protection from damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.
Liability can pay for things such as structural damage, pain and suffering and loss of income. How much coverage you buy is up to you, but it’s cheap coverage so purchase as large an amount as possible.
Cheap 2013 Honda Pilot insurance can be bought on the web as well as from independent agents, so you should compare both to get a complete price analysis. Some insurance companies don’t offer the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.
As you prepare to switch companies, don’t be tempted to buy less coverage just to save a little money. In many cases, someone sacrificed full coverage only to regret that the small savings ended up costing them much more. Your goal should be to buy the best coverage you can find for the lowest price while not skimping on critical coverages.