1991 Honda Prelude Car Insurance Quotes – 10 Ways to Save

Feel like you have high-priced insurance? It’s a common feeling and you are not the only one feeling buyer’s remorse.

Drivers have so many insurers to insure vehicles with, and although it’s nice to be able to choose, more options can take longer to find the lowest cost provider.

Smart consumers take time to compare prices yearly since prices are adjusted regularly by insurance companies. Just because you found the best price for Prelude coverage a couple years back you can probably find a better rate quote now. There is a lot of wrong information about insurance out there, but by reading this article, you’re going to learn some great ideas on how to save money.

Finding affordable coverage is not that difficult. If you have car insurance now, you will be able to cut costs considerably using these methods. Nevertheless, consumers do need to understand how companies price insurance differently and use this information to your advantage.

Auto insurance discounts help cut rates

Auto insurance is not cheap nor is it fun to buy but you can get discounts that could help you make your next renewal payment. Certain discounts will be triggered automatically when you get a quote, but some need to be specially asked for before they will apply.

  • Discount for Life Insurance – Some insurance carriers give a break if you buy life insurance.
  • Low Mileage Discounts – Maintaining low annual mileage could earn substantially lower rates.
  • No Claims – Insureds who avoid accidents and claims can earn big discounts in comparison to bad drivers.
  • Driver Safety – Participating in a safe driver class could save 5% or more if you qualify.
  • Telematics Data – Drivers that enable driving data submission to analyze driving manner by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm might get better premium rates if they are good drivers.
  • New Car Discount – Insuring a vehicle that is new can cost up to 25% less because new vehicles are generally safer.
  • Military Rewards – Having an actively deployed family member could trigger a small discount.
  • Professional Memberships – Joining a professional or civic organization is a good way to get lower rates on your policy.
  • Student in College – Older children who live away from home to go to college and do not take a car to college could get you a discount.
  • Student Discounts – A discount for being a good student can get you a discount of up to 25%. The discount lasts up until you turn 25.

We need to note that some credits don’t apply to the overall cost of the policy. Most only cut specific coverage prices like liability and collision coverage. Despite the fact that it seems like you could get a free auto insurance policy, company stockholders wouldn’t be very happy.

Car insurance companies that may offer quotes with these money-saving discounts include:

Double check with every insurance company which discounts can lower your rates. Some of the earlier mentioned discounts may not apply everywhere.

Which is the best insurance?

When it comes to buying coverage, there isn’t really a one size fits all plan. Everyone’s situation is unique so this has to be addressed. Here are some questions about coverages that could help you determine if you may require specific advice.

  • I have good health insurance, so how much medical payments coverage do I need?
  • Can I get a multi-policy discount?
  • How high should my medical payments coverage be?
  • Am I covered when using my vehicle for business?
  • Does my 1991 Honda Prelude need full coverage?
  • Should I put collision coverage on all my vehicles?
  • Do I need replacement cost coverage on my 1991 Honda Prelude?
  • I don’t drive much so do I pay less?
  • Do I need more liability coverage?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an agent. To find an agent in your area, fill out this quick form or click here for a list of insurance companies in your area.

Drivers who switch save $439 a year? Really?

Big name companies like Progressive, Allstate and GEICO regularly use ads on TV and radio. They all advertise the message that people will save if you switch your auto insurance policy to them. But how can every company offer you a better deal? It’s all in the wording.

Different companies have a certain “appetite” for the type of insured that will add to their bottom line. An example of a profitable risk profile may be a married male, has never had a claim, and drives a lower-performance vehicle. Anyone who matches that profile receives the best rates and will also save if they switch.

Potential customers who may not quite match those criteria must pay higher premium rates with the end result being the prospect going elsewhere. The wording the ads use say “drivers that switch” not “everyone that quotes” can save as much as they claim. That’s why companies can truthfully make the claims of big savings. This emphasizes why you really need to do a quote comparison often. It is just not possible to predict with any certainty which company will give you lower rates than your current company.

Car insurance 101

Learning about specific coverages of a insurance policy can be of help when determining the right coverages for your vehicles. Policy terminology can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverage types found on most insurance policies.

Medical payments and PIP coverage – Med pay and PIP coverage provide coverage for expenses like funeral costs, pain medications, chiropractic care and EMT expenses. They are used in conjunction with a health insurance program or if you do not have health coverage. They cover all vehicle occupants and will also cover getting struck while a pedestrian. PIP is not an option in every state and may carry a deductible

Liability coverage – Liability coverage provides protection from injuries or damage you cause to other’s property or people. It protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability can pay for claims such as emergency aid, funeral expenses, legal defense fees, attorney fees and repair bills for other people’s vehicles. How much liability should you purchase? That is a decision to put some thought into, but you should buy as much as you can afford.

Collision coverage – Collision coverage pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as hitting a mailbox, backing into a parked car and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to raise the deductible to get cheaper collision coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Honda Prelude.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Comprehensive auto coverage – Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, vandalism, hitting a deer, rock chips in glass and hail damage. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Make a quick buck

We covered quite a bit of information on how to shop for 1991 Honda Prelude insurance online. It’s most important to understand that the more price quotes you have, the better your comparison will be. Consumers may even find the lowest premium rates come from some of the smallest insurance companies. These smaller insurers may cover specific market segments cheaper than the large multi-state companies such as State Farm or Progressive.

When getting auto insurance quotes online, don’t be tempted to reduce coverage to reduce premium. There are many occasions where an insured dropped full coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy the best coverage you can find at the best cost, not the least amount of coverage.

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