Compare 1992 Honda Prelude Car Insurance Quotes

Looking for lower insurance coverage rates? Shoppers have a choice when shopping for low-cost Honda Prelude insurance. You can either waste hours calling around to get rate comparisons or use the internet to make rate comparisons.

There are both good and bad ways to compare insurance coverage rates and we’ll show you the proper way to compare rates for a new or used Honda and find the cheapest rates either online or from local insurance agents.

It’s a good idea to compare premium rates once or twice a year since insurance prices fluctuate regularly. Despite the fact that you may have had the lowest rate on Prelude insurance six months ago you can probably find a better premium rate now. Don’t believe everything you read about insurance coverage on the internet, but in just a couple of minutes you can learn a bunch of ideas how to buy insurance coverage cheaper.

Auto insurance companies offer many discounts

Some insurers do not list their entire list of discounts very clearly, so the list below contains some of the more common in addition to some of the lesser obvious credits that may apply to you. If they aren’t giving you every credit you deserve, you could be getting lower rates.

  • Early Renewal Discounts – Some companies reward drivers for renewing your policy early. It could save around 10% when you buy insurance online.
  • Low Mileage Discounts – Fewer annual miles on your Honda could be rewarded with lower auto insurancerates on the low mileage vehicles.
  • Good Student – Being a good student may save as much as 25% on a insurance quote. Many companies even apply the discount to college students well after school through age 25.
  • Club Memberships – Affiliation with a qualifying organization could earn you a nice discount on your bill.
  • Multiple Policy Discount – When you combine your home and auto insurance and insure them with the same company you could earn a discount of up to 20% off your total premium.
  • Pay Upfront and Save – If you pay your bill all at once instead of paying each month you can actually save on your bill.
  • Driver Training Discounts – Taking time to complete a driver safety course is a good idea and can lower rates and also improve your driving technique.
  • Cautious Driver Discounts – Drivers without accidents can pay as much as 50% less on Prelude insurance than drivers with accident claims.
  • Telematics Devices – Policyholders that allow their insurance company to scrutinize vehicle usage by installing a telematics device like In-Drive from State Farm and Progressive’s Snapshot could possibly reduce rates if they have good driving habits.

Please keep in mind that many deductions do not apply the the whole policy. The majority will only reduce the cost of specific coverages such as medical payments or collision. If you do the math and it seems like you would end up receiving a 100% discount, nobody gets a free ride.

A few popular companies and some of their more popular discounts are outlined below.

  • Farmers Insurance may include discounts for switch companies, pay in full, business and professional, good student, alternative fuel, teen driver, and youthful driver.
  • Esurance may have discounts that include DriveSense, paid-in-full, online quote, multi-policy, and good driver.
  • State Farm offers premium reductions for driver’s education, multiple autos, multiple policy, safe vehicle, good student, and student away at school.
  • GEICO offers discounts for air bags, military active duty, multi-policy, good student, defensive driver, and emergency military deployment.
  • Allstate includes discounts for auto/life discount, safe driver, good payer, farm vehicle, and senior citizen.

When getting a coverage quote, ask every insurance company which discounts they offer. All car insurance discounts may not be offered in your area. To find companies with discount auto insurance rates, click here to view.

Smart buyers can lower their insurance prices

Many things are considered when you quote your car insurance policy. A few of the factors are predictable such as your driving history, but other criteria are not as apparent such as your credit history and annual miles driven.

The list below includes some of the items used by companies to determine your premiums.

  • Costs are affected by your address – Living in smaller towns and rural areas of the country has definite advantages when trying to find low car insurance rates. Fewer drivers corresponds to lower accident rates as well as less vandalism and auto theft. Drivers in populated areas have to deal with more aggressive driving styles and much longer commute distances. Higher commute times means more chance of being in an accident.
  • Drive less and get lower costs – The more you drive your Honda in a year’s time the higher the price you pay to insure it. A lot of companies rate vehicles based upon how you use the vehicle. Vehicles used primarily for pleasure use can be on a lower rate level than vehicles that have high annual mileage. It’s always a good idea to double check that your auto insurance declarations sheet is rated on how each vehicle is driven, because it can save money. An incorrectly rated Prelude can cost quite a bit.
  • Low coverage deductibles can be expensive – Physical damage protection, aka comp and collision, protects your Honda from damage. Some coverage claims would be collision with another vehicle, damage from fire, or theft. Comprehensive and collision coverage deductibles are how much you are required to spend if a claim is determined to be covered. The larger the amount you’re willing to pay, the better rate you will receive on Prelude insurance.
  • Gender and car insurance premiums – Over the last 30 years, statistics show that men are more aggressive behind the wheel. This data doesn’t prove that females are better drivers. Both sexes are responsible for at-fault accidents at a similar rate, but men have accidents that have higher claims. Men also get more serious tickets such as driving while intoxicated (DWI) or driving recklessly. Youthful male drivers cause the most accidents and thus pay the highest rates.

Do I just need basic coverages?

When choosing proper insurance coverage, there isn’t really a best way to insure your cars. Coverage needs to be tailored to your specific needs.

For instance, these questions may help highlight whether or not you will benefit from professional help.

  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Am I covered when driving in Canada or Mexico?
  • Do I need special endorsements for business use of my vehicle?
  • When would I need rental car insurance?
  • Is a fancy paint job covered?
  • How high should deductibles be on a 1992 Honda Prelude?
  • Does liability extend to a camper or trailer?
  • Am I covered when driving a rental car?
  • Are split liability limits better than a combined single limit?

If you can’t answer these questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form. It only takes a few minutes and may give you better protection.

Are auto insurance companies telling the truth?

Consumers can’t avoid all the ads for cheaper auto insurance by companies like Allstate and Progressive. They all seem to say the same thing of big savings after switching to their company.

It sounds good, but how can they all give you a lower rate? It’s all in the words they use.

Insurance providers have strict underwriting profiles for the type of insured that earns them the highest profit. For example, a driver they prefer could be between the ages of 30 and 50, has a clear driving record, and drives less than 5,000 miles a year. A driver who fits that profile will qualify for the lowest car insurance rates and most likely will cut their rates substantially.

People who do not fit these criteria may be required to pay a higher rate with the end result being the prospect going elsewhere. The trick is to say “drivers that switch” not “everyone who quotes” can save as much as they claim. That is how insurance companies can advertise the savings.

Because of this risk profiling, drivers should compare as many free insurance quotes as you can. Because you never know the company that will fit your personal profile best.

Insurance coverages and their meanings

Knowing the specifics of your insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and coverage can change by endorsement.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance provide coverage for expenses for X-ray expenses, nursing services and prosthetic devices. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

Collision coverage

Collision insurance pays to fix your vehicle from damage resulting from a collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like rolling your car, scraping a guard rail, sustaining damage from a pot hole, crashing into a building and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to save money on collision insurance.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Most of the time these limits are similar to your liability insurance amounts.

Liability

This provides protection from damage or injury you incur to other people or property that is your fault. It protects you against claims from other people, and does not provide coverage for 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. Your policy might show limits of 25/50/25 which stand for $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers things such as loss of income, attorney fees, repair bills for other people’s vehicles and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but consider buying higher limits if possible.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as rock chips in glass, hitting a bird, falling objects, hitting a deer and a broken windshield. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Spend less. Save more.

Cost effective 1992 Honda Prelude insurance can be found both online and from local agencies, so you need to quote insurance with both in order to have the best price selection to choose from. Some insurance providers do not offer price quotes online and most of the time these regional insurance providers provide coverage only through independent insurance agents.

Consumers switch companies for a number of reasons such as delays in responding to claim requests, lack of trust in their agent, high prices or high rates after DUI convictions. No matter why you want to switch, switching car insurance companies is less work than it seems.

As you restructure your insurance plan, it’s not a good idea to buy less coverage just to save a little money. In many instances, someone dropped comprehensive coverage or liability limits and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy a smart amount of coverage at the best price but still have enough coverage for asset protection.

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