View 1997 Honda Odyssey Car Insurance Cost

Searching for the cheapest car insurance rates for your Honda Odyssey? Are you irritated from scraping nickels together to pay your car insurance bill each month? Your situation is no different than the majority of other people. Lots of insurance companies contend for your business, so it’s not easy to compare every provider to find the lowest price

If you have insurance now or are looking for a new policy, you can use these techniques to reduce the price you pay while maintaining coverages. Choosing the best insurance company for you is not rocket science. Consumers only need to know the tricks to get comparison rates online.

Get cheap auto insurance rates with discounts

Properly insuring your vehicles can get expensive, but you might already qualify for some discounts that many consumers don’t even know exist. Larger premium reductions will be automatically applied at quote time, but a few must be asked for prior to getting the savings.

  • Full Payment Discount – By making one initial payment rather than paying in monthly installments you can avoid the installment charge.
  • Early Signing – Some companies give discounts for signing up before your current coverage expires. You could save around 10% when you buy insurance online.
  • Telematics Data – Drivers who elect to allow their insurance company to scrutinize driving patterns through the use of a telematics system like In-Drive from State Farm and Progressive’s Snapshot could possibly reduce rates if their driving habits are good.
  • Government Employees – Active or retired federal employment could qualify for a slight premium decrease for Odyssey coverage with some auto insurance companies.
  • Claim-Free Discount – Insureds who avoid accidents and claims pay less in comparison with policyholders that have many claims.
  • Discounts for New Vehicles – Putting coverage on a new car may earn a small discount due to better safety requirements for newer models.
  • Multi-car Discount – Buying insurance for multiple cars with the same company can get a discount on all vehicles.
  • Defensive Driver Discounts – Passing a course that instructs on driving safety could cut 5% off your bill if your company offers it.
  • Smart Student Discounts – Excelling in school can save 20 to 25%. The discount lasts well after school through age 25.
  • Homeowners Savings – Simply owning a home can get you a discount because it requires a higher level of personal finance.

One last thing about discounts, most of the big mark downs will not be given the the whole policy. Most only reduce the price of certain insurance coverages like comp or med pay. If you do the math and it seems like you can get free auto insurance, that’s just not realistic.

Some of the larger companies that possibly offer most of the discounts above include:

When comparing rates, check with each company to give you their best rates. A few discounts may not be available in your area. If you would like to see a list of insurers who offer discounts, click here.

Learn how to lower your insurance premiums

Many things are used when you quote your car insurance policy. Some factors are common sense such as your driving history, but other factors are more transparent such as whether you are married or how financially stable you are.

  • Improve your credit history – Having a bad credit rating will be a significant factor in calculating your insurance rates. Drivers who have high credit scores tend to file fewer claims as compared to drivers with poor credit scores. So if your credit is low, you could save money insuring your 1997 Honda Odyssey if you clean up your credit.
  • Proper usage rating affects premiums – The more you drive each year the more it will cost to insure it. Many insurance companies apply a rate based upon how the vehicle is primarily used. Cars and trucks used primarily for pleasure use get more affordable rates than those used for commuting. Incorrect rating for your Odyssey may be costing you. It’s a good idea to make sure your declarations sheet correctly shows the correct usage, because improper ratings can cost you money.
  • Insure your auto and home with one company – The majority of companies will award better rates for people that have more than one policy in the form of a multi-policy discount. The amount of the discounts can be ten or even up to twenty percent in some cases. Even though this discount sounds good, it’s in your best interest to compare rates to make sure you are getting the best deal.
  • Accidents will cost you – Attentive drivers tend to pay less for car insurance compared to bad drivers. Just one speeding ticket can increase rates substantially. Drivers who have severe violations like DWI, reckless driving or hit and run convictions may find that they have to to complete a SR-22 with their state’s department of motor vehicles in order to keep their license.

Tailor your auto insurance coverage to you

When it comes to choosing the right insurance coverage, there isn’t really a best way to insure your cars. Every insured’s situation is different and a cookie cutter policy won’t apply. For instance, these questions may help highlight whether your personal situation could use an agent’s help.

  • Do I need special endorsements for business use of my vehicle?
  • Do I need higher collision deductibles?
  • Am I covered by my spouse’s policy after a separation?
  • Do I need to file an SR-22 for a DUI in my state?
  • Are rental cars covered under my policy?
  • Can I afford to pay high deductible claims out of pocket?

If you’re not sure about those questions but you know they apply to you then you might want to talk to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.

The largest companies are not always cheapest

Drivers constantly see and hear ads that claim the best premium rates from companies such as GEICO, State Farm and Progressive. All the companies seem to make the promise that people will save if you get a free insurance quote and switch to them.

How does each company claim to save you money? It’s all in the words they use.

All the different companies have specific guidelines for the type of driver that earns them the highest profit. An example of a preferred risk could be a mature driver, has no prior claims, and insures a new vehicle. Anybody that hits that “sweet spot” will get the preferred prices and have a good chance to save if they switch.

Potential customers who do not meet this stringent profile may receive a more expensive rate and business not being written. If you pay attention, the ads say “customers who switch” not “everyone who quotes” save the amount stated. That is how insurance companies can make claims like that.

Each company has different criteria, so you need to compare as many free insurance quotes as you can. It’s just not possible to know which insurance company will have the best premium rates for your profile.

Learn about insurance coverages for a 1997 Honda Odyssey

Understanding the coverages of your insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find the usual coverages offered by insurance companies.

Comprehensive insurance

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as damage from a tornado or hurricane, fire damage, falling objects and vandalism. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for bills for things like rehabilitation expenses, EMT expenses, surgery and dental work. They are used in conjunction with a health insurance program or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability coverage

Liability coverage provides protection from injuries or damage you cause to other people or property that is your fault. This coverage protects you from legal claims by others. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy 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. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims like bail bonds, repair costs for stationary objects, loss of income, emergency aid and court costs. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Auto collision coverage

Collision insurance pays to fix your vehicle from damage caused by collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as driving through your garage door, damaging your car on a curb, colliding with another moving vehicle, crashing into a building and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your 1997 Honda Odyssey.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Usually the UM/UIM limits are set the same as your liablity limits.

Knowledge is power

Some insurance providers may not offer rates over the internet smaller providers provide coverage only through independent agencies. Cheaper car insurance is available online as well as from insurance agents, and you should compare price quotes from both to have the best chance of lowering rates.

When shopping online for car insurance, it’s not a good idea to skimp on coverage in order to save money. There are many occasions where someone dropped uninsured motorist or liability limits and discovered at claim time they didn’t purchase enough coverage. The ultimate goal is to purchase a proper amount of coverage for the lowest cost but still have enough coverage for asset protection.

Throughout this article, we presented many ideas to get a better price on 1997 Honda Odyssey insurance. It’s most important to understand that the more rate comparisons you have, the better your comparison will be. Consumers may even find the lowest priced car insurance comes from a small local company. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate or State Farm.

More articles