2002 Honda Civic Car Insurance Cost

Consumers that are new to comparing car insurance prices on the internet may find locating inexpensive insurance can be quite difficult.

Insurance rates are influenced by these factors

Many different elements are part of the calculation when pricing auto insurance. Some are obvious like a motor vehicle report, although some other factors are less apparent such as whether you are married or your vehicle rating.Consumers need to have an understanding of a few of the rating criteria that come into play when calculating the level of your policy premiums. When you understand what influences your rates, this allows you to make good choices that could result in cheaper rates.

  • Teen vs. older drivers – Inexperience drivers are statistically proven to be easily distracted behind the wheel and because of this, their auto insurance rates are much higher. Older, more experienced drivers are shown to be more cautious, file fewer claims .
  • Low mileage costs less – Driving a lot of miles each year the more you’ll pay to insure it. The majority of insurers charge to insure your cars based on their usage. Cars and trucks not used for work or commuting qualify for better rates than vehicles that are driven to work every day. Having an incorrect usage rating on your Civic is just wasting money. It’s a good idea to make sure your auto insurance coverage is showing how each vehicle is driven.
  • Lower deductibles cost more – Physical damage coverage, aka comp and collision, is used to repair damage to your vehicle. A few examples of covered claims are a broken side mirror, collision with an animal, and damage caused by flying debris. The deductibles you choose tell how much you are required to pay if a covered claim is submitted. The more damage repair cost the insured has to pay upfront, the better rate you will receive for Civic coverage.
  • Use credit responsibly and save – Having a bad credit rating will be a significant factor in determining what you pay. So if your credit rating is lower than you’d like, you could potentially save money when insuring your 2002 Honda Civic by improving your rating. Insureds with very high credit ratings tend to be more responsible than those with lower credit scores.
  • Don’t buy extra coverages that aren’t used – Insurance companies have many additional extra coverages that can add up if you don’t pay attention. Things like vanishing deductibles, towing, and extra equipment coverage are some examples. They may seem good when discussing your needs, but if you don’t need them remove them and pocket the money.

Compare insurance quotes online

When shopping for insurance there are multiple ways to compare rate quotes from all the different companies. The recommended way to find affordable 2002 Honda Civic insurance rates is simply to get online rate quotes. It’s really quite simple and can be done in several different ways.

  1. The most efficient method consumers can make multiple comparisons would be an industry-wide quote request form like this one (opens in new window). This style of form prevents you from having to do repetitive form entry for every prospective company. Completing one form gets prices estimates from multiple low-cost companies. Recommended for those who want to invest the least amount of time.
  2. A less efficient way to find lower rates requires a trip to the website of each company to request a price quote. For examples sake, let’s say you are doing a rate comparison from Liberty Mutual, Safeco and Allstate. You would need to take the time to go to each site and type in your information over and over, which is why the first method is quicker.

    For a handy list of car insurance company links in your area, click here.

  3. The last method to quote and compare insurance rates is driving around to and from local insurance agencies. The ability to get quotes online eliminates the need for an insurance agent unless you’re the type of person who wants the peace of mind that only an agent can give. It is possible with some companies find lower rates online but buy the policy through an agent.

It’s up to you how you get prices quotes, just compare the exact same deductibles and coverage limits with every price quote. If you use different coverage information you will not be able to make a fair comparison for your Honda Civic. Quoting even small variations in insurance coverages or limits can result in a big premium difference. Just remember that more quotes will enable you to find the best price.

Insurance advertising tricks

Popular insurance providers such as 21st Century, Allstate and State Farm constantly bombard you with ads on television and other media. All the companies advertise the message about savings if you switch your insurance coverage to their company. But how can every company charge lower premium rates?

Companies have a certain “appetite” for the type of customer that earns them a profit. For instance, a profitable insured could possibly be a female over age 40, owns their home, and does not commute to work. Any person who fits that profile will get very good premium rates and as a result will probably save when switching.

Insureds who fall outside those criteria will probably have to pay higher premiums and this results in the customer not buying. The ad wording is “drivers that switch” but not “all drivers who get quotes” save that kind of money. That is how insurance companies can make the claims of big savings. Different companies use different criteria so it’s extremely important to do a quote comparison often. It’s impossible to know which insurance company will give you lower car insurance rates than your current company.

Discounts for affordable insurance rates

Some companies do not advertise every possible discount in a way that’s easy to find, so the list below details some of the more common and also the more inconspicuous savings tricks you should be using when you buy insurance online. If you do not double check each discount possible, you’re paying more than you need to.

  • Low Mileage Discounts – Maintaining low annual mileage may enable drivers to earn lower prices on the low mileage vehicles.
  • Early Switch Discount – A few larger companies offer discounts for renewing your policy before your current expiration date. This can save 10% or more.
  • Good Student Discount – Performing well in school could provide a savings of up to 20% or more. The good student discount can last up to age 25.
  • Defensive Driving Course – Taking time to complete a defensive driving course could save 5% or more if your company offers it.
  • Telematics Devices – Drivers that enable driving data submission to track vehicle usage remotely like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease if they exhibit good driving behavior.
  • One Accident Forgiven – This one is not really a discount per se, but certain companies will allow you to have one accident before hitting you with a surcharge if you are claim-free before the accident.
  • Active Military Service – Having a family member in the military could trigger a small discount.
  • Accident-Free Discounts – Good drivers with no accidents can earn big discounts in comparison with accident-prone drivers.

As a sidenote, most discount credits are not given the the whole policy. A few only apply to specific coverage prices like physical damage coverage or medical payments. So when the math indicates you would end up receiving a 100% discount, companies don’t profit that way.

Popular insurance companies and a partial list of their discounts are outlined below.

  • State Farm offers discounts for Steer Clear safe driver discount, multiple policy, Drive Safe & Save, defensive driving training, anti-theft, and accident-free.
  • Progressive may include discounts for multi-vehicle, homeowner, multi-policy, online quote discount, and online signing.
  • Progressive offers premium reductions for multi-vehicle, homeowner, online quote discount, good student, multi-policy, and continuous coverage.
  • MetLife includes discounts for good student, claim-free, good driver, accident-free, defensive driver, and multi-policy.
  • Farm Bureau may have discounts that include driver training, renewal discount, multi-policy, good student, multi-vehicle, and 55 and retired.
  • GEICO has savings for multi-vehicle, defensive driver, anti-lock brakes, air bags, seat belt use, and daytime running lights.
  • SAFECO offers discounts including teen safety rewards, drive less, teen safe driver, safe driver, homeowner, bundle discounts, and anti-lock brakes.

When getting a coverage quote, ask every company which discounts you qualify for. All car insurance discounts may not apply to policyholders in every state. If you would like to view insurers that offer multiple discounts, follow this link.

Tailor your insurance coverage coverage to you

When it comes to buying coverage, there isn’t really a perfect coverage plan. Everyone’s situation is unique.

For instance, these questions can help discover if your situation would benefit from professional advice.

  • Do I need added coverage for expensive stereo equipment?
  • Do I need replacement cost coverage on my 2002 Honda Civic?
  • Is rental equipment covered for theft or damage?
  • Should I bundle my homeowners policy with my auto?
  • Does my policy pay for OEM or aftermarket parts?
  • Is my business laptop covered if it gets stolen from my vehicle?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out this quick form.

Car insurance coverage breakdown

Knowing the specifics of your car insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. Car insurance terms can be impossible to understand and nobody wants to actually read their policy.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like damage from getting keyed, theft, vandalism, damage from a tornado or hurricane and falling objects. The highest amount a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Coverage for collisions

This covers damage to your Civic caused by collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision can pay for things such as backing into a parked car, crashing into a ditch, damaging your car on a curb, sustaining damage from a pot hole and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for bills for things like rehabilitation expenses, dental work, hospital visits and prosthetic devices. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and damage to your Honda Civic.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Liability coverages

Liability coverage protects you from damages or injuries you inflict on people or other property that is your fault. This coverage protects you against other people’s claims. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability can pay for things such as repair costs for stationary objects, medical expenses and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

One last thing

Some insurance coverage companies may not offer rates over the internet smaller companies sell through local independent agencies. Cost effective 2002 Honda Civic insurance can be sourced from both online companies and from local insurance agents, so you should compare both to have the best rate selection.

As you restructure your insurance plan, it’s a bad idea to skimp on critical coverages to save a buck or two. In many cases, drivers have reduced full coverage only to find out that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to purchase a proper amount of coverage at a price you can afford, but don’t skip important coverages to save money.

Consumers leave their current company for any number of reasons including high rates after DUI convictions, extreme rates for teen drivers, lack of trust in their agent or unfair underwriting practices. Regardless of your reason, switching insurance coverage companies can be pretty painless.

Additional detailed information is located in these articles: