Lower Your 2002 Honda Odyssey Car Insurance Quotes

Comparing and finding cheap prices for insurance can be a challenge for drivers who are beginners to shopping for insurance online. Drivers have so many different companies and agents to choose from that it can quickly become a difficult situation to locate the lowest prices.

You should take the time to price shop coverage quite often because rates are adjusted regularly by insurance companies. Just because you found the lowest premium rates on Odyssey coverage a few years ago you can probably find a better price now. Forget anything you know (or think you know) about insurance because I’m going to let you in on the secrets to one of the quickest ways to save money, get proper deductibles and limits, all at the lowest rate.

If you are paying for car insurance now, you should be able to cut costs considerably using this information. Finding more affordable protection can be fairly easy. But vehicle owners must understand how the larger insurance companies determine prices because it can help you find the best coverage.

Lower your insurance coverage rates with discounts

Some insurance providers don’t list the entire discount list very clearly, so the list below gives a summary of both the well known and also the lesser-known discounts that may be available. If you aren’t receiving every discount you deserve, you are paying more than you should be.

  • Low Mileage Discounts – Fewer annual miles on your Honda could earn cheaper rates.
  • Distant Student – Children living away from home attending college and do not have a car may be able to be covered for less.
  • Homeowners Savings – Owning a house can get you a discount because owning a home requires a higher level of personal finance.
  • Military Rewards – Having a family member in the military may lower your rates slightly.
  • Discount for Multiple Policies – When you combine your auto and home insurance and insure them both with the same insurance company you may earn at least 10 to 15 percent or more.
  • No Charge for an Accident – This isn’t a discount exactly, but certain companies will allow you to have one accident before your rates go up if you have no claims for a particular time prior to the accident.
  • Seat Belt Discounts – Requiring all passengers to use their safety belts can save up to 15% off the medical payments premium.
  • Multiple Cars – Buying a policy with several vehicles on one policy could earn a price break for each car.
  • Renewal Discounts – Some larger companies reward drivers for switching to them prior to your current policy expiring. It could save around 10% when you buy insurance online.

Remember that some credits don’t apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as medical payments or collision. So when the math indicates having all the discounts means you get insurance for free, companies don’t profit that way.

A few companies who might offer these discounts include:

When comparing rates, check with every company which discounts you qualify for. Some discounts might not be available to policyholders in your area.

You are unique and your insurance should be too

When it comes to choosing coverage, there really is not a cookie cutter policy. Every insured’s situation is different.

For instance, these questions could help you determine if you would benefit from an agent’s advice.

  • When should I not file a claim?
  • Do I need PIP coverage since I have good health insurance?
  • Why am I required to get a high-risk car insurance policy?
  • What is no-fault insurance?
  • When do I need to add a new car to my policy?
  • Am I insured when driving a different vehicle?
  • Do I need medical payments coverage since I have good health insurance?
  • Does liability extend to a camper or trailer?

If you’re not sure about those questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, complete this form.

Don’t believe everything you hear

Progressive, GEICO, Allstate and State Farm endlessly run ads on television and other media. They all advertise claims of big savings if you switch your policy. How is it plausible that every one can charge you less for car insurance? It’s all in the numbers.

Most companies have a preferred profile for the type of driver that will generate a profit. A good example of this type of insured should be between 30 and 50, has no claims, and drives a safe vehicle. Any person that meets those criteria may get the lowest prices and will most likely save money with a new company.

Consumers who don’t qualify for the “perfect” profile will be quoted higher rates with the end result being the customer buying from a different company. The ads state “people who switch” but not “everyone who gets a quote” will save that much if they switch. That’s the way insurance companies can make those statements.

This really illustrates why it is so important to get price quotes at each policy renewal. Because you cannot predict the company that will have the best premium rates at this point in time.

Information about specific coverages

Having a good grasp of a car insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against things like damage from a tornado or hurricane, a broken windshield, falling objects and hail damage. The highest amount your car insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision protection

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

Collision insurance covers things like driving through your garage door, backing into a parked car, scraping a guard rail and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to raise the deductible to get cheaper collision coverage.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses such as dental work, surgery and prosthetic devices. They can be utilized in addition to your health insurance program or if you are not covered by health insurance. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Uninsured Motorist or Underinsured Motorist insurance

This coverage gives you protection when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your 2002 Honda Odyssey.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Liability coverage

This coverage provides protection from damages or injuries you inflict on people or other property by causing an accident. It protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

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 values of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers claims like funeral expenses, legal defense fees and emergency aid. How much liability coverage do you need? That is up to you, but consider buying as large an amount as possible.

Quote more, save more

As you shop your coverage around, it’s a bad idea to sacrifice coverage to reduce premiums. There have been many situations where someone dropped physical damage coverage only to find out they didn’t purchase enough coverage. Your focus should be to buy the best coverage you can find at the best price while not skimping on critical coverages.

We just showed you some good ideas how to shop for 2002 Honda Odyssey insurance online. The key thing to remember is the more quotes you get, the better your comparison will be. You may even find the lowest priced insurance coverage comes from some of the smallest insurance companies.

Drivers switch companies for a variety of reasons including delays in responding to claim requests, delays in paying claims, policy cancellation and even an unsatisfactory settlement offer. Whatever your reason, finding a great new company can be easy and end up saving you some money.

Additional detailed information is available by following these links: