Compare 2004 Honda Element Car Insurance Quotes

If you’ve never shopped for auto insurance quotes online, by this point your are probably overwhelmed due to the large selection insurance agents and companies offering coverage.

Consumers need to compare prices before your next renewal since prices are constantly changing. Just because you had the lowest price on Element coverage a year ago you can probably find a better rate now. Block out anything you think you know about insurance because we’re going to demonstrate the fastest way to buy cheaper insurance.

Pricing affordable coverage is easy if you know what you’re doing. Just about everyone who has to buy car insurance will most likely be able to save money. But consumers must learn the way companies price online insurance and apply this information to your search.

How to buy car insurance online

Shopping for lower car insurance rates can take hours if you aren’t aware of the most efficient way to do it. You can waste a lot of time talking to agents in your area, or you could save time and use online quotes to get prices fast.

Many companies participate in a marketplace that enables customers to enter their policy data once, and each company returns a competitive quote based on the submitted data. This saves time by eliminating quotation requests to each company. To compare rates now click here to open in new window.

The one disadvantage to using this type of system is that consumers can’t choose the companies to get pricing from. So if you prefer to choose from a list of companies to compare rates, we have a listing of low cost car insurance companies in your area. Click here to view list.

Whichever way you choose to compare rates, make absolute certain that you use identical information for each quote you get. If you have higher or lower deductibles it’s impossible to determine which company has the best rates. Just a small difference in insurance coverages or limits could mean much higher rates. Just remember that comparing a wide range of rates helps locate better pricing. Some companies don’t provide quotes online, so it’s necessary to compare prices from those companies as well.

Car insurance policy discounts you can’t miss

Car insurance can be pricey, but there could be significant discounts to reduce the price significantly. Some trigger automatically when you get a quote, but occassionally some discounts must be asked about in order for you to get them.

  • Driver Safety – Taking time to complete a class that teaches defensive driving techniques is a good idea and can lower rates if your company offers it.
  • Anti-theft Discount – Cars, trucks, and SUVs optioned with advanced anti-theft systems are stolen with less frequency and will qualify for a discount on a auto insurance quote.
  • Military Discounts – Being on active deployment in the military could mean lower rates.
  • Save over 55 – If you qualify as a senior citizen, you can possibly qualify for better car insurance rates on Element coverage.
  • Distant Student – Older children who are enrolled in a college that is more than 100 miles from home without a vehicle on campus may qualify for this discount.
  • Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn better rates if you take out a life policy as well.

As a sidenote, most discount credits are not given to your bottom line cost. Most only cut specific coverage prices like comprehensive or collision. So when it seems like having all the discounts means you get insurance for free, nobody gets a free ride.

Popular car insurance companies and their possible discounts are included below.

  • GEICO offers discounts for five-year accident-free, military active duty, anti-lock brakes, good student, membership and employees, and defensive driver.
  • SAFECO has savings for homeowner, accident prevention training, multi-car, drive less, and bundle discounts.
  • State Farm discounts include multiple policy, passive restraint, multiple autos, defensive driving training, student away at school, safe vehicle, and good driver.
  • MetLife has discounts for defensive driver, good driver, accident-free, good student, multi-policy, and claim-free.
  • 21st Century may offer discounts for theft prevention, anti-lock brakes, teen driver, homeowners, and driver training.
  • Progressive includes discounts for online quote discount, multi-vehicle, multi-policy, good student, and online signing.

If you want affordable auto insurance quotes, ask every insurance company to apply every possible discount. Some credits may not apply to policyholders everywhere. If you would like to view companies with discount rates, click here.

Why your insurance rates might be higher

Smart consumers have a good feel for some of the factors that help determine your premiums. When you know what positively or negatively influences your rates, this enables you to make decisions that can earn you cheaper rates.

The list below includes some of the items utilized by car insurance companies to help set premiums.

  • Females pay lower rates – Over time, data shows that females take fewer risks when driving. It does not mean females are better at driving than males. Women and men tend to get into accidents in similar numbers, but men have costlier accidents. Men also receive more costly citations such as reckless driving.
  • Qualify for multi-policy discounts – Most larger auto insurance companies will award a discount for people that have more than one policy. It’s known as a multi-policy discount. Discounts can amount to anywhere from five to ten percent in most cases. If you currently are using one company, drivers will still want to comparison shop to help ensure you have the lowest rates. It’s possible to still find better rates by splitting coverages up.
  • Vehicle features impact premiums – Selecting a car model with an alarm system can help bring down rates. Systems that thwart theives like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent auto theft and help lower rates.
  • What’s your car’s crash test rating? – Safer cars are cheaper to insure. These vehicles reduce injuries and reduced instances of injuries means less claims paid which can result in lower premiums. If your Honda Element is rated at a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you may be receiving a better rate.

Insurance agents can help

When choosing proper insurance coverage, there is no cookie cutter policy. Everyone’s needs are different.

For instance, these questions may help highlight whether your personal situation may require specific advice.

  • Are all vehicle passengers covered by medical payments coverage?
  • How much underlying liability do I need for an umbrella policy?
  • Do I benefit by insuring my home with the same company?
  • Can my babysitter drive my car?
  • Why do I only qualify for high-risk insurance?
  • Is borrowed equipment or tools covered if stolen or damaged?

If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form.

Auto insurance buyers beware

Auto insurance providers like State Farm and Allstate consistently run television, radio, and online ads. All the companies tend to make the same promise that drivers can save some big amount if you change to them. How does each company give you a lower rate? This is the way they can do it.

Different companies have a certain “appetite” for the driver that will not have excessive claims. For instance, a desirable risk could possibly be between 25 and 40, has a clean driving record, and has excellent credit. Any driver who matches that profile is entitled to the best price and will also save when switching.

Drivers who fall short of the ideal profile must pay a higher premium which results in business not being written. Company advertisements say “customers that switch” not “everyone that quotes” save that much when switching. This is how insurance companies can confidently lure you into getting a quote.

Because of these techniques, it is so important to get as many free auto insurance quotes as possible. It’s just too difficult to predict which auto insurance company will give you the biggest savings.

Car insurance coverage basics

Having a good grasp of a car insurance policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses such as chiropractic care, rehabilitation expenses, funeral costs, doctor visits and prosthetic devices. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants as well as getting struck while a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision insurance

This covers damage to your Element resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims like driving through your garage door, damaging your car on a curb and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Another option is to choose a higher deductible to get cheaper collision coverage.

Liability

Liability coverage will cover damage that occurs to people or other property in an accident. It protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability can pay for things like medical services, court costs, legal defense fees, loss of income and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive auto coverage

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, hail damage, damage from flooding, rock chips in glass and damage from getting keyed. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage provides protection from other motorists when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your Honda Element.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Be a penny pincher

Some insurance companies may not provide rates over the internet and these smaller companies only sell through independent agents. Budget-conscious 2004 Honda Element insurance is attainable on the web as well as from insurance agents, so you need to compare both in order to have the best chance of saving money.

Insureds switch companies for a variety of reasons including high rates after DUI convictions, policy cancellation, delays in paying claims and even denial of a claim. No matter why you want to switch, choosing a new company is pretty easy and you might even save some money in the process.

Throughout this article, we presented many ideas to reduce 2004 Honda Element insurance prices online. The key concept to understand is the more quotes you get, the better likelihood of getting low cost auto insurance. You may even find the most savings is with a small local company.

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