How Much Does 2005 Honda Odyssey Insurance Cost?

Searching for the cheapest insurance for a Honda Odyssey can turn out to be an all-consuming task, but you can learn our auto insurance buying tips to make it easier.

There are more efficient ways to buy auto insurance so we’re going to tell you the quickest way to price shop coverage for your Honda and get the lowest possible price from both online companies and local agents.

Consumers need to compare rates periodically due to the fact that insurance prices are usually higher with each renewal. Just because you had the best deal for Odyssey coverage last year other companies may now be cheaper. Block out anything you think you know about auto insurance because I’m going to teach you the quickest way to find better rates and still maintain coverage.

Finding the best protection is easy if you know what you’re doing. If you have insurance now or are shopping for new coverage, you will benefit by learning to get lower rates and still get good coverage. Consumers just need to understand how to get comparison rates online.

How to buy insurance

Reducing your 2005 Honda Odyssey insurance rates can be relatively painless. All you need to do is spend a few minutes comparing rates to find the company with low cost insurance quotes. It’s really simple and can be done in several different ways.

If you don’t have a lot of time, the easiest way to get quotes for comparison is to use a rate comparison form click here to open form in new window. This type of form prevents you from having to do separate forms for each company. One form gets prices estimates from many national carriers. It’s definitely the quickest method.
A slightly less efficient method to get quotes online consists of visiting each individual company website and repeat the quote process again and again. For examples sake, we’ll pretend you want to see prices from USAA, Farmers and Travelers. To do that, you would have to spend time going to each site individually and repeatedly type in your coverage information, which can get rather old. For a list of companies in your area, click here.
The most difficult way to comparison shop rate quotes is to drive around to all the different insurance agencies. The fact that you can get quotes online makes this process obsolete unless you’re the type of person who wants the professional assistance that can only be provided by a licensed insurance agent. Although, it is possible get the lowest quotes online and get advice from an agent in your area.

It’s up to you how you get prices quotes, just do your best to use the same deductibles and coverage limits for each comparison quote. If the quotes have mixed coverages you will not be able to determine the best price for your Honda Odyssey.

Use discounts to get cheaper car insurance quotes

Some insurance providers do not list their entire list of discounts in a way that’s easy to find, so we took the time to find a few of the more well known and also the more inconspicuous credits available to you. If you aren’t receiving every discount possible, you are throwing money away.

Discount for New Cars – Buying a new car instead of a used car can cost up to 25% less due to better safety requirements for new vehicles.
Theft Deterent Discount – Cars and trucks that have factory anti-theft systems help deter theft and will save you 10% or more.
Seat Belt Discounts – Forcing all vehicle occupants to buckle up before driving could save 15% on the premium charged for medical payments and/or PIP.
Accident-Free Discounts – Claim-free drivers get the best car insurance rates when compared to drivers who are more careless.
Defensive Driver – Successfully completing a course that instructs on driving safety could cut 5% off your bill and easily recoup the cost of the course.
Telematics Devices – Drivers who agree to allow their car insurance company to study vehicle usage remotely such as State Farm’s In-Drive may see discounts if they have good driving habits.
Discounts for Responsible Drivers – Insureds without accidents can save as much as half off their rates for Odyssey coverage than less cautious drivers.
Early Renewal Discounts – A few car insurance companies give discounts for renewing your policy before your current expiration date. It could save around 10% when you buy insurance online.
Discount for Passive Restraints – Vehicles with factory air bags and/or automatic seat belt systems may get savings of up to 25% or more.

You can save money using discounts, but most discounts do not apply to all coverage premiums. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So when the math indicates adding up those discounts means a free policy, it’s just not the way it works.

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

State Farm may offer discounts for good driver, safe vehicle, student away at school, good student, driver’s education, multiple policy, and defensive driving training.
GEICO may have discounts that include five-year accident-free, anti-lock brakes, multi-policy, multi-vehicle, and membership and employees.
Liberty Mutual discounts include new vehicle discount, newly married, hybrid vehicle, multi-policy, and exclusive group savings.
The Hartford offers discounts for driver training, good student, vehicle fuel type, air bag, anti-theft, and defensive driver.
MetLife includes discounts for good student, good driver, defensive driver, multi-policy, accident-free, and claim-free.
Progressive has savings for good student, multi-policy, homeowner, multi-vehicle, and continuous coverage.

It’s a good idea to ask each company what discounts are available to you. A few discounts may not apply in your area. If you would like to view companies that have a full spectrum of discounts, click here.

Tailor your car insurance coverage to you

When buying the right insurance coverage, there isn’t really a “perfect” insurance plan. Every insured’s situation is different.

Here are some questions about coverages that can help discover if your insurance needs might need an agent’s assistance.

Should I get collision insurance on every vehicle?
Is my cargo covered for damage or theft?
Is my 2005 Honda Odyssey covered for flood damage?
Should I drop comprehensive coverage on older vehicles?
Will my rates increase for filing one claim?
Is my teenager covered with friends in the car?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. If you don’t have a local agent, simply complete this short form. It is quick, free and can provide invaluable advice.

The coverage is in the details

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

Liability car insurance

This provides protection from damage that occurs to other’s property or people by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for claims such as structural damage, pain and suffering, bail bonds, repair costs for stationary objects and court costs. The amount of liability coverage you purchase is your choice, but consider buying higher limits if possible.

Coverage for collisions

This will pay to fix damage to your Odyssey from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as backing into a parked car, crashing into a building, hitting a mailbox and rolling your car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. You can also raise the deductible in order to get cheaper collision rates.

Protection from uninsured/underinsured drivers

This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and damage to your Honda Odyssey.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Usually these limits do not exceed the liability coverage limits.

Medical expense insurance

Med pay and PIP coverage pay for short-term medical expenses like X-ray expenses, surgery and dental work. They are used to fill the gap from your health insurance policy or if you do not have health coverage. They cover both the driver and occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Comprehensive (Other than Collision)

This coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as theft, hitting a deer, damage from getting keyed, a tree branch falling on your vehicle and falling objects. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.