2005 Honda Pilot Insurance Cost – 9 Tricks for Cheapest Prices

Want cheaper auto insurance rates for your Honda Pilot? No sane person looks forward to buying auto insurance, especially when they know the cost is too high.

People have many insurance companies to choose from, and although it’s nice to be able to choose, more options can take longer to compare rates.

Don’t overlook these nine auto insurance discounts

Auto insurance companies do not advertise every discount very well, so below is a list some of the best known and also the lesser-known auto insurance savings.

  • Multi-car Discount – Drivers who insure multiple vehicles on one policy could earn a price break for each car.
  • Anti-theft Discount – Cars and trucks optioned with advanced anti-theft systems have a lower chance of being stolen and earn discounts up to 10% off your insurance coverage quote.
  • Switch and Save Discount – Some larger companies give discounts for buying a policy before your current coverage expires. It’s a savings of about 10%.
  • Clubs and Organizations – Participating in certain professional organizations could qualify you for a break on auto insurance.
  • Discount for Life Insurance – Auto insurance companies who offer life insurance give lower premium rates if you buy a life policy as well.
  • Air Bags and Passive Restraints – Vehicles with factory air bags or motorized seat belts could see savings of 20% or more.
  • Responsible Drivers – Accident-free drivers may save up to 50% more on Pilot insurance than their less cautious counterparts.
  • Military Rewards – Having a family member in the military can result in better rates.
  • Pay Upfront and Save – If you can afford to pay the entire bill rather than paying in monthly installments you may have a lower total premium amount.

A little disclaimer on discounts, many deductions do not apply the the whole policy. Most only reduce individual premiums such as comp or med pay. So when it seems like all those discounts means the company will pay you, you aren’t that lucky. Any amount of discount will bring down the cost of your policy.

To locate companies who offer cheap auto insurance quotes, click this link.

Auto insurance ads are enticing

Well-known auto insurance companies like Progressive, Allstate and GEICO endlessly run ads in print and on television. They all advertise the message of big savings just by moving your coverage to them. But how can every company charge less that you’re paying now? Just pay attention to how they say it.

Insurance companies quote their best rates for the type of driver that earns them a profit. One example of a driver they prefer could possibly be between the ages of 30 and 50, has no driving citations, and insures a new vehicle. Any new insured that matches those criteria will probably get the lowest rates and will also save a lot if they switch.

Potential customers who don’t measure up to these criteria must pay higher rates with the end result being the customer not buying. If you pay close attention to the ads, they say “drivers who switch” but not “everyone who gets a quote” save money. This is how companies can truthfully claim big savings. This really illustrates why it is so important to get insurance coverage quotes as often as possible. Because without a comparison, you cannot know with any certainty which company will have the lowest rates.

When to get professional advice

When it comes to buying proper insurance coverage for your vehicles, there really is no one size fits all plan. Every insured’s situation is different and your policy should reflect that. These are some specific questions may help you determine if your insurance needs will benefit from professional help.

  • Does my car insurance cover rental cars?
  • How much liability insurance is required?
  • If I drive on a suspended license am I covered?
  • When would I need rental car insurance?
  • Does car insurance cover theft of personal property?
  • Why am I required to get a high-risk car insurance policy?
  • Is my dog or cat covered if injured in an accident?
  • Should I carry comprehensive and collision coverage?
  • Should I sign the liability waiver when renting a car?
  • Where can I get insurance after a DUI in my state?

If you’re not sure about those questions but a few of them apply, you might consider talking to an agent. If you don’t have a local agent, complete this form or click here for a list of auto insurance companies in your area.

Specific coverages for a 2005 Honda Pilot

Having a good grasp of your policy aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. These are typical coverage types found on most car insurance policies.

Liability insurance

This coverage protects you from injuries or damage you cause to a person or their property that is your fault. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 25/50/25 which stand for a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers things like funeral expenses, structural damage, legal defense fees, medical services and repair costs for stationary objects. How much liability should you purchase? That is your choice, but consider buying as much as you can afford.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like rock chips in glass, fire damage and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Auto collision coverage

Collision insurance pays for damage to your Pilot from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like hitting a mailbox, sideswiping another vehicle, colliding with a tree and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage provide coverage for expenses like chiropractic care, rehabilitation expenses, dental work and nursing services. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries and also any damage incurred to your Honda Pilot.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Online plus local equals savings

Cost effective 2005 Honda Pilot insurance is definitely available from both online companies as well as from independent agents, and you need to price shop both so you have a total pricing picture. Some insurance companies don’t offer the ability to get quotes online and most of the time these smaller providers provide coverage only through independent insurance agents.

While you’re price shopping online, make sure you don’t buy lower coverage limits just to save a few bucks. In many instances, an insured cut full coverage and found out when filing a claim that they should have had better coverage. The aim is to buy enough coverage at the best possible price but still have enough coverage for asset protection.

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