Lower Your 2010 Honda Odyssey Car Insurance Rates

Feeling guilty for buying high-priced auto insurance? Say no more because many consumers are feeling buyer’s remorse and feel like there’s no way out.

Big companies like State Farm and GEICO all claim big savings with ads and it is difficult to ignore the flashy ads and effectively compare rates to find the best deal.

It’s a good habit to get comparison quotes as often as possible since rates change quite often. Just because you had the lowest rate for Odyssey coverage at your last renewal you may be paying too much now. Forget all the misinformation about auto insurance because you’re going to get a crash course in one of the easiest ways to remove unneeded coverages and save money.

Auto insurance policy discounts you can’t miss

Auto insurance is not inexpensive, but there’s a good chance there are discounts to help offset the cost. Certain reductions will be credited when you quote, but a few must be manually applied before they will apply. If they aren’t giving you every credit you qualify for, you could be saving more on your auto insurance.

  • Theft Prevention System – Vehicles that have factory alarm systems and tracking devices are stolen less frequently so companies will give you a small discount.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.
  • Low Mileage Discounts – Fewer annual miles on your Honda could qualify for lower auto insurancerates due to less chance of an accident.
  • Distant Student – Youth drivers who are attending college and don’t have a car may be insured at a cheaper rate.
  • Bundled Policy Discount – If you can combine your homeowners and auto policy with one company they may give you a discount of approximately 10% to 15%.
  • Employee of Federal Government – Active or retired federal employment can earn a discount up to 10% for Odyssey coverage but check with your company.
  • Discount for Life Insurance – Some companies give a discounted rate on car insurance if you buy some life insurance in addition to your auto policy.

A quick disclaimer, most discount credits are not given to the overall cost of the policy. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. Despite the appearance that you can get free auto insurance, you’re out of luck. Any qualifying discounts will bring down your overall premium however.

Popular auto insurance companies and their possible discounts include:

  • State Farm offers discounts for defensive driving training, good driver, multiple autos, accident-free, anti-theft, and multiple policy.
  • Progressive discounts include homeowner, good student, continuous coverage, online quote discount, online signing, multi-policy, and multi-vehicle.
  • Travelers has discounts for early quote, student away at school, home ownership, multi-policy, driver training, and multi-car.
  • American Family offers premium reductions for good student, defensive driver, air bags, good driver, and bundled insurance.
  • Liberty Mutual policyholders can earn discounts including multi-car, newly retired, newly married, safety features, multi-policy, and new vehicle discount.

If you want cheaper insurance quotes, ask each company or agent to give you their best rates. Some of the earlier mentioned discounts might not apply in your area. To find auto insurance companies with the best auto insurance discounts, follow this link.

How to find the cheapest auto insurance

To get low cost insurance quotes, there a variety of ways of comparing rate quotes from different insurance companies. The fastest way to find affordable 2010 Honda Odyssey insurance rates is to get quotes online. This can be done using a couple different methods.

  1. Without a doubt, the easiest way consumers can make multiple comparisons is an all-inclusive rate comparison click here to open form in new window. This form saves time by eliminating separate forms to each individual auto insurance company. Taking the time to complete one form will return price quotes instantly.
  2. A different way to find lower rates is spending the time to visit the website for each individual company to complete their respective quote request forms. For sake of this example, we’ll pretend you want to compare rates from USAA, State Farm and American Family. You would have to go to every website and punch in your information repeatedly, which can get old fast.

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

  3. The old school way to comparison shop is driving around to different agent offices. Comparing rates online makes this unnecessary unless your situation requires the guidance that only a licensed agent can provide. Although you can price shop your coverage online and get advice from an agent in your area.

Whichever way you use, be sure you’re using the same deductibles and coverage limits with each company. If you use different limits and deductibles on each one it will be nearly impossible to truly determine the lowest rate. Slightly different coverage limits can make a big difference in price. And when comparing auto insurance rates, know that comparing a large number of companies increases your odds of finding the best offered rates. Not every company provides online quotes, so you also need to get price quotes from the smaller companies as well.

Insurance agents can help

When choosing the best car insurance coverage, there isn’t really a “best” method to buy coverage. Every insured’s situation is different so your insurance needs to address that. For instance, these questions may help highlight whether you might need professional guidance.

  • Is my business laptop covered if it gets stolen from my vehicle?
  • Where can I find DUI or SR-22 insurance?
  • What is the minimum liability in my state?
  • Can I afford low physical damage deductibles?
  • How high should my uninsured/underinsured coverage be in my state?
  • Do all my vehicles need collision coverage?
  • Is my babysitter covered when using my vehicle?
  • Do I have newly-aquired coverage?

If you’re not sure about those questions but you know they apply to you, you might consider talking to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area.

Auto insurance coverage information

Learning about specific coverages of insurance can help you determine the right coverages for your vehicles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverage types available from insurance companies.

Liability

Liability insurance protects you from injuries or damage you cause to other’s property or people. It protects YOU from legal claims by others. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 25/50/25 which stand for $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things like funeral expenses, legal defense fees, bail bonds and loss of income. How much liability should you purchase? That is your choice, but you should buy as much as you can afford.

Uninsured and underinsured coverage

This coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Honda Odyssey.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Collision protection

This pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as hitting a mailbox, colliding with a tree, colliding with another moving vehicle, crashing into a ditch and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive coverages

This covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like a tree branch falling on your vehicle, damage from getting keyed and fire damage. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for things like X-ray expenses, nursing services, prosthetic devices and doctor visits. They are often used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Coverage applies to both the driver and occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Shop Smart and Save

Cheaper 2010 Honda Odyssey insurance is attainable on the web in addition to local insurance agencies, so get free insurance quotes from both of them to have the best selection. There are still a few companies who do not offer online quoting and these regional carriers sell through local independent agencies.

We just showed you a lot of tips how to lower your 2010 Honda Odyssey insurance car insurance rates. The key concept to understand is the more companies you get premium rates for, the better chance you’ll have of finding the cheapest insurance. Drivers may discover the lowest priced insurance comes from a small mutual company. Regional companies often have lower premium rates on specific markets compared to the large companies like GEICO and State Farm.

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