2013 Honda Odyssey Insurance Rates – 7 Tips to Save

Car insurance shoppers not familiar with buying insurance online could find buying cheap insurance is more work than they anticipated.

Buying car insurance is not rocket science. If you currently have a car insurance policy, you will be able to save some money using these methods. But car owners should learn how the larger insurance companies sell online and take advantage of how the system works.

Free insurance coverage quotes

When shopping for cheap insurance quotes, there are a couple of ways to compare rate quotes from different companies. The recommended way to do a complete rate comparison is simply to get online rate quotes. This can be done in a couple of different ways.

  1. The most efficient method to compare a lot of rates at once is a comparison rater form click to view form in new window. This style of form prevents you from having to do repetitive form entry for each price estimate. A single, simple form will get you price quotes from many national carriers. This is perfect if you don’t have a lot of time.
  2. A harder way to get comparison quotes requires visiting each individual company website and fill out their own quote form. For sake of this example, we’ll assume you want to see prices from USAA, Allstate and State Farm. You would need to navigate to each company’s site and enter your information, which is why most consumers use the first method.

    For a list of companies in your area, click here.

It’s up to you how you get prices quotes, just try to use identical quote information for every quote you compare. If your comparisons have unequal deductibles or liability limits then you won’t be able to make an equal comparison. Even a minor difference in coverage limits could skew the results. And when comparing insurance coverage rates, know that comparing a wide range of rates increases your odds of finding more affordable insurance.

Well known brands might not be cheapest

Insurance providers like Allstate, GEICO and Progressive continually stream ads on TV and radio. All the companies advertise claims that you’ll save big just by switching to their company. But how can every company make the same claim? You have to listen carefully.

Different companies have specific characteristics for a prospective insured that earns them the most money. An example of this type of insured might have to be a married female, owns their home, and drives a safe vehicle. Any driver who fits that profile will get a cheap rate quote and will also cut their rates substantially.

Consumers who may not quite match those criteria will see a higher rate and this results in business not being written. The trick companies use is to say “people that switch” not “all people who quote” will save that much if they switch. That is how companies can make the claims of big savings. This really illustrates why you really need to compare as many free insurance quotes as you can. It’s just too difficult to predict which insurance companies will have the lowest rate quotes.

Don’t overlook these seven auto insurance discounts

Auto insurance is not an enjoyable expense, but discounts can save money and there are some available that many people don’t even know exist. Certain discounts will be triggered automatically when you complete an application, but some need to be asked for prior to getting the savings.

  • Discounts for Safe Drivers – Drivers who don’t get into accidents can save up to 40% or more on their insurance quote on Odyssey coverage than drivers with accidents.
  • Multiple Vehicles – Having multiple cars on one policy can get a discount for every vehicle.
  • Pay Upfront and Save – If paying your policy premium upfront rather than spreading payments over time you may reduce your total bill.
  • Theft Deterent – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and that can save you a little bit as well.
  • Buy New and Save – Buying a new car model is cheaper since newer vehicles have better safety ratings.
  • Onboard Data Collection – Drivers that enable their insurance company to scrutinize when and where they use their vehicle remotely such as Allstate’s Drivewise and State Farm’s In-Drive system may get a rate reduction if they exhibit good driving behavior.
  • Save over 55 – Drivers over the age of 55 can get a discount up to 10% on Odyssey coverage.

Discounts lower rates, but most discounts do not apply to the overall cost of the policy. Most only cut specific coverage prices like comprehensive or collision. Despite the appearance that you could get a free auto insurance policy, you aren’t that lucky.

A few companies that may have some of the discounts shown above include:

If you need lower rates, check with each insurance company to apply every possible discount. All car insurance discounts may not be available everywhere. To locate providers that can offer you the previously mentioned discounts, follow this link.

When to get professional advice

When buying adequate coverage for your personal vehicles, there is no perfect coverage plan. Every situation is different.

For example, these questions can help discover whether you could use an agent’s help.

  • Exactly who is provided coverage by my policy?
  • If my pet gets injured in an accident are they covered?
  • How do I insure my teen driver?
  • How does medical payments coverage work?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Will my insurance pay for OEM parts?
  • Does my medical payments coverage pay my health insurance deductible?
  • Where can I get insurance after a DUI in my state?
  • Am I covered by my spouse’s policy after a separation?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to a licensed agent. If you don’t have a local agent, fill out this quick form.

Specifics of your car insurance policy

Understanding the coverages of your policy helps when choosing the best coverages for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries as well as damage to your Honda Odyssey.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.

Coverage for collisions

This coverage pays for damage to your Odyssey resulting from a collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like driving through your garage door, damaging your car on a curb, crashing into a building and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Comprehensive coverage

Comprehensive insurance covers damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as damage from flooding, hitting a bird, a broken windshield, damage from a tornado or hurricane and rock chips in glass. The maximum amount your car insurance company will pay is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as dental work, funeral costs, X-ray expenses and chiropractic care. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants in addition to any family member struck as a pedestrian. PIP is not available in all states and may carry a deductible

Auto liability

This provides protection from damage or injury you incur to other people or property. This insurance protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for claims like attorney fees, medical expenses, repair costs for stationary objects, legal defense fees and loss of income. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Compare but don’t skimp

Drivers leave their current company for a variety of reasons including denial of a claim, questionable increases in premium, high rates after DUI convictions or delays in paying claims. Regardless of your reason for switching companies, finding a new car insurance company is not as difficult as it may seem.

More affordable car insurance is possible on the web and from local agencies, so you should compare both to get a complete price analysis. Some insurance providers don’t offer online rate quotes and these small, regional companies provide coverage only through independent agents.

As you quote insurance, make sure you don’t skimp on coverage in order to save money. There have been many situations where someone dropped collision coverage only to regret at claim time that it was a big mistake. The goal is to find the BEST coverage at the lowest possible cost, not the least amount of coverage.

Additional information can be found at the links below