Save on 2018 Honda Fit Car Insurance Rates

Trying to find better insurance rates for your Honda Fit? Pricey insurance can sap your checking account and require stricter spending habits.

With consumers having so many different company options, it can be hard to locate the most cost effective insurer.

You need to do rate comparisons yearly since insurance rates change frequently. Despite the fact that you may have had the best rate on Fit insurance last year other companies may now be cheaper. Forget anything you know (or think you know) about insurance because you’re about to find out the quickest way to get good coverage at a lower rate.

Locating affordable auto insurance coverage is not that difficult. Essentially every vehicle owner who buys auto insurance will more than likely be able to cut their insurance bill. Although vehicle owners must comprehend how the larger insurance companies market on the web and apply this information to your search.

Do you qualify for discount car insurance?

Some insurers don’t list all possible discounts very clearly, so below is a list some of the best known in addition to some of the lesser obvious discounts that you may qualify for.

  • Driver’s Education for Students – Cut your cost by having your teen driver successfully complete driver’s ed class if it’s offered in school.
  • Paperwork-free – A few larger online companies may give you up to $50 just for signing your application online.
  • Passive Restraints – Options like air bags or motorized seat belts may qualify for discounts of 25 to 30%.
  • Military Rewards – Having a deployed family member could qualify you for better prices.
  • Government Employees – Federal government employees could cut as much as 10% off on Fit insurance depending on your car insurance provider.
  • Driver Training Discounts – Passing a course that instructs on driving safety could earn you a small percentage discount and also improve your driving technique.
  • Auto/Life Discount – Select insurance companies reward you with a lower premium rate if you buy some life insurance too.
  • Fewer Miles Equal More Savings – Maintaining low annual mileage can earn lower prices on the low mileage vehicles.
  • No Accidents – Good drivers with no accidents pay less in comparison to bad drivers.

Just know that most discount credits are not given to the entire policy premium. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. Just because it seems like adding up those discounts means a free policy, it just doesn’t work that way.

Companies and their possible discounts can be found below.

  • State Farm offers premium reductions for student away at school, safe vehicle, passive restraint, accident-free, and driver’s education.
  • Esurance may have discounts that include multi-car, good student, safety device, good driver, Switch & Save, defensive driver, and anti-theft.
  • Progressive offers discounts for homeowner, continuous coverage, multi-vehicle, online signing, and multi-policy.
  • Liberty Mutual may offer discounts for good student, hybrid vehicle, new vehicle discount, safety features, exclusive group savings, and preferred payment discount.
  • Auto-Owners Insurance policyholders can earn discounts including good student, safe vehicle, company car, safe driver, teen driver, and anti-lock brakes.
  • GEICO has discounts for air bags, good student, federal employee, multi-policy, military active duty, and anti-theft.

If you are trying to find affordable car insurance quotes, ask every prospective company which credits you are entitled to. All car insurance discounts might not be offered in your area. If you would like to view insurance companies with discount car insurance rates, click here.

Informed decisions result in lower insurance premiums

The best way to find cheaper insurance is to take a look at the factors that play a part in calculating the level of your policy premiums. When you understand what determines premiums, this allows you to make educated decisions that can help you get much lower annual insurance costs.

  • Gender and auto insurance costs – Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. It does not mean women are better drivers. Both genders are in at-fault accidents in similar percentages, but the male of the species tend to have more serious accidents. Men also get cited for more serious violations like DWI (DUI) or reckless driving.
  • Always keep your insurance policy in force – Having a lapse in insurance coverage is a sure-fire way to increase your rates. Not only will you pay more, being ticketed for driving with no insurance may result in fines and jail time.
  • Only buy extra policy coverages you need – There are quite a few extra bells and whistles that sound like a good idea at the time on your Fit policy. Insurance for roadside assistance, high-cost glass coverage, and membership fees may be costing you every month. The coverages may be enticing when deciding what coverages you need, but now you might not need them so consider taking them off your policy.
  • Poor credit decisions can cost you – Credit score is a big factor in calculating your insurance rates. Insureds that have excellent credit tend to be less risk to insure as compared to drivers with poor credit scores. If your credit can be improved, you could be paying less to insure your 2018 Honda Fit by improving your rating.
  • Do you really need to file that claims? – Insurance companies generally give cheaper rates to insureds who only file infrequent claims. If you are the type of insured that files lots of claims you can look forward to much higher rates or policy non-renewal. Your car insurance is intended for major claims that would cause financial hardship.

What insurance coverages do I need?

When it comes to choosing the right insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Everyone’s situation is a little different so your insurance needs to address that. For example, these questions can help discover whether you might need an agent’s assistance.

  • Why is insurance for a teen driver so high?
  • Is business equipment covered while in my vehicle?
  • Is my trailer covered?
  • How do I insure my teen driver?
  • Is my custom paint covered by insurance?
  • How can I get my company to pay me more for my totalled car?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Auto insurance coverage options for a Honda Fit

Knowing the specifics of your policy aids in choosing the right coverages and the correct deductibles and limits. Auto insurance terms can be confusing and reading a policy is terribly boring. These are typical coverage types found on the average auto insurance policy.

Liability

This coverage protects you from damage or injury you incur to other people or property in an accident. This coverage protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

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 limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Another option is one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as pain and suffering, bail bonds, legal defense fees, medical services and emergency aid. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive coverage

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as rock chips in glass, a tree branch falling on your vehicle, vandalism, damage from a tornado or hurricane and fire damage. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical payments coverage and PIP

Med pay and PIP coverage pay for expenses for surgery, ambulance fees and hospital visits. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Collision coverage

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like colliding with a tree, crashing into a ditch and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to bring the cost down.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Have money to burn

We just covered a lot of ways to reduce 2018 Honda Fit insurance car insurance rates online. The key thing to remember is the more providers you compare, the better chance you’ll have of finding cheap car insurance. Drivers may discover the lowest priced auto insurance comes from some of the smallest insurance companies. These companies can often insure niche markets at a lower cost as compared to the big name companies such as GEICO and State Farm.

When buying insurance coverage, make sure you don’t sacrifice coverage to reduce premiums. There are too many instances where an accident victim reduced uninsured motorist or liability limits and found out when filing a claim that they should have had better coverage. The ultimate goal is to get the best coverage possible at the best price.

Low-cost 2018 Honda Fit insurance can be sourced from both online companies as well as from independent agents, so you should compare both to get a complete price analysis. Some auto insurance companies may not have the ability to get a quote online and these smaller companies prefer to sell through independent agencies.

Additional detailed information can be found in the articles below: