View 2002 Honda Insight Car Insurance Cost

Trying to find cheaper auto insurance rates for your Honda Insight? Searching for cheaper insurance for a new or used Honda Insight can be a painful process, but you can follow a few tricks to find lower rates.

There is a right way and a wrong way to buy auto insurance so we’re going to tell you the proper way to quote coverages for a new or used Honda and locate the best price possible.

It’s a great practice to check auto insurance prices at least once a year because rates are variable and change quite frequently. Despite the fact that you may have had the lowest price for Insight coverage a couple years back there may be better deals available now. So just ignore everything you know about auto insurance because it’s time to teach you the right way to properly buy coverages and cut your premium.

If you have a policy now or need a new policy, you can use these tips to find the best rates while maximizing coverage. Shopping for the lowest cost protection is not that difficult. Drivers only need an understanding of the most effective way to shop on the web.

Save with discounts on Honda Insight insurance

The cost of insuring your cars can be expensive, but you may find discounts to help bring down the price. Some discounts apply automatically at the time of quoting, but a few need to be asked about prior to getting the savings. If you don’t get every credit possible, you are throwing money away.

  • Homeowners Pay Less – Simply owning a home can help you save on insurance coverage because owning a home is proof that your finances are in order.
  • Theft Prevention Discount – Vehicles with anti-theft systems help deter theft and qualify for as much as a 10% discount.
  • Defensive Driver – Completing a course teaching defensive driving skills can save you 5% or more depending on where you live.
  • Good Students Pay Less – Getting good grades can get you a discount of up to 25%. Earning this discount can benefit you up to age 25.
  • 55 and Retired – Mature drivers can possibly qualify for a small decrease in premiums for Insight coverage.
  • Paperless Signup – Some insurance companies give back up to $50 simply for signing on their website.
  • Claim Free – Good drivers with no accidents pay much less compared to accident-prone drivers.
  • Early Signing – Select companies give a discount for switching policies before your current expiration date. This can save 10% or more.
  • Discount for Life Insurance – Larger companies have a break if you buy auto and life insurance together.
  • Organization Discounts – Being a member of a qualifying organization could qualify you for a break when buying insurance coverage for Insight coverage.

Drivers should understand that some credits don’t apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like all the discounts add up to a free policy, companies don’t profit that way. Any qualifying discounts will bring down your overall premium however.

For a list of companies offering insurance coverage discounts, click here.

The fastest way that we advise to compare car insurance rates is to realize almost all companies provide online access to give free rates quotes. To get started, all you need to do is provide details such as the make and model of your vehicles, driver details, distance driven, and whether you are married. Those rating factors gets transmitted to multiple top-rated companies and you will receive price estimates within a short period of time.

Honda Insight insurance rates have many determining factors

It’s important that you understand the factors that help determine the price you pay for insurance. Understanding what influences your rates helps enable you to make changes that may reward you with lower insurance prices.

  • Men pay higher rates – The statistics show that men are more aggressive behind the wheel. That doesn’t necessarily mean that men are WORSE drivers than women. Women and men tend to get into accidents in similar percentages, but the male of the species cause more damage. Men also tend to get more serious tickets like DUI and reckless driving. Young males tend to get in the most accidents and therefore are the most expensive to insure.
  • Where you reside plays a part – Being located in a small town is a positive aspect when it comes to insurance. Less people living in that area means fewer accidents. Drivers who live in large cities have to deal with more traffic problems and longer commutes to work. More time on the road translates into higher accident risk.
  • Liability coverage protects you – Your policy’s liability coverage will protect you if you are found to be at fault for causing damage or personal injury in an accident. It provides for a legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so do not cut corners here.
  • Having a spouse can save you money – Having a spouse actually saves money when buying insurance. Having a spouse usually means you are more mature than a single person and it’s proven that being married results in fewer claims.
  • Consolidate policies to earn discounts – Most insurance companies give discounts to policyholders who buy several policies from them in the form of a multi-policy discount. Even if you’re getting this discount it’s still a good idea to compare other company rates to ensure the best deal. You may still be able to find better rates by insuring with multiple companies.
  • How credit affects insurance rates – A driver’s credit score is a huge factor in your rate calculation. Drivers who have good credit tend to be better drivers and file fewer claims as compared to drivers with lower credit scores. Therefore, if your credit rating is low, you could pay less to insure your 2002 Honda Insight by repairing your credit.
  • Never allow your policy to lapse – Allowing your insurance policy to lapse is a guaranteed way to trigger a rate increase. Not only will rates go up, getting caught without coverage can result in a steep fine or even jail time.

Tailor your coverage to you

When buying coverage for your vehicles, there isn’t really a cookie cutter policy. Each situation is unique.

These are some specific questions may help highlight if you will benefit from professional help.

  • Does my insurance cover my expensive audio equipment?
  • Do I have coverage for damage caused while driving under the influence?
  • When would I need additional glass coverage?
  • Am I covered when driving in Canada or Mexico?
  • Can my teen driver be rated on a liability-only vehicle?
  • Can I rent a car in Mexico?
  • Do I have coverage when pulling a U-Haul trailer?
  • Does my car insurance cover rental cars?
  • Is my ex-spouse still covered by my policy?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Parts of your auto insurance policy

Knowing the specifics of a auto insurance policy can help you determine the best coverages and the correct deductibles and limits. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your 2002 Honda Insight.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for expenses like funeral costs, EMT expenses, prosthetic devices and rehabilitation expenses. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state and may carry a deductible

Auto collision coverage

This coverage covers damage to your Insight from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like backing into a parked car, driving through your garage door, hitting a mailbox and scraping a guard rail. 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 to save money on collision insurance.


Liability insurance protects you from injuries or damage you cause to a person or their property in an accident. This coverage protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as emergency aid, medical services and funeral expenses. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive insurance

This coverage pays to fix your vehicle from 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 pays for things like hail damage, damage from flooding, hitting a deer, hitting a bird and a tree branch falling on your vehicle. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

What is YOUR best insurance company?

People change insurance companies for many reasons like poor customer service, being labeled a high risk driver, questionable increases in premium and an unsatisfactory settlement offer. It doesn’t matter what your reason, switching insurance companies is easier than you think.

Discount 2002 Honda Insight insurance can be purchased both online and with local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. A few companies do not offer you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

When shopping online for insurance, don’t be tempted to reduce needed coverages to save money. There have been many cases where someone sacrificed collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your aim should be to get the best coverage possible for the lowest price, not the least amount of coverage.

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