2005 Honda Pilot Car Insurance Cost

Searching for the cheapest car insurance rates? Consumers have a choice when looking for the lowest priced Honda Pilot insurance. They can either waste time struggling with agents trying to get quotes or use the internet to make rate comparisons. There is a right way and a wrong way to shop for car insurance so you’re going to learn the best way to price shop coverage for a new or used Honda and find the best price possible.

You should make it a habit to price shop coverage before your policy renews since insurance rates trend upward over time. Even if you got the best rates on Pilot coverage six months ago the chances are good that you can find a lower rate today. Starting right now, block out anything you think you know about car insurance because we’re going to show you the easiest way to save on car insurance.

How to Get Insurance Coverage Comparison Quotes

There are several ways to shop for Honda Pilot insurance coverage, and some are easier and takes less work. You can spend your afternoon driving to local insurance agents in your area, or you could save time and use the web to accomplish the same thing much quicker.

The majority of car insurance companies belong to an insurance system where insurance shoppers send in one quote, and every company returns a competitive quote. This saves time by eliminating quote forms for every insurance coverage company.

To participate in this free quote system, click here to start a free quote.

The one disadvantage to getting quotes like this is that consumers can’t choose which providers you will receive quotes from. If you would rather choose individual companies to compare, we have a listing of the cheapest insurance coverage companies in your area. Click here for list of insurance companies.

Whichever method you choose, make darn sure you compare exactly the same coverage information for every quote you compare. If you have unequal deductibles or liability limits it’s impossible to truly determine the lowest rate.

Discounts mean cheaper Honda Pilot insurance rates

Car insurance companies don’t list every discount very clearly, so here is a list some of the more common and also the lesser-known car insurance savings. If you’re not getting every credit you qualify for, you’re just leaving money on the table.

  • Fewer Miles Equal More Savings – Fewer annual miles on your Honda could be rewarded with a substantially lower rate.
  • Multiple Cars – Insuring all your vehicles on one policy could earn a price break for each car.
  • Discount for Swiching Early – Select companies give a discount for signing up prior to your current policy expiration. The savings is around 10%.
  • Government Employees – Employees or retirees of the government can save as much as 8% on Pilot coverage with certain companies.
  • Good Students Pay Less – A discount for being a good student can get you a discount of up to 25%. The discount lasts up to age 25.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control can reduce accidents and therefore earn up to a 10% discount.
  • New Vehicle Savings – Adding a new car to your policy can save up to 30% since new cars are generally safer.
  • Homeowners Savings – Owning a house may trigger a car insurance policy discount because of the fact that having a home is proof that your finances are in order.
  • Paperwork-free – Certain companies may give you up to $50 for buying a policy and signing up over the internet.
  • Distant Student – Children who attend school more than 100 miles from home and don’t have a car may be able to be covered for less.

Drivers should understand that most discounts do not apply to all coverage premiums. Most only apply to the cost of specific coverages such as liability, collision or medical payments. Just because it seems like all those discounts means the company will pay you, you’re out of luck.

To see a list of insurance companies with the best car insurance discounts, click here to view.

Factors that can influence Honda Pilot insurance rates

It’s important that you understand some of the elements that come into play when calculating the price you pay for insurance coverage. Having a good understanding of what determines base rates allows you to make educated decisions that can help you get much lower annual insurance costs.

The list below includes some of the factors companies use to determine your rates.

  • One company can mean more discounts – Most insurance coverage companies provide better rates to insureds who consolidate policies with them in the form of a multi-policy discount. Even with this discount, you may still want to comparison shop to make sure you are getting the best deal. You may still be able to find better rates by splitting coverages up.
  • Do you have enough liability coverage? – Liability coverage is the protection if ever a court rules you are at fault for personal injury or accident damage. It will provide you with a defense in court which can cost thousands of dollars. This coverage is very inexpensive when compared with rates for comp and collision, so do not skimp.
  • Men pay higher rates – Statistics show that women are safer drivers than men. However, don’t assume that women are better drivers. They both are in accidents in similar numbers, but the males cause more damage and cost insurance companies more money. They also get more serious tickets such as reckless driving.
  • Traffic violations increase rates – Your driving citation history impacts your car insurance rates tremendously. Just one ticket can bump up the cost forty percent or more. Drivers who don’t get tickets get better rates than their less careful counterparts. Drivers who have dangerous citations such as DUI or reckless driving may need to file a proof of financial responsibility form (SR-22) with their state DMV in order to prevent a license revocation.

Tailor your coverage to you

When it comes to choosing adequate coverage for your vehicles, there isn’t really a one size fits all plan. Every insured’s situation is different.

These are some specific questions may help you determine whether your personal situation will benefit from professional help.

  • Is business equipment covered while in my vehicle?
  • How much liability coverage do I need in my state?
  • Where can I get insurance after a DUI in my state?
  • How do I buy GAP insurance?
  • Should I buy full coverage?
  • How much liability do I need to cover my assets?
  • Am I covered if I crash into my own garage door?
  • Why am I required to get a high-risk car insurance policy?
  • Can my babysitter drive my car?

If it’s difficult to answer those questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form. It only takes a few minutes and may give you better protection.

Save $419 a year. For real?

Consumers can’t get away from ads for car insurance savings from companies such as Progressive, Allstate and GEICO. They all say the same thing that you’ll save big if you change your policy.

But how can every company make the same claim? This is how they do it.

Insurance companies can use profiling for the type of customer they prefer to insure. An example of a profitable customer could be between the ages of 30 and 50, owns a home, and has great credit. A customer getting a price quote that hits that “sweet spot” receives the best rates and as a result will probably save when switching.

Potential insureds who don’t qualify for the requirements will be charged higher premiums which usually ends up with the driver buying from a lower-cost company. The ad wording is “people who switch” not “everyone that quotes” save money. That’s why insurance companies can confidently advertise the savings. That is why drivers should get as many quotes as possible. You cannot predict which company will fit your personal profile best.

Car insurance coverage options for a 2005 Honda Pilot

Understanding the coverages of car insurance can help you determine the right coverages for your vehicles. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for things like funeral costs, dental work, nursing services, prosthetic devices and chiropractic care. They are utilized in addition to your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as being hit by a car walking across the street. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability coverages

Liability coverage protects you from damage that occurs to other people or property. It protects you against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy 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 a limit of $100,000 paid for damaged property.

Liability coverage pays for things like legal defense fees, structural damage, loss of income and attorney fees. The amount of liability coverage you purchase is your choice, but you should buy as high a limit as you can afford.

Collision coverage

This pays for damage to your Pilot caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things such as crashing into a ditch, sustaining damage from a pot hole, damaging your car on a curb and colliding with another moving vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle 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 Pilot.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Comprehensive insurance

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like hitting a deer, a tree branch falling on your vehicle, falling objects and hail damage. The maximum payout your car insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

A tidy conclusion

As you shop your coverage around, make sure you don’t buy lower coverage limits just to save a few bucks. There are a lot of situations where an insured cut collision coverage only to regret at claim time that the few dollars in savings costed them thousands. The aim is to purchase plenty of coverage at an affordable rate, not the least amount of coverage.

Consumers switch companies for many reasons like high prices, delays in responding to claim requests, poor customer service or an unsatisfactory settlement offer. It doesn’t matter what your reason, switching companies can be less work than you think.

Cheap 2005 Honda Pilot insurance can be bought from both online companies as well as from independent agents, so you should be comparing quotes from both to get a complete price analysis. A few companies don’t offer online price quotes and most of the time these small insurance companies sell through independent agents.

To learn more, feel free to browse the following helpful articles: