View 2009 Honda Odyssey Car Insurance Cost

Trying to find lower auto insurance rates for your Honda Odyssey? Perplexed by the wide range of auto insurance options? Many other consumers are too. People have so many choices that it can be a challenge to find lower rates.

It’s a good habit to do rate comparisons once or twice a year because prices are adjusted regularly by insurance companies. Just because you found the best price for Odyssey coverage a few years ago you can probably find a lower rate today. There is a lot of bad information regarding auto insurance on the internet, so with this article, you’re going to get some of the best ways to stop overpaying for insurance.

If you currently have car insurance, you should be able to reduce your rates substantially using these tips. Buying the cheapest protection is quite easy. Nevertheless, car owners can benefit from knowing the way insurance companies market on the web.

Where Can I Get Cheap Insurance?

Effectively comparing insurance prices can be a daunting task if you don’t understand the best way to get rate quotes. You could spend the better part of a day driving to insurance agencies in your area, or you can utilize the web to get pricing more quickly.

Most major companies belong to an insurance system that allows shoppers to enter their policy data once, and each participating company can give them a price based on that information. This eliminates the need for quote forms to each company.

To enter your information into the quoting system, click to open in new window.

The only downside to using this type of system is buyers cannot specifically choose the companies to get pricing from. If you would rather choose from a list of companies to receive pricing from, we have a listing of companies who write insurance in your area. View list of insurance companies.

It’s up to you which method you use, but make darn sure you compare identical information for every quote you compare. If you have unequal deductibles or liability limits you can’t possibly determine which rate is truly the best. Having just a slight variation in coverage limits may result in a large different in cost. And when quoting insurance, remember that quoting more helps you find a better price.

Lots of discounts mean lots of savings

The price of auto insurance can be rather high, but there are discounts available to reduce the price significantly. Most are applied at quote time, but a few need to be inquired about before they will apply.

  • Student Driver Training – Have your child complete a driver education course if offered at their school.
  • Student in College – Kids in college who live away from home and don’t have a car can be insured at a reduced rate.
  • Memberships – Participating in a civic or occupational organization could qualify you for a break when shopping for insurance for Odyssey coverage.
  • Good Student – A discount for being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you until age 25.
  • Seat Belts Save – Requiring all passengers to use their safety belts could save 15% off the personal injury premium cost.
  • Drive Safe and Save – Insureds without accidents can pay as much as 50% less for Odyssey coverage than less cautious drivers.

Drivers should understand that most discount credits are not given to all coverage premiums. Some only reduce the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, insurance companies aren’t that generous. But any discount will bring down the amount you have to pay.

A partial list of companies that may have these discounts are:

Double check with each company which discounts you may be entitled to. Discounts might not be offered in every state.

Situations that might require an agent

When choosing coverage for your vehicles, there really is not a best way to insure your cars. Everyone’s situation is unique.

These are some specific questions might help in determining whether you may require specific advice.

  • What vehicles should carry emergency assistance coverage?
  • Am I covered when driving a rental car?
  • Is my ex-spouse still covered by my policy?
  • Am I covered if my car is in a flood?
  • What is the minimum liability in my state?
  • Will my rates increase for filing one claim?
  • Is rental equipment covered for theft or damage?
  • When do I need to add a new car to my policy?
  • Is my trailer covered?
  • Does my insurance cover damage caused when ticketed for reckless driving?

If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed agent. To find an agent in your area, take a second and complete this form.

Your Honda Odyssey insurance rate is a complex equation

Consumers need to have an understanding of the different types of things that go into determining the rates you pay for auto insurance. Knowing what influences your rates enables informed choices that can help you get much lower annual insurance costs.

  • Safe vehicles cost less to insure – Vehicles with high crash test scores are cheaper to insure. These vehicles result in less severe injuries and fewer injuries translates into fewer and smaller insurance claims passed on to you as lower rates. If your Honda earned at least four stars on or an “acceptable” rating on it is probably cheaper to insure.
  • Your job and insurance rates – Did you know your occupation can influence how much you pay for auto insurance? Occupations like doctors, social workers and accountants have higher rates than average in part from high stress and lots of time spent at work. On the flip side, occupations like pilots, athletes and homemakers get better rates for Odyssey coverage.
  • High deductibles save money – Physical damage insurance, termed comprehensive and collision coverage on your policy, is used to repair damage to your Honda. Some instances where coverage would apply would be colliding with a building, vandalism, and burglary. Your deductibles are how much you are required to spend out-of-pocket before a claim is paid by your company. The more expense you are required to pay out-of-pocket, the less your company will charge you for insurance for Odyssey coverage.
  • How your age affects price – Teen drivers tend to be less responsible behind the wheel so auto insurance rates are higher. Parents adding a youthful driver onto your auto insurance can be very expensive. Older drivers tend to be more responsible, statistically cause fewer accidents and receive fewer citations.

Save $485 a year. For real?

Insurance companies such as State Farm and Allstate continually stream television and radio advertisements. They all seem to say the same thing of big savings after switching your coverage to them. But how can every company say the same thing?

All companies have a preferred profile for the driver that earns them a profit. For example, a desirable insured might be between the ages of 30 and 50, a clean driving record, and has a short commute. Any new insured that hits that “sweet spot” receives the best rates and as a result will probably save when switching.

Potential insureds who don’t meet these standards will be charged higher prices and ends up with the customer not buying. The ads say “drivers who switch” not “people who quote” save that much. That’s why insurance companies can make the claims of big savings.

That is why it is so important to quote coverage with many companies. It is impossible to predict which insurance companies will provide you with the cheapest Honda Odyssey insurance rates.

Insurance coverage options for a Honda Odyssey

Learning about specific coverages of a insurance policy can be of help when determining which coverages you need and proper limits and deductibles. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is a good idea. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Collision coverage protection

This coverage covers damage to your Odyssey resulting from a collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision insurance covers things like driving through your garage door, sideswiping another vehicle and rolling your car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible in order to get cheaper collision rates.

Comprehensive insurance

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as damage from a tornado or hurricane, hail damage and fire damage. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability coverage

Liability insurance provides protection from injuries or damage you cause to other’s property or people by causing an accident. It protects you against claims from other people, and doesn’t cover 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. As an example, you may have limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for claims such as pain and suffering, emergency aid, medical services and structural damage. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for immediate expenses such as ambulance fees, doctor visits, surgery and pain medications. The coverages can be used to fill the gap from your health insurance plan or if you do not have health coverage. It covers both the driver and occupants in addition to getting struck while a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

More comparisons equals lower rates

Insureds switch companies for many reasons like policy non-renewal, lack of trust in their agent, extreme rates for teen drivers or even not issuing a premium refund. No matter why you want to switch, finding a new company can be pretty painless.

We just presented quite a bit of information on how to reduce 2009 Honda Odyssey insurance prices online. It’s most important to understand that the more companies you get rates for, the more likely it is that you will get a better rate. Consumers could even find that the biggest savings come from a small local company.

Cheap insurance is available from both online companies and with local insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some companies do not offer online price quotes and many times these small, regional companies only sell through independent insurance agents.

Much more information about insurance is located on the following sites: