Compare 2010 Honda Odyssey Insurance Quotes

Want cheaper insurance rates for your Honda Odyssey? Nobody I know looks forward to buying insurance, particularly when the cost is way too high.

Many car insurance companies vie for your insurance dollar, so it’s not easy to compare every insurer to find the lowest price

Don’t overlook these discounts

Properly insuring your vehicles can get expensive, but you may find discounts that you may not even be aware of. A few discounts will automatically apply when you purchase, but some must be asked for prior to receiving the credit.

  • Student Driver Training – Require your teen driver to take driver’s ed class if offered at their school.
  • Student in College – Kids in college living away from home attending college without a vehicle on campus can be insured at a reduced rate.
  • Discount for Good Grades – This discount can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
  • Employee of Federal Government – Employees or retirees of the government can save as much as 8% on Odyssey coverage with select insurance companies.
  • Save with a New Car – Putting insurance coverage on a new car can be considerably cheaper since new cars are generally safer.
  • Accident Free – Drivers who don’t have accidents pay less when compared to frequent claim filers.
  • Homeowners Discount – Owning a home can save you money because of the fact that having a home requires personal responsibility.

Keep in mind that many deductions do not apply to all coverage premiums. Most cut individual premiums such as physical damage coverage or medical payments. So when the math indicates adding up those discounts means a free policy, you’re out of luck. But any discount will cut your premiums.

For a list of companies with the best insurance discounts, click here to view.

Low Cost Car Insurance

The are a couple different ways to compare quotes from car insurance companies in your area. One of the best ways to compare 2010 Honda Odyssey insurance prices is simply to get online rate quotes. This can be accomplished in a couple of different ways.

  1. The most efficient way to get quotes is to use a rate comparison form (click to open form in new window). This form prevents you from having to do boring form submissions for every car insurance company. Completing one form will return price quotes from multiple low-cost companies.
  2. A more difficult way to find lower rates is to take the time to go to each company website and fill out their own quote form. For sake of this example, let’s say you want comparison quotes from Nationwide, Farmers and GEICO. To find out each rate you need to spend time on each company’s site to enter your coverage information, and that’s why the first method is more popular. For a list of links to insurance companies in your area, click here.

It doesn’t matter which method you choose, just make sure you use the exact same coverage limits for every quote you compare. If you enter mixed coverages it will be next to impossible to make a fair comparison for your Honda Odyssey. Having just a slight variation in limits could mean much higher rates. It’s important to know that comparing a large number of companies will enable you to find the best price.

Factors that can influence insurance rates for a Honda Odyssey

Consumers need to have an understanding of the rating factors that come into play when calculating the price you pay for car insurance. Understanding what impacts premium levels helps enable you to make changes that can help you get lower car insurance prices.

  • Liability insurance protects assets – The liability section of your policy is the coverage that protects you if a court rules you are at fault for personal injury or accident damage. Liability provides for a legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so drivers should carry high limits.
  • Your occupation can affect rates – Careers like doctors, architects and dentists are shown to have the highest average rates because of high stress and long work hours. Other occupations like farmers, historians and retirees pay the least on Odyssey coverage.
  • Policy add-ons can waste money – There are quite a few extra bells and whistles that you can get tricked into buying on your Odyssey policy. Coverages for rental car reimbursement, accidental death and membership fees are examples of these. They may seem like a good idea at first, but your needs may have changed so eliminate them to save money.
  • Bundling policies can get discounts – Most companies will give a discount to customers who buy several policies from them such as combining an auto and homeowners policy. Discounts can be anywhere from five to ten percent in most cases. Even though this discount sounds good, it’s still a good idea to compare other company rates to make sure you are getting the best deal.
  • Where you live can impact rates – Living in a small town can save you money when buying car insurance. City drivers regularly have traffic congestion and much longer commute distances. Lower population means fewer accidents and also fewer theft and vandalism claims.
  • Claim-free discounts can add up – Insurance companies award cheaper rates to people who do not rely on their insurance for small claims. If you frequently file small claims, you can expect either higher rates or even cancellation. Auto insurance is intended to be relied upon for larger claims.

Is my situation unique?

When choosing the right insurance coverage for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique so this has to be addressed. These are some specific questions may help highlight if your situation will benefit from professional help.

  • What is covered by UM/UIM coverage?
  • Does my liability insurance cover pulling a trailer or camper?
  • What companies insure drivers after a DUI or DWI?
  • What exactly is covered by my policy?
  • Where can I find high-risk insurance?
  • Do I need roadside assistance coverage?
  • Do all my vehicles need collision coverage?
  • How much liability do I need to cover my assets?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to an agent. To find an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area.

Car insurance myths debunked

Companies like State Farm, Allstate and GEICO constantly bombard you with television and radio advertisements. All the ads make the same claim of big savings if you switch your policy. How does each company make almost identical claims? It’s all in the numbers.

All companies have a certain “appetite” for the driver that makes them money. A good example of a desirable insured could possibly be a mature driver, owns a home, and drives less than 10,000 miles a year. A propective insured who meets those qualifications gets the lowest rates and is almost guaranteed to save when switching.

Potential customers who are not a match for the “perfect” profile will be charged higher prices which leads to the driver buying from a lower-cost company. The ad wording is “customers that switch” not “everyone that quotes” save that kind of money. This is how companies can truthfully state the savings.

That is why it is so important to compare many company’s rates. Because you never know the company that will give you the biggest savings on Honda Odyssey insurance.

Insurance coverages 101

Learning about specific coverages of insurance can help you determine the best coverages for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring. Shown next are the usual coverages found on the average insurance policy.

Protection from uninsured/underinsured drivers – This coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Collision – This coverage will pay to fix damage to your Odyssey resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as crashing into a building, crashing into a ditch, rolling your car, damaging your car on a curb and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also increase the deductible to save money on collision insurance.

Auto liability insurance – This provides protection from damage or injury you incur to other’s property or people. This insurance protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like court costs, funeral expenses, loss of income and repair costs for stationary objects. How much coverage you buy is a personal decision, but consider buying higher limits if possible.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for EMT expenses, X-ray expenses, rehabilitation expenses and funeral costs. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive (Other than Collision) – This pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like damage from getting keyed, theft, falling objects, a tree branch falling on your vehicle and hail damage. The highest amount your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Be a smart shopper

We just showed you a lot of tips how to shop for 2010 Honda Odyssey insurance online. The key thing to remember is the more quotes you get, the better your comparison will be. You may even discover the best prices are with a company that doesn’t do a lot of advertising. They may cover specific market segments cheaper compared to the large companies like Allstate and Progressive.

Cheaper insurance is available from both online companies and with local insurance agents, and you should be comparing both to have the best selection. There are still a few companies who do not offer online quoting and these regional insurance providers work with independent agents.

Additional information can be found at the links below