Save on 2011 Honda Element Insurance Rates

Trying to find better auto insurance rates for your Honda Element? Searching for better insurance prices for a Honda Element could be an all-consuming task, but you can follow our auto insurance buying tips to save time.

There is a right way and a wrong way to shop for auto insurance so we’re going to tell you the best way to get price quotes for your Honda and obtain the lowest price.

You need to do rate comparisons periodically since rates change regularly. Just because you had the best deal for Element insurance two years ago a different company probably has better rates today. So just forget anything you know (or think you know) about auto insurance because you’re going to get a crash course in one of the easiest ways to lower your annual insurance bill.

If you have a current auto insurance policy or are just looking to switch companies, you can use this information to reduce the price you pay and still get good coverage. Buying the lowest cost auto insurance coverage is not that difficult. Vehicle owners just need to understand the most effective way to get comparison rates online.

How to Compare Insurance Coverage

Finding a lower price on 2011 Honda Element insurance is actually quite simple. You just need to take time to compare quotes online with multiple companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. One of the simplest ways to find low rates is to use a rate comparison form like this one (opens in new window). This easy form saves time by eliminating separate quotation requests for every insurance coverage company. Taking the time to complete one form will return quotes from multiple low-cost companies.It’s the quickest way to get rates.
  2. A more difficult way to shop for insurance coverage online requires visiting each individual company website and complete a new quote form. For sake of this example, we’ll pretend you want to compare Auto-Owners, Safeco and Allstate. To get rate quotes you would need to spend time on each company’s site and enter your policy data, and that’s why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

Whichever method you choose, make darn sure you compare the exact same coverages and limits for every company. If your comparisons have different deductibles you can’t possibly determine the lowest rate for your Honda Element.

How much can you save with discounts?

Properly insuring your vehicles can get expensive, buy you may qualify for discounts to help offset the cost. Larger premium reductions will be automatically applied at quote time, but some must be inquired about before being credited. If you’re not getting every credit possible, you’re just leaving money on the table.

  • Paperless Signup – Certain companies will give a small break for buying a policy and signing up over the internet.
  • Life Insurance – Larger companies have a discount if you purchase life insurance from them.
  • Safe Drivers – Drivers who avoid accidents may save up to 50% more for Element insurance than their less cautious counterparts.
  • Resident Student – Any of your kids who live away from home and do not have access to a covered vehicle may qualify for this discount.
  • New Car Discount – Adding a new car to your policy can be considerably cheaper since new cars are generally safer.
  • Defensive Driving Course – Successfully completing a course teaching defensive driving skills could possibly earn you a 5% discount depending on where you live.
  • Federal Government Employee – Simply working for the federal government could cut as much as 10% off for Element insurance depending on your company.
  • Pay Upfront and Save – If paying your policy premium upfront instead of paying each month you may reduce your total bill.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to use their safety belts can save up to 15% off your medical payments premium.

A little note about advertised discounts, most of the big mark downs will not be given the the whole policy. Some only apply to the cost of specific coverages such as physical damage coverage or medical payments. So despite the fact that it appears it’s possible to get free car insurance, you won’t be that lucky. Any qualifying discounts will reduce the cost of coverage.

Car insurance companies that possibly offer these money-saving discounts include:

Before buying, ask all companies you are considering how you can save money. Discounts might not apply in every state.

Lesser-known factors impacting Honda Element insurance rates

Smart consumers have a good feel for some of the elements that come into play when calculating insurance rates. Understanding what impacts premium levels allows you to make educated decisions that could result in better insurance rates.

  • Being married is a good thing – Getting married actually saves money on your policy. Having a significant other is viewed as being more mature than a single person and it’s statistically proven that being married results in fewer claims.
  • Drive a safer car and pay less – Vehicles with high crash test scores can get you lower premiums. Safe vehicles have better occupant injury protection and fewer injuries translates into savings for insurance companies and lower rates for you. If your Honda has ratings of a minimum four stars on it may be receiving lower rates.
  • Drive less and save money – The more miles you rack up on your Honda every year the more you will pay for insurance. The majority of insurers price each vehicle’s coverage based on their usage. Vehicles that are left in the garage can get a lower rate as compared to vehicles used primarily for driving to work. Having the wrong rating on your Element may be costing you. Verify your insurance policy is rated on how each vehicle is driven, because it can save money.
  • Car features impact rates – Choosing a vehicle with anti-theft technology or alarm system can help bring down rates. Anti-theft features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your vehicle from being stolen.
  • Add-on coverages can add up – There are a ton of additional coverages that you can buy if you aren’t careful. Coverages for rental car reimbursement, towing coverage and additional equipment coverage are examples of these. They may seem like a good idea when you first buy your policy, but now you might not need them so eliminate them to save money.

How much car insurance do I need?

When it comes to choosing coverage for your vehicles, there really is no cookie cutter policy. Every situation is different.

These are some specific questions could help you determine if your insurance needs might need an agent’s assistance.

  • Do I have coverage if my license is suspended?
  • Do I need higher collision deductibles?
  • Does insurance cover damages from a DUI accident?
  • Is extra glass coverage worth it?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Does my policy cover me when driving someone else’s vehicle?
  • How do I insure my teen driver?
  • Does my 2011 Honda Element qualify for pleasure use?
  • When should I remove comp and collision on my 2011 Honda Element?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed agent. If you want to speak to an agent in your area, fill out this quick form. It is quick, free and can help protect your family.

The coverage is in the details

Understanding the coverages of your insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Liability car insurance

This coverage provides protection from damage that occurs to other’s property or people that is your fault. It protects YOU from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for things like emergency aid, legal defense fees and loss of income. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Auto collision coverage

This will pay to fix damage to your Element from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like damaging your car on a curb, driving through your garage door and hitting a parking meter. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as EMT expenses, funeral costs, X-ray expenses and doctor visits. The coverages can be utilized in addition to your health insurance plan or if you are not covered by health insurance. It covers you and your occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage

Comprehensive coverages

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things such as a broken windshield, rock chips in glass, falling objects and fire damage. The most you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

More quotes mean more savings

In this article, we presented a lot of ways to save on 2011 Honda Element insurance. The key concept to understand is the more rate comparisons you have, the better your comparison will be. You may even discover the lowest rates come from the smaller companies.

Lower-priced insurance can be purchased both online in addition to many insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance providers do not provide online price quotes and most of the time these smaller companies sell through independent agents.

Insureds change insurance companies for many reasons like poor customer service, policy cancellation, denial of a claim or even delays in responding to claim requests. No matter why you want to switch, switching companies is pretty simple and you could end up saving a buck or two.

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