2012 Honda Fit Insurance Quotes

Expensive insurance coverage can overdraw your savings account and force you to make sacrifices. Comparison shopping is free and is an excellent way to tighten up your finances.

You have so many car insurance companies to pick from, and although it’s a good thing to have a choice, it can be more difficult to find the lowest cost provider.

It’s important to get comparison quotes every six months since insurance rates go up and down regularly. Even if you think you had the best price on Fit coverage on your last policy you can probably find a lower rate today. Block out anything you think you know about insurance coverage because we’re going to demonstrate one of the quickest ways to eliminate unnecessary coverages and save money.

Buying cheaper auto insurance coverage is not that difficult. Essentially everyone who is shopping for auto insurance should be able to cut their insurance bill. But car owners can benefit from knowing the way insurance companies price insurance differently.

The method we recommend to compare insurance rates in your area is to take advantage of the fact most insurance companies participate in a system to provide you with a free rate quote. To start a quote, the only thing you need to do is provide details including types of safety features, if the vehicle is leased, distance driven, and if a SR-22 is needed. The data is automatically sent to insurance carriers in your area and they return quotes very quickly.

Don’t pay full price with these discounts

Insurance can cost an arm and a leg, but there are discounts available that you may not know about. Most are applied at quote time, but a few need to be inquired about in order for you to get them.

  • Bundle and Save – If you insure your home and vehicles with one company you will save at least 10% off all policies.
  • Use Seat Belts – Buckling up and requiring all passengers to buckle their seat belts can save 10% or more off your medical payments premium.
  • Clubs and Organizations – Belonging to a civic or occupational organization is a good way to get lower rates on car insurance on Fit coverage.
  • Theft Prevention Discount – Vehicles with anti-theft systems help deter theft and earn discounts up to 10%.
  • 55 and Retired – If you’re over the age of 55, you may receive a small decrease in premiums on Fit coverage.
  • Braking Control Discount – Anti-lock brake equipped vehicles prevent accidents and therefore earn up to a 10% discount.
  • Sign Early and Save – Some companies give discounts for switching to them before your current policy expires. It can save you around 10%.

It’s important to note that most discounts do not apply to all coverage premiums. Most cut the price of certain insurance coverages like medical payments or collision. Just because you may think all those discounts means the company will pay you, you won’t be that lucky. But all discounts will cut your premiums.

Car insurance companies that may offer these benefits may include but are not limited to:

Before buying, ask each company which discounts you may be entitled to. Savings may not apply everywhere.

Your personal situation dictates your coverage

When it comes to choosing coverage, there is no one size fits all plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. Here are some questions about coverages that could help you determine whether your personal situation would benefit from an agent’s advice.

  • Do I need motorclub coverage?
  • How do I file an SR-22 for a DUI in my state?
  • Will filing a claim cost me more?
  • How can I get high-risk coverage after a DUI?
  • How high should my medical payments coverage be?
  • What can I do if my company won’t pay a claim?
  • Do I have newly-aquired coverage?
  • Where can I find high-risk insurance?
  • What vehicles should carry emergency assistance coverage?
  • Does my personal policy cover me when driving out-of-state?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Why you might be paying too much to insure your Honda Fit

Smart consumers have a good feel for the different types of things that come into play when calculating the price you pay for insurance. Knowing what determines base rates enables informed choices that may reward you with big savings.

  • More claims means more premium – Companies generally give better rates to drivers who file claims infrequently. If you file claims often, you can pretty much guarantee either higher rates or even cancellation. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.
  • Safer cars are cheaper to insure – Vehicles with good safety scores are cheaper to insure. The safest vehicles protect occupants better and fewer injuries translates into fewer and smaller insurance claims passed on to you as lower rates. If your Honda Fit earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
  • Low deductibles can be expensive – Physical damage deductibles represent how much money you are willing to pay if you file a covered claim. Insurance for physical damage to your car, also known as collision and other-than-collision, insures against damage to your car. Some instances where coverage would apply would be colliding with a building, collision with an animal, or theft. The more expense you are required to pay out-of-pocket, the lower your rates will be on Fit coverage.
  • Never let your coverage lapse – Allowing your coverage to lapse is a guaranteed way to bump up your insurance costs. Not only will you pay more, getting caught without coverage may earn you a license revocation or jail time.You may need to file a SR-22 with your state department of motor vehicles.
  • Older drivers pay less – Older drivers are more responsible, tend to file fewer claims and tend to be better behind the wheel. Teen drivers have a tendency to be less responsible behind the wheel and because of this, their insurance rates are much higher.

Car insurance specifics

Learning about specific coverages of your policy helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. These are the usual coverages available from car insurance companies.

Auto collision coverage

Collision coverage will pay to fix damage to your Fit from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims such as colliding with a tree, hitting a parking meter, hitting a mailbox and crashing into a ditch. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. You can also bump up the deductible to get cheaper collision coverage.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance provide coverage for expenses for ambulance fees, surgery, EMT expenses and pain medications. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible

Coverage for uninsured or underinsured drivers

This coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Honda Fit.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally these limits do not exceed the liability coverage limits.

Comprehensive car insurance

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as falling objects, vandalism, rock chips in glass and hitting a deer. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Auto liability

This provides protection from damage or injury you incur to a person or their property. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers claims like court costs, structural damage, attorney fees, loss of income and pain and suffering. How much coverage you buy is up to you, but you should buy as large an amount as possible.

Shop. Compare. Save.

Affordable 2012 Honda Fit insurance is available online as well as from independent agents, and you need to price shop both so you have a total pricing picture. A few companies don’t offer you the ability to get quotes online and these smaller companies work with independent agents.

We’ve covered a lot of ways to compare insurance prices online. The key thing to remember is the more you quote, the higher your chance of finding lower rates. You may even find the biggest savings come from a small mutual company. Regional companies may cover specific market segments cheaper than the large multi-state companies such as State Farm, GEICO and Nationwide.

Additional detailed information is available in the articles below: