1994 Honda Prelude Car Insurance Quotes – 6 Tips for Best Rates

Finding lower premiums on insurance coverage can be hard for consumers not familiar with shopping for insurance online. Drivers have so many options available that it can be a challenge to find lower rates.

Smart consumers take time to compare rates on a regular basis because prices change regularly. If you had the best rates on Prelude coverage a couple years back the chances are good that you can find a lower rate today. There is a lot of wrong information about insurance coverage online but I’m going to show you some tested techniques to quit paying high insurance coverage rates.

The purpose of this article is to instruct you on how car insurance quotes work. If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using these methods. Although car owners must learn the way companies price insurance differently.

Finding Auto Insurance Deals

There are multiple methods to compare 1994 Honda Prelude auto insurance quotes, and some are more efficient than others. You can waste a few hours (or days) talking to agents in your area, or you can utilize the web to quickly compare rates.

Most of the larger companies belong to a marketplace that enables customers to complete one form, and each participating company then returns a price quote based on the submitted data. This system prevents you from having to do repetitive form submissions for every auto insurance company.

To find out how much you’re overpaying now click here to open in new window.

The only downside to doing it this way is you are unable to specify which insurance companies to get quotes from. If you wish to select individual companies for rate comparison, we have assembled a list of the cheapest auto insurance companies in your area. Click to view list.

It’s your choice how you get your quotes, but be sure to compare apples-to-apples information for every quote you compare. If you are comparing different values for each quote it’s not possible to make an equal comparison. Quoting even small variations in insurance coverages may cause a big price difference. Just keep in mind that comparing more company’s prices will enable you to find lower pricing.

More discounts equal less premium

Insurance can be prohibitively expensive, but companies offer discounts that many people don’t even know exist. Most are applied at the time of quoting, but lesser-known reductions have to be inquired about prior to receiving the credit.

  • Driver Safety – Completing a course teaching defensive driving skills can save you 5% or more if you qualify.
  • Sign Early and Save – Select companies give a discount for switching to them before your current expiration date. It can save you around 10%.
  • Own a Home – Owning a house can save you money because owning a home demonstrates responsibility.
  • Multi-policy Discount – If you have multiple policies with one insurance company you could get a discount of approximately 10% to 15%.
  • Seat Belts Save – Buckling up and requiring all passengers to use their safety belts could save 15% on the medical payments or PIP coverage costs.
  • Good Student Discount – A discount for being a good student can be rewarded with saving of up to 25%. The discount lasts up until you turn 25.

Keep in mind that many deductions do not apply the the whole policy. Most only cut individual premiums such as liability, collision or medical payments. Just because it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way. Any qualifying discounts will cut the amount you have to pay.

For a list of insurance companies with discount auto insurance rates, click here.

It’s not one size fits all

When it comes to buying proper insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For example, these questions can help discover whether you could use an agent’s help.

  • Is extra glass coverage worth it?
  • Should I buy more coverage than the required minimum liability coverage?
  • If my 1994 Honda Prelude is totaled, can I afford another vehicle?
  • What should my uninsured motorist coverage limits be in my state?
  • Do I need rental car coverage?
  • Is my teenager covered with friends in the car?
  • Do I need to file an SR-22 for a DUI in my state?
  • Do I have newly-aquired coverage?
  • Am I covered when driving on a suspended license?
  • Am I covered if hit by an uninsured driver?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to an agent. To find lower rates from a local agent, complete this form.

Coverage specifics

Understanding the coverages of a insurance policy can help you determine appropriate coverage 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.

Protection from uninsured/underinsured drivers

This coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Honda Prelude.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Collision coverage

Collision insurance pays for damage to your Prelude caused by collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims such as colliding with another moving vehicle, crashing into a ditch and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Liability coverage

Liability insurance can cover injuries or damage you cause to people or other property in an accident. It protects you against other people’s claims, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Alternatively, you may have a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims such as medical expenses, legal defense fees and structural damage. The amount of liability coverage you purchase is your choice, but consider buying as high a limit as you can afford.

Comprehensive (Other than Collision)

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like damage from a tornado or hurricane, theft, hitting a bird and damage from getting keyed. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical expense insurance

Medical payments and Personal Injury Protection insurance kick in for expenses such as doctor visits, rehabilitation expenses, EMT expenses and ambulance fees. The coverages can be utilized in addition to your health insurance plan or if you do not have health coverage. It covers not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

The best insurance company isn’t always the cheapest

In this article, we presented a lot of ways to reduce 1994 Honda Prelude insurance prices online. The key thing to remember is the more you quote, the better likelihood of reducing your rate. You may be surprised to find that the lowest rates come from the smaller companies.

As you restructure your insurance plan, never buy less coverage just to save a little money. There have been many cases where someone sacrificed comprehensive coverage or liability limits only to regret at claim time that it was a big error on their part. The proper strategy is to buy enough coverage at the best price while still protecting your assets.

Lower-priced insurance is possible online as well as from independent agents, so you should compare both to have the best rate selection. Some car insurance companies don’t offer the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.

For more information, feel free to browse the articles below: