2012 Honda Insight Insurance Cost – 8 Ideas for Cheaper Prices

Searching for low-cost insurance for a new or used Honda Insight can turn out to be an all-consuming task, but you can follow our auto insurance buying tips and make it easy.

There is a right way and a wrong way to compare auto insurance rates so we’re going to tell you the quickest way to compare rates for your Honda and locate the lowest price.

You need to get comparison quotes at least once a year because prices are adjusted regularly by insurance companies. Just because you had the best rates for Insight insurance a couple years back a different company probably has better rates today. There is too much inaccurate information about auto insurance online but with this article, you’re going to get some solid techniques on how to find affordable auto insurance.

If you have insurance now or need a new policy, you can learn to cut your premiums while maximizing coverage. Buying the best protection can be fairly easy. Drivers only need to know the proper way to buy auto insurance online.

How to Buy Insurance Coverage Online

Shopping for lower insurance coverage rates can be a daunting task if you aren’t aware of the most efficient way. You could waste time driving to agents in your area, or you could use the web to get rates in a matter of minutes.

Many insurance companies are enrolled in a marketplace where prospective buyers only type in their quote data once, and each participating company provides a quote determined by their information. This saves time by eliminating quotation requests to each individual insurance coverage company.

To find out how much you can save on insurance coverage click here (opens in new window).

One minor caviat to pricing coverage this way is you can’t choose the insurers to receive prices from. So if you want to choose specific insurance companies to compare rates, we have assembled a list of insurance coverage companies in your area. Click here to view list.

However you get your quotes, make sure you use the exact same quote information for each comparison quote. If each company quotes unequal deductibles or liability limits it will be next to impossible to find the best deal for your Honda Insight.

Save money by taking advantage of these eight discounts

Properly insuring your vehicles can get expensive, but companies offer discounts that you may not even be aware of. Some trigger automatically when you quote, but some may not be applied and must be specially asked for in order for you to get them. If you don’t get every credit possible, you are throwing money away.

  • Student in College – Youth drivers who live away from home and do not have a car can receive lower rates.
  • Federal Government Employee – Simply working for the federal government can save as much as 8% for Insight insurance depending on your company.
  • Auto/Life Discount – Some companies give lower rates if you buy a life insurance policy as well.
  • Military Rewards – Having a family member in the military may qualify for rate reductions.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems can help prevent theft and qualify for as much as a 10% discount.
  • Passive Restraints – Factory air bags and/or automatic seat belt systems can get savings of 20% or more.
  • Good Students Pay Less – Performing well in school can be rewarded with saving of up to 25%. Earning this discount can benefit you up to age 25.
  • Organization Discounts – Participating in certain professional organizations may earn a discount when shopping for car insurance for Insight insurance.

Consumers should know that some of the credits will not apply to your bottom line cost. Most cut the price of certain insurance coverages like liability and collision coverage. Even though it may seem like all the discounts add up to a free policy, car insurance companies aren’t that generous. But any discount will bring down your overall premium however.

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

Before buying, ask each company which discounts they offer. Some discounts may not apply everywhere.

When should I use an insurance agent?

When it comes to buying coverage for your vehicles, there really is no cookie cutter policy. Everyone’s situation is a little different.

These are some specific questions can help discover whether or not you will benefit from professional help.

  • When does my teenage driver need to be added to my policy?
  • What is PIP insurance?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Do I pay less for low miles?
  • When can I cancel my policy?
  • Will filing a claim cost me more?
  • Do I need replacement cost coverage?
  • Does my insurance cover my expensive audio equipment?
  • Does coverage extend to Mexico or Canada?
  • What is high-risk coverage and where do I buy it?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an agent. To find an agent in your area, complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Insurance coverages 101

Having a good grasp of your policy can be of help when determining which coverages you need and proper limits and deductibles. Insurance terms can be impossible to understand and coverage can change by endorsement.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for immediate expenses such as rehabilitation expenses, funeral costs and dental work. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Collision insurance

This coverage covers damage to your Insight resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as hitting a parking meter, sideswiping another vehicle, hitting a mailbox, colliding with another moving vehicle and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Another option is to bump up the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your 2012 Honda Insight.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally the UM/UIM limits are set the same as your liablity limits.

Comprehensive insurance

Comprehensive insurance pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as falling objects, hitting a deer, hail damage, vandalism and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability insurance

Liability insurance can cover damage or injury you incur to people or other property by causing an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Some companies may use a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like bail bonds, attorney fees, court costs and legal defense fees. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford.

Knowledge is power

Insureds leave their current company for a variety of reasons including not issuing a premium refund, unfair underwriting practices, policy non-renewal and even denial of a claim. Whatever your reason, finding a great new company can be easier than you think.

Low-cost 2012 Honda Insight insurance can be purchased 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 companies do not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.

When you buy insurance online, do not buy poor coverage just to save money. Too many times, someone dropped liability coverage limits and discovered at claim time that their decision to reduce coverage ended up costing them more. Your aim should be to purchase plenty of coverage at a price you can afford.

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