2016 Honda Ridgeline Car Insurance Rates – 6 Tips to Save

Have you fallen victim to an underperforming, overpriced insurance policy? Believe me, you are not the only one feeling buyer’s remorse. Since consumers have many options when it comes to insurance, it’s difficult to choose the most cost effective car insurance company.

Compare the Market for Insurance Coverage

All major insurance coverage companies like Progressive, GEICO, Allstate and State Farm quote prices on the web. This process is pretty painless as you just enter the coverage amounts you desire as detailed in the form. After you submit the form the company’s rating system will order credit information and your driving record and returns pricing information based on many factors. This makes it a lot easier to compare rates but having to visit multiple sites and complete many quote forms can be a bit repetitive. But it’s absolutely necessary to perform this step in order to find lower prices.

There is an easier way!

A more efficient way to lower your rates uses one simple form to obtain quotes from a bunch of companies at once. It saves time, eliminates repetitive work, and makes online price comparison much more enjoyable. As soon as the form is sent, it is rated and you are able to buy any of the quotes returned.

If one or more price quotes are lower than your current rates, you can simply submit the application and buy the new coverage. The entire process can be completed in less than 10 minutes and you’ll know if lower rates are available.

To save time and find out what other companies charge, click here and fill out the form. If you have coverage now, it’s recommended you copy your coverages exactly as they are listed on your policy. Using the same limits helps guarantee you will have a rate comparison for similar insurance coverage.

Is there truth in advertising?

Drivers get pounded daily by advertisements for car insurance savings by Progressive, GEICO, Allstate and State Farm. They all say the same thing that you can save if you move to their company.

How can each company say the same thing?

All companies are able to cherry pick for the type of driver that is profitable for them. A good example of a profitable customer could be between 30 and 50, has no driving citations, and chooses high deductibles. A propective insured that hits that “sweet spot” is entitled to the best price and as a result will probably save when they switch companies.

Drivers who fall outside these standards will have to pay higher rates and ends up with business not being written. The ads state “drivers who switch” not “everyone that quotes” save that much. That’s the way insurance companies can confidently state the savings.

Because of the profiling, you need to get quotes from several different companies. It’s just too difficult to predict which insurance companies will provide you with the cheapest Honda Ridgeline insurance rates.

Are you getting all your discounts?

Car insurance can cost a lot, but there are discounts available to help bring down the price. Certain discounts will be triggered automatically at the time you complete a quote, but less common discounts must be inquired about prior to receiving the credit. If they aren’t giving you every credit you deserve, you are throwing money away.

  • Organization Discounts – Affiliation with certain professional organizations could trigger savings when buying auto insurance on Ridgeline coverage.
  • College Student – Children who are attending college and do not have a car may qualify for this discount.
  • Anti-lock Brake System – Vehicles equipped with ABS or steering control can reduce accidents and therefore earn up to a 10% discount.
  • Save with a New Car – Putting insurance coverage on a new car can be considerably cheaper due to better safety requirements for new cars.
  • Multi-car Discount – Insuring more than one vehicle with the same company may reduce the rate for each vehicle.
  • Good Student – A discount for being a good student can get you a discount of up to 25%. The discount lasts until age 25.

As a disclaimer on discounts, most of the big mark downs will not be given to the entire policy premium. The majority will only reduce specific coverage prices like liability, collision or medical payments. So even though they make it sound like all the discounts add up to a free policy, you won’t be that lucky. Any qualifying discounts will help reduce your premiums.

Companies that may offer some of the above discounts include:

Double check with each company how you can save money. Some discounts might not apply in your state.

When might I need an agent?

When it comes to buying coverage for your vehicles, there really is not a best way to insure your cars. Everyone’s situation is unique and a cookie cutter policy won’t apply. These are some specific questions can aid in determining whether your personal situation might need an agent’s assistance.

  • What can I do if my company denied a claim?
  • Does liability extend to a camper or trailer?
  • What if I don’t agree with a claim settlement offer?
  • Is a fancy paint job covered?
  • Is my ex-spouse still covered by my policy?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.

Auto insurance coverage options for a Honda Ridgeline

Understanding the coverages of your auto insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are the normal coverages offered by auto insurance companies.

Coverage for collisions

This coverage will pay to fix damage to your Ridgeline resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like rolling your car, colliding with a tree, hitting a mailbox and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. It’s also possible to choose a higher deductible to save money on collision insurance.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Liability coverages

Liability coverage protects you from injuries or damage you cause to other’s property or people. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims such as pain and suffering, repair costs for stationary objects and emergency aid. How much liability should you purchase? That is up to you, but consider buying as high a limit as you can afford.

Coverage for medical payments

Med pay and PIP coverage reimburse you for bills for things like X-ray expenses, pain medications, funeral costs and prosthetic devices. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive coverages

This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as falling objects, a tree branch falling on your vehicle, rock chips in glass and damage from flooding. The maximum payout a auto insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Stretch your dollar

Cheap 2016 Honda Ridgeline insurance is available from both online companies in addition to many insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. There are still a few companies who do not provide you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

You just learned many tips how you can compare insurance prices online. The key thing to remember is the more providers you compare, the better likelihood of reducing your rate. Consumers may even find the biggest savings come from a lesser-known regional company. They may only write in your state and offer lower rates than their larger competitors like State Farm, GEICO and Nationwide.

When buying insurance coverage, make sure you don’t skimp on coverage in order to save money. There have been many cases where an accident victim reduced comprehensive coverage or liability limits and found out when filing a claim that it was a big mistake. Your goal should be to find the BEST coverage at the best price while not skimping on critical coverages.

More detailed insurance information is available in these articles: