How Much Does 1998 Honda Odyssey Insurance Cost?

Searching for cheaper insurance for your Honda Odyssey can be an all-consuming task, but you can follow our insurance coverage buying tips to find lower rates. There is a right way and a wrong way to compare insurance coverage rates so we’re going to tell you the absolute fastest way to quote coverages for your Honda and find the lowest possible price.

Consumers need to check insurance coverage prices once or twice a year because prices change quite often. Even if you think you had the lowest rates for Odyssey insurance on your last policy other companies may now be cheaper. Forget anything you know (or think you know) about insurance coverage because you’re about to find out the only way to eliminate unnecessary coverages and save money.

Finding affordable coverage is not that difficult. If you are insured now or are looking for a new policy, you will benefit by learning to cut your premiums and possibly find even better coverage. Drivers just need to understand the proper methods to compare rates on the web.

Policy discounts you shouldn’t miss

Companies offering auto insurance don’t always advertise every available discount in a way that’s easy to find, so the following is a list of both the well known and the more hidden car insurance savings. If you aren’t receiving every discount possible, you are throwing money away.

  • Safety Course Discount – Successfully completing a course in driver safety could save 5% or more depending on where you live.
  • Own a Home – Simply owning a home may trigger a car insurance policy discount due to the fact that maintaining a home requires personal responsibility.
  • New Vehicle Savings – Insuring a new car is cheaper due to better safety requirements for new cars.
  • Lower Rates for Military – Being on active duty in the military may qualify for rate reductions.
  • E-sign – A few companies give back up to $50 simply for signing over the internet.
  • No Accidents – Drivers with accident-free driving histories can earn big discounts as compared to accident-prone drivers.

As a disclaimer on discounts, some of the credits will not apply to your bottom line cost. Most cut the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears all those discounts means the company will pay you, it doesn’t quite work that way.

To see a list of companies offering car insurance discounts, click here.

Insurance agents can help

When it comes to choosing proper insurance coverage, there really is not a “best” method to buy coverage. Everyone’s situation is unique.

For instance, these questions might point out if your situation might need an agent’s assistance.

  • Does my insurance cover my expensive audio equipment?
  • Which is better, split liability limits or combined limits?
  • Should I drop comprehensive coverage on older vehicles?
  • Is my nanny covered when driving my vehicle?
  • Are rental cars covered under my policy?
  • Who is covered by my policy?
  • Does my liability insurance cover pulling a trailer or camper?
  • Are my tools covered if they get stolen from my vehicle?
  • What is PIP insurance?
  • Are my friends covered when driving my car?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Do drivers who switch really save?

Consumers can’t get away from ads that promise big savings by companies like State Farm, Allstate and Geico. They all make the same claim about savings if you switch to them.

How can each company make the same claim?

Different companies are able to cherry pick for the type of driver they prefer to insure. For instance, a profitable customer could possibly be over the age of 40, is a homeowner, and has a short commute. Any driver that hits that “sweet spot” will get very good rates and therefore will cut their rates substantially.

Potential insureds who fall outside the requirements must pay higher premiums and ends up with business going elsewhere. The ad wording is “drivers who switch” not “people who quote” save that much money. That’s why companies can truthfully advertise the way they do. This illustrates why drivers should compare as many rates as you can. It’s not possible to predict which car insurance company will provide you with the cheapest Honda Odyssey insurance rates.

Parts of your auto insurance policy

Learning about specific coverages of your auto insurance policy aids in choosing the right coverages for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Liability car insurance

Liability coverage will cover injuries or damage you cause to other’s property or people by causing an accident. This coverage protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims such as repair costs for stationary objects, loss of income and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but consider buying higher limits if possible.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Honda Odyssey.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Medical expense coverage

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for things like surgery, nursing services, pain medications, hospital visits and rehabilitation expenses. They can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers any family member struck as a pedestrian. PIP is not available in all states and may carry a deductible

Collision protection

Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like rolling your car, scraping a guard rail and damaging your car on a curb. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Comprehensive protection

This coverage pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things like theft, hail damage and damage from getting keyed. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Shop smart and save

As you shop your coverage around, make sure you don’t reduce needed coverages to save money. There have been many cases where drivers have reduced comprehensive coverage or liability limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to find the BEST coverage at an affordable rate while still protecting your assets.

We just presented a lot of tips how to shop for 1998 Honda Odyssey insurance online. It’s most important to understand that the more quotes you get, the better your chances of lowering your rates. You may be surprised to find that the lowest premiums are with an unexpected company.

Cost effective insurance is attainable from both online companies and with local insurance agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance companies do not offer online quoting and most of the time these small insurance companies sell through independent agents.

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