Cheap 1999 Honda Odyssey Insurance Quotes

Trying to find the cheapest insurance rates for your Honda Odyssey? Sick and tired of paying out the nose to pay your car insurance bill each month? You’re in the same situation as most other car owners.

Numerous insurance companies battle to insure your vehicles, so it can be very hard to choose a insurance company and get the best coverage at the lowest cost out there.

It is always a good idea to get comparison quotes every six months since rates change quite often. Even if you got the best rates on Odyssey insurance on your last policy you may be paying too much now. Forget anything you know (or think you know) about insurance because you’re about to find out the things you must know in order to buy cheaper insurance.

Factors determining your Honda Odyssey insurance premium

An important part of buying insurance is that you know the different types of things that go into determining the price you pay for insurance coverage. Knowing what controls the rates you pay empowers consumers to make smart changes that may reward you with lower insurance coverage prices.

  • Safer occupants lowers premiums – Safer cars can get you lower premiums. These vehicles result in less severe injuries and fewer injuries means less money paid by your insurance company and thus lower rates. If the Honda Odyssey is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • Proper usage rating affects rates – The more miles you rack up on your Honda every year the more you’ll pay to insure your vehicle. Almost all companies apply a rate based on how the vehicle is used. Cars and trucks used primarily for pleasure use can get a lower rate as compared to vehicles used primarily for driving to work. Double check that your insurance coverage policy is showing how each vehicle is driven, because it can save money. Incorrect usage on your Odyssey may be costing you.
  • Mature drivers pay less – Mature drivers are more responsible, file fewer claims and tend to be better behind the wheel. Teenage drivers tend to be more careless in a vehicle therefore insurance coverage rates are much higher.
  • Liability coverage is cheap – The liability section of your policy is the coverage that protects you when you are found liable for damages from an accident. Liability insurance provides you with a defense in court up to the limits shown on your policy. Liability insurance is quite affordable compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Rates may be lower depending on your job – Careers like lawyers, executives and dentists are shown to have the highest average rates attributed to high stress levels and lengthy work days. Other occupations such as actors, historians and retirees pay the least on Odyssey insurance.
  • Better credit scores mean better rates – Your credit score is a large factor in your rate calculation. Drivers who have excellent credit tend to be better drivers and file fewer claims than drivers who have lower credit scores. So if your credit rating is low, you could potentially save money when insuring your 1999 Honda Odyssey by repairing your credit.

Verify you’re getting all your discounts

Insurance can be prohibitively expensive, buy you may qualify for discounts to help offset the cost. Larger premium reductions will be automatically applied when you get a quote, but some may not be applied and must be specially asked for before they will apply.

  • College Student – Youth drivers who are attending college and don’t have a car may be able to be covered for less.
  • Homeowners Savings – Owning a house may trigger a insurance policy discount because of the fact that having a home demonstrates responsibility.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems prevent accidents and therefore earn up to a 10% discount.
  • Save with a New Car – Insuring a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems can help prevent theft and therefore earn up to a 10% discount.
  • E-sign – Some insurance companies give back up to $50 just for signing your application digitally online.
  • Claim Free – Claim-free drivers pay less when compared with drivers who are more careless.
  • Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts can save 10% or more off your medical payments premium.
  • Accident Waiver – Certain companies will allow you to have one accident without raising rates if your claims history is clear for a certain period of time.

It’s important to understand that most of the big mark downs will not be given to the entire policy premium. Most only apply to individual premiums such as liability and collision coverage. So when the math indicates you would end up receiving a 100% discount, you won’t be that lucky. Any amount of discount will cut the amount you have to pay.

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

Misconceptions in auto insurance advertisements

Auto insurance providers like Allstate, Geico and Progressive constantly bombard you with ads in print and on television. They all say the same thing that you’ll save big if you switch your policy. How does each company claim to save you money?

All the different companies can use profiling for the type of customer that earns them a profit. For instance, a profitable customer might be profiled as between the ages of 30 and 50, has no prior claims, and drives less than 7,500 miles a year. A propective insured who matches those parameters will get very good rates and therefore will save quite a bit of money when switching.

Consumers who don’t meet these standards will have to pay higher premiums and ends up with the driver buying from a lower-cost company. The ads say “customers who switch” not “people who quote” save that much money. That is how companies can make those claims.

Because of the profiling, it is so important to compare many company’s rates. You cannot predict which auto insurance company will have the lowest Honda Odyssey insurance rates.

When should I talk to an agent?

When buying coverage for your personal vehicles, there isn’t really a perfect coverage plan. Every situation is different so this has to be addressed. For example, these questions might help in determining whether your personal situation may require specific advice.

  • If my pet gets injured in an accident are they covered?
  • Is a fancy paint job covered?
  • Should I carry comprehensive and collision coverage?
  • When can my company non-renew my policy?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Should I buy additional glass protection?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Where can I get insurance after a DUI in my state?

If it’s difficult to answer those questions, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.

Insurance policy coverages for a 1999 Honda Odyssey

Having a good grasp of insurance 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. Shown next are typical coverage types available from insurance companies.

Comprehensive (Other than Collision)

This will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, damage from flooding, vandalism, falling objects and rock chips in glass. The highest amount your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical expense insurance

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses like nursing services, prosthetic devices, EMT expenses, chiropractic care and rehabilitation expenses. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. They cover all vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Liability insurance

This coverage will cover damage or injury you incur to a person or their property in an accident. It protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Some companies may use one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like pain and suffering, funeral expenses, repair costs for stationary objects and medical services. How much liability coverage do you need? That is up to you, but consider buying as much as you can afford.

Protection from uninsured/underinsured drivers

This coverage provides protection from other motorists when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Honda Odyssey.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Normally these limits are set the same as your liablity limits.

Auto collision coverage

Collision insurance pays for damage to your Odyssey resulting from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like rolling your car, backing into a parked car and colliding with a tree. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

In Summary

Cost effective 1999 Honda Odyssey insurance is possible from both online companies as well as from independent agents, so you should compare both to get a complete price analysis. Some insurance coverage companies don’t offer online quoting and usually these small insurance companies provide coverage only through local independent agents.

When buying insurance coverage, it’s very important that you do not reduce needed coverages to save money. There have been many situations where an insured cut liability coverage limits only to find out that the few dollars in savings costed them thousands. Your focus should be to buy enough coverage at an affordable rate, not the least amount of coverage.

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