2013 Honda Fit Insurance Cost

Tired of scraping the payment together to buy car insurance? You are in the same boat as most other car owners.

Lots of insurers contend for your business, and it can be difficult to compare rates and uncover the absolute cheapest price

You should take the time to do rate comparisons before your policy renews since rates tend to go up over time. Despite the fact that you may have had the lowest rates for Fit insurance last year you will most likely find a better rate today. Starting now, forget anything you know (or think you know) about car insurance because we’re going to show you the best methods to find better rates and still maintain coverage.

Honda Fit insurance premiums are calculated by many factors

Consumers need to have an understanding of the factors that go into determining the price you pay for auto insurance. Having a good understanding of what influences your rates allows you to make educated decisions that will entitle you to better auto insurance rates.

  • Special features that cut premiums – Purchasing a vehicle with an alarm system can get you a discount on your auto insurance. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your car from being stolen.
  • Where you live can impact rates – Residing in a small town has it’s advantages when insuring your vehicles. Drivers who live in large cities have congested traffic and longer commutes to work. Fewer people means a lower chance of having an accident and also fewer theft and vandalism claims.
  • Cautious drivers pay less – Drivers who don’t get tickets receive lower rates than people who have multiple driving citations. Even one speeding ticket can bump up the cost by as much as thirty percent. Drivers who get severe violations like DUI or reckless driving may be required to submit a SR-22 form with their state motor vehicle department in order to drive a vehicle legally.
  • Being married is a good thing – Getting married helps lower the price when buying auto insurance. Marriage translates into being more mature than a single person and it’s proven that married drivers get in fewer accidents.
  • How your age affects price – More mature drivers are viewed as being more responsible, statistically cause fewer accidents and receive fewer citations. Young drivers are known to be more careless when driving therefore auto insurance rates are much higher.
  • You might want pay the small claims yourself – Auto insurance companies award discounts to people who do not file claims often. If you file claims often, you can pretty much guarantee either policy cancellation or increased premiums. Your insurance policy is intended to be relied upon for the large, substantial claims.

Vehicle Insurance Comparison

To find the best auto insurance prices, there are several ways of comparing price quotes from auto insurance companies in your area. The recommended way to find competitive 2013 Honda Fit insurance rates consists of obtaining rate quotes online. This is very easy and can be done in a couple of different ways.

  1. The recommended way to find low rates would be an industry-wide quote request form click to view form in new window. This type of form eliminates the need for repetitive form submissions for each company you want a rate for. A single, simple form gets rate comparisons from auto insurance companies with the best prices.
  2. A different way to find lower rates requires a visit to the website for each individual company and fill out their own quote form. For instance, let’s say you want comparison quotes from Allstate, Liberty Mutual and Travelers. To find out each rate you need to spend time on each company’s site to input your insurance information, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.
  3. The most time-consuming method of getting rate comparisons is driving to insurance agents’ offices. The internet makes this process obsolete unless you prefer the personal advice of a local agent. However, consumers can price shop your coverage online and still use a local agent and you’ll learn how to do that later.

It doesn’t matter which method you choose, just be sure to compare exactly the same information for every company. If you are comparing different values for each quote you will not be able to determine which rate is truly the best. Slightly different limits can make a big difference in price. And when quoting auto insurance, remember that comparing more company’s prices gives you a better chance of getting better pricing.

Save big with these discounts

Insuring your vehicles can cost a lot, but discounts can save money and there are some available that you may not even be aware of. Certain discounts will be triggered automatically when you quote, but less common discounts must be specially asked for before you get the savings.

  • E-sign – Some insurance companies may give you up to $50 for buying a policy and signing up over the internet.
  • Multiple Cars – Buying insurance for all your vehicles on one policy qualifies for this discount.
  • Resident Student – Any of your kids living away from home attending college and do not have access to a covered vehicle can be insured at a reduced rate.
  • Payment Method – If you pay your entire premium ahead of time rather than paying monthly you could save 5% or more.
  • Early Switch Discount – Some companies give discounts for buying a policy before your current expiration date. It’s a savings of about 10%.
  • Anti-theft Discount – Vehicles with anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Organization Discounts – Belonging to a civic or occupational organization is a good way to get lower rates when shopping for insurance coverage for Fit insurance.
  • Defensive Driver – Taking part in a driver safety course could save 5% or more if you qualify.

As a disclaimer on discounts, most credits do not apply to the overall cost of the policy. Most only cut individual premiums such as comprehensive or collision. So despite the fact that it appears you could get a free insurance coverage policy, insurance coverage companies aren’t that generous. Any amount of discount will bring down your premiums.

For a list of insurers with the best insurance coverage discounts, click here.

But I don’t know anything about car insurance

When choosing the best auto insurance coverage, there is no “best” method to buy coverage. Each situation is unique and a cookie cutter policy won’t apply. For instance, these questions could help you determine if your insurance needs could use an agent’s help.

  • What is high-risk coverage and where do I buy it?
  • Am I better off with higher deductibles on my 2013 Honda Fit?
  • What is the difference between comprehensive and collision coverage?
  • Are there companies who specialize in insuring high-risk drivers?
  • Will I lose any money if I cancel my policy before it expires?
  • Do I need replacement cost coverage?
  • Does my personal policy cover me when driving out-of-state?
  • How much liability insurance is required?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • If my 2013 Honda Fit is totaled, can I afford another vehicle?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area.

Insurance coverages 101

Learning about specific coverages of your insurance policy can help you determine the right coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Shown next are the usual coverages found on the average insurance policy.

Comprehensive insurance

This covers 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 coverage protects against things such as a tree branch falling on your vehicle, hitting a bird, rock chips in glass and theft. The most a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability auto insurance

This can cover injuries or damage you cause to other’s property or people. It protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see liability 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 a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as legal defense fees, repair bills for other people’s vehicles, bail bonds and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for bills like ambulance fees, chiropractic care and dental work. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision protection

This coverage pays for damage to your Fit from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as sustaining damage from a pot hole, driving through your garage door and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to increase the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection from other drivers when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your 2013 Honda Fit.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Normally these limits do not exceed the liability coverage limits.

More comparisons equals lower rates

Throughout this article, we presented many ways to reduce 2013 Honda Fit insurance prices online. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. Drivers may discover the lowest priced auto insurance comes from the smaller companies. They may have significantly lower rates on certain market segments as compared to the big name companies such as Geico and State Farm.

When trying to cut insurance costs, do not buy poor coverage just to save money. There are too many instances where someone sacrificed liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to find the BEST coverage at an affordable rate, not the least amount of coverage.

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