2015 Honda Odyssey Insurance Cost

Trying to find lower car insurance rates? Buyers have options when searching for affordable Honda Odyssey insurance. You can either spend your time calling around getting price quotes or leverage the internet to get rate quotes. There are more efficient ways to compare car insurance rates so we’re going to tell you the proper way to compare rates for a Honda and get the lowest possible price from both online companies and local agents.

Choosing the best insurance company for you is easy if you know what you’re doing. If you have car insurance now, you stand a good chance to be able to cut costs considerably using these tips. Consumers only need to know how to compare rates online.

These factors can influence what you pay for Honda Odyssey insurance

Consumers need to have an understanding of the rating factors that go into determining the price you pay for insurance. Knowing what impacts premium levels enables informed choices that can help you get much lower annual insurance costs.

Listed below are a partial list of the pieces insurance companies consider when setting your rates.

  • Where you live is a factor – Residing in a rural area has it’s advantages when insuring your vehicles. City drivers have congested traffic and longer commutes to work. Fewer drivers means reduced accidents as well as less vandalism and auto theft.
  • Don’t sacrifice liability coverage – The liability section of your policy provides coverage if ever a jury decides you are liable for causing damage or personal injury in an accident. It will provide legal defense which can cost thousands of dollars. This coverage is very inexpensive compared to insuring for physical damage coverage, so drivers should carry high limits.
  • Optional equipment can affect rates – Purchasing a vehicle with a theft deterrent system can help bring down rates. Theft prevention devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your car from being stolen.
  • Traffic citations inflate rates – Your driving record has a big impact on rates. Good drivers receive lower rates compared to drivers with tickets. Only having one speeding ticket can increase rates by twenty percent. Drivers who get flagrant violations such as DWI, reckless driving or hit and run convictions may be required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to keep their license.

Auto Insurance Comparison Rates

All major auto insurance companies such as State Farm, Allstate and Geico give insurance quotes directly from their websites. Getting online rates is quite easy as you simply enter your required coverages into the quote form. Behind the scenes, the system orders credit information and your driving record and gives you a price quote determined by many factors.

This streamlines rate comparisons, but the process of having to visit each company’s website and repetitively enter the same data into a form is monotonous and tiresome. But it’s absolutely necessary to perform this step if you want to find the best price possible.

A more efficient way to locate the lowest prices is to use a quote form that gets price quotes from more than one company. This type of form saves time, eliminates form submissions, and makes rate comparisons much simpler. As soon as you send your information, it is quoted with multiple companies and you can pick your choice of the price quotes you receive. If a lower price is quoted, you can click and sign and buy the new coverage. The entire process only takes a few minutes and may save quite a bit of money.

In order to find out if lower rates are available, click here and fill out the form. To compare your current rates, we recommend you replicate coverages and limits just like they are on your policy. This helps ensure you will have a rate comparison based on identical coverages.

Discounts mean cheaper 2015 Honda Odyssey insurance rates

Companies offering auto insurance don’t list all available discounts very well, so here is a list both the well known and the more hidden ways to save on car insurance. If you don’t get every credit possible, you’re just leaving money on the table.

  • Paperwork-free – A few companies will discount your bill up to fifty bucks just for signing your application online.
  • Seat Belts Save more than Lives – Requiring all passengers to use a seat belt can save up to 15% off your medical payments premium.
  • Air Bag Discount – Cars that have air bags or motorized seat belts can qualify for discounts of more than 20%.
  • Senior Citizens – If you’re over the age of 55, you may be able to get a small decrease in premiums for Odyssey coverage.
  • Multi-policy Discount – If you have multiple policies with one insurance company you will save at least 10% off all policies.
  • Military Rewards – Being on active duty in the military could mean lower rates.
  • Discount for Good Grades – A discount for being a good student can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.
  • Accident Free – Drivers with accident-free driving histories pay much less when compared with accident-prone drivers.

It’s important to note that some credits don’t apply to all coverage premiums. Most only reduce specific coverage prices like comp or med pay. So even though it sounds like all those discounts means the company will pay you, it just doesn’t work that way.

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

Tailor your coverage to you

When it comes to buying proper insurance coverage for your vehicles, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs.

These are some specific questions can help discover whether or not you might need an agent’s assistance.

  • Am I missing any policy discounts?
  • I have health insurance so do I need medical payments coverage?
  • Should I buy only the required minimum liability coverage?
  • Are my friends covered when driving my car?
  • Can I drive in Mexico and have coverage?
  • Does my 2015 Honda Odyssey need full coverage?
  • Am I covered if I drive in a foreign country?
  • Is other people’s property covered if stolen from my vehicle?
  • When should I buy a commercial auto policy?
  • Do I need rental car coverage?

If you can’t answer these questions but you know they apply to you, you might consider talking to an insurance agent. To find an agent in your area, fill out this quick form. It only takes a few minutes and you can get the answers you need.

What car insurance coverages do you need?

Understanding the coverages of a car insurance policy helps when choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Liability insurance – Liability coverage will cover damage that occurs to other people or property by causing an accident. It protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things like medical services, repair costs for stationary objects, emergency aid, repair bills for other people’s vehicles and bail bonds. The amount of liability coverage you purchase is a personal decision, but buy as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your Honda Odyssey.

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 important protection for you and your family.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage reimburse you for expenses such as funeral costs, ambulance fees and pain medications. The coverages can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. It covers all vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Comprehensive insurance – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as theft, vandalism and damage from getting keyed. The highest amount a car insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision coverages – This coverage pays for damage to your Odyssey caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as colliding with a tree, sideswiping another vehicle, damaging your car on a curb, hitting a mailbox and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

Pennies from heaven

We just presented a lot of information how to get a better price on 2015 Honda Odyssey insurance. The most important thing to understand is the more rate comparisons you have, the better chance you’ll have of finding lower rates. Consumers could even find that the best prices are with the least-expected company.

People change insurance companies for a variety of reasons including questionable increases in premium, an unsatisfactory settlement offer, denial of a claim and being labeled a high risk driver. No matter why you want to switch, finding the right insurance coverage provider is easier than you think.

When buying insurance coverage, make sure you don’t buy poor coverage just to save money. In too many instances, an insured cut uninsured motorist or liability limits to discover at claim time that it was a big mistake. Your focus should be to buy enough coverage for the lowest price while not skimping on critical coverages.

Helpful resources