How long have you put off shopping around for cheaper Honda Fit insurance in Phoenix? There isn’t a single person who gets a kick out of paying for car insurance, especially when they are paying too much.
Unbelievable but true, most consumers have remained with the same car insurance company for a minimum of four years, and nearly the majority have never compared rates with other companies. Drivers in Arizona can save hundreds of dollars each year just by comparing rates, but most just don’t grasp the large savings they would see if they replace their high priced policy. Vehicle owners have many auto insurance companies to buy insurance from, and although it’s nice to be able to choose, more options can take longer to adequately compare rates for Honda Fit insurance in Phoenix.
The purpose of this post is to familiarize you with the best way to quote coverages and some money-saving tips. If you currently have auto insurance, you stand a good chance to be able to save money using the tips covered below. Smart buyers just need to use the most efficient way to get comparison quotes online from multiple companies.
Best companies for affordable Honda Fit insurance in Arizona
The companies shown below are our best choices to provide price quotes in Phoenix, AZ. If multiple providers are shown, it’s highly recommended you click on several of them to get the best price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Fit Sport VSA||$112||$246||$190||$12||$56||$616||$51|
|Get Your Own Custom Quote Go|
Data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Rate information does not factor in specific garaging location which can alter premiums greatly.
Full coverage versus liability only rates
The information below illustrates the difference between Honda Fit insurance rates with full coverage and liability only. The prices are based on no driving violations, no at-fault accidents, $250 deductibles, married male driver, and no additional discounts are factored in.
When to drop comp and collision
There isn’t a steadfast formula to stop buying comp and collision coverage, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than 10% of the settlement you would receive from your company, then it might be time to consider dropping full coverage.
For example, let’s assume your Honda Fit book value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most you would receive is $6,000 after paying your deductible. If you are paying over $600 annually to have full coverage, then you might want to think about dropping full coverage.
There are some cases where removing full coverage is not financially feasible. If you haven’t paid off your loan, you are required to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.
Get cheaper Honda Fit insurance in Phoenix with discounts
Auto insurance is not inexpensive, but you may qualify for discounts that may help make it more affordable. Some of these discounts will be visible at quote time, but some may not be applied and must be specially asked for before being credited.
- Auto/Life Discount – Some insurance carriers give a small discount if you purchase a life policy as well.
- Safety Course Discount – Successfully completing a class that teaches safe driver techniques could earn you a small percentage discount if you qualify.
- Driver Education Discount – It’s a good idea to have your young drivers take driver’s ed class in high school.
- Military Discounts – Being on active duty in the military could trigger a small discount.
- No Claims – Claim-free drivers pay much less when compared with frequent claim filers.
- Air Bags and Passive Restraints – Factory air bags could see savings up to 30%.
- Discount for Multiple Policies – If you insure your home and vehicles and place coverage with the same company you may save as much as 10 to 15 percent.
- Theft Prevention System – Cars with anti-theft systems help deter theft and will save you 10% or more on Fit insurance in Phoenix.
As a footnote on discounts, most discount credits are not given to the entire policy premium. Most only reduce specific coverage prices like physical damage coverage or medical payments. Even though the math looks like all the discounts add up to a free policy, insurance companies wouldn’t stay in business. Any amount of discount will definitely reduce the premium cost.
Some of the insurance companies that have some of the discounts shown above are:
Before you buy a policy, ask every prospective company what discounts are available to you. Some of the discounts discussed earlier might not be available to policyholders in Phoenix.
What if I want to buy from local Phoenix auto insurance agents?
Some consumers would rather talk to an insurance agent and that is not a bad decision Licensed agents are trained to spot inefficiencies and help in the event of a claim. A nice benefit of comparing car insurance online is that drivers can save money and get the lowest rates and also buy local. Buying from local agencies is still important in Phoenix.
Upon completion of this form (opens in new window), your information is sent to participating agents in Phoenix who will give you bids for your car insurance coverage. You won’t even need to leave your house since price quotes are sent immediately to your email address. If you want to compare prices from a specific company, you can always visit that company’s website and complete a quote there.
Compare rates from both independent and exclusive auto insurance agents
When researching a good insurance agency, there are a couple of types of agencies and how they operate. Agencies in Phoenix can be classified as either exclusive or independent. Either type can write car insurance policies, but it’s worth learning the difference between them since it could factor into your selection of an agent.
Independent Insurance Agents
Independent insurance agents do not write with just one company and that gives them the ability to insure through many companies and find the cheapest rate. To transfer your coverage to a different company, your agent can just switch to a different company which requires no work on your part.
If you need cheaper car insurance rates, we highly recommend that you compare quotes from a few independent agents so that you have a good selection of quotes to compare.
Below are independent insurance agencies in Phoenix that may be able to provide cheap rate quotes.
Exclusive Insurance Agents
These agents work for only one company like AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents cannot place coverage with different providers so if the price isn’t competitive there isn’t much they can do. Exclusive insurance agents are trained well on sales techniques which helps them sell on service rather than price.
Listed below is a short list of exclusive agencies in Phoenix willing to provide comparison quotes.
Picking the best insurance agency needs to be determined by more than just the price. Before buying a policy in Phoenix, get answers to these questions.
- Where would your vehicle be repaired?
- Which companies can they place coverage with?
- How long has their agency been open in Phoenix?
- Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
- Did they already check your driving record and credit reports?
- Are they in the agency full-time?
Save $395 a year. For real?
Consumers in Arizona can’t get away from ads that claim the lowest premium rates from companies such as Progressive, Allstate and GEICO. All the companies state the claim about how much you will save if you change your auto insurance coverage to their company.
How can each company have lower policy pricing? You have to listen carefully.
Many companies quote the lowest rates for the type of customer that will most likely be profitable. An example of this type of insured might be described as a female over age 40, has no claims, and drives a safe vehicle. A customer who meets those qualifications is entitled to the best price and as a result will probably save money with a new company.
People who don’t meet these criteria will be quoted a higher premium and the customer not buying. The wording the ads use say “customers who switch” not “all people who quote” save that much money. That’s why companies can truthfully make it sound like they have such great prices.
Because every company is different, you really should do a rate comparison at every renewal. Because you cannot predict which auto insurance company will fit your personal profile best.
Get the best coverage at the most affordable price
We covered quite a bit of information on how to shop for Honda Fit insurance online. The key thing to remember is the more providers you compare, the better your chances of lowering your premium rates. Consumers may even find the best price on car insurance is with a small local company. Some small companies may have significantly lower premium rates on certain market segments as compared to the big name companies such as State Farm or Progressive.
Lower-priced Honda Fit insurance in Phoenix is available from both online companies and from local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance providers may not provide price quotes online and these small, regional companies only sell through independent insurance agents.
To read more, feel free to browse the resources below:
- Teen Driving Statistics (GEICO)
- Who Has the Cheapest Car Insurance Quotes for a Chevrolet Traverse in Phoenix? (FAQ)
- What Auto Insurance is Cheapest for Teenage Females in Phoenix? (FAQ)
- Where can I buy Insurance? (Insurance Information Institute)
- How to Avoid Buying a Flooded Car (Insurance Information Institute)
- Property Damage Coverage (Liberty Mutual)
- Car Insurance FAQ (Trusted Choice)