Car Insurance Quotes for a Honda Insight in Phoenix

Insurance quote for Honda Insight in PhoenixHow many times have you told yourself it’s time to shop around for more affordable insurance rates in Phoenix, AZ? Phoenix drivers have many options when trying to find the best price on Honda Insight insurance. You can either spend your time driving around getting price quotes or utilize the internet to compare rates.

There is a right way and a wrong way to buy insurance and you need to know the absolute fastest way to price shop coverage on a Honda and obtain the lowest possible price.

Our objective in writing this article is to tell you how car insurance companies work and how to save the most money. If you currently have a car insurance policy, you will surely be able to get lower rates using the concepts covered in this article. Comparison shoppers just have to learn the most efficient way to shop their coverage around from many companies at once.

How to buy Phoenix Honda Insight insurance online

The following companies have been selected to offer price comparisons in Arizona. If multiple providers are shown, we suggest you click on several of them to get the best price comparison.

Honda Insight Insurance Rates in Phoenix, AZ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Insight LX $250 $574 $404 $24 $122 $1,374 $115
Insight EX $130 $266 $308 $18 $92 $814 $68
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Above prices assume married male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Table data does not factor in specific location which can revise coverage rates considerably.

Impact of careless driving on auto insurance rates

The information below demonstrates how citations and at-fault collisions impact Honda Insight car insurance costs for each age group. Data assumes a married female driver, full physical damage coverage, $250 deductibles, and no discounts are applied to the premium.

Liability only or full coverage

The example below visualizes the comparison of Honda Insight auto insurance rates with full coverage compared to only the Arizona minimum liability coverage. The costs are based on no driving violations, no at-fault accidents, $250 deductibles, married female driver, and no other discounts are factored in.

When to switch to liability coverage only

There is no exact rule for eliminating full coverage, but there is a guideline you can consider. If the annual cost of comprehensive and collision coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.

For example, let’s say your Honda Insight book value is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $7,000 after the deductible is paid. If it’s costing you more than $700 annually for full coverage, then it may be the right time to buy liability only.

There are a few cases where removing full coverage is not a good idea. If you haven’t paid off your loan, you have to carry full coverage in order to prevent your loan from defaulting. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.

Lower rates by qualifying for discounts

Companies that sell car insurance don’t always publicize every discount very clearly, so we researched a few of the more well known and the more hidden discounts that you may qualify for.Cheaper auto insurance with discounts

Discounts reduce rates, but you should keep in mind that some credits don’t apply to the entire policy premium. Some only reduce the price of certain insurance coverages like medical payments or collision. Just because it seems like you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

To view companies that offer discounts in Arizona, click this link.

Compare rates but buy from a local Phoenix insurance agency

Some consumers would rather buy from a licensed agent and doing that can be a smart decision Licensed agents will help you protect your assets and will help you if you have claims. One of the best bonuses of comparing insurance prices online is that you can find the lowest rates but also keep your business local. Buying from and supporting local agencies is definitely important in Phoenix.

Insurance agents in PhoenixTo help locate an agent, after submitting this simple form, your insurance data is transmitted to local insurance agents in Phoenix that give free quotes for your coverage. You never need to leave your computer because quoted prices will be sent to you directly. If you want to compare prices for a specific company, don’t hesitate to go to their quote page and complete a quote there.

If you are searching for local Phoenix agents, you must know there are a couple different types of agencies and how they are distinctly different. Agencies in Phoenix are categorized either exclusive agents or independent agents. Either one can handle insurance, but it is a good idea to know the differences since it can affect which agent you choose.

Independent Insurance Agencies or Brokers

Agents of this type can sell policies from many different companies and that allows them to write policies with lots of companies depending on which coverage is best. If they find a cheaper price, they simply move your policy to a different company and you stay with the same agent. When searching for an agent, we recommend you include price quotes from independent agents in order to have the best price comparison. They often place coverage with lesser-known insurance companies who may have lower rates.

The following are Phoenix independent agents that may be able to give free insurance rate quotes.

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Exclusive Insurance Agents

Exclusive agents can only provide one company’s prices such as American Family, State Farm, and Allstate. Exclusive agents cannot give you multiple price quotes so if the price isn’t competitive there isn’t much they can do. Exclusive insurance agents receive a lot of sales training on what they offer and that can be a competitive advantage. Consumers frequently choose to use an exclusive agent mostly because of the prominent brand name and solid financial strength.

Listed below is a list of exclusive agents in Phoenix that are able to give rate quotes.

View more Phoenix agents

Picking the best auto insurance agent is decision based upon more than just the price. Below are some questions you should ask.

Insurance Price Influencing Factors

It’s important that you understand the rating factors that are used to determine the level of your policy premiums. If you know what controls the rates you pay, this empowers consumers to make smart changes that can help you get lower rates. Multiple criteria are part of the equation when you get your auto insurance bill. A few of the factors are predictable like your driving record, but some are less apparent such as whether you are married or how safe your car is.

The items below are most of the major factors used by insurance companies to determine rates.

Auto insurance does more than just protect your car

Despite the high cost of buying insurance for a Honda Insight in Phoenix, buying auto insurance may be required and benefits you in several ways.

The benefits of insuring your car more than cancel out the cost, especially for larger claims. The average driver in America is wasting up to $830 a year so shop around every year to save money.

In the end, you can save money

As you prepare to switch companies, it’s a bad idea to skimp on coverage in order to save money. There have been many situations where consumers will sacrifice liability limits or collision coverage and learned later that the savings was not a smart move. The ultimate goal is to find the BEST coverage for the lowest price, but do not sacrifice coverage to save money.

Discount Honda Insight insurance in Phoenix is possible online and with local Phoenix insurance agents, and you should compare price quotes from both to get a complete price analysis. Some auto insurance companies may not provide online price quotes and these smaller providers prefer to sell through independent insurance agents.

Drivers change insurance companies for any number of reasons including policy cancellation, not issuing a premium refund, policy non-renewal and high rates after DUI convictions. No matter why you want to switch, switching auto insurance companies can be easy and end up saving you some money.

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