7 Best Ways to Slash Honda Civic Insurance Costs

Overpriced Honda Civic insurance can leave holes in your savings account and make it impossible to make ends meet. Doing a price comparison is a smart way to tighten up your finances.

Consumers have many insurers to pick from and though it is a good thing to be able to choose, having more insurance companies makes it harder to get the best deal.

The purpose of this post is to teach you how to effectively get price quotes and some tips to save money. If you have car insurance now, you will most likely be able to reduce your rates substantially using these techniques. Although car owners do need to understand the way insurance companies price online insurance.

Auto Insurance Comparison Rates

To find the best auto insurance prices, there are several ways to get rate comparisons from local auto insurance companies. The easiest way to find competitive Honda Civic insurance rates is to perform an online rate comparison. This is very easy and can be done in several different ways.

• The easiest and least time consuming way to find the lowest comparison rates is a comparison rater form click to view form in new window. This method eliminates the need for multiple quotation requests for each company. Just one form gets rate comparisons from auto insurance companies with the best prices.
• A slightly less efficient method to compare rate quotes is going to the website for each individual company and fill out their own quote form. For sake of this example, we’ll assume you want comparison quotes from Farmers, Liberty Mutual and American Family. You would have to spend time on each company’s site to enter your coverage information, and that’s why the first method is more popular. For a handy list of car insurance company links in your area, click here.
• The least recommended way of getting rate comparisons is to spend time driving to insurance agents’ offices. The ability to buy insurance online eliminates the need for an insurance agent unless you have a need for the trained guidance of a licensed agent. You can, however, get the lowest quotes online but still have the advice of a local agent. We’ll cover that shortly.

Whichever way you use, make darn sure you compare identical coverage limits and deductibles for every quote you compare. If you compare unequal deductibles or liability limits it’s not possible to determine the lowest rate for your Honda Civic. Just a small difference in coverages may cause a big price difference. And when comparing auto insurance rates, know that obtaining a wide range of quotes provides better odds of getting the best rates.

Don’t pay full price with these seven discounts

Car insurance is not cheap, but there could be available discounts to cut the cost considerably. A few discounts will automatically apply at the time of purchase, but lesser-known reductions have to be requested specifically before being credited.

• Low Mileage Discounts – Low mileage vehicles could qualify for lower rates on the low mileage vehicles.
• Distant Student – Children living away from home attending college and don’t have a car can be insured at a reduced rate.
• Government Employees – Employees or retirees of the government can earn a discount up to 10% with a few auto insurance companies.
• Multiple Policy Discount – If you insure your home and vehicles with one insurance company you could get a discount of 10% to 20% off each policy.
• Discount for Life Insurance – Companies who offer life insurance give a discount if you purchase life insurance from them.
• Pay Now and Pay Less – If you pay your bill all at once instead of making monthly payments you could save 5% or more.
• Senior Citizens – If you’re over the age of 55, you may receive a discount up to 10%.

A little note about advertised discounts, some credits don’t apply to all coverage premiums. Most cut the price of certain insurance coverages like liability, collision or medical payments. So even though it sounds like you would end up receiving a 100% discount, you’re out of luck. Any amount of discount will bring down the cost of coverage.

Is there deception in advertising?

Auto insurance providers like Allstate and Progressive consistently run ads on television and other media. They all say the same thing about savings if you change your policy. How does each company claim to save you money? This is how they do it.

Different companies have a preferred profile for the right customer that makes them money. A good example of a driver they prefer might be between the ages of 40 and 55, insures multiple vehicles, and drives newer vehicles. Any driver who fits that profile gets the lowest rates and as a result will probably cut their rates substantially.

Potential customers who don’t measure up to these standards will be quoted a more expensive rate which usually ends up with the customer not buying. The ads state “drivers who switch” not “everybody who quotes” save that kind of money. This is how companies can truthfully claim big savings.

This emphasizes why it is so important to get quotes from several different companies. It’s impossible to know the company that will provide you with the cheapest rates.

Your personal situation dictates your coverage

When buying the best auto insurance coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions might point out if your insurance needs would benefit from professional advice.

• Does my personal auto insurance policy cover using my vehicle for business use?
• Should I have combined single limit or split liability limits?
• Will I be non-renewed for getting a DUI or other conviction?
• Are rental cars covered under my policy?
• Do I need special endorsements for business use of my vehicle?
• Is my cargo covered for damage or theft?
• Is my nanny covered when driving my vehicle?
• Am I getting all the discounts available?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed agent. To find an agent in your area, fill out this quick form.

Cheaper insurance is a realistic goal

When buying insurance coverage, don’t be tempted to skimp on critical coverages to save a buck or two. Too many times, an insured cut physical damage coverage only to regret at claim time they didn’t purchase enough coverage. The ultimate goal is to buy the best coverage you can find for the lowest price while still getting proper protection

Cheaper Honda Civic insurance can be found both online in addition to most insurance agents, so compare prices from both in order to have the best prices to choose from. Independent agents have access to many small mutal insurance companies who do not offer online price quotes.