Who Has the Cheapest Insurance for a Honda Pilot in Minnesota?

Our editors always tell us that when writing about car insurance, the word affordable should not appear anywhere in the article to describe car insurance rates. Forgive the oxymoron, but cheap car insurance for a Honda Pilot may be a thing of the past. But don’t let us ruin your dream, because there may be ways you can still get auto insurance that is more affordable than your current policy.

Your ability to find the best cheap insurance for a Honda Pilot in Minnesota is dependent upon a complicated formula that considers factors such as your marital status, if you have ever had a coverage lapse, and the deductible amount you use. Drivers on average pay around $840 annually for Pilot insurance, but that policy rate is that uses rate data for a 30-year-old married female who needs full coverage including both comprehensive and collision and $500 deductibles.

The issue that arises when projecting rates is that it’s very likely that you are not a 30-year-old female, you might be single instead of married, or you have a violation or two on your driving record. This illustrates why the most reliable way to find cheap insurance prices for your Honda is to quote often and with as many companies as possible.

Cheapest Honda Pilot Insurance Rates

Vehicle trim level tends to impact the annual cost of coverage, so the cost to insure a Pilot LX 2WD model will be $82 lower than the cost to insure the fancier Pilot Touring 4WD version, as demonstrated by the prices below.

Data based on married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Minnesota minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Information does not factor in Minnesota location which can alter price quotes noticeably.

Deciding which company has the most affordable insurance rates for a Honda Pilot requires more time than just picking a company at random. Every insurance provider uses their own method to determine rates, so let’s examine the insurance companies with the overall best prices in Minnesota.

It’s important that readers know that Minnesota insurance rates are impacted by many things which can substantially change the policy premium. Simply improving your credit, having a teenage driver, or getting a speeding ticket can trigger price changes resulting in some rates now being cheaper than before.

Best Cheap Insurance Rates for Your Pilot

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Travelers has some of the lowest car insurance rates in Minnesota at around $641 annually. USAA, Farm Bureau Mutual, Western National, and The Hartford would also be considered some of the best Minnesota auto insurance companies.

As illustrated above, if you buy coverage from The Hartford and switched to USAA, you might see an annual premium reduction of approxmiately $157. Customers with West Bend Mutual may save as much as $165 a year, and Allied insureds might lower prices by $391 a year.

Bear in mind that those policy rates are averages for all drivers and vehicles and do not take into consideration a specific rate value for a Honda Pilot. So the auto insurance company that has the cheapest rates for you may not even be included in the rate chart shown above. That points out the importance of why you need to quote rates from many companies using your own individual information.

Get discount Minnesota auto insurance rates

Auto insurance companies that offer the cheapest insurance for a Honda Pilot in Minnesota may also give you special discounts that can reduce rates by 35% or more if you qualify for them. Companies and some of the discounts include:

• State Farm offers discounts for safe vehicle, passive restraint, anti-theft, driver’s education, and student away at school.
• Progressive may offer discounts for multi-vehicle, good student, homeowner, multi-policy, online quote discount, online signing, and continuous coverage.
• Progressive offers premium reductions for multi-policy, multi-vehicle, online signing, online quote discount, continuous coverage, homeowner, and good student.
• MetLife includes discounts for good student, accident-free, claim-free, good driver, defensive driver, and multi-policy.
• Farm Bureau has discounts for safe driver, multi-vehicle, multi-policy, 55 and retired, driver training, good student, and renewal discount.
• GEICO discounts include five-year accident-free, membership and employees, driver training, emergency military deployment, seat belt use, anti-lock brakes, and good student.
• SAFECO offers discounts including homeowner, accident prevention training, drive less, anti-lock brakes, teen safety rewards, teen safe driver, and multi-car.

The diagram below compares insurance premiums with and without discounts applied to the rates. The prices are based on a male driver, no driving violations, no at-fault accidents, Minnesota state minimum liability limits, full coverage, and $100 deductibles.

The first bar for each age group shows the average annual price with no discounts. The lower bar shows the rates with safe-driver, claim-free, vehicle safety, defensive driving course, multiple vehicle, and homeowner discounts applied. When discounts are factored in, the the average yearly reduction on insurance for a Honda Pilot is 27% or $560.

The illustration below shows how different deductible levels can increase or decrease yearly insurance costs when researching cheap insurance for a Honda Pilot. The premium estimates are based on a single male driver, full physical damage coverage, and no discounts are applied to the premium.

As shown above, a 40-year-old driver could save $324 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $486 by switching to a $1,000 deductible. Even younger insureds, like the 20-year-old category, could roll back prices $1,054 or more just by choosing larger deductibles.

When insureds make the decision to increase the deductibles on their policy, it will be necessary to have enough funds in savings to be able to pay the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.